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

  • #80,641
  • May 13, 2008 1:32pm May 13, 2008 1:32pm
LILMOE... you shorting the GJ? on the 15 min we hit extremely strong resistance! Now is the time to pull the trigger!
  • #80,642
  • May 13, 2008 1:33pm May 13, 2008 1:33pm
Quoting arezab
What is NAIJA ephisi ?
LOL, only people fom nigeria would undestand. Its a slang for Nigeria. Got nothing to do with forex.

IMO if we dont get a drop to 4h 5sma, we will move sideways until 4hr 5sma comes up too thes levels.

Im done for d day, i hate tradeing close to Asia
  • #80,643
  • May 13, 2008 1:36pm May 13, 2008 1:36pm
Quoting forexmoments
Not too sure about that, have to wait and see.
even if DOW rallies it would be a small rally, expect d asians to react to US news negaviely selling UJ for a while, then London boys take it back up
  • #80,644
  • May 13, 2008 1:38pm May 13, 2008 1:38pm
Quoting ephisi
LOL, only people fom nigeria would undestand. Its a slang for Nigeria. Got nothing to do with forex.

IMO if we dont get a drop to 4h 5sma, we will move sideways until 4hr 5sma comes up too thes levels.

Im done for d day, i hate tradeing close to Asia
Discipline + Patience - Fear - Greed = Success
  • #80,645
  • May 13, 2008 1:42pm May 13, 2008 1:42pm
i've been short bro

but this is taking too darn long. most of my indicators are showing either double tops or lower highs. in other words, LOTS OF BEARISH DIVERGENCE.
even if this went up 50 more pips, it's fate is to fall to the crapper. i don't think today's move down before the rally is enough to break a TL that stood still for more than a month and a half now.

just my opinion. i have been wrong before.

Quoting EnterpriseFX
LILMOE... you shorting the GJ? on the 15 min we hit extremely strong resistance! Now is the time to pull the trigger!
  • #80,646
  • May 13, 2008 1:56pm May 13, 2008 1:56pm
Quoting Jerry
bububu iam there long from 203.02 target 205.50
good luck all as bulls as bears!!
closed @ 203.94 +92
dont think that we ll break 204 today, my target for tomorrow 205.50
  • #80,647
  • May 13, 2008 1:59pm May 13, 2008 1:59pm
Quoting Jerry
closed @ 203.94 +92
dont think that we ll break 204 today, my target for tomorrow 205.50
I gonna agree , even though Dow is making a slight come back now.
  • #80,648
  • May 13, 2008 2:00pm May 13, 2008 2:00pm
DOW approcahing good resistence in the form of 12850
  • #80,649
  • May 13, 2008 2:06pm May 13, 2008 2:06pm
Quoting Clouds
I gonna agree , even though Dow is making a slight come back now.
for my it looks that we ll now
no patience @ me today
  • #80,650
  • May 13, 2008 2:10pm May 13, 2008 2:10pm
Quoting karmostaji
Things are looking good for long, SL already in profit

Baldy is speaking now, retail news in 10 mins

Technically the pair should go up, and a candle above 1h gann confirms it
I warned you nice people but some like to get married to their trades I guess lol

Follow the chart!

sorry lilmoe but I'm going to strip you of everything you have again
Trade what you see, not what you think.
  • #80,651
  • May 13, 2008 2:12pm May 13, 2008 2:12pm
Quoting karmostaji
I warned you nice people but some like to get married to their trades I guess lol

Follow the chart!

sorry lilmoe but I'm going to strip you of everything you have again
lol, i wouldn't call it again, i'm still in profit for the day, i'm -30 pips. i wouldn't call that getting married to a position... sl at 204.55
  • #80,652
  • May 13, 2008 2:14pm May 13, 2008 2:14pm
Quoting lilmoe
lol, i wouldn't call it again, i'm still in profit for the day, i'm -30 pips. i wouldn't call that getting married to a position... sl at 204.55
lol 7abeeby inta

once we hit 50% and daily 50ema which should be resistance (check daily chart), we'll be moving down to the next target of 190's
Trade what you see, not what you think.
  • #80,653
  • May 13, 2008 2:14pm May 13, 2008 2:14pm
It's 204.12 is that mean we r in up trend or what, i LOST...
Don't know go long or short!! Maybe both LOL
  • #80,654
  • May 13, 2008 2:14pm May 13, 2008 2:14pm
See .. I told ya .. told ya .. Dow is pulling up in the last hours ..
Geppy is testing the 4 hr 200 ema. Break it or make it sort of ..
If it passes the test .. here u go 207.xx ..
Otherwise will jump on lilmoe's toilet boat again ..
  • #80,655
  • May 13, 2008 2:14pm May 13, 2008 2:14pm
Quoting lilmoe
lol, i wouldn't call it again, i'm still in profit for the day, i'm -30 pips. i wouldn't call that getting married to a position... sl at 204.55

i case there's a detective behind my a$$, i closed the position had at .60 at B/E just to minimize risk.
  • #80,656
  • May 13, 2008 2:15pm May 13, 2008 2:15pm
Quoting karmostaji
I warned you nice people but some like to get married to their trades I guess lol

Follow the chart!

sorry lilmoe but I'm going to strip you of everything you have again
@ me no patience today
  • #80,657
  • May 13, 2008 2:21pm May 13, 2008 2:21pm
106.53 is the fibo level that UJ might test, from the move down from 124 to 96. That will be ultimate resistance for the move down to hell.
Patience + Humility + Study = Success
  • #80,658
  • May 13, 2008 2:27pm May 13, 2008 2:27pm
Quoting vinesh2
We are looking at a DOW rally towards the end of the day if the candles keep opening above 200EMA on the DOW chart IMO
bulls have a lot of bad new to digest
  • #80,659
  • May 13, 2008 2:28pm May 13, 2008 2:28pm
Quoting DutchTrader
106.53 is the fibo level that UJ might test, from the move down from 124 to 96. That will be ultimate resistance for the move down to hell.
It's not going lower, I believe. UJ was `104 in 1995, and 102 in 2000, 132 in 2002, and 127 in 2007. We are at the lows in 2008. There isn't room to go lower. Would you sell UJ now, if you knew you had to cash out in 3 months?
  • #80,660
  • May 13, 2008 2:31pm May 13, 2008 2:31pm
Quoting Clouds
It's not going lower, I believe. UJ was `104 in 1995, and 102 in 2000, 132 in 2002, and 127 in 2007. We are at the lows in 2008. There isn't room to go lower. Would you sell UJ now, if you knew you had to cash out in 3 months?
You might want to double check those figures.

UJ was 80 in 95, 101 in 99, 119 in 2002 As for a 3 month play, probably not. Here's an interesting tidbit:

Bloomberg news reports that Moody's has greater concerns regarding MBIA and Ambac capitalization levels. Further MBIA and Ambac losses have elevated the AAA rating concerns for Moody's. Moody's said that worsening 2nd lien RMBS could impact financial guarantor ratings if they prove to be "material".
Patience + Humility + Study = Success
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