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

  • #90,601
  • Jun 8, 2008 4:23pm Jun 8, 2008 4:23pm
no sorry 206.09
  • #90,602
  • Jun 8, 2008 4:26pm Jun 8, 2008 4:26pm
just peachy I have a huge thunder storm with tornado warnings that looks like it maybe heading my way
  • #90,603
  • Jun 8, 2008 4:27pm Jun 8, 2008 4:27pm
Quoting lilmoe
well, it's very nice here. a bit hot at daytime (33 degrees), but it's pretty nice and cool at night, what about ur end?

hehe same as you guys. But it doesnt get cool here like it does in amman. Can't wait to come after i finish summer school.
  • #90,604
  • Jun 8, 2008 4:27pm Jun 8, 2008 4:27pm
Quoting lilmoe
1.7 is FE 100 on my setup. and the cycle SHOULD end there.

but i'm not sure if it will just now. a good retracement will happen i think. last week's rally was just a scam, me thinks.

btw, people did laugh at me when i said EU is going up last week, and the DID laugh at me when i said EU will FALL the week prior.

lets see how many will laugh this time
it might not go higher than 1.675 this time with retracement from August;
and something interesting might happen in last week of October
  • #90,605
  • Jun 8, 2008 4:28pm Jun 8, 2008 4:28pm
Quoting susufx
hehe same as you guys. But it doesnt get cool here like it does in amman. Can't wait to come after i finish summer school.

  • #90,606
  • Jun 8, 2008 4:32pm Jun 8, 2008 4:32pm
Quoting malcolmb14
so how about Friday being one big fake out on the markets and up we go on Monday !!!

Put it this way I am very nervous of shorting the gj and nervous of going long. GJ should have dropped 400 pip plus on Friday with the markets tanking .... but in reality barely moved( i say this relative to past movements in the GBPJPY when the markets are tanking)

It also did this when the dj dropped 700 points in a week , week before last ... in fact it was going uP as the markets declined.

We are either going to get a massive 2000 pip drop in days ... or gj is in fact going to become completely disconnected from the markets and continue up to 213.

Now here is a thought ..... there are so many better swing trade opportunities out there wait for the GJ to break 204.50 ( it daily 50 sma) and short it under the close of that day , using the 50 sma as a stop.

If you look at the 50 sma on the daily it is trending up !!!!
It would do the catch up this week ..
  • #90,607
  • Jun 8, 2008 4:33pm Jun 8, 2008 4:33pm
/JPY crosses being sold out of the gate
  • #90,608
  • Jun 8, 2008 4:36pm Jun 8, 2008 4:36pm
PA is pretty interesting on my 5min chart right now. i have daily s1 206.23, price couldn't go above that and bounced down 60 pips. dang i shouldn't have closed some of my shorts, i really thought the gap would close this time. 205.67 right now (daily s2)



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  • #90,609
  • Jun 8, 2008 4:36pm Jun 8, 2008 4:36pm
Panic selling is starting .. LOL ..

Hasta la vista .. and am back .. baby
  • #90,610
  • Jun 8, 2008 4:38pm Jun 8, 2008 4:38pm
Guys the reversal for euro trend initiation took place on 3.17 08. This hype is the sucker longs who will have their heads handed to them, hope u all are not one of them. IMO 1.5-3.5 years down at least
"Millionaires don't use astrology, billionaires do"
  • #90,611
  • Jun 8, 2008 4:39pm Jun 8, 2008 4:39pm
I think if we get a daily close below 205.38 then shorts are looking mighty fine......
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Patience + Discipline - Greed = Success
  • #90,612
  • Jun 8, 2008 4:45pm Jun 8, 2008 4:45pm
Quoting OrionsWay
Guys the reversal for euro trend initiation took place on 3.17 08. This hype is the sucker longs who will have their heads handed to them, hope u all are not one of them. IMO 1.5-3.5 years down at least

lol, they almost cut my head off when i said the same thing. loool
  • #90,613
  • Jun 8, 2008 4:45pm Jun 8, 2008 4:45pm
Quoting OrionsWay
Guys the reversal for euro trend initiation took place on 3.17 08. This hype is the sucker longs who will have their heads handed to them, hope u all are not one of them. IMO 1.5-3.5 years down at least
market for EUR still in uptrend until US panic shall turn it down; we might see it over 1.74 IMHO
  • #90,614
  • Jun 8, 2008 4:47pm Jun 8, 2008 4:47pm
Quoting lilmoe
lol, they almost cut off my head when i said the same thing. loool

LOL some must learn the hard way lilmoe, its undebatable in my mind the cycle is finished
"Millionaires don't use astrology, billionaires do"
  • #90,615
  • Jun 8, 2008 4:50pm Jun 8, 2008 4:50pm
Wow, huge gains for me today.

I posted my trade on friday sometime.

But basically I got in at 207.72 with a pretty small stop considering. This put me at a very nice size lot. Now I will move my stop and let it run. Last week I closed it at open (Same type of trade) and lost out on a nice down move on Sun/Mon.
Que
  • #90,616
  • Jun 8, 2008 4:50pm Jun 8, 2008 4:50pm
Quoting OrionsWay
LOL some must learn the hard way lilmoe, its undebatable in my mind the cycle is finished

well, they do have some good points of view, actually very good. but i'm known for my stubbornness
  • #90,617
  • Jun 8, 2008 4:52pm Jun 8, 2008 4:52pm
how does the news look for the gbp this week?
  • #90,618
  • Jun 8, 2008 4:56pm Jun 8, 2008 4:56pm
I'll ask again for the third time. Does anyone have DayStartHour values for Pivot Points for InterbankFX (IBFX)??????? THANKS!
Craazy
  • #90,619
  • Jun 8, 2008 5:01pm Jun 8, 2008 5:01pm
U/J's 104.487 holding up the show yo, slap that biatch
Money & Pain Respect the market, protect your capital, be patient
  • #90,620
  • Jun 8, 2008 5:03pm Jun 8, 2008 5:03pm
Quoting toyboy tramp
U/J's 104.487 holding up the show yo, slap that biatch

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