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

  • #92,761
  • Jun 12, 2008 8:40am Jun 12, 2008 8:40am
Quoting VEC
it looks to me like the triangle is broken to the downside

whats your take on how i have drawn those blue lines?
Is that the hourly chart? If so, it means nothing.
  • #92,762
  • Jun 12, 2008 8:41am Jun 12, 2008 8:41am
Quoting ovaforty
Is that the hourly chart? If so, it means nothing.
15min

why would it mean nothing?
  • #92,763
  • Jun 12, 2008 8:43am Jun 12, 2008 8:43am
Daily Geppy chart trendline has not been broken.
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  • #92,764
  • Jun 12, 2008 8:43am Jun 12, 2008 8:43am
a Good move will be in play for Geppy.
  • #92,765
  • Jun 12, 2008 8:44am Jun 12, 2008 8:44am
Quoting VEC
15min

why would it mean nothing?
Trading short time frames for Geppy is casino odds and gambling. The big boys will eat your stop losses.
  • #92,766
  • Jun 12, 2008 8:47am Jun 12, 2008 8:47am
Quoting Clouds
euro got to 5390 makes me think the usd buying has come to an end for now, im long eur/usd and short usd/jpy, until further notice
nevermind
  • #92,767
  • Jun 12, 2008 8:47am Jun 12, 2008 8:47am
The monthly and weekly chart will tell you where the pair has been, where it is now, and where it wants to go.
  • #92,768
  • Jun 12, 2008 8:49am Jun 12, 2008 8:49am
Quoting ovaforty
Trading short time frames for Geppy is casino odds and gambling. The big boys will eat your stop losses.

im not trading short term, ive been moving back and forth between the size of my shorts for i´d say around 6month now. it was just a litte short term observation
  • #92,769
  • Jun 12, 2008 8:49am Jun 12, 2008 8:49am
The market is in INSANE mode

  • #92,770
  • Jun 12, 2008 8:51am Jun 12, 2008 8:51am
Quoting mktjong
The market is in INSANE mode

Yep, my sideline seat is pretty damn comfortable.

  • #92,771
  • Jun 12, 2008 8:53am Jun 12, 2008 8:53am
Yea baby come to papa.
  • #92,772
  • Jun 12, 2008 8:54am Jun 12, 2008 8:54am
Thank you Sharoodi and Piters. I never asked for it, but it is appreciated...
  • #92,773
  • Jun 12, 2008 8:55am Jun 12, 2008 8:55am
Quoting Rustyyy
Yep, my sideline seat is pretty damn comfortable.


well done.
  • #92,774
  • Jun 12, 2008 8:56am Jun 12, 2008 8:56am
Quoting Rustyyy
Yep, my sideline seat is pretty damn comfortable.

I hear that but my butt is falling asleep from sitting on the sidelines for so long lol
  • #92,775
  • Jun 12, 2008 8:58am Jun 12, 2008 8:58am
Quoting lilmoe
i'm gonna sit back, and WATCH this thing do the same exact pattern it started back in november 1st of last year for a week (3-4 days remaining now)

the time interval is perfect. the timing is right. and i think the fall is absolute.
statement still holds as long as we don't get high higher than yesterday's.
  • #92,776
  • Jun 12, 2008 9:00am Jun 12, 2008 9:00am
long euro long! get up there
  • #92,777
  • Jun 12, 2008 9:03am Jun 12, 2008 9:03am
ok guys,

I just went long so guppy should fall.
  • #92,778
  • Jun 12, 2008 9:06am Jun 12, 2008 9:06am
usd/jpy is approaching my sell zone above 108
  • #92,779
  • Jun 12, 2008 9:06am Jun 12, 2008 9:06am
Quoting lilmoe
statement still holds as long as we don't get high higher than yesterday's.
That is the key for this week.

I am playing it safe. Long over 211.00.

Short below 209.00.

I know it is a big range but way too many false breakouts and market is weird.

Hope everyone is making money this week.

Oh and by the way I ws stopped out on my USD/JPY trade which was stupid anyway.....

But I did reverse and go long for B/E.
  • #92,780
  • Jun 12, 2008 9:08am Jun 12, 2008 9:08am
U/J looks to be on its way to 108.2-.30 area. were it found tough resistance back in February. This could bounce down from this area and possibly bring GJ with it. UJ is what I am going to watch closely.
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