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

  • #152,041
  • Jan 8, 2009 7:48pm Jan 8, 2009 7:48pm
Quoting cohiba pips
maaaaaaaaaaaaa man
whatz going on bro???? how have u been?
  • #152,042
  • Jan 8, 2009 8:03pm Jan 8, 2009 8:03pm
Quoting quecee5
whatz going on bro???? how have u been?

cant complain !!! ( still here ) really good to see ya some old school players

bring it on - kinda wish your bud was around
  • #152,043
  • Jan 8, 2009 8:05pm Jan 8, 2009 8:05pm
Quoting cohiba pips
cant complain !!! ( still here ) really good to see ya some old school players

bring it on - kinda wish your bud was around
going to risk a short in the next couple of minutes with a tight sl - wish me luck

if it stays below the dpp that is - not a call guys
  • #152,044
  • Jan 8, 2009 8:07pm Jan 8, 2009 8:07pm
Quoting cohiba pips
cant complain !!! ( still here ) really good to see ya some old school players

bring it on - kinda wish your bud was around
LOL!
  • #152,045
  • Jan 8, 2009 8:15pm Jan 8, 2009 8:15pm
http://i42.tinypic.com/14e087l.jpg
  • #152,046
  • Jan 8, 2009 8:22pm Jan 8, 2009 8:22pm
Quoting quecee5
LOL!
ok im in small scalp id say ! lets see how pa plays out

personally i can see geppy and cable going down maybe not too far but

some kind off retrace that s just me three - four days strong moves

and the uk cutting rates again equals weakness as we know

against yen - no real news out tomorrow fib retrace is still intact up to the

50 percent mark maybe 150 - 160 but logically any lower they couldnt sell a lolly pop to

the uk at them lows never mind a car / tv
  • #152,047
  • Jan 8, 2009 8:27pm Jan 8, 2009 8:27pm
Quoting cohiba pips
ok im in small scalp id say ! lets see how pa plays out

personally i can see geppy and cable going down maybe not too far but

some kind off retrace that s just me three - four days strong moves

and the uk cutting rates again equals weakness as we know

against yen - no real news out tomorrow fib retrace is still intact up to the

50 percent mark maybe 150 - 160 but logically any lower they couldnt sell a lolly pop to

the uk at them lows never mind a car / tv
I agree, no real reason for cable to strengthen unless NFP numbers are in the toilet. . . I expect a surprise on the numbers 2morrow that will be merely BS like todays jobless claim numbers but the market won't be fooled! Maybe a few spikes here and there. . .
  • #152,048
  • Jan 8, 2009 8:32pm Jan 8, 2009 8:32pm
Yes Q i am in a trade EU short and UJ long been holding it for a while. Been a position trader for couple of months just cant get in the scalp rhythm. Unemployed right now so have too many things in head and cat concentrate in trading. Would really like to but just cant get my head into it. Market is so dam tough to trade
  • #152,049
  • Jan 8, 2009 8:34pm Jan 8, 2009 8:34pm
Quoting quecee5
I agree, no real reason for cable to strengthen unless NFP numbers are in the toilet. . . I expect a surprise on the numbers 2morrow that will be merely BS like todays jobless claim numbers but the market won't be fooled! Maybe a few spikes here and there. . .
next week will show us direction maybe the week after

better to listen to kenny rodgers than lose pips
  • #152,050
  • Jan 8, 2009 8:38pm Jan 8, 2009 8:38pm
Quoting vinesh2
Yes Q i am in a trade EU short and UJ long been holding it for a while. Been a position trader for couple of months just cant get in the scalp rhythm. Unemployed right now so have too many things in head and cat concentrate in trading. Would really like to but just cant get my head into it. Market is so dam tough to trade
Agreed. . . market not making much sense these days however the medium-term set-ups have been quite nice. I've been in an EU short since Dec 14th and it's been quite nice not to have to look at the computer much. . .

I'm hoping my GU short works out the same way - just waiting for it to break down if at all. . . right now I'm up about 150 pips would love to see it drop another figure which would make me sleep well 2nite and free me from computer jail - LOL!

Sorry to hear about the job loss but I hope you an yours are keeping in good spirits despite the minor set back. . .
  • #152,051
  • Jan 8, 2009 8:41pm Jan 8, 2009 8:41pm
hit my sl bastard at dp
  • #152,052
  • Jan 8, 2009 8:48pm Jan 8, 2009 8:48pm
Quoting cohiba pips
hit my sl bastard at dp
Asian market is notorious for SL hunting that's why I typically don't take a trade during this time. . . My positions are taken during NY/London session when volume is higher. . .
  • #152,053
  • Jan 8, 2009 8:54pm Jan 8, 2009 8:54pm
Quoting quecee5
Thxs bro - the weekly chart on EU was very revealing or just call it luck! Nevertheless a trade is a trade. . . What's your thoughts on GU?

Looks like 5 waves up complete - looking for a 3 wave correction if the uptrend is to continue. . .
I think GU would be weaken in the next few days as referenced to its treasuries data.
  • #152,054
  • Jan 8, 2009 8:56pm Jan 8, 2009 8:56pm
Quoting quecee5
Asian market is notorious for SL hunting that's why I typically don't take a trade during this time. . . My positions are taken during NY/London session when volume is higher. . .
137 high will be hit - off to bed now get a few hours rest

really good to see you posting and i hope all is well
  • #152,055
  • Jan 8, 2009 8:59pm Jan 8, 2009 8:59pm
Quoting cohiba pips
137 high will be hit - off to bed now get a few hours rest

really good to see you posting and i hope all is well
good night bro. . .
  • #152,056
  • Jan 8, 2009 9:03pm Jan 8, 2009 9:03pm
Quoting mktjong
I think GU would be weaken in the next few days as referenced to its treasuries data.
My thoughts exactly. . . I see a trip back to 1.50 area - a close below will suggest the rise is complete and we should see it weaken further to hit 1.43/45 if below 1.48. . . otherwise more consolidation. . .
  • #152,057
  • Jan 8, 2009 9:38pm Jan 8, 2009 9:38pm
this would be the last time i post ew stuff in this thread. i promiss.
but, Q this is a potential count for geppy that i have @ the moment.
don't think the down move has come to an end.

after ABC up move (wave iv), i'm expecting another leg down that will make the completion of the C wave.

your comments would be much appreciated as always bro.
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  • #152,058
  • Jan 8, 2009 9:42pm Jan 8, 2009 9:42pm
Q. what is your ultimate target for EU? I am looking at below previous lows of 1.23
  • #152,059
  • Jan 8, 2009 9:49pm Jan 8, 2009 9:49pm
Thanks Q for your kind words really appreciate it man. Exactly its just a minor setback there are so many other important things in life
  • #152,060
  • Jan 8, 2009 9:49pm Jan 8, 2009 9:49pm
Q, about eu.

the way i look at it is that the monthly chart has not made any lower lows nor lower highs.

weekly is developing bearish HD, but the monthly is building bullish HD @ the moment. so, ultimately i see eu heading higher.

again, your comments would be much appreciated.
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