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

  • #132,941
  • Nov 6, 2008 2:49pm Nov 6, 2008 2:49pm
i've just established a short position at 153.23 targeting the previous support 140.00 level

looking to hold this position in the meduim term with 300 pips stop loss 3% of the account.

warning:don't follow me i'm aggressive speculator
I always knew that someday I would make it big
  • #132,942
  • Nov 6, 2008 2:53pm Nov 6, 2008 2:53pm
the beast looks very ripe for amassive sell-off now,no way this beast should be heading down aggressively,

just my humble analysis
I always knew that someday I would make it big
  • #132,943
  • Nov 6, 2008 2:55pm Nov 6, 2008 2:55pm
sell order pending at 15345

gonna cover a few shorts around 152 level (many fibos)
maybe i will take small long shot will see
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  • #132,944
  • Nov 6, 2008 2:55pm Nov 6, 2008 2:55pm
Quoting bigcoupe
I took profit.

Didnt notice the Support level at ~1.5600 on GU.

Gonna wait until that breaks to go back short.

B
Crap...UJ at serious support as well.

I'm long until these give way.

B
  • #132,945
  • Nov 6, 2008 2:56pm Nov 6, 2008 2:56pm
Quoting Cl4r1st
i don't think so, maybe we will see 160 after this low
From my experience its better not to think while trading.

There is a setup in the charts, or there is none.

And there is a big setup for new monthly lows: 8X.
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  • #132,946
  • Nov 6, 2008 2:57pm Nov 6, 2008 2:57pm
Quoting mktjong
Still the UJ is the stumbling block .. hehe
Only if she breaks support...
  • #132,947
  • Nov 6, 2008 2:59pm Nov 6, 2008 2:59pm
Quoting bigcoupe
Only if she breaks support...
I think it would after the the equities closes or in Asian session.
  • #132,948
  • Nov 6, 2008 3:00pm Nov 6, 2008 3:00pm
welcome to the beast's selling show,it would be great performance i think
I always knew that someday I would make it big
  • #132,949
  • Nov 6, 2008 3:01pm Nov 6, 2008 3:01pm
1h close 15298.5
  • #132,950
  • Nov 6, 2008 3:05pm Nov 6, 2008 3:05pm
Quoting forexer
welcome to the beast's selling show,it would be great performance i think

According to my chart, unless we break through this channel, we are just approaching the bottom of the channel, and it may either break, or be a good spot for a long.
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  • #132,951
  • Nov 6, 2008 3:05pm Nov 6, 2008 3:05pm
Quoting forexer
welcome to the beast's selling show,it would be great performance i think
i'm with you on this one
  • #132,952
  • Nov 6, 2008 3:06pm Nov 6, 2008 3:06pm
GU 1 h:

1,53. Anyone ? I`am in
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  • #132,953
  • Nov 6, 2008 3:08pm Nov 6, 2008 3:08pm
Quoting forexer
i've just established a short position at 153.23 targeting the previous support 140.00 level

looking to hold this position in the meduim term with 300 pips stop loss 3% of the account.

warning:don't follow me i'm aggressive speculator

my short position is doing great,just right into my target ,nowwaiting to move my S/L at B/E after the beast has reached 149.00 level
I always knew that someday I would make it big
  • #132,954
  • Nov 6, 2008 3:10pm Nov 6, 2008 3:10pm
Quoting peaches
GU 1 h:

1,53. Anyone ? I`am in
Possible with likely 1.54 area .. at least .. let's see
  • #132,955
  • Nov 6, 2008 3:11pm Nov 6, 2008 3:11pm
Quoting peaches
GU 1 h:

1,53. Anyone ? I`am in
http://www.forexfactory.com/showpost...stcount=132945

+85 points at the moment
  • #132,956
  • Nov 6, 2008 3:13pm Nov 6, 2008 3:13pm
Karmostaji,do you know why cable goes down for 300 pips when you said that big boys and you willl never short at this level??
  • #132,957
  • Nov 6, 2008 3:15pm Nov 6, 2008 3:15pm
dude you have another thread in which to pat yourself on the back, keep it out of this one please.
  • #132,958
  • Nov 6, 2008 3:15pm Nov 6, 2008 3:15pm
GY 1 h:

150,500 would be OK for me, lower is accepted


hm...look at the nice fibo confluence at 108,80: monthly fibo extension +
daily fibo expansion level

Might be a tough resistance in the coming weeks.
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  • #132,959
  • Nov 6, 2008 3:19pm Nov 6, 2008 3:19pm
Quoting belekas
http://www.forexfactory.com/showpost...stcount=132945

+85 points at the moment

different people, same view, thats good for a trade
  • #132,960
  • Nov 6, 2008 3:20pm Nov 6, 2008 3:20pm
Quoting cheese
According to my chart, unless we break through this channel, we are just approaching the bottom of the channel, and it may either break, or be a good spot for a long.

yeah i agree but there is increased selling momentum indicated by the ADX indicators on h1 and h4 TF
I always knew that someday I would make it big
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