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

  • #109,001
  • Aug 27, 2008 10:17pm Aug 27, 2008 10:17pm
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 27, 2008 10:42pm Aug 27, 2008 10:42pm
Quoting bmvmx
Let the force be with all of you!
is it time for us to fall yet?
  • #109,003
  • Aug 27, 2008 11:04pm Aug 27, 2008 11:04pm
Quoting Dr.Geppynius

EY 159
GJ 199.90 imho
mission accomplished
  • #109,004
  • Aug 27, 2008 11:05pm Aug 27, 2008 11:05pm
hello 199
  • #109,005
  • Aug 27, 2008 11:06pm Aug 27, 2008 11:06pm
Quoting Dr.Geppynius
mission accomplished
  • #109,006
  • Aug 27, 2008 11:07pm Aug 27, 2008 11:07pm
lilmoe, u warming it up?
  • #109,007
  • Aug 27, 2008 11:08pm Aug 27, 2008 11:08pm
Quoting Eulogy
lilmoe, u warming it up?
what price are you guys targeting?
  • #109,008
  • Aug 27, 2008 11:11pm Aug 27, 2008 11:11pm
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 27, 2008 11:12pm Aug 27, 2008 11:12pm
Quoting lilmoe
hello 199
hi lilmoe
no 199 we will see a retest in 192
look GBPAUD
  • #109,010
  • Aug 27, 2008 11:15pm Aug 27, 2008 11:15pm
Quoting rogerdoger
what price are you guys targeting?
168.8

I'm seeing around 198 before a significant bounce.
  • #109,011
  • Aug 27, 2008 11:16pm Aug 27, 2008 11:16pm
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 27, 2008 11:21pm Aug 27, 2008 11:21pm
long, purely based on 200 psychological level. play lots.
TRADE FOR SWAP
  • #109,013
  • Aug 27, 2008 11:21pm Aug 27, 2008 11:21pm
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 27, 2008 11:23pm Aug 27, 2008 11:23pm
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 27, 2008 11:27pm Aug 27, 2008 11:27pm
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 27, 2008 11:31pm Aug 27, 2008 11:31pm
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 27, 2008 11:36pm Aug 27, 2008 11:36pm
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 27, 2008 11:41pm Aug 27, 2008 11:41pm
  • #109,019
  • Aug 27, 2008 11:42pm Aug 27, 2008 11:42pm
Trend lines to watch on gbp/usd.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 26 KB
  • #109,020
  • Aug 27, 2008 11:50pm Aug 27, 2008 11:50pm
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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