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

  • #108,921
  • Aug 27, 2008 10:47am Aug 27, 2008 10:47am
Quoting bigcoupe
I'm long at the DP with a tight stop.

B
Well, not the first time I was wrong
  • #108,922
  • Aug 27, 2008 10:50am Aug 27, 2008 10:50am
Quoting DutchTrader
HMM...is that a pinbar on the UJ daily though?
i guess....
  • #108,923
  • Aug 27, 2008 10:52am Aug 27, 2008 10:52am
damn, lots of guys here got slaughtered around on GJ longs..... poor fella's

i had the fealing it will do that, but as usual i ed out
  • #108,924
  • Aug 27, 2008 10:53am Aug 27, 2008 10:53am
Wednessday is Falling Down, I Pray this is going into my PIT. Anybody wt the Idea of where it is heading, I need to join the train, Please.
What goes up comes down, so always make Forex better than u met it.
  • #108,925
  • Aug 27, 2008 10:55am Aug 27, 2008 10:55am
Quoting mustaji
Wednessday is Falling Down, I Pray this is going into my PIT. Anybody wt the Idea of where it is heading, I need to join the train, Please.
I just got long again at 77 cashed pips this mornin from last night long when I awoke. Just trying to pip the best I can in a crazy market. I like you Lilmoe chickened out on short!!!
Price does what price wants , I just need to be prepared.
  • #108,926
  • Aug 27, 2008 10:58am Aug 27, 2008 10:58am
GU bouncing on weekly S1
Price does what price wants , I just need to be prepared.
  • #108,927
  • Aug 27, 2008 11:13am Aug 27, 2008 11:13am
Stop at +5 now... 1st target 201.50
Price does what price wants , I just need to be prepared.
  • #108,928
  • Aug 27, 2008 11:16am Aug 27, 2008 11:16am
Anyone watching this level on the GU.... could it bounce from here...???
Attached Image (click to enlarge)
Click to Enlarge Name: wek.GIF Size: 31 KB
Patience + Discipline - Greed = Success
  • #108,929
  • Aug 27, 2008 11:22am Aug 27, 2008 11:22am
Quoting PJkiller
GU bouncing on weekly S1
yes cable bounced off 1.8285 but i think this support is not going to hold cause the downside momentum is massive and strong the cable will dive over and over again into new levels .

now 1.8100 is my long term target.

have a nice trading
I always knew that someday I would make it big
  • #108,930
  • Aug 27, 2008 11:23am Aug 27, 2008 11:23am
Quoting Infinity
Anyone watching this level on the GU.... could it bounce from here...???
when was the last time we had a 1500 pip bearish monthly candle? i'm not willing to take the risk of going long anymore................
  • #108,931
  • Aug 27, 2008 11:23am Aug 27, 2008 11:23am
Quoting Infinity
Anyone watching this level on the GU.... could it bounce from here...???
What do you expect now up or down???
  • #108,932
  • Aug 27, 2008 11:31am Aug 27, 2008 11:31am
Quoting lilmoe
when was the last time we had a 1500 pip bearish monthly candle? i'm not willing to take the risk of going long anymore................
I am not long yet... I am still shorting every rally and have made a lot of money this week from doing just that. I am just saying, 38.2 level is a key level and oscillators are beginning to turn on the weekly. A good long opportunity may be near....
Patience + Discipline - Greed = Success
  • #108,933
  • Aug 27, 2008 11:37am Aug 27, 2008 11:37am
Quoting Infinity
I am not long yet... I am still shorting every rally and have made a lot of money this week from doing just that. I am just saying, 38.2 level is a key level and oscillators are beginning to turn on the weekly. A good long opportunity may be near....
i understand bro... i thought today was the bottom of cable too. but i've been proven wrong each time cable reached a new low. this might go on and on without a retracement. best thing to do right now is shorting rallies.
  • #108,934
  • Aug 27, 2008 11:38am Aug 27, 2008 11:38am
GJ daily need to closed below 201.30
  • #108,935
  • Aug 27, 2008 11:44am Aug 27, 2008 11:44am
I think this is a thin market thats why there is stop hunting going on by big players for people who are position holders on GU and EU. If you notice EU, GU and UJ both are dropping or not making any significant moves. Usually when UJ rises both EU and GU drop like hell but UJ is not rising as much but GU keeps falling. IMO we will see 1.8 or 1.9 by next week before fall again just before BOE meeting. I am basing this on Weekley where FIB levels are holding and also Momentum is agnled up it would be a slow move up but it will move. Long holders have to be patient
  • #108,936
  • Aug 27, 2008 11:52am Aug 27, 2008 11:52am
UJ isn't falling because volume's extremely thin. I expect some strong moves to happen post labor day. Oil is bucking the trend and headed up again, though it could be temporary and UJ isn't falling like it should eventhough its butting up against that trendline as we speak.
Patience + Humility + Study = Success
  • #108,937
  • Aug 27, 2008 11:56am Aug 27, 2008 11:56am
Quoting PandoraBox
GJ daily need to closed below 201.30

Could this be a fact?
Where is it heading below 201.xx ?
What goes up comes down, so always make Forex better than u met it.
  • #108,938
  • Edited 12:31pm Aug 27, 2008 12:04pm | Edited 12:31pm
Quoting mustaji
Could this be a fact?
Where is it heading below 201.xx ?

GJ High = 202.25

Low = 200.47

If GJ daily closed = 201.20, then we will get Daily pivot for tomorrow 201.30. If Daily closed lower (lower the better), we will get a big gap from the daily pivot price. Since 4 weeks ago, Daily GJ closed below daily pivot.
  • #108,939
  • Aug 27, 2008 12:14pm Aug 27, 2008 12:14pm
ding !! ding !!!
  • #108,940
  • Aug 27, 2008 12:25pm Aug 27, 2008 12:25pm
Quoting PandoraBox
GJ High = 202.25

Low = 200.47

If GJ daily closed = 201.20, then we will get Daily pivot for tomorrow 201.30. Lower the better. Since 4 weeks ago, Daily GJ closed below daily pivot.


Good Job analysis.

Thanx.
What goes up comes down, so always make Forex better than u met it.
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