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

  • #201,741
  • Oct 6, 2009 3:06am Oct 6, 2009 3:06am
Quoting donfriday
welcome back bro....miss ya so much
thanks man
  • #201,742
  • Edited 3:23am Oct 6, 2009 3:13am | Edited 3:23am
Call me a pessimist, but the up move looks very unconvincing; the stepbacks are large for even GU. I'm worried a bull trap is in play.
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-10-06_041021unconvincing.jpeg Size: 128 KB

EDIT: And I see GY's retraced 60 pips in <5 min. Very, very strange and unconvincing.
  • #201,743
  • Oct 6, 2009 3:28am Oct 6, 2009 3:28am
Bull trap? Today market is so dangerous.
Read the entire market, money is made on the main trend not the fluctuation
  • #201,744
  • Oct 6, 2009 3:34am Oct 6, 2009 3:34am
I have to Kaapush you off the FF board..

Where you been bro?




Quoting msniper
thanks man
[
  • #201,745
  • Oct 6, 2009 3:34am Oct 6, 2009 3:34am
Quoting Kofmaster
Bull trap? Today market is so dangerous.
Is it a bull trap or a bear trap?
  • #201,746
  • Oct 6, 2009 3:36am Oct 6, 2009 3:36am
any body long on gj? what's your rational? what cosed this down move? i got the pips but not sure i expected such quick close
  • #201,747
  • Oct 6, 2009 3:38am Oct 6, 2009 3:38am
Quoting Beljevina
Call me a pessimist, but the up move looks very unconvincing; the stepbacks are large for even GU. I'm worried a bull trap is in play. EDIT: And I see GY's retraced 60 pips in <5 min. Very, very strange and unconvincing.
I must learn to use my better judgement and act on what I suspect. My homework is to write that out 50 times and take my $$$ before my SL gives them to someone else, who BTW clearly knew what the news was going to be.
  • #201,748
  • Oct 6, 2009 3:38am Oct 6, 2009 3:38am
WTF happened for GU

Quoting Agaba130
any body long on gj? what's your rational? what cosed this down move? i got the pips but not sure i expected such quick close
  • #201,749
  • Oct 6, 2009 3:38am Oct 6, 2009 3:38am
This move must have shaken out alot of stoploss

Is everyone ok ?
Read the entire market, money is made on the main trend not the fluctuation
  • #201,750
  • Oct 6, 2009 3:39am Oct 6, 2009 3:39am
Quoting pino2
Is it a bull trap or a bear trap?
Bull, I'm still shorting, despite the 100 spike up
Read the entire market, money is made on the main trend not the fluctuation
  • #201,751
  • Oct 6, 2009 3:41am Oct 6, 2009 3:41am
Leaky leaky news anyone?

Terrible UK news priced-in 30 minutes before the event.
  • #201,752
  • Oct 6, 2009 3:41am Oct 6, 2009 3:41am
Quoting Agaba130
any body long on gj? what's your rational? what cosed this down move? i got the pips but not sure i expected such quick close
very bad uk production
COT: The precious data ignored
  • #201,753
  • Oct 6, 2009 3:42am Oct 6, 2009 3:42am
Quoting ukdaytrader
Leaky leaky news anyone?

Terrible UK news priced-in 30 minutes before the event.
nope....the news is out @ 10:30 as expected
COT: The precious data ignored
  • #201,754
  • Oct 6, 2009 3:42am Oct 6, 2009 3:42am
KABOOMMMMMMMM...this is it (MJ)
  • #201,755
  • Oct 6, 2009 3:42am Oct 6, 2009 3:42am
Quoting rgitt05
I have to Kaapush you off the FF board..

Where you been bro?

hehe nice to see u again man

well i was busy with my new job and didn't have the time to come to FF so am gonna come here from time to time depend on free time
  • #201,756
  • Oct 6, 2009 3:42am Oct 6, 2009 3:42am
Woah !!! what was that (GBP/JPY) all abt... need to be a more careful nexttime...
  • #201,757
  • Oct 6, 2009 3:44am Oct 6, 2009 3:44am
It's so tempting to go long after this down move!
COT: The precious data ignored
  • #201,758
  • Oct 6, 2009 3:45am Oct 6, 2009 3:45am
One step at a time

Good Luck Bulls

135.00 is getting closer

Trend is your friend

Attached Image(s) (click to enlarge)
Click to Enlarge Name: weeklygjh.gif Size: 32 KB
Click to Enlarge Name: weekly gj.gif Size: 31 KB
[
  • #201,759
  • Oct 6, 2009 3:46am Oct 6, 2009 3:46am
Despite this BS news, we have higher low nad higher high on Daily GU. Should we stick to longsÉ
  • #201,760
  • Oct 6, 2009 3:47am Oct 6, 2009 3:47am
Quoting msniper
hehe nice to see u again man

well i was busy with my new job and didn't have the time to come to FF so am gonna come here from time to time depend on free time
good to see you sniper...

I was long on cable since 5961 Guess what got put ma stop to be and I got take out lol.....anyways hows it going ?

GeppyG
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