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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #53,661
  • Dec 6, 2007 6:20am Dec 6, 2007 6:20am
Quoting 2fx
good advice... what if you were already in the trade?
if yu are short and in profit just trade your plan. if you are long and in the red trade your plan
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #53,662
  • Dec 6, 2007 6:23am Dec 6, 2007 6:23am
Quoting Hakuna Matata
wow that was fast--in and out

whats up HK, i got an email from Jason, I CANT WAIT!!!!
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #53,663
  • Dec 6, 2007 6:31am Dec 6, 2007 6:31am
Quoting moneymagnet
if yu are short and in profit just trade your plan. if you are long and in the red trade your plan
  • #53,664
  • Dec 6, 2007 6:32am Dec 6, 2007 6:32am
Quoting moneymagnet
whats up HK, i got an email from Jason, I CANT WAIT!!!!
Who is Jason? lol
  • #53,665
  • Edited 6:35am Dec 6, 2007 6:34am | Edited 6:35am
Quoting moneymagnet
if yu are short and in profit just trade your plan. if you are long and in the red trade your plan

eur rate announcement (oops) 7:45 maybe we get more action after that ,,,any thoughts?
  • #53,666
  • Dec 6, 2007 6:39am Dec 6, 2007 6:39am
Quoting dagoods
eur rate decision 7:45 maybe we get more action after that ,,,any thoughts?
Very unlikely to change it anytime soon and nobody expects it to. Eurozone hasn't been effected by credit crisis to the extent of other nations and inflation is still above target rate.
  • #53,667
  • Dec 6, 2007 6:39am Dec 6, 2007 6:39am
Quoting moneymagnet
whats up HK, i got an email from Jason, I CANT WAIT!!!!

its gonna rock bro...thats all ill say for now.

keep u in chk buddy.

adios amigos
  • #53,668
  • Dec 6, 2007 6:44am Dec 6, 2007 6:44am
gbp index fell sharply on the news but it's recovered up to the same level as it fell now!(i watch it through liteforex) the drop of past few days has decreased the impact of rate cut today i think?!! so be careful bearssss
  • #53,669
  • Dec 6, 2007 6:57am Dec 6, 2007 6:57am
Told ya's they'd cut!!

Sorry just got home...

GBP will bounce hard. Buy the rumor sell the fact!
"If it bleeds ... we can kill it"
  • #53,670
  • Dec 6, 2007 7:03am Dec 6, 2007 7:03am
Quoting MMDealer
Told ya's they'd cut!!

Sorry just got home...

GBP will bounce hard. Buy the rumor sell the fact!
dow futres nas futures up slighlty fyi
  • #53,671
  • Dec 6, 2007 7:07am Dec 6, 2007 7:07am
Quoting dagoods
dow futres nas futures up slighlty fyi
Yep, carry negative though so bounce may be limited? I'm not sure how big an effect the cut may actually have. Although i'm long at the figure, i worry we haven't seen the end of the sell off...

Thoughts guys?
"If it bleeds ... we can kill it"
  • #53,672
  • Dec 6, 2007 7:08am Dec 6, 2007 7:08am
1hr VT mom's have a bullish bent but the 4hr mom's is flat. fxsol's market news is reporting major demand for the gbp/usd at 2.0180 area which has been accurate so far
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #53,673
  • Dec 6, 2007 7:10am Dec 6, 2007 7:10am
Went long @ 244.46 targeting at least 140pips up.

SL 100pips below.

We have a bullish bat on H4.

Just a small long.

Cheers.
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  • #53,674
  • Dec 6, 2007 7:15am Dec 6, 2007 7:15am
Yep. Long cable @ 2.0204 and the beast at 224.20 odd. Just standard position sizing. Stops already above BE as i'm a little skittish of these pairs atm. Target 2.04 in cable (next session maybe) and 226.20 in gbpjpy.
"If it bleeds ... we can kill it"
  • #53,675
  • Dec 6, 2007 7:20am Dec 6, 2007 7:20am
Quoting PipChick
Who is Jason? lol
Attached Image
  • #53,676
  • Dec 6, 2007 7:25am Dec 6, 2007 7:25am
long from 224.70...a doji formed on H4 just on top of the weekly support
  • #53,677
  • Dec 6, 2007 7:26am Dec 6, 2007 7:26am
Head and shoulders pattern on the 1 hr and 4 hr G/J. Be careful longs.
Attached Image (click to enlarge)
Click to Enlarge Name: 12-6 GJ 4 hr.jpg Size: 33 KB
Attached Image
  • #53,678
  • Dec 6, 2007 7:27am Dec 6, 2007 7:27am
Quoting my2buoys
only u m2b, only u
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #53,679
  • Dec 6, 2007 7:29am Dec 6, 2007 7:29am
UncleForex, i don't have this bat,

Do you change settings on ZUP ?

Thanks
  • #53,680
  • Dec 6, 2007 7:30am Dec 6, 2007 7:30am
I wont buy until a break of 225.60 and a pullback occurs after the break. I wont short until a break of yesterdays low and a pullback occurs after the break. Until then, I think it could be dangerous territory.
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