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

  • #140,601
  • Nov 21, 2008 8:10am Nov 21, 2008 8:10am
i m not talking chart is speaking i told u short
  • #140,602
  • Nov 21, 2008 8:13am Nov 21, 2008 8:13am
ride the bull!
Inserted Video


rules of a successful bull ride
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #140,603
  • Nov 21, 2008 8:14am Nov 21, 2008 8:14am
Quoting xoiper
i m not talking chart is speaking i told u short
What is your target
  • #140,604
  • Nov 21, 2008 8:17am Nov 21, 2008 8:17am
Quoting pino2
What is your target
138.50 first tp
  • #140,605
  • Nov 21, 2008 8:22am Nov 21, 2008 8:22am
by the way tip: price ll never go to ur target straight i m short since 3hour price goes against and even made me profit
  • #140,606
  • Nov 21, 2008 8:24am Nov 21, 2008 8:24am
Quoting xoiper
138.50 first tp
first tp?

ah i c.

followed by 123 as second, and the 42 as third, right?

just take a look and see what recently happened. plenty of areas where gj was bought. before your 138.50 we have to break all those previous areas of buyers stepping in, supporting lows. see yellow lines. also we have weekly+monthly lows, the lower trendline of the upchannel. all views just based on supply&demand.

i agree to dip down for further reloading, but no way 138.50

lol..thanks for your advice.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY@HOTS-A0-FX-10M-.png Size: 47 KB
  • #140,607
  • Nov 21, 2008 8:28am Nov 21, 2008 8:28am
Quoting Dr.Geppynius
first tp?

ah i c.

followed by 123 as second, and the 42 as third, right?

just take a look and see what recently happened. plenty of areas where gj was bought. before your 138.50 we have to break all those previous areas of buyers stepping in, supporting lows. see yellow lines. also we have weekly+monthly lows, the lower trendline of the upchannel. all views just based on supply&demand.

i agree to dip down for further reloading, but no way 138.50

lol..thanks for your advice.
that's clearly a minor uptrend! good chart.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #140,608
  • Nov 21, 2008 8:40am Nov 21, 2008 8:40am
Japanese Finance Minister Nakagawa reiterated the need to "take action" to tame "abrupt movements in the currency market which are undesirable." One bank"s take is that these were general comments and that intervention is not imminent and the markets drew an invisible line in the sand at 90.00 just after the G7 meeting. In fact, USD/JPY has held up, in part, due to a shortage of USD assts in an environment where safety is king. Speculation that Citibank may unload its Nikko Securities operation is testament to the fact that retrenchment still favors the USD. On the flipside, with scant investor opportunities at home, Japanese investors have been looking overseas for investment opportunities. However, if retrenchment hits Japan, as it may with various companies, including Honda and Toyota, cutting local jobs, then the outflow may reverse. This will be reflected in the unemployment rate, the shape of the JGB curve, and Nikkei"s relative performance. With the benchmark 10-year JGB down 3bp last night, there is a tiny hint that the downturn may really be hitting home. However, the perfect storm for JPY strength will come when the US yield curve steepens as the Japanese curve flattens. The Nikkei closed near its high on the day so the USD"s fall may be postponed.
On the day, short covering ahead of the weekend and after Fannie and Freddie announced a moratorium on foreclosures is leaving USD/JPY oscillating around 95.00. Auto companies were seen buying EUR/JPY. Fund offers at 95.20 are mixed with stops at 95.50 and one quasi-bank spooky bid at 94.40 which jacked up prices. Pension funds have been seen as USD buyers while other surprising exporter buyers have come out of Japan in the overnight.
[
  • #140,609
  • Nov 21, 2008 8:41am Nov 21, 2008 8:41am
Quoting Dr.Geppynius
first tp?

ah i c.

followed by 123 as second, and the 42 as third, right?

just take a look and see what recently happened. plenty of areas where gj was bought. before your 138.50 we have to break all those previous areas of buyers stepping in, supporting lows. see yellow lines. also we have weekly+monthly lows, the lower trendline of the upchannel. all views just based on supply&demand.

i agree to dip down for further reloading, but no way 138.50

lol..thanks for your advice.
i dont know how some ppl belive in bull
look daily or weekly chart there r still more lows to go to
and we ll see i m saying 138.50
  • #140,610
  • Nov 21, 2008 8:47am Nov 21, 2008 8:47am
Quoting Dr.Geppynius
first tp?

ah i c.

followed by 123 as second, and the 42 as third, right?

just take a look and see what recently happened. plenty of areas where gj was bought. before your 138.50 we have to break all those previous areas of buyers stepping in, supporting lows. see yellow lines. also we have weekly+monthly lows, the lower trendline of the upchannel. all views just based on supply&demand.

i agree to dip down for further reloading, but no way 138.50

lol..thanks for your advice.
hey Dr,
could you tell me where i could find that volume indicator for metatrader4 that you use in your chart. i looked everywhere for it and didn't have any luck.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #140,611
  • Nov 21, 2008 8:48am Nov 21, 2008 8:48am


http://www.doske.com/fx/snapshot-219.png
  • #140,612
  • Nov 21, 2008 8:53am Nov 21, 2008 8:53am
Quoting england33
hey Dr,
could you tell me where i could find that volume indicator for metatrader4 that you use in your chart. i looked everywhere for it and didn't have any luck.
bad time to ask with all the action. let me know later if you could. thanks!
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #140,613
  • Nov 21, 2008 8:55am Nov 21, 2008 8:55am
Quoting england33
hey Dr,
could you tell me where i could find that volume indicator for metatrader4 that you use in your chart. i looked everywhere for it and didn't have any luck.
it is just regular volume. mt4 has it also. but it is volume from your broker only...doesnt mean much. u need a data feed from esignal e.g.
  • #140,614
  • Nov 21, 2008 8:56am Nov 21, 2008 8:56am
Going once, Going Twice.... SOLD !!!
  • #140,615
  • Nov 21, 2008 8:56am Nov 21, 2008 8:56am
Quoting england33
bad time to ask with all the action. let me know later if you could. thanks!
He mentioned before.

esignal.
  • #140,616
  • Nov 21, 2008 8:58am Nov 21, 2008 8:58am
what was that quick move (red arrow) caused by?
EU,EJ,GJ,DJIA did not have abrupt move like taht...
Attached Image (click to enlarge)
Click to Enlarge Name: gucandle.gif Size: 11 KB
  • #140,617
  • Nov 21, 2008 9:00am Nov 21, 2008 9:00am
short 141.84
  • #140,618
  • Nov 21, 2008 9:00am Nov 21, 2008 9:00am
Quoting Dr.Geppynius
it is just regular volume. mt4 has it also. but it is volume from your broker only...doesnt mean much. u need a data feed from esignal e.g.
oh ok.. makes sense. thanks!
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #140,619
  • Nov 21, 2008 9:01am Nov 21, 2008 9:01am
looks like another quiet day in paradise

wow first one in long time.

time to break out the beer and call the secretary over (thats my wife as i work from home)

all things have their advantages and disadvantages timing is the key
Timing is everything
  • #140,620
  • Nov 21, 2008 9:02am Nov 21, 2008 9:02am
Quoting frito
what was that quick move (red arrow) caused by?
EU,EJ,GJ,DJIA did not have abrupt move like taht...
nyse opened 30m ago, so just some of the early games. also trichet speech
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