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

  • #85,461
  • May 29, 2008 7:22am May 29, 2008 7:22am
Quoting pkimnyc
Actually, I bought it @ 207.15 and left it over night. I knew I wasn't gonna get up in the morning today (I was way too tired). I'm building small shorts again from 208.00.
Gotta love it bro, easy money this week on the geppy? I starting building short this a.m. @ 208.25 area and will continue to build on any failed attempt to go higher while on the way down. . .
  • #85,462
  • May 29, 2008 7:26am May 29, 2008 7:26am
if this daily candle closes above 208.06, i'm afraid to tell u guys, that be NOT GOOD. 209.33 will be the target
  • #85,463
  • May 29, 2008 7:27am May 29, 2008 7:27am
Quoting quecee5
Gotta love it bro, easy money this week on the geppy? I starting building short this a.m. @ 208.25 area and will continue to build on any failed attempt to go higher while on the way down. . .
awsome, bro.
  • #85,464
  • May 29, 2008 7:28am May 29, 2008 7:28am
Quoting quecee5
I think these chart says it all, this will eventually happen in the coming hours.

30min, 1hr, 4hr chart 4 u
from your mouth to the pip god's ears. i have been short from 208.05 (40 pip SL) .....
  • #85,465
  • May 29, 2008 7:30am May 29, 2008 7:30am
If usd/jpy closes with a strong up this week, I have a buy signal on weekly chart.

If it can hold after a retracement, it can go up quite a lot.
The same with usd/chf.
  • #85,466
  • May 29, 2008 7:33am May 29, 2008 7:33am
Quoting Kurti
If usd/jpy closes with a strong up this week, I have a buy signal on weekly chart.

If it can hold after a retracement, it can go up quite a lot.
The same with usd/chf.
UJ has failed up at 105.30/40 area on several attempts. Only a close above that area and a break of 105.70/80 would convince me that it's trend has reversed. Otherwise I see it heading back down below 102.50 area soon. . .
  • #85,467
  • May 29, 2008 7:34am May 29, 2008 7:34am
Quoting rsharpe30
from your mouth to the pip god's ears. i have been short from 208.05 (40 pip SL) .....

  • #85,468
  • May 29, 2008 7:36am May 29, 2008 7:36am
Oil data was bad -8.8mb vs -0.3 expected.....oil's up $3.5 already with dow first up 50 before the news, now down 60....I'm thinking the PPT's at work again
Trading Levels with WRBs
  • #85,469
  • May 29, 2008 7:38am May 29, 2008 7:38am
Quoting Islander
Oil data was bad -8.8mb vs -0.3 expected.....oil's up $3.5 already with dow first up 50 before the news, now down 60....I'm thinking the PPT's at work again

i also wanted to long oil at 126.9
  • #85,470
  • May 29, 2008 7:39am May 29, 2008 7:39am
Quoting Islander
Oil data was bad -8.8mb vs -0.3 expected.....oil's up $3.5 already with dow first up 50 before the news, now down 60....I'm thinking the PPT's at work again
Yep, oil inventories down so back to filling the pipeline, the law of "supply and demand". . . Let's see how long DJ holds up before crashing down. . .
  • #85,471
  • May 29, 2008 7:49am May 29, 2008 7:49am
Quoting lilmoe
okay, you're either laughing at my SL or at the fact that i'm short (i'm out now with a few pips of profit). In any case, stop laughing at me or I'll set vinipoo on ya!!!!
  • #85,472
  • May 29, 2008 7:51am May 29, 2008 7:51am
Quoting quecee5
Yep, oil inventories down so back to filling the pipeline, the law of "supply and demand". . . Let's see how long DJ holds up before crashing down. . .
six 50 point swings in the last couple of hours - I'm getting very tempted to go back to trading the YM....http://www.forexfactory.com/images/icons/icon11.gif
Trading Levels with WRBs
  • #85,473
  • Edited 8:05am May 29, 2008 7:52am | Edited 8:05am
Quoting Kurti
If usd/jpy closes with a strong up this week, I have a buy signal on weekly chart.

If it can hold after a retracement, it can go up quite a lot.
The same with usd/chf.
Always: IF it closes strong up or even over last highs, we are headed towards (EDIT) starting 1995 uptrend line at about 109 usd/jpy and usd/chf also about 109. next targets on usd/chf if headed higher would be 115 and 1,19/120.
I can't believe I would ever post something like this...
  • #85,474
  • May 29, 2008 7:52am May 29, 2008 7:52am
Quoting rsharpe30
okay, you're either laughing at my SL or at the fact that i'm short (i'm out now with a few pips of profit). In any case, stop laughing at me or I'll set vinipoo on ya!!!!

i was laughing at the way u said "from ur mouth to pip god's ear"...

funny
  • #85,475
  • May 29, 2008 7:53am May 29, 2008 7:53am
Glad I closed those shorts
Que
  • #85,476
  • May 29, 2008 7:54am May 29, 2008 7:54am
Updated this daily chart I posted yesterday on another thread with the small inset showing price as of about 10pm est. I'm out for the day (exterminator coming) so am waiting to see where my daily closes at 5pm est.

So far it's clawed up about 60-70 pips from first posting, but the daily close today or tomorrow should tell the tale.
Attached Image (click to enlarge)
Click to Enlarge Name: gy daily break2.png Size: 118 KB
FUBAR...
  • #85,477
  • May 29, 2008 7:59am May 29, 2008 7:59am
Quoting ak4x
Updated this daily chart I posted yesterday on another thread with the small inset showing price as of about 10pm est. I'm out for the day (exterminator coming) so am waiting to see where my daily closes at 5pm est.

So far it's clawed up about 60-70 pips from first posting, but the daily close today or tomorrow should tell the tale.

that's exactly what i meant. plus the case would be worse if we get a close above 208 for the day...
  • #85,478
  • May 29, 2008 8:01am May 29, 2008 8:01am
we have officially pierced through the daily TL
  • #85,479
  • May 29, 2008 8:03am May 29, 2008 8:03am
Dow should be falling off a cliff, but it isn't. Crazy market....maybe tomorrow???LOL Dow just don't wanna fall

http://www.cs.rutgers.edu/%7Emcgrew/...RoadRunner.gif
  • #85,480
  • May 29, 2008 8:03am May 29, 2008 8:03am
Hi
looks like the GJ wants to complete 209 point before the big reversal
maybe tommor will start the trend , but as far as it looks the candle form above each other signally bullish
anyway i am finished for today with trade targe 42 pips reached
good luck
regards
great traders keep pips
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