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

  • #97,121
  • Jun 26, 2008 6:41am Jun 26, 2008 6:41am
Quoting ovaforty
Sure looks like an uptrend.... hmmmm, smells like an uptrend......oh, wait a minute, we cant be in an uptrend!.... Can we?
Its up to GU
  • #97,122
  • Jun 26, 2008 6:43am Jun 26, 2008 6:43am
Quoting ovaforty
Sure looks like an uptrend.... hmmmm, smells like an uptrend......oh, wait a minute, we cant be in an uptrend!.... Can we?



Looks like an uptrend to me. . .

214.50 then 216.20/40 area next stop. . .

Enjoy my friend!
  • #97,123
  • Jun 26, 2008 6:48am Jun 26, 2008 6:48am
Quoting quecee5


Looks like an uptrend to me. . .

214.50 then 216.20/40 area next stop. . .

Enjoy my friend!
Best to buy the dips in this uptrend - IMO!
  • #97,124
  • Jun 26, 2008 6:50am Jun 26, 2008 6:50am
GU up 150 pips so far today, hope some went long on it.
  • #97,125
  • Jun 26, 2008 6:57am Jun 26, 2008 6:57am
Quoting ovaforty
Sure looks like an uptrend.... hmmmm, smells like an uptrend......oh, wait a minute, we cant be in an uptrend!.... Can we?
Dunno about that one!
  • #97,126
  • Jun 26, 2008 6:59am Jun 26, 2008 6:59am
Quoting forexmoments
Dunno about that one!
let's take a vote.

I vote for uptrend.
  • #97,127
  • Jun 26, 2008 7:02am Jun 26, 2008 7:02am
Quoting ovaforty
let's take a vote.

I vote for uptrend.
214.50 is the next stop which says uptrend. . .
Might see a slight pull back then a blast up, Thursday's have seen up moves lately toward mid to late session. . . But the trend clearly looks up to me. One push up by UJ and this thing will fly. . .

I guess we will see what happens as always. . .
  • #97,128
  • Jun 26, 2008 7:05am Jun 26, 2008 7:05am
Wow equity market crash coming today and where is GJ? going to the moon hmmm looks familiar yep happened back in DEC geppy lost correlation with DOW.
  • #97,129
  • Jun 26, 2008 7:42am Jun 26, 2008 7:42am
Quoting vinesh2
Wow equity market crash coming today and where is GJ? going to the moon hmmm looks familiar yep happened back in DEC geppy lost correlation with DOW.
The co-relation right now is the opposite .. unbelievable ..
  • #97,130
  • Jun 26, 2008 7:44am Jun 26, 2008 7:44am
Quoting mktjong
The co-relation right now is the opposite .. unbelievable ..
hmmm jobless claims up again
same with carries

this number is quite bad guys, Dow's looking at a 100+ point gap down tonight
  • #97,131
  • Jun 26, 2008 7:51am Jun 26, 2008 7:51am
A Potential reversal is setting up in the GBPUSD and the GBPJPY pairs.
The GBPJPY could go up to 215 before a reversal.
Lets see what she gives.

Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD-BearishCrab.jpg Size: 173 KB
Click to Enlarge Name: GBPUSD-BearishButterfly.jpg Size: 180 KB
Click to Enlarge Name: GBPJPY-Bearish Butterfly.jpg Size: 155 KB
  • #97,132
  • Jun 26, 2008 7:51am Jun 26, 2008 7:51am
Quoting Eulogy
hmmm jobless claims up again
same with carries

this number is quite bad guys, Dow's looking at a 100+ point gap down tonight
They shut down all their senses and closed their eyes as well and just drive forward .. what can we say .. they are the bulldozer ..
  • #97,133
  • Jun 26, 2008 7:54am Jun 26, 2008 7:54am
i expect some weakness(news) with JPY..it should take all jpy pairs up!
  • #97,134
  • Jun 26, 2008 8:03am Jun 26, 2008 8:03am
Quoting Srikanth
i expect some weakness(news) with JPY..it should take all jpy pairs up!

which pieces of data are you expecting to be bad, and whats your reasoning for your prediction?

who knows, if this news decoupling continues and spreads you might even seen the jpy do the same thing. BOJ lowers rates to 0%. yen takes off to

80 vs Usd
80 vs Aud
130 vs Eur
165 vs Gbp
88 vs Cad
  • #97,135
  • Jun 26, 2008 8:28am Jun 26, 2008 8:28am
Quoting mktjong
They shut down all their senses and closed their eyes as well and just drive forward .. what can we say .. they are the bulldozer ..
Do you remember the movie "THE BOILER ROOM"? It is all about the money, nothing personal.

BTW, I was watching last nite TL rejection (Shampoo formation) on Japaneese Yen INDEX, and thanks to FEDS, YEN strengtened. I still believe that we are on the TOP now, at least a nice retracement is requred..

(you know ... I am running 2 married short position, and 2 casual Long.. just for FUN (scalping)

http://www.doske.com/Charts/yen.png
  • #97,136
  • Jun 26, 2008 8:37am Jun 26, 2008 8:37am
well now that you all decided it's an uptrend, 1000 pips afer screaming "its about to crash", I am out with my profits. Will check lower if it's time to buy again



PS: eyes on 209 or so
  • #97,137
  • Jun 26, 2008 8:49am Jun 26, 2008 8:49am
Quoting Piters
Do you remember the movie "THE BOILER ROOM"? It is all about the money, nothing personal.

BTW, I was watching last nite TL rejection (Shampoo formation) on Japaneese Yen INDEX, and thanks to FEDS, YEN strengtened. I still believe that we are on the TOP now, at least a nice retracement is requred..

(you know ... I am running 2 married short position, and 2 casual Long.. just for FUN (scalping)
They may have their ultimate goal reached at around 217 before a big reversal .. I have hedged my positions now and playing other pairs instead
  • #97,138
  • Jun 26, 2008 8:51am Jun 26, 2008 8:51am
here I am again with another question if the usd is down what does that do for the e/u ?
  • #97,139
  • Jun 26, 2008 8:54am Jun 26, 2008 8:54am
Quoting pip mom
here I am again with another question if the usd is down what does that do for the e/u ?
E/u shall be up in most cases ..
  • #97,140
  • Jun 26, 2008 8:57am Jun 26, 2008 8:57am
thank you
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