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

  • #118,921
  • Oct 3, 2008 7:50am Oct 3, 2008 7:50am
But price goes up first kills most day traders shorts amazing. Glad i'm no news trader.
Timing is everything
  • #118,922
  • Oct 3, 2008 7:52am Oct 3, 2008 7:52am
karmostaji, 184.72 seems strong, do you think it will be able to break it today?
I recommend you read something else as this sentence is now concluded.
  • #118,923
  • Oct 3, 2008 7:53am Oct 3, 2008 7:53am
Quoting Obaidah
karmostaji, 184.72 seems strong, do you think it will be able to break it today?
I'd say yes but trade what you see and don't follow blindly.

I'm remaining bearish with all my stops in profits, so I have no worries at all.
Trade what you see, not what you think.
  • #118,924
  • Oct 3, 2008 8:00am Oct 3, 2008 8:00am
Quoting karmostaji
I'd say yes but trade what you see and don't follow blindly.

I'm remaining bearish with all my stops in profits, so I have no worries at all.
neither have i, just waiting a break out to add one last short and buy a farari
I recommend you read something else as this sentence is now concluded.
  • #118,925
  • Oct 3, 2008 8:31am Oct 3, 2008 8:31am
US House to vote on bailout in 12pm-1pm EDT.
  • #118,926
  • Oct 3, 2008 8:33am Oct 3, 2008 8:33am
I am still predicting a passage of the rescue bill by the House today...

Bear market rallies are REMARKABLY steep and I forecast this one to be no different...

A test of the monthly 5 sma is coming...


Just one traders opinion....Always trade what you think in these EXTREMELY volatile times....
"Timing Is Everything. Really I Swear It Is"
  • #118,927
  • Oct 3, 2008 8:37am Oct 3, 2008 8:37am
Ok closed some of the shorts and gonna leave the SL of the rest in profits.

I'm done for the week, later all.
Trade what you see, not what you think.
  • #118,928
  • Oct 3, 2008 8:42am Oct 3, 2008 8:42am
Quoting karmostaji
Ok closed some of the shorts and gonna leave the SL of the rest in profits.

I'm done for the week, later all.
Great week
Timing is everything
  • #118,929
  • Oct 3, 2008 8:45am Oct 3, 2008 8:45am
wow lots of buyers , better join the crowd......
  • #118,930
  • Oct 3, 2008 8:47am Oct 3, 2008 8:47am
Someone knows what could be the reason for the last jump of Geppy?

Hunting Karmos SL?
  • #118,931
  • Oct 3, 2008 8:49am Oct 3, 2008 8:49am
Quoting Dealgone
Someone knows what could be the reason for the last jump of Geppy?

Hunting Karmos SL?
hm, how about FIBO 61 on GY, and FIBO 50 on UY ??
  • #118,932
  • Oct 3, 2008 9:03am Oct 3, 2008 9:03am
buy buy buy............................plus 90pips
  • #118,933
  • Oct 3, 2008 9:15am Oct 3, 2008 9:15am
Hello from Canada everyone......just joining forum.

Dow opened up +100 points at 9:30 EST which pushed the pair right up is my guess. Still looking bearish to me but waiting to see candle closing on this one hour. It is closes above Gann and breaks 50 EMA, which it hasn't done since 9/28/08, we could have an up move for a little while.

This may be a day now to sit out and watch vote and market reaction.
  • #118,934
  • Oct 3, 2008 9:20am Oct 3, 2008 9:20am
This is all big guys doing there thing. They have induced a lot of low level sellers and now they are making spordic spikes to kill off the stops. I suspect they are going to use the house vote to spike UJ to 107 and GJ and then once higher level buyers are induced they will spike it down
  • #118,935
  • Oct 3, 2008 9:34am Oct 3, 2008 9:34am
lilmoe, sorry about yesterday... i kinda dozed off.
here is a PF chart for g-j. just tell me what do you think at first sight.
Attached Image (click to enlarge)
Click to Enlarge Name: gjpf.gif Size: 19 KB
Nihil Sine Deo.
  • #118,936
  • Oct 3, 2008 9:43am Oct 3, 2008 9:43am
I believe there is a sell rally coming for both the G/J and G/U? Any ideas if it is a good time to short now?
  • #118,937
  • Oct 3, 2008 9:49am Oct 3, 2008 9:49am
Quoting Dealgone
Someone knows what could be the reason for the last jump of Geppy?

Hunting Karmos SL?
short term wave 5 down just completed as of last night or this morning.
i believe it's time for ABC correction up (short term).
Attached Image (click to enlarge)
Click to Enlarge Name: 7.gif Size: 18 KB
  • #118,938
  • Oct 3, 2008 9:54am Oct 3, 2008 9:54am
A 1hr close above 187.5 would be a good sign for longs.
4hr gann flipped if we close like this in 1hr I will go long
  • #118,939
  • Oct 3, 2008 9:58am Oct 3, 2008 9:58am
I'm smelling pre-emptive BullShit in the market. This bill had better pass or alot of the longs will end up with egg on their faces and whatever DJ gains made today will be given triple back on Monday. 400 pips spike up in 2 hours on extremely negative news? I don't think so...
  • #118,940
  • Oct 3, 2008 9:58am Oct 3, 2008 9:58am
Attached Image (click to enlarge)
Click to Enlarge Name: gbp-jpy-bull.jpg Size: 58 KB
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