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

  • #78,141
  • May 4, 2008 10:17pm May 4, 2008 10:17pm
anyone going to be trading tonight? or too risky?
  • #78,142
  • May 4, 2008 10:18pm May 4, 2008 10:18pm
i'm try my luck went short at 105.23,
soon i think it's drop down 100-200pips hopefully
  • #78,143
  • May 4, 2008 10:35pm May 4, 2008 10:35pm
Quoting Ultraman
i'm try my luck went short at 105.23,
soon i think it's drop down 100-200pips hopefully
uj still in very strong upward trending channel .

It could break higher this week still as there is a bullish moving average staCK on the 4 hour and 8 hour charts (10 over 20 over 50 smA)

Shorting this at this level is trying to catch a top , better risk management at this point to go long on the pull backs , unless we break 103 in which case the usdjpy trend is broken
Blogging daily now at www.volume.zone
  • #78,144
  • May 4, 2008 10:42pm May 4, 2008 10:42pm
Quoting malcolmb14
uj still in very strong upward trending channel .

It could break higher this week still as there is a bullish moving average staCK on the 4 hour and 8 hour charts (10 over 20 over 50 smA)

Shorting this at this level is trying to catch a top , better risk management at this point to go long on the pull backs , unless we break 103 in which case the usdjpy trend is broken
i'm holding the short at the target is at fibs 61.8 - 104.38
  • #78,145
  • May 4, 2008 10:43pm May 4, 2008 10:43pm
Quoting malcolmb14
uj still in very strong upward trending channel .

It could break higher this week still as there is a bullish moving average staCK on the 4 hour and 8 hour charts (10 over 20 over 50 smA)

Shorting this at this level is trying to catch a top , better risk management at this point to go long on the pull backs , unless we break 103 in which case the usdjpy trend is broken
104.60 at most would be a pullback but I don't see that happening, plus Asian stocks are bullish in the session.
Patience + Humility + Study = Success
  • #78,146
  • May 4, 2008 10:51pm May 4, 2008 10:51pm
Quoting DutchTrader
104.60 at most would be a pullback but I don't see that happening, plus Asian stocks are bullish in the session.
ahakz, USDJPY very slow like turtle that's why it's take time to move down
  • #78,147
  • May 4, 2008 11:04pm May 4, 2008 11:04pm
GBP/JPY on Weekly 20 SMA, tonight should be exciting.
  • #78,148
  • May 4, 2008 11:40pm May 4, 2008 11:40pm
Quoting Clouds
GBP/JPY on Weekly 20 SMA, tonight should be exciting.


Holidays:

 1. United Kingdom-----May Day Bank Holiday-----05 May 2008
2. Japan-----Children’s Day-----05 May 2008


Upcoming Holidays:


1. Canada-----Victoria Day-----19 May 2008
2. United Kingdom-----Spring Bank Holiday-----26 May 2008
3. USA-----Memorial Day-----26 May 2008
  • #78,149
  • May 4, 2008 11:42pm May 4, 2008 11:42pm
Quoting sonicdeejay
Holidays:

 1. United Kingdom-----May Day Bank Holiday-----05 May 2008
2. Japan-----Children’s Day-----05 May 2008


Upcoming Holidays:


1. Canada-----Victoria Day-----19 May 2008
2. United Kingdom-----Spring Bank Holiday-----26 May 2008
3. USA-----Memorial Day-----26 May 2008
Just London is on Holiday. Germany, Italy, France, Switzerland, are all open for business.
  • #78,150
  • May 5, 2008 2:40am May 5, 2008 2:40am
Attached Image
  • #78,151
  • May 5, 2008 2:41am May 5, 2008 2:41am
Quoting Clouds
Just London is on Holiday. Germany, Italy, France, Switzerland, are all open for business.
Actually tomorrow is another Japan holiday.

http://www.forexfactory.com/images/m...ct_holiday.gifHoliday: Greenery Day Observed
Expected the unexpected
  • #78,152
  • May 5, 2008 2:47am May 5, 2008 2:47am
new weekly candle and momentoms


ps:it seems bullish.....but first price must break 209 area strongly.....i placed a buy stop at 209.50 sl:207 tp:213.50
Attached Image (click to enlarge)
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  • #78,153
  • May 5, 2008 2:49am May 5, 2008 2:49am
Quoting warta
Attachment
I like the door on the left.
Indicators show the past. Price Action "Indicates" the future.
  • #78,154
  • May 5, 2008 2:58am May 5, 2008 2:58am
Quoting jarroo
I like the door on the left.
Same here, choose left! choose left!
  • #78,155
  • May 5, 2008 2:59am May 5, 2008 2:59am
Quoting jarroo
I like the door on the left.
hahah yeah bro we are waiting the green light to be on to join left
  • #78,156
  • May 5, 2008 3:00am May 5, 2008 3:00am
I'm newbie .... buy 207.95 now I already set SL by BEP ... I let it go up .... I hope it can cross my TP 209.40 ....

trade well .....
  • #78,157
  • May 5, 2008 3:02am May 5, 2008 3:02am
Quoting jarroo
I like the door on the left.
me too but if we dont break 209 i'm going to short..
  • #78,158
  • May 5, 2008 3:10am May 5, 2008 3:10am
Quoting dogol
I'm newbie .... buy 207.95 now I already set SL by BEP ... I let it go up .... I hope it can cross my TP 209.40 ....

trade well .....
newbie?
ahakz, maybe short i will go
  • #78,159
  • May 5, 2008 3:18am May 5, 2008 3:18am
Quoting Jerry
me too but if we dont break 209 i'm going to short..

jerry i dont understand, why are you alway going short, i dont understand
  • #78,160
  • May 5, 2008 3:21am May 5, 2008 3:21am
Quoting ephisi
jerry i dont understand, why are you alway going short, i dont understand
I was wondering too
Trade what you see, not what you think.
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