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

  • #109,001
  • Aug 28, 2008 12:17am Aug 28, 2008 12:17am
Quoting lilmoe
goodmorning


bye bye 203

bye bye 202

bye bye 201
Let the force be with all of you!
The market can stay irrational, longer than you can stay solvent.
  • #109,002
  • Aug 28, 2008 12:42am Aug 28, 2008 12:42am
Quoting bmvmx
Let the force be with all of you!
is it time for us to fall yet?
  • #109,003
  • Aug 28, 2008 1:04am Aug 28, 2008 1:04am
Quoting Dr.Geppynius

EY 159
GJ 199.90 imho
mission accomplished
  • #109,004
  • Aug 28, 2008 1:05am Aug 28, 2008 1:05am
hello 199
  • #109,005
  • Aug 28, 2008 1:06am Aug 28, 2008 1:06am
Quoting Dr.Geppynius
mission accomplished
  • #109,006
  • Aug 28, 2008 1:07am Aug 28, 2008 1:07am
lilmoe, u warming it up?
  • #109,007
  • Aug 28, 2008 1:08am Aug 28, 2008 1:08am
Quoting Eulogy
lilmoe, u warming it up?
what price are you guys targeting?
  • #109,008
  • Aug 28, 2008 1:11am Aug 28, 2008 1:11am
frankfurt will supposedly create a fake upmove till london opens in 50 minutes...
thats the only thing they are good for ^^

gj markets is still very very weak. had enough positive tests and signs for an upmove during the asian session but the pro's were not interested. so down we should go...

yen futures looks like rolling over on the 60m. this oculd lead us to a little retracement, also affecting geppy.

on the long run my next target is 190 if we are able to stay below 199.90.
  • #109,009
  • Aug 28, 2008 1:12am Aug 28, 2008 1:12am
Quoting lilmoe
hello 199
hi lilmoe
no 199 we will see a retest in 192
look GBPAUD
  • #109,010
  • Aug 28, 2008 1:15am Aug 28, 2008 1:15am
Quoting rogerdoger
what price are you guys targeting?
168.8

I'm seeing around 198 before a significant bounce.
  • #109,011
  • Aug 28, 2008 1:16am Aug 28, 2008 1:16am
Hi all,
Goodday all, a new down and new retest, although waking up too late to brush up properly.
Anybody with Idea of its new heading?

Is LONGING an advise for all traders today !

OBSERVING ! ! !
What goes up comes down, so always make Forex better than u met it.
  • #109,012
  • Aug 28, 2008 1:21am Aug 28, 2008 1:21am
long, purely based on 200 psychological level. play lots.
TRADE FOR SWAP
  • #109,013
  • Aug 28, 2008 1:21am Aug 28, 2008 1:21am
Quoting mustaji
Hi all,
Goodday all, a new down and new retest, although waking up too late to brush up properly.
Anybody with Idea of its new heading?

Is LONGING an advise for all traders today !

OBSERVING ! ! !
you'll find enough dead bull meat along the road

until now, there is no sign of professional interest in higher prices. profit taking retracements and so an are not counted. happy pipping!
  • #109,014
  • Aug 28, 2008 1:23am Aug 28, 2008 1:23am
Quoting Dr.Geppynius
you'll find enough dead bull meat along the road

until now, there is no sign of professional interest in higher prices. profit taking retracements and so an are not counted. happy pipping!
how far up do you think this can go before heading back down?
  • #109,015
  • Aug 28, 2008 1:27am Aug 28, 2008 1:27am
monthly 50% retrace from 148.19 too 251.09 may see nice bounce there gj loves 50% retraces...
Price does what price wants , I just need to be prepared.
  • #109,016
  • Aug 28, 2008 1:31am Aug 28, 2008 1:31am
Monthly 100 sma so a couple nice area we could bounce from!!!
Price does what price wants , I just need to be prepared.
  • #109,017
  • Aug 28, 2008 1:36am Aug 28, 2008 1:36am
Quoting rogerdoger
how far up do you think this can go before heading back down?
i don't suppose it to go higher than 200.50 area at the moment. last red 5m bar again showed weakness..and this near a low where many people tend to buy. decreasing vol on up bars also supports the short side and smells like upmarking, not real demand. situation of course can suddenly change, but right now no interest to the north. london boys will perhaps do some little retrace...watch the opening bar of london...if it is wide spread up on pretty high vol this is would be an obvious hint of a continuing drop.

above 201.20 it could retrace further.

just my thoughts, which could be wrong 100%, so don't take this as advice.
  • #109,018
  • Aug 28, 2008 1:41am Aug 28, 2008 1:41am
  • #109,019
  • Aug 28, 2008 1:42am Aug 28, 2008 1:42am
Trend lines to watch on gbp/usd.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 26 KB
  • #109,020
  • Aug 28, 2008 1:50am Aug 28, 2008 1:50am
some decent support building on GBP/JPY here.

I know its still really early - but i do agree 201.20 is the barrier to get over ensure any momentum up on it
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