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

  • #89,961
  • Jun 6, 2008 7:40am Jun 6, 2008 7:40am
It actually looks bullish
Money & Pain Respect the market, protect your capital, be patient
  • #89,962
  • Jun 6, 2008 7:41am Jun 6, 2008 7:41am
Quoting shakesfx
Did someone call?
taxi for me too
  • #89,963
  • Jun 6, 2008 7:41am Jun 6, 2008 7:41am
Quoting Ultraman
keep on patience
dont panic
..

Don't worry .. it's most likely gonna tank soon .. hope so. I think it's trying to flush out some stops with bulls trap and it's gonna a happy bungee jump ..
  • #89,964
  • Jun 6, 2008 7:41am Jun 6, 2008 7:41am
Quoting pino2
I guess that prices will go down after the NFP to fill some buy orders since I feel that next week it will be bullish, I guess that the drop will not break the 206.60 area, and we might close this week near to 208.80's, I might be wrong in everything I mentioned above, I'm out this time, I play it on my demo account
Seems it will work as I predicted above
I had on demo a short position on 208 with TP @ 206.90 already closed
and reversed with a buy order @ 206.90 SL 206.50 TP 209
I liked the game, I hope it was on my live account
  • #89,965
  • Jun 6, 2008 7:41am Jun 6, 2008 7:41am
Quoting lilmoe
i can't believe there were that many buyers at 206.80. (DP and lower TL)
I do not think that is the case at all. I just think there was more profit taking on UJ then GU. I thought it would be the oposite.
Que
  • #89,966
  • Jun 6, 2008 7:41am Jun 6, 2008 7:41am
Quoting lilmoe
i can't believe there were that many buyers at 206.80. (DP and lower TL)
Also close to the daily 5sma..
Trade what you see, not what you think.
  • #89,967
  • Jun 6, 2008 7:42am Jun 6, 2008 7:42am
If it carries on like this we have the mother of all PBs forming
Money & Pain Respect the market, protect your capital, be patient
  • #89,968
  • Jun 6, 2008 7:42am Jun 6, 2008 7:42am
carry has not been dropped yet ------ seems there really is strong support for us economy.

here a picture of the impact and the currencies involved (timeframe M1):

http://img379.imageshack.us/img379/2...pacthc5.th.png
  • #89,969
  • Jun 6, 2008 7:44am Jun 6, 2008 7:44am
Quoting Ultraman
keep on patience
dont panic
hopefully 206 at 1st
Attached Image (click to enlarge)
Click to Enlarge Name: 3.gif Size: 22 KB
  • #89,970
  • Jun 6, 2008 7:45am Jun 6, 2008 7:45am
Quoting shakesfx
Did someone call?
175, and no STOPS, please
  • #89,971
  • Jun 6, 2008 7:46am Jun 6, 2008 7:46am
huh
  • #89,972
  • Jun 6, 2008 7:46am Jun 6, 2008 7:46am
It usually forms a pin bar and goes the other way on this one. I wouldn't be going short until it's settled.
  • #89,973
  • Jun 6, 2008 7:47am Jun 6, 2008 7:47am
What a 15 min drama .. all back to where it was .. looollll
  • #89,974
  • Jun 6, 2008 7:47am Jun 6, 2008 7:47am
page 6000, congrats!!!!


god bless all the good people here!
  • #89,975
  • Jun 6, 2008 7:47am Jun 6, 2008 7:47am
Looks like the Bulls are taking it.

Looks like Yen is stronger then Pound.
Que
  • #89,976
  • Jun 6, 2008 7:48am Jun 6, 2008 7:48am
Quoting lilmoe
page 6000, congrats!!!!


god bless all the good people here!

man, i still remember when we were celebrating page 500... wow
  • #89,977
  • Jun 6, 2008 7:48am Jun 6, 2008 7:48am
Quoting mktjong
What a 15 min drama .. all back to where it was .. looollll
bear trap or bull trap??http://qsmile.com/qsimages/73.gif http://qsmile.com/qsimages/73.gif
LOOL
  • #89,978
  • Jun 6, 2008 7:49am Jun 6, 2008 7:49am
can short gj when uj touches 106
To Live is the rarest thing in the world , Most people exist , that is all
  • #89,979
  • Jun 6, 2008 7:49am Jun 6, 2008 7:49am
Quoting Que
Looks like the Bulls are taking it.

Looks like Yen is stronger then Pound.
If that PB stays valid I'm exiting all shorts
Money & Pain Respect the market, protect your capital, be patient
  • #89,980
  • Jun 6, 2008 7:49am Jun 6, 2008 7:49am
EJ is at 166
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