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

  • #111,581
  • Sep 8, 2008 11:48am Sep 8, 2008 11:48am
Quoting Piters
annnd 50ema [5min] ??

oh yea
  • #111,582
  • Sep 8, 2008 11:50am Sep 8, 2008 11:50am
Quoting Scrat
well, this is the tricky part. i don't know if this is a correction on daily or on 4h... if it's daily, then we might see it as high as 200; if it is h4, then i think we're gonna see another push down pretty soon.
yes, and i did mention that i think we're up for a daily correction. this move down was very normal IMO, GJ did the same almost every time after we got a massive bear run and an ultra fast push up afterwords.
  • #111,583
  • Sep 8, 2008 11:54am Sep 8, 2008 11:54am
Quoting Scrat
well, this is the tricky part. i don't know if this is a correction on daily or on 4h... if it's daily, then we might see it as high as 200; if it is h4, then i think we're gonna see another push down pretty soon.
do u see that intraday TL scrat? i think we're about to get a breakout.
  • #111,584
  • Sep 8, 2008 12:02pm Sep 8, 2008 12:02pm
my 1hr qqe just crossed back up trading just below the gann hilo
Price does what price wants , I just need to be prepared.
  • #111,585
  • Sep 8, 2008 12:05pm Sep 8, 2008 12:05pm
191.20 Target
''Art is making something out of nothing and selling it'' Frank Zappa
  • #111,586
  • Sep 8, 2008 12:06pm Sep 8, 2008 12:06pm
Quoting sycho
for the records i see this lady on a long term rally to the downside ..have some work i put together and will show it to everybody tmrw y i tink g/j is goin to 180
am in love with forex..am holding my 3month old position from 213.the love of wampum is the root of all evil
Imanuel Parsifal
  • #111,587
  • Sep 8, 2008 12:15pm Sep 8, 2008 12:15pm
Quoting sycho
am in love with forex..am holding my 3month old position from 213.the love of wampum is the root of all evil
hi sycho,

just wondering whether the profit more than enough to cover the swap? that is why I do not normally hold my shorts.... even though technically speaking, I have been selling the rallies from 210.xx...
  • #111,588
  • Sep 8, 2008 12:17pm Sep 8, 2008 12:17pm
Quoting lilmoe
yes, and i did mention that i think we're up for a daily correction. this move down was very normal IMO, GJ did the same almost every time after we got a massive bear run and an ultra fast push up afterwords.
I agree .. having a little go of long also but the gbpusd acting really strange .. causing this volatility in gj
Blogging daily now at www.volume.zone
  • #111,589
  • Sep 8, 2008 12:21pm Sep 8, 2008 12:21pm
Quoting mko
hi sycho,

just wondering whether the profit more than enough to cover the swap? that is why I do not normally hold my shorts.... even though technically speaking, I have been selling the rallies from 210.xx...
if the lot is good,u can count on urself..though if u hav a good acc size u can negotiate the swap with ur brocker
Imanuel Parsifal
  • #111,590
  • Sep 8, 2008 12:22pm Sep 8, 2008 12:22pm
Quoting malcolmb14
I agree .. having a little go of long also but the gbpusd acting really strange .. causing this volatility in gj
i thought u liked that volatility looks really good on 1m/5m charts
  • #111,591
  • Sep 8, 2008 12:26pm Sep 8, 2008 12:26pm
Quoting malcolmb14
I agree .. having a little go of long also but the gbpusd acting really strange .. causing this volatility in gj
hel malcomb its been a while hw u doin old friend
Imanuel Parsifal
  • #111,592
  • Sep 8, 2008 12:32pm Sep 8, 2008 12:32pm
Quoting malcolmb14
I agree .. having a little go of long also but the gbpusd acting really strange .. causing this volatility in gj
It seems that London guys took profit. Maybe I am reading too much into it, but there seems to be a correlation with taking of profits/ retracements at London close and the direction for trade for the start of the next London session.
  • #111,593
  • Sep 8, 2008 12:36pm Sep 8, 2008 12:36pm
Quoting lilmoe
i thought u liked that volatility looks really good on 1m/5m charts
did open rnage breakdown play for 180 today.... before that was getting very frusatrated...lol
Blogging daily now at www.volume.zone
  • #111,594
  • Sep 8, 2008 12:37pm Sep 8, 2008 12:37pm
Quoting GodfreyH
It seems that London guys took profit. Maybe I am reading too much into it, but there seems to be a correlation with taking of profits/ retracements at London close and the direction for trade for the start of the next London session.
we should write a book about all the findings on this thread

it would definitely sell!
  • #111,595
  • Sep 8, 2008 12:37pm Sep 8, 2008 12:37pm
Quoting sycho
hel malcomb its been a while hw u doin old friend
sounds like you are having a great old time....just counting the pips
Blogging daily now at www.volume.zone
  • #111,596
  • Sep 8, 2008 12:39pm Sep 8, 2008 12:39pm
Quoting lilmoe
reentered, and doing good now. so far.. looking for a good chance to set SL to B/E
hopefully you could reach all your target.....I think if GJ at M30 close above gann then probably we will see GJ somewhere around 192.00 or 192.84 if break 195.00 bull will rule the trend for retracement to the north side.....however GJ still dominant bearish at this moment.....good luck man and enjoy your green pips....
  • #111,597
  • Sep 8, 2008 12:40pm Sep 8, 2008 12:40pm
i see the effect of thie bailout takeover as a short term one..all the market rallies for major indexies across thew globe...i see this effect dieing out within a couple of days/weeks and true south coming into play.yes d us feds will continue pumping in funds to sustain this thing,n thats wat we all traders hav been lookin for.to hav asses to d treasure and sell the living daylight out of it...south-south for d/j
Imanuel Parsifal
  • #111,598
  • Sep 8, 2008 12:42pm Sep 8, 2008 12:42pm
Quoting anakmelayufx
hopefully you could reach all your target.....I think if GJ at M30 close above gann then probably we will see GJ somewhere around 192.00 or 192.84 if break 195.00 bull will rule the trend for retracement to the north side.....however GJ still dominant bearish at this moment.....good luck man and enjoy your green pips....
  • #111,599
  • Sep 8, 2008 12:43pm Sep 8, 2008 12:43pm
Quoting lilmoe
we should write a book about all the findings on this thread

it would definitely sell!
  • #111,600
  • Sep 8, 2008 12:45pm Sep 8, 2008 12:45pm
Quoting malcolmb14
sounds like you are having a great old time....just counting the pips
yeah man wats left of our remaining forex days
Imanuel Parsifal
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