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

  • #73,101
  • Apr 14, 2008 2:37am Apr 14, 2008 2:37am
Quoting $teve
So far we got a bull run from 197 to 205, then a bear run from 205 to 198 currently 198ish. That's why I'm eager to get in a long from 197 area for a ride back up to 205.
im waiting signal for long now, today..
  • #73,102
  • Apr 14, 2008 2:48am Apr 14, 2008 2:48am
i'm gonna chicken out, closed all my short positions. i hate the way the price is bouncing back and forth. i'm going to wait for a clear breach of 88.6 fibo on my h1 chart (thursday's low and friday's high) and just then i'm going to re-enter short... otherwise, i'm out.

im still not convinced about an intraday uptrend
  • #73,103
  • Apr 14, 2008 2:50am Apr 14, 2008 2:50am
Quoting Jerry
im waiting signal for long now, today..
Long are almost easy money this week, we got tons of resistance down by 197 area. I'm waiting to get a really good bargain on long and hold until 204.50 which we could see this week. GBP news in 40 minutes, I hope it's bad so we could get a spike down and maybe break this current support. I just love the "set it and forget it" trade. Sometimes they're so easy and also so profitable.
  • #73,104
  • Apr 14, 2008 2:50am Apr 14, 2008 2:50am
Quoting Jerry
im waiting signal for long now, today..
dear jerry with weak core retail sales today , you are waiting for long GJ
or with weak consumer sentiment or bad NFP in the past week
  • #73,105
  • Apr 14, 2008 2:51am Apr 14, 2008 2:51am
this trendline needs to break too (close below)...

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  • #73,106
  • Apr 14, 2008 3:21am Apr 14, 2008 3:21am
although i'm not a supporter of (uj and gj) go in the same direction, but check this out on my h4 chart for UJ


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  • #73,107
  • Apr 14, 2008 3:45am Apr 14, 2008 3:45am
Quoting hussin naiji
dear jerry with weak core retail sales today , you are waiting for long GJ
or with weak consumer sentiment or bad NFP in the past week
nope, just my indicators and chats show me this.. that soon time to upupupup
  • #73,108
  • Apr 14, 2008 3:51am Apr 14, 2008 3:51am
Quoting $teve
Long are almost easy money this week, we got tons of resistance down by 197 area. I'm waiting to get a really good bargain on long and hold until 204.50 which we could see this week. GBP news in 40 minutes, I hope it's bad so we could get a spike down and maybe break this current support. I just love the "set it and forget it" trade. Sometimes they're so easy and also so profitable.
will see, i'll go where market'll go
  • #73,109
  • Apr 14, 2008 3:56am Apr 14, 2008 3:56am
Quoting Jerry
will see, i'll go where market'll go
jerry , appearance are deceptive
at any rate , i have good time 4 u in the this week
  • #73,110
  • Apr 14, 2008 4:01am Apr 14, 2008 4:01am
This is a really sad london session. I was hoping to see some volatility after G7 but it seems no one wants to make a move right now. Maybe they're waiting until after US retail sales. I'm setting alerts at 198 and 199.50. I'm gonna take a nap. Hopefully there will be a break out soon.
  • #73,111
  • Apr 14, 2008 4:15am Apr 14, 2008 4:15am
this is as if someone's driving a car and trying to make a U-Turn in a very narrow tunnel, front and back bumpers hitting the sides of the tunnel, until it driver decides he's going to fulfill his U-turn or give up and go back in the same direction. traders worldwide are very confused as to where this beast is heading. as said earlier in this thread, the london session didn't make a big move as anticipated, i guess it's all up to newyork now. lets wait and see...
  • #73,112
  • Apr 14, 2008 4:31am Apr 14, 2008 4:31am
hi dear jarroo
  • #73,113
  • Apr 14, 2008 5:00am Apr 14, 2008 5:00am
Quoting lilmoe
this is as if someone's driving a car and trying to make a U-Turn in a very narrow tunnel, front and back bumpers hitting the sides of the tunnel, until it driver decides he's going to fulfill his U-turn or give up and go back in the same direction. traders worldwide are very confused as to where this beast is heading. as said earlier in this thread, the london session didn't make a big move as anticipated, i guess it's all up to newyork now. lets wait and see...
Ha ha, yes.

I closed my pending order shorts that were below 198.50 and scalped 30 pips (2X lot) on my short term reversal signal. Well at least I am back to break even. Waiting on the sidelines.
  • #73,114
  • Apr 14, 2008 5:20am Apr 14, 2008 5:20am
Quoting GodfreyH
Ha ha, yes.

I closed my pending order shorts that were below 198.50 and scalped 30 pips (2X lot) on my short term reversal signal. Well at least I am back to break even. Waiting on the sidelines.

trendlines trendlines trendlines. the price range GJ was playing about today and friday lastweek was just FULL of resistance and support points.the price just stalled at daily pivot. hey i'm not angry i've been making money all day just buy and selling at these points. but im really hesitant to scalp the current price. it just doesn't seem right. be careful from now on scalpers
  • #73,115
  • Apr 14, 2008 5:23am Apr 14, 2008 5:23am
Quoting lilmoe
trendlines trendlines trendlines. the price range GJ was playing about today and friday lastweek was just FULL of resistance and support points.the price just stalled at daily pivot. hey i'm not angry i've been making money all day just buy and selling at these points. but im really hesitant to scalp the current price. it just doesn't seem right. be careful from now on scalpers


if the price stays there untill the end of this hour, we might have a realy nice 5sma retracement on the h1 chart, a good 35-50pip scalp
  • #73,116
  • Apr 14, 2008 5:35am Apr 14, 2008 5:35am
Quoting lilmoe
if the price stays there untill the end of this hour, we might have a realy nice 5sma retracement on the h1 chart, a good 35-50pip scalp
DEAR , you mean short
  • #73,117
  • Apr 14, 2008 5:37am Apr 14, 2008 5:37am
Karmo is selling rallies all the way up to 200.50 area
Trade what you see, not what you think.
  • #73,118
  • Apr 14, 2008 5:40am Apr 14, 2008 5:40am
bull for gj..........
  • #73,119
  • Apr 14, 2008 5:43am Apr 14, 2008 5:43am
Quoting karmostaji
Karmo is selling rallies all the way up to 200.50 area
hala , i don't understand what you mean?
  • #73,120
  • Apr 14, 2008 5:44am Apr 14, 2008 5:44am
Quoting khaled22
hala , i don't understand what you mean?
Buy a dictionary
Trade what you see, not what you think.
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