215 is not my target.. It's where all the stops reside. I'm going to TP after they are blown out.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #103,121
- Jul 23, 2008 3:11am Jul 23, 2008 3:11am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
- #103,123
- Jul 23, 2008 3:12am Jul 23, 2008 3:12am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
I see 211.60 for GJ... watch clearly...
- #103,125
- Jul 23, 2008 3:16am Jul 23, 2008 3:16am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
- #103,127
- Jul 23, 2008 3:19am Jul 23, 2008 3:19am
- | Joined May 2006 | Status: Millionaire Traders - Chapter 8 | 139 Posts
I see 211.60 for GJ
Ro
- #103,128
- Jul 23, 2008 3:19am Jul 23, 2008 3:19am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
I see 211.60 for GJ
- #103,131
- Jul 23, 2008 3:29am Jul 23, 2008 3:29am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
News leak?
- #103,136
- Jul 23, 2008 3:40am Jul 23, 2008 3:40am
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
This thing ain't done yet...baby...i think it's still got another 50-80pips to give...
...however i suggest not being greedy.....take the pips and run
...however i suggest not being greedy.....take the pips and run
- #103,137
- Jul 23, 2008 3:40am Jul 23, 2008 3:40am
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts | Online Now
Heheheheh. Dont be suprised news has allready been leaked/ considered.
Remember price is news news is pricee.except NFP and interest rate statements.
If news is bad for GBP.Buy all dips IMO
i have some experience in blind news trading , i call it prenews trading.
analyse predict 5minutes before d news, and buy or sell 1 to 3mins b4 news using tight SL and of course MM. Very profitable
- #103,138
- Jul 23, 2008 3:46am Jul 23, 2008 3:46am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #103,139
- Jul 23, 2008 3:46am Jul 23, 2008 3:46am
- | Joined Oct 2007 | Status: Trader | 1,236 Posts
215 is a good target IMO. . . but not much up there preventing it from breaking it. Looking at the daily, weekly and monthly chart I don't see much resistance until 219/221 area. . .
The only factor that can push the geppy down is something macro. Like Israel bombing Iran. Maybe something catastrophic out of US equities (Although I can't imagine anything worse than what we see daily
)
"Timing Is Everything. Really I Swear It Is"
- #103,140
- Jul 23, 2008 3:51am Jul 23, 2008 3:51am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
The only factor that can push the geppy down is something macro. Like Israel bombing Iran. Maybe something catastrophic out of US equities (Although I can't imagine anything worse than what we see daily
Again the charts are OB on all TF's and there is divergence all over the charts. Eventually this will play out and when it does I see a 200-300 pip drop. . . So the higher it goes the more it will fall. . .