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

  • #108,301
  • Aug 21, 2008 11:03pm Aug 21, 2008 11:03pm
I think the gbp/jpy would be a good buy tonight for a good 40-50 pips move 204.50 area
  • #108,302
  • Aug 21, 2008 11:08pm Aug 21, 2008 11:08pm
Quoting TiaForex
Karmo, would you mind telling me where you're getting the 203.50 number from? Is it the support and resistance flips on the daily chart?
Yes, S/R level on daily chart
Trade what you see, not what you think.
  • #108,303
  • Aug 21, 2008 11:08pm Aug 21, 2008 11:08pm
Guys, i have a problem. its been bothering e since yesterdays fall. i have a gap onlyon my 30mins chart. All other TFs show no gap. Can soeone explain to me. its looking like a gap fill. on d other hand i dont have a gap on my 15mins nor 1hr.

GJ close right at 15 exactly wher 4hr gann is.funny
we have a cross up.

i should be waiting dor a pull back now to load longs. But But dois gap
Attached Image
  • #108,304
  • Aug 21, 2008 11:09pm Aug 21, 2008 11:09pm
Quoting cohiba pips
im short to my friends gbpyen and i wont be buying this pair

for a while i think i hope but as ever looking around so just for a sec

changing subject im thinking about taking a short on brent crude tonight

but not sure its a good idea with the massive swings i dont even think theres

a safe place with all the indicators in the world pointing at a certain area to

enter but im almost certain there will be profit taking sometime tomorrow

anyone thinking the same thing
There were no signs of any major profit taking in oil after the yesterday's up move. It seems it is ready to break the resistance. If it does, we'll have another day of oil up and USDCAD down.
  • #108,305
  • Aug 21, 2008 11:13pm Aug 21, 2008 11:13pm
My longs are looking sweet, moved stops into profit and I'm keeping them open

London boys should push it higher
Trade what you see, not what you think.
  • #108,306
  • Aug 21, 2008 11:14pm Aug 21, 2008 11:14pm
Hello traders, from florida with love and bad whether
The Chonchy
  • #108,307
  • Aug 21, 2008 11:27pm Aug 21, 2008 11:27pm
i'm short g/j now for small lots until we get things moving
  • #108,308
  • Aug 21, 2008 11:40pm Aug 21, 2008 11:40pm
Not long yet, but shorts are out of d question. IF UK GDP is good, u can imagine what happens next.

205.30 needs to be taken out though.

Karmo pls what do u think about d Gap on d chart iposted
  • #108,309
  • Aug 21, 2008 11:43pm Aug 21, 2008 11:43pm
Quoting ephisi
Not long yet, but shorts are out of d question. IF UK GDP is good, u can imagine what happens next.

205.30 needs to be taken out though.

Karmo pls what do u think about d Gap on d chart iposted
I think that's an error from your broker because I don't have any gap like that on any of my platforms, don't worry about it.

Try to right click and click "Refresh" , it might solve the problem.
Trade what you see, not what you think.
  • #108,310
  • Aug 21, 2008 11:51pm Aug 21, 2008 11:51pm
Quoting karmostaji
I think that's an error from your broker because I don't have any gap like that on any of my platforms, don't worry about it.

Try to right click and click "Refresh" , it might solve the problem.
Thanks, ill just ignore it. 204.30 was where we had that spike down yesterday. if its taken out we should have a spike up
  • #108,311
  • Aug 21, 2008 11:57pm Aug 21, 2008 11:57pm
Quoting ephisi
Thanks, ill just ignore it. 204.30 was where we had that spike down yesterday. if its taken out we should have a spike up
Thats what i talking about.

Its like USD is a cat with 9lives. never gives up.
The latest strategy is buy all dips. unfortunately i hate trading UJ
  • #108,312
  • Edited Aug 22, 2008 12:51am Aug 21, 2008 11:59pm | Edited Aug 22, 2008 12:51am
Quoting ephisi
Thats what i talking about.

Its like USD is a cat with 9lives. never gives up.
The latest strategy is buy all dips. unfortunately i hate trading UJ
btw, 1hr 100sma has capped bulls since d 8th of august. But it should break 2day
  • #108,313
  • Aug 22, 2008 12:30am Aug 22, 2008 12:30am
g/c is falling maybe g/j will too
  • #108,314
  • Aug 22, 2008 12:42am Aug 22, 2008 12:42am
Quoting rogerdoger
g/c is falling maybe g/j will too
  • #108,315
  • Aug 22, 2008 12:44am Aug 22, 2008 12:44am
it would be nice, that it wont stop at a daily pivot
  • #108,316
  • Edited 1:00am Aug 22, 2008 12:47am | Edited 1:00am
Quoting ephisi
btw, 1hr 100sma has capped bulls since d 8th of august. But it should break 2day
  • #108,317
  • Aug 22, 2008 1:10am Aug 22, 2008 1:10am
G'Day Money Makers:
===============


Second Target reached:

UY Exited 109.17 [93 pips from NY session] mm nice retrace
  • #108,318
  • Aug 22, 2008 1:19am Aug 22, 2008 1:19am
Quoting karmostaji
My longs are looking sweet, moved stops into profit and I'm keeping them open

London boys should push it higher
Great Karma, can we say the bottom for GJ. Unfortunately i had to hedge my long positions at 202.02, just before the long retracement. i am reall confused either to close the short and for the retrace. Pls somebody help.
  • #108,319
  • Aug 22, 2008 1:24am Aug 22, 2008 1:24am
Quoting ephisi
Thats what i talking about.

Its like USD is a cat with 9lives. never gives up.
The latest strategy is buy all dips. unfortunately i hate trading UJ
Naija Bros, Pls help me. can we say this is the bottom for GJ? Unfortunately i had to hedge my long positions (short) at 202.02, just before the long retracement. i am really confused either to close the short and follow the long retrace.
  • #108,320
  • Aug 22, 2008 1:25am Aug 22, 2008 1:25am
Quoting kinharold
Great Karma, can we say the bottom for GJ. Unfortunately i had to hedge my long positions at 202.02, just before the long retracement. i am reall confused either to close the short and for the retrace. Pls somebody help.
Weekly is bearish
Daily suggests a retracement

YOU make the decision
Trade what you see, not what you think.
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