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

  • #157,941
  • Feb 4, 2009 9:22am Feb 4, 2009 9:22am
Quoting Petefaders
My crystal ballz never lie.
130.88 will be difficult to break... major fib area around there.... may be a good opportunity to scalp via short, if it reaches that area. However, it break it, then the bias has truly changed from range bound to Long.
  • #157,942
  • Feb 4, 2009 9:23am Feb 4, 2009 9:23am
Quoting moneymagnet
great, no pullback for me to get in. double top at 130.54 anyone?
I am not in... too late... CHARTWATCHING this time..
possible 132 and 135.80 as next targets, after we close above that double top..

anyway.. i'll be back for NY closing
Attached Image (click to enlarge)
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  • #157,943
  • Feb 4, 2009 9:25am Feb 4, 2009 9:25am
Quoting moneymagnet
great, no pullback for me to get in. double top at 130.54 anyone?

yeah im waiting on a pull back myself, although i dont think im gonna get the one im looking for....hoping for 1.2940 but thats wishfull thinking haha
  • #157,944
  • Feb 4, 2009 9:27am Feb 4, 2009 9:27am
i am short in cable and G/J with 50 pip stop
  • #157,945
  • Feb 4, 2009 9:27am Feb 4, 2009 9:27am
Quoting moneymagnet
great, no pullback for me to get in. double top at 130.54 anyone?
I closed half of my long from 127.80 at 130.50.
  • #157,946
  • Feb 4, 2009 9:29am Feb 4, 2009 9:29am
Quoting PandoraBox
Eat back your word..
good call. now, can it go higher than 130.50 or will it stall again
"Don't trade to trade . . . trade to win." - James16
  • #157,947
  • Feb 4, 2009 9:30am Feb 4, 2009 9:30am
Quoting Big Bruv
hi all

by the way still long...until something significant occurs i'm not covering my longs...baby
morning all,

i'm still long, still a bull...baby

hope you all making mo money..baby

i will be looking to cover my positions around the 130.80 area. I will add longs when we get retrace maybe during asia from 128.50 area.
  • #157,948
  • Feb 4, 2009 9:31am Feb 4, 2009 9:31am
Quoting malcolmb14
well what a shake out overnight ..... liekly shoke out the weak longs and trapped some bears in this move.

The 4 hour charts have an awesome morning star set on the candles and we all know what that means ..... at least test of 130.50 on the cards

Attachment

here is a 4 hour chart I posted earlier in the week for all you swing traders out there

not the morning star set up .. and here is test of 130.50

no indies required just simple candle pattern
Blogging daily now at www.volume.zone
  • #157,949
  • Feb 4, 2009 9:33am Feb 4, 2009 9:33am
Quoting dreed
130.88 will be difficult to break... major fib area around there.... may be a good opportunity to scalp via short, if it reaches that area. However, it break it, then the bias has truly changed from range bound to Long.
Agreed.
  • #157,950
  • Feb 4, 2009 9:38am Feb 4, 2009 9:38am
Quoting jimo
i am short in cable and G/J with 50 pip stop

why .. this is going to 130.80 / maybe 131.20 . s & p at 850 ... but still looking strong

it is buy the pullbacks till 129 taken out (14 wma 15 min)

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  • #157,951
  • Feb 4, 2009 9:39am Feb 4, 2009 9:39am
Quoting Flem26
good call. now, can it go higher than 130.50 or will it stall again
Now depend on the resistance at 130.80 or at 131.20. Good luck mate.
  • #157,952
  • Feb 4, 2009 9:40am Feb 4, 2009 9:40am
Quoting Big Bruv
morning all,

i'm still long, still a bull...baby

hope you all making mo money..baby

i will be looking to cover my positions around the 130.80 area. I will add longs when we get retrace maybe during asia from 128.50 area.
You can kiss 128.50 goodbye for a while.
There's always money in the banana stand.
  • #157,953
  • Feb 4, 2009 9:41am Feb 4, 2009 9:41am
She has just overcome several trendlines and strongly broken out north. I'm covered at BE and will ride until she says otherwise. If you're going to short, do make sure there's a concrete reason.
There's always money in the banana stand.
  • #157,954
  • Feb 4, 2009 9:42am Feb 4, 2009 9:42am
Quoting PandoraBox
I closed half of my long from 127.80 at 130.50.
hate you, lol. hoping for a pullback to 129.60-70 area to buy or a solid close abobve 130.50-80 area then retest it for a possible buy.
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #157,955
  • Feb 4, 2009 9:42am Feb 4, 2009 9:42am
Quoting LizardGizzard
You can kiss 128.50 goodbye for a while.

yeah at least 9 hours till Asia
Blogging daily now at www.volume.zone
  • #157,956
  • Feb 4, 2009 9:42am Feb 4, 2009 9:42am
of course this could all come crashing down from this area lol
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #157,957
  • Feb 4, 2009 9:46am Feb 4, 2009 9:46am
Quoting moneymagnet
of course this could all come crashing down from this area lol


not yet es very strong .... also GU ....so no weakness to pull gj down

I missed move .... got extra 2 hours of sleep instead ... priceless lol ...

I know all I need do is wait and I will get my 100 pip trade later
Blogging daily now at www.volume.zone
  • #157,958
  • Feb 4, 2009 9:47am Feb 4, 2009 9:47am
It breached the high and still going strong. Last 15M closed very bullish. This last 15M candle will say a lot. If there are not sellers/profit takers coming in. Then the hourly should close very bullish. My target of 133.50 this week is still on the card. Then from there probably crash down again.
  • #157,959
  • Feb 4, 2009 9:50am Feb 4, 2009 9:50am
did anyone catch the wave on EURGBP?
  • #157,960
  • Feb 4, 2009 9:51am Feb 4, 2009 9:51am
Quoting malcolmb14
here is a 4 hour chart I posted earlier in the week for all you swing traders out there

not the morning star set up .. and here is test of 130.50

no indies required just simple candle pattern
"Don't trade to trade . . . trade to win." - James16
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