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

  • #97,861
  • Jun 30, 2008 8:24am Jun 30, 2008 8:24am
211.12 area 38.2 retrace from 209.39.
Resistance at 4HR100SMA.
Adding shorts here.
Sorry fellas but this is a bear move pure and simple.
With a textbook retracement.
  • #97,862
  • Jun 30, 2008 8:27am Jun 30, 2008 8:27am
how does gbp/chf look for ya cloud?
  • #97,863
  • Jun 30, 2008 8:28am Jun 30, 2008 8:28am
Quoting Pirin
Thanks
  • #97,864
  • Jun 30, 2008 8:28am Jun 30, 2008 8:28am
Quoting Rustyyy
211.12 area 38.2 retrace from 209.39.
Resistance at 4HR100SMA.
Adding shorts here.
Sorry fellas but this is a bear move pure and simple.
With a textbook retracement.
why sorry? u do ur thing big guy!

i aint shorting yet.
  • #97,865
  • Jun 30, 2008 8:28am Jun 30, 2008 8:28am
Quoting Rustyyy
211.12 area 38.2 retrace from 209.39.
Resistance at 4HR100SMA.
Adding shorts here.
Sorry fellas but this is a bear move pure and simple.
With a textbook retracement.
i agree with u i shorted at 211.10 also and the more it goes up the more short i will add but i think it will not pass 211.80
  • #97,866
  • Jun 30, 2008 8:30am Jun 30, 2008 8:30am
Quoting Rustyyy
211.12 area 38.2 retrace from 209.39.
Resistance at 4HR100SMA.
Adding shorts here.
Sorry fellas but this is a bear move pure and simple.
With a textbook retracement.
i'm not shorting because most pound pairs are about to sky rocket.. but that's just me, i might be wrong.
  • #97,867
  • Jun 30, 2008 8:34am Jun 30, 2008 8:34am
i don't know about other pound pairs, but g-j looks like it wants another dip soon.
Quoting lilmoe
i'm not shorting because most pound pairs are about to sky rocket.. but that's just me, i might be wrong.
Nihil Sine Deo.
  • #97,868
  • Jun 30, 2008 8:38am Jun 30, 2008 8:38am
Quoting Scrat
i don't know about other pound pairs, but g-j looks like it wants another dip soon.

i think the bear party will end if dow closes above 11384 on an hourly level.
  • #97,869
  • Jun 30, 2008 8:40am Jun 30, 2008 8:40am
Quoting lilmoe
i say breach as in 1h close above, but i THINK we might be retesting DP at 211.76, who knows...
thats my observation, 211.76 for a poss swing short but a break and hold above then who knows
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #97,870
  • Jun 30, 2008 8:42am Jun 30, 2008 8:42am
what about g/u?
  • #97,871
  • Jun 30, 2008 8:42am Jun 30, 2008 8:42am
Quoting lilmoe
how does gbp/chf look for ya cloud?
i say it looks good, but i have just 1 trade in now, short eu
  • #97,872
  • Jun 30, 2008 8:43am Jun 30, 2008 8:43am
i don't think we have the correlation between g-j and dow anymore. as i said, it's all about the oil...

Quoting lilmoe
i think the bear party will end if dow closes above 11384 on an hourly level.
Nihil Sine Deo.
  • #97,873
  • Jun 30, 2008 8:51am Jun 30, 2008 8:51am
WTF. talk about a bounce. LOL
  • #97,874
  • Jun 30, 2008 9:02am Jun 30, 2008 9:02am
I already closed my longs.

Quoting birdt
yee-ha!
  • #97,875
  • Jun 30, 2008 9:05am Jun 30, 2008 9:05am
Yay, DOW broke the cherry
  • #97,876
  • Jun 30, 2008 9:07am Jun 30, 2008 9:07am
check out European indeces still rising as the Dow opens lower

which of the two is lieing? ;-)
  • #97,877
  • Jun 30, 2008 9:10am Jun 30, 2008 9:10am
Quoting pr0spero
check out European indeces still rising as the Dow opens lower

which of the two is lieing? ;-)
  • #97,878
  • Jun 30, 2008 9:10am Jun 30, 2008 9:10am
Quoting Scrat
i don't think we have the correlation between g-j and dow anymore. as i said, it's all about the oil...

no close above...
  • #97,879
  • Jun 30, 2008 9:11am Jun 30, 2008 9:11am
Quoting Clouds
i say it looks good, but i have just 1 trade in now, short eu

not good enough yet.... the market's lousy today.
  • #97,880
  • Jun 30, 2008 9:13am Jun 30, 2008 9:13am
Quoting lilmoe
not good enough yet.... the market's lousy today.
dont start second guessing yourself. it's a good trade, and reversals take more time then trends, like the EU bulls want it go higher, but eventually they will give up.
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