Auslanco - GBP/JPY and GBP/USD (newstrade)
- #93,842
- Jun 15, 2008 9:03pm Jun 15, 2008 9:03pm
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
wot you smoking ???
yen and gold getting snot kicked out of them last week ... likely will continue into this week. use 4 hour chart and 50 sma ..... gold both under the 50 sma , usdjpy way above it .... how does this make JPY or GOLD strong ????
Malcolmb, I'm surprised you bit!! Every time I start to hit my ignore button, I remember how much fun he is. You guys sure don't make me laugh that much... 
FUBAR...
- #93,845
- Jun 15, 2008 9:42pm Jun 15, 2008 9:42pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #93,846
- Jun 15, 2008 9:43pm Jun 15, 2008 9:43pm
gj moving up to next fib extension 212.2 after breaking 210.80.
we could well see 213.74 test in the next day or so .
This all depends what , if any , carnage , the Lehman bros earnings place on the markets tomorrow ( earnings due up at 5:15 am pst)
- #93,847
- Jun 15, 2008 9:44pm Jun 15, 2008 9:44pm
- Joined Jan 2007 | Status: Trader | 3,719 Posts
Nihil Sine Deo.
- #93,849
- Jun 15, 2008 9:52pm Jun 15, 2008 9:52pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Short gbp/chf 2.0400.
good luck ... the formation on the 5m in is a slight bull flag.
30 min chart ... draw 50 sma ..... it is trending up and we are above it.
We completed a bull flag on the 30 min chart Friday and brokle out of the top of this flag today.
If gbpchf tests 2.0500 , this will also be the test of a very long term bull flag dating back from April of this year. It could also be the break out of the top of a handle on a 3 month cup and handle formation.
Not ONLY that but o nthe 60 min we are above the daily pivot , the 50 sma and the top of a 50 sma envelope and we are in an uptrend.
Hence the good luck ...
oh I forgot to mention ... 60 min also has a rapid rsi buy trigger.
I see at least 2.0500 test tonight.
Blogging daily now at www.volume.zone
- #93,850
- Jun 15, 2008 9:56pm Jun 15, 2008 9:56pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #93,853
- Jun 15, 2008 10:13pm Jun 15, 2008 10:13pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #93,859
- Jun 15, 2008 11:43pm Jun 15, 2008 11:43pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
good morning traders i hope every body had a great weekend
The Chonchy
- #93,860
- Jun 15, 2008 11:48pm Jun 15, 2008 11:48pm
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
Malcolm, had kind of forgotten about the lehman thing, thanks for the reminder. 
FUBAR...