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

  • #133,381
  • Nov 7, 2008 9:27am Nov 7, 2008 9:27am
Quoting Serendipity
huh? different time zone ? lol
what do u men?
  • #133,382
  • Nov 7, 2008 9:27am Nov 7, 2008 9:27am
Quoting Geppy
Well there is the 156.00 target I called from early last night (and got laughed at for it). Maybe I've earned a shred of credibility now? =P
Who was laughing? Just difference of opinion. I didn't expect it to move this high and am still on the sidelines
  • #133,383
  • Nov 7, 2008 9:27am Nov 7, 2008 9:27am
Hmm my daily R1 is at 156.20
Enter Signature
  • #133,384
  • Nov 7, 2008 9:27am Nov 7, 2008 9:27am
Quoting Geppy
Well there is the 156.00 target I called from early last night (and got laughed at for it). Maybe I've earned a shred of credibility now? =P
You have your first official shred. However, would like to see reasons why. Maybe now you can post some charts? But I would think other things factored in as well?
  • #133,385
  • Nov 7, 2008 9:28am Nov 7, 2008 9:28am
one more short added on 1hr 100sma.
Do not follow my trades. Trade what you see on your own charts.
  • #133,386
  • Nov 7, 2008 9:29am Nov 7, 2008 9:29am
Quoting Serendipity
Geppy congratulations on your prediction of 156 man. well done
As I said last night, I could move higher yet. I would be surprised to see 157 or even 158 print, however, as I discussed I am beginning short operations now.

I am also shorting USD/JPY and just shorted my last 2 minis to saturate what I wish to hold for a position. I'll be targeting 94.55 on the downside if anyone is interested in comparing notes.
check out my blog: forexmademillionaire dot com
  • #133,387
  • Nov 7, 2008 9:29am Nov 7, 2008 9:29am
155.6 daily 5sma
  • #133,388
  • Nov 7, 2008 9:29am Nov 7, 2008 9:29am
congrats for those who predict 156

i think this is it

tank baby
  • #133,389
  • Nov 7, 2008 9:29am Nov 7, 2008 9:29am
Quoting harora
you did shorted at 154.75 unless now its 155.30 mistyped

any has R1 at 155.67?
no those different position and both closed 60lose far in last 2 trades
  • #133,390
  • Nov 7, 2008 9:29am Nov 7, 2008 9:29am
Quoting Geppy
Well there is the 156.00 target I called from early last night (and got laughed at for it). Maybe I've earned a shred of credibility now? =P

Hey Geppy, it really reach 156 like what you say 10 hours+ ago.... Nice man, check on you next time.
  • #133,391
  • Nov 7, 2008 9:30am Nov 7, 2008 9:30am
long 155.30 tp 156
  • #133,392
  • Nov 7, 2008 9:30am Nov 7, 2008 9:30am
Quoting TraderStar
You have your first official shred. However, would like to see reasons why. Maybe now you can post some charts? But I would think other things factored in as well?
Star, I do believe I posted at least 2 charts, maybe three (I was pretty sleepy at that point in the night and don't recall). I don't use all the methods you guys use, usually simple support and resistance areas. I'm sure we'll get to know one another styles.
check out my blog: forexmademillionaire dot com
  • #133,393
  • Nov 7, 2008 9:31am Nov 7, 2008 9:31am
GBP/JPY trade for today...

*I needed the truck load of balls of steel...

Sonic
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  • #133,394
  • Nov 7, 2008 9:36am Nov 7, 2008 9:36am
Quoting Geppy
As I said last night, I could move higher yet. I would be surprised to see 157 or even 158 print, however, as I discussed I am beginning short operations now.

I am also shorting USD/JPY and just shorted my last 2 minis to saturate what I wish to hold for a position. I'll be targeting 94.55 on the downside if anyone is interested in comparing notes.
i m seeing a test of upper tl of m15 channel, and expecting a breakout, it is building strength.

holding two small shorts from 156.10 and 155.21
  • #133,395
  • Nov 7, 2008 9:38am Nov 7, 2008 9:38am
PS Once the downtrend continues, I think we can all be looking at 149.50ish for an initial target in GBP/JPY that'd be a cool 700 pips or so =)
check out my blog: forexmademillionaire dot com
  • #133,396
  • Nov 7, 2008 9:39am Nov 7, 2008 9:39am
Some move - great call Geppy http://www.forexfactory.com/images/icons/icon14.gif - I too was out of my last long rather early

I watched UJ hit 98.50 which I had as resistance, then GU hit 58.50 so GJ was heavily extended as it spiked to R1 156.19 so I took a short for a Hit and Run trade - exited at the MR1 level - 55.32.

That spike has made a big doji on the 15m so lets see what the next candle brings...a failure around the 156 level would be a great lower high....http://www.forexfactory.com/images/icons/icon12.gif
Trading Levels with WRBs
  • #133,397
  • Nov 7, 2008 9:40am Nov 7, 2008 9:40am
Quoting Geppy
As I said last night, I could move higher yet. I would be surprised to see 157 or even 158 print, however, as I discussed I am beginning short operations now.

I am also shorting USD/JPY and just shorted my last 2 minis to saturate what I wish to hold for a position. I'll be targeting 94.55 on the downside if anyone is interested in comparing notes.
down down down
I have not failed. I've just found 10,000 ways that won't work -
  • #133,398
  • Nov 7, 2008 9:41am Nov 7, 2008 9:41am
Geppy would you hold thru the weekend or flatten positions end of day? just concerned if any gap ups which may not take into account the stop loss. any ideas?

Quoting Geppy
PS Once the downtrend continues, I think we can all be looking at 149.50ish for an initial target in GBP/JPY that'd be a cool 700 pips or so =)
  • #133,399
  • Nov 7, 2008 9:42am Nov 7, 2008 9:42am
Quoting Islander
Some move - great call Geppy http://www.forexfactory.com/images/icons/icon14.gif - I too was out of my last long rather early

I watched UJ hit 98.50 which I had as resistance, then GU hit 58.50 so GJ was heavily extended as it spiked to R1 156.19 so I took a short for a Hit and Run trade - exited at the MR1 level - 55.32.

That spike has made a big doji on the 15m so lets see what the next candle brings...a failure around the 156 level would be a great lower high....http://www.forexfactory.com/images/icons/icon12.gif
Yeah I left 100 pips on the table which I'm not happy about. It was purely out of fear and I should have stuck with the trade plan. But I made a pretty penny regardless so I can't complain too much. Always room for improvement.
check out my blog: forexmademillionaire dot com
  • #133,400
  • Nov 7, 2008 9:44am Nov 7, 2008 9:44am
Quoting Serendipity
Geppy would you hold thru the weekend or flatten positions end of day? just concerned if any gap ups which may not take into account the stop loss. any ideas?
I'm usually not much concerned with holding positions over the weekend unless the G7 is meeting. If you think about it, we're all getting short G/J right now and any news that's going to come out would most likely be negative which would send equity markets lower and in turn G/J. In other words, if a gap occurs, chances are it'd be in our favor.
check out my blog: forexmademillionaire dot com
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