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

  • #187,701
  • Aug 6, 2009 10:57am Aug 6, 2009 10:57am
Quoting ewokuk
its already done that once after the first big selloff to 160.50. i had to go get my eyes tested then lay down for a while.
yeah i know how you feel. it can drive you nuts. looks like an endless flat top at times lol.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #187,702
  • Aug 6, 2009 11:00am Aug 6, 2009 11:00am
Quoting england33
yeah i know how you feel. it can drive you nuts. looks like an endless flat top at times lol.
well monday and tuesday great, wednesday and thursday wipe out all of the first 2 days gains and then some. i cant take much more of it.
  • #187,703
  • Edited 12:52pm Aug 6, 2009 11:01am | Edited 12:52pm
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  • #187,704
  • Aug 6, 2009 11:04am Aug 6, 2009 11:04am
Quoting malcolmb14
Attachment
hey mal..u not on skpy
MY OPINION NOT FINANCIAL ADVISE
  • #187,705
  • Aug 6, 2009 11:07am Aug 6, 2009 11:07am
Attached Image
  • #187,706
  • Aug 6, 2009 11:07am Aug 6, 2009 11:07am
Quoting ewokuk
well monday and tuesday great, wednesday and thursday wipe out all of the first 2 days gains and then some. i cant take much more of it.
august is known for wiping out traders. best to double think all trades and if not sure don't trade. i know it's hard seeing all the action and hype.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #187,707
  • Aug 6, 2009 11:09am Aug 6, 2009 11:09am
Quoting donfriday
hey mal..u not on skpy
no swtiched off. .. busy traidng this crazy market . No time for skype . Now waiitng for next move up to sell ....seems gj not able to break 160 yet
Blogging daily now at www.volume.zone
  • #187,708
  • Aug 6, 2009 11:10am Aug 6, 2009 11:10am
if under 160 possible downside target = 157.81. t1 158..59 t2 157.81 (pattern projection)....
short term oversold.
medium term (hrly) slightly oversold but bearish configuration.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #187,709
  • Aug 6, 2009 11:12am Aug 6, 2009 11:12am
Quoting malcolmb14
no swtiched off. .. busy traidng this crazy market . No time for skype . Now waiitng for next move up to sell ....seems gj not able to break 160 yet
There was a nice 5 min vsa staff sell on that 160.590...I siold it but did not keep it all the way down....

And now i bought some small from 160.060 SL 159.860

My TP is 160.550
Work smart not hard
  • #187,710
  • Aug 6, 2009 11:14am Aug 6, 2009 11:14am
Quoting malcolmb14
no swtiched off. .. busy traidng this crazy market . No time for skype . Now waiitng for next move up to sell ....seems gj not able to break 160 yet

Where would be a good level to short this? I missed the initial down move. Thanks.
  • #187,711
  • Aug 6, 2009 11:18am Aug 6, 2009 11:18am
Quoting sony
There was a nice 5 min vsa staff sell on that 160.590...I sild it but did not keep it all the way down....

And now ibought some small from 160.060 SL 159.860
seems like a good place to put your stop if long..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #187,712
  • Aug 6, 2009 11:20am Aug 6, 2009 11:20am
were still in range with no sellers at bottom, back up to 162.5
  • #187,713
  • Aug 6, 2009 11:22am Aug 6, 2009 11:22am
Quoting sony
There was a nice 5 min vsa staff sell on that 160.590...I siold it but did not keep it all the way down....

And now i bought some small from 160.060 SL 159.860

My TP is 160.550
exactly the same here, SL at 159.90

edit, no, SL at BE now
  • #187,714
  • Aug 6, 2009 11:25am Aug 6, 2009 11:25am
Quoting england33
if under 160 possible downside target = 157.81. t1 158..59 t2 157.81 (pattern projection)....
short term oversold.
medium term (hrly) slightly oversold but bearish configuration.

seems that 160 support for now , however i have odd feeling nikkie isgoing to drop today based on yesterdays set up and with weak GU may take us down sub 160.

last short 160.50

here is chart showing high vol pivots last 20 days ( these act as s/r lines)

Attached Image (click to enlarge)
Click to Enlarge Name: ym603.png Size: 127 KB
Blogging daily now at www.volume.zone
  • #187,715
  • Aug 6, 2009 11:25am Aug 6, 2009 11:25am
Quoting malcolmb14
no swtiched off. .. busy traidng this crazy market . No time for skype . Now waiitng for next move up to sell ....seems gj not able to break 160 yet


cant trade today after closing my long before the us market open...not feeling well ..pray for me ..today was cook but cant do anything.
MY OPINION NOT FINANCIAL ADVISE
  • #187,716
  • Aug 6, 2009 11:25am Aug 6, 2009 11:25am
Quoting cullian
were still in range with no sellers at bottom, back up to 162.5
yeah right. if it gets there before going under 160 you get a vouch from me.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #187,717
  • Aug 6, 2009 11:27am Aug 6, 2009 11:27am
Quoting malcolmb14
seems that 160 support for now , however i have odd feeling nikkie isgoing to drop today based on yesterdays set up and with weak GU may take us down sub 160.

last short 160.50

here is chart showing high vol pivots last 20 days ( these act as s/r lines)

Attachment
160 is/was definitely minor support.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #187,718
  • Aug 6, 2009 11:27am Aug 6, 2009 11:27am
Quoting england33
yeah right. if it gets there before going under 160 you get a vouch from me.
all i need are green pips
  • #187,719
  • Aug 6, 2009 11:28am Aug 6, 2009 11:28am
Quoting ewokuk
exactly the same here, SL at 159.90

edit, no, SL at BE now
I moved SL 160.280..not smart but when i am chiken
Work smart not hard
  • #187,720
  • Aug 6, 2009 11:30am Aug 6, 2009 11:30am
Quoting sony
I moved SL 160.280..not smart but when i am chiken
how much were you gonna risk when you started the trade and whats changed since then
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