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

  • #61,301
  • Feb 11, 2008 12:13am Feb 11, 2008 12:13am
Let's see if that supporting tl holds. If she bounces, then long near 206.20.

The price will probably range for the next weeks, if news don't mess up the current range.
  • #61,302
  • Feb 11, 2008 12:16am Feb 11, 2008 12:16am
There is a big time bomb waiting to go off. UK telegraph reports up to 300Billion in Bank losses waiting to be reported by Japanese banks.
That is more than 2X what US banks and investment houses have reported.

TICK TICK TICK TICK
"Timing Is Everything. Really I Swear It Is"
  • #61,303
  • Feb 11, 2008 12:17am Feb 11, 2008 12:17am
Quoting TexasforEX
There is a big time bomb waiting to go off. UK telegraph reports up to 300Billion in Bank losses waiting to be reported by Japanese banks.
That is more than 2X what US banks and investment houses have reported.

TICK TICK TICK TICK
Where did you read this?
Indicators show the past. Price Action "Indicates" the future.
  • #61,304
  • Feb 11, 2008 12:18am Feb 11, 2008 12:18am
Quoting TexasforEX
There is a big time bomb waiting to go off. UK telegraph reports up to 300Billion in Bank losses waiting to be reported by Japanese banks.
That is more than 2X what US banks and investment houses have reported.

TICK TICK TICK TICK
Everyone brace yourself...
  • #61,305
  • Feb 11, 2008 12:19am Feb 11, 2008 12:19am
Yen is continue economic growth right
  • #61,306
  • Feb 11, 2008 12:20am Feb 11, 2008 12:20am
Will it bounce or will it break.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #61,307
  • Feb 11, 2008 12:22am Feb 11, 2008 12:22am
Quoting jarroo
Where did you read this?
Here is the link to the article.......

http://www.telegraph.co.uk/money/mai...ccjapan110.xml

"Timing Is Everything. Really I Swear It Is"
  • #61,308
  • Feb 11, 2008 12:22am Feb 11, 2008 12:22am
Quoting quecee5
Well, I'm not damn sure it will go up but the charts will tell us soon enough, I'm damn sure of that! =
u a rite bro....
rite now i had floating over 400pips.....
oh god...damm it...
now i'm give up....
my TA very poor like HxxL...
why n why i open 2 post 4 buy???
until now...pergghh very 10sion rite now..
  • #61,309
  • Feb 11, 2008 12:35am Feb 11, 2008 12:35am
Quoting TexasforEX
Here is the link to the article.......

http://www.telegraph.co.uk/money/mai...ccjapan110.xml

Good looking out
  • #61,310
  • Feb 11, 2008 12:37am Feb 11, 2008 12:37am
Quoting jarroo
Will it bounce or will it break.
I think the fact it's stopped up in this area for 3 15min bars shows some Support.

I TP'd out all 5 my shorts.
Awaiting a close above S3 to get in with a small long (scalp).
WE'll have to see when the longer term UP trend takes over.
  • #61,311
  • Feb 11, 2008 12:47am Feb 11, 2008 12:47am
Quoting kujo17
I think the fact it's stopped up in this area for 3 15min bars shows some Support.

I TP'd out all 5 my shorts.
Awaiting a close above S3 to get in with a small long (scalp).
WE'll have to see when the longer term UP trend takes over.
We may get a little retrace for your small long, but it looks like there is more down side to the trend. May be to the trend line as Rocoy has said.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #61,312
  • Feb 11, 2008 1:00am Feb 11, 2008 1:00am
Quoting jarroo
Half postion out at 75 pips. Other half at B/E.

Now to go back and study my loss.

Jim
Locking in other half from B/E to 50 pips 207.54
Indicators show the past. Price Action "Indicates" the future.
  • #61,313
  • Feb 11, 2008 1:21am Feb 11, 2008 1:21am
Dagoods..did you see how that played out? Happens all the time.A violation is one of the most powerful moves in the mkt.
  • #61,314
  • Feb 11, 2008 1:38am Feb 11, 2008 1:38am
Quoting doughboi
oh crap, my bad, didnt have time to post my trading style this weekend, i will get it up by tomorrow morning.

well, lets put it this way, when i recognize one of "these" set ups, it will always bank. Havent had one loss in the past 3 months...

long at 208.60
There's always a first time for everything
Patience + Humility + Study = Success
  • #61,315
  • Feb 11, 2008 1:45am Feb 11, 2008 1:45am
206.80s seems to be support for now
Patience + Humility + Study = Success
  • #61,316
  • Feb 11, 2008 1:47am Feb 11, 2008 1:47am
Quoting jarroo
Locking in other half from B/E to 50 pips 207.54
Other half out at 207.44
Indicators show the past. Price Action "Indicates" the future.
  • #61,317
  • Feb 11, 2008 1:48am Feb 11, 2008 1:48am
Hi dutchtrader no loss in 3 mnths more power to u. Are you willlng to mentor another dutchie living far away from you- you just blow me away and feel sad about my trading novice
  • #61,318
  • Feb 11, 2008 1:50am Feb 11, 2008 1:50am
Quoting Novice
Hi dutchtrader no loss in 3 mnths more power to u. Are you willlng to mentor another dutchie living far away from you- you just blow me away and feel sad about my trading novice
Don't believe everything you read.
Indicators show the past. Price Action "Indicates" the future.
  • #61,319
  • Feb 11, 2008 1:50am Feb 11, 2008 1:50am
Quoting Novice
Hi dutchtrader no loss in 3 mnths more power to u. Are you willlng to mentor another dutchie living far away from you- you just blow me away and feel sad about my trading novice
no that wasn't me, that's doughboi who hasn't lost in 3 months, with the 208.60 long call.
Patience + Humility + Study = Success
  • #61,320
  • Feb 11, 2008 1:52am Feb 11, 2008 1:52am
Quoting kujo17
I think the fact it's stopped up in this area for 3 15min bars shows some Support.

I TP'd out all 5 my shorts.
Awaiting a close above S3 to get in with a small long (scalp).
WE'll have to see when the longer term UP trend takes over.
Looks like your small long (scalp) may turn out to be a nice trade. If you took it.
Indicators show the past. Price Action "Indicates" the future.
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