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

  • #168,701
  • Apr 1, 2009 5:13pm Apr 1, 2009 5:13pm
Quoting Obaidah
144.2 (the median from 8 days ago) perhaps?
That looks like a safe choice.
  • #168,702
  • Apr 1, 2009 5:18pm Apr 1, 2009 5:18pm
Quoting OrionsWay
if your in already in da money good your golden i think, if you are looking to get in, could be a naiil biter until you have the wind on your back
i've already closed my long position off 141.91 @ 142.57 and not looking to enter in another one at this price level
I recommend you read something else as this sentence is now concluded.
  • #168,703
  • Apr 1, 2009 5:37pm Apr 1, 2009 5:37pm
Demark projection from upper trendline break agrees with Pivot...now we wait...
Attached Image (click to enlarge)
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TULKAS
  • #168,704
  • Apr 1, 2009 5:50pm Apr 1, 2009 5:50pm
I know I'm going out on a limb here but I do not think we are going up. I expect a bounce. I have my reasons and I'm sure we will know soon if I'm correct.

B
  • #168,705
  • Apr 1, 2009 5:59pm Apr 1, 2009 5:59pm
Quoting bigcoupe
I know I'm going out on a limb here but I do not think we are going up. I expect a bounce. I have my reasons and I'm sure we will know soon if I'm correct.

B
Ooooh, so cryptic, please share your reasons with the rest of us.
  • #168,706
  • Apr 1, 2009 6:07pm Apr 1, 2009 6:07pm
Quoting cullian
Ooooh, so cryptic, please share your reasons with the rest of us.
I will if I'm right. ;-)

My only reservation is the ascending triangle. These have always been my favorite trades. This is the one thing has me in doubt.

B
  • #168,707
  • Apr 1, 2009 6:10pm Apr 1, 2009 6:10pm
Quoting bigcoupe
I will if I'm right. ;-)

My only reservation is the ascending triangle. These have always been my favorite trades. This is the one thing has me in doubt.

B
Ok i'm probably just stupid, but aren't ascending triangles supposed to break up?
  • #168,708
  • Apr 1, 2009 6:12pm Apr 1, 2009 6:12pm
I was just about to play the trendline bounce (again ) now you getting me worried.
  • #168,709
  • Apr 1, 2009 6:15pm Apr 1, 2009 6:15pm
daily looks like trend continuation on macd
  • #168,710
  • Apr 1, 2009 6:16pm Apr 1, 2009 6:16pm
I'm still holding small long from 141.8 so maybe ill just wait for breakout and retest
  • #168,711
  • Apr 1, 2009 6:19pm Apr 1, 2009 6:19pm
we didn't see much of an upmove during the US session where the DJ went up. I'll simply view a breakout during the Asian session as another markup opportunity to short.
  • #168,712
  • Apr 1, 2009 6:20pm Apr 1, 2009 6:20pm
Quoting bigcoupe
I will if I'm right. ;-)

My only reservation is the ascending triangle. These have always been my favorite trades. This is the one thing has me in doubt.

B
how does it feel when you only need 1 vounch to be 10?? lol!!
I recommend you read something else as this sentence is now concluded.
  • #168,713
  • Apr 1, 2009 6:28pm Apr 1, 2009 6:28pm
Quoting Obaidah
how does it feel when you only need 1 vounch to be 10?? lol!!

LOL... Maybe if I'm right on a bounce, I'll earn my last stripe?

B
  • #168,714
  • Apr 1, 2009 6:29pm Apr 1, 2009 6:29pm
here comes the touch, it should be the little false break of 5M bull flag, then bounce up and break thru when tokyo opens
  • #168,715
  • Apr 1, 2009 6:31pm Apr 1, 2009 6:31pm
Quoting bigcoupe
LOL... Maybe if I'm right on a bounce, I'll earn my last stripe?

B
Dang, now you got me wanting you to be right
  • #168,716
  • Apr 1, 2009 6:33pm Apr 1, 2009 6:33pm
I'm also gonna point out that some of the optimism from the 152 DJ rise was caused by the fact that tmr the FASB will surrender to the lobbying of banks to allow them to value distressed assets at mark-to-an-amount-larger-than-global-GDP basis.
  • #168,717
  • Apr 1, 2009 6:34pm Apr 1, 2009 6:34pm
dang missed my long order by 1 pip, maybe its an omen, I'll be watching for shorts, just in case
  • #168,718
  • Apr 1, 2009 6:36pm Apr 1, 2009 6:36pm
but i still don't know the reason, what do you know big coupe
  • #168,719
  • Apr 1, 2009 6:40pm Apr 1, 2009 6:40pm
Quoting bigcoupe
LOL... Maybe if I'm right on a bounce, I'll earn my last stripe?

B
Post a chart and interpret for us. maybe that will get you over the hump.
  • #168,720
  • Apr 1, 2009 7:01pm Apr 1, 2009 7:01pm
i guess this thing is going to break 142.8, this can be obvious when you look at the last 2 down bars on M5.
I recommend you read something else as this sentence is now concluded.
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