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

  • #112,701
  • Sep 12, 2008 2:58am Sep 12, 2008 2:58am
Quoting msxy68
A gap on Monday,maybe.But is't G or J? Pl.guess.

I would not hold gj over the weekend .... if you are wrong it could be 400 pips loss ..... that is my 2 cents

there are hundreds and hundreds of pips to be during the week right now .. why try a high risk gamble on something you have no control over
Blogging daily now at www.volume.zone
  • #112,702
  • Sep 12, 2008 3:03am Sep 12, 2008 3:03am
Quoting malcolmb14
I would not hold gj over the weekend .... if you are wrong it could be 400 pips loss ..... that is my 2 cents

there are hundreds and hundreds of pips to be during the week right now .. why try a high risk gamble on something you have no control over
Thanks. You're right.
  • #112,703
  • Edited 3:57am Sep 12, 2008 3:19am | Edited 3:57am
Ok this is scary.

Malcolmb my friend, can you please do something to breach the 190.38 Res?

Would be greatly apreciated!

Ok, this is a really important level, if we breach it we are talking about a bull friday.

Seems that 190.38 has been breached.. should we long?

This is lonely, Echo. Echo.. Echo... Echo.... Echo........

I am longing now!

oh shit! my longs are not looking good, pips from being stoped. IS ANYBODY HERE!!
The market can stay irrational, longer than you can stay solvent.
  • #112,704
  • Sep 12, 2008 3:57am Sep 12, 2008 3:57am
Quoting bmvmx
Ok this is scary.



This is lonely, Echo. Echo.. Echo... Echo.... Echo........

I am longing now!

Its Friday prayers and Friday is the weekend in the middle east. Also its Ramadan..which probably explains why its so quite.

Wish I knew enough to offer an opinion.
  • #112,705
  • Sep 12, 2008 3:59am Sep 12, 2008 3:59am
Quoting alearner
Its Friday prayers and Friday is the weekend in the middle east. Also its Ramadan..which probably explains why its so quite.

Wish I knew enough to offer an opinion.
Thank God someone is here, I thought every bear was death by the bullfight or something. Evaluating closing longs with little loss. I am unconfortable with this trade.
The market can stay irrational, longer than you can stay solvent.
  • #112,706
  • Sep 12, 2008 4:01am Sep 12, 2008 4:01am
Quoting bmvmx
Ok this is scary.

Malcolmb my friend, can you please do something to breach the 190.38 Res?

Would be greatly apreciated!

Ok, this is a really important level, if we breach it we are talking about a bull friday.

Seems that 190.38 has been breached.. should we long?

This is lonely, Echo. Echo.. Echo... Echo.... Echo........

I am longing now!

oh shit! my longs are not looking good, pips from being stoped. IS ANYBODY HERE!!
i have 190.77 as R2 and it came pretty damn close to it, which is why its pulling back a lil now. i closed all my positions for now, but i think its going to retest the top. H4 is above gann and crossed up. we should see a bullish friday. im going to sleep and dont want to leave any positions open. good luck with your trade.
  • #112,707
  • Sep 12, 2008 4:28am Sep 12, 2008 4:28am
I closed longs with 5k loss, but better with a loss than unconfortable. so dont know what will happen next.
The market can stay irrational, longer than you can stay solvent.
  • #112,708
  • Sep 12, 2008 4:33am Sep 12, 2008 4:33am
my longs worked out pretty well. and i think there is more room to the upside.
my targets are 191.70, then 195.30 - and if this one is broken to the upside, then i'll aim for upper 204.
Attached Image (click to enlarge)
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Nihil Sine Deo.
  • #112,709
  • Sep 12, 2008 5:01am Sep 12, 2008 5:01am
Quoting Scrat
my longs worked out pretty well. and i think there is more room to the upside.
my targets are 191.70, then 195.30 - and if this one is broken to the upside, then i'll aim for upper 204.
hmmmm, should saw that chart before making my call, and of course, I should had listened to you.

You know what, I trust your analysis alot Scrat.

Ill see for more longing over the upper side of that TL.

good luck with those longs!
The market can stay irrational, longer than you can stay solvent.
  • #112,710
  • Sep 12, 2008 5:08am Sep 12, 2008 5:08am
i posted this chart several times, as price went down and up.
i admit i was a little bit confused when i saw a new low yesterday, and i thought that we might see a continuation of the downtrend. but then london pushed it higher before they closed so my idea about the downtrend was not confirmed.
and more important, the wedge on h4 chart was not matured. it is starting to mature only now, so i would watch for a bounce down at that upper green trend line.
if you watch the charts, you can't go wrong.

Quoting bmvmx
hmmmm, should saw that chart before making my call, and of course, I should had listened to you.

You know what, I trust your analysis alot Scrat.

Ill see for more longing over the upper side of that TL.

good luck with those longs!
Nihil Sine Deo.
  • #112,711
  • Sep 12, 2008 5:14am Sep 12, 2008 5:14am
Nice breakout from the penant, clearly holding above 21 34 ema from pure buying. both cable and geppy. Looks like the fix is in for a bottom near term
"Millionaires don't use astrology, billionaires do"
  • #112,712
  • Sep 12, 2008 5:24am Sep 12, 2008 5:24am
Quoting Scrat
my longs worked out pretty well. and i think there is more room to the upside.
my targets are 191.70, then 195.30 - and if this one is broken to the upside, then i'll aim for upper 204.
that was a pretty easy breakout to trade

hope everyone else got it! longs looking VERY good ATM.
  • #112,713
  • Sep 12, 2008 5:28am Sep 12, 2008 5:28am
Mamamia! lol

I just woke up and see my shorts were all stopped out in profit, I wasn't expecting to see my chart with this many green candles lol
Trade what you see, not what you think.
  • #112,714
  • Sep 12, 2008 5:46am Sep 12, 2008 5:46am
5min H&S neckline broken
  • #112,715
  • Sep 12, 2008 5:49am Sep 12, 2008 5:49am
Quoting karmostaji
Mamamia! lol

I just woke up and see my shorts were all stopped out in profit, I wasn't expecting to see my chart with this many green candles lol
You just woke up??? Where are you? It's almost 3pm in Dubai

We had a fun night .. first short, then long, then short again .. well that was me, everyone has been doing their own thing.
  • #112,716
  • Sep 12, 2008 5:49am Sep 12, 2008 5:49am
for me....i smell shortssssss....
''Art is making something out of nothing and selling it'' Frank Zappa
  • #112,717
  • Sep 12, 2008 5:51am Sep 12, 2008 5:51am
M30 indicators looking bearish again in overbought areas.
  • #112,718
  • Sep 12, 2008 5:51am Sep 12, 2008 5:51am
Quoting vifer
for me....i smell shortssssss....
I am awaiting karmo's latest pearls of wisdom....
  • #112,719
  • Sep 12, 2008 5:58am Sep 12, 2008 5:58am
We are above the 4hr gann and the 4hr QQE is crossed up...so I believe Karmo is more than likely bullish....
  • #112,720
  • Sep 12, 2008 6:02am Sep 12, 2008 6:02am
Quoting cancunkev
We are above the 4hr gann and the 4hr QQE is crossed up...so I believe Karmo is more than likely bullish....
I am waiting .. sucking slowly on my patience pill...any minute his latest analysis will appear
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