once it closes below DP watch the sucker DROP.
i will post my crapper once that happens.
ps: it might stay a bit stubborn, untill cable gets to 1.9816
i'll short cable from there
Thanks.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #95,922
- Jun 20, 2008 6:52am Jun 20, 2008 6:52am
- Joined Jan 2007 | Status: Trader | 3,719 Posts
Nihil Sine Deo.
- #95,925
- Jun 20, 2008 6:57am Jun 20, 2008 6:57am
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
4xtraders order seemed to quickly absorbed this AM GL to him
- #95,926
- Jun 20, 2008 6:58am Jun 20, 2008 6:58am
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
hi all
- #95,928
- Jun 20, 2008 7:03am Jun 20, 2008 7:03am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
I was thinking the same this morning when I woke up and looked at the price. Either his instituitional orders didn't materialize or has been easily absorbed by the market. If the latter is true, we would really see the dooms day is coming very soon
Yes most these institutional firms are the ones left holding the bag, last to the party, since their systems are slow to engage, the real money sets the trend, tops bottoms with huge orders, buying/selling his order sizes x20 every hour then a massive order and then its exhausted. then they wait sell or buy into bull bear rallies, at least thats my perception of the real money
"Millionaires don't use astrology, billionaires do"
- #95,929
- Jun 20, 2008 7:09am Jun 20, 2008 7:09am
- | Joined Jun 2008 | Status: Forum Analysis | 95 Posts
Hello all!!!
I'm kinda beginner, who could answer me if GBPJPY is still bearish? it slowly went down from 213.3 to 212.3, it is already 100 pips, maybe is time to go long again
? Advices are welcome, and don't worry I will not give to anybody the responsibility of the answer, all I have is a micro account for learning porpoises.
thanks to all
I'm kinda beginner, who could answer me if GBPJPY is still bearish? it slowly went down from 213.3 to 212.3, it is already 100 pips, maybe is time to go long again
? Advices are welcome, and don't worry I will not give to anybody the responsibility of the answer, all I have is a micro account for learning porpoises. thanks to all
- #95,930
- Jun 20, 2008 7:15am Jun 20, 2008 7:15am
Hello all!!!
I'm kinda beginner, who could answer me if GBPJPY is still bearish? it slowly went down from 213.3 to 212.3, it is already 100 pips, maybe is time to go long again
thanks to all
- #95,931
- Jun 20, 2008 7:18am Jun 20, 2008 7:18am
- Joined Apr 2008 | Status: Trader | 7,674 Posts
Hello all!!!
I'm kinda beginner, who could answer me if GBPJPY is still bearish? it slowly went down from 213.3 to 212.3, it is already 100 pips, maybe is time to go long again
thanks to all
- #95,932
- Jun 20, 2008 7:20am Jun 20, 2008 7:20am
- Joined Jan 2007 | Status: Trader | 3,719 Posts
according to my strategy, it is not time to open new positions now. longs can be established on a break of 212.90; shorts, if the current downward channel is broken to the downside.
i would say the actual configuration is a bull flag until proven otherwise.
i would say the actual configuration is a bull flag until proven otherwise.
Hello all!!!
I'm kinda beginner, who could answer me if GBPJPY is still bearish? it slowly went down from 213.3 to 212.3, it is already 100 pips, maybe is time to go long again
thanks to all
Nihil Sine Deo.
- #95,933
- Jun 20, 2008 7:22am Jun 20, 2008 7:22am
- Joined Oct 2007 | Status: Counter Trend, but not always! | 2,147 Posts
cross hairs @ 9780 i shorted there, worth a shot
above that 9794
well actual entry 8775
106.60 seems like a clear shot for yen atm
According to my chart earlier I think we are in the reversal area for GU. I start placing shorts targeting 1st= 1.9670 2nd= 1.9580 and 3rd probable target = 1.9480
GBPCHF has already completed a %50 fib retrace. I'll close my short and wait for a candle close above 50 EMA H1 chart to enter long targeting previous high.
Cheers
Discipline + Patience - Fear - Greed = Success
- #95,939
- Jun 20, 2008 7:41am Jun 20, 2008 7:41am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"