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

  • #97,161
  • Jun 26, 2008 10:05am Jun 26, 2008 10:05am
Hola everybody! I agree with Q that a pullback should be to ~ 212.80 that is 38.2% fib level and also DP 1 pip lower, but the beast loves 50% retrace so 212.48 would be fib level that might be touched and then a bounce up. Lets watch price action around these levels with patience

Cheers
  • #97,162
  • Jun 26, 2008 10:14am Jun 26, 2008 10:14am
Quoting pr0spero
<hint hint>

check out EUR/AUD as well. Nice swing trade with low R/R
Can you give more analysis on this pair? Its been ranging and now a break upward a bit... I am hoping for a big downward movement soon.
Sorry to be off topic...
  • #97,163
  • Jun 26, 2008 10:17am Jun 26, 2008 10:17am
Q are we seeing a downward movemt on 4hr ZLS looks like Momentum and ZLS have a bearish angle.
  • #97,164
  • Jun 26, 2008 10:26am Jun 26, 2008 10:26am
Quoting quecee5
I think it's just a minor pull back before going up again. . . GU will see 2.000 in the coming days which will take GJ up to it's next target at 214.50/90 area. . . 212.50-80 should be where it should rest before headng back north.

Wow i just wonder why you think that gu up then gj up also ...

Don't forget .to separate nation's currency
  • #97,165
  • Jun 26, 2008 10:32am Jun 26, 2008 10:32am
Quoting samclider
Wow i just wonder why you think that gu up then gj up also ...

Don't forget .to separate nation's currency
Dude GBP/USD and GBP/YEN.... The pound can go up against the USD and YEN at the same time you know.
  • #97,166
  • Jun 26, 2008 10:38am Jun 26, 2008 10:38am
Quoting Evilgoat
Dude GBP/USD and GBP/YEN.... The pound can go up against the USD and YEN at the same time you know.
No.I am fool of the world . )
  • #97,167
  • Jun 26, 2008 10:41am Jun 26, 2008 10:41am
Quoting samclider
No.I am fool of the world . )
ok just checking it's hard to tell when people are joking sometimes.
  • #97,168
  • Jun 26, 2008 10:44am Jun 26, 2008 10:44am
One important thing to consider:

End of Month:
End of Quarter:
Profits will be taken for the books.
  • #97,169
  • Jun 26, 2008 10:46am Jun 26, 2008 10:46am
Quoting Evilgoat
ok just checking it's hard to tell when people are joking sometimes.

....Big Joke right
  • #97,170
  • Jun 26, 2008 10:46am Jun 26, 2008 10:46am
213.80 region is a pretty good resistence area end of June and beginning of July Weekley chart
  • #97,171
  • Jun 26, 2008 10:49am Jun 26, 2008 10:49am
Quoting vinesh2
213.80 region is a pretty good resistence area end of June and beginning of July Weekley chart
This daily close will be solid for a trade if we get a bearish one. That resistance is where people started piling up shorts now so I'd look to see a good move down depending on the close of day. If not, then I still have my long positions in. Good luck in your trades everyone.
I dream, therefore I become.
  • #97,172
  • Jun 26, 2008 10:54am Jun 26, 2008 10:54am
Quoting mike w
This daily close will be solid for a trade if we get a bearish one. That resistance is where people started piling up shorts now so I'd look to see a good move down depending on the close of day. If not, then I still have my long positions in. Good luck in your trades everyone.
Good luck to you too Mike...
Patience + Discipline - Greed = Success
  • #97,173
  • Edited 11:13am Jun 26, 2008 10:55am | Edited 11:13am
Quoting pip mom
I need to make $$$$$ My hubby is going to withdraw my allowance
Go to www.babypips.com and read some tutorials or go to the forum for newbies on forex factory forum
  • #97,174
  • Jun 26, 2008 10:55am Jun 26, 2008 10:55am
EDIT: July and June 2006
  • #97,175
  • Jun 26, 2008 10:55am Jun 26, 2008 10:55am
Quoting samclider
Wow i just wonder why you think that gu up then gj up also ...

Don't forget .to separate nation's currency
?
  • #97,176
  • Jun 26, 2008 10:56am Jun 26, 2008 10:56am
GM Mike
  • #97,177
  • Jun 26, 2008 10:57am Jun 26, 2008 10:57am
I can not get it to come up
  • #97,178
  • Jun 26, 2008 11:03am Jun 26, 2008 11:03am
Quoting pip mom
I can not get it to come up

I could not send u a private mail cause u have disable it
  • #97,179
  • Jun 26, 2008 11:04am Jun 26, 2008 11:04am
Quoting pkimnyc
GM Mike
Goooood morning man! Hows it goin? Hope everything is great with you!
I dream, therefore I become.
  • #97,180
  • Edited 11:05am Jun 26, 2008 11:04am | Edited 11:05am
Good morning traders, good luck and good trading, very good analyssis from all of you, hy there Evilgoat. i'm in for the tutor Ovaforty
The Chonchy
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