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

  • #105,081
  • Aug 1, 2008 2:16am Aug 1, 2008 2:16am
whoever's short, plz be careful, and don't expect too much from this ride down. i believe it will reverse after it sucked lots of sellers in. we have a monthly pivot at 212.50 and the next level of support will be at 211.60. i'm going long from 211.60 with a tight SL.
  • #105,082
  • Aug 1, 2008 2:22am Aug 1, 2008 2:22am
Quoting lilmoe
whoever's short, plz be careful, and don't expect too much from this ride down. i believe it will reverse after it sucked lots of sellers in. we have a monthly pivot at 212.50 and the next level of support will be at 211.60. i'm going long from 211.60 with a tight SL.

I am looking at my support @199
  • #105,083
  • Aug 1, 2008 2:23am Aug 1, 2008 2:23am
one thing that is bothering me atm is that USDJPY is being a stubborn little prick and simply won't move, just shuffles, saunters, then squats
  • #105,084
  • Aug 1, 2008 2:25am Aug 1, 2008 2:25am
Quoting lilmoe
whoever's short, plz be careful, and don't expect too much from this ride down. i believe it will reverse after it sucked lots of sellers in. we have a monthly pivot at 212.50 and the next level of support will be at 211.60. i'm going long from 211.60 with a tight SL.

well man i dont think there is that much threat for short.

take a look at this

first JPY pair to break major up trend on daily
Attached Image (click to enlarge)
Click to Enlarge Name: major.png Size: 33 KB
  • #105,085
  • Aug 1, 2008 2:25am Aug 1, 2008 2:25am
Quoting samclider
I am looking at my support @199
yeah... i'm looking for support at 168.8
now boys and girls, thats 168.8 GJ not 168.8 EJ
  • #105,086
  • Aug 1, 2008 2:26am Aug 1, 2008 2:26am
Quoting Piters
short from:

214.43
214.17
213.93

108.18
107.64
close gy @ 212.44
close uy@ 107.39

in 214.43 out 212.44 ...199 pips
in 214.17 out 212.44 ...173 pips
in 213.93 out 212.44 ...155 pips

in 108.18 out 107.39... 79 pips
in 107.64 out 107.39 ...25 pips
=======================================

uff nice one today
  • #105,087
  • Aug 1, 2008 2:27am Aug 1, 2008 2:27am
I was away and now it is too risky for me to short.I was gonna say 212 area but if Lilmoe says 211,60 who am i to bet against!Let's see
  • #105,088
  • Aug 1, 2008 2:28am Aug 1, 2008 2:28am
Quoting samclider
I am looking at my support @199
hmmmm.... i'm short too, but already moved my SL to 100 pips... let's see what happens. i'm not sure we're ready to go down for that kind of fall yet.
  • #105,089
  • Aug 1, 2008 2:29am Aug 1, 2008 2:29am
Quoting Eulogy
yeah... i'm looking for support at 168.8
now boys and girls, thats 168.8 GJ not 168.8 EJ

so extremely support @ 0.00
  • #105,090
  • Aug 1, 2008 2:30am Aug 1, 2008 2:30am
Quoting Dr.Geppynius
always from behind
i love to short her, but did not expect such a drop now. but, let's wait for the close
Today is Friday my friend, you should expect such things exactly today.
Discipline + Patience - Fear - Greed = Success
  • #105,091
  • Aug 1, 2008 2:30am Aug 1, 2008 2:30am
now long from 212.15 [scalp]

crazy trade!!
  • #105,092
  • Aug 1, 2008 2:32am Aug 1, 2008 2:32am
Quoting lilmoe
whoever's short, plz be careful, and don't expect too much from this ride down. i believe it will reverse after it sucked lots of sellers in. we have a monthly pivot at 212.50 and the next level of support will be at 211.60. i'm going long from 211.60 with a tight SL.
No please don't ... you know what day today is ...
Discipline + Patience - Fear - Greed = Success
  • #105,093
  • Aug 1, 2008 2:32am Aug 1, 2008 2:32am
Quoting lilmoe
hmmmm.... i'm short too, but already moved my SL to 100 pips... let's see what happens. i'm not sure we're ready to go down for that kind of fall yet.

becarefully hit your SL
  • #105,094
  • Aug 1, 2008 2:34am Aug 1, 2008 2:34am
Quoting lilmoe
hmmmm.... i'm short too, but already moved my SL to 100 pips... let's see what happens. i'm not sure we're ready to go down for that kind of fall yet.
no, not yet, not before NFP. the first support @212.20, next one is yours 211.60.. good job mate !
  • #105,095
  • Aug 1, 2008 2:37am Aug 1, 2008 2:37am
Quoting Dr.Geppynius
always from behind
i love to short her, but did not expect such a drop now. but, let's wait for the close
for the next wave down, I am going to explore some new kamasutra styles..

  • #105,096
  • Aug 1, 2008 2:44am Aug 1, 2008 2:44am
i also believe it will reverse, bigtime, maybe monday.Very possible today, Remember, its freaky friday
  • #105,097
  • Aug 1, 2008 2:45am Aug 1, 2008 2:45am
Quoting lilmoe
whoever's short, plz be careful, and don't expect too much from this ride down. i believe it will reverse after it sucked lots of sellers in. we have a monthly pivot at 212.50 and the next level of support will be at 211.60. i'm going long from 211.60 with a tight SL.
yeah; I was thinking the same thing, and was pretty happy just to be in a spot where I felt confident enough to make a trade. This was a nice push down, now we'll see where it goes now.

Great advice, you can't go broke taking a profit.
  • #105,098
  • Aug 1, 2008 2:45am Aug 1, 2008 2:45am
That was a perfect bouce of S3 line at 212.06 for now.Some news coming in 45 minutes
  • #105,099
  • Aug 1, 2008 2:48am Aug 1, 2008 2:48am
Quoting Piters
close gy @ 212.44
close uy@ 107.39

in 214.43 out 212.44 ...199 pips
in 214.17 out 212.44 ...173 pips
in 213.93 out 212.44 ...155 pips

in 108.18 out 107.39... 79 pips
in 107.64 out 107.39 ...25 pips
=======================================

uff nice one today
Great Job!
  • #105,100
  • Aug 1, 2008 2:49am Aug 1, 2008 2:49am
Quoting msniper
3 weeks i am waiting for EJ to start going down damn it was boring.

still i am aiming same targets :

1st 163.50
2nd 160

ej is a down channel with a really nice range that has been going in 24 hour cycles top to bottom of channel ... nothing boring with ej
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