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

  • #83,801
  • May 22, 2008 11:18pm May 22, 2008 11:18pm
Quoting PandoraBox
Markam, nice target 175. However what is the reason GJ should come down to 175?
Cable @ 1.75 X UJ @ 100 = GJ @ 175

A very reasonable target, IMHO.
Period : 26 Months Account Balance : +264% Max DD : 14.2%
  • #83,802
  • May 22, 2008 11:26pm May 22, 2008 11:26pm
My friday's prediction is GU down 100 pips, and GJ up 100 pips, give or take a pip
  • #83,803
  • May 23, 2008 12:02am May 23, 2008 12:02am
Quoting packetguy
Cable @ 1.75 X UJ @ 100 = GJ @ 175

A very reasonable target, IMHO.
i'm seeing UJ has some suport @ 90 then god knows what happends in USA when UJ reaches 80
  • #83,804
  • May 23, 2008 12:06am May 23, 2008 12:06am
Quoting WarrenBuffet
he's gonna hold his shorts till 252.00
I'd be doing more IN my shorts than holding them..
  • #83,805
  • May 23, 2008 12:07am May 23, 2008 12:07am
Quoting Srikanth
i'm seeing UJ has some suport @ 90 then god knows what happends in USA when UJ reaches 80
It has been down as low as 79.75 (April 1995). Could be a 13 year double bottom before a big runup. LOL! Loooooonggggg Term trading there.
  • #83,806
  • May 23, 2008 12:12am May 23, 2008 12:12am
Quoting magnumfreak
It has been down as low as 79.75 (April 1995). Could be a 13 year double bottom before a big runup. LOL! Loooooonggggg Term trading there.
yep..for that long term trading i'll prepare lots in short term with shorts @ peak level
  • #83,807
  • May 23, 2008 12:14am May 23, 2008 12:14am
anybody know what happened in USA when UJ reached 79.75 in 1995? i was not trading fx at that time (i'm a kid studying 8th standard @ that time)
  • #83,808
  • May 23, 2008 12:16am May 23, 2008 12:16am
Quoting Srikanth
anybody know what happened in USA when UJ reached 79.75 in 1995? i was not trading fx at that time (i'm a kind studying 8th standard @ that time)
There was a recession.
  • #83,809
  • May 23, 2008 12:19am May 23, 2008 12:19am
Quoting Srikanth
anybody know what happened in USA when UJ reached 79.75 in 1995? i was not trading fx at that time (i'm a kid studying 8th standard @ that time)
Looking at the other yen pairs that traded that far back it seems to have been a common drop indicating Yen strengthening beginning around 1980. hmmmm. Japanese tech and car boom??
  • #83,810
  • May 23, 2008 12:27am May 23, 2008 12:27am
Quoting magnumfreak
Looking at the other yen pairs that traded that far back it seems to have been a common drop indicating Yen strengthening beginning around 1980. hmmmm. Japanese tech and car boom??
Short-term factors supporting the yen, such as the repatriation of capital by Japanese companies to pad accounts for the fiscal year ending March 31, 1995 will soon expire.
http://www.iht.com/articles/1995/03/08/yen_0.php
  • #83,811
  • May 23, 2008 1:28am May 23, 2008 1:28am
ya allah
hi traders
  • #83,812
  • May 23, 2008 1:29am May 23, 2008 1:29am
Quoting hussin naiji
ya allah
hi traders
Hi, all CHF crossed out, how are you
  • #83,813
  • May 23, 2008 2:03am May 23, 2008 2:03am
Quoting Que
Anyone else see IBFX live server frozen?
The reason I dumped them.... happened FAR too often and for way too long....... aweful broker.
  • #83,814
  • May 23, 2008 2:09am May 23, 2008 2:09am
well, there ends my friday trading. closed the remaining shorts on that downward spike 5 minutes before london open.

only euro short left which i may close at 1.5650 or just before german numbers come out.
  • #83,815
  • May 23, 2008 2:16am May 23, 2008 2:16am
kujo, what do you think about GJ today?
  • #83,816
  • May 23, 2008 2:31am May 23, 2008 2:31am
gj and uj now being supported by 23.6 retracement.
gu being supported by 50.0 retracement.
  • #83,817
  • May 23, 2008 2:36am May 23, 2008 2:36am
morning all,

38.2 fib retracement is due, i'm locking some of my profit there.
  • #83,818
  • May 23, 2008 2:36am May 23, 2008 2:36am
ibfx =

FUBAR...
  • #83,819
  • May 23, 2008 2:39am May 23, 2008 2:39am
Quoting ephisi
iam long GJ from 206, TP 207,208 SL 205
Ephisi, could you say why would you go long here? Zerolag MACD under zero line, 1HR QQE is under crossed down, price under gann, and a retracement is due I think.
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  • #83,820
  • May 23, 2008 2:44am May 23, 2008 2:44am
gu and uj moving in opposite directions, gbp/aud im short
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