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

  • #191,061
  • Aug 24, 2009 9:41am Aug 24, 2009 9:41am
great now both FXCM and FXSOL not working with me i can't connect it keep saying connecting but with no luck

what a bad timing

any body facing any problem ?
  • #191,062
  • Aug 24, 2009 9:41am Aug 24, 2009 9:41am
Not time yet to get over excited about the bear story.
AY hasn't dropped off as much as GY and ES is still pretty strong.

ES needs to crash a bit before GY longs are totally off the table. Flat at the moment, but am more inclined to look for a long.
  • #191,063
  • Aug 24, 2009 9:44am Aug 24, 2009 9:44am
Quoting msniper
great now both FXCM and FXSOL not working with me i can't connect it keep saying connecting but with no luck

what a bad timing

any body facing any problem ?
ok now i can connect again but prices feed is slow damn theifs
  • #191,064
  • Aug 24, 2009 9:45am Aug 24, 2009 9:45am
now the scary levels are between 154.83 to 155.25

i think buyers located in this area
  • #191,065
  • Aug 24, 2009 9:45am Aug 24, 2009 9:45am
Quoting ukdaytrader
Not time yet to get over excited about the bear story.
AY hasn't dropped off as much as GY and ES is still pretty strong.

ES needs to crash a bit before GY longs are totally off the table. Flat at the moment, but am more inclined to look for a long.
looking for the same.. let me know after you do what your in at..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #191,066
  • Aug 24, 2009 9:47am Aug 24, 2009 9:47am
Quoting england33
looking for the same.. let me know after you do what your in at..
If ES climbs to today's high, I will long a small position.
  • #191,067
  • Aug 24, 2009 9:52am Aug 24, 2009 9:52am
Quoting PandoraBox
Summer time bro...Vacation ...
Last week of August is the peak. It should start picking up again next week.
  • #191,068
  • Aug 24, 2009 9:55am Aug 24, 2009 9:55am
alright guys i closed my short at 155.60 which is 80+ pips

the reasons i need to go have Eftaar in 10mins since am fasting

second i see a bullish flag forming at the moment

i will wait for it to go between 154.83 to 155.25 and go long then target 160 at least

good luck every body
Attached Image (click to enlarge)
Click to Enlarge Name: bullish flag.png Size: 40 KB
  • #191,069
  • Aug 24, 2009 10:01am Aug 24, 2009 10:01am
Quoting msniper
alright guys i closed my short at 155.60 which is 80+ pips

the reasons i need to go have Eftaar in 10mins since am fasting

second i see a bullish flag forming at the moment

i will wait for it to go between 154.83 to 155.25 and go long then target 160 at least

good luck every body
From what I see, we won't go that far. In this business, market tend to change like every second. Last week, I admit saying that it will go that far, but from price action today, I don't think we will go further up. The only thing that I see fit for this kind of PA along with 3 other pairs that move alongside with GJ is down. Maybe I'm wrong, but I think what Malc said last week might come true.. Just wanna add something, the pattern that you think a forming bull flag, to me it is double top. Just a thought..
  • #191,070
  • Aug 24, 2009 10:02am Aug 24, 2009 10:02am
Quoting ukdaytrader
If ES climbs to today's high, I will long a small position.
i went long and closed already.. not feeling like it will go too high here. will look again lower. price action feels weak to the upside. it could go up though.. 4pips lol. . steal some pips from those scared bears.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #191,071
  • Aug 24, 2009 10:05am Aug 24, 2009 10:05am
160 here we go......


Quoting msniper
alright guys i closed my short at 155.60 which is 80+ pips

the reasons i need to go have Eftaar in 10mins since am fasting

second i see a bullish flag forming at the moment

i will wait for it to go between 154.83 to 155.25 and go long then target 160 at least

good luck every body
  • #191,072
  • Aug 24, 2009 10:13am Aug 24, 2009 10:13am
dow is through short term resistance setting new high.. gj disconnected atm.. still is exciting as hell to watch these markets moving..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #191,073
  • Aug 24, 2009 10:20am Aug 24, 2009 10:20am
im not sayin itl deff come down, but dow is seriously overbought on every timeframe with some divergence showing up

this upmove has seriously killed it so i expect just a matter of days before we return back to 9100-9200 or somewhere over there
  • #191,074
  • Aug 24, 2009 10:20am Aug 24, 2009 10:20am
i'll stay out for awhile. the upside looks limited.. high risk.. bears are scared but no bulls show.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #191,075
  • Aug 24, 2009 10:21am Aug 24, 2009 10:21am
hmm with the current momentum in the market anything can happen..
MY OPINION NOT FINANCIAL ADVISE
  • #191,076
  • Aug 24, 2009 10:23am Aug 24, 2009 10:23am
Quoting donfriday
hmm with the current momentum in the market anything can happen..
true..
  • #191,077
  • Aug 24, 2009 10:23am Aug 24, 2009 10:23am
Quoting boxingislife
im not sayin itl deff come down, but dow is seriously overbought on every timeframe with some divergence showing up

this upmove has seriously killed it so i expect just a matter of days before we return back to 9100-9200 or somewhere over there
yes but on the same token there isn't much near term resistance to challenge. you have to look a ways back to find it. so these are somewhat fresh highs. if you look back you'll see lots of support..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #191,078
  • Aug 24, 2009 10:25am Aug 24, 2009 10:25am
well anything can happen but obviously the momentum is down at the moment. were making new lows by the second. new lows intraday that is

probably 154.50s-60s if we get there and by the looks of it its not that far.
  • #191,079
  • Aug 24, 2009 10:29am Aug 24, 2009 10:29am
Quoting england33
yes but on the same token there isn't much near term resistance to challenge. you have to look a ways back to find it. so these are somewhat fresh highs. if you look back you'll see lots of support..
very true
if we end up reaching some of the strong support below i would seriously doubt we make any new breaks. its just momentum is lookin good for the move down to continue and thats about the only tradable thing in this market at the moment.

last week of august in my opinion is the peak of dead markets
  • #191,080
  • Aug 24, 2009 10:35am Aug 24, 2009 10:35am
closed half my pos @ 155.15.. looking to add more short if price at around 156
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