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

  • #103,181
  • Jul 23, 2008 5:01am Jul 23, 2008 5:01am
Quoting belekas
A certainly good place to short, alot of confluence around this area. But dont forget that Oil is driving these days heavy if you know what i mean. And its still undecided sitting on descending wedge's LTL. If it goes up then UJ will fall and GJ shorts will look nice, but if it decides to break that LTL and fall then i think UJ will pull geppy up and we will have quit a strong breakout.

My 2 cents...
i guess the only way to know is just watch and see
  • #103,182
  • Jul 23, 2008 5:19am Jul 23, 2008 5:19am
close that long on cable.Now i can think about shorting.Got to go eat somthing.See you all later
  • #103,183
  • Jul 23, 2008 5:25am Jul 23, 2008 5:25am
Shorting???



Still long..
  • #103,184
  • Jul 23, 2008 5:30am Jul 23, 2008 5:30am
Quoting 4x_Trader
How's everyone? "Two birds One stone" making money w/ the swap & the trend is your friend "Go LONG you'll never go wrong" now if you wanna know where do we go from here pls follow the link:

http://www.forexfactory.com/news.php?do=news&id=97230

Just an info and not a reco!
  • #103,185
  • Jul 23, 2008 5:31am Jul 23, 2008 5:31am
my chart. 216.17 should act as a resistance for now.
Attached Image (click to enlarge)
Click to Enlarge Name: gjd.gif Size: 20 KB
Nihil Sine Deo.
  • #103,186
  • Jul 23, 2008 5:39am Jul 23, 2008 5:39am
oh man it literally farted upwards .
Nihil Sine Deo.
  • #103,187
  • Jul 23, 2008 5:40am Jul 23, 2008 5:40am
Quoting Scrat
my chart. 216.17 should act as a resistance for now.

yep..but this baby is still very very bullish i expect that level to be taken out to 217 then maybe maybe i think of shorting....baby....hmmmmm
  • #103,188
  • Jul 23, 2008 5:45am Jul 23, 2008 5:45am
comments !! ?
Attached Image (click to enlarge)
Click to Enlarge Name: gJ sell.png Size: 15 KB
  • #103,189
  • Jul 23, 2008 5:47am Jul 23, 2008 5:47am
Quoting Scrat
oh man it literally farted upwards .


are u short?
  • #103,190
  • Jul 23, 2008 5:48am Jul 23, 2008 5:48am
Quoting msniper
comments !! ?
same thing i was looking at. but my short aint looking good so far...
  • #103,191
  • Jul 23, 2008 5:50am Jul 23, 2008 5:50am


sorry guys i had to shed some tears..... GJ's backkkkkkkkkkkkkkkkkkk!!!!!!!
  • #103,192
  • Jul 23, 2008 5:54am Jul 23, 2008 5:54am
Quoting lilmoe
same thing i was looking at. but my short aint looking good so far...
Same thing here .. I shorted it since in the area of 213.xx
I think it would come back soon to 209.xx area .. if not this week then maybe next week ..
  • #103,193
  • Jul 23, 2008 5:55am Jul 23, 2008 5:55am
Quoting mktjong
Same thing here .. I shorted it since in the area of 213.xx
I think it would come back soon to 209.xx area ..

ouch??

i was thinking back to 214... i dropped my idea of this going back for another nice dip when 214.10 was taken out, but back 209.xx? i'm not sure anymore...
  • #103,194
  • Jul 23, 2008 5:56am Jul 23, 2008 5:56am
Quoting lilmoe
same thing i was looking at. but my short aint looking good so far...

I'm short GJ @ 215.80

and long EU @ 1.5720

Both look good.
  • #103,195
  • Jul 23, 2008 5:57am Jul 23, 2008 5:57am
no, i'm long. i have 3 longs from 213.70...

Quoting lilmoe


are u short?
Nihil Sine Deo.
  • #103,196
  • Jul 23, 2008 5:58am Jul 23, 2008 5:58am
Quoting lilmoe
ouch??
Yeah ..ouch..I got in a bit too early ..that's alright, it would come back soon
It's extremely over-bought.
  • #103,197
  • Jul 23, 2008 6:02am Jul 23, 2008 6:02am
Quoting Scrat
no, i'm long. i have 3 longs from 213.70...
shorting GJ and GBP/CHF... the latter looks good so far..
  • #103,198
  • Jul 23, 2008 6:07am Jul 23, 2008 6:07am
Lots of opportunities today in GU, EU, GJ, EJ, UJ. . . Short and long. . .
  • #103,199
  • Jul 23, 2008 6:09am Jul 23, 2008 6:09am
Quoting lilmoe
ouch??

i was thinking back to 214... i dropped my idea of this going back for another nice dip when 214.10 was taken out, but back 209.xx? i'm not sure anymore...
Oil would keep dropping after Summer, that would be positive for Yen. Plus, financial turmoil is not over yet. Risk aversion is getting more conservative .. most investors would grap fair profit and run instead of having it nested for longer time ..imo.
  • #103,200
  • Jul 23, 2008 6:14am Jul 23, 2008 6:14am
Quoting mktjong
Oil would keep dropping after Summer, that would be positive for Yen. Plus, financial turmoil is not over yet. Risk aversion is getting more conservative .. most investors would grap fair profit and run instead of having it nested for longer time ..imo.
Bro, GJ slowly drop and it will reach 213.
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