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

  • #159,181
  • Feb 10, 2009 9:31am Feb 10, 2009 9:31am
HOoo 100pips up coming
  • #159,182
  • Feb 10, 2009 9:34am Feb 10, 2009 9:34am
Quoting xoiper
where i see no double top in 4h i believe we should turn from here

60 min .... red line 14 wma

stays under this she is sell ... goes above this is long .... fairly easy ....

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  • #159,183
  • Feb 10, 2009 9:43am Feb 10, 2009 9:43am
very mixed signals ....

4 hour ends in 20 min

look at vol ..... high and all we got is doji

that says loads buyers in the 134 zone.

I am out of here till this market works itself out ... even to choppy for me to scalp . Below 133.60 I think buyers give up ....

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  • #159,184
  • Feb 10, 2009 10:04am Feb 10, 2009 10:04am
nice spike, lol
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #159,185
  • Feb 10, 2009 10:04am Feb 10, 2009 10:04am
Buyers stepped in, but there was weakness in the background. Took another short from 134.71.
  • #159,186
  • Feb 10, 2009 10:06am Feb 10, 2009 10:06am
What was that?!!!!! Up 80 pips, then down 90 in less than 5 minutes!!!
On a journey to consistency.
  • #159,187
  • Feb 10, 2009 10:07am Feb 10, 2009 10:07am
crazy market..eh

dunno about you but long term..i.e..next month or so we are deffo bullish...

for me it's just a case of re-entering @ the 129 level or at a re-test of the low @ 119...baby

too be honest i just don't see it going back to the lows @ 119 but then again shit happens with geppy...baby

intra day i have no clue what so ever
  • #159,188
  • Feb 10, 2009 10:08am Feb 10, 2009 10:08am
Quoting Mysticdiver
Entered second long pos @ 13650...First long pos @ 13550... moved stop to 13350.
stopped out 13350 -500 pips
  • #159,189
  • Feb 10, 2009 10:10am Feb 10, 2009 10:10am
Quoting Tataocb
What was that?!!!!! Up 80 pips, then down 90 in less than 5 minutes!!!
Geithner speaking, dow made the same move.

I grabbed a short on that spike, weeeeee
  • #159,190
  • Feb 10, 2009 10:11am Feb 10, 2009 10:11am
Nice market with EU today but not with GU at all. very choppy which caused GJ also to be choppy.
Discipline + Patience - Fear - Greed = Success
  • #159,191
  • Feb 10, 2009 10:11am Feb 10, 2009 10:11am
This is where you go long. 132.70 is about the trendline. I will buy when price hits below 133.
  • #159,192
  • Feb 10, 2009 10:11am Feb 10, 2009 10:11am
Crazy PA
Trade what you see, not what you think.
  • #159,193
  • Feb 10, 2009 10:11am Feb 10, 2009 10:11am
Seems as if wave 3 of 5 of 1 has started in stock markets. New Lows ahead hopefully.
  • #159,194
  • Feb 10, 2009 10:12am Feb 10, 2009 10:12am
Quoting arezab
well I think 133.40 - 60 (previous low) should act as a sup because that area is LTL of that channel, while we see qqe quickly entering OS condition on H1 chart .. but I think if price comes lower than 133.60 sup, then next stop will be 130.50 - 60 area (next lower yellow support) before bull's next attempt to push it up.

I'm waiting to see how market reacts to 133.60 and how qqe behaves in OS area. If that falling wedge on qqe breaks to the upside then a triple top at 137 ish or may be a new high is to be expected before bears start.

I don't...

Still thinking 130ish support? No bounce on weekly pivot [132.50 on my chart]
  • #159,195
  • Feb 10, 2009 10:13am Feb 10, 2009 10:13am
Quoting Mysticdiver
stopped out 13350 -500 pips
why so much ??
Discipline + Patience - Fear - Greed = Success
  • #159,196
  • Feb 10, 2009 10:14am Feb 10, 2009 10:14am
Quoting hadleyma
Still thinking 130ish support? No bounce on weekly pivot [132.50 on my chart]
131.70
  • #159,197
  • Feb 10, 2009 10:16am Feb 10, 2009 10:16am
Quoting hadleyma
Still thinking 130ish support? No bounce on weekly pivot [132.50 on my chart]
133.50 - 60 broken so far ... now if the minor sup at 1132.40 is also broken then nothing is on the way to stop GJ down to 130.60 -70 which is the next major support.
Discipline + Patience - Fear - Greed = Success
  • #159,198
  • Feb 10, 2009 10:17am Feb 10, 2009 10:17am
It keeps going and going and going....
On a journey to consistency.
  • #159,199
  • Feb 10, 2009 10:18am Feb 10, 2009 10:18am
Quoting arezab
why so much ??
If I am looking to gain a thousand pips or more, by adding positions, I have to be willing to accept a loss...about 1% in this case.
my e/u scalping since London has it covered.
  • #159,200
  • Feb 10, 2009 10:18am Feb 10, 2009 10:18am
I'm long for a short term bounce, 5, 15, and 30min showing oversold, bounced off support at 132.50ish, I got one long at 132.60, SL set up for b/e + 10
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