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

  • #78,841
  • May 7, 2008 5:42am May 7, 2008 5:42am
This is what I think.

This is the bottom. Tripple bottom on 4hr (1st, 6 and 7th May). Tripple bottom on 1hr (0800, 1300 yesterday, 0800 this morning BST). Daily trendline holding. U/J bullish also. Confidence returning to the crosses. G/J only hanging at this level until G/U retraces during NY session. Major buyers have already bought, more and more buyers being accumulated at each 205.60/95 touch.

Come on then....shoot me down
  • #78,842
  • May 7, 2008 5:43am May 7, 2008 5:43am
OK, found this link I was tryin to remember where it was. Basically, it says the gummint is cutting or shrinking the funds and people and whatnot that produce the economic indicators we all hold near and dear...

I forgot. I was goin to bed. Goodnite.

http://blogs.wsj.com/economics/2008/...s/?mod=WSJBlog
FUBAR...
  • #78,843
  • May 7, 2008 5:43am May 7, 2008 5:43am
i'm looking for 204/203.50
Attached Image (click to enlarge)
Click to Enlarge Name: gjweek.jpg Size: 128 KB
  • #78,844
  • May 7, 2008 5:44am May 7, 2008 5:44am
if this day closes below 206, i would say by by for GJ. no more bulls for the rest of the week
  • #78,845
  • May 7, 2008 5:47am May 7, 2008 5:47am
I may not be correct.. just my thoughts..

Wave A seems to be closed @ 209.02..thus wave B should go down abt one third of wave A i.e, @202-203

who knows wht's the hell is happening
  • #78,846
  • May 7, 2008 6:08am May 7, 2008 6:08am
Trying to upload my chart...just says "please wait...uploading attachment" on the manage attachments window, then stays like that for minutes with nothing happening...checked my firewall but don't think that's the problem...Is there a limit to how many charts you can post in a week on this forum?? Maybe that's it??? Help me please!
  • #78,847
  • May 7, 2008 6:25am May 7, 2008 6:25am
Quoting shakesfx
Trying to upload my chart...just says "please wait...uploading attachment" on the manage attachments window, then stays like that for minutes with nothing happening...checked my firewall but don't think that's the problem...Is there a limit to how many charts you can post in a week on this forum?? Maybe that's it??? Help me please!
if that's the case,i should be banned for the many times i've posted my crapper this month...
  • #78,848
  • May 7, 2008 6:32am May 7, 2008 6:32am
Quoting lilmoe
if that's the case,i should be banned for the many times i've posted my crapper this month...

That's a point...can't be the amount of charts LOL...I'll recheck this firewall then...
  • #78,849
  • May 7, 2008 6:39am May 7, 2008 6:39am
Quoting shakesfx
That's a point...can't be the amount of charts LOL...I'll recheck this firewall then...
the problem is surely with your firewall ( check ports in firewall settings )
  • #78,850
  • May 7, 2008 6:47am May 7, 2008 6:47am
If next coming news good for USD...GU will come down and it will bring GJ together ... 203
  • #78,851
  • May 7, 2008 6:51am May 7, 2008 6:51am
Quoting lilmoe
if that's the case,i should be banned for the many times i've posted my crapper this month...
Hahahahaha!...
  • #78,852
  • May 7, 2008 6:53am May 7, 2008 6:53am
Quoting Srikanth
the problem is surely with your firewall ( check ports in firewall settings )

Thanks
  • #78,853
  • May 7, 2008 6:59am May 7, 2008 6:59am
http://www.worth1000.com/entries/237500/237987WCFB.jpg
Patience + Humility + Study = Success
  • #78,854
  • May 7, 2008 7:08am May 7, 2008 7:08am
Quoting DutchTrader
http://www.worth1000.com/entries/237500/237987WCFB.jpg
It looks like a submarine to me....http://www.forexfactory.com/images/icons/icon10.gif

Edit: LOL or a Stealth Boat
Trading Levels with WRBs
  • #78,855
  • May 7, 2008 7:12am May 7, 2008 7:12am
Morning all ..
Oopsss .. Bulls were grilled last nite
j/k
  • #78,856
  • May 7, 2008 7:30am May 7, 2008 7:30am
Quoting mktjong
Morning all ..
Oopsss .. Bulls were grilled last nite
j/k
lol It looks that way, but the day isn't over yet! My stops right below the pin weren't hit and I'm looking for the news to be the driver for this thing back upwards possibly. If not, then I have a loss and I move on- although it wasn't a full loss as usd/jpy is doing great at the moment. That's giving me a heads up that gbp/jpy- although weak for today- may follow suit very soon.
I dream, therefore I become.
  • #78,857
  • May 7, 2008 7:34am May 7, 2008 7:34am
We've just had the third failure to break 205.50/80 today...maybe the bears will get the message soon?
  • #78,858
  • May 7, 2008 7:35am May 7, 2008 7:35am
Quoting mike w
lol It looks that way, but the day isn't over yet! My stops right below the pin weren't hit and I'm looking for the news to be the driver for this thing back upwards possibly. If not, then I have a loss and I move on- although it wasn't a full loss as usd/jpy is doing great at the moment. That's giving me a heads up that gbp/jpy- although weak for today- may follow suit very soon.
The rebound is a' comin I think. The news did drive it up a bit, now let's see if it's temporary or if it holds up. I personally think the latter but only time can tell at this point. BTW, Good morning everyone!
I dream, therefore I become.
  • #78,859
  • May 7, 2008 7:38am May 7, 2008 7:38am
Quoting mike w
lol It looks that way, but the day isn't over yet! My stops right below the pin weren't hit and I'm looking for the news to be the driver for this thing back upwards possibly. If not, then I have a loss and I move on- although it wasn't a full loss as usd/jpy is doing great at the moment. That's giving me a heads up that gbp/jpy- although weak for today- may follow suit very soon.
It looks like it will follow the UJ soon. The news out is good
I also went long yesterday but I hedged it last nite before bed time. Just released the hedge moments ago hoping the news will push it up too ..let's cross our fingers..hehee
  • #78,860
  • May 7, 2008 7:41am May 7, 2008 7:41am
Quoting mktjong
It looks like it will follow the UJ soon. The news out is good
I also went long yesterday but I hedged it last nite before bed time. Just released the hedge moments ago hoping the news will push it up too ..let's cross our fingers..hehee
Nice play on that! I hadn't even thought to do that even with convictions that we would be at lower 206's again this morning. Moves like that are what separates the boys from the men.
I dream, therefore I become.
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