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

Geez...are you guys watching Bloomeberg? Some guy is calling for the end of the Pound and it's "Pound bashing hour".

I like this little upmove as I added shorts.

B

out of that trade now. Proved to be a nice scalp.

I did not expect a break of the 130 so much this week but now that it has i'm long from 126.50...if it gets there...baby

I couldn't go long, but my 2nd round of shorts finally paid off from 128.80. I'll leave the longs to you guys for now. Got caught too many times picking bottoms..wait that doesn't sound right.

YES,
I am saying last few months:

Picking Bottoms is a stinky job.

but a lot of traders simply enjoying doing that

yeah, so easy!

what'sthe art in trading a 600p drop without any significat retracement and being proud?

short, 200p stp and go...

those market are uncommon and regarding the article from halturner, which i do not follow, i support his views and that we might face a very bad 2009. in our times, everything happens much more rapid, without an end, just exponential growth in any side. peple which earn unbeliveable sums of money, countries with exploding debth, diseases, self made cancer patients, jobless. the point with all this stuff is, the universe does not like infinite growth, and we all have are living in this universe.

every time when a civilization hit extremes, there was some kind of shakeout.

just because the majority of the peo..sheeple...is intrigued by their direction-giving tv and lives after the credo "i cannot imagine this.." when it comes to such things, does not mean that it is or might not be happening.

do you believe that all we achieved during our evolution is just all this material stuff? many civilizations where much more into spiritual stuff and made amazing researches in that area.

for storing dry foods it is 5 to 12. being preapred instead of crying in hindsight. you never can now what happens, but the fact is, the peole leading the masses are not working in their favor and if you are unable to see and realize this and start to defend them with all the arguments u have been given, out of the common information noise, even getting some inner unrest by reading those lines, then brainwashing, or better said, forming your way of thinking and judging things, which began in the early years and we all somehow had to face, worked at it's best

1000p bottoms are ok, imho

Are they are Stinky ??

OK, guys, Trading time... London Open..

GBP/JPY Mid-Day Outlook http://www.actionforex.com/images/M_...rintButton.png http://www.actionforex.com/images/M_...mailButton.png GBPJPY Outlook | Written by ActionForex.com | Jan 19 09 16:50 GMT | GBP/JPY Mid-Day Outlook

Daily Pivots: (S1) 131.42; (P) 133.57; (R1) 135.80; More
GBP/JPY's sharp fall today dampens the short term bullish case again. Outlook will remain mixed with GBP/JPY staying in range above 128.78. On the upside, above 135.82 will revive the case that a medium term bottom is in place at 128.78. Further break of 141.52 will confirm. However, break of 128.78 will aruge that medium term down trend is still in progress and will turn short term outlook bearish again.
In the bigger picture, recent development suggests that fall from 215.87 has completed the five wave sequence with bullish convergence in daily MACD and RSI. Whether it's finished at 129.71 or 128.78 is debatable but that doesn't alter the medium term outlook. That is, a medium term bottom should be in place and further rally should be seen to correct whole decline from 215.87, targeting 165.02 resistance. However, a break of 128.78 low will dampen this view and argue that the long term down trend is still in progress towards 120 psychological level.

Hi Guys, Can this beast reach 120 ?

London Big Boys coming....

it looks like whole day selling ...
in sexy stochastics thread i post yesterday night 3 setups , worked for more than 500 pips in 8 hours.

a lot of probability it will work too (500-1000 pips ?? maybe)

now long on g/j from 127.65 with 3% of my account see you in 400 pips

Remember...london boy just coming...NY Big boys still waiting to enjoy the party.

Some testing of the 127.50 level happening it seems. 4 tests and counting.

Accumulation maybe? We'll soon know.....

im up over 2000 pips on the sells i took im only risking profit if needed i will scalp the sells also but i think 127.32 will hold ok and any dips i will scalp

New Low : 126.97

i was at a basketball game, out of town, and missed the fun but i just got 20 pips!

Hi all,
I'm having my fe100 at 126.1. pls can someone correct me if i'm wrong