Dislikedright now, my charts are saying a test of DP. i'm not sure if it will be breached. but i'm also showing a retest of a daily TL (weekly TL actually), that was breached by yesterday's daily candle at or close to 212 area give or take 10 pips.
moms are down, and daily 5sma at 212.09.
i see LOTS of supports at 212 - 212.30 area. i also have 1h 50ema around 212, will be a bit higher in a couple of hours.
i will reload my shorts if we breach all that. it should be around the DPIgnored
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #95,702
- Jun 19, 2008 7:29pm Jun 19, 2008 7:29pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Go ahead retail traders short now and you will cry l8r we're planning to go long once again on or b4 European Market opens so watch out another 100 pips or so to the upside, its to you if you want to make money both in trading as well as the int swap everyday by this "holy grail" pair!
Just an info and not a reco!
I am not a retail trader. I am an Institutional Trader just like you
. Who do you think is forming this bull flag.
Blogging daily now at www.volume.zone
- #95,703
- Jun 19, 2008 7:36pm Jun 19, 2008 7:36pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #95,704
- Jun 19, 2008 7:44pm Jun 19, 2008 7:44pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
Wow .. the "Einstein guy" talking again .. he surely pours on cold water again on us .. 
- #95,705
- Jun 19, 2008 7:53pm Jun 19, 2008 7:53pm
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Wow .. the "Einstein guy" talking again .. he surely pours on cold water again on us ..
Patience + Discipline - Greed = Success
- #95,706
- Jun 19, 2008 7:57pm Jun 19, 2008 7:57pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
- #95,707
- Jun 19, 2008 8:11pm Jun 19, 2008 8:11pm
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
Yeah.. bro, what can we do? ..
- #95,708
- Jun 19, 2008 8:26pm Jun 19, 2008 8:26pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
Well we certainly can't trade against them and win although depositors in some circumstances have significant power against the insto's. Remember the Bear Stearns BS
- #95,709
- Jun 19, 2008 9:14pm Jun 19, 2008 9:14pm
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
Let's do a coordination sell among us ..we can call our friends in the banks for help. Take out all of our savings and standby to hit sell button, if the price goes higher every 5 pips, we sell 100 lots until all of our 2-3 yards been executed...
co-ordinated Retail intervention
- #95,710
- Jun 19, 2008 9:16pm Jun 19, 2008 9:16pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
sup all...
- #95,712
- Jun 19, 2008 9:23pm Jun 19, 2008 9:23pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
this is one boring move down, and one ugly bull flag...
whats up bro.
- #95,713
- Jun 19, 2008 9:24pm Jun 19, 2008 9:24pm
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Patience + Discipline - Greed = Success
- #95,714
- Jun 19, 2008 9:26pm Jun 19, 2008 9:26pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
this is one boring move down, and one ugly bull flag...
whats up bro.
- #95,715
- Jun 19, 2008 9:26pm Jun 19, 2008 9:26pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #95,719
- Jun 19, 2008 9:32pm Jun 19, 2008 9:32pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
We are going to hit my TP of 212.00
We need Vinesh to break out the "HAMMER!"
- #95,720
- Jun 19, 2008 9:33pm Jun 19, 2008 9:33pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts