hey iam back i was banned for signature lol
Auslanco - GBP/JPY and GBP/USD (newstrade)
Anyone still holding long or is everyone now short this pair?
I sold some longs at the top but I'm still holding some of my earlier longs from down in the 201 area. . .
Of course
208-214 area will happen. be thereComcast has failed me for the 3rd day in a row. I think it was a blessing not having to watch yesterday. Both longs still look great, but I just sold the 2nd one from 201.00 consolidation. Doubt I wouldve held on if I had been online.
This 204.26ish area is looks tough, & may pullback to 202 before blasting through to 206.50
- #71,747
- Apr 3, 2008 5:14pm Apr 3, 2008 5:14pm
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Of course
Comcast has failed me for the 3rd day in a row. I think it was a blessing not having to watch yesterday. Both longs still look great, but I just sold the 2nd one from 201.00 consolidation. Doubt I wouldve held on if I had been online.
This 204.26ish area is looks tough, & may pullback to 202 before blasting through to 206.50
Patience + Discipline - Greed = Success
- #71,748
- Apr 3, 2008 5:17pm Apr 3, 2008 5:17pm
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
You are assuming data will be good tomorrow, right? I think if nfp is worse than -50k, this thing will drop like there is no end. But, if the data is good, longs are good.
Might see a drop to 202 on some position paring ahead of the NFP
Patience + Humility + Study = Success
You are assuming data will be good tomorrow, right? I think if nfp is worse than -50k, this thing will drop like there is no end. But, if the data is good, longs are good.
not good data, just not -50k. Even if it is worse. I don;t think there are many elephants that aren't aware of a slow down (whatever you want to call it). Could the reason we DO see 202 again like someone, & myself, said above.
I know it's counter-intuitive, but it's been worth 600 & 280 pips in longs since my first post on Friday. Not bragging, but it has been a great trade. I've also collected 10 & 7 short.
I saw a NYSE chart today, wish I could find it again, that should a VERY interesting bottom channel position. There is a TON of money out there lookign for a home. Managers cannot sit around & collect bonuses, they must invest!
It looks like UK & Europe are do for their share of horrible releases & that could give us a nice correction. Maybe just like the one we are in now
- #71,757
- Apr 3, 2008 7:43pm Apr 3, 2008 7:43pm
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
Patience + Humility + Study = Success
- #71,759
- Apr 3, 2008 8:36pm Apr 3, 2008 8:36pm
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
Patience + Humility + Study = Success
- #71,760
- Apr 3, 2008 8:42pm Apr 3, 2008 8:42pm
- Joined Jul 2006 | Status: Trader | 4,090 Posts
I dream, therefore I become.