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

  • #72,461
  • Apr 8, 2008 1:54pm Apr 8, 2008 1:54pm
Got out at 201.57 and looking to short again near 202 but DOW gaining
History is written by the victors.
  • #72,462
  • Apr 8, 2008 1:55pm Apr 8, 2008 1:55pm
Quoting Jerry
iam waiting new 1h candel.. for shorting

Looks to be building a 1hr reversal candle
  • #72,463
  • Apr 8, 2008 2:03pm Apr 8, 2008 2:03pm
Quoting pip_designer
Looks to be building a 1hr reversal candle

mom's still pointing south. . . still holding for now. . .
  • #72,464
  • Apr 8, 2008 2:19pm Apr 8, 2008 2:19pm
i see this 1h still bullish..
  • #72,465
  • Apr 8, 2008 2:30pm Apr 8, 2008 2:30pm
Went short again, in the meantime read the IMF report, FED minutes and home sales - pretty bad outlook to say the least. Are there any fundamentals pointing positive?
History is written by the victors.
  • #72,466
  • Apr 8, 2008 2:30pm Apr 8, 2008 2:30pm
Quoting Jerry
i see this 1h still bullish..

Probably just consoilidating for a while to bring every up form being over sold.
Can't believe we are headed up with all the bad news lately. NFP and now FOMC minutes. Bernanke can only hold the dollar up for so long.
  • #72,467
  • Apr 8, 2008 2:32pm Apr 8, 2008 2:32pm
Quoting Money-RX
Went short again, in the meantime read the IMF report, FED minutes and home sales - pretty bad outlook to say the least. Are there any fundamentals pointing positive?
Only energy and utilities remain in the green.
  • #72,468
  • Apr 8, 2008 2:34pm Apr 8, 2008 2:34pm
just came back to see, not much movement, i have shorted at 15min 50/4hr 5sma again.
  • #72,469
  • Apr 8, 2008 2:35pm Apr 8, 2008 2:35pm
Quoting pkimnyc
Only energy and utilities remain in the green.
Especially the ones Al Gore's hedge fund invests in.
History is written by the victors.
  • #72,470
  • Apr 8, 2008 2:38pm Apr 8, 2008 2:38pm
Took scalp profit and now I'm on the sidelines for now. . . Looking to get short at a better price. . .
  • #72,471
  • Apr 8, 2008 2:39pm Apr 8, 2008 2:39pm
this 201.80 support, which was big resistance point couple weeks ago, is tough tough tough to get back below here.
  • #72,472
  • Apr 8, 2008 2:44pm Apr 8, 2008 2:44pm
Quoting piptrain
this 201.80 support, which was big resistance point couple weeks ago, is tough tough tough to get back below here.
Yeah, I was actually looking at how many times it bounced off 201.70 support. . . So I think GJ will head back up to challenge the daily pivot @ 203.40 area before heading further down. . .
  • #72,473
  • Apr 8, 2008 2:45pm Apr 8, 2008 2:45pm
Quoting quecee5
Took scalp profit and now I'm on the sidelines for now. . . Looking to get short at a better price. . .
hard to break the 4H 50ema
  • #72,474
  • Apr 8, 2008 2:47pm Apr 8, 2008 2:47pm
looks like a 15m inverse h&s forming, NL is 202.00.
  • #72,475
  • Apr 8, 2008 2:48pm Apr 8, 2008 2:48pm
Quoting piptrain
looks like a 15m inverse h&s forming, NL is 202.00.
I've been keeping an eye on that too piptrain
  • #72,476
  • Edited 3:07pm Apr 8, 2008 2:50pm | Edited 3:07pm
Quote
Gbp/Usd

------------------------------------------------
Here is look at what may be occurring ...........

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Only a Probability ! ....... Not Cast in Stone !

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( Double click on chart to enlarge )

Gbp/Usd

Chart Update ..............

Original Post #71891
http://forexfactory.com/showthread.p...54#post1937954

----------------------------------------------------------
Wow , This one happened real fast

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Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBP-04-04-2008-#1.gif Size: 19 KB
Click to Enlarge Name: GBP-04-08-2008-#3.gif Size: 20 KB
  • #72,477
  • Apr 8, 2008 2:52pm Apr 8, 2008 2:52pm
Quoting Blicas
hard to break the 4H 50ema

yep, and 1h 200ema is also holding, alllllllllllllll daaaaaaaaaaaaaaaay. but break it and up she go for a spell.

I was thinking to sell at the 4h 5ema to continue down, but now I am thinking to scalp a long with break of the 202.00..

Oh, but i hate trading this time of day.
  • #72,478
  • Apr 8, 2008 2:52pm Apr 8, 2008 2:52pm
Quoting marketwavez
Gbp/Usd
Chart Update ..............
it sure did happen fast! Nice trade MW.
  • #72,479
  • Apr 8, 2008 2:53pm Apr 8, 2008 2:53pm
Quoting txfx
I've been keeping an eye on that too piptrain
hey txfx, i like your avatar, is that ur hand??
  • #72,480
  • Apr 8, 2008 2:59pm Apr 8, 2008 2:59pm
Quoting piptrain
hey txfx, i like your avatar, is that ur hand??
lol, no, but if I decide to get another tattoo that's what it'll be
time to enjoy the rest of the day. see you guys later.
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