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

  • #58,701
  • Jan 11, 2008 8:32am Jan 11, 2008 8:32am
Quoting FX-Petra
OK, I have had enough. I have closed all my longs and started scaling into more shorts. If history is any indicator, that means our rally to 220 should begin before long.
Haha - the old reverse indicator. Im short here too mate. We will see a break to the downside shortly.
"If it bleeds ... we can kill it"
  • #58,702
  • Jan 11, 2008 8:32am Jan 11, 2008 8:32am
Quoting FX-Petra
OK, I have had enough. I have closed all my longs and started scaling into more shorts. If history is any indicator, that means our rally to 220 should begin before long.
LOL
  • #58,703
  • Jan 11, 2008 8:39am Jan 11, 2008 8:39am
Quoting FX-Petra
OK, I have had enough. I have closed all my longs and started scaling into more shorts. If history is any indicator, that means our rally to 220 should begin before long.
Not before 210/206. . .
I'm long @ 212.40 and will get short once we reach 214 maybe 214.60's (doubtful), call me crazy but. . .

Edit;
I am shorting UJ on the way up while long GJ for now. . . Will flip GJ long to short up there somewhere then ride it back down to test the lows again. . .
  • #58,704
  • Jan 11, 2008 8:40am Jan 11, 2008 8:40am
Quoting FX-Petra
OK, I have had enough. I have closed all my longs and started scaling into more shorts. If history is any indicator, that means our rally to 220 should begin before long.
Been there many times FX-Petra. Its the pip mafia!
  • #58,705
  • Jan 11, 2008 8:47am Jan 11, 2008 8:47am
Quoting FX-Petra
OK, I have had enough. I have closed all my longs and started scaling into more shorts. If history is any indicator, that means our rally to 220 should begin before long.
let's all go long here so it can go down on us.....
  • #58,706
  • Jan 11, 2008 8:50am Jan 11, 2008 8:50am
naked weekly h&s if it hasnt already been posted by pipchick
Attached Image (click to enlarge)
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TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #58,707
  • Jan 11, 2008 8:51am Jan 11, 2008 8:51am
just in case you're wondering i am short biased
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #58,708
  • Jan 11, 2008 8:52am Jan 11, 2008 8:52am
Quoting moneymagnet
naked weekly h&s if it hasnt already been posted by pipchick
The NL break on that is PART of what caused the huge fall.
  • #58,709
  • Jan 11, 2008 8:53am Jan 11, 2008 8:53am
Quoting moneymagnet
just in case you're wondering i am short biased
When and if the nl is breached to the upside, I will be long biased from there.
  • #58,710
  • Jan 11, 2008 8:53am Jan 11, 2008 8:53am
Seems to be respecting this angle in large sq
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"Millionaires don't use astrology, billionaires do"
  • #58,711
  • Jan 11, 2008 8:54am Jan 11, 2008 8:54am
Quoting moneymagnet
just in case you're wondering i am short biased
  • #58,712
  • Jan 11, 2008 8:57am Jan 11, 2008 8:57am
Smells like weekend short covering positions and end of week profit taking to me. Weekly 200 sma at 212.81 is a strong support.
  • #58,713
  • Jan 11, 2008 9:02am Jan 11, 2008 9:02am
Quoting PipChick
When and if the nl is breached to the upside, I will be long biased from there.
i dont think we will but i try not to trade what i think. lol. that break and perfect retest of the TL has me screaming SHORT. even if we go back to 215-216
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #58,714
  • Jan 11, 2008 9:02am Jan 11, 2008 9:02am
Tokyo Stock Exchange will be closed monday, just an information on how monday session might be
  • #58,715
  • Jan 11, 2008 9:06am Jan 11, 2008 9:06am
Quoting OrionsWay
My 15m looks like this
Just think, you could of been a designer!!!
  • #58,716
  • Jan 11, 2008 9:08am Jan 11, 2008 9:08am
Here it comes! Break to the downside.Its very close now.
"If it bleeds ... we can kill it"
  • #58,717
  • Edited 10:51am Jan 11, 2008 9:10am | Edited 10:51am
Quoting ovaforty
Smells like weekend short covering positions and end of week profit taking to me. Weekly 200 sma at 212.81 is a strong support.
GJ is bouncing and testing daily s1 @ 213.31, thats why I think a trip back to test daily pivot is more likely to happen. . .

It will have to chop to get there but charts and pivots are pointing that way so far. However, it may cap out @ 214/214.48 before hitting daily pivot.

A break of this daily s1 support will see 213.09 (which it bounced off of earlier), a break there would take it back to trend line support @ 112.66/82. . that dates back a couple days ago (dec 9th. . .)

Just what I see on the charts. . .
  • #58,718
  • Jan 11, 2008 9:13am Jan 11, 2008 9:13am
Quoting MMDealer
Here it comes! Break to the downside.Its very close now.
C'mon, don't give up on the "geppy" just yet, she still has a bit more gas to the upside =
  • #58,719
  • Jan 11, 2008 9:16am Jan 11, 2008 9:16am
Quoting quecee5
C'mon, don't give up on the "geppy" just yet, she still has a bit more gas to the upside =
to complete the rising wedge, we may see a high of 213.60/65. IMO
got to go, off to work I go.
  • #58,720
  • Jan 11, 2008 9:17am Jan 11, 2008 9:17am
last hour of Frankfurt now. then last hour of london. U.s. traders will have low volumes to play with, which could mean big moves.
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