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

  • #163,301
  • Mar 2, 2009 1:44pm Mar 2, 2009 1:44pm
Quoting belekas
reading a great book
Great book indeed, Jesse was a wildman, some great stuff within that book. Lots of ups and downs BUT he had to prove it, and he knew how to restart when he blew up. Fearless is the key to be taken from that story, stnad for your convictions.

Anyone else playing the long side or am i a lone soldier
"Millionaires don't use astrology, billionaires do"
  • #163,302
  • Mar 2, 2009 1:45pm Mar 2, 2009 1:45pm
unreal the movements in the gj today

200 pip down moves with 100 pip retracements.... the volatility is high which is great if you know how to use , but sucks if you are a newbie and overleverage your account , and end up on the wrong side of the trade


waiting to see if 137 holds or if we move back to the 137.50 . My sell at 136.50 was stopped out
The UJ is hardly dropping .....
find that of interest and any time soon if it decides to join the party GJ could easily move down fast.

ES holding 700 for now
Blogging daily now at www.volume.zone
  • #163,303
  • Mar 2, 2009 1:48pm Mar 2, 2009 1:48pm
Quoting malcolmb14
unreal the movements in the gj today

200 pip down moves with 100 pip retracements.... the volatility is high which is great if you know how to use , but sucks if you are a newbie and overleverage your account , and end up on the wrong side of the trade


waiting to see if 137 holds or if we move back to the 137.50 . My sell at 136.50 was stopped out
The UJ is hardly dropping ..... find that if interest and nay time soon if it decides to join the party GJ could easily move down fast.

ES holding 700 for now
good buying coming in on ES



could see 4120-60 in lb futures
"Millionaires don't use astrology, billionaires do"
  • #163,304
  • Mar 2, 2009 1:54pm Mar 2, 2009 1:54pm
I am seeing a broken trendline last week, and now a retracement back to that trendline which was rejected today. It may be tough to break this, but anythign can happen.

Also, speculation is that Japan will cut rates which means much higher for the Yen. Perhaps this is buy the rumor sell the news type of thing that has been happening.

All in all, the dollar still looks pretty good yet. Heads up dollar bears

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"Keep your eyes on the helpers" - Mr. Rogers
  • #163,305
  • Mar 2, 2009 1:56pm Mar 2, 2009 1:56pm
What is ES?

Quoting OrionsWay
good buying coming in on ES



could see 4120-60 in lb futures
"Keep your eyes on the helpers" - Mr. Rogers
  • #163,306
  • Mar 2, 2009 1:58pm Mar 2, 2009 1:58pm
Quoting damonl
.

All in all, the dollar still looks pretty good yet. Heads up dollar bears

Attachment

Yea dx bears been skinned and will continue being skinned as long as there is an offer on the chart, complete reverse of prior years
"Millionaires don't use astrology, billionaires do"
  • #163,307
  • Mar 2, 2009 1:58pm Mar 2, 2009 1:58pm
Quoting OrionsWay
Great book indeed, Jesse was a wildman, some great stuff within that book. Lots of ups and downs BUT he had to prove it, and he knew how to restart when he blew up. Fearless is the key to be taken from that story, stnad for your convictions.

Anyone else playing the long side or am i a lone soldier

i tried a long off 136.50 when my sell got stopped out ... took 1/2 off with target 137.5
Blogging daily now at www.volume.zone
  • #163,308
  • Mar 2, 2009 1:58pm Mar 2, 2009 1:58pm
Quoting damonl
What is ES?

Emini sp500 futures
"Millionaires don't use astrology, billionaires do"
  • #163,309
  • Mar 2, 2009 1:59pm Mar 2, 2009 1:59pm
going home now. can't wait to see my actual working chart.
see you guys in about an hour.
  • #163,310
  • Mar 2, 2009 2:02pm Mar 2, 2009 2:02pm
forexlion, dumb dumb acc in play,

had to crop the ads out FF frowns on that LOL
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"Millionaires don't use astrology, billionaires do"
  • #163,311
  • Mar 2, 2009 2:03pm Mar 2, 2009 2:03pm
Quoting damonl
I am seeing a broken trendline last week, and now a retracement back to that trendline which was rejected today. It may be tough to break this, but anythign can happen.

Also, speculation is that Japan will cut rates which means much higher for the Yen. Perhaps this is buy the rumor sell the news type of thing that has been happening.

All in all, the dollar still looks pretty good yet. Heads up dollar bears

Attachment
excuse me?
BoJ will cut rates????
They're already at 0.1%, how they gonna cut?
  • #163,312
  • Mar 2, 2009 2:05pm Mar 2, 2009 2:05pm
personally emailed me his chart today...

JK he was trying to pitch something... interesting to see tho.
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  • #163,313
  • Mar 2, 2009 2:09pm Mar 2, 2009 2:09pm
Quoting MykeFX
personally emailed me his chart today...

JK he was trying to pitch something... interesting to see tho.
i wonder if he is the only person to see that
"Millionaires don't use astrology, billionaires do"
  • #163,314
  • Mar 2, 2009 2:12pm Mar 2, 2009 2:12pm
Quoting OrionsWay
i wonder if he is the only person to see that
pretty safe advice...
  • #163,315
  • Mar 2, 2009 2:15pm Mar 2, 2009 2:15pm
Es has to be 50 for gj to be 120 .....lol

we have had just about a 7% decline in the indexes and the best gj can do is 136 !!! a mere 3.5 % drop
Blogging daily now at www.volume.zone
  • #163,316
  • Mar 2, 2009 2:19pm Mar 2, 2009 2:19pm
Quoting malcolmb14
Es has to be 50 for gj to be 120 .....lol

we have had just about a 7% decline in the indexes and the best gj can do is 136 !!! a mere 3.5 % drop

my view is LT players are buying the cross to position themselves in equities
mega billions to invest quietly
"Millionaires don't use astrology, billionaires do"
  • #163,317
  • Mar 2, 2009 2:24pm Mar 2, 2009 2:24pm
I'm scalping down to 136 for a long swing up to 139 if current channel holds
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Money & Pain Respect the market, protect your capital, be patient
  • #163,318
  • Mar 2, 2009 2:28pm Mar 2, 2009 2:28pm
Quoting toyboy tramp
I'm scalping down to 136 for a long swing up to 139 if current channel holds

if that hold sure looks like a bull flag to me .... interesting
Blogging daily now at www.volume.zone
  • #163,319
  • Mar 2, 2009 3:03pm Mar 2, 2009 3:03pm
piters did you ever get your kiss
  • #163,320
  • Mar 2, 2009 3:15pm Mar 2, 2009 3:15pm
Quote
yep right on target my friend. . .
1hr/4hr looking a bit OS so we may see price recoup a bit before further down. . . need to watch this very carefully! however daily is screaming at least another 500-1,000 pips down!

I don't see it If the lower TL holds, should retrace around 134.50, though a close below that and bottoms away. If you have a chance to post a chart, that would be great

cheers
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