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

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  • Post #103,761
  • Quote
  • Jul 24, 2008 9:46pm Jul 24, 2008 9:46pm
  •  Vfforexlee
  • | Joined Mar 2008 | Status: Member | 451 Posts
Quoting Petefaders
Disliked
I'm thinking long as well. RSI has been steadily rising after the drop. Plus, It may not have liked 216., but were still in an up trend since the 16th. Also, 4hr, 50 sma forming support at 212.
Ignored

Sorry, 4 hr 50sma is at 213. We are below 213.
 
 
  • Post #103,762
  • Quote
  • Jul 24, 2008 9:48pm Jul 24, 2008 9:48pm
  •  Petefaders
  • | Commercial Member | Joined Mar 2008 | 1,651 Posts
Quoting Vfforexlee
Disliked
Sorry, 4 hr 50sma is at 213. We are below 213.
Ignored
I meant 213. area..ok 212.90, what's 10 pips for g/j?
 
 
  • Post #103,763
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  • Jul 24, 2008 9:49pm Jul 24, 2008 9:49pm
  •  Vfforexlee
  • | Joined Mar 2008 | Status: Member | 451 Posts
Dude, you edited your posts like 4 times. What can I do?
 
 
  • Post #103,764
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  • Jul 24, 2008 9:51pm Jul 24, 2008 9:51pm
  •  Petefaders
  • | Commercial Member | Joined Mar 2008 | 1,651 Posts
Quoting Vfforexlee
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Dude, you edited your posts like 4 times. What can I do?
Ignored
I know, i edited cause I rushed it, not 4 times, what are you the post police?
 
 
  • Post #103,765
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  • Jul 24, 2008 9:53pm Jul 24, 2008 9:53pm
  •  Vfforexlee
  • | Joined Mar 2008 | Status: Member | 451 Posts
Quoting Petefaders
Disliked
I know, i edited cause I rushed it, not 4 times, what are you the post police?
Ignored
Sorry. I'm in a nervous wreck right now wondering if this thing's going anywhere.

EDIT:Loving your songs. Pete.
 
 
  • Post #103,766
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  • Jul 24, 2008 9:59pm Jul 24, 2008 9:59pm
  •  Petefaders
  • | Commercial Member | Joined Mar 2008 | 1,651 Posts
Quoting Vfforexlee
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Sorry. I'm in a nervous wreck right now wondering if this thing's going anywhere.
Ignored
Hey, it's all good. Anything can happen. I don't risk enough of my account to become a nervous wreck..anymore.
 
 
  • Post #103,767
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  • Jul 24, 2008 10:29pm Jul 24, 2008 10:29pm
  •  Vfforexlee
  • | Joined Mar 2008 | Status: Member | 451 Posts
Down it goes! come on money!
 
 
  • Post #103,768
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  • Jul 24, 2008 10:36pm Jul 24, 2008 10:36pm
  •  Ambrodel
  • | Joined Jun 2008 | Status: Member | 69 Posts
I took a short at 212.56. I tell ya, walk away for a minute and the thing starts to move.

-Ambrodel
Imma do the things that i wanna do I ain't got a thing to prove to you
 
 
  • Post #103,769
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  • Jul 24, 2008 10:39pm Jul 24, 2008 10:39pm
  •  tinaroel
  • | Joined Mar 2006 | Status: Member | 34 Posts
Nikkei already down 200 points.....
Use a system that works for YOU
 
 
  • Post #103,770
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  • Jul 24, 2008 10:41pm Jul 24, 2008 10:41pm
  •  Eulogy
  • | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
Quoting tinaroel
Disliked
Nikkei already down 200 points.....
Ignored
200 is nothing since its been gaining 200+ on average for the last 4 days
I want to see 400 point drop today on the nikkei
 
 
  • Post #103,771
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  • Jul 24, 2008 10:49pm Jul 24, 2008 10:49pm
  •  ephisi
  • | Membership Revoked | Joined Jun 2007 | 3,782 Posts
Quoting ephisi
Disliked
$hr 5sma retrcement without a long signal
New 4hr MOM waarly bearish.
The news has given us a direction. i am bearish bias,
212.13 first stop
211.55 next stop
if room permits we may see 211.

Just my opinion, not a trade call
Ignored
Soembody stop me,

 
 
  • Post #103,772
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  • Jul 24, 2008 10:51pm Jul 24, 2008 10:51pm
  •  tinaroel
  • | Joined Mar 2006 | Status: Member | 34 Posts
Quoting Eulogy
Disliked
200 is nothing since its been gaining 200+ on average for the last 4 days
I want to see 400 point drop today on the nikkei
Ignored
hmmm just might happen...already this news about national Australian Bank having $800 million provision for credit investment losses....
It will be very interesting trading Friday for sure
Use a system that works for YOU
 
 
  • Post #103,773
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  • Jul 24, 2008 10:52pm Jul 24, 2008 10:52pm
  •  Vfforexlee
  • | Joined Mar 2008 | Status: Member | 451 Posts
Quoting ephisi
Disliked
Soembody stop me,

Ignored
Careful on your shorts. It may stop at 50% retracement. I am also short from 213. I should have held on to that short from 215.
 
 
  • Post #103,774
  • Quote
  • Jul 24, 2008 11:00pm Jul 24, 2008 11:00pm
  •  tinaroel
  • | Joined Mar 2006 | Status: Member | 34 Posts
This might reach my TP S1 212.00 and bounce off... my charts screaming SHORT all the way.... IF this breaks 212 I can see this going to 211
Use a system that works for YOU
 
 
  • Post #103,775
  • Quote
  • Jul 24, 2008 11:01pm Jul 24, 2008 11:01pm
  •  forexer
  • Joined Jan 2006 | Status: FX TRADER | 861 Posts
the GBP/JPY what a fascinating pair .

its keeping on going all the way down from 215.00 level.

just took my 150 pips profit

look out traders the pair is getting closer to a major support at 212.00 level

I always knew that someday I would make it big
 
 
  • Post #103,776
  • Quote
  • Jul 24, 2008 11:04pm Jul 24, 2008 11:04pm
  •  hussin naiji
  • Joined Nov 2007 | Status: beginner | 7,742 Posts
Quoting hussin naiji
Disliked
hi dear mktjong
we see a bearish engulfing pattern for today
attention :in fact a bearish engulfing pattern is a really reversal pattern
im waiting a 3 outside down
Ignored
whether we must wait for identical three crows bearish pattern or.......... ?
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  • Post #103,777
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  • Jul 24, 2008 11:22pm Jul 24, 2008 11:22pm
  •  ephisi
  • | Membership Revoked | Joined Jun 2007 | 3,782 Posts
Quoting Vfforexlee
Disliked
Careful on your shorts. It may stop at 50% retracement. I am also short from 213. I should have held on to that short from 215.
Ignored
wrong, dont say that. if it had reversed, u would have beeen singin somtin else.

No one knows what will happen next so be contented


i should have?.
 
 
  • Post #103,778
  • Quote
  • Jul 24, 2008 11:37pm Jul 24, 2008 11:37pm
  •  Vfforexlee
  • | Joined Mar 2008 | Status: Member | 451 Posts
Quoting ephisi
Disliked
wrong, dont say that. if it had reversed, u would have beeen singin somtin else.

No one knows what will happen next so be contented


i should have?.
Ignored
Let me rephrase it: I should have held on to that short from 215 but I didn't because it was lying on .38 retracement.

.50 retracement will be the end of all short trades. Trust me on that.
 
 
  • Post #103,779
  • Quote
  • Jul 24, 2008 11:44pm Jul 24, 2008 11:44pm
  •  Que
  • Joined May 2007 | Status: ??? | 1,265 Posts
Quoting Vfforexlee
Disliked
Let me rephrase it: I should have held on to that short from 215 but I didn't because it was lying on .38 retracement.

.50 retracement will be the end of all short trades. Trust me on that.
Ignored
Yea, not possible at all that it will make it to 61.8% retracement
Que
 
 
  • Post #103,780
  • Quote
  • Jul 24, 2008 11:45pm Jul 24, 2008 11:45pm
  •  malcolmb14
  • Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,883 Posts
Quoting dogberry
Disliked
212 or 213? I currently got more than 240 pips profit from shorting at 215.40. Should I close here at 213? thanks!
Ignored

212.13 is my target now ..... move stop down to lock in some profits
Blogging daily now at www.volume.zone
 
 
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