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

  • #154,981
  • Jan 22, 2009 1:01pm Jan 22, 2009 1:01pm
Quoting quecee5
btw,

whatz gd PipChick???? How have u been????
good to see some of the old heads coming back ar'd. . .
Hey Que...good to see you too!!
  • #154,982
  • Jan 22, 2009 1:06pm Jan 22, 2009 1:06pm
Quoting quecee5
damn I leave for lunch and my almost 90 pip gain turns into half that wtf GJ on steriods today but thats okay must be london covering before packing it in - GJ Giveth and GJ Taketh

anyway, thank for the info bro u are always a big help. . .
lol, I know the feeling..

always a pleassure to talk and disscuss charting with you Q..
Thanks
  • #154,983
  • Jan 22, 2009 1:14pm Jan 22, 2009 1:14pm
Somebody really think i will go down again soon or?
  • #154,984
  • Jan 22, 2009 1:14pm Jan 22, 2009 1:14pm
Quoting PipChick
Hey Que...good to see you too!!
  • #154,985
  • Jan 22, 2009 1:15pm Jan 22, 2009 1:15pm
Quoting fxinthesun
Somebody really think i will go down again soon or?
LOL (what was the pic for?)
  • #154,986
  • Jan 22, 2009 1:17pm Jan 22, 2009 1:17pm
Quoting PipChick
LOL (what was the pic for?)
Ok, maybe not the best question
  • #154,987
  • Jan 22, 2009 1:20pm Jan 22, 2009 1:20pm
Quoting fxinthesun
Ok, maybe not the best question
if stocks keep rallying like its doing I would expect it to go higher targeting 124.40 area. . . UJ has broken resistance at 89 and looks poised to go higher. could see the same episode we saw yesterday a blast higher just because!. . .
  • #154,988
  • Jan 22, 2009 1:22pm Jan 22, 2009 1:22pm
Quoting quecee5
if stocks keep rallying like its doing I would expect it to go higher targeting 124.40 area. . . UJ has broken resistance at 89 and looks poised to go higher. could see the same episode we saw yesterday a blast higher just because!. . .

Thanks for the update
  • #154,989
  • Jan 22, 2009 1:40pm Jan 22, 2009 1:40pm
Quoting quecee5
if stocks keep rallying like its doing I would expect it to go higher targeting 124.40 area. . . UJ has broken resistance at 89 and looks poised to go higher. could see the same episode we saw yesterday a blast higher just because!. . .
maybe I am wrong, but I am not convinced in Bulls rally,, (we cannot touch even 50 ema)

still sidelined
  • #154,990
  • Jan 22, 2009 1:45pm Jan 22, 2009 1:45pm
Quoting Piters
maybe I am wrong, but I am not convinced in Bulls rally,, (we cannot touch even 50 ema)

still sidelined
There is an old TL just above the h4 gann. Price may touch it and slam down from there.
  • #154,991
  • Jan 22, 2009 1:48pm Jan 22, 2009 1:48pm
I think we are due for a bears move, but probably not until middle of asian session. Chances are it will trend sideways for a while, below the H&S trendline. I shorted at 123.72.
Trade in the now
  • #154,992
  • Jan 22, 2009 1:48pm Jan 22, 2009 1:48pm
Quoting Piters
maybe I am wrong, but I am not convinced in Bulls rally,, (we cannot touch even 50 ema)

still sidelined
yeah - UJ keeps getting rejected at 89.20 area also not sure if stocks will maintain its rally. . . I re-shorted GJ at 123.80 area hoping for a swift turn down. . .
  • #154,993
  • Jan 22, 2009 1:52pm Jan 22, 2009 1:52pm
Quoting quecee5
yeah - UJ keeps getting rejected at 89.20 area also not sure if stocks will maintain its rally. . . I re-shorted GJ at 123.80 area hoping for a swift turn down. . .
I enter in 123.64
  • #154,994
  • Jan 22, 2009 1:56pm Jan 22, 2009 1:56pm
Quoting Piters
I enter in 123.64
probably going to be a long hall but I think the upmove will slowly dwindle since there is nothing really moving the market right now but BS news. . .
  • #154,995
  • Jan 22, 2009 2:03pm Jan 22, 2009 2:03pm
Its all downhill from here.
Patience + Humility + Study = Success
  • #154,996
  • Jan 22, 2009 2:04pm Jan 22, 2009 2:04pm
you know when you get the feeling taking a short from here is

far to easy well thats what im feeling lol

alright guys great posts
  • #154,997
  • Jan 22, 2009 2:09pm Jan 22, 2009 2:09pm
Quoting quecee5
probably going to be a long hall but I think the upmove will slowly dwindle since there is nothing really moving the market right now but BS news. . .
You had an expensive lunch today.. LOL...
Mine salad is very cheap... just returned (made one) and I am 20+

YeS, bro// we should see some more action now..

cheers
  • #154,998
  • Edited 2:28pm Jan 22, 2009 2:12pm | Edited 2:28pm
This is what I am thinking on M15s...

as well Prelim GDP and Retail sales come out during london, should push GBP down probably to wednesdays support.
Attached Image (click to enlarge)
Click to Enlarge Name: 20090122.gif Size: 39 KB
Trade in the now
  • #154,999
  • Jan 22, 2009 2:12pm Jan 22, 2009 2:12pm
Quoting DutchTrader
Its all downhill from here.
If we get a daily close below DP I will consider adding a few more longs. Right now price is ranging between 123-124. . . But PA on 15min chart is suggesting a leg down sooner rather later. . . both macd and stoch are OB from 15min - 1hr chart. . .

What concerns me is 4hr still has room to move up and is showing an upside leg up to 128.70 area if 124.10 is breached and we get a 4hr close above it. So I will be using tight stops on this trade cause I have a feeling the upside isn't quite done yet - JMHO!
  • #155,000
  • Jan 22, 2009 2:18pm Jan 22, 2009 2:18pm
Quoting Piters
You had an expensive lunch today.. LOL...
Mine salad is very cheap... just returned (made one) and I am 20+

YeS, bro// we should see some more action now..

cheers
No kidding bro - that popcorn cost me to lose half my gains on a small lot of course! LOL! Luckliy I closed the others out when I did!
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