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

  • #187,701
  • Aug 6, 2009 12:57pm Aug 6, 2009 12:57pm
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 1:00pm Aug 6, 2009 1:00pm
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 2:52pm Aug 6, 2009 1:01pm | Edited 2:52pm
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  • #187,704
  • Aug 6, 2009 1:04pm Aug 6, 2009 1:04pm
Quoting malcolmb14
Attachment
hey mal..u not on skpy
MY OPINION NOT FINANCIAL ADVISE
  • #187,705
  • Aug 6, 2009 1:07pm Aug 6, 2009 1:07pm
Attached Image
  • #187,706
  • Aug 6, 2009 1:07pm Aug 6, 2009 1:07pm
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 1:09pm Aug 6, 2009 1:09pm
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 1:10pm Aug 6, 2009 1:10pm
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 1:12pm Aug 6, 2009 1:12pm
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 1:14pm Aug 6, 2009 1:14pm
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 1:18pm Aug 6, 2009 1:18pm
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 1:20pm Aug 6, 2009 1:20pm
were still in range with no sellers at bottom, back up to 162.5
  • #187,713
  • Aug 6, 2009 1:22pm Aug 6, 2009 1:22pm
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 1:25pm Aug 6, 2009 1:25pm
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 1:25pm Aug 6, 2009 1:25pm
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 1:25pm Aug 6, 2009 1:25pm
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 1:27pm Aug 6, 2009 1:27pm
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 1:27pm Aug 6, 2009 1:27pm
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 1:28pm Aug 6, 2009 1:28pm
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 1:30pm Aug 6, 2009 1:30pm
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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