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

  • #177,721
  • May 17, 2009 9:03pm May 17, 2009 9:03pm
The close below 145 on Friday was a bearish signal for me. Expect this drop to reach 141.50ish area in London time. After that perhaps a retrace towards 143.40/144.00 then a drop below 140, and at 138.00 I'll re-evaluate. Along with DJIA weakness and overall sterling weakness I don't feel bullish but whatever. Charts will tell the tale.
Patience + Humility + Study = Success
  • #177,722
  • May 17, 2009 9:09pm May 17, 2009 9:09pm
Quoting PandoraBox
141.30 ~ 141.60 is weekly gann support level. Daily nearly touch OS level and maybe we might see GJ bounce during London session.
i am gonna quit all shorts @ 142, and join a monastery.
  • #177,723
  • May 17, 2009 9:19pm May 17, 2009 9:19pm
Sorry I dont post charts as I figure if you trade real money you have a frkg chart in front of you and know what I'm talking about. I see either a stop at 139 or this is it for this up move is over. For the record I'm not in any trade right now.
  • #177,724
  • May 17, 2009 9:24pm May 17, 2009 9:24pm
Quoting forexlion
i am gonna quit all shorts @ 142, and join a monastery.
I will wait till tomorrow. Daily GJ nearly touch OS level and I'm waiting it totally OS. However UJ weekly gann already flip but daily UJ extremely OS. Lot of factor, influent GJ movement at the moment.
  • #177,725
  • May 17, 2009 9:25pm May 17, 2009 9:25pm
Quoting forexlion
i am gonna quit all shorts @ 142, and join a monastery.
we ran out of land, so we built a hanging monastery right into the cliff wall, if you are a sleep walker, you are most welcome to visit us, you will be cured.

http://photos1.blogger.com/blogger/1...00/temple6.jpg
  • #177,726
  • May 17, 2009 9:25pm May 17, 2009 9:25pm
From Bloomberg: Currency Headline.
"Pound Attracts Cash Fastest Since ‘97 as U.K. a ‘Screaming Buy’"
  • #177,727
  • May 17, 2009 9:26pm May 17, 2009 9:26pm
usdjpy is falling, i think it'll help drag eurjpy and gbpjpy down along with it
prepare for worst & expect the best
  • #177,728
  • May 17, 2009 9:32pm May 17, 2009 9:32pm
added shorts on this 15 min swing up
  • #177,729
  • May 17, 2009 9:40pm May 17, 2009 9:40pm
Attached Image (click to enlarge)
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  • #177,730
  • May 17, 2009 9:42pm May 17, 2009 9:42pm
Quoting forexlion
added shorts on this 15 min swing up

Enjoy ur short my bias is buying till london open and i close my long position..
how was ur weekend lion..did u have fun with tiger, elephant and bear
MY OPINION NOT FINANCIAL ADVISE
  • #177,731
  • May 17, 2009 9:48pm May 17, 2009 9:48pm
[quote=forexlion;2739627]added shorts on this 15 min swing up[/quote

ok lets talk the wifey & kids are asleeps now, I have plenty of time holiday tomorrow here watching Jbond and a bball games ating the mo while watching you every move...

want to understand your philosophy, does your added shorts has anything to do with the taking of 62 fib from 151 to 139?
  • #177,732
  • May 17, 2009 9:49pm May 17, 2009 9:49pm
Quoting ak4x
Haven't posted here in ages .... but that ones deserves a and a

Stellar work.

Quoting Scrat
my good god! candles on RSI??? i almost fell down the chair when i saw that. superb!!!

Darn, I was going to exact a pips donation for my work on this one, but I might just post the code now, (mumbling under breath).

Brief explanation...uses RSI set to price_open, price_close, price_high and price_low to establish the wicks and body for each candle.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.gif Size: 20 KB
Attached File(s)
File Type: mq4 RSI BAR CHART.mq4   5 KB | 450 downloads
  • #177,733
  • May 17, 2009 9:49pm May 17, 2009 9:49pm
Quoting grashid
Everything is possible bro
  • #177,734
  • May 17, 2009 9:59pm May 17, 2009 9:59pm
[quote=Estero;2739642]
Quoting forexlion
added shorts on this 15 min swing up[/quote

ok lets talk the wifey & kids are asleeps now, I have plenty of time holiday tomorrow here watching Jbond and a bball games ating the mo while watching you every move...

want to understand your philosophy, does your added shorts has anything to do with the taking of 62 fib from 151 to 139?
my short exit target is 141.94 + spread + 10 pips for safety.
Attached Image (click to enlarge)
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  • #177,735
  • Edited 10:08pm May 17, 2009 10:04pm | Edited 10:08pm
[quote=forexlion;2739656]
Quoting Estero

my short exit target is 141.94 + spread + 10 pips for safety.
you scare the shit out of me everytime I refresh & you come out you fxg lion. I see better now. lol
you dont have to be so precise...god
why not 142
  • #177,736
  • May 17, 2009 10:04pm May 17, 2009 10:04pm
Quoting GodfreyH
Darn, I was going to exact a pips donation for my work on this one, but I might just post the code now, (mumbling under breath).

Brief explanation...uses RSI set to price_open, price_close, price_high and price_low to establish the wicks and body for each candle.
Thanks a lot, its really cool!

Attached Image (click to enlarge)
Click to Enlarge Name: rsi.gif Size: 30 KB
prepare for worst & expect the best
  • #177,737
  • May 17, 2009 10:10pm May 17, 2009 10:10pm
how's the trading?
  • #177,738
  • May 17, 2009 10:13pm May 17, 2009 10:13pm
Quoting mktjong
Everything is possible bro
am better out and see in London for more clear view and may seen daily to close first before set my new setting...just wanna see how my dummy is play out till london...see ya
  • #177,739
  • May 17, 2009 10:20pm May 17, 2009 10:20pm
btw if you guys are trading I think you should not its just a tease. have you a=ever watch licence to kill filmed in 1989 featuring T.Dalton but watching it seems that Sean Connery would have done a better job. same setups different settings...
  • #177,740
  • May 17, 2009 10:36pm May 17, 2009 10:36pm
[quote=forexlion;2739656]
Quoting Estero

my short exit target is 141.94 + spread + 10 pips for safety.

u are funny...u are shorting from bottom, i hope this is not true...u may wreck ur account oneday..i guess u are playing 1 mini lot..lol
MY OPINION NOT FINANCIAL ADVISE
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