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

  • #89,261
  • Jun 5, 2008 9:16am Jun 5, 2008 9:16am
Quoting shakesfx
Hope all is well bro.

Added another short from 207.17...lets see what happens

i'm great! kicking GJ ass

man it's been a REALLY busy day, lots and lots and lots of work to do.
got lots of charts to post, just give me a sec

how about u? how r ya?
  • #89,262
  • Jun 5, 2008 9:16am Jun 5, 2008 9:16am
Quoting ForexRookie
Correct me if i'm wrong but a possible Quadruple Top now on GBP/JPY? When is this thing going down??

I'm short from 207.05
If it continues doing the same it has been in the few previous hours, we may se 800 tops here...I'm short as well and worried...
  • #89,263
  • Jun 5, 2008 9:17am Jun 5, 2008 9:17am
Quoting ForexRookie
Correct me if i'm wrong but a possible Quadruple Top now on GBP/JPY? When is this thing going down??

I'm short from 207.05
gosh mate..go read up about tops/bottoms before saying tht..
  • #89,264
  • Jun 5, 2008 9:17am Jun 5, 2008 9:17am
Hi guys, just wanted to say hello and I've been reading this tread for a while and since I'm barely six months in this I am learning a lot. btw I'm with you lil'moe and do you ever sleep?
  • #89,265
  • Jun 5, 2008 9:18am Jun 5, 2008 9:18am
Quoting ForexRookie
Correct me if i'm wrong but a possible Quadruple Top now on GBP/JPY? When is this thing going down??

I'm short from 207.05

patience, young yedi, patience.
the beast has so much shorts to carry, at least from this thread, it has no other choice than falling.
  • #89,266
  • Jun 5, 2008 9:18am Jun 5, 2008 9:18am
Divergence leads the way...price is unsustainable at these levels IMHO...

15m, 30m, 1hr for you... Wonder if it'll lead into the 4hr. Also, CCI and slow stochs on 15m,30,and 1hr oversold and maxed out (not shown on these charts), 3hr on my platform maxed also, but daily still pointing down....beware longs.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gj 15min.gif Size: 37 KB
Click to Enlarge Name: gj 30min.gif Size: 32 KB
Click to Enlarge Name: gj 1hr.gif Size: 37 KB
  • #89,267
  • Jun 5, 2008 9:19am Jun 5, 2008 9:19am
Quoting Srikanth
i'm expecting a bounce from here on e/u.. U/J seems much bullish..shud test 107 before the BIG fall..

G/J 210-211 U/J 107 much possible !
why not, some ppl look at me that im crazy when i told about 106.10 yesterday
lets see but if i get signal for shorts i'll go...
  • #89,268
  • Jun 5, 2008 9:19am Jun 5, 2008 9:19am
Call me crazy, I just bought GBP/CHF after the 200 pip drop.
  • #89,269
  • Jun 5, 2008 9:20am Jun 5, 2008 9:20am
Quoting Islander
2am EDT is 8am in Europe - aka the Frankfurt Open. 3am EDT is 8am in the UK aka the London Open, so then you have these markets plus the Asian markets open and hence the highest volumn of the whole 24 hour day.

Meaning 2am est is the best time of the day to catch "THE MOVE."

It always gives you more than enough pips. You can turn the PC off and go fishing for the rest of the day.

  • #89,270
  • Jun 5, 2008 9:21am Jun 5, 2008 9:21am
Quoting Clouds
Call me crazy, I just bought GBP/CHF after the 200 pip drop.
Yep, your crazy...I shorted it earlier and keeping positions open...further downside me thinks...
  • #89,271
  • Jun 5, 2008 9:22am Jun 5, 2008 9:22am
Quoting samuel84
gosh mate..go read up about tops/bottoms before saying tht..
Thanks for the advice mate.
"The trend is your friend, until the end."
  • #89,272
  • Jun 5, 2008 9:23am Jun 5, 2008 9:23am
Quoting Clouds
Call me crazy, I just bought GBP/CHF after the 200 pip drop.

you should have put your margin into shorting the beast to support our positions ^^

price currently stands on my 30m 50sma and 15m 50, 100 sma. i am worried.
  • #89,273
  • Jun 5, 2008 9:28am Jun 5, 2008 9:28am
Check the E/J Daily Chart. She stopped moving for a double top. Heavy lots for me with a SL at 165.3

G/L all.
  • #89,274
  • Jun 5, 2008 9:32am Jun 5, 2008 9:32am
Quoting bigcoupe
Check the E/J Daily Chart. She stopped moving for a double top. Heavy lots for me with a SL at 165.3

G/L all.
what's your tp if i may ask?
  • #89,275
  • Jun 5, 2008 9:33am Jun 5, 2008 9:33am
Quoting Küster
EU up???Seriously???
i did say EU's target is 1.45, but i have reasons to think it needs to bounce up a bit more before heading there.
  • #89,276
  • Jun 5, 2008 9:33am Jun 5, 2008 9:33am
Quoting Clouds
Call me crazy, I just bought GBP/CHF after the 200 pip drop.
Nah, you did the right thing. All pound currencies are going up. GU will probably form a pin bar today. GJ and GCHF have to close the gap.
  • #89,277
  • Jun 5, 2008 9:33am Jun 5, 2008 9:33am
Hey lilmoe, what's you SL?tnx
  • #89,278
  • Jun 5, 2008 9:33am Jun 5, 2008 9:33am
Quoting lilmoe
i did say EU's target is 1.45, but i have reasons to think it needs to bounce up a bit more before heading there.
EU is going down. Trichet speech was to get more sellers.
  • #89,279
  • Jun 5, 2008 9:34am Jun 5, 2008 9:34am
Quoting lilmoe
208?? naaaaaaaaah


love u to bro
Patience 7aboob
Trade what you see, not what you think.
  • #89,280
  • Jun 5, 2008 9:35am Jun 5, 2008 9:35am
Quoting Küster
Added another short as well...I'm f***ing crazy!!!!
Why dont u guys just go wityh the flow . i agree its a bit too late to scale in longs but if this isnt the ideal opportunity to go long, just wait for an appropriate opportunity to go short not every time it makes a green candle or it touches a whole number.

I certainly wouldnt go short today when its on a uptrand and hovering near 106, when jobless claims news has been good and esp when FED has been actively supporting dollar. do u see any bad news here for UJ except the old financial CRAP which keeps popping its head now and then BUT THAT IS OLD NEWS to the investors.

Again , if u are trading on intraday basis, then u should also change ur views according to intraday fluctuations.
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