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

  • #152,121
  • Jan 9, 2009 3:18am Jan 9, 2009 3:18am
i can't believe what the beast did in just 2 mins.
  • #152,122
  • Jan 9, 2009 3:22am Jan 9, 2009 3:22am
Quoting hwsv07
i can't believe what the beast did in just 2 mins.
hehe glad i short it after it broke the 138.30

i put stop loss at BE

and let it ride hope the news with us
  • #152,123
  • Jan 9, 2009 3:27am Jan 9, 2009 3:27am
Quoting msniper
hehe glad i short it after it broke the 138.30

i put stop loss at BE

and let it ride hope the news with us
i dun think it would go any much lower. expect it t bounce off the lowest at 50ema and go back up. Bullish HD on the H4 also observed. maybe reports would not be that bad.
Attached Image (click to enlarge)
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  • #152,124
  • Jan 9, 2009 3:38am Jan 9, 2009 3:38am
i closed 70 pips profit not bad
  • #152,125
  • Jan 9, 2009 4:05am Jan 9, 2009 4:05am
Quoting Piters
Vaistinu se rodi.

Happy New Year to you my friend..

reagards the system, be careful Asia is not much safe for trading, very slow and choppy, the best time is with Moscow Open, then Frankfurt, London, Ny, Nyse, London Close, 2PM EST

Cheers

Hvala ti

I m glad you speak serbian too!

GM everybody!
Work smart not hard
  • #152,126
  • Jan 9, 2009 4:35am Jan 9, 2009 4:35am
138.35 became a resistance nice
  • #152,127
  • Jan 9, 2009 5:27am Jan 9, 2009 5:27am
Quoting Piters
Yep, and warning you to look for additional clues for eventually short comming..

you are right,~

Piters please tell me is i am late for a train..lets say up move or down move where i can get in acc. to your sistem..if it is possibly?
Work smart not hard
  • #152,128
  • Edited 5:44am Jan 9, 2009 5:31am | Edited 5:44am
Quoting sony
Piters please tell me is i am late for a train..lets say up move or down move where i can get in acc. to your sistem..if it is possibly?
the best way is for NOW,

To Stay away from the market:

becouse of NFP, we are going to see now some positioning on the market..
(I am out, and I'll wait for about 30-40min after the News)

Cheers.. bro,,, take care..
  • #152,129
  • Jan 9, 2009 5:39am Jan 9, 2009 5:39am
It is a NFP day, the price can spike UP to 141 again and get back as well, but for all others, I can share my view:

Down to the 136.7 then Up and then again DOWN..

(I have to SAY: dont take unneccesery risks, wait until the News, and then take a position)

Chart:
Attached Image (click to enlarge)
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  • #152,130
  • Jan 9, 2009 5:46am Jan 9, 2009 5:46am
Quoting Piters
It is a NFP day, the price can spike UP to 141 again and get back as well, but for all others, I can share my view:

Down to the 136.7 then Up and then again DOWN..
(again, dont take unneccesery risks, wait until the News, and then take a position)

Chart:

I tought so...It is crazy now

Thanks
Work smart not hard
  • #152,131
  • Jan 9, 2009 5:53am Jan 9, 2009 5:53am
Quoting Piters
It is a NFP day, the price can spike UP to 141 again and get back as well, but for all others, I can share my view:

Down to the 136.7 then Up and then again DOWN..

(I have to SAY: dont take unneccesery risks, wait until the News, and then take a position)

Chart:
somehow i cant believe the news will be good but you never know

also taking into account the holidays but then we have the new guy in town

lets see
  • #152,132
  • Jan 9, 2009 5:53am Jan 9, 2009 5:53am
Hi guys just to see if any advice on where the GJ or GU may be heading or see when the US opens

Cheers
  • #152,133
  • Jan 9, 2009 5:54am Jan 9, 2009 5:54am
Quoting cohiba pips
somehow i cant believe the news will be good but you never know

also taking into account the holidays but then we have the new guy in town

lets see
LOOL, too many YES, and too many NO's.

Then we are asking WHY the market is confused???

cheers bro..
  • #152,134
  • Jan 9, 2009 6:03am Jan 9, 2009 6:03am
Quoting g.ashley95
Hi guys just to see if any advice on where the GJ or GU may be heading or see when the US opens

Cheers
Mate, If I knew, I'll bet my house, cars, girls....ect.... (joke)

NFP is very unpredictable, even if the fugures are good, the market can take opposite way.. then reverse, or opposite..

If is an ordinary day, (I posted my chart), that is what I am looking right NOW... 136.70 then small retrace then penetration of the Neckline on that H/S on 1H.

But who knows... , we wait and we play the music..
  • #152,135
  • Jan 9, 2009 6:10am Jan 9, 2009 6:10am
I've a small long for a push up to 139.50 ish.... NFP seems more crucial than normal this month, a pivotal point in time I think.
  • #152,136
  • Jan 9, 2009 6:14am Jan 9, 2009 6:14am
Quoting Piters
Mate, If I knew, I'll bet my house, cars, girls....ect.... (joke)

NFP is very unpredictable, even if the fugures are good, the market can take opposite way.. then reverse, or opposite..

If is an ordinary day, (I posted my chart), that is what I am looking right NOW... 136.70 then small retrace then penetration of the Neckline on that H/S on 1H.

But who knows... , we wait and we play the music..
Thanks for that. On my chart I'm getting a cross over on the MA. Which is telling an up trend on GJ. But how Knows wait and see

Cheers
  • #152,137
  • Jan 9, 2009 6:26am Jan 9, 2009 6:26am
Well, who knows really, but GJ price danced around DP all day then dropped to S1 (to the pip) and retraced 100% of that move. Perhaps R1 is a plausible target.

Quoting g.ashley95
Hi guys just to see if any advice on where the GJ or GU may be heading or see when the US opens

Cheers
  • #152,138
  • Jan 9, 2009 6:41am Jan 9, 2009 6:41am
Quoting RealPips
Well, who knows really, but GJ price danced around DP all day then dropped to S1 (to the pip) and retraced 100% of that move. Perhaps R1 is a plausible target.

  • #152,139
  • Jan 9, 2009 7:13am Jan 9, 2009 7:13am
The markets await the December US employment report this morning at 830am ET to make their move. The consensus has shifted to -525K, from -500K earlier in the week, mainly on the disastrous ADP report which came in at -693K for the month. Our forecast is for a decline in the area of -615K payrolls and for the unemployment rate to tick higher to 7.0% from 6.7% last month. Should this come to fruition, USD weakness post-NFP should be palpable and we would not rule out seeing EUR 1.3850 before the day is up. However, a number better than -500K could see the buck rally in size.
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  • #152,140
  • Jan 9, 2009 7:21am Jan 9, 2009 7:21am
butts covered and heads up just in case.

happy new year and may it be very profitable
Timing is everything
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