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

  • #157,781
  • Feb 3, 2009 4:44pm Feb 3, 2009 4:44pm
i'm still on for 2810 area....but should have hit it by now.
last night around this same time we saw the beginning of a nice move down i believe
--post hoc ergo propter hoc--
  • #157,782
  • Feb 3, 2009 4:45pm Feb 3, 2009 4:45pm
Quoting malcolmb14
no idea..

tell you what why don't you tell me the targets .. .seriously .. that way you will learn ...

learn ? lol am a master mine is 128.145
  • #157,783
  • Feb 3, 2009 4:49pm Feb 3, 2009 4:49pm
anybody have any problems with spreads right now? i just had a 40 pip spread on GY this is ridiculous whatever it is.
  • #157,784
  • Feb 3, 2009 4:49pm Feb 3, 2009 4:49pm
In my opinion, the BULL is a fake one. I am short for every close candle in 15m. It was because about the another panic news.
  • #157,785
  • Feb 3, 2009 4:52pm Feb 3, 2009 4:52pm
Quoting Piters
my price histogram and levels for last 24H. (stiil i am trying to figure all functions.. but seams the levels works)
bounced exactly fom that 128.70 area (exited there
  • #157,786
  • Feb 3, 2009 4:52pm Feb 3, 2009 4:52pm
38 % fib retrace 127.80 was target for both trades

+60 and +40 ....not trading Asia tonight off to hockey game.. even though the Canucks suck ! .. but may be back later for some drunken trading !!!

Attached Image (click to enlarge)
Click to Enlarge Name: ym125.png Size: 127 KB
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  • #157,787
  • Feb 3, 2009 5:01pm Feb 3, 2009 5:01pm
i like this one. Waiting to break the red line before i go short..
Attached Image (click to enlarge)
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  • #157,788
  • Edited 5:05pm Feb 3, 2009 5:04pm | Edited 5:05pm
"" +60 and +40 ....not trading Asia tonight off to hockey game.. even though the Canucks suck ! .. but may be back later for some drunken trading !!!

""


but they should be able to take Carolina, used to live in Vancouver so am somewhat a canuck fan, except when they play the oilers
Trade what you see, not what you think.
  • #157,789
  • Feb 3, 2009 5:31pm Feb 3, 2009 5:31pm
nice post earlier mike w and you asked for a little feedback

well what i think is that we are ranging last two sessions between a few hundred pips ( ok obvious point and very boring for me personally and im sure a few others ) last week bull and bear days 500 pips up down larger ranging no trend change direction imo ok we've had a nice run from the recent new low but i see no reason to be bullish just yet no matter what the indicators say purely because if we have say one or two sessions down the indicators would flip back and the picture very quickly would once again look very very bearish i take bcoup uktraders views and others thats why we are here to discuss and enjoy we are seeing a bear rally for me personally to be on the bulls side which would be strange ( i probably wouldnt know my own name ) i'd need to see things improve in the uk and thats not going to happen in a week or so - we will see new lows
i could be totally wrong and when i am i'll hold my hands up no problem cause i'll be a bull in disguise by then anyways
  • #157,790
  • Feb 3, 2009 5:38pm Feb 3, 2009 5:38pm
Quoting bpatto
As you can see there is not too much interest in anything over 128.50, big boys are just letting the market drift.

I will post the asian session results before London.
Wow..where do you get that volume chart??
  • #157,791
  • Feb 3, 2009 5:44pm Feb 3, 2009 5:44pm
Sloppy H&S on 4 hr, but it's there. Would bring us to 125.50 area if NL breaks. Lot's of H&S this week.
  • #157,792
  • Feb 3, 2009 6:00pm Feb 3, 2009 6:00pm
What is going on with this thing? I just recently started trading this pair and 2 weeks ago it was great but last week and this week is testing my patience? Is it always like this?
  • #157,793
  • Feb 3, 2009 6:03pm Feb 3, 2009 6:03pm
Quoting dre3029
What is going on with this thing? I just recently started trading this pair and 2 weeks ago it was great but last week and this week is testing my patience? Is it always like this?


always used to be ... before july of last year ... then it started to get easier.

now it is back to the beast that we all know and love ...
Blogging daily now at www.volume.zone
  • #157,794
  • Feb 3, 2009 6:06pm Feb 3, 2009 6:06pm
So I'm guessing I should just sit back and wait for a break of 125 to confirm down trend because just when I think its going down it goes up?
  • #157,795
  • Feb 3, 2009 6:08pm Feb 3, 2009 6:08pm
GBP Nationwide Consumer Confidence 40
  • #157,796
  • Feb 3, 2009 6:10pm Feb 3, 2009 6:10pm
Quoting malcolmb14
38 % fib retrace 127.80 was target for both trades

+60 and +40 ....not trading Asia tonight off to hockey game.. even though the Canucks suck ! .. but may be back later for some drunken trading !!!

Attachment
The best kind!!
  • #157,797
  • Feb 3, 2009 6:11pm Feb 3, 2009 6:11pm
Quoting MykeFX
The best kind!!
other week went out , came back half cut made 400 pip scalping . did not overthink markets ....lol
Blogging daily now at www.volume.zone
  • #157,798
  • Feb 3, 2009 6:17pm Feb 3, 2009 6:17pm
here is down channel

selling rallies unless 129 taken out

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  • #157,799
  • Feb 3, 2009 6:20pm Feb 3, 2009 6:20pm
Quoting malcolmb14
other week went out , came back half cut made 400 pip scalping . did not overthink markets ....lol
I'll have to try that!
  • #157,800
  • Feb 3, 2009 6:21pm Feb 3, 2009 6:21pm
Quoting fxinthesun
GBP Nationwide Consumer Confidence 40
I guess consumers in England aren't feeling too confident.
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