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

  • #83,881
  • May 23, 2008 6:08am May 23, 2008 6:08am
G/U is in a tight range, medium trend is down, and while 1.99/2.0 is never out the question, a retest of 1.935 is high probability
Money & Pain Respect the market, protect your capital, be patient
  • #83,882
  • May 23, 2008 6:09am May 23, 2008 6:09am
Quoting lilmoe
i use moms to spot retracements not for directional purposes.
204.7x on the other hand is also 50ema daily. it was tough resistance all week and should be tough support.

Cheers. I'm feeling more confident about this Long now that we bounced off the 204.73 fib. Strong resistance below should help our cause. I'll keep the SL below daily Gann and aim for 207/209 area. I'll leave this trade to run instead of babysitting it for a change as I've got red eye trying to rescue the Shorts from that rally LOL!

Happy trading everyone, better spend some time with the family before I get divorced!!
  • #83,883
  • May 23, 2008 6:10am May 23, 2008 6:10am
Quoting shakesfx
Cheers. I'm feeling more confident about this Long now that we bounced off the 204.73 fib. Strong resistance below should help our cause. I'll keep the SL below daily Gann and aim for 207/209 area. I'll leave this trade to run instead of babysitting it for a change as I've got red eye trying to rescue the Shorts from that rally LOL!

Happy trading everyone, better spend some time with the family before I get divorced!!
I think your safe until Tuesday dude
Money & Pain Respect the market, protect your capital, be patient
  • #83,884
  • May 23, 2008 6:15am May 23, 2008 6:15am
Quoting shakesfx
Cheers. I'm feeling more confident about this Long now that we bounced off the 204.73 fib. Strong resistance below should help our cause. I'll keep the SL below daily Gann and aim for 207/209 area. I'll leave this trade to run instead of babysitting it for a change as I've got red eye trying to rescue the Shorts from that rally LOL!

Happy trading everyone, better spend some time with the family before I get divorced!!
lol, i'm glad that red eye paid off. i'm also seeing a bullish hidden divergence on h1 and m30 TFs, BUT i'll keep the rest my shorts running to B/E (not a good idea to short from here).

on the contrary, i'm pretty positive we SHOULD see a 61.8% retraco at least to 204.17 area. who knows... i might be wrong. if we do get there i'll lock profit there and leave one last short running. i'll post accordingly what my SL would be at that time.
  • #83,885
  • May 23, 2008 6:16am May 23, 2008 6:16am
Quoting toyboy tramp
I think your safe until Tuesday dude

still in bermudas bro?
  • #83,886
  • May 23, 2008 6:19am May 23, 2008 6:19am
Absofurkinlutley!
Money & Pain Respect the market, protect your capital, be patient
  • #83,887
  • May 23, 2008 6:23am May 23, 2008 6:23am
would you rather say 200 by the end of this friday?
Quoting vinesh2
i don think we are seeing 209 guys. SP500 down almost 5 points and if the housing news comes out bad we aare going down
Nihil Sine Deo.
  • #83,888
  • May 23, 2008 6:23am May 23, 2008 6:23am
Quoting toyboy tramp
Absofurkinlutley!

  • #83,889
  • May 23, 2008 6:24am May 23, 2008 6:24am
Good morning All,

What a lovely day .. .. wish you all well.
  • #83,890
  • May 23, 2008 6:28am May 23, 2008 6:28am
Quoting mktjong
Good morning All,

What a lovely day .. .. wish you all well.
thanks good morning
The Chonchy
  • #83,891
  • May 23, 2008 6:29am May 23, 2008 6:29am
Quoting mktjong
Good morning All,

What a lovely day .. .. wish you all well.

hey there, lovely day indeed
  • #83,892
  • May 23, 2008 6:33am May 23, 2008 6:33am
Dow Futures are down 59 and Oil is UP $1.97, Gold @ $925, and the Dax and FTSE are down with the Futures now down 61.
Money & Pain Respect the market, protect your capital, be patient
  • #83,893
  • May 23, 2008 6:37am May 23, 2008 6:37am
Quoting lilmoe
hey there, lovely day indeed
From the last fews posts I've read, you've made tons of money bro .. leave some for all of us, will u?

  • #83,894
  • May 23, 2008 6:42am May 23, 2008 6:42am
Quoting mktjong
From the last fews posts I've read, you've made tons of money bro .. leave some for all of us, will u?


i'm sure u're doing way better

here's what i'm seeing and suggesting. a cute bearish flag. hopefully it will pay off. i closed my short from 206 and now i still have some open from 206.45.
if this breaks out upwards i'm not worried, because 207 will not be it's final destination, that's IF it does. but to me, there's more room to go down than there is to go up. i could be wrong.

Attached Image (click to enlarge)
Click to Enlarge Name: h4_bearish_flag.gif Size: 28 KB
  • #83,895
  • May 23, 2008 6:50am May 23, 2008 6:50am
Quoting lilmoe
i'm sure u're doing way better

here's what i'm seeing and suggesting. a cute bearish flag. hopefully it will pay off. i closed my short from 206 and now i still have some open from 206.45.
if this breaks out upwards i'm not worried, because 207 will not be it's final destination, that's IF it does. but to me, there's more room to go down than there is to go up. i could be wrong.

Attachment
It maybe trying to retrace to 4H 5 sma. I think that would be max for Geppy and would go down again from there. Of course I could be wrong too. I also closed my shorts moments ago. Will just sit back for a while and have my breakfast first
Thanks.
  • #83,896
  • May 23, 2008 7:49am May 23, 2008 7:49am
Quoting Piters
Bermuda @ 205.40 SL 206.40 TP 1 202.7, TP2 195, TP3 ...

Good luck
GM, G''day, Good evening to all

STOPPPPPED last night for 10pips.. Shorted again, and again, and again..
  • #83,897
  • May 23, 2008 7:52am May 23, 2008 7:52am
cleared first 50 pips on cable, man this sucker is so sweet
  • #83,898
  • May 23, 2008 7:53am May 23, 2008 7:53am
Quoting Piters
GM, G''day, Good evening to all

STOPPPPPED last night for 10pips.. Shorted again, and again, and again..
echo: and again..and again... and again.... and againn.. echo.... echo...

muhahahahaha
  • #83,899
  • May 23, 2008 7:54am May 23, 2008 7:54am
Quoting Piters
GM, G''day, Good evening to all

STOPPPPPED last night for 10pips.. Shorted again, and again, and again..

yesterday they gave us not only Bermuda but also Malta
I AM NOT AGAINST ANY RETARD. I AM JUST AGAINST ANY WRONG/LOSING TRADES.
  • #83,900
  • May 23, 2008 7:54am May 23, 2008 7:54am
Quoting lilmoe
here's what i'm seeing and suggesting. a cute bearish flag. hopefully it will pay off. i closed my short from 206 and now i still have some open from 206.45.
if this breaks out upwards i'm not worried, because 207 will not be it's final destination, that's IF it does. but to me, there's more room to go down than there is to go up. i could be wrong.

Attachment

still holding my shorts to...
i just want too see what the news would bring to the table...

do you think it wise?
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