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

  • #80,381
  • May 13, 2008 1:46am May 13, 2008 1:46am
shorts probably still good. I think downtrend will return. Looks like just a news spike. Later fella's
  • #80,382
  • May 13, 2008 1:46am May 13, 2008 1:46am
Quoting ephisi
My shots still open. either hit my SL o my TP
Same here.
The shorts will be fine.
Tiny news spike and she'll keep dropping.

She was at the 4H Gann before the news run up.

She'll turn south here me's thinks.
I'm short from upper 202's for a few postions, so I'm good.

I'm supprised at how much my GC went UP against me though.
But, I added another position at the top and she's falling now......
MORE profits..... ;-)
  • #80,383
  • May 13, 2008 1:46am May 13, 2008 1:46am
waiting qqe to cross up again at H1
  • #80,384
  • May 13, 2008 1:48am May 13, 2008 1:48am
thinking it wis going to test yesterdays low..then we may see a rally for the week
Fear's for the other guy
  • #80,385
  • May 13, 2008 1:49am May 13, 2008 1:49am
I think GBP and EUR are going down. Jacko said that we will see 1.5200 on the Euro again soon.
  • #80,386
  • May 13, 2008 1:49am May 13, 2008 1:49am
Here comes the drop. I have a falling star on 30 and it looks down
  • #80,387
  • May 13, 2008 1:50am May 13, 2008 1:50am
Quoting kujo17
Same here.
The shorts will be fine.
Tiny news spike and she'll keep dropping.

She was at the 4H Gann before the news run up.

She'll turn south here me's thinks.
I'm short from upper 202's for a few postions, so I'm good.

I'm supprised at how much my GC went UP against me though.
But, I added another position at the top and she's falling now......
MORE profits..... ;-)

pice is news news is price
  • #80,388
  • May 13, 2008 1:52am May 13, 2008 1:52am
Quoting mrhurley1
thinking it wis going to test yesterdays low..then we may see a rally for the week

not so fast, this might head to yesterday's low
  • #80,389
  • May 13, 2008 1:55am May 13, 2008 1:55am
Looking for the DAX to close the gap and turn up
Attached Image(s) (click to enlarge)
Click to Enlarge Name: may1208a.jpg Size: 144 KB
Click to Enlarge Name: gj 1hr 051208a.gif Size: 48 KB
Click to Enlarge Name: gj 5m 051208a.jpg Size: 132 KB
Energy and persistence conquer all things! Ben Franklin
  • #80,390
  • May 13, 2008 1:55am May 13, 2008 1:55am
good girl
  • #80,391
  • May 13, 2008 1:56am May 13, 2008 1:56am
Quoting cruze2005
Here comes the drop. I have a falling star on 30 and it looks down
Yup.
GC 4H below Gann
ZL MACD about to cross down.

GJ boucned at 4H Gann with news.
4H ZLM about to turn south

UJ in the same boat.

added 2 more positions at the top of the news spike on the GC and GJ.

Just let them fall now.

201.33 would be initial TP, bottom of 4H wedge.
A break there and we'll see 200.25 next.

2.0290 would be first TP for GC
A break of that and we're testing 1.9790 area again !

Looking for 101 area on the UJ

Now, I'm no longer scalping, so I'm a more long term trader these days, so I don't mean today/tomorrow on my projections here.
  • #80,392
  • May 13, 2008 1:57am May 13, 2008 1:57am
otherwise yesterday's low would be a respectible target. Near the S1
Energy and persistence conquer all things! Ben Franklin
  • #80,393
  • May 13, 2008 1:59am May 13, 2008 1:59am
where is jaroo, i love you jim, cos you tot me that price is news news is price
GJ is a baby beast to me, slap it any how you wan to
Attached Image
  • #80,394
  • May 13, 2008 2:01am May 13, 2008 2:01am
UJ 103.4 is tough support, and it seems stuck between 40-60. Hope .4 breaks.
  • #80,395
  • May 13, 2008 2:02am May 13, 2008 2:02am
i'm adding more shorts at h1 5sma, 202.26 area.
  • #80,396
  • May 13, 2008 2:03am May 13, 2008 2:03am
Quoting Clouds
UJ 103.4 is tough support, and it seems stuck between 40-60. Hope .4 breaks.

UJ's went back to 4h 5sma, and now heading back down.
  • #80,397
  • May 13, 2008 2:04am May 13, 2008 2:04am
Quoting lilmoe
UJ's went back to 4h 5sma, and now heading back down.

i'm locking profit at 78.6 fib from the last upmove at 209.9x area
  • #80,398
  • May 13, 2008 2:06am May 13, 2008 2:06am
lets hope 4h candle closes below 4h gann, if it does 200pips is on d cards.

UJ is being naughty, i have made this quote in d past, when GU stops dagging GJ down with it GU stalls , then UJ takes ove dags it down 4 while then stalls and it continues that way so GJ keeps making lowe lows
  • #80,399
  • May 13, 2008 2:08am May 13, 2008 2:08am
Quoting lilmoe
i'm locking profit at 78.6 fib from the last upmove at 209.9x area

ooooooooops 200.9x area lol
  • #80,400
  • May 13, 2008 2:09am May 13, 2008 2:09am
Quoting forexfixer
I think GBP and EUR are going down. Jacko said that we will see 1.5200 on the Euro again soon.
1.9400 on the GBp/Usd. Will take it out within 12 hours.
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