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

  • #93,221
  • Jun 13, 2008 4:19am Jun 13, 2008 4:19am
Quoting Scrat
looks like we have another consolidation, but a little bit higher. awesome, i can go back to sleep.
i'd like to think this wasn't just a small fart to the upside.
and where is everybody????

thanks alot...
  • #93,222
  • Jun 13, 2008 4:20am Jun 13, 2008 4:20am
karmo I agree with you on G/U... Whats your short term thought? I think a nice move to maybe 1.9430 or so to retest the low again soon.
Craazy
  • #93,223
  • Jun 13, 2008 4:22am Jun 13, 2008 4:22am
Quoting karmostaji
It looks like a fake breakout but let's just watch this crazy PA
if i wasn't following my system (like i was last week) i would go short. this surely looks like a bull trap. but who knows.
  • #93,224
  • Jun 13, 2008 4:23am Jun 13, 2008 4:23am
Quoting lilmoe
if i wasn't following my system (like i was last week) i would go short. this surely looks like a bull trap. but who knows.
I also have a bearish harmonic pattern on my 1H chart, so I feel hesitant going long

I'll just wait
Trade what you see, not what you think.
  • #93,225
  • Jun 13, 2008 4:24am Jun 13, 2008 4:24am
Today the Dow will bounce and making Yen pair to rise.

All for one, one for all..
  • #93,226
  • Jun 13, 2008 4:26am Jun 13, 2008 4:26am
Anyone else thinking GU to 1.9430 or am I a lone ranger
Craazy
  • #93,227
  • Jun 13, 2008 4:30am Jun 13, 2008 4:30am
euro's 2nd TP hit (75 pips)
  • #93,228
  • Jun 13, 2008 4:31am Jun 13, 2008 4:31am
Quoting craazy
Anyone else thinking GU to 1.9430 or am I a lone ranger
i see GU going up to 1.96+ or even to the weekly pivot
  • #93,229
  • Jun 13, 2008 4:32am Jun 13, 2008 4:32am
Quoting lilmoe
missed my buy limit by 5 pips
  • #93,230
  • Jun 13, 2008 4:37am Jun 13, 2008 4:37am
morning pip makers

...red hot or just luke-warm One man has inside knowledge

http://z.about.com/d/politicalhumor/...n_bernanke.gif
  • #93,231
  • Jun 13, 2008 4:37am Jun 13, 2008 4:37am
G8 meeting, stocks in asia except a small rebound in Nik after big drop are down as well, europe is down across the board, risk levels are elevated, VIX is up, uncertainty with the earnings next week out of Lehmnan's, dow futures are down as well, we are very near a huge pchycological bearier on the dow, the trendline is all he way from 1974, next realistic support is thousands pips away, what the F%$@#%^$@?????? Are all of the risk assesment models dead?! Now, I'm not even mentioning seloff, but a simple reduction in positions going into the weekend is standart practice....
This is a complete and utter insanity, insanity.... If this is normal than I"m just at a loss for words what would be considered abnormal, this is pure ignorance and trading based on hope, not facts, but the markets can stay irrational for much longer than a normal person can stay sane, ohh and on top of all that euppy is going down while guppy is going up, hmmm I think somebody is switching carries, euppy has beeen dragged to the insane height, I guess now is the guppies turn, ok common, let's do it I really want to enjoy this crazy balancing act on the edge of a cliff...
  • #93,232
  • Jun 13, 2008 4:37am Jun 13, 2008 4:37am
what happened?

Quoting lilmoe
Nihil Sine Deo.
  • #93,233
  • Jun 13, 2008 4:38am Jun 13, 2008 4:38am
this is for Euro


Attached Image
  • #93,234
  • Jun 13, 2008 4:39am Jun 13, 2008 4:39am
Quoting Scrat
what happened?
price missed my buy limit by 5 pips

and now look at that thing shooting up
  • #93,235
  • Jun 13, 2008 4:42am Jun 13, 2008 4:42am
ok gene, since you turned bullish... time for me to watch for a reversal .
i'm just kidding. nothing is normal nowadays.

Quoting gene22
G8 meeting, stocks in asia except a small rebound in Nik after big drop are down as well, europe is down across the board, risk levels are elevated, VIX is up, uncertainty with the earnings next week out of Lehmnan's, dow futures are down as well, we are very near a huge pchycological bearier on the dow, the trendline is all he way from 1974, next realistic support is thousands pips away, what the F%$@#%^$@?????? Are all of the risk assesment models dead?! Now, I'm not even mentioning seloff, but a simple reduction in positions going into the weekend is standart practice....
This is a complete and utter insanity, insanity.... If this is normal than I"m just at a loss for words what would be considered abnormal, this is pure ignorance and trading based on hope, not facts, but the markets can stay irrational for much longer than a normal person can stay sane, ohh and on top of all that euppy is going down while guppy is going up, hmmm I think somebody is switching carries, euppy has beeen dragged to the insane height, I guess now is the guppies turn, ok common, let's do it I really want to enjoy this crazy balancing act on the edge of a cliff...
Nihil Sine Deo.
  • #93,236
  • Jun 13, 2008 4:42am Jun 13, 2008 4:42am
Quoting lilmoe
price missed my buy limit by 5 pips

and now look at that thing shooting up
It's Friday, it's better to just watch lol
Trade what you see, not what you think.
  • #93,237
  • Jun 13, 2008 4:44am Jun 13, 2008 4:44am
Quoting mktjong
I see somebody's EU short is hurting .. who is it?

huh?
  • #93,238
  • Jun 13, 2008 4:45am Jun 13, 2008 4:45am
Quoting karmostaji
It's Friday, it's better to just watch lol
did u get stopped out bro?

  • #93,239
  • Jun 13, 2008 4:47am Jun 13, 2008 4:47am
Quoting lilmoe
did u get stopped out bro?

I've been waiting for days for this crap to close below 4h gann, so till then I'll just watch and no I ain't going long
Trade what you see, not what you think.
  • #93,240
  • Jun 13, 2008 4:50am Jun 13, 2008 4:50am
Quoting karmostaji
I've been waiting for days for this crap to close below 4h gann, so till then I'll just watch and no I ain't going long

i hear ya! this thing is rejecting Tuesday's high. would u consider a long if that's breached?
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