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

  • #184,541
  • Jul 15, 2009 3:16am Jul 15, 2009 3:16am
Broke out of the 5 minute bullish flag.
TP 154.00
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd - 5 minute bull flag.gif Size: 12 KB
  • #184,542
  • Jul 15, 2009 3:24am Jul 15, 2009 3:24am
Quoting pipmyride
This thread is dead - i assume cos of the rubbish and useless postings in the last few months.

I wonder if its worth creating a new one and get the healthy discussions going again ??
Hi pip, it is a concern, but i have been around the block and you should see the knob heads there. (gu thread) and they are the same culprits that caused damage here. If you open another, they will come there because they have nothing better to do than show there ego's. until ff can give authority to thread starters to block idiots, we will never see a useful thread again. just keep posting here mate and i advise everyone not to respond to muppets when they come on. don't encourage them and cold shoulder will turn them away. oh, and use the ignore button. its fantastic.
  • #184,543
  • Jul 15, 2009 3:24am Jul 15, 2009 3:24am
Quoting Piece Of The Pie
Broke out of the 5 minute bullish flag.
TP 154.00

anyone selling? i am buying target 50 Gann on fibo 61.8.....been saying this since yesterday 4hrs kinda hard to sell so i was bull since then ..
trade your chart
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #184,544
  • Jul 15, 2009 3:30am Jul 15, 2009 3:30am
Quoting pipmyride
This thread is dead - i assume cos of the rubbish and useless postings in the last few months.

I wonder if its worth creating a new one and get the healthy discussions going again ??
I mentioned it a few weeks ago. Why not opening our own private (chat) room. There are numerous free chat software available like Campfire, at a cost of $ 9,95. You can invite people and also delete them. It has also got upload capabilities for charts and so.....Give it a thought!
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  • #184,545
  • Jul 15, 2009 3:35am Jul 15, 2009 3:35am
Came in at half median forecast. -23k as opposed to -41k concensus.

Sterling should continue to rally.

We're at the 50% fibo from last downmove, but I think we'll head towards the .62, (155 ish). Also some previous resistamce there.
  • #184,546
  • Jul 15, 2009 3:38am Jul 15, 2009 3:38am
Quoting ukdaytrader
Came in at half median forecast. -23k as opposed to -41k concensus.

Sterling should continue to rally.
Hope so but the unemployment fig stands a bit in the way...
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  • #184,547
  • Jul 15, 2009 3:41am Jul 15, 2009 3:41am
Quoting ukdaytrader
Came in at half median forecast. -23k as opposed to -41k concensus.

Sterling should continue to rally.

We're at the 50% fibo from last downmove, but I think we'll head towards the .62, (155 ish). Also some previous resistamce there.
you would think so, but unemployment came .2 higher. weird. less claims but more job losses. don't make sense.
  • #184,548
  • Jul 15, 2009 3:49am Jul 15, 2009 3:49am
Quoting Macedonia
you would think so, but unemployment came .2 higher. weird. less claims but more job losses. don't make sense.
a big load of structurally and cyclically unemployed people giving up searching for jobs hence dropping the employment base.
  • #184,549
  • Jul 15, 2009 3:59am Jul 15, 2009 3:59am
Quoting Macedonia
you would think so, but unemployment came .2 higher. weird. less claims but more job losses. don't make sense.
I could be mistaken here but as I understand it there are 23,000 more claims. The analysts forecast was for a further 41,000. Thus unemployment in the UK increases.
  • #184,550
  • Jul 15, 2009 3:59am Jul 15, 2009 3:59am
Quoting Macedonia
until ff can give authority to thread starters to block idiots,
thats wot we need ...
  • #184,551
  • Jul 15, 2009 4:02am Jul 15, 2009 4:02am
Quoting Eulogy
a big load of structurally and cyclically unemployed people giving up searching for jobs hence dropping the employment base.
The stats work the same in the US. They base the figure on benefits claims, Once benefits expire, those people are no longer counted either.

Quoting Macedonia
...If you open another, they will come there because they have nothing better to do than show there ego's.
Well said. I think a lot of decent traders are put off by the recent lack of professionalism here. I used to read this thread daily because people would have serious discussions about technicals and trading.

I was hoping the more experienced traders would come back once things have died down.

How do you set an ignore button? If I could screen out a couple of the people who hijacked this thread, it would be great.
  • #184,552
  • Jul 15, 2009 4:07am Jul 15, 2009 4:07am
Quoting ukdaytrader
I could be mistaken here but as I understand it there are 23,000 more claims. The analysts forecast was for a further 41,000. Thus unemployment in the UK increases.
well actualy UK, only 23,000 claimed for unemployment benifits rather than 41,000 so much less people lost jobs if you go acording to this. but the unemployment data shows slightly higher. Any way, nice stop hunt on G/U now i would not be suprised it shoots up now that the board is cleared. By the way thanks UK again for your help
  • #184,553
  • Jul 15, 2009 4:10am Jul 15, 2009 4:10am
Approaching resistance soon. I think we'll see 154.4 and not much more. Wait to see rejection high volume fractal in this area. 145 is my target.

Scotty B
Attached Image (click to enlarge)
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  • #184,554
  • Jul 15, 2009 4:11am Jul 15, 2009 4:11am
Quoting nihon.john
The stats work the same in the US. They base the figure on benefits claims, Once benefits expire, those people are no longer counted either.



Well said. I think a lot of decent traders are put off by the recent lack of professionalism here. I used to read this thread daily because people would have serious discussions about technicals and trading.

I was hoping the more experienced traders would come back once things have died down.

How do you set an ignore button? If I could screen out a couple of the people who hijacked this thread,...
As sad as it is to see some of the experienced traders leave this thread, their analysis should not be considered a one way street. As well as the idiots, there are also too many freeloaders who offer nothing to the thread but suddenly appear as soon as they see Piters and Quecee etc online. They'll then say something along the lines of 'Thank God you're here, the thread is rubbish now, please tell me where you think GY will go?'
  • #184,555
  • Jul 15, 2009 4:23am Jul 15, 2009 4:23am
Quoting Scotty B
Approaching resistance soon. I think we'll see 154.4 and not much more. Wait to see rejection high volume fractal in this area. 145 is my target.

Scotty B
Hi Scotty, I have 154.25 level acting as a resistance from the last swing high on the 16th of June, but the utl had been violated since, 157 level is a possibility.
Here's the earlier post btw :
http://www.forexfactory.com/showpost...postcount=1750

Good luck to you
Thank You
  • #184,556
  • Jul 15, 2009 4:38am Jul 15, 2009 4:38am
Quoting Macedonia
Hi pip, it is a concern, but i have been around the block and you should see the knob heads there. (gu thread) and they are the same culprits that caused damage here. If you open another, they will come there because they have nothing better to do than show there ego's. until ff can give authority to thread starters to block idiots, we will never see a useful thread again. just keep posting here mate and i advise everyone not to respond to muppets when they come on. don't encourage them and cold shoulder will turn them away. oh, and use the ignore...
Hi Macedonia,

I could not agree more. The eur/usd seems much the same. I am quite new to FF, but am not new to trading. To me it seems like a forum full of @#$@%%% having fun on $10 micro accounts asking each other where the next big move is comming from. Even after they have entered, they continue to ask where do you think it will go. this really is a joke and I agree FF should do something about it. Maybe start Forexfactory Play School and they could get Babypips to do the teaching...hmmm
  • #184,557
  • Jul 15, 2009 4:46am Jul 15, 2009 4:46am
Risk aversion is actually increasing, gbp/jpy will soon begin to decline. Correlation with gold also starts to weaken. Nevertheless ~150 is a major support and fib level. I'm going short on this pair from 153,14 with a target 144,30.
  • #184,558
  • Jul 15, 2009 4:49am Jul 15, 2009 4:49am
Quoting wormboy
Hi Scotty, I have 154.25 level acting as a resistance from the last swing high on the 16th of June, but the utl had been violated since, 157 level is a possibility.
Here's the earlier post btw :
http://www.forexfactory.com/showpost...postcount=1750

Good luck to you

how are u dragonball....hope u watch that movie before...nice tp scottyb same first target here before we know what next...
let see if we close above daily Gann, Kinda scary scenario.
c ya guys in 2 hrs.

sometime it ring in my head and make me remember Q he mention patience is the key of Gj ...after masive drop in few days market should rally before it continue and give new swing direction..
we breakup or we tank for new monthly price or we say good bye...
trade your chart.
Attached Image (click to enlarge)
Click to Enlarge Name: chart_3.png Size: 41 KB
MY OPINION NOT FINANCIAL ADVISE
  • #184,559
  • Jul 15, 2009 4:50am Jul 15, 2009 4:50am
Quoting Pirin
Risk aversion is actually increasing, gbp/jpy will soon begin to decline. Correlation with gold also starts to weaken. Nevertheless ~150 is a major support and fib level. I'm going short on this pair from 153,14 with a target 144,30.
Good Luck!! LOL!!
I don't CARE how many DOLLAR you earn, I just care how LONG you can TRADE
  • #184,560
  • Jul 15, 2009 4:51am Jul 15, 2009 4:51am
Wait to see what they have to tell us

To Pirin

I may add new position after this 15min bar...off course long
Work smart not hard
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