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

  • #69,961
  • Mar 19, 2008 4:36pm Mar 19, 2008 4:36pm
Quoting warta
already broken
yes ;
thnx
Never trouble trouble till trouble troubles you
  • #69,962
  • Mar 19, 2008 4:36pm Mar 19, 2008 4:36pm
Need a close at 195.55
  • #69,963
  • Mar 19, 2008 4:37pm Mar 19, 2008 4:37pm
I went long at 196.616 and I will add to my Long at When I see the Bottom if I get the chance ...IMO so don't do it!! lol
-Pipimint

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Enjoy it while it lasts, then pay for it. Be Grateful.
  • #69,964
  • Mar 19, 2008 4:39pm Mar 19, 2008 4:39pm
Quoting vinesh2
Need a close at 195.55

thats what am waiting bro am not gona join now
  • #69,965
  • Mar 19, 2008 4:39pm Mar 19, 2008 4:39pm
MB tradings spread is getting ridiculous. It's all over the place. sometimes 4 sometimes 14 sometimes 50. If you have a stop loss you can get knocked out just from the spread changing after you get in. I can't trade that! It seems the only time the spread is normal is when there is no movement.
  • #69,966
  • Mar 19, 2008 4:41pm Mar 19, 2008 4:41pm
If it breaks 194.52 then is there a possibility of 193.xx again or safe to long at 194.52? Thanks
  • #69,967
  • Mar 19, 2008 4:42pm Mar 19, 2008 4:42pm
watch out for the next 15 minutes....it can be tricky.
Patience + Discipline - Greed = Success
  • #69,968
  • Mar 19, 2008 4:43pm Mar 19, 2008 4:43pm
Quoting sharon_gpl
If it breaks 194.52 then is there a possibility of 193.xx again or safe to long at 194.52? Thanks
after this small retrace the main target is 193.70
its only my view
  • #69,969
  • Mar 19, 2008 4:44pm Mar 19, 2008 4:44pm
Quoting Infinity
watch out for the next 15 minutes....it can be tricky.

my h momentum show the 1st 15 min is bullish but the rest r bearish
  • #69,970
  • Mar 19, 2008 4:45pm Mar 19, 2008 4:45pm
Let me see ...

Biggest up days happen in bear markets

Today's down day in bear markets was a big statement. 'Profit taking' they said on the news. The dj dropped 2.5% , that is massive in what is already a bear market.

USD getting stronger against GBP,EUR,AUD , gold and oil dropping , JPY pairs going down (risk aversion). I think now investors are more worried about inflation.

GBPJPY going down to 192.5 to test recent lows I think.

4 hour chart

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  • #69,971
  • Mar 19, 2008 4:46pm Mar 19, 2008 4:46pm
Thanks a lot Warta, appreciate it very much. Pls keep updating. Thanks again. Good trades
  • #69,972
  • Mar 19, 2008 4:47pm Mar 19, 2008 4:47pm
Quoting malcolmb14
Let me see ...

Biggest up days happen in bear markets

Today's down day in bear markets was a big statement. 'Profit taking' they said on the news. The dj dropped 2.5% , that is massive in what is already a bear market.

USD getting stronger against GBP,EUR,AUD , gold and oil dropping , JPY pairs going down (risk aversion). I think now investors are more worried about inflation.

GBPJPY going down to 192.5 to test recent lows I think.

4 hour chart

Attachment

u think there is a bull wave before going down till the bottom?
  • #69,973
  • Mar 19, 2008 4:48pm Mar 19, 2008 4:48pm
Quoting sharon_gpl
Thanks a lot Warta, appreciate it very much. Pls keep updating. Thanks again. Good trades

u welcome bro wish u the best too
  • #69,974
  • Mar 19, 2008 4:50pm Mar 19, 2008 4:50pm
Keep this lower trendline in mind too. Reversal is possible. Remember as well today was holiday in Japan. All I am saying is keep an open mind.

As quecee said a while back, look at the glass half empty and half full.

Bless
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Patience + Discipline - Greed = Success
  • #69,975
  • Mar 19, 2008 4:51pm Mar 19, 2008 4:51pm
this is my simple view

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  • #69,976
  • Mar 19, 2008 5:04pm Mar 19, 2008 5:04pm
iam long 195.66 SL -(40pp)
  • #69,977
  • Mar 19, 2008 5:13pm Mar 19, 2008 5:13pm
hi dear Malcolmb14 ,what your point of view EURAUD ?? i think that we must see fall for EURAUD with 500 pips (below 1.67)
  • #69,978
  • Mar 19, 2008 5:21pm Mar 19, 2008 5:21pm
eur/aud I have a target of 1.74/1.76 in the daily chart. So how do you see 500 pips down with aud/usd heading down as well. Thanks
  • #69,979
  • Mar 19, 2008 5:22pm Mar 19, 2008 5:22pm
Japan markets closed today so don't know if this thing is going to do its customary 50% retrace back up
  • #69,980
  • Mar 19, 2008 5:32pm Mar 19, 2008 5:32pm
Quoting hussin naiji
hi dear Malcolmb14 ,what your point of view EURAUD ?? i think that we must see fall for EURAUD with 500 pips (below 1.67)
I am watching eurcad as that is my fav pair to swing trade.

It is very volatile right now , indicating that a top might be in on the 4 hour charts . This pair is typically not this volatile.

If this pair drops and eur gets weaker , then sure euraud will work as well.

However right now the AUDUSD is getting no love and with commodities dropping aud , cad are not going to get any stronger. i will keep and eye on euraud on a 4 hour and see if we get any sign of reversal in the coming days and will let you know if I see anything.

Right now I am bullish on eurcad , however am keeping a close eye on this voltility at the top of the last wave as i see this as bearish action.
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