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

  • #106,701
  • Aug 12, 2008 7:47pm Aug 12, 2008 7:47pm
Quoting markam
I don't see any way this situation is going to get better. However, I don't know if UJ is going to be moving too much lower. What I have been expecting for several months is the collapse of the pound. My target for GJ is 175, and that is based upon UJ of 100 and GU of 1.75. The latest that will happen is sometime this summer.

I don't see GJ topping the 210-215 area before we hit 175. In fact, I would be surprised if we ever see GJ above 215-220 again.

The global economy is just going to get more and more disfunctional as we move forward.
39 more days to see if I hit my prediction from March. I was pretty damn close on the 215 max, so lets see how close I get with a UJ of 100 and GU of 1.75.
  • #106,702
  • Aug 12, 2008 8:15pm Aug 12, 2008 8:15pm
It is juz enough for me after whole night of sleeping.

Short from 209.19. Close at 207.23.
Wake up and see it hit my trail SL.

On my weekly basis, I will take again one more short maybe on next monday. Now I wanna wait for a better entry for short again. Wish It didnt juz drop without retracement like what happen over GU and EU....
  • #106,703
  • Aug 12, 2008 8:24pm Aug 12, 2008 8:24pm
Quoting markam
39 more days to see if I hit my prediction from March. I was pretty damn close on the 215 max, so lets see how close I get with a UJ of 100 and GU of 1.75.
Nice analysis markam a breach of 108.20 in dollaryen spells disaster for geppy!
  • #106,704
  • Aug 12, 2008 8:26pm Aug 12, 2008 8:26pm
Quoting 4x_Trader
We sold 2 yards 31st July @ 214 even targeting at least 204 even!


Just an info and not a reco!
Still trying to convince people that you are a market mover and are responsible for every move of the GBP/JPY market eh?

Ignoring for a second you are claiming the move after the fact, did you and your buddies funnel in a billion dollars (im talking unleveraged positions) worth of shorts in the last two weeks directly through institutional facilities?

If not time for a reality check my friend. Feel free to prove me wrong though.
Lemming Forex! The Way to Trade....
  • #106,705
  • Aug 12, 2008 8:32pm Aug 12, 2008 8:32pm
ooops... markam is around.
oh well, better for my shorts. looks like 176 would be hit after all.

Quoting markam
39 more days to see if I hit my prediction from March. I was pretty damn close on the 215 max, so lets see how close I get with a UJ of 100 and GU of 1.75.
Nihil Sine Deo.
  • #106,706
  • Aug 12, 2008 9:17pm Aug 12, 2008 9:17pm
Daily S1 broken, next stop 204.88.
Buying Tops, Selling dips xP
  • #106,707
  • Aug 12, 2008 9:21pm Aug 12, 2008 9:21pm
so what happened, really?
Nihil Sine Deo.
  • #106,708
  • Aug 12, 2008 9:24pm Aug 12, 2008 9:24pm
Quoting Scrat
so what happened, really?
one too many straws on the camels back
  • #106,709
  • Aug 12, 2008 9:26pm Aug 12, 2008 9:26pm
ok guys here is my analysis for GJ and my future target according to Elliot waves

if any one think i have a mistake correct me please.

good luck bears
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  • #106,710
  • Aug 12, 2008 9:33pm Aug 12, 2008 9:33pm
Quoting metlife777
OK, the background:
all fundamentals and current state of world market absolutely unbalanced in all terms; USD is in position to make a HUGE drop in value;
GJ behaves subsequently; GBP correlates positively with Gold and J is opposite when USD drops Gold prices raise up (you can see it from monthly and yearly charts more clearly);
thus general long term direction for GJ is NORTH

How can you even think Gold correlates positively with GBP???????
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  • #106,711
  • Aug 12, 2008 9:36pm Aug 12, 2008 9:36pm
Quoting hussin naiji
hi bear camp
bye bye 207

bye bye 206...
  • #106,712
  • Aug 12, 2008 9:42pm Aug 12, 2008 9:42pm
Quoting lilmoe
bye bye 207

bye bye 206...

how about that gbpaud tonight ...... +340 pips move in asian session .... UNREAL !!!
Blogging daily now at www.volume.zone
  • #106,713
  • Aug 12, 2008 9:44pm Aug 12, 2008 9:44pm
Quoting lilmoe
i hear 206 and above...

guys, the only support i see at the moment is 205 - 205.50,, if taken out, i'm probably gonna buy karmo a lambo

Don't forget me! Nothing too fancy, just one of these...
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  • #106,714
  • Aug 12, 2008 9:45pm Aug 12, 2008 9:45pm
Quoting malcolmb14
how about that gbpaud tonight ...... +340 pips move in asian session .... UNREAL !!!
thewn as she touched 2.200 .... 100 pip drop ..

trading gbpaud tonight is like trading the YM ... or even oil ...lol

and WHAT is going on with gold ?
Blogging daily now at www.volume.zone
  • #106,715
  • Aug 12, 2008 9:46pm Aug 12, 2008 9:46pm
Quoting GodfreyH
Don't forget me! Nothing too fancy, just one of these...
godfrey you mean you do not have one of these already ??? lol
Blogging daily now at www.volume.zone
  • #106,716
  • Aug 12, 2008 9:46pm Aug 12, 2008 9:46pm
Quoting metlife777
hope you will see it
guess you got stopped out -850 pips or so
hopefully not too big an order
  • #106,717
  • Aug 12, 2008 9:50pm Aug 12, 2008 9:50pm
Quoting malcolmb14
godfrey you mean you do not have one of these already ??? lol
Ha Ha Ha ...hey I am a newbie compared to you.
  • #106,718
  • Aug 12, 2008 9:51pm Aug 12, 2008 9:51pm
Quoting msniper
ok guys here is my analysis for GJ and my future target according to Elliot waves

if any one think i have a mistake correct me please.

good luck bears
That is exactly what I am thinking will happen.

It looks like that is what the market movers are thinking also.
  • #106,719
  • Aug 12, 2008 9:51pm Aug 12, 2008 9:51pm
Sup Ladies and Germs,

Hope all is well. I'm Nzd all day. Cheers to all.
Patience + Humility + Study = Success
  • #106,720
  • Aug 12, 2008 9:52pm Aug 12, 2008 9:52pm
Quoting malcolmb14
thewn as she touched 2.200 .... 100 pip drop ..

trading gbpaud tonight is like trading the YM ... or even oil ...lol

and WHAT is going on with gold ?
touched daily R3 then ran back.
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