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

  • #89,821
  • Jun 6, 2008 4:20am Jun 6, 2008 4:20am
Quoting Evilgoat
I bet 20 pips that if I entered a trade geppy would start running the the other way lol
I would ask you long then
Que
  • #89,822
  • Jun 6, 2008 4:25am Jun 6, 2008 4:25am
Quoting samclider
YEN Rise again ...



I think that 204.82
no, it sucks but yen is actually diving and usd rising, i wouldnt wonder if we see some jumps up on gj, i'm considering to exit if the next hour doesnt bring results.
  • #89,823
  • Jun 6, 2008 4:26am Jun 6, 2008 4:26am
when my broker posted 'except pairs to be on consolidation before NFP' they were spot on.
  • #89,824
  • Jun 6, 2008 4:27am Jun 6, 2008 4:27am
Quoting frevd
no, it sucks but yen is actually diving and usd rising, i wouldnt wonder if we see some jumps up on gj, i'm considering to exit if the next hour doesnt bring results.
Im about to aproch -ve pips on this trade. Yet again, I should have taken profits...
Que
  • #89,825
  • Jun 6, 2008 4:28am Jun 6, 2008 4:28am
OIL up LOL
8.30am will see this sucker shoot down like hell
  • #89,826
  • Jun 6, 2008 4:29am Jun 6, 2008 4:29am
Quoting Que
Im about to aproch -ve pips on this trade. Yet again, I should have taken profits...
sure, your choice, you should still be green.
btw, volume is not yet supporting this move up.
  • #89,827
  • Jun 6, 2008 4:32am Jun 6, 2008 4:32am
chart
Attached Image
  • #89,828
  • Jun 6, 2008 4:34am Jun 6, 2008 4:34am
Quoting frevd
sure, your choice, you should still be green.
btw, volume is not yet supporting this move up.
I am still green, but the rate of incline is disturbing...
Que
  • #89,829
  • Jun 6, 2008 4:34am Jun 6, 2008 4:34am
Quoting Que
Im about to aproch -ve pips on this trade. Yet again, I should have taken profits...

i've counted how many times u said that, i'm calculating 700-800 pips...
  • #89,830
  • Jun 6, 2008 4:35am Jun 6, 2008 4:35am
Quoting lilmoe
i've counted how many times u said that, i'm calculating 700-800 pips...
Seriously right....
Que
  • #89,831
  • Jun 6, 2008 4:35am Jun 6, 2008 4:35am
Quoting Clouds
chart
Attachment
  • #89,832
  • Jun 6, 2008 4:38am Jun 6, 2008 4:38am
Quoting Que
I am still green, but the rate of incline is disturbing...
guess how i feel, i'm not in green, just reducing red.

no risk no gain
  • #89,833
  • Jun 6, 2008 4:38am Jun 6, 2008 4:38am
Quoting lilmoe
i agree, but it may also indicate a breakout. 2 possible scenarios next week. either a massive fall or actually a "start" of a long lived bull run.
Yes there is that possibility, especially if we surpass 210.50 on the daily and then weekly bases, 219 level or even 230 would be in sight, I would say that in that case it will simply leave me dumbfounded, but I'll trade it if the price gives an indication. Overall, fundamenatlly I do not see how the carry can go that far, but, on the other hand Fed had loaned so much money out that it has to create a few more bubbles, banks need to make money and since a lot of their capabilities since the subprime mess had been wiped out, they will pour it into something else, (so far commodities had been the target) in this case it could be the carry, but in the long term it would create an even bigger bubble. From the elliot wave persepective it could still go as high as 230 and still be a valid 4th wave to set up for the 5th wave drop, possibilities, possibilities. One thing is rather clear to me, time wize we will get a clear sign by the end of next week.
  • #89,834
  • Jun 6, 2008 4:50am Jun 6, 2008 4:50am
Quoting karmostaji
Lower TF's are getting themselves out of overbought, I'll wait for price to reach daily 5sma and if i start seeing bullish signs, I'll load up longs and target will be atleast a re-test of 209
Dear did you mean daily 5sma 206.50 then go long?
  • #89,835
  • Jun 6, 2008 4:54am Jun 6, 2008 4:54am
hi forexlion
what is your point of view about GJ ?
thanks
best regards
hussin
  • #89,836
  • Jun 6, 2008 4:59am Jun 6, 2008 4:59am


lilmoe, bring out the hammer or something...
Que
  • #89,837
  • Jun 6, 2008 5:00am Jun 6, 2008 5:00am
Quoting Que


lilmoe, bring out the hammer or something...

just for you Que
Attached Image
  • #89,838
  • Jun 6, 2008 5:02am Jun 6, 2008 5:02am
Sweet
Que
  • #89,839
  • Jun 6, 2008 5:07am Jun 6, 2008 5:07am
Quoting Que
Sweet
If I wasn't so lazy I'd make a funny little animated gif maybe I'll put that on my to do list lol
  • #89,840
  • Jun 6, 2008 5:08am Jun 6, 2008 5:08am
You see, here is the thing...

The big banks read FF see.

They say damn they are on to us with the whole "Short" thing. Here is what we will do (Talking to eachother). We will screw with the retail traders for a good 4-5 hours, take a long lunch, go visit our misteresses, etc.. Then we will short this thing when we have broken all of there confidence and free will.....


Just a theory...
Que
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