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

  • #166,901
  • Mar 23, 2009 10:45am Mar 23, 2009 10:45am
watch 139.80 best buy level
  • #166,902
  • Mar 23, 2009 11:01am Mar 23, 2009 11:01am
Quoting Andrew Vu
It looks like 141.90 could not break for now, any market direction advise for now, experts? The big bull or bear will probably break during Asian session, do you think?

If US stock turns from bullish to bear at the end of the day, GJ could shoot up and retest?
...
let the market choose deciision for now gj is still up and range ....maybe we see breakout tomorrow if not we go back down...but look uj and gu if u want to trade gj
MY OPINION NOT FINANCIAL ADVISE
  • #166,903
  • Mar 23, 2009 11:04am Mar 23, 2009 11:04am
for the third time 140.32 nicely worked as a buying level
it wont hold forever..
  • #166,904
  • Edited 12:25pm Mar 23, 2009 11:14am | Edited 12:25pm
Quoting pkimnyc
much bigger fish will be coming out soon.
Yes sirrrrrrrrrrrrrrrrrrrr. . .

Get yr bermudas ready bro for a daily swing_Then let's flip it for a rather lengthy long-term trade. . .
  • #166,905
  • Mar 23, 2009 11:18am Mar 23, 2009 11:18am
Quoting quecee5
Yes sirrrrrrrrrrrrrrrrrrrr. . .

Get yr bermudas ready bro for a daily swing_Then let's flip it for a rather lengthy long-tern trade. . .
Q. Could you be a bit more specific pls. As I see it there is bearish diversion on1hr which should soon carry on up (is tht the bermudas?) Then it goes down long term? Or do I have tht completely wrong? Sorry i tht is completely newbie nonsense.
  • #166,906
  • Mar 23, 2009 11:19am Mar 23, 2009 11:19am
Quoting quecee5
Nice volatility today - Daytraders should be like kids in a candy store with this kind of movement. . .

hit gj gu and gbpchf this morning and ES long .. was being greedy ..lol

seems GJ in bull flag 15 min Q ... any thoughts on that . Do you foresee another test of that 141.70 level in asia ? i have only been taking sells on rallies GJ 5 min due to the flag , until it went into this sideways channel 140.4 to 141
Blogging daily now at www.volume.zone
  • #166,907
  • Mar 23, 2009 11:26am Mar 23, 2009 11:26am
Quoting pkimnyc
much bigger fish will be coming out soon.
which direction will the fish be swimming, so we can go catch it?
  • #166,908
  • Mar 23, 2009 11:26am Mar 23, 2009 11:26am
Quoting malcolmb14
until it went into this sideways channel 140.4 to 141
what you really mean is "until the lame US fraud session began" over the last few weeks, geppy has gone sideways once the crooks in New York begin trading . . .
"Don't trade to trade . . . trade to win." - James16
  • #166,909
  • Mar 23, 2009 11:28am Mar 23, 2009 11:28am
Quoting malcolmb14
hit gj gu and gbpchf this morning and ES long .. was being greedy ..lol

seems GJ in bull flag 15 min Q ... any thoughts on that . Do you foresee another test of that 141.70 level in asia ? i have only been taking sells on rallies GJ 5 min due to the flag , until it went into this sideways channel 140.4 to 141
i the bull flag is more prominent on 1h, i just think. maybe wrong. can u see it?
  • #166,910
  • Mar 23, 2009 11:28am Mar 23, 2009 11:28am
Quoting dialpips
which direction will the fish be swimming, so we can go catch it?
up. just a personal pov.
  • #166,911
  • Mar 23, 2009 11:31am Mar 23, 2009 11:31am
Quoting Flem26
what you really mean is "until the lame US fraud session began" over the last few weeks, geppy has gone sideways once the crooks in New York begin trading . . .
fraud session lol
  • #166,912
  • Mar 23, 2009 11:32am Mar 23, 2009 11:32am
Quoting Flem26
what you really mean is "until the lame US fraud session began" over the last few weeks, geppy has gone sideways once the crooks in New York begin trading . . .


channels easier to trade IMHO .... loving the 140.4 to 141 right now on 5th trade
Blogging daily now at www.volume.zone
  • #166,913
  • Mar 23, 2009 11:41am Mar 23, 2009 11:41am
Absolutely no surprise we bounced at major resistance under 142. We've not been above here for a while and already 'tested' it more than once. If this plays out without any shenannigans, we will move up and 142 will become support.

I'll put my neck on the block here and say we've seen the low for this cycle. Danglers from 119 are unlikely to come into profit anytime soon.
  • #166,914
  • Mar 23, 2009 11:59am Mar 23, 2009 11:59am
gj last 141.00
the gj will drop down to 139.94 now....
be ready
  • #166,915
  • Mar 23, 2009 12:01pm Mar 23, 2009 12:01pm
Quoting gody6000
gj last 141.00
the gj will drop down to 139.94 now....
be ready
A short would be risky considering we're into the last hour of trading with ES and Dow flying.
  • #166,916
  • Mar 23, 2009 12:04pm Mar 23, 2009 12:04pm
Whats cooking auslanco's room?
  • #166,917
  • Mar 23, 2009 12:12pm Mar 23, 2009 12:12pm
Quoting ukdaytrader
A short would be risky considering we're into the last hour of trading with ES and Dow flying.
the rang in asia market will be 141.05 ish.....13971 ish start at 02.00am gmt
watchit.....happy trade..
  • #166,918
  • Mar 23, 2009 12:14pm Mar 23, 2009 12:14pm
Quoting belekas
Whats cooking auslanco's room?
flags of bull
  • #166,919
  • Mar 23, 2009 12:19pm Mar 23, 2009 12:19pm
Quoting for_idea
flags of bull
i would say bull ... full stop

feds printing money .. throwing money at banks ... smells of PANIC . I guess they can just add to their 60 trillion debt load. The poor retial investors are buying into what they see on the news and buying into this BS .

looking at market today seems that recession is over ... lol

enjoying the intraday volatility though !!!
Blogging daily now at www.volume.zone
  • #166,920
  • Mar 23, 2009 12:26pm Mar 23, 2009 12:26pm
I am not a volume expert but do use it when I'm undecided on the direction. This move up today has extremely low volume. Something to think about

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