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Auslanco 15min GBP/JPY startegy 630 replies

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

interesting

Quoting peaches
something fundamental:

"The yen headed for 6 percent quarterly losses versus the euro and the dollar as Japanese workers prepared to invest their summer bonuses abroad. Employees at private Japanese companies may get bonuses of 14.8 trillion yen in June and July, Mitsubishi UFJ Research and Consulting Co. estimates.
``There's a desire among Japanese investors to place money in foreign-denominated assets,'' said Derek Halpenny, head of currency research in London at Bank of Tokyo-Mitsubishi UFJ Ltd., a unit of Japan's largest bank by market value."

http://www.bloomberg.com/apps/news?p...currency_rates
Quoting lilmoe
interesting

That's even more reason to short the GJ... Human nature causes most people to cut losses right at the turning point. Hope they don't have it invested right before the carry trade unwind continues.
Quoting peaches
something fundamental:

"The yen headed for 6 percent quarterly losses versus the euro and the dollar as Japanese workers prepared to invest their summer bonuses abroad. Employees at private Japanese companies may get bonuses of 14.8 trillion yen in June and July, Mitsubishi UFJ Research and Consulting Co. estimates.
``There's a desire among Japanese investors to place money in foreign-denominated assets,'' said Derek Halpenny, head of currency research in London at Bank of Tokyo-Mitsubishi UFJ Ltd., a unit of Japan's largest bank by market value."

http://www.bloomberg.com/apps/news?p...currency_rates

That is old news. Besides its still just speculation. I'd really like to see the them invest their bonuses in an economy thats all too ready to dump them down the toilet. 'Oh we'll just take your money to feed our credit addiction. You can have this toilet paper as security'
  •  kosh
  • | Joined Jan 2008 | Status: i love my pippy bank growing | 42 Posts
Hello guys,

Can someone enlighten me whether Yen pairs is related to DOW JONES INDUSTRIAL ???How about Usd pairs?

Thank you very much.

Kosh
Quoting triq03
My personal opinion that yen is poised to fall to 85-90 area (oh yah I said it), and Pound not looking utterly strong (their economic has crap written all over it), also poised to fall (if not curb highs). With that said I'm shorting gbp/jpy all the way. Anything below 214 area fair game
hopefully bro...im selling ej from 169.50 and hoping for reversal..damn i would be happy..
Where is the Eisntien dude... lol
Trade what you see, not what you think.
Quoting kosh
Hello guys,

Can someone enlighten me whether Yen pairs is related to DOW JONES INDUSTRIAL ???How about Usd pairs?

Thank you very much.

Kosh
It was. Now, who knows. Here's to that the correlation returns
it's all about the oil...

Quoting Eulogy
It was. Now, who knows. Here's to that the correlation returns
Nihil Sine Deo.
Quoting karmostaji
Down is the direction
Quoting karmostaji
Where is the Eisntien dude... lol
Helooo Karmo i know you miss me hehehe.... the market gives us an opportunity to go long at much lower price because it will sky rocket on or b4 the European Markets open be it in Frankfurt or London so watch out for that!

Just an info and not a reco!
Quoting 4x_Trader
Helooo Karmo i know you miss me hehehe.... the market gives us an opportunity to go long at much lower price because it will sky rocket on or b4 the European Markets open be it in Frankfurt or London so watch out for that!

Just an info and not a reco!

i hate to admit it, but i'm really thinking the same. i hope i'm wrong.
Quoting lilmoe
i hate to admit it, but i'm really thinking the same. i hope i'm wrong.
Quoting lilmoe
today should be full of surprises, we might be getting lots of fake signals here and there. i would suggest everyone to proceed with caution.

i'm getting lots of sell signals on GJ, i'm just hating the patter i have on my 1h chart both for GJ and UJ. i would like to see 1h qqe cross down first to short GJ.
Quoting lilmoe
UJ also looks it will stop at 105.65 if it goes down further.

if UJ breaks support, then it might drop like a stone.
cable on the other hand looks like it wants to go to daily 5sma. but no sign of it to start doing so just yet.

GJ's daily momentum is bearish. also if we stay like this we might have daily gann and qqe crossing down.

mixed feelings.
Quoting 4x_Trader
Helooo Karmo i know you miss me hehehe.... the market gives us an opportunity to go long at much lower price because it will sky rocket on or b4 the European Markets open be it in Frankfurt or London so watch out for that!

Just an info and not a reco!
I use a SL and protect my profits

be careful of buying every dip there is..

Just an info and not a reco
Trade what you see, not what you think.
Quoting lilmoe
i hate to admit it, but i'm really thinking the same. i hope i'm wrong.
Hey my friend lilmoe you're not wrong dude as we all now the market needs volatility and if you wud notice 210.40-50 is hard to crack!
Quoting karmostaji
I use a SL and protect my profits

be careful of buying every dip there is..

Just an info and not a reco
Noted Karmo by the way at what price do you think that the market proves you wrong (SL price)?
Quoting 4x_Trader
Hey my friend lilmoe you're not wrong dude as we all now the market needs volatility and if you wud notice 210.40-50 is hard to crack!


Quoting lilmoe
hey there, no fall yet. i think it's going up 150 pips at least.

if we're to fall we need 210.67 to be taken out on a daily level.
i wasn't too right here, but i do think we need a daily closing below that area for a fall.
Quoting lilmoe
i hate to admit it, but i'm really thinking the same. i hope i'm wrong.
The Yen Crosses are under a ton of pressure, Not a good time buy them, wait for them cool down. Right now all I see is nothing....
Quoting lilmoe
if UJ breaks support, then it might drop like a stone.
cable on the other hand looks like it wants to go to daily 5sma. but no sign of it to start doing so just yet.

GJ's daily momentum is bearish. also if we stay like this we might have daily gann and qqe crossing down.

mixed feelings.
UJ is breaking support at the moment, 3 mins for my 1h candle to close, lets see if it says there, i'll consider shorting GJ (small lot) if that happens, after a pullback of course.
Quoting Clouds
The Yen Crosses are under a ton of pressure, Not a good time buy them, wait for them cool down. Right now all I see is nothing....

i wouldn't buy either. but take a look at gbp/chf. it formed a broadening wedge, signaling reversal. if the upper TL is breached i'll go long on that one. im starting to use that pair as a good signal for GJ.
Quoting 4x_Trader
Noted Karmo by the way at what price do you think that the market proves you wrong (SL price)?
we'll see who is right and who is wrong I'm sticking with the shorts.
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