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

  • #182,881
  • Jun 23, 2009 2:38am Jun 23, 2009 2:38am
http://s42.radikal.ru/i095/0906/b9/fdef53bc93e5.gif
  • #182,882
  • Jun 23, 2009 2:39am Jun 23, 2009 2:39am
Spread is 4 pip only right now
Markets are not Random, they are designed!
  • #182,883
  • Jun 23, 2009 2:40am Jun 23, 2009 2:40am
London open take my i lower, as always London and NY are more "master-player" than Asian session, and if only 155.69 supported over, than my ii would be realized..this is best place for downturn later, counter trade is riskier, but as always you can gain pips both ways-(or losing them)
Attached Image
  • #182,884
  • Jun 23, 2009 2:58am Jun 23, 2009 2:58am
position closed with ~ 50+ pips, i will go long again on break of 155.55
Making money not by predicting just by following ...
  • #182,885
  • Jun 23, 2009 3:16am Jun 23, 2009 3:16am
Quoting Raza
Spread is 4 pip only right now

50 min more bear will win....
MY OPINION NOT FINANCIAL ADVISE
  • #182,886
  • Jun 23, 2009 3:31am Jun 23, 2009 3:31am
Quoting donfriday
50 min more bear will win....
I am targetting 153.50 the most! ATM

Hope it does not go back to 154.70.
Markets are not Random, they are designed!
  • #182,887
  • Jun 23, 2009 3:34am Jun 23, 2009 3:34am
Buyers are hitting this thing on every deep...

1. They hit it once it touched 155.00
2. They hit it after the second deep to 154.41
3. Now it is bouncing again...

I think we will see a good 200 pips retrace from here...

Quoting Raza
I am targetting 153.50 the most! ATM

Hope it does not go back to 154.70.
  • #182,888
  • Jun 23, 2009 3:37am Jun 23, 2009 3:37am
Quoting Fusion
Buyers are hitting this thing on every deep...

1. They hit it once it touched 155.00
2. They hit it after the second deep to 154.41
3. Now it is bouncing again...

I think we will see a good 200 pips retrace from here...
Fusion just a little hick up because gbp news came out only slightly better than expected. nothing to do with apetite for buying.but if you want to long, go for it. i don't mind taking your money.dont guess the bottom man.
  • #182,889
  • Jun 23, 2009 3:40am Jun 23, 2009 3:40am
it was a comment from BOE Dale which says that "weak sterling is key channel for monetary easing"
  • #182,890
  • Jun 23, 2009 3:53am Jun 23, 2009 3:53am
Be careful shorting .. Bullish diversion .. atm.
Markets are not Random, they are designed!
  • #182,891
  • Jun 23, 2009 4:13am Jun 23, 2009 4:13am
Quoting Raza
Be careful shorting .. Bullish diversion .. atm.
Yup , thats what I am Talking about!
Markets are not Random, they are designed!
  • #182,892
  • Jun 23, 2009 4:17am Jun 23, 2009 4:17am
Quoting Fusion
Buyers are hitting this thing on every deep...

1. They hit it once it touched 155.00
2. They hit it after the second deep to 154.41
3. Now it is bouncing again...

I think we will see a good 200 pips retrace from here...

MAY be.. I Think little bit more down first!! lets see..
Markets are not Random, they are designed!
  • #182,893
  • Jun 23, 2009 4:18am Jun 23, 2009 4:18am
Quoting Raza
Be careful shorting .. Bullish diversion .. atm.
good call
  • #182,894
  • Jun 23, 2009 4:20am Jun 23, 2009 4:20am
Quoting nonchalant
good call
Thanks..

This could go FAR.. DOUBLE TOP or Some thing.. 159.50

There is alot of room up there!!
Markets are not Random, they are designed!
  • #182,895
  • Jun 23, 2009 4:29am Jun 23, 2009 4:29am
Quoting Raza
Thanks..

This could go FAR.. DOUBLE TOP or Some thing.. 159.50

There is alot of room up there!!
Why do you think it will go up that far?
As Dat7447 mentioned, theres a hard resistance around 155.7 that hasn't been broken all day...
But since I missed the initial short, I wish it will go up there
  • #182,896
  • Jun 23, 2009 4:32am Jun 23, 2009 4:32am
Quoting nonchalant
Why do you think it will go up that far?
As Dat7447 mentioned, theres a hard resistance around 155.7 that hasn't been broken all day...
But since I missed the initial short, I wish it will go up there
From Diversion point of view.1Hr... but that can change.

I was looking at the 4Hr E/U chart... similar pattern is shown..

Seems like we also have ABC... zig-zag 15M

Just a thought.?

I would like it lower to go long..
Markets are not Random, they are designed!
  • #182,897
  • Jun 23, 2009 4:44am Jun 23, 2009 4:44am
Quoting Raza
From Diversion point of view.1Hr... but that can change.

I was looking at the 4Hr E/U chart... similar pattern is shown..

Seems like we also have ABC... zig-zag 15M

Just a thought.?

I would like it lower to go long..

just watch the PA i have a losing trade of 100pips..normal and sl above 155 resistance till them we shall see....

cautiion dont long or short..anyone can be wrong trade ur chart...till 1hr candle just watch..
MY OPINION NOT FINANCIAL ADVISE
  • #182,898
  • Jun 23, 2009 5:27am Jun 23, 2009 5:27am
Quoting Raza
Be careful shorting .. Bullish diversion .. atm.

Hey Raza, with your experience with GJ, has the diversion been an accurate indicator of where things are going?
  • #182,899
  • Jun 23, 2009 6:34am Jun 23, 2009 6:34am
Quoting nonchalant
Why do you think it will go up that far?
As Dat7447 mentioned, theres a hard resistance around 155.7 that hasn't been broken all day...
But since I missed the initial short, I wish it will go up there
that's coz 155.90 is the 38.2 fibo for 216 down to 118.9. multi-week fib
  • #182,900
  • Jun 23, 2009 6:45am Jun 23, 2009 6:45am
US existing home sales coming up

PS sory a couple of hours away
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