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

  • #67,681
  • Mar 12, 2008 4:44pm Mar 12, 2008 4:44pm
Ok so what the heck happend to geppy just now. It just tanked and EURO took off. Did some news come out?
  • #67,682
  • Mar 12, 2008 4:47pm Mar 12, 2008 4:47pm
Quoting vinesh2
Ok so what the heck happend to geppy just now. It just tanked and EURO took off. Did some news come out?
It broke this years lowest point, and it hasnt been lower than this for years.
EDIT: I was talking about uj of course, sorry.
  • #67,683
  • Mar 12, 2008 4:48pm Mar 12, 2008 4:48pm
Quoting vinesh2
Ok so what the heck happend to geppy just now. It just tanked and EURO took off. Did some news come out?

uj just fell through the bottom..taking gj with it of course


uj trying to break down into nomans land and break below some major support levels....

i'd like to see uj hold support here and form a big fat pinbar..that would be great!!!!!!!!!!! if not we trade what comes eh..........
  • #67,684
  • Mar 12, 2008 4:49pm Mar 12, 2008 4:49pm
Quoting dagoods
i have 204.6 and confluence of fib pivot as well there..... i am slightly bearish biased based on pa and fundies...but if it bounces great!

PS i completely agree with your take 110%

lets see

pss here is my chart from earlier... i took out the buy here cause i am not yet convinced until pa confirms this support will hold....

like u said lets see!
Looks like she will test my daily 5 sma low at 204.60 area
Attached Image (click to enlarge)
Click to Enlarge Name: hourly geppy111.gif Size: 28 KB
  • #67,685
  • Mar 12, 2008 4:50pm Mar 12, 2008 4:50pm
Quoting dagoods
uj just fell through the bottom..taking gj with it of course


uj trying to break down into nomans land and break below some major support levels....

daily S1 204.90 u think we will see a retract?
  • #67,686
  • Mar 12, 2008 4:51pm Mar 12, 2008 4:51pm
UJ just made a 13-year low at 101.08. That's pretty historic. Just be careful if you're long.
  • #67,687
  • Mar 12, 2008 4:53pm Mar 12, 2008 4:53pm
Quoting karmostaji
This beast is my gf lol

New 4H momentum is bearish so might see 61.8% (205.24), I'll get the new daily momentum in 50 mins, should tell us the story for tomorrow.
.
Trade what you see, not what you think.
  • #67,688
  • Mar 12, 2008 4:54pm Mar 12, 2008 4:54pm
I just cashed out a small scalp on a short and within 10 seconds of my close the darn thing dropped like crazy. about 80 pips. I hate when that happens. Not enough patience. I don't know how Karmo does it.
  • #67,689
  • Mar 12, 2008 4:54pm Mar 12, 2008 4:54pm
If UJ breaks down, then all hell will break loose, there's really not much support below 101. UJ will drag GJ and all other yen crosses down to oblivion. I wonder what the BOJ is doing right now.
  • #67,690
  • Mar 12, 2008 4:54pm Mar 12, 2008 4:54pm
I scalped her short +32 pips on a no=brainer. I am looking for rejection soon. Or a break south.
  • #67,691
  • Mar 12, 2008 4:55pm Mar 12, 2008 4:55pm
i saw a few buyers at 205
  • #67,692
  • Mar 12, 2008 4:56pm Mar 12, 2008 4:56pm
she will reload and retest 205
  • #67,693
  • Mar 12, 2008 4:56pm Mar 12, 2008 4:56pm
Quoting karmostaji
.
do u thinks we ll not go little bit low?
  • #67,694
  • Mar 12, 2008 4:57pm Mar 12, 2008 4:57pm
Beauty trendlines
Attached Image (click to enlarge)
Click to Enlarge Name: gj3123.gif Size: 43 KB
  • #67,695
  • Mar 12, 2008 5:00pm Mar 12, 2008 5:00pm
Quoting Jerry
hey guys what do u think about this

Today:
http://lidpluss.com/fx/031108-3.jpg


In Jan.
http://lidpluss.com/fx/031108-2.jpg
  • #67,696
  • Mar 12, 2008 5:00pm Mar 12, 2008 5:00pm
Quoting Jerry
do u thinks we ll not go little bit low?
If you want to be safe then wait for 1H QQE to cross up and candle to form above gann
Trade what you see, not what you think.
  • #67,697
  • Mar 12, 2008 5:01pm Mar 12, 2008 5:01pm
Watch out for verbal intervention from BOJ. I think it's quite scary to go short at the moment even though it has potential to go down further.
Risk & reward seems to go long is better
  • #67,698
  • Mar 12, 2008 5:04pm Mar 12, 2008 5:04pm
Quoting karmostaji
If you want to be safe then wait for 1H QQE to cross up and candle to form above gann

karmo whats your view now ?
  • #67,699
  • Mar 12, 2008 5:06pm Mar 12, 2008 5:06pm
Quoting warta
karmo whats your view now ?
Check my thread, I don't feel like repeating sorry
Trade what you see, not what you think.
  • #67,700
  • Mar 12, 2008 5:07pm Mar 12, 2008 5:07pm
Hah bears looks like were taking control over the bulls again, all we need is to wait for a retracement and then break of 204.97.. if this happens we most likely will break the ultimate low and go straight to hell...
http://www.theage.com.au/ffximage/20...b__430x280.jpg
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