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

  • #109,921
  • Sep 3, 2008 3:37am Sep 3, 2008 3:37am
usdjpy helps GJ down... but!
''Art is making something out of nothing and selling it'' Frank Zappa
  • #109,922
  • Sep 3, 2008 3:39am Sep 3, 2008 3:39am
Quoting ezz
the news came out good :'(
Although slightly better than expected news, no reaction apart from a little hick up by the Beast. Dont think anything will stop it now from going down.
  • #109,923
  • Sep 3, 2008 3:41am Sep 3, 2008 3:41am
Quoting Macedonia
Although slightly better than expected news, no reaction apart from a little hick up by the Beast. Dont think anything will stop it now from going down.
how far up do you think it can pull back up to?
192.42?
  • #109,924
  • Sep 3, 2008 3:42am Sep 3, 2008 3:42am
lol..the news are ALWAYS a trap! if you still don't got it, don't think about trading on 1h before/after news.

and yes, good news supports our shorts.
  • #109,925
  • Sep 3, 2008 3:50am Sep 3, 2008 3:50am
Quoting lilmoe
morning all

cable might bounce from here
we did, after a 40 pip drawdown, jeez..
  • #109,926
  • Sep 3, 2008 3:51am Sep 3, 2008 3:51am
I see 160
  • #109,927
  • Sep 3, 2008 3:51am Sep 3, 2008 3:51am
Quoting Dr.Geppynius

and yes, good news supports our shorts.
Yeh, i use reverse psycology these days. common sense tells me good news is good for pound. But if i do the opisite to what i think, it works out. so i never listen to my self anymore
  • #109,928
  • Sep 3, 2008 3:57am Sep 3, 2008 3:57am
has nothing to do with reverse psychology. it is by design of the markets.
  • #109,929
  • Sep 3, 2008 4:14am Sep 3, 2008 4:14am
Quoting Dr.Geppynius
has nothing to do with reverse psychology. it is by design of the markets.
Reading FF details for this particular news release states, "actual > forecast = good for curency" positive would indicate industry expansion, below indicates contraction. its a leading indicator for economic health......
  • #109,930
  • Sep 3, 2008 4:15am Sep 3, 2008 4:15am
The "Ship"...

The beast is on she keeps turning up, and trying to rise but
still getting "Pimp-Slapped" in the 50's by the Bears !

From Asia's open-ish time She traveled Apx 198 of her ATR of 216.
Q: Is is her ATR Dead for the trip south now?

I have to agree w/you Lil'Moe, She's attracting nothing BUT buyers,
hanging around these lows, w/the ATR pretty much traveled.
I will work to Objectively Identify my Edges
  • #109,931
  • Sep 3, 2008 4:20am Sep 3, 2008 4:20am
Quoting TerpFan2
The "Ship"...

The beast is on she keeps turning up, and trying to rise but
still getting "Pimp-Slapped" in the 50's by the Bears !

From Asia's open-ish time She traveled Apx 198 of her ATR of 216.
Q: Is is her ATR Dead for the trip south now?

I have to agree w/you Lil'Moe, She's attracting nothing BUT buyers,
hanging around these lows, w/the ATR pretty much traveled.
I know, BUT we had penetrated last primary support, so I think bull wil have to wait or they will be killed by bears as soon as they enter.

Of course its Wed, so we will have a retrace, but I am very suspicious about from wich point.

Lilmoe, my friend, are you supporting more short move?

I am really very confused.
The market can stay irrational, longer than you can stay solvent.
  • #109,932
  • Sep 3, 2008 4:25am Sep 3, 2008 4:25am
Quoting bmvmx
I know, BUT we had penetrated last primary support, so I think bull wil have to wait or they will be killed by bears as soon as they enter.

Of course its Wed, so we will have a retrace, but I am very suspicious about from wich point.
Roger THAT,
That's what appears to be happening. Now GU fell back off the wagon!
I will work to Objectively Identify my Edges
  • #109,933
  • Sep 3, 2008 4:29am Sep 3, 2008 4:29am
possible reversal for gbpusd around 1.7650 ?
I recommend you read something else as this sentence is now concluded.
  • #109,934
  • Sep 3, 2008 4:31am Sep 3, 2008 4:31am
Quoting Macedonia
Reading FF details for this particular news release states, "actual > forecast = good for curency" positive would indicate industry expansion, below indicates contraction. its a leading indicator for economic health......
you think you as small retail trader should benefit from the news?
  • #109,935
  • Sep 3, 2008 4:32am Sep 3, 2008 4:32am
Quoting bmvmx
I know, BUT we had penetrated last primary support, so I think bull wil have to wait or they will be killed by bears as soon as they enter.

Of course its Wed, so we will have a retrace, but I am very suspicious about from wich point.

Lilmoe, my friend, are you supporting more short move?

I am really very confused.
out of all wednesdays, i don't think this one in particular will have a retrace.... we just broke 192.50 guys.... we should freefall soon
  • #109,936
  • Sep 3, 2008 4:37am Sep 3, 2008 4:37am
GJ price is going down. UJ should thank soon. GU is extremly weak. Like Karmo my target is around 187.xx - 188.00. Chart tells more then me.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gj-1w.gif Size: 24 KB
Click to Enlarge Name: 3sepGJ.PNG Size: 215 KB
It’s just emotions & money
  • #109,937
  • Sep 3, 2008 4:46am Sep 3, 2008 4:46am
i recently fell in love with gbpjpy, look at that baby's downtrend
Twitter: @forexpokerpro
  • #109,938
  • Sep 3, 2008 4:49am Sep 3, 2008 4:49am
Quoting lilmoe
out of all wednesdays, i don't think this one in particular will have a retrace.... we just broke 192.50 guys.... we should freefall soon
Buckle Up Dorothy, because Kansas is going Bye Bye!!
The market can stay irrational, longer than you can stay solvent.
  • #109,939
  • Sep 3, 2008 5:39am Sep 3, 2008 5:39am
  •  Trader#0000
  • | Status: Unregistered Trader
with halifax coming up tomorrow

I see gj at 195
  • #109,940
  • Sep 3, 2008 6:27am Sep 3, 2008 6:27am
Quoting BBPI_fxtrader
i recently fell in love with gbpjpy, look at that baby's downtrend

And to think I almost shorted from 220 man, still kicking myself
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