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Auslanco - GBP/JPY and GBP/USD (newstrade)
- #88,822
- Jun 4, 2008 1:26pm Jun 4, 2008 1:26pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
long cable 9543, lookin for a break of the top maybe or a small 50% pullback and another small dip . we'll see what happens
- #88,824
- Jun 4, 2008 1:30pm Jun 4, 2008 1:30pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
I'm long GU and EU, looking for a retrace up to 1.9610/20/40 area on GU and a retace up to 1.5520 on EU. . . =
yes sir Q, not sure if these points are right but i think could be some serious buying about to come in soon. My charts showing this whole drop down being bought and held, for what purpose time will tell, going with your above numbers as well for time being unless something changes me mind
ooooops forgot chart
"Millionaires don't use astrology, billionaires do"
- #88,826
- Jun 4, 2008 1:34pm Jun 4, 2008 1:34pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
I'm long GU and EU, looking for a retrace up to 1.9610/20/40 area on GU and a retace up to 1.5520 on EU. . . =
that eu looks like a perfect 5 set down 50% of whole leg couldnt really be ruled out
on expanded 1h chart
i may play the ledge break to upside when it happens with resting order
"Millionaires don't use astrology, billionaires do"
- #88,827
- Jun 4, 2008 1:36pm Jun 4, 2008 1:36pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
yes sir Q, not sure if these points are right but i think could be some serious buying about to come in soon. My charts showing this whole drop down being bought and held, for what purpose time will tell, going with your above numbers as well for time being unless something changes me mind
ooooops forgot chart
- #88,828
- Jun 4, 2008 1:40pm Jun 4, 2008 1:40pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
1.9620 is 4hr gann hi/lo, 1.9660 is DP (for now) a break above and we'll see 1.9710. . .
the 9620 coincides with the 1hr 50 bar ma seems reasonalbe to me
chunnel liquidation should help things out for cable support
"Millionaires don't use astrology, billionaires do"
Agreed. . . I think GU will stall/top out up there and resume it's down trend as well as EU, but EU is way OS so it may get some legs higher. . .
), but what will that mean for gj if such a move would obviously impact usd negatively. with all those news tomorrow i slightly lost overview and maybe stay aside completely tomorrow till released. usd's bias is up for me and yen down, but risk hedging will possibly reverse the situation, so gu and eu have a real chance. difficult to control however..
- #88,831
- Jun 4, 2008 1:43pm Jun 4, 2008 1:43pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
nice charts, what is that lines with numbers? reminds me of some weird prediction thing from wilders.
Exactly right Delta points ST MT and LT, but u onlyget teh LT points with futures not the cash
"Millionaires don't use astrology, billionaires do"
- #88,832
- Edited 1:54pm Jun 4, 2008 1:44pm | Edited 1:54pm
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
...and a retace up to 1.5520 on EU. . . =
ps looking for initial targets of 530 to 535 tho (62% to my M3 area), slightly more optomistic, that was last night tho, always willing to reevaluate.
Pondering Orions remark about larger retrace...
FUBAR...
- #88,836
- Jun 4, 2008 1:53pm Jun 4, 2008 1:53pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #88,839
- Jun 4, 2008 2:00pm Jun 4, 2008 2:00pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
Okay guys, I've had enough for today, see ya'll sometime late london session = 