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

  • #74,581
  • Apr 22, 2008 11:34am Apr 22, 2008 11:34am
Quoting DutchTrader
204.94/205.20 was tough support last time. Let's see how it plays out.
first one cleared
  • #74,582
  • Apr 22, 2008 11:35am Apr 22, 2008 11:35am
Quoting Alysia
Cable may very well go down tomorrow, based on the GBP MPC Meeting Minutes. See here for previous market reaction to the minutes release:
http://www.forexnewspatterns.com/gbp_mpc.html

yeah i just got a short signal... for some reason I keep hearing Johnny cash singing burning ring of fire.
  • #74,583
  • Apr 22, 2008 11:35am Apr 22, 2008 11:35am
Quoting DutchTrader
Along with UJ and the Dow. 204.30 is imminent imvho


  • #74,584
  • Apr 22, 2008 11:37am Apr 22, 2008 11:37am
Quoting Scrat
indeed it is, but i don't think it would sink that low. more likely 201.50 area.
but for now, 204.30...
How do you know that my friend. This is the beast ... anything is possible.
Who knew this bull will reach 209 when it started at 198. I think bears are still powerful. BTW the H4 channel suggests that price should fall down to lower TL to start another bull run and 200.50 is where this trend line rests.

I personally think that even if this major fall from 251 is over, touching 194 or at least a little bit higher (around 195.30) again is still possible.

Edit : I expect 202.80 for now.
Discipline + Patience - Fear - Greed = Success
  • #74,585
  • Apr 22, 2008 11:37am Apr 22, 2008 11:37am
Quoting lilmoe
Hey I ain't no expert, just got my bermudas on looking for pips. All I know is that PA is showing me the way right now, and it's down.
Patience + Humility + Study = Success
  • #74,586
  • Apr 22, 2008 11:40am Apr 22, 2008 11:40am
http://images.honewatson.com/baby-ph...sley-short.jpg
Patience + Humility + Study = Success
  • #74,587
  • Apr 22, 2008 11:42am Apr 22, 2008 11:42am
204.94's no pushover.
Patience + Humility + Study = Success
  • #74,588
  • Apr 22, 2008 11:43am Apr 22, 2008 11:43am
Quoting DutchTrader
Hey I ain't no expert, just got my bermudas on looking for pips.

Attached Image
  • #74,589
  • Apr 22, 2008 11:44am Apr 22, 2008 11:44am
Quoting DutchTrader
204.94's no pushover.


it's the pesky h1 50ema
  • #74,590
  • Apr 22, 2008 11:45am Apr 22, 2008 11:45am
Quoting lilmoe
it's the pesky h1 50ema
I've got a fibo level there as well. I usually go nekkid on my charts.
Patience + Humility + Study = Success
  • #74,591
  • Apr 22, 2008 11:49am Apr 22, 2008 11:49am
Quoting DutchTrader
Hey I ain't no expert, just got my bermudas on looking for pips. All I know is that PA is showing me the way right now, and it's down.
The demand for the pair is ar'd 202.90 area later, later 2day. . .
  • #74,592
  • Apr 22, 2008 11:50am Apr 22, 2008 11:50am
Quoting quecee5
The demand for the pair is ar'd 202.90 area later, later 2day. . .
Q,

I had to take this short man, I had to Good to see you bro. See you later.
Patience + Humility + Study = Success
  • #74,593
  • Apr 22, 2008 11:50am Apr 22, 2008 11:50am
Quoting DutchTrader
http://images.honewatson.com/baby-ph...sley-short.jpg
  • #74,594
  • Apr 22, 2008 11:58am Apr 22, 2008 11:58am
Does roll over have much affect on this pair at New York close, or just on Wednesday, for triple interest. Also is there a London rollover at their close, and does it have much affect?
  • #74,595
  • Apr 22, 2008 11:59am Apr 22, 2008 11:59am
Quoting quecee5
Hmmn, what i call a perfect pippy package

Good job guys, on d earlier longs, who says GJ d beast cannot be tamed.

Sharoodi, are u still long.

Also looking to short d same way i longes earlier today, like karmo says.

1hr candle close bellow gann and qqe crosdown,
1hr candle close below d pesky 1hr 50ema
  • #74,596
  • Apr 22, 2008 12:05pm Apr 22, 2008 12:05pm
Quoting DutchTrader
I've got a fibo level there as well. I usually go nekkid on my charts.

failed to close below 38.2 fibo from last bullish movement

sorry pal, had to close my shorts!!!

might re-enter after further confirmation
Attached Image
  • #74,597
  • Apr 22, 2008 12:07pm Apr 22, 2008 12:07pm
if UJ continues to hold like dis, im afraid we we just be resuming longs
  • #74,598
  • Apr 22, 2008 12:13pm Apr 22, 2008 12:13pm
I'm letting the DJIA guide me on this one, with tight stops
Patience + Humility + Study = Success
  • #74,599
  • Apr 22, 2008 12:16pm Apr 22, 2008 12:16pm
GBP/CAD looks tempting for a long on 30 min chart.
  • #74,600
  • Apr 22, 2008 12:17pm Apr 22, 2008 12:17pm
Quoting lilmoe
failed to close below 38.2 fibo from last bullish movement

sorry pal, had to close my shorts!!!

might re-enter after further confirmation

also that!

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