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

  • #85,781
  • May 29, 2008 10:13pm May 29, 2008 10:13pm
Quoting lilmoe
the same exact pattern is forming on GJ's m30 chart, 206.76 is a starter
  • #85,782
  • May 29, 2008 10:18pm May 29, 2008 10:18pm
Quoting Clouds
I just switched from short to long euro at 5525 , but it has make past previous session highs at 5525. Lets see.
I like to anticipate I've been long euro for a retrace since 1.5488....felt it would fuel the fire to drop anchor on G/J
The only sovereign I can allow to rule me is reason.
  • #85,783
  • May 29, 2008 10:19pm May 29, 2008 10:19pm
Quoting lilmoe
here's 4h divergence for a starter.

first target is 1.5631
second 1.5512
So you think its going up 100 pips and down 100 pips?
  • #85,784
  • May 29, 2008 10:23pm May 29, 2008 10:23pm
What if no retrace? We all screwed?
Attached Image
  • #85,785
  • May 29, 2008 10:25pm May 29, 2008 10:25pm
Quoting Clouds
So you think its going up 100 pips and down 100 pips?

i'm not sure if it would go down as soon. might be till next week. another senario is retesting 1.58xx, who knows, depends on the close of today's daily candle.
  • #85,786
  • May 29, 2008 10:25pm May 29, 2008 10:25pm
Quoting Clouds
What if no retrace? We all screwed?
Attachment

  • #85,787
  • May 29, 2008 10:27pm May 29, 2008 10:27pm
208.35 is one BIATCH
  • #85,788
  • May 29, 2008 10:37pm May 29, 2008 10:37pm
Quoting lilmoe
208.35 is one BIATCH
Yeah, and my s/l's are like 15 pips away on my pairs. Time to drink some scotch, maybe get s'led out, and wait for london.
  • #85,789
  • May 29, 2008 10:40pm May 29, 2008 10:40pm
Euro
Attached Image
  • #85,790
  • May 29, 2008 10:47pm May 29, 2008 10:47pm
Ok, so what are we looking at tonight?

long day at my real job so no posting...
Que
  • #85,791
  • May 29, 2008 10:48pm May 29, 2008 10:48pm
Quoting Que
Ok, so what are we looking at tonight?

long day at my real job so no posting...
Flip coin
  • #85,792
  • May 29, 2008 10:52pm May 29, 2008 10:52pm
Well, it seems that way huh.

I am going to wait and long at the London session I believe. Oh and this time I'm going to take my 4% instead of watching it turn into a BE trade like I have the last TWO nights...

If it goes like every other night this week...

We will see 207.70 then bounce up a couple hours into London Session.
Que
  • #85,793
  • May 29, 2008 11:05pm May 29, 2008 11:05pm
Did the CHF just rat out the euro?
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  • #85,794
  • May 29, 2008 11:09pm May 29, 2008 11:09pm
Quoting lilmoe
208.35 is one BIATCH
It WILL break it .... positive thinking !
  • #85,795
  • May 29, 2008 11:19pm May 29, 2008 11:19pm
Quoting lilmoe
when 186 is breached, there will be lots of free money out there that brokers will not afford to accept ur short orders

just like what happened in Aug of last year.
So wait for 251 and short then, or other scenario: Short 1Lot on every 50pips

After that please post the picture here with your FX - Lambo

Hope you are all safe, Regards
  • #85,796
  • May 29, 2008 11:31pm May 29, 2008 11:31pm
POW! hows that for positive thinking
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  • #85,797
  • May 29, 2008 11:31pm May 29, 2008 11:31pm
Quoting Piters
So wait for 251 and short then, or other scenario: Short 1Lot on every 50pips

After that please post the picture here with your FX - Lambo

Hope you are all safe, Regards

How would you describe the seven lessons from the American Monk ? Interested ...
  • #85,798
  • May 29, 2008 11:54pm May 29, 2008 11:54pm
Too many people are waiting for it to come down including me, from past experience I sense that Geppy will hunt SL of those who are waiting for the down move and only after clearing them she will drop.... I definately taking Karmo's pills, since all of my charts are screaming at me that the drop is immenent. I won't post the charts since a lot of them already have been posted. As you say lilmo - No guts no Glory. and if things get sour Use hedge Be positive!

Stop Losses are for Cowards! (not sure of spelling - english second Language)
  • #85,799
  • May 30, 2008 12:03am May 30, 2008 12:03am
Quoting LeoBond
Too many people are waiting for it to come down including me, from past experience I sense that Geppy will hunt SL of those who are waiting for the down move and only after clearing them she will drop.... I definately taking Karmo's pills, since all of my charts are screaming at me that the drop is immenent. I won't post the charts since a lot of them already have been posted. As you say lilmo - No guts no Glory. and if things get sour Use hedge Be positive!

Stop Losses are for Cowards! (not sure of spelling - english second Language)
english is my 1st language and I think you spell better than me lol

I agree with you It's hard for me to to setup a long with the charts slaping in the face with bearish divergence.

P.S can you send me some of Karmo's pills this waiting is hard on the nerves
  • #85,800
  • May 30, 2008 12:07am May 30, 2008 12:07am
Quoting LeoBond
Stop Losses are for Cowards!
MmmKay
Que
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