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

  • #205,301
  • Oct 22, 2009 7:47am Oct 22, 2009 7:47am
volume start getting high...next candle will see movement?
  • #205,302
  • Oct 22, 2009 7:50am Oct 22, 2009 7:50am
Quoting special0nefx
volume start getting high...next candle will see movement?
To the south i hope!
COT: The precious data ignored
  • #205,303
  • Oct 22, 2009 7:51am Oct 22, 2009 7:51am
Quoting kuroro001
To the south i hope!
me too. should retrace b4 break up top
  • #205,304
  • Oct 22, 2009 7:56am Oct 22, 2009 7:56am
I think it's a waste of time to wait for this move.. 4hr shows exhaustion and GU 1hr seems to be forming bear flag.. EU & AU.. every recovery has been sold into.. UJ 4hr is indecision..

I think GJ won't go anywhere.. perhaps for this whole session..
  • #205,305
  • Oct 22, 2009 8:04am Oct 22, 2009 8:04am
Quoting A-speculator
I think it's a waste of time to wait for this move.. 4hr shows exhaustion and GU 1hr seems to be forming bear flag.. EU & AU.. every recovery has been sold into.. UJ 4hr is indecision..

I think GJ won't go anywhere.. perhaps for this whole session..
ya GU bear flag, GJ 1hr bull... scary
  • #205,306
  • Oct 22, 2009 8:07am Oct 22, 2009 8:07am
Quoting A-speculator
I think it's a waste of time to wait for this move.. 4hr shows exhaustion and GU 1hr seems to be forming bear flag.. EU & AU.. every recovery has been sold into.. UJ 4hr is indecision..

I think GJ won't go anywhere.. perhaps for this whole session..
Don't tell me we'll have a boring session!
UJ leads the way...it pushing EJ and GJ up....and the dollar is strenghtening so EU and GU down...weird session
COT: The precious data ignored
  • #205,307
  • Oct 22, 2009 8:18am Oct 22, 2009 8:18am
Quoting kuroro001
Don't tell me we'll have a boring session!
UJ leads the way...it pushing EJ and GJ up....and the dollar is strenghtening so EU and GU down...weird session
totally weird
  • #205,308
  • Oct 22, 2009 8:22am Oct 22, 2009 8:22am
my heart stop bleeding for awhile. re considering to re-marry GJ
  • #205,309
  • Oct 22, 2009 8:23am Oct 22, 2009 8:23am
Quoting A-speculator
I think it's a waste of time to wait for this move.. 4hr shows exhaustion and GU 1hr seems to be forming bear flag.. EU & AU.. every recovery has been sold into.. UJ 4hr is indecision..

I think GJ won't go anywhere.. perhaps for this whole session..

hmmm gj is a slow killer..still waiting if we gonna make new high today ...we could range to get daily close on doji..maybe
MY OPINION NOT FINANCIAL ADVISE
  • #205,310
  • Oct 22, 2009 8:28am Oct 22, 2009 8:28am
almost fall asleep hahahah
  • #205,311
  • Oct 22, 2009 8:29am Oct 22, 2009 8:29am
I'll short it if it goes towards 151.70-80... for a tp around 149.60-70
COT: The precious data ignored
  • #205,312
  • Oct 22, 2009 8:30am Oct 22, 2009 8:30am
bull is half dead
  • #205,313
  • Oct 22, 2009 8:32am Oct 22, 2009 8:32am
Quoting ewokuk
found them today, fits my needs nicely
I have got it. Many thanks for sharring.
  • #205,314
  • Oct 22, 2009 8:32am Oct 22, 2009 8:32am
Quoting kuroro001
I'll short it if it goes towards 151.70-80... for a tp around 149.60-70
care bro maybe can retest 152 again. since this candle motive up
  • #205,315
  • Oct 22, 2009 8:36am Oct 22, 2009 8:36am
dont think anythings going to stop this going up and up and up and up, just like stocks have been for months. its just gone straight past a ton of resistance round 151.50 like a freight train and smashed through all the sell orders and still going.

UK GDP tomorrow expected to show uk out of recession (kinda BS since everthing was SO bad this time last year it would be damn hard not to be at least slightly better now Y/Y), if that is the case then we may hit 155 tomorrow.

ive decided against trying to short it for now after seeing this. Also USD expected to get some strength, that takes usdjpy up, which takes gbpjpy up even if it pushes gbpusd down.
  • #205,316
  • Oct 22, 2009 8:40am Oct 22, 2009 8:40am
Quoting ewokuk
dont think anythings going to stop this going up and up and up and up, just like stocks have been for months....
but for my view, it should retrace down only it can going up more to 155. If not 153 is the highest point without retrace down to 149.50
  • #205,317
  • Oct 22, 2009 8:44am Oct 22, 2009 8:44am
Quoting special0nefx
but for my view, it should retrace down only it can going up more to 155. If not 153 is the highest point without retrace down to 149.50
thats what people said before when we were bouncing around at 148. ill look at shorting when theres a reason to, until then its time to find a long opportunity, trend is up on 5min, 15min, 30min, 1h, 4h, daily, weekly, no reason to look for shorts.

i put the 100 day MA at 152 which might provide some temporary resistance along with the fact it stopped there earlier.
  • #205,318
  • Oct 22, 2009 8:44am Oct 22, 2009 8:44am
Quoting ewokuk
dont think anythings going to stop this going up and up and up and up, just like stocks have been for months....
sounds like frustration.. i do agree with your view.. let's see how today's daily close.. it not normal for gj to move in this tight range.. I still think the pullback is due.. but if we managed to break today's high.. my assumption will be invalid..
  • #205,319
  • Oct 22, 2009 8:48am Oct 22, 2009 8:48am
Quoting special0nefx
care bro maybe can retest 152 again. since this candle motive up
Yeh u are right....i'll check the 30mn close before shorting
COT: The precious data ignored
  • #205,320
  • Oct 22, 2009 8:49am Oct 22, 2009 8:49am
Quoting A-speculator
sounds like frustration.. i do agree with your view.. let's see how today's daily close..
i am frustrated, we've moved up 1300 pips from 139 and im yet to get myself into a long position! was caught short in the firts huge jump which wiped me out, then anticipating the required pullback that has not materialised.

gdp tomorrow morning might provide some clearer momentum one way or the other.
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