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

  • #92,341
  • Jun 11, 2008 12:03pm Jun 11, 2008 12:03pm
Quoting Clouds
I do see it, but 1.93 is strong support over a long time. I'd be bearish if I didn't look at monthly chart. But you are right, trend line needs to break to be more certain. I'm not holding longs for a long time or anything.
you are correct. Until we see a breakout you can make pips in either direction.
  • #92,342
  • Jun 11, 2008 12:04pm Jun 11, 2008 12:04pm
reversed my trades at 210
  • #92,343
  • Jun 11, 2008 12:04pm Jun 11, 2008 12:04pm
Here comes the breakout Up.
  • #92,344
  • Jun 11, 2008 12:06pm Jun 11, 2008 12:06pm
30 min gan closed above and qqe crossed up
  • #92,345
  • Jun 11, 2008 12:07pm Jun 11, 2008 12:07pm
also broke above trend line on 30 min
  • #92,346
  • Jun 11, 2008 12:07pm Jun 11, 2008 12:07pm
retesting trendline as we speak
  • #92,347
  • Jun 11, 2008 12:07pm Jun 11, 2008 12:07pm
Quoting vinesh2
Man DOW and GJ have lost completely lost correlation. its kicking my ass just as it did in Dec last year. I hope I dont suffer the same way as I did last Dec. just getting tired of this stuff
Dow could go down 500 pts today.

G/Y will probably rally up 1000 pips.

Complete disconnection.
  • #92,348
  • Jun 11, 2008 12:08pm Jun 11, 2008 12:08pm
There is still a lot of dumb money getting long this Geppy now, big boys are smiling (include me) and wait till the right moment to act and tank u go or tango.. all dumb money stoploss shall help the acceleration a lot faster ..
  • #92,349
  • Jun 11, 2008 12:10pm Jun 11, 2008 12:10pm
Quoting mktjong
What broker is it that has QIT? I never knew it was exist, thought only TIW ..
JK
  • #92,350
  • Jun 11, 2008 12:10pm Jun 11, 2008 12:10pm
30 min chart
Attached Image (click to enlarge)
Click to Enlarge Name: 209.gif Size: 28 KB
  • #92,351
  • Jun 11, 2008 12:10pm Jun 11, 2008 12:10pm
Quoting ovaforty
clouds, look at your price action. you see a pin bar followed by a rise then you see an evening star reversal pattern. Price action shows trading below the previous candle.
Yes I see it, but it could go up further today, as I'm long euro also, and I wo't change my trades until I get stopped out. Made that mistake before.
  • #92,352
  • Jun 11, 2008 12:11pm Jun 11, 2008 12:11pm
told you sooo

Quoting lilmoe
reversed my trades at 210
Nihil Sine Deo.
  • #92,353
  • Jun 11, 2008 12:11pm Jun 11, 2008 12:11pm
Quoting malcolmb14
with todays market it is QIT ... QIT trading

lol
  • #92,354
  • Jun 11, 2008 12:13pm Jun 11, 2008 12:13pm
Quoting Scrat
told you sooo
oh come on, 38 x3 pips aint that big of a loss
  • #92,355
  • Jun 11, 2008 12:14pm Jun 11, 2008 12:14pm
Quoting Scrat
told you sooo
btw you little traitor, you should've told me about that stupid bull flag
  • #92,356
  • Jun 11, 2008 12:14pm Jun 11, 2008 12:14pm
Quoting mktjong
There is still a lot of dumb money getting long this Geppy now, big boys are smiling (include me) and wait till the right moment to act and tank u go or tango.. all dumb money stoploss shall help the acceleration a lot faster ..
Depends on how far you want to take this long. Short term definitely looks good to me. Just look at the charts.
  • #92,357
  • Jun 11, 2008 12:19pm Jun 11, 2008 12:19pm
UJ hasn't broken downtrend trend line, and already long?
Attached Image
  • #92,358
  • Jun 11, 2008 12:20pm Jun 11, 2008 12:20pm
Quoting Clouds
Yes I see it, but it could go up further today, as I'm long euro also, and I wo't change my trades until I get stopped out. Made that mistake before.
you are correct for today. we will get a good trigger shortly when the beige book is released. After triple interest is paid things may be different. I am projecting a longer term trade and you are projecting a short term. We could be both correct.
  • #92,359
  • Jun 11, 2008 12:22pm Jun 11, 2008 12:22pm
http://www.marketwatch.com/news/stor...028C7FA9F88%7D

Better read all this ... I am out of my long once triple interest is paid .. what time is that ???

This news should be sinking the markets
Blogging daily now at www.volume.zone
  • #92,360
  • Jun 11, 2008 12:24pm Jun 11, 2008 12:24pm
Quoting malcolmb14
http://www.marketwatch.com/news/stor...028C7FA9F88%7D

Better read all this ... I am out of my long once triple interest is paid .. what time is that ???

This news should be sinking the markets
Thanks for the heads up. it is till 5:00est I think.
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