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

  • #69,561
  • Mar 18, 2008 3:05pm Mar 18, 2008 3:05pm
Quoting narocc
Looks like we're heading south again. 202 will not succeed today.
today is over, tomorrow begins in less than 1 hour
"Everybody needs money. That's why they call it money" - Danny De Vito
  • #69,562
  • Mar 18, 2008 3:12pm Mar 18, 2008 3:12pm
Quoting Jerry
iam short now 199.73
be cafeful
  • #69,563
  • Mar 18, 2008 3:14pm Mar 18, 2008 3:14pm
Quoting kotaro-san
be cafeful
i know
  • #69,564
  • Mar 18, 2008 3:17pm Mar 18, 2008 3:17pm
signals or mixed, 1h, 30m, 15m timeframes are bearish and 4h, daily and especially weekly timeframes look bullish. I am looking for a retrace to 198.5 at least in the next hours before going up to 202 based on what I see. Let's see what the market does.
Patience + Discipline - Greed = Success
  • #69,565
  • Mar 18, 2008 3:23pm Mar 18, 2008 3:23pm
Quoting Infinity
signals or mixed, 1h, 30m, 15m timeframes are bearish and 4h, daily and especially weekly timeframes look bullish. I am looking for a retrace to 198.5 at least in the next hours before going up to 202 based on what I see. Let's see what the market does.

I agree with your thoughts on a retracement looking at it now. It actually looks like it could move to the 196's and possibly lower before making a full move back up to around 204. From there, I'm unsure. That's on a longer term scale though than just the next few hours.

The last 4 hour closed as fairly bullish although it is in a resistance area. This next one should tell us a bit more. Im out till then, good luck with your trades everybody.
I dream, therefore I become.
  • #69,566
  • Mar 18, 2008 3:24pm Mar 18, 2008 3:24pm
Sorry guys, but we are heading to 200.27 first (50 %) , than to 202.10 and with some Karmo pills to 207.98!
Enjoy the pips.....
  • #69,567
  • Mar 18, 2008 3:26pm Mar 18, 2008 3:26pm
UJ is hovering near dm5 @ 98.88 pivot and going for its weekly pivot @ 100.17 so its pushing GJ up. Cable still undecided sitting below dayly pivot @ 2.0056 When Cable and UJ are going seperate directions im better off trading 1 of these pairs then entering on sideways Geppy.

Just my 2 pips

Cheers!

edit: also we have a wedge on m1, the lows aint holding so lets see how the highs hold. still no clear direction.
  • #69,568
  • Mar 18, 2008 3:26pm Mar 18, 2008 3:26pm
Suckss though I had longs open at 202.50 which I had to close for a lose. All technical indicators were pointing down so closed it now the news is probably going to take this Monthly S1 or Daily R2. Hate when that happens
  • #69,569
  • Mar 18, 2008 3:28pm Mar 18, 2008 3:28pm
Quoting mike w
I agree with your thoughts on a retracement looking at it now. It actually looks like it could move to the 196's and possibly lower before making a full move back up to around 204. From there, I'm unsure. That's on a longer term scale though than just the next few hours.

The last 4 hour closed as fairly bullish although it is in a resistance area. This next one should tell us a bit more. Im out till then, good luck with your trades everybody.
Be very careful bro. Since Dow has broken solid resistance and Gold solid support. It is very positive for this pair in the moment.
  • #69,570
  • Mar 18, 2008 3:30pm Mar 18, 2008 3:30pm
1st Geppy over sold ,
2nd 4h 1h look bearish,
i think we ll go down, iam not sure but i think tine for selling now
  • #69,571
  • Mar 18, 2008 3:31pm Mar 18, 2008 3:31pm
Quoting mktjong
Be very careful bro. Since Dow has broken solid resistance and Gold solid support. It is very positive for this pair in the moment.
Oh, I'm not shorting here, I was just saying I think it's a possibility based on the charts. If it would play out like that, then I would think that would be an excellent buying area. Thanks for looking out though!|

2 inside bars on the half hour charts. Maybe good for a quick little profit whichever way it breaks out. The hourly may hold the same way from here.
I dream, therefore I become.
  • #69,572
  • Mar 18, 2008 3:33pm Mar 18, 2008 3:33pm
I'm just wonder where's Karmo at this moment. But I do believe he's doing fine, becoz he got a very big margin from the long at 204 previously.

Good luck all traders. It's 4:32 am at my place. Gonna have some sleep now.
  • #69,573
  • Mar 18, 2008 3:33pm Mar 18, 2008 3:33pm
Im not shorting as well, wait a little let her form some lh's and ll's and then we will see what she's about
  • #69,574
  • Mar 18, 2008 3:37pm Mar 18, 2008 3:37pm
Quoting mike w
Oh, I'm not shorting here, I was just saying I think it's a possibility based on the charts. If it would play out like that, then I would think that would be an excellent buying area. Thanks for looking out though!|

2 inside bars on the half hour charts. Maybe good for a quick little profit whichever way it breaks out. The hourly may hold the same way from here.

mike am long @ 200.40 u think better to close it now?
  • #69,575
  • Mar 18, 2008 3:40pm Mar 18, 2008 3:40pm
I have a small protected short @ 200.32 that is already in profit. I think we will get this retracement to 198.5 soon before going higher. If it doesn't happen this way, I will reevaluate. This next 2 1hr bars should make things more clear.
Patience + Discipline - Greed = Success
  • #69,576
  • Mar 18, 2008 3:44pm Mar 18, 2008 3:44pm
Quoting Infinity
I have a small protected short @ 200.32 that is already in profit. I think we will get this retracement to 198.5 soon before going higher. If it doesn't happen this way, I will reevaluate. This next 2 1hr bars should make things more clear.

anyone advice me
  • #69,577
  • Mar 18, 2008 3:45pm Mar 18, 2008 3:45pm
Quoting warta
mike am long @ 200.40 u think better to close it now?
Im really not too sure man. Im not at liberty to tell you that kind of thing anyways man, as I wouldnt want to be responsible if you were to lose money. Right now, I'm looking at a possible inside bar on the hourly charts. Whichever way that breaks should give us a better outlook as to where it's going in the immediate future. The previous bar was a pin bar and if we would get a lower close on this hour, then I would think we would be moving lower. It just depends, at the moment, how it breaks.
I dream, therefore I become.
  • #69,578
  • Mar 18, 2008 3:46pm Mar 18, 2008 3:46pm
Quoting mike w
Im really not too sure man. Im not at liberty to tell you that kind of thing anyways man, as I wouldnt want to be responsible if you were to lose money. Right now, I'm looking at a possible inside bar on the hourly charts. Whichever way that breaks should give us a better outlook as to where it's going in the immediate future. The previous bar was a pin bar and if we would get a lower close on this hour, then I would think we would be moving lower. It just depends, at the moment, how it breaks.

cheers
  • #69,579
  • Mar 18, 2008 3:47pm Mar 18, 2008 3:47pm
I'm Shorting @ 200.26 and if I get the chance I'll short again at weekly Pivot/76.4% around 201.74/202.08...Just my account though so I hope it works.
Chuck Norris doesn't go hunting.... CHUCK NORRIS GOES KILLING.

-Pipimint
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Enjoy it while it lasts, then pay for it. Be Grateful.
  • #69,580
  • Mar 18, 2008 3:48pm Mar 18, 2008 3:48pm
2 1hr bars penetrated 61.8 fib level and bounced, i think we might see moove down in some time, still time will tell.

edit: wanted to post a chart on 1hr geppy but Pipimintpati posted before
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