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

  • #123,561
  • Oct 19, 2008 7:20pm Oct 19, 2008 7:20pm
major uptrend found !!!
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  • #123,562
  • Oct 19, 2008 7:28pm Oct 19, 2008 7:28pm
forexlion is this for REAL or joking? lol

you were laughing at the end so.....

Quoting forexlion
major uptrend found !!!
  • #123,563
  • Oct 19, 2008 7:38pm Oct 19, 2008 7:38pm
IMO, 4hr 50ema is major resistance... GJ need close above that to go higher.

Anyway, I will be buying dips for now.
Do not follow my trades. Trade what you see on your own charts.
  • #123,564
  • Oct 19, 2008 8:02pm Oct 19, 2008 8:02pm
I think everybody is looking at these barriers .. 4H chart, either 176.50 or 173.90.
If it breaks higher, the highest it can go would be 178.60 .. that's how I interpreted it. On the downside I would also agree it would not break lower than 173.90.
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  • #123,565
  • Oct 19, 2008 8:15pm Oct 19, 2008 8:15pm
185.40 is my TP
Trade what you see, not what you think.
  • #123,566
  • Oct 19, 2008 8:22pm Oct 19, 2008 8:22pm
Quoting karmostaji
185.40 is my TP
yeah, after we pay a visit to 172
"Everybody needs money. That's why they call it money" - Danny De Vito
  • #123,567
  • Oct 19, 2008 8:23pm Oct 19, 2008 8:23pm
Quoting slide
yeah, after we pay a visit to 172
.. sorry .. I have to laugh ..
  • #123,568
  • Oct 19, 2008 8:25pm Oct 19, 2008 8:25pm
Quoting slide
yeah, after we pay a visit to 172
strong possibility.
  • #123,569
  • Oct 19, 2008 8:30pm Oct 19, 2008 8:30pm
Quoting karmostaji
185.40 is my TP
what's your entry?
  • #123,570
  • Oct 19, 2008 8:32pm Oct 19, 2008 8:32pm
Quoting moneybookers
what's your entry?
175.40
Trade what you see, not what you think.
  • #123,571
  • Oct 19, 2008 8:36pm Oct 19, 2008 8:36pm
Quoting slide
yeah, after we pay a visit to 172
Can you tell me why do you think that we will see 172?
Do not follow my trades. Trade what you see on your own charts.
  • #123,572
  • Oct 19, 2008 8:36pm Oct 19, 2008 8:36pm
Quoting karmostaji
175.40
i agree on GJ uptrend as finicial market on recovery,not means stock market will also catch up.also weaker USD in play now.
  • #123,573
  • Oct 19, 2008 8:39pm Oct 19, 2008 8:39pm
Quoting moneybookers
i agree on GJ uptrend as finicial market on recovery,not means stock market will also catch up.also weaker USD in play now.
price is currently in a big bear flag, even if it goes to 185, GJ will still be in a big bear flag

I'll trade the bounces within the flag until it breaks, mostly likely to the downside.
Trade what you see, not what you think.
  • #123,574
  • Oct 19, 2008 8:43pm Oct 19, 2008 8:43pm
Quoting android
Someone who had tried a Swiss broker (not sure if this was this one) told me that the spreads were small, but in practice the executions can take painfully long, meaning that for market orders the real spreads can be huge. He eventually cancelled that account.

Thank you, I have about 3 private messages regarding MIG, and they are all positive information regarding http://www.migfx.ch/ I am incline to think, that the Swiss broker, you mentioned in your post is not the same. Thanks again for your reply.
  • #123,575
  • Oct 19, 2008 8:48pm Oct 19, 2008 8:48pm
Quoting karmostaji
price is currently in a big bear flag, even if it goes to 185, GJ will still be in a big bear flag

I'll trade the bounces within the flag until it breaks, mostly likely to the downside.
i see what you are talking,if GJ goes t0 185,very good place to add shorts. buying dips is good this week i think
  • #123,576
  • Oct 19, 2008 8:49pm Oct 19, 2008 8:49pm
Quoting karmostaji
price is currently in a big bear flag, even if it goes to 185, GJ will still be in a big bear flag

I'll trade the bounces within the flag until it breaks, mostly likely to the downside.

The Nikkei is currently up over +140 points

http://www.nni.nikkei.co.jp/CF/FR/MKJ/

Which may cause GBP/JPY to move higher, at least for a short period, before going lower. The Key will be if the Nikkei Close up high or not.
  • #123,577
  • Oct 19, 2008 8:54pm Oct 19, 2008 8:54pm
Quoting Serendipity
forexlion is this for REAL or joking? lol

you were laughing at the end so.....
that was a 1 min chart, how could i be serious with a major uptrend on a 1 min chart.

unless 176.50 is taken out i am not in favor of longs

with 176.50 barrier in place i will prefer to attack the 173.86 support.
  • #123,578
  • Oct 19, 2008 9:21pm Oct 19, 2008 9:21pm
Quoting forexlion
that was a 1 min chart, how could i be serious with a major uptrend on a 1 min chart.

unless 176.50 is taken out i am not in favor of longs

with 176.50 barrier in place i will prefer to attack the 173.86 support.
Agreed on 176.5.

Going long if the 30M closes above it since she gave way.
  • #123,579
  • Oct 19, 2008 9:45pm Oct 19, 2008 9:45pm
priceless...
  • #123,580
  • Oct 19, 2008 9:46pm Oct 19, 2008 9:46pm
Anyone up for a 1000 pips move? Let's hope the last 15 minutes of this hourly candle doesn't take price back to 176.40 then it will be a clear hourly breakout. Jump on the pip train if you haven't.
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