Im long @ 139.15 with SL @ 138.50.
The long position I had at 140.37 closed at +3 while I was sleeping. Now let's see what happens with this one, if the NY session decides to reverse London session's move.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #162,281
- Feb 25, 2009 6:54am Feb 25, 2009 6:54am
- #162,282
- Feb 25, 2009 6:54am Feb 25, 2009 6:54am
- | Joined Nov 2007 | Status: Trader | 1,839 Posts
Beer sounds good.
My thniking right now is this thing is still too expensive from a Japanese perspective. The question is just how expensive...?
I totally agree with you from a fundamental point off view but technically its too early for me to enter long but too be honest i aint going short either im
no for some reason my short order didnt go through and ive been onto the broker with no avail so ill sit out now and watch i have other trades to keep me interested bb asia
good luck all
- #162,283
- Feb 25, 2009 7:18am Feb 25, 2009 7:18am
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
I see people here buying...
I just wanted to wish them good luck
also added longs on retrace @ 140 and 139...if it gets to 138 i'll add again.....baby
- #162,287
- Feb 25, 2009 7:53am Feb 25, 2009 7:53am
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
big bruv,
how what price levels will you then consider a trend change?
if pa closes below 133...i will re-consider but not until..baby
Plz be aware i trade long term..i've been long since 127.50...this will not suit intra-day traders
- #162,289
- Feb 25, 2009 8:03am Feb 25, 2009 8:03am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
There's no short setup yet showing on 4hr and 1hr QQE + Gann though is there..? Also, a fairly significant shake-out had to happen in the 141 area, so this sharp move down is not unexpected I think.
I'm seeing this as the breather the bulls need for the next push above 142, but if we head below 135.50, then I'll start thinking of shorts.
I'm no oracle though.
Price right now is not even above 5m 50ema, plus it's below 1h gann and soon to be below 4h gann. I'm expecting 137.50 next.. I could be wrong.
I wouldn't buy unless price got back above 1h gann but that's just me.
Trade what you see, not what you think.
- #162,290
- Feb 25, 2009 8:18am Feb 25, 2009 8:18am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Looks like 5m bear flag broken to the downside, cmon GJ 
Trade what you see, not what you think.
- #162,291
- Feb 25, 2009 8:24am Feb 25, 2009 8:24am
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
Looks like 5m bear flag broken to the downside, cmon GJ
- #162,292
- Feb 25, 2009 8:27am Feb 25, 2009 8:27am
- | Joined Jun 2008 | Status: Trader | 1,079 Posts
I recommend you read something else as this sentence is now concluded.
- #162,293
- Feb 25, 2009 8:29am Feb 25, 2009 8:29am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
green ecalendar today
Trade what you see, not what you think.
- #162,294
- Feb 25, 2009 8:31am Feb 25, 2009 8:31am
- | Joined Jun 2008 | Status: Trader | 1,079 Posts
and red charts
I recommend you read something else as this sentence is now concluded.
- #162,295
- Feb 25, 2009 8:39am Feb 25, 2009 8:39am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
Looks like 5m bear flag broken to the downside, cmon GJ
- #162,297
- Feb 25, 2009 8:50am Feb 25, 2009 8:50am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #162,298
- Feb 25, 2009 9:05am Feb 25, 2009 9:05am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #162,300
- Feb 25, 2009 9:08am Feb 25, 2009 9:08am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
There was a short setup when 1h QQE crossed down and a candle closed below 15m 50ema after so long, easy 200 pips
Price right now is not even above 5m 50ema, plus it's below 1h gann and soon to be below 4h gann. I'm expecting 137.50 next.. I could be wrong.
I wouldn't buy unless price got back above 1h gann but that's just me.
I need to agreed with karmo after I see bearish continuation pattern (Falling three method) at H1 TF. Good observation bro
