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

  • #89,661
  • Jun 5, 2008 6:35pm Jun 5, 2008 6:35pm
eurusd has quit moving and so my scalping is done until london...off to bed and good luck with your trades....
"Keep your eyes on the helpers" - Mr. Rogers
  • #89,662
  • Jun 5, 2008 6:36pm Jun 5, 2008 6:36pm
Quoting forexnoob101
Japan May 1-20 Trade Deficit Y418.54 Billion; +907.5%
That is quite big figure....
  • #89,663
  • Jun 5, 2008 6:36pm Jun 5, 2008 6:36pm
Quoting forexnoob101
Japan May 1-20 Trade Deficit Y418.54 Billion; +907.5%
wow...that is a huge increase...was that over last month?

wonder why usdjpy is going up.....possible long position technical traders...or maybe BoJ wants to bet the value lower to the usd and increase more exports next month
"Keep your eyes on the helpers" - Mr. Rogers
  • #89,664
  • Jun 5, 2008 6:37pm Jun 5, 2008 6:37pm
Quoting PandoraBox
Ok Guy I'm off today. I already close all my Long from 205. See you at 204. Buy Limit has been activate. Might be NPF will come out positive value.
If you are expecting NPF to be positive then how do you see 204?
  • #89,665
  • Jun 5, 2008 6:37pm Jun 5, 2008 6:37pm
Just bought EJ from Infinity
  • #89,666
  • Jun 5, 2008 6:37pm Jun 5, 2008 6:37pm
if the next 30 min candle closes lower than the last looks good to me for a short. What do you guys think?
Attached Image (click to enlarge)
Click to Enlarge Name: UJjune5.jpg Size: 210 KB
  • #89,667
  • Jun 5, 2008 6:39pm Jun 5, 2008 6:39pm
Quoting Clouds
Just bought EJ from Infinity
hehehehehe

I'm out and i'll see you all back in a few hours
"Keep your eyes on the helpers" - Mr. Rogers
  • #89,668
  • Jun 5, 2008 6:40pm Jun 5, 2008 6:40pm
Quoting Clouds
Just bought EJ from Infinity
target.........?
Patience + Discipline - Greed = Success
  • #89,669
  • Jun 5, 2008 6:41pm Jun 5, 2008 6:41pm
what the hell am i smoking today even if it closes higher it still is going to be bearish lol brb I need more coffee
  • #89,670
  • Jun 5, 2008 6:43pm Jun 5, 2008 6:43pm
Quoting Infinity
I just took a ej short @ 165.55 looking for 164...
good luck with that . Depending on NFP tomorrow I see eurusd going to 1.577 based on a 1-2-3 buy formation

also euro zone is very hawkish hence 200 pip move in euro today on Trichets speech

dj likely heading towards 12700 ++++ tomorrow.

If NFP comes out as expected the news is built in , less than expected might move the markets down.
Blogging daily now at www.volume.zone
  • #89,671
  • Jun 5, 2008 6:44pm Jun 5, 2008 6:44pm
Quoting Infinity
I just took a ej short @ 165.55 looking for 164...
Hey bro, how come we have a same view here. Honestly, am also short EJ moments ago ...cks .. cks .. are our brains cloned?
  • #89,672
  • Jun 5, 2008 6:47pm Jun 5, 2008 6:47pm
Quoting malcolmb14
good luck with that . Depending on NFP tomorrow I see eurusd going to 1.577 based on a 1-2-3 buy formation

also euro zone is very hawkish hence 200 pip move in euro today on Trichets speech

dj likely heading towards 12700 ++++ tomorrow.

If NFP comes out as expected the news is built in , less than expected might move the markets down.
hmm .. very likely. I think if the news is good, all yen cross pairs shall go up and then get sold as profit taking plus persistent risk aversion, even though is getting mild now ..
  • #89,673
  • Jun 5, 2008 6:47pm Jun 5, 2008 6:47pm
Ok, I gotta ask.... Looking at my charts I see no reason to go short yet. Some things are building but there has been no price action to support it so I will wait.

What are you guys seeing that is suggesting you should go short? Not knocking your bravery I am just curious as to why.

Thanks
  • #89,674
  • Jun 5, 2008 6:49pm Jun 5, 2008 6:49pm
short....
uj 106.86
ej 166.13
gj 208.40
  • #89,675
  • Jun 5, 2008 6:49pm Jun 5, 2008 6:49pm
Quoting Infinity
target.........?
Friday's close, unless i get stopped out
  • #89,676
  • Jun 5, 2008 6:51pm Jun 5, 2008 6:51pm
Quoting magnumfreak
Ok, I gotta ask.... Looking at my charts I see no reason to go short yet. Some things are building but there has been no price action to support it so I will wait.

What are you guys seeing that is suggesting you should go short? Not knocking your bravery I am just curious as to why.

Thanks
It's a top secret indicator ..
j/k
  • #89,677
  • Jun 5, 2008 6:52pm Jun 5, 2008 6:52pm
Quoting gody6000
short....
uj 106.86
ej 166.13
gj 208.40

Uj 106.86?? when was it that high? lol
  • #89,678
  • Jun 5, 2008 6:54pm Jun 5, 2008 6:54pm
Quoting malcolmb14
good luck with that . Depending on NFP tomorrow I see eurusd going to 1.577 based on a 1-2-3 buy formation

also euro zone is very hawkish hence 200 pip move in euro today on Trichets speech

dj likely heading towards 12700 ++++ tomorrow.

If NFP comes out as expected the news is built in , less than expected might move the markets down.
The way I see it, the max upside before major retracement is 166.5 where I will add to my small short....then I expect price to come back to 164 which was previous resistance....

If price bursts though 166.5 and closes significantly above....I will abandon ship.....
Attached Image (click to enlarge)
Click to Enlarge Name: eja.GIF Size: 20 KB
Patience + Discipline - Greed = Success
  • #89,679
  • Jun 5, 2008 6:56pm Jun 5, 2008 6:56pm
Quoting mktjong
Hey bro, how come we have a same view here. Honestly, am also short EJ moments ago ...cks .. cks .. are our brains cloned?
Its not the first time...is it....?

Patience + Discipline - Greed = Success
  • #89,680
  • Jun 5, 2008 6:57pm Jun 5, 2008 6:57pm
Quoting mktjong
It's a top secret indicator ..
j/k
Patience + Discipline - Greed = Success
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