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

  • #89,501
  • Jun 5, 2008 2:56pm Jun 5, 2008 2:56pm
Man...

That head fake to the downside threw me for a loop. I thought the shorts were in place.

  • #89,502
  • Jun 5, 2008 2:58pm Jun 5, 2008 2:58pm
Price is trading above the..

Daily Gann
4H Gann
1H Gann

Think a little, then do a little more thinking.. and again some more..
Trade what you see, not what you think.
  • #89,503
  • Jun 5, 2008 2:58pm Jun 5, 2008 2:58pm
Quoting bigcoupe
Man...

That head fake to the downside threw me for a loop. I thought the shorts were in place.

Me too, i guess i should remember, everything moves in same direction, on the same day, tonight it may be different
  • #89,504
  • Jun 5, 2008 3:02pm Jun 5, 2008 3:02pm
Quoting Kurti
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
sure, i already took out half off it and only target 1.01 for now. i dont think it will happen much over my night till london, d'you?
  • #89,505
  • Jun 5, 2008 3:04pm Jun 5, 2008 3:04pm
Quoting frevd
sure, i already took out half of it and only target 1.01 for now. i dont think it will happen much over my night till london, you?
not really, but what do i know
  • #89,506
  • Jun 5, 2008 3:06pm Jun 5, 2008 3:06pm
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
it probably will be I wouldn't rule it out I can't see + 217 but they could be cooking the books maybe the last 2-3 months have been higher than released and they are adding it to this months release to push the USD up for the summer.... Unemployment Claims were lower than expected so we can assume that a few more people are working. we have alot of seasonal workers that would have started working full time last month. we'll see
  • #89,507
  • Jun 5, 2008 3:08pm Jun 5, 2008 3:08pm
Quoting msniper
so what it still have some resisitance
i like this trendline better
Attached Image
  • #89,508
  • Jun 5, 2008 3:10pm Jun 5, 2008 3:10pm
Geppy YAAAAAYYYYY
"Millionaires don't use astrology, billionaires do"
  • #89,509
  • Jun 5, 2008 3:11pm Jun 5, 2008 3:11pm
Q had to hold some heat But wooohoo on cable and them euros u had, im covered now buy a pull back maybe
"Millionaires don't use astrology, billionaires do"
  • #89,510
  • Jun 5, 2008 3:11pm Jun 5, 2008 3:11pm
Quoting Clouds
a little
but i think price of eggs doesn't effect the price of milk

its like u r comparing pairs to cows if one cow go moo the other will do the same

am i right looooool
  • #89,511
  • Jun 5, 2008 3:12pm Jun 5, 2008 3:12pm
btw, as far as i can see usd didnt just increase (not even a bit), its been a drop of yen only (and what a huge one), any ideas?

could easily reverse in tokyo session, if there is reason.

http://img171.imageshack.us/img171/9497/doopyd9.th.png
  • #89,512
  • Jun 5, 2008 3:20pm Jun 5, 2008 3:20pm
its NFP tomorrow, i predict this pair going to fly up to 211, and then we try to get past 210 for 1 or 2 months, and many will be convinced it was a fake bull run, and everyone still convinced it is in a downtrend, and that there will be huge drop.
  • #89,513
  • Jun 5, 2008 3:20pm Jun 5, 2008 3:20pm
Quoting frevd
btw, as far as i can see usd didnt just increase (not even a bit), its been a drop of yen only (and what a huge one), any ideas?

could easily reverse in tokyo session, if there is reason.

http://img171.imageshack.us/img171/9497/doopyd9.th.png
DJIA +200, gearing has favoured bulls for the past month
Money & Pain Respect the market, protect your capital, be patient
  • #89,514
  • Jun 5, 2008 3:21pm Jun 5, 2008 3:21pm
Quoting Clouds
its NFP tomorrow, i predict this pair going to fly up to 211, and then we try to get past 210 for 1 or 2 months, and many will be convinced it was a fake bull run, and everyone still convinced it is in a downtrend, and that there will be huge drop.
you love the sky, clouds eh
  • #89,515
  • Jun 5, 2008 3:23pm Jun 5, 2008 3:23pm
Quoting frevd
you love the sky, clouds eh
I'd prefer a nice 200 pip drop tonight, but I don't predict it will happen.
  • #89,516
  • Jun 5, 2008 3:25pm Jun 5, 2008 3:25pm
so ur short clouds?
  • #89,517
  • Jun 5, 2008 3:25pm Jun 5, 2008 3:25pm
Quoting Clouds
I'd prefer a nice 200 pip drop tonight, but I don't predict it will happen.
Me neither, but honestly hope for it, wanna get out at least, damn rallye.
  • #89,518
  • Jun 5, 2008 3:27pm Jun 5, 2008 3:27pm
Quoting banan
so ur short clouds?
no, i closed my shorts, and re-opened my longs
  • #89,519
  • Jun 5, 2008 3:28pm Jun 5, 2008 3:28pm
The beast keeps on killing people everyday... Damn!
Trade what you see, not what you think.
  • #89,520
  • Jun 5, 2008 3:29pm Jun 5, 2008 3:29pm
We got that solid bullish close on both g/j and u/j 4 hour charts.
I dream, therefore I become.
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