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

  • #93,101
  • Jun 12, 2008 8:49pm Jun 12, 2008 8:49pm
Quoting Clouds
UJ 107.67 and dropping
as soon as i get a close below 107.60 i'm shorting that sucker
  • #93,102
  • Jun 12, 2008 8:50pm Jun 12, 2008 8:50pm
For Orionsway

http://www.forexfactory.com/showthre...99#post2053199
  • #93,103
  • Jun 12, 2008 8:55pm Jun 12, 2008 8:55pm
Quoting lilmoe
as soon as i get a close below 107.60 i'm shorting that sucker

i have a feeling 106.68 would be the most it would go down to...
  • #93,104
  • Jun 12, 2008 8:55pm Jun 12, 2008 8:55pm
Quoting lilmoe
u are right. euro is a turtle, a couple of bad trades won't hurt.
you have right ideas. Just need a little more precise entry. you are doing well.
  • #93,105
  • Jun 12, 2008 9:01pm Jun 12, 2008 9:01pm
Quoting ovaforty
you have right ideas. Just need a little more precise entry. you are doing well.
I had 1.5390 entry for EU, I remembered that number from last time it got there. Others I was a little late though. Hopefully trend continues though London, if not, Ill re-enter later.
  • #93,106
  • Jun 12, 2008 9:04pm Jun 12, 2008 9:04pm
what are your guy's views on gbp/chf?

im short right now
  • #93,107
  • Jun 12, 2008 9:04pm Jun 12, 2008 9:04pm
Quoting lilmoe
we had a 220 pip range the day before, 124 pips yesterday, 75 pips today. so how about a 40 pip range for tomorrow? any thoughts?

44 pips so far :nerd:
  • #93,108
  • Jun 12, 2008 9:07pm Jun 12, 2008 9:07pm
Quoting rogerdoger
what are your guy's views on gbp/chf?

im short right now
That's what I would do, if I were trading it. Down to 2.00
  • #93,109
  • Jun 12, 2008 9:07pm Jun 12, 2008 9:07pm
Quoting lilmoe
44 pips so far :nerd:
You said it earlier man.......if this thing is going to keep behaving like this screw it.........or slap it.......or both...
Patience + Discipline - Greed = Success
  • #93,110
  • Jun 12, 2008 9:15pm Jun 12, 2008 9:15pm
Quoting lilmoe
44 pips so far :nerd:
it's actually 39 pips!
  • #93,111
  • Jun 12, 2008 9:18pm Jun 12, 2008 9:18pm
if this thing doesn't tank, i mean TANK, today.. then it should on monday

Attached Image (click to enlarge)
Click to Enlarge Name: gj_weekly.gif Size: 15 KB
  • #93,112
  • Jun 12, 2008 9:23pm Jun 12, 2008 9:23pm
Sorry this is about AU, not GU, but I wanted share my AU projection, it's my TP, but not a suggestion. Last time AU touched SMA at .90 it went up to .96, now it's at .94-ish touching SMA, so I project it will go to 1.00, but my TP may change. The bad part is it may take 8 weeks.
Attached Image
  • #93,113
  • Jun 12, 2008 9:25pm Jun 12, 2008 9:25pm
Hi Lilmoe

on the m30 what are the pivot points for in relation to the system?

Do you use these when making trading decisions or can you do without?
  • #93,114
  • Jun 12, 2008 9:27pm Jun 12, 2008 9:27pm
Quoting GBPJPYTrader
Hi Lilmoe

on the m30 what are the pivot points for in relation to the system?

Do you use these when making trading decisions or can you do without?

for buy signals, the price has to close (or already be) above the daily pivot. vice versa for sell signals.
  • #93,115
  • Jun 12, 2008 9:32pm Jun 12, 2008 9:32pm
Quoting lilmoe
for buy signals, the price has to close (or already be) above the daily pivot. vice versa for sell signals.
AU is on the daily pivot 0.9386, if it closes, it may help other USD pairs, Perhaps.
  • #93,116
  • Jun 12, 2008 9:33pm Jun 12, 2008 9:33pm
Quoting Clouds
Sorry this is about AU, not GU, but I wanted share my AU projection, it's my TP, but not a suggestion. Last time AU touched SMA at .90 it went up to .96, now it's at .94-ish touching SMA, so I project it will go to 1.00, but my TP may change. The bad part is it may take 8 weeks.
Attachment
Weekly chart shows a serious breach of the 5 sma low. Price is trading below it and also below the previous swing high from November, 2007. More downside is likely until uptrend resumes. retrace up to the 5 sma low will likely bounce on the first attempt.
Attached Image (click to enlarge)
Click to Enlarge Name: aud usd weekly.gif Size: 23 KB
  • #93,117
  • Jun 12, 2008 9:35pm Jun 12, 2008 9:35pm
Quoting lilmoe
for buy signals, the price has to close (or already be) above the daily pivot. vice versa for sell signals.
Hi Lilmoe,

Do you expecting most of gbp pair will fall next week or today?

Thanks
  • #93,118
  • Jun 12, 2008 9:35pm Jun 12, 2008 9:35pm
Quoting ovaforty
Weekly chart shows a serious breach of the 5 sma low. Price is trading below it and also below the previous swing high from November, 2007. More downside is likely until uptrend resumes. retace up to the 5 sma low will likely bounce on the first attempt.
My chart is showing 20 SMA, and last time it bounced off it, but never know. Thanks for info.
  • #93,119
  • Jun 12, 2008 9:37pm Jun 12, 2008 9:37pm
Quoting forex888
Hi Lilmoe,

Do you expecting most of gbp pair will fall next week or today?

Thanks
I believe so.

let's see what our expert says
  • #93,120
  • Jun 12, 2008 9:38pm Jun 12, 2008 9:38pm
Quoting forex888
Hi Lilmoe,

Do you expecting most of gbp pair will fall next week or today?

Thanks

i hope so, loool. but i'm ready either way
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