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

  • #140,021
  • Nov 20, 2008 3:53pm Nov 20, 2008 3:53pm
Quoting karmostaji
don't mind me, it's nearly 2am here

there maybe little bump up tomorrow ... but there for sure will be more downage
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  • #140,022
  • Nov 20, 2008 3:53pm Nov 20, 2008 3:53pm
Quoting pkimnyc
it's just a beginning.
1h chart tell the story ll see 135 soon
  • #140,023
  • Nov 20, 2008 3:56pm Nov 20, 2008 3:56pm
the say one picture worth 10k words...
Attached Image
FUBAR...
  • #140,024
  • Nov 20, 2008 3:57pm Nov 20, 2008 3:57pm
Quoting pino2
My TP for all short trades is 133.30, what's yours karmo?

This has been my target 133 with a stop @ 150 for consolidations since we exhausted from 164 handle,
"Millionaires don't use astrology, billionaires do"
  • #140,025
  • Nov 20, 2008 3:59pm Nov 20, 2008 3:59pm
by the way 135 is my short term trade
125 is my long term
  • #140,026
  • Nov 20, 2008 4:08pm Nov 20, 2008 4:08pm
Some retrace before that

http://anchorfx.athost.net/gbpjpy.gif
  • #140,027
  • Nov 20, 2008 4:10pm Nov 20, 2008 4:10pm
Quoting forexlion
Some retrace before that
you have your eye on an area for it to retrace to? I'm looking to add more to my short position...

Pred
  • #140,028
  • Nov 20, 2008 4:10pm Nov 20, 2008 4:10pm
Quoting xoiper
by the way 135 is my short term trade
125 is my long term

fe's on 4 hr charts ... gives us nice targets for downside

Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 17 KB
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  • #140,029
  • Nov 20, 2008 4:13pm Nov 20, 2008 4:13pm
Quoting forexlion
like i said, it will go to 142.60
forgot to ask you. How did you get that. based on Fib level?
  • #140,030
  • Nov 20, 2008 4:13pm Nov 20, 2008 4:13pm
Quoting Predator38
you have your eye on an area for it to retrace to? I'm looking to add more to my short position...

Pred

use fib retracements for potential reatrcement zones to add shorts

Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 21 KB
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  • #140,031
  • Nov 20, 2008 4:17pm Nov 20, 2008 4:17pm
Quoting forexlion
Some retrace before that

http://anchorfx.athost.net/gbpjpy.gif
retrace well collected with a trailing 15 SL
  • #140,032
  • Nov 20, 2008 4:19pm Nov 20, 2008 4:19pm
Quoting dreed
Karmo, when we break 139, what will be the next level of support?
Quoting Piters
137.45
134.84
Well, Close enough
  • #140,033
  • Nov 20, 2008 4:19pm Nov 20, 2008 4:19pm
here comes boj intervention to devalue JPY
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  • #140,034
  • Nov 20, 2008 4:21pm Nov 20, 2008 4:21pm
Quoting malcolmb14
here comes boj intervention to devalue JPY
when that happens i will be looking for 181 levels, not petty 10 pip moves
http://anchorfx.athost.net/gbpjpy.gif
  • #140,035
  • Nov 20, 2008 4:22pm Nov 20, 2008 4:22pm
Quoting malcolmb14
fe's on 4 hr charts ... gives us nice targets for downside

Attachment
i know nothing about fibs but every thing tell this is not done yet we may go up 139.50 but it is going down again for sure
  • #140,036
  • Nov 20, 2008 4:24pm Nov 20, 2008 4:24pm
Quoting karmostaji
Malcolmb is going to invite me to lilmoe's kebab place, free lunch n dinner for 1 month
lol ... hold on a min I said close to 150 before 139 ..lol ... it did go close to 150 . I gave you nicer short entry lol ...

only half month ... not whole month lol
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  • #140,037
  • Nov 20, 2008 4:25pm Nov 20, 2008 4:25pm
wtf...not watching the market for 2 hours and then 139 is taken out?

you guys do not care well for the gj.

karmo, i will move to a country where you cannot enforce me by law to pay the 10k bet dollars
  • #140,038
  • Nov 20, 2008 4:27pm Nov 20, 2008 4:27pm
Quoting xoiper
i know nothing about fibs but every thing tell this is not done yet we may go up 139.50 but it is going down again for sure

oh you should learn a little about fib expansions and retracements. They work perfectly on all time frames and give great targets and retracement entries on moves down like this


like my Mastercard, I would never leave home without them ...lol
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  • #140,039
  • Nov 20, 2008 4:30pm Nov 20, 2008 4:30pm
Quoting malcolmb14
oh you should learn a little about fib expansions and retracements. They work perfectly on all time frames and give great targets and retracement entries on moves down like this


like my Masterwife, I would never leave home without her ...lol
yeah fib retracements and expansions work great.
  • #140,040
  • Nov 20, 2008 4:50pm Nov 20, 2008 4:50pm
Quote
If you're searching for a sign that the financial crisis is no longer a national emergency, then look no further than Congress—which appears to have returned to business-as-usual mode.

As little as a couple of weeks ago, a second fiscal stimulus package seemed a likely product of a lame-duck session of Congress. Now, second thoughts about the use of $700 billion Wall Street bailout fund, the impending change in government and partisan politics, are derailing that effort, say observers.
no more bailouts, even the current one is not used !!
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