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

  • #90,001
  • Jun 6, 2008 8:09am Jun 6, 2008 8:09am
Quoting Sheikh
C'mon 204. I'm commited to my shorts already. I feel the bear's breath. Flusher lilmoe please.
Marrying positions is a no-no in forex
Trade what you see, not what you think.
  • #90,002
  • Jun 6, 2008 8:09am Jun 6, 2008 8:09am
Quoting Ultraman
plz hands up ur hand who still in short..
bear will come to 206 very soon
it just playing ping pong with the bull
rite now bear 19 - bull 5
yeah .. 2 more points to go .. expect it to finish at 10:00 EDT if not earlier
  • #90,003
  • Jun 6, 2008 8:10am Jun 6, 2008 8:10am
Quoting frevd
i said that right after our little argument about reading brokers here on ff to check out if anything happens what of course didnt (even went on further).
no, i'm still in and didnt manage to take advantage of the spike down. this will now take a while i guess. i'll go for lunch, not too much to fear now.
understood m8,
what ur target dude
i'm so sleepy watching the game bear VS bull
  • #90,004
  • Jun 6, 2008 8:10am Jun 6, 2008 8:10am
people thought i was crazy when i said EU is going up.... but not for long. i will short that bitch again once i get a good sell signal. but it might be in a week or 2
  • #90,005
  • Jun 6, 2008 8:10am Jun 6, 2008 8:10am
Bad news for the US, so the Euro strengthens against all currencies. Seems to me, it's USD vs. Euro, or something, crazy
  • #90,006
  • Jun 6, 2008 8:14am Jun 6, 2008 8:14am
and here is the chart. wave 5 should be above 209.31 (well, at least above 208.04). or we might have a failed 5th wave, and in this case... oh well, we'll see.
Quoting lilmoe
makes sense
Attached Image (click to enlarge)
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Nihil Sine Deo.
  • #90,007
  • Jun 6, 2008 8:16am Jun 6, 2008 8:16am
Uj above DP and 105.84 which it has not closed above since February.
105.84 Was tough resistance , now will provide very tough support.
Attached Image (click to enlarge)
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  • #90,008
  • Jun 6, 2008 8:16am Jun 6, 2008 8:16am
Quoting Ultraman
understood m8,
what ur target dude
i'm so sleepy watching the game bear VS bull
i dont see much up, at least we shouldnt break the high from earlier. we need to get rid of this support here, i then target 206 and am out for today.
  • #90,009
  • Jun 6, 2008 8:17am Jun 6, 2008 8:17am
meh I not trading this it was the first time I stayed awake long enough to see NFP live now I know why some people stay away from NFP day lol

I'm to sleepy I'll prolly end up screwing myself over some how so I'm going to sleep.

good luck peeps and may the pips be with you.
  • #90,010
  • Jun 6, 2008 8:17am Jun 6, 2008 8:17am
Oil is cruising to the top at high speed .. unbelievable. It may be bad for stocks this time is like adding fuel to the burning fire .. lol..
  • #90,011
  • Jun 6, 2008 8:22am Jun 6, 2008 8:22am
M15, M30, H1 and H4 showing overbought.

I do not know whats holding this thing up, but I think we will see a downward move shortly.


Yea, I meant to have a pun.
Que
  • #90,012
  • Jun 6, 2008 8:23am Jun 6, 2008 8:23am
Thankyou Karmo. I believe you have good intentions and I shall remember that. Shukram
  • #90,013
  • Jun 6, 2008 8:24am Jun 6, 2008 8:24am
Quoting Piters
Unemployment rate worst in last 20Y ???
-49000 for May..

"The economy has now lost 324,000 jobs over the last five months, and May was the first time since June 2003 that the economy lost jobs for five straight months.


HUH, I am no LONGING (anyway I am short all the time)

http://www.forexfactory.com/news.php?do=news&id=90454

gene, that is your answer.. reverse on 9june
lol, perhaps , perhaps... Looking at the usd chf chart, the structure is very similar to usd/yen, watching if the trendline can get effectivelly broken on a daily closing bases. There is a certain flight to safety as evidenced by the usdchf plunge, now weather this materialyses into a full flight is yet to be seen. Carry it seems is becoming ubnoctiously determined to rise in spite of all of the fundamental and some valid technical stuff that are pointing in the other direction, credit contraction, widening of credit spreads, increase of volatility, uncertainty over growth, who cares?! Right? Yap, so it seems, to me this only spells either a near doomsday or the next bubble, and bubbles as you know explode, leaving a lot of victims behind, sooner or later this will catch on fire...
  • #90,014
  • Jun 6, 2008 8:27am Jun 6, 2008 8:27am
you're going down hard biatch!
  • #90,015
  • Jun 6, 2008 8:27am Jun 6, 2008 8:27am
Bear run!
  • #90,016
  • Jun 6, 2008 8:27am Jun 6, 2008 8:27am
Quoting mktjong
Oil is cruising to the top at high speed .. unbelievable. It may be bad for stocks this time is like adding fuel to the burning fire .. lol..
Wish I can trade oil on my platform ..
  • #90,017
  • Jun 6, 2008 8:29am Jun 6, 2008 8:29am
Quoting mktjong
Wish I can trade oil on my platform ..
You and me both. Could have pulled 1000 pips in 24 hours with the latest move. Crazy.
Que
  • #90,018
  • Jun 6, 2008 8:30am Jun 6, 2008 8:30am
EUR/CHF a beauty to short, or EJ
  • #90,019
  • Jun 6, 2008 8:33am Jun 6, 2008 8:33am
m30 closed below intraday TL. now i'll wait for a close below m30 gann (m30 strategy signal) and add a short at 5sma. this should be interesting.

a risk i'm willing to take.
  • #90,020
  • Jun 6, 2008 8:34am Jun 6, 2008 8:34am
wao, that spike did not catch it at all. I went for my dinner.

During 3hours before , i already cut off GJ on short wif -45 pips. Really get confuse by his movement already. A super spike, who know there is that big amount of buyer at that 206.8. Duno what to said
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