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

  • #201,101
  • Oct 1, 2009 9:03pm Oct 1, 2009 9:03pm
During asian session, 15M MA21 play good for add position on short
Trade with the momentum
  • #201,102
  • Oct 1, 2009 9:04pm Oct 1, 2009 9:04pm
Quoting RonPaul2008
forget the charts
sorry almost missed that one
peace and love
  • #201,103
  • Oct 1, 2009 9:05pm Oct 1, 2009 9:05pm
Quoting RonPaul2008
uhm.. this is going to 144.50 at least
shorts WILL be burned
why is that then ?
Blogging daily now at www.volume.zone
  • #201,104
  • Oct 1, 2009 9:10pm Oct 1, 2009 9:10pm
Gu broke down and tested...Kabooom GU
Attached Image (click to enlarge)
Click to Enlarge Name: 10-2-2009 5-03-59 AM.png Size: 30 KB
MY OPINION NOT FINANCIAL ADVISE
  • #201,105
  • Oct 1, 2009 9:12pm Oct 1, 2009 9:12pm
Quoting RonPaul2008
youre wrong man, its a real good trade.
hell, i got in long slightly early,at 142.53, but have no regrets, as in 48 hours we will be at least 143.70

did you even bother to look at your chart ? lol

perfect rounded top off 144.5 with target sub 140

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Blogging daily now at www.volume.zone
  • #201,106
  • Oct 1, 2009 9:14pm Oct 1, 2009 9:14pm
all the dollar pairs have been pissing me off for months. i hate them. long live geppy and euro yen!

On the serious tip, it looks like 144.50 is the line in the sand. If this thing does not reverse, we retest the latest lows
"Don't trade to trade . . . trade to win." - James16
  • #201,107
  • Oct 1, 2009 9:15pm Oct 1, 2009 9:15pm
Quoting malcolmb14
did you even bother to look at your chart ? lol

perfect rounded top off 144.5 with target sub 140

Attachment
I know that's right . . .
"Don't trade to trade . . . trade to win." - James16
  • #201,108
  • Oct 1, 2009 9:16pm Oct 1, 2009 9:16pm
Quoting RonPaul2008
youre wrong its about the fundamentals.
forget the charts
United Kingdom has the strongest economy in the world.

no offense...but what are you talking about ? r u 12 ?
Blogging daily now at www.volume.zone
  • #201,109
  • Oct 1, 2009 9:18pm Oct 1, 2009 9:18pm
Quoting RonPaul2008
youre wrong its about the fundamentals.
forget the charts
United Kingdom has the strongest economy in the world.
ok as of now I am naked trading .. no charts just press buy or sell button
Blogging daily now at www.volume.zone
  • #201,110
  • Oct 1, 2009 9:18pm Oct 1, 2009 9:18pm
Quoting RonPaul2008
uhm.. this is going to 144.50 at least
shorts WILL be burned

Before gj suppose to hit 145 before coming down but not anymore, price found resistance at 144 that is it ......price can find support or resistance any where so take what the market give u not what ur want the market to do..
GU is going down it broken down and test so patience u will see it down when europe and london open..IMO
MY OPINION NOT FINANCIAL ADVISE
  • #201,111
  • Oct 1, 2009 9:18pm Oct 1, 2009 9:18pm
Quoting darkmorg
news is just reporting numbers about events that have already happened. those who aren't aware of something will be made aware, but the result has already been priced into the market. you're looking at a quick whipsaw at best. look at your geppy daily chart, she's rolling over. now check GBP/USD 4hr - cable is like a thermometer, it's easy to read.
HA. "news is just reporting numbers about events that have already happened"
so we should disregard news events and just look at charts?
Duh! charts also, are just prices that have already happened

trading charts is fine in range bound scenarios, but with the current volatility of GJ charts are pretty meaningless.

i stand by my longs
  • #201,112
  • Oct 1, 2009 9:23pm Oct 1, 2009 9:23pm
daily chart

trade safe
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  • #201,113
  • Oct 1, 2009 9:25pm Oct 1, 2009 9:25pm
Quoting malcolmb14
no offense...but what are you talking about ? r u 12 ?
yo malcolmb, are you trying to throw down on a bucket shop just to counter trade this guy? I'll match his deposits

"you as cold as ice" - dave chappelle as rick james
peace and love
  • #201,114
  • Oct 1, 2009 9:26pm Oct 1, 2009 9:26pm
Quoting RonPaul2008
youre wrong man, its a real good trade.
hell, i got in long slightly early,at 142.53, but have no regrets, as in 48 hours we will be at least 143.70
Mate in less than 18 hours the markets will be closed! I confirmed that by checking my chart...
  • #201,115
  • Oct 1, 2009 9:26pm Oct 1, 2009 9:26pm
well we all know 142 is key ....


based on symmetry of moves .... lets assume there is another drop ... no reason there should not be unless todays 30 point drop on the s&p is just a shake out of weak longs ....

if we get symmetry of moves on daily , based on 12-3 sell formation 135 target end next week , just in time for reloading of longs for earnings season .

The trend channel that we are in could break to the down side and slope increase with a 1000 pip drop thru next week taking us to the 100 % fe level

not sure where ron gets his long scenario from unless he thinks 142 is buyers with the massive bounce of 33 pip....


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  • #201,116
  • Oct 1, 2009 9:31pm Oct 1, 2009 9:31pm
disregarding the upcoming good news, another reason I am long is because of EJ and EG...
EG is range bound and approaching resistance
while EJ is at a level of strong support (130)
  • #201,117
  • Oct 1, 2009 9:31pm Oct 1, 2009 9:31pm
hey, where did you get that test line from?

thanks

Quoting donfriday
Gu broke down and tested...Kabooom GU
  • #201,118
  • Oct 1, 2009 9:33pm Oct 1, 2009 9:33pm
Quoting RonPaul2008
HA. "news is just reporting numbers about events that have already happened"
so we should disregard news events and just look at charts?
Duh! charts also, are just prices that have already happened

trading charts is fine in range bound scenarios, but with the current volatility of GJ charts are pretty meaningless.

i stand by my longs

either you are correct or the 10 other guys who are arguing with you are correct.

I will take probability into consideration and stick with the other guys.

So SHORT on GBPJPY from 143.86
  • #201,119
  • Oct 1, 2009 9:35pm Oct 1, 2009 9:35pm
GJ price is messed up thats why it's doing ping pong...but now what do we think of this?
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #201,120
  • Oct 1, 2009 9:35pm Oct 1, 2009 9:35pm
Quoting TheFutureAce

So SHORT on GBPJPY from 143.86
nice entry
peace and love
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