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

  • #126,661
  • Oct 27, 2008 1:57am Oct 27, 2008 1:57am
This is wierd, its like everybody has just stopped and waiting for the next move
99% of Traders fail, so don't follow the herd
  • #126,662
  • Oct 27, 2008 2:00am Oct 27, 2008 2:00am
darn, jumped out too early.
still keeping one short from 150.
  • #126,663
  • Oct 27, 2008 2:00am Oct 27, 2008 2:00am
Quoting Money-RX
I have been watching Bberg all night and they have not announced actual intervention. Only alot of reports that the G-7/Japan statements have not had much of an effect of the yen.

Somethings coming for sure.
I saw an intervention head line now it is not being run. Pity I did not tape it.

Does not look like they will start for a while as all hell is breaking loose again.

They will wait till it is a bit quieter I am sure.

Sorry if I got it wrong.
Timing is everything
  • #126,664
  • Oct 27, 2008 2:13am Oct 27, 2008 2:13am
sweeeeet
patience pays off.
  • #126,665
  • Oct 27, 2008 2:14am Oct 27, 2008 2:14am
Quoting Gull
I saw an intervention head line now it is not being run. Pity I did not tape it.

Does not look like they will start for a while as all hell is breaking loose again.

They will wait till it is a bit quieter I am sure.

Sorry if I got it wrong.
you owe us 20 pips. (J/K)
  • #126,666
  • Oct 27, 2008 2:17am Oct 27, 2008 2:17am
Quoting Petefaders
sweeeeet
patience pays off.
it does...trying to learn some myself
--post hoc ergo propter hoc--
  • #126,667
  • Oct 27, 2008 2:17am Oct 27, 2008 2:17am
i love green pips

especially when i get stopped out of a sell order
  • #126,668
  • Oct 27, 2008 2:18am Oct 27, 2008 2:18am
welcome back lilmoe. did you leave your short at 148.50? you must be seeing GREEEN all over lol

Quoting lilmoe
i love green pips
  • #126,669
  • Oct 27, 2008 2:18am Oct 27, 2008 2:18am
It is going alarmingly dow , any cause effect /explanation .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #126,670
  • Oct 27, 2008 2:19am Oct 27, 2008 2:19am
Quoting Serendipity
welcome back lilmoe. did you leave your short at 148.50? you must be seeing GREEEN all over lol
lol, i was stopped out of both that and the sell stop order. but managed to reenter. it's ok though
  • #126,671
  • Oct 27, 2008 2:21am Oct 27, 2008 2:21am
now now lilmoe. isnt your daily target 50,000 pips? need to catchup bro lol. joking. i am sure you met your MONTHLY target! lol

Quoting lilmoe
lol, i was stopped out of both that and the sell stop order. but managed to reenter. it's ok though
  • #126,672
  • Oct 27, 2008 2:26am Oct 27, 2008 2:26am
Quoting lilmoe
lol, i was stopped out of both that and the sell stop order. but managed to reenter. it's ok though
market seems bottomless,ppl really panic now
  • #126,673
  • Oct 27, 2008 2:27am Oct 27, 2008 2:27am
lilmoe you reentered shorts? your target 139 or?

Quoting lilmoe
lol, i was stopped out of both that and the sell stop order. but managed to reenter. it's ok though
  • #126,674
  • Oct 27, 2008 2:30am Oct 27, 2008 2:30am
IMO, we should see one more leg up. GJ just touched 61.8% FR of the last move up from 139-151.

Closed 1/2 shorts and will add more.
Do not follow my trades. Trade what you see on your own charts.
  • #126,675
  • Oct 27, 2008 2:30am Oct 27, 2008 2:30am
Quoting Serendipity
lilmoe you reentered shorts? your target 139 or?

yea, reentered at 146...

i hope we take out 139
  • #126,676
  • Oct 27, 2008 2:32am Oct 27, 2008 2:32am
Quoting lilmoe
yea, reentered at 146...

i hope we take out 139
likely today if no intervenetion
  • #126,677
  • Oct 27, 2008 2:33am Oct 27, 2008 2:33am
you mean a quick leg UP and then down towards 139? how far can it go up. 50EMA on 1 or 5?

Quoting igmak
IMO, we should see one more leg up. GJ just touched 61.8% FR of the last move up from 139-151.

Closed 1/2 shorts and will add more.
  • #126,678
  • Oct 27, 2008 2:38am Oct 27, 2008 2:38am
Quoting moneybookers
likely today if no intervenetion
The G-7 fell short of pledging concerted action to halt the yen's gain... "Issuing such a statement is a sign of failure to intervene,'' said Eisuke Sakakibara, a professor at Tokyo's Waseda University who was the Finance Ministry's top currency official from 1997 to 1999.

http://www.bloomberg.com/apps/news?p...x84&refer=home
FUBAR...
  • #126,679
  • Oct 27, 2008 2:40am Oct 27, 2008 2:40am
Quoting Serendipity
you mean a quick leg UP and then down towards 139? how far can it go up. 50EMA on 1 or 5?
if GJ will go and 1hr candle closes below 143.65 the next stop will be 141.60
Also, GJ could go higher 151. I am aiming short from 154.

Edit: I am not buying here. Waiting for good place to short
Do not follow my trades. Trade what you see on your own charts.
  • #126,680
  • Oct 27, 2008 2:45am Oct 27, 2008 2:45am
whats at 141.60?

Quoting igmak
if GJ will go and 1hr candle closes below 143.65 the next stop will be 141.60
Also, GJ could go higher 151. I am aiming short from 154.
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