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

  • #81,281
  • May 15, 2008 2:28am May 15, 2008 2:28am
BOE warns on soaring inflation in UK!
what will be the effects on POUND?
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  • #81,282
  • May 15, 2008 2:48am May 15, 2008 2:48am
Quoting Que
I am SOOOO glad I did not close this at 45 pips. Back and forth a hundred times.

TO bad my GU lond is just stagnant...

second TP hit. life is good


good morning all
  • #81,283
  • May 15, 2008 2:49am May 15, 2008 2:49am
by the way, when GU is short term bullish or bearish and it retraces to the daily pivot, u can go ahead and add another short/long accordingly.

Quoting Que
I am SOOOO glad I did not close this at 45 pips. Back and forth a hundred times.

TO bad my GU lond is just stagnant...
  • #81,284
  • May 15, 2008 2:51am May 15, 2008 2:51am
Quoting lilmoe
second TP hit. life is good


good morning all
good morning lilmoe,

tp afteer tp hit...man, you must earn good money.
so it's time for some free coffee, or?
  • #81,285
  • May 15, 2008 2:53am May 15, 2008 2:53am
Quoting Dr.Geppynius
good morning lilmoe,

tp afteer tp hit...man, you must earn good money.
so it's time for some free coffee, or?

yea, having my coffee right now i'm still dizzy, really tired, but liking it
i hope u guys did good on ur cable longs.

i won't be trading GJ (scalping though) unless i see a clear direction. right now it's in ping pong mode.
  • #81,286
  • May 15, 2008 2:59am May 15, 2008 2:59am
Quoting lilmoe
yea, having my coffee right now i'm still dizzy, really tired, but liking it
i hope u guys did good on ur cable longs.

i won't be trading GJ (scalping though) unless i see a clear direction. right now it's in ping pong mode.
Nice short - I closed mine before I went to bed and opened it again at the Frankfurt Open http://www.forexfactory.com/images/icons/icon7.gif

Loads of European data out this morning and then important US data this afternoon (Europewise) - so I'll stay in scalping mode too....
Trading Levels with WRBs
  • #81,287
  • May 15, 2008 3:12am May 15, 2008 3:12am
if cable retraces all the way to 1.9430-10 area i'll add a couple more longs.
  • #81,288
  • May 15, 2008 3:14am May 15, 2008 3:14am
Quoting lilmoe
if cable retraces all the way to 1.9430-10 area i'll add a couple more longs.

however, i will reconsider if i get an h1 candle to close below that level
  • #81,289
  • Edited 3:32am May 15, 2008 3:32am | Edited 3:32am
The one candle fib has become a two candle fractal trade now with the 38 lower fib being the target. I think she will range for a couple hours though. I'm short.
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  • #81,290
  • May 15, 2008 3:37am May 15, 2008 3:37am
Quoting Scotty B
The one candle fib has become a two candle fractal trade now with the 38 lower fib being the target. I think she will range for a couple hours though. I'm short.
yeah scotty...going into same direction too...
  • #81,291
  • May 15, 2008 3:51am May 15, 2008 3:51am
yeap guys. Im short too. TP 202

Quoting ffujifilm
yeah scotty...going into same direction too...
  • #81,292
  • May 15, 2008 4:00am May 15, 2008 4:00am
I'm an idiot...Just wandered onto my 4hr chart and found a big bull. He gored my short to death. Huge bull flag on 4hour. She's going to 206.20 and theres nothing scotty b can do about it.

Scotty B
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  • #81,293
  • May 15, 2008 4:09am May 15, 2008 4:09am
Quoting Scotty B
I'm an idiot...Just wandered onto my 4hr chart and found a big bull. He gored my short to death. Huge bull flag on 4hour. She's going to 206.20 and theres nothing scotty b can do about it.

Scotty B
my view still the same with a tight SL..retracement before another leg down.Hope that!
  • #81,294
  • May 15, 2008 4:24am May 15, 2008 4:24am
Quoting mktjong
Plain and simple analysis .. hope it would be useful for you and me ..
thanks mk.
  • #81,295
  • May 15, 2008 4:31am May 15, 2008 4:31am
Like I had said earlier,it looks like a 4hr. gan retracement and should go up,up,up. If price closes above Gan on hourly which has 30 min left it would confirm to me.
  • #81,296
  • May 15, 2008 4:46am May 15, 2008 4:46am
if this 4h candle closes above 204.80 shorts are in big trouble. upper TL of falling channel is at that point, plus a resistance that price couldn't close over for 36 hours strait. AND to make things even worse for shorts,i have a pinbar with along ass nose on the previous 4h candle. take care fellas, this is critical now. if that candle confirms bullish, this could go all the way to 205.47, and if that is breached say hello to 207 area
  • #81,297
  • May 15, 2008 5:24am May 15, 2008 5:24am
Quoting lilmoe
if this 4h candle closes above 204.80 shorts are in big trouble. upper TL of falling channel is at that point, plus a resistance that price couldn't close over for 36 hours strait. AND to make things even worse for shorts,i have a pinbar with along ass nose on the previous 4h candle. take care fellas, this is critical now. if that candle confirms bullish, this could go all the way to 205.47, and if that is breached say hello to 207 area

Lilmoe, the price is around 204.10 for now.. is the statement you wrote..still valid?
  • #81,298
  • May 15, 2008 5:37am May 15, 2008 5:37am
Quoting sifoorex
Lilmoe, the price is around 204.10 for now.. is the statement you wrote..still valid?

as long as we get a close above that area, yes
  • #81,299
  • May 15, 2008 5:40am May 15, 2008 5:40am
Quoting lilmoe
as long as we get a close above that area, yes
Are you in bermudas bro?
  • #81,300
  • May 15, 2008 5:45am May 15, 2008 5:45am
Quoting Piters
Are you in bermudas bro?
nope, scalping mode..
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