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

  • #186,481
  • Jul 29, 2009 1:21pm Jul 29, 2009 1:21pm
the kitty chart
Attached Image
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #186,482
  • Jul 29, 2009 1:29pm Jul 29, 2009 1:29pm
Quoting england33
the kitty chart
the next best thing after the "britney indicator" ... geppy and gold lose a bit of their correlation, did you notice that ?
  • #186,483
  • Jul 29, 2009 1:30pm Jul 29, 2009 1:30pm
155.22 is what I'm looking at now. We break below and we stay below for the rest of the week.

Still bearish. lol
  • #186,484
  • Jul 29, 2009 1:46pm Jul 29, 2009 1:46pm
Quoting england33
the kitty chart

dont worry they will all crash..i am bored with GJ now trading ucad for real..got nice reversal ..how ur trading today.
MY OPINION NOT FINANCIAL ADVISE
  • #186,485
  • Jul 29, 2009 1:50pm Jul 29, 2009 1:50pm
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how many guy in the picture

  • #186,486
  • Jul 29, 2009 1:51pm Jul 29, 2009 1:51pm
Quoting Pirin
the next best thing after the "britney indicator" ... geppy and gold lose a bit of their correlation, did you notice that ?
I noticed that with the other commodity oil.. Must be a sign.. lol you remember that one..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #186,487
  • Jul 29, 2009 1:52pm Jul 29, 2009 1:52pm
Quoting donfriday
dont worry they will all crash..i am bored with GJ now trading ucad for real..got nice reversal ..how ur trading today.
you know i thought the same thing. this is being frustrating but I want to keep my eye on the big fish.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #186,488
  • Jul 29, 2009 2:17pm Jul 29, 2009 2:17pm
Quoting england33
you know i thought the same thing. this is being frustrating but I want to keep my eye on the big fish.

the big move will come after NFP....that is what they are waiting for....eu ucad,uch got nice reversal ..i am waiting for my ucad to close above the southern doji 1.0915 and i add more buy position..
MY OPINION NOT FINANCIAL ADVISE
  • #186,489
  • Jul 29, 2009 2:35pm Jul 29, 2009 2:35pm
im actually getting sick to death of this pair now.

GBPUSD is near its lows, EURJPY is near its lows, gbpjpy is 170 pips up from its lows and looks more likely to hit 162 than 152!!!!!! how the HELL
  • #186,490
  • Jul 29, 2009 2:56pm Jul 29, 2009 2:56pm
why don't you take a look at what u-j is doing. in fact, it's all about the dollar these days... you probably noticed what happened to e-u, a-u, u-cad etc.

Quoting ewokuk
im actually getting sick to death of this pair now.

GBPUSD is near its lows, EURJPY is near its lows, gbpjpy is 170 pips up from its lows and looks more likely to hit 162 than 152!!!!!! how the HELL
Nihil Sine Deo.
  • #186,491
  • Jul 29, 2009 2:57pm Jul 29, 2009 2:57pm
http://gardenpartyradio.com/wp/images/Sleeping-Bear.jpg
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #186,492
  • Jul 29, 2009 3:18pm Jul 29, 2009 3:18pm
Quoting Scrat
why don't you take a look at what u-j is doing. in fact, it's all about the dollar these days... you probably noticed what happened to e-u, a-u, u-cad etc.
still doesnt make any sense. if uj was weakening the yen then surely eurjpy would not be sitting at its lows. the only explanation for that would be if gbpusd was keeping a bid on gbpjpy, but it isnt as its also within 20 pips of its low for the day, while gj is now 180 pips off its low!! madness.
  • #186,493
  • Jul 29, 2009 3:31pm Jul 29, 2009 3:31pm
let's take a look at the big picture - daily chart since 146.75.

i see that each time there is a drop, buyers are jumping in. see the arrows - you can imagine a channel, and so far. it looks like they are doing it again... thus keeping the price in an upward channel so far.

i couldn't care less who's buying and who's selling. yes, market is manipulated, there is bullshit flying in the air, world economy is crashing... BUT the trend on the chart is up until proven otherwise. so, keep buying until there is no more buying in the market - that is, you lose your last position.

or take a break and have some fun.

p.s. forgot to mention: last dip went to 152.30 (see double arrow); that would be the confirmed lower limit for daily channel... so, as long as price is above that, don't play too much with short positions.
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Nihil Sine Deo.
  • #186,494
  • Jul 29, 2009 3:32pm Jul 29, 2009 3:32pm
wake up dumb

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  • #186,495
  • Jul 29, 2009 3:36pm Jul 29, 2009 3:36pm
Quoting Scrat
let's take a look at the big picture - daily chart since 146.75.

i see that each time there is a drop, buyers are jumping in. see the arrows - you can imagine a channel, and so far. it looks like they are doing it again... thus keeping the price in an upward channel so far.

i couldn't care less who's buying and who's selling. yes, market is manipulated, there is bullshit flying in the air, world economy is crashing... BUT the trend on the chart is up until proven otherwise. so, keep buying until there is no more buying in the market - that is,...

most of the high volume this week has been on pivot highs

there is some distribution going on in this pair right now.

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Blogging daily now at www.volume.zone
  • #186,496
  • Jul 29, 2009 3:38pm Jul 29, 2009 3:38pm
hey buddies, i was swimming when she was dancing cha cha ..
now imagine what happened and happening to my pips
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Making money not by predicting just by following ...
  • #186,497
  • Jul 29, 2009 3:42pm Jul 29, 2009 3:42pm
Quoting warta
wake up dumb

Attachment
only bulls wake up now
ROBOT FOREX
  • #186,498
  • Jul 29, 2009 3:45pm Jul 29, 2009 3:45pm
ok, i will trace posts on thread from where i wasn't here, and i'll post my analysis soon
Making money not by predicting just by following ...
  • #186,499
  • Jul 29, 2009 3:52pm Jul 29, 2009 3:52pm
that's right, they sell on highs... and buy on lows... today's high sits on another volume spike.
so yes, it looks like distribution between 157.50 and 154. would they test the highs again?
but on the other hand, what if today's high is taken? it would mean this was more likely a re-accumulation and not a distribution...

Quoting malcolmb14
most of the high volume this week has been on pivot highs

there is some distribution going on in this pair right now.

Attachment
Nihil Sine Deo.
  • #186,500
  • Jul 29, 2009 4:04pm Jul 29, 2009 4:04pm
Quoting Scrat
that's right, they sell on highs... and buy on lows... today's high sits on another volume spike.
so yes, it looks like distribution between 157.50 and 154. would they test the highs again?
but on the other hand, what if today's high is taken? it would mean this was more likely a re-accumulation and not a distribution...
seems 156,.25 is key level to watch

I think s&p 1000 is bullshit ... what ever news says do the opposite and if it does happen it will will be a one day spike.
Blogging daily now at www.volume.zone
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