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

No but taking that into consideration along with the recent highs there is a 92% probability that it retraces to 50% which would be around the 142 area, just something I'm looking at

Personally, my position on GBPUSD is long, way from last week. First long was around 1.4730s, bought more yesterday around 1.4850s, more today around 1.4950s.

My average is around 1.4840s, and i am still bullish. Trend will reverse below 1.4840s though, given most position averages are around that level.

USD and JPY strength will weigh on this pair for the next few sessions

yep i would agree. but for now 1hr looks oversold. in bearish scenario i would vote for getting back to 148,XX and then maybe down. maybe i'm wrong..

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so no more hedging guys, learn to trade the hard way

morning pips


i take it we are going into some range trading mode....

I will not be surprised if we go to 145 ( i see 146.50 as the magic daily number) we close below that and no telling were this goes.....
however its also very possible we within that range 149 - 145 till next week...need cable to stay above 1.4820. A daily close below that and we will drip downwards....baby

my eyes currently watching euro while GBP takes a rest...baby



(Above based on daily's)

thanks friend...i entry long at 1.4743...now still hold

I see 148.00 - 148.12 as a top and down from ther in a range 148.00 to 137.00 anyone else see that

meant 147.00

121 now and 2nd week not even over..wot u think?...just trying to build up profile
http://bigbruv5.zulutrade.com/TradeH....aspx?pid=4618

nned to see this to break for 1.4650 possible next week

If GJ could break 145.80:

1st target will be 144.20

2nd target - 140.20


p/s: or GJ bounce at 145.80.

gj

JPM Q1 $0.4 eps
expectations $0.32 eps

First no naked short selling.

Then no short selling.

Now no hedging, while you sleep or over the weekend.

Next no profit taking unless they verify it somehow.

Sounds like a free market my donkey.

I made a small tool to help in trading GBPJPY better and easier.

 

1. Guys I need your comments on how effective the tool is
2. and how has it helped you in your trading.

OR learn to hedge the proper way using other correlated instruments.

OR use Oanda where sub accounts can be created for pure hedge capability.

OR learn how to use synthetics.

Be careful to watch 1.4840s bro so that you could book your 100 or so profit

ı suspect GBP will be hit once GBPUSD falls below 1.4840s

its lingering right above that level before the us open

heaps, i've learnt now not to waste time.......something you seem to need to learn too

You must have loads of time on your hands, you know you could come on over to my place and help me with the direction of this GPB/JPY bitch thing .... only joking !!