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

  • #160,101
  • Feb 12, 2009 2:46pm Feb 12, 2009 2:46pm
Quoting malcolmb14
closed that on attempt to go down ... no sellers

this looks like may 130....

flat for now and coming back in Asia ( tokyo )
Hi Malcomb,
Should I close my GJ short at 127.34 or hold till Tokyo open?
  • #160,102
  • Feb 12, 2009 2:48pm Feb 12, 2009 2:48pm
H&S on 15 min GU chart. If it holds, we go down.
  • #160,103
  • Feb 12, 2009 2:52pm Feb 12, 2009 2:52pm
Quoting maryinvest
Hi Malcomb,
Should I close my GJ short at 127.34 or hold till Tokyo open?


err ... Mary YTOU HAVE TO START USING STOPS .....otherwise you will just spin your wheels

to tell you truth the run in ES speaks volumes .... 127 may have been market low for now . I think we have to see how the next 24 hours plays out , , but that pin bar on the 60 min was just taken out on GJ ... so very confused signals right now.
Blogging daily now at www.volume.zone
  • #160,104
  • Feb 12, 2009 2:55pm Feb 12, 2009 2:55pm
http://www.marketwatch.com/news/stor...759376B04BE%7D
Blogging daily now at www.volume.zone
  • #160,105
  • Feb 12, 2009 2:57pm Feb 12, 2009 2:57pm
Quoting malcolmb14
err ... Mary YTOU HAVE TO START USING STOPS .....otherwise you will just spin your wheels

to tell you truth the run in ES speaks volumes .... 127 may have been market low for now . I think we have to see how the next 24 hours plays out , , but that pin bar on the 60 min was just taken out on GJ ... so very confused signals right now.
100 pips up in only 40 mins.
Really confused what is happening.
What is a crazy girl!
  • #160,106
  • Feb 12, 2009 2:58pm Feb 12, 2009 2:58pm
Baskets, get your baskets, baskets 3 for 5$
"Millionaires don't use astrology, billionaires do"
  • #160,107
  • Feb 12, 2009 3:01pm Feb 12, 2009 3:01pm
buy on rumors, sell on news ... time to start slowly load up the shorts again now that rumor is out.

however, approaching 4H gann line at ~130 and 1H QQE about to cross up... looks like 130ish is the inflection point - hope asia retraces
  • #160,108
  • Feb 12, 2009 3:03pm Feb 12, 2009 3:03pm
Quoting hadleyma
buy on rumors, sell on news ... time to start slowly load up the shorts again now that rumor is out
Good luck with that.
There's always money in the banana stand.
  • #160,109
  • Feb 12, 2009 3:03pm Feb 12, 2009 3:03pm
Quoting maryinvest
What is a nice up movement for gj, gu! But I think they will bounce back to retest lower levels but hard to hit my target 126.60
Hixxx

Hmmmm Sis, u will need to watch this up move very well. It might end up being continuation of uptrend on GJ and that will mean the downtrend was a retracement of the last move from 119.x to 137.x

I am also a newbie anyway, this is just a thought. I will not feel comfortable warehousing reds on short position at this point.
  • #160,110
  • Feb 12, 2009 3:11pm Feb 12, 2009 3:11pm
I would much contend that 127 is the lowest you're going to see for a while. Got my long in at 128.80.
There's always money in the banana stand.
  • #160,111
  • Feb 12, 2009 3:12pm Feb 12, 2009 3:12pm
Now that was a crazy session. lol.

How is everyone ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #160,112
  • Feb 12, 2009 3:13pm Feb 12, 2009 3:13pm
Quoting OrionsWay
Baskets, get your baskets, baskets 3 for 5$




any napkins with those...

on another note, interesting asia session coming up to say the least...
h4 looks bullish to me and has since the candle close at 8am est this morning for me which was the right around the low at 1.2700 area. early to tell right now will play out. im out of everything and kicking back for a while, somethings going on
  • #160,113
  • Feb 12, 2009 3:14pm Feb 12, 2009 3:14pm
latest short nicely got stopped out. lol
  • #160,114
  • Feb 12, 2009 3:15pm Feb 12, 2009 3:15pm
Quoting LizardGizzard
I would much contend that 127 is the lowest you're going to see for a while. Got my long in at 128.80.



only watch it ... the move up on ES looked VERY impulsive...

and asia might well sell off into you buy zone ...

one thing to think about ES rallied 30 points !!! gj did not even hit daily pivot
Blogging daily now at www.volume.zone
  • #160,115
  • Feb 12, 2009 3:16pm Feb 12, 2009 3:16pm
Price is still below 4h gann, so bearish to me..

The announcement did surprise.. if we don't get above 4h gann then this rally is BS.
Trade what you see, not what you think.
  • #160,116
  • Feb 12, 2009 3:17pm Feb 12, 2009 3:17pm
Quoting NwFXenthsist


any napkins with those...

on another note, interesting asia session coming up to say the least...
h4 looks bullish to me and has since the candle close at 8am est this morning for me which was the right around the low at 1.2700 area. early to tell right now will play out. im out of everything and kicking back for a while, somethings going on
smart guy !!!
Blogging daily now at www.volume.zone
  • #160,117
  • Feb 12, 2009 3:17pm Feb 12, 2009 3:17pm
Quoting karmostaji
Price is still below 4h gann, so bearish to me..

The announcement did surprise.. if we don't get above 4h gann then this rally is BS.
with you on this.
  • #160,118
  • Feb 12, 2009 3:17pm Feb 12, 2009 3:17pm
Quoting karmostaji
Price is still below 4h gann, so bearish to me..

The announcement did surprise.. if we don't get above 4h gann then this rally is BS.


but 1 hour Gann .. now nice support
Blogging daily now at www.volume.zone
  • #160,119
  • Feb 12, 2009 3:19pm Feb 12, 2009 3:19pm
Quoting karmostaji
Price is still below 4h gann, so bearish to me..

The announcement did surprise.. if we don't get above 4h gann then this rally is BS.
At least karmo here now
Hihi...where are all bears? :d
  • #160,120
  • Feb 12, 2009 3:19pm Feb 12, 2009 3:19pm
Quoting malcolmb14
but 1 hour Gann .. now nice support

Gann setting 10 is 128.70 on daily .... today closes above that it is support.
Blogging daily now at www.volume.zone
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