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

  • #89,481
  • Jun 5, 2008 2:27pm Jun 5, 2008 2:27pm
If we revisit 106, we can all kiss our shorts goodbye, I'm afraid
  • #89,482
  • Jun 5, 2008 2:27pm Jun 5, 2008 2:27pm
Quoting Evilgoat
50 lots long just for you Cloudy
dont scream too loud, it's got 1.5 more hours for the remaining 1280p..
  • #89,483
  • Jun 5, 2008 2:32pm Jun 5, 2008 2:32pm
??
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 5.png Size: 17 KB
  • #89,484
  • Jun 5, 2008 2:34pm Jun 5, 2008 2:34pm
Quoting Clouds
??
Attachment
That's on a 5 minute timeframe. Move up some. Even if you move up a little, we'll need a lower close yeah, but you can't make assumptions on that timeframe.
I dream, therefore I become.
  • #89,485
  • Jun 5, 2008 2:37pm Jun 5, 2008 2:37pm
EJ is 2 pips from 165.
  • #89,486
  • Jun 5, 2008 2:39pm Jun 5, 2008 2:39pm
Im long, sorry guys
  • #89,487
  • Jun 5, 2008 2:39pm Jun 5, 2008 2:39pm
Quoting Clouds
EJ is 2 pips from 165.
Check out the monthly chart from 3 months ago. That just proves that longer timeframes can stack up your equity nicely if you have the patience to let them play out. Pretty easy stuff! lol
I dream, therefore I become.
  • #89,488
  • Jun 5, 2008 2:39pm Jun 5, 2008 2:39pm
your opinions about ucad needed, i'm +22, selloff today or continuation/breakout?
  • #89,489
  • Jun 5, 2008 2:40pm Jun 5, 2008 2:40pm
Quoting Clouds
Im long, sorry guys
There's no reason not to be with the 4 hour pin on u/j forming and the buovb on the g/j forming. Just have to wait for the close of it now.
I dream, therefore I become.
  • #89,490
  • Jun 5, 2008 2:42pm Jun 5, 2008 2:42pm
Quoting Clouds
Im long, sorry guys
ur target ?
  • #89,491
  • Jun 5, 2008 2:43pm Jun 5, 2008 2:43pm
Quoting ukvipersden
Dow is on a roll: what the hell is driving this!!!
+217!!...the USA economy MUST be doing be ok then
  • #89,492
  • Jun 5, 2008 2:45pm Jun 5, 2008 2:45pm
Quoting msniper
ur target ?
dont know, but ej broke 165, it was my sign jpy crosses are alive
  • #89,493
  • Jun 5, 2008 2:46pm Jun 5, 2008 2:46pm
Quoting ukvipersden
+217!!...the USA economy MUST be doing be ok then
hype, they think the nfp data will be positive.


  • #89,494
  • Jun 5, 2008 2:49pm Jun 5, 2008 2:49pm
Originally Posted by ukvipersden http://www.forexfactory.com/images/buttons/viewpost.gif
+217!!...the USA economy MUST be doing be ok then

Quoting frevd
hype, they think the nfp data will be positive.


in all seriousness: maybe it WILL be
  • #89,495
  • Jun 5, 2008 2:50pm Jun 5, 2008 2:50pm
Quoting Clouds
dont know, but ej broke 165, it was my sign jpy crosses are alive
so what it still have some resisitance
Attached Image (click to enlarge)
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  • #89,496
  • Jun 5, 2008 2:50pm Jun 5, 2008 2:50pm
Dow rally based on 2 of many retail companies earnings reports being positive.

Guess which 2, Walmart and Costco.

Everyone else in the toilet.

Go figure.

I see 209.50-211.00 by europe. Easy.
  • #89,497
  • Jun 5, 2008 2:52pm Jun 5, 2008 2:52pm
Im loving my longs since 204.80, made over 200+ pips, big money

Tomorrow is a different story.. my lil friends.. learn how to divorce ur positions and adapt to the market

Goodnight
Trade what you see, not what you think.
  • #89,498
  • Jun 5, 2008 2:53pm Jun 5, 2008 2:53pm
Quoting msniper
so what it still have some resisitance
a little
  • #89,499
  • Jun 5, 2008 2:55pm Jun 5, 2008 2:55pm
Quoting ukvipersden
Originally Posted by ukvipersden http://www.forexfactory.com/images/buttons/viewpost.gif
+217!!...the USA economy MUST be doing be ok then

in all seriousness: maybe it WILL be
well ok, it might have a chance, a logical one. if the second high impact news about new employment is also positive (although both are expected to be negative) well then 214, else we see carry trades taken out and 203.
so till then we will be rangebound, 206.50 to 207.80.
  • #89,500
  • Jun 5, 2008 2:55pm Jun 5, 2008 2:55pm
Quoting frevd
hype, they think the nfp data will be positive.


usd cad looks very overbought, was rejected from the trendline and maybe will break up trendline, I would take half position off and let other one run with stop above last upswing, you never one with this market what will happen. I would take profit of other half after reassessing or mabe add positions, but carefully, as there could be a sudden breakout to the upside.

As I see it, long has more potential, after a retracement
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