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

  • #56,541
  • Dec 28, 2007 9:34am Dec 28, 2007 9:34am
Quoting quecee5
Chicago PMI and Dec New Home Sales. . .
Chicago PMI seems to suggest optimisim ahead
New Home Sales very dissappointing vs. expected. . .
I don't think the Chicago PMI suggests optimism. Compared to the last report, it was worse and so that tells me that it's not going too good. As for the home sales, you are right. Did you notice that they changed the previous reports listing as well?
I dream, therefore I become.
  • #56,542
  • Dec 28, 2007 9:38am Dec 28, 2007 9:38am
Quoting quecee5
Chicago PMI and Dec New Home Sales. . .
Chicago PMI seems to suggest optimisim ahead
New Home Sales very dissappointing vs. expected. . .
This could be the data that dollar bears were looking for. It looks like GBP/JPY is having trouble getting below 225.
  • #56,543
  • Dec 28, 2007 9:43am Dec 28, 2007 9:43am
This is the forth time that price touches support line of 225.20 area. What do everybody think? Is it a sign of further downtrend or the price will bounce back up ... ?
Discipline + Patience - Fear - Greed = Success
  • #56,544
  • Dec 28, 2007 9:44am Dec 28, 2007 9:44am
Quoting arezab
This is the forth time that price touches support line of 225.20 area. What do everybody think? Is it a sign of further downtrend or the price will bounce back up ... ?
I don't care, I'm staying out. I'll go short if the price bounces back up again.
  • #56,545
  • Dec 28, 2007 9:46am Dec 28, 2007 9:46am
Quoting falcon232
This could be the data that dollar bears were looking for. It looks like GBP/JPY is having trouble getting below 225.
My thoughts exactly -
  • #56,546
  • Dec 28, 2007 9:48am Dec 28, 2007 9:48am
Quoting arezab
This is the forth time that price touches support line of 225.20 area. What do everybody think? Is it a sign of further downtrend or the price will bounce back up ... ?
I'm long from 225.20's with agressive stops. . .
Great scalp or. . . .
  • #56,547
  • Dec 28, 2007 9:51am Dec 28, 2007 9:51am
Long or short...get your pips & run ! Friday = Scalpers Delight!
  • #56,548
  • Dec 28, 2007 9:52am Dec 28, 2007 9:52am
So it is safe to say that we wont be seeing 230 or even 229 this year. :surprised
  • #56,549
  • Dec 28, 2007 9:53am Dec 28, 2007 9:53am
e/j hovering again near yesterday highs....price seems a bit overdone imo, may be a good risk/reward short.......
  • #56,550
  • Dec 28, 2007 9:54am Dec 28, 2007 9:54am
Quoting forexnovice
Long or short...get your pips & run ! Friday = Scalpers Delight!
Afternoon Delight! hahaha
I dream, therefore I become.
  • #56,551
  • Dec 28, 2007 9:55am Dec 28, 2007 9:55am
ahhh....the crazy seventies....hehe

Quoting mike w
Afternoon Delight! hahaha
  • #56,552
  • Dec 28, 2007 9:56am Dec 28, 2007 9:56am
Quoting forexnovice
Long or short...get your pips & run ! Friday = Scalpers Delight!
= =
Good evening forexnovice =
  • #56,553
  • Dec 28, 2007 9:58am Dec 28, 2007 9:58am
Quoting mrxit
e/j hovering again near yesterday highs....price seems a bit overdone imo, may be a good risk/reward short.......
EU should go up more so it may not be quite done yet. . .
I got back in yesterday @ 166.40 after taking profit @ 166.04, TP @ the low @ 165 and bounced back in down there. . . This slow market has been great to say the least!
  • #56,554
  • Dec 28, 2007 10:00am Dec 28, 2007 10:00am
Quoting quecee5
= =
Good evening forexnovice =
Good Evening Everyone
  • #56,555
  • Dec 28, 2007 10:02am Dec 28, 2007 10:02am
Quoting vinesh2
So it is safe to say that we wont be seeing 230 or even 229 this year. :surprised
weekly and monthly mom's suggest totally different. . .
  • #56,556
  • Dec 28, 2007 10:03am Dec 28, 2007 10:03am
yep, it's torn between g/j and e/u . Since e/u run is starting to look a little worn and g/j sentiment heading bearish this afternoon (i think)....e/j is hanging in limbo and looking for a reason to take a rest.......jmo of course.

Quoting quecee5
EU should go up more so it may not be quite done yet. . .
I got ack in yesterday @ 166.40 after taking profit @ 166.04, TP @ the low @ 165 and bounced back in down there. . . This slow market has been great to say the least!
  • #56,557
  • Dec 28, 2007 10:03am Dec 28, 2007 10:03am
Quoting quecee5
I'm long from 225.20's with agressive stops. . .
Great scalp or. . . .
Good ... good for you, you will get your pips for sure. Scalping was good today. I made about +380 pt which is more than enough for my daily goal which is 200.

I hope pips will be with you and everybody at the end of the year and enjoy happy holiday.
Discipline + Patience - Fear - Greed = Success
  • #56,558
  • Dec 28, 2007 10:09am Dec 28, 2007 10:09am
I am assuming we wont be seeing 230 or even 229 this year then
  • #56,559
  • Dec 28, 2007 10:10am Dec 28, 2007 10:10am
I hope your not long from there?


Quoting vinesh2
I am assuming we wont be seeing 230 or even 229 this year then
  • #56,560
  • Dec 28, 2007 10:12am Dec 28, 2007 10:12am
If you are, I suggest you bite the bullet and take the hit. thats jmo, with the economic forecasts for Britain I wouldn't count on hope for those prices.

Quoting mrxit
I hope your not long from there?
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