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

  • #135,081
  • Nov 12, 2008 5:11am Nov 12, 2008 5:11am
148 support
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #135,082
  • Edited 5:19am Nov 12, 2008 5:17am | Edited 5:19am
GJ got over extended around the first lower band, a good place to take some profits and to wait for the bounce.

What a surprise - it made the 50% retrace - LOL - add to shorts again and wait for the next leg down....http://www.forexfactory.com/images/icons/icon10.gif
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Trading Levels with WRBs
  • #135,083
  • Nov 12, 2008 5:20am Nov 12, 2008 5:20am
Quoting Islander
GJ got over extended around the first lower band, a good place to take some profits and to wait for the bounce.

What a surprise - it made the 50% retrace - LOL - add to shorts again and wait for the next leg down....http://www.forexfactory.com/images/icons/icon10.gif

great post. where were you a couple of hours ago.
  • #135,084
  • Nov 12, 2008 5:25am Nov 12, 2008 5:25am
i like kings words.. it is very likely the uk is in a recession.. "very likely" uh yah ok.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #135,085
  • Nov 12, 2008 5:35am Nov 12, 2008 5:35am
Out of topic.

There is possible bottom on OIL today. IMO what you think guys ?
4X is the biggest casino in the world...Open 24h Monday to Friday.
  • #135,086
  • Nov 12, 2008 5:49am Nov 12, 2008 5:49am
Quoting pipsy_2
Out of topic.

There is possible bottom on OIL today. IMO what you think guys ?
i do not have a good real time chart of crude, i wish i did. looking at the crb (basket of commodities) day chart i would have to say no it hasn't bottomed. the 2nd half is not finished and slower growth is expected. i'm not a crude man but i think it could go lower. alternatives are getting to be a hot topic. in japan they claim to have a car that runs on water can you imagine. if true this will send crude to the floor eventually. i don't want to carry on so anyone else can give it a jab but that's my 2cents.
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Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #135,087
  • Nov 12, 2008 5:54am Nov 12, 2008 5:54am
Quoting pipsy_2
Out of topic.

There is possible bottom on OIL today. IMO what you think guys ?
why do u say that?

i think oil should visit 51 soon this week. maybe early next week.
  • #135,088
  • Nov 12, 2008 5:59am Nov 12, 2008 5:59am
Tank
Trade what you see, not what you think.
  • #135,089
  • Nov 12, 2008 6:00am Nov 12, 2008 6:00am
heheh...

Karmo...Ma'Man!!
''Art is making something out of nothing and selling it'' Frank Zappa
  • #135,090
  • Nov 12, 2008 6:03am Nov 12, 2008 6:03am
Quoting alearner
great post. where were you a couple of hours ago.

I traded around FO / LO as usual and then had to go out, so was booking regular profits - got back for this last sell and I've just taken some off at the 147 level - again the higher of my two lower bands....
Trading Levels with WRBs
  • #135,091
  • Nov 12, 2008 6:03am Nov 12, 2008 6:03am
Nice Call Karmo.

again...
  • #135,092
  • Nov 12, 2008 6:05am Nov 12, 2008 6:05am
Trade what you see, not what you think.
  • #135,093
  • Nov 12, 2008 6:06am Nov 12, 2008 6:06am
lovely.

next support is at 144.30, i'll lock some more profit when we get there.
  • #135,094
  • Nov 12, 2008 6:07am Nov 12, 2008 6:07am
Quoting karmostaji
Tank
Awesome Job Karmo!!!!!!!!
  • #135,095
  • Nov 12, 2008 6:08am Nov 12, 2008 6:08am
like I said yesterday this is going to be huge..

Tanking mode
Trade what you see, not what you think.
  • #135,096
  • Nov 12, 2008 6:09am Nov 12, 2008 6:09am
Im having steak for dinner today, where are the bulls? getting spanked LOL
Trade what you see, not what you think.
  • #135,097
  • Nov 12, 2008 6:10am Nov 12, 2008 6:10am
Quoting karmostaji
like I said yesterday this is going to be huge..

Tanking mode
good call,but i close the short earlier.wait for reenter.hmmm
  • #135,098
  • Nov 12, 2008 6:12am Nov 12, 2008 6:12am
Quoting karmostaji
Im having steak for dinner today, where are the bulls? getting spanked LOL
great trade. i knew your were in good when my support level call broke down.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #135,099
  • Nov 12, 2008 6:12am Nov 12, 2008 6:12am
Quoting lilmoe
lovely.

next support is at 144.30, i'll lock some more profit when we get there.

Yep - I clucked too early - now hit my lower band at 146.17, so I'd expect some bounce....
Trading Levels with WRBs
  • #135,100
  • Nov 12, 2008 6:14am Nov 12, 2008 6:14am
Quoting karmostaji
like I said yesterday this is going to be huge..

Tanking mode

Yep, your crystal ball is right on the money - again http://www.forexfactory.com/images/icons/icon11.gif
Trading Levels with WRBs
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