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

  • #96,321
  • Jun 22, 2008 8:25pm Jun 22, 2008 8:25pm
Quoting Clouds
I dont agree. We are in an uptrend now.
Open the graphs up to the monthly and you'll see the bottom of the long term channel at around 164.xx
  • #96,322
  • Jun 22, 2008 8:26pm Jun 22, 2008 8:26pm
Quoting Rustyyy
LOL, OK, trade what you see.
Im not trading GJ, too slow.
  • #96,323
  • Jun 22, 2008 8:26pm Jun 22, 2008 8:26pm
Quoting quecee5
15min, 30min and 1hr says up a bit, the 4hr hour is still in a down trend. . .
I see 212.15/20 later today then back down. . .

Geez man u hit it within 1 pip...nice job
  • #96,324
  • Jun 22, 2008 8:29pm Jun 22, 2008 8:29pm
Quoting Clouds
Im not trading GJ, too slow.

We really should not be trading anything until london session. Its just gambling when volume is so low
  • #96,325
  • Jun 22, 2008 8:30pm Jun 22, 2008 8:30pm
Quoting Clouds
Im not trading GJ, too slow.
ive been expecting 208 since last week, but i dont want wait 3 weeks for it, other pairs are more profitable atm.
  • #96,326
  • Jun 22, 2008 8:30pm Jun 22, 2008 8:30pm
Quoting alsup1955
We really should not be trading anything until london session. Its just gambling when volume is so low
nah , some good prices during asia session
  • #96,327
  • Jun 22, 2008 8:31pm Jun 22, 2008 8:31pm
Up down up down = =

Right now GJ will correct a bit 211.25, 210.80, 209.50, 208.50 or so then back up to tackle 213.69, 214.50, 216 area then who knows from there. . .

You can make money trading it both ways so who cares which way it goes. Wait for a confirmation then hop on board for the ride. . .

Good luck to all in your trading this week should be fun. . .
  • #96,328
  • Jun 22, 2008 8:32pm Jun 22, 2008 8:32pm
Quoting Rustyyy
You should try taking your t/l a little further back in time on monthly chart. Please take a look.

We can see 174 IF :

1. London get bomb by somebody (I don't think so)
2. Oil reach USD 200, would make major disaster to European Economy.

So at the moment no major issued could make this beast come down. Just a simple observation just take a look at retail sales last week. Increase 3.4 % , buying power increase. This thing will make GBP economy recover soon.

I will agreed if see 209,correction only, then will see 216.
  • #96,329
  • Jun 22, 2008 8:34pm Jun 22, 2008 8:34pm
Quoting PandoraBox
From your chart it show uptrend bro. Strong Uptrend
Until July 2007.
  • #96,330
  • Jun 22, 2008 8:34pm Jun 22, 2008 8:34pm
Quoting Clouds
The downtrend was a correction.
I doubt that. I think, corrections don't have 5 wave structures.
downtrends we had clearly is impulsive moves.
  • #96,331
  • Jun 22, 2008 8:36pm Jun 22, 2008 8:36pm
Quoting alsup1955
Geez man u hit it within 1 pip...nice job



The charts tells us what to do, we do it then wait for th price to go to our TP. . . Simple as that. . .

Good night all should be a great week, that is if you are on the right side of the trade. . .

I'm currently,
Short GJ
Short UJ
Long EU

  • #96,332
  • Jun 22, 2008 8:43pm Jun 22, 2008 8:43pm
Quoting quecee5


The charts tells us what to do, we do it then wait for th price to go to our TP. . . Simple as that. . .

Good night all should be a great week, that is if you are on the right side of the trade. . .

I'm currently,
Short GJ
Short UJ
Long EU



Sleep loose man.... Wake up to green pips....sweetttttttttttt
  • #96,333
  • Jun 22, 2008 8:44pm Jun 22, 2008 8:44pm
Quoting quecee5


The charts tells us what to do, we do it then wait for th price to go to our TP. . . Simple as that. . .

Good night all should be a great week, that is if you are on the right side of the trade. . .

I'm currently,
Short GJ
Short UJ
Long EU

GN Q,

see you tomorrow.
  • #96,334
  • Jun 22, 2008 8:44pm Jun 22, 2008 8:44pm
Quoting alsup1955
Geez man u hit it within 1 pip...nice job
the cheater was thinking 4h 5sma
  • #96,335
  • Jun 22, 2008 8:44pm Jun 22, 2008 8:44pm
Quoting PandoraBox
We can see 174 IF :

1. London get bomb by somebody (I don't think so)
2. Oil reach USD 200, would make major disaster to European Economy.

So at the moment no major issued could make this beast come down. Just a simple observation just take a look at retail sales last week. Increase 3.4 % , buying power increase. This thing will make GBP economy recover soon.

I will agreed if see 209,correction only, then will see 216.
Do you actually beleive that number? Have you heard of cooking the books?
  • #96,336
  • Jun 22, 2008 8:46pm Jun 22, 2008 8:46pm
Quoting lilmoe
the cheater was thinking 4h 5sma
I thought he was going for 1hr gann.
  • #96,337
  • Jun 22, 2008 8:48pm Jun 22, 2008 8:48pm
Quoting ultimate
Do you actually beleive that number? Have you heard of cooking the books?

Can't believe any report any more. Just read the charts.....
  • #96,338
  • Jun 22, 2008 8:49pm Jun 22, 2008 8:49pm
Quoting PandoraBox
We can see 174 IF :

1. London get bomb by somebody (I don't think so)
2. Oil reach USD 200, would make major disaster to European Economy.

So at the moment no major issued could make this beast come down. Just a simple observation just take a look at retail sales last week. Increase 3.4 % , buying power increase. This thing will make GBP economy recover soon.

I will agreed if see 209,correction only, then will see 216.
Depends on how much correlation these days to US. Dow is tanking daily and quite possible on its way to 10,000. Oil is killing US economy, retail sales an abberation that probably won't be repeated, inflation, etc. etc.
And lets not forget the upcoming election.

IMO the beast in for a major drop before any kind of serious bull action.
History is written by the victors.
  • #96,339
  • Jun 22, 2008 8:58pm Jun 22, 2008 8:58pm
Quoting chonchy
welcomback man I hope you enjoe your hoonymoon, are the keys still the same for you?
Thnks, yeah man it was great..Islandmorada, FL like I never left..same great spots and some new resturants (new to me). I ate more seafood than I do in 6 months here in New York. Sucks to leave.
  • #96,340
  • Jun 22, 2008 9:00pm Jun 22, 2008 9:00pm
Quoting quecee5
Up down up down = =

Right now GJ will correct a bit 211.25, 210.80, 209.50, 208.50 or so then back up to tackle 213.69, 214.50, 216 area then who knows from there. . .

You can make money trading it both ways so who cares which way it goes. Wait for a confirmation then hop on board for the ride. . .

Good luck to all in your trading this week should be fun. . .
brilliantly said!
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