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

  • #109,221
  • Aug 28, 2008 10:51pm Aug 28, 2008 10:51pm
here ya go
Attached Image
The Only Constant Is Change!
  • #109,222
  • Aug 28, 2008 11:32pm Aug 28, 2008 11:32pm
im short g/j who's with me for the ride?
  • #109,223
  • Aug 28, 2008 11:37pm Aug 28, 2008 11:37pm
I am short since 1-st of August. Now just add some more positions and trail them. Good luck.
Quoting rogerdoger
im short g/j who's with me for the ride?
It’s just emotions & money
  • #109,224
  • Aug 28, 2008 11:41pm Aug 28, 2008 11:41pm
Quoting Val144
I am short since 1-st of August. Now just add some more positions and trail them. Good luck.

Sell stop @ 199.00
  • #109,225
  • Aug 28, 2008 11:53pm Aug 28, 2008 11:53pm
Quoting rogerdoger
im short g/j who's with me for the ride?
i kept adding 200.80 and recent 199.70 pullback. too obvious that this drop isn't over and of course, all jpy news are good. i love how the news always tend in their desired manipulative direction. yesterday was a perfect example...price did not rise because of demand and now we see it.

take care for london opening in 10m. i suppose they could reverse up to 200 area.

don't place your sell stop too early..watch price behavior at 199. round number support tends to give a decent bounce.
if not..downtown express.
  • #109,226
  • Aug 28, 2008 11:54pm Aug 28, 2008 11:54pm
I have TP1 @ 199.08 & TP2 198.35 for London session. Any comments are well come.
It’s just emotions & money
  • #109,227
  • Aug 29, 2008 12:33am Aug 29, 2008 12:33am
Quoting shahroodi
http://qsmile.com/qsimages/59.gif http://qsmile.com/qsimages/59.gif

edit:today-after daily candle formed-i shorted GJ at 200.20...sl now at BEhttp://qsmile.com/qsimages/70.gif
closed at 199.20 with +100 http://qsmile.com/qsimages/70.gifhttp://qsmile.com/qsimages/70.gif
  • #109,228
  • Aug 29, 2008 12:41am Aug 29, 2008 12:41am
Friday is Now Falling, any Target point ? ? ? !!!!!
What goes up comes down, so always make Forex better than u met it.
  • #109,229
  • Aug 29, 2008 12:42am Aug 29, 2008 12:42am
Quoting hussin naiji
wait for free fall shshi
  • #109,230
  • Aug 29, 2008 12:43am Aug 29, 2008 12:43am
Quoting mustaji
Friday is Now Falling, any Target point ? ? ? !!!!!
198.23 i hope
  • #109,231
  • Aug 29, 2008 12:49am Aug 29, 2008 12:49am
are longs tired of fighting the trend yet?

morning all!

  • #109,232
  • Aug 29, 2008 12:50am Aug 29, 2008 12:50am
we could see close to 195 today

reasons:

1 - last trading day of the month - vanillas/options expiry
2 - risk aversion seems to be the theme because JPY, CHF, Gold are the only 3 things not going down against the USD

3 - US markets closed monday - they may want to take GBP/JPY longs off the table considering geopolitical issues (russia could close oil to west as early as Monday)

4 - in recent months - last 2 times when it touched 200 - the drop was atleast 400 pips from there

just my 2 pips
  • #109,233
  • Aug 29, 2008 12:55am Aug 29, 2008 12:55am
Quoting lilmoe
are longs tired of fighting the trend yet?

morning all!

What's your target for today?Thanks
  • #109,234
  • Aug 29, 2008 12:56am Aug 29, 2008 12:56am
Quoting marcb
What's your target for today?Thanks
i have a feeling we'll see 195.xx
  • #109,235
  • Aug 29, 2008 12:57am Aug 29, 2008 12:57am
Quoting lilmoe
i have a feeling we'll see 195.xx
how far back up do you think this can go?
  • #109,236
  • Aug 29, 2008 12:58am Aug 29, 2008 12:58am
I just need UJ collapse. UJ collapse.
  • #109,237
  • Aug 29, 2008 1:00am Aug 29, 2008 1:00am
Quoting marcb
What's your target for today?Thanks

i think 100 sma monthly 197.88 its a good target.......maybe its a pit stop too for retracement!!
Attached Image (click to enlarge)
Click to Enlarge Name: ke.gif Size: 17 KB
  • #109,238
  • Aug 29, 2008 1:09am Aug 29, 2008 1:09am
Support and Resistance
Attached Image (click to enlarge)
Click to Enlarge Name: monthly chart gj.gif Size: 30 KB
[
  • #109,239
  • Aug 29, 2008 1:12am Aug 29, 2008 1:12am
U/J 108.70 gone now maybe we see some real action!
Q
The Only Constant Is Change!
  • #109,240
  • Aug 29, 2008 1:17am Aug 29, 2008 1:17am
Quoting rogerdoger
how far back up do you think this can go?
i'm not sure, but 199.78 isn't easy resistance at the moment, and if we get back there, i'm adding more shorts
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