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

  • #205,501
  • Oct 23, 2009 4:18am Oct 23, 2009 4:18am
Quoting Islander
then may I suggest that you refrain from making inane, inappropriate comments just before a major news release - some may be misslead....
I did say only bad news can turn the price around bro..
  • #205,502
  • Oct 23, 2009 4:20am Oct 23, 2009 4:20am
Quoting grashid
sometime u should be realistic and think out of box...

Good luck mate
I'm not news trader bro.. I'm just being technical.. somehow I think the price slowed down.. but i will position long if I see some momentum to the upside
  • #205,503
  • Oct 23, 2009 4:24am Oct 23, 2009 4:24am
right now i think the priceis testing 150.70.. if we get a breach.. 149.40 - 150 is on the cards..
  • #205,504
  • Oct 23, 2009 4:28am Oct 23, 2009 4:28am
Quoting Eulogy
i'm cautioning everyone be careful here. Games are being played here as in about 4.5 hours time there's gonna be a huge wild card being played. If the GDP figure comes out positive then we'll have some justification for the recent surge in the GBP. If it comes out slightly negative do not be surprised that the GBP takes a quick tumble. If it comes out below the previous -0.6% then expect Cable to take a massive hit possibly all the way back down below 1.58 before the close of the week.

Great Piece of Advice Eulogy - both Cable and GBP/JPY sank at a fast rate of knots when UK GDP was announced as being sicker than a sick thing!
  • #205,505
  • Oct 23, 2009 4:28am Oct 23, 2009 4:28am
sitting right on 150.50 area but no sign of any buyers? looks like just sellers taking a rest for a while
  • #205,506
  • Oct 23, 2009 4:29am Oct 23, 2009 4:29am
Quoting A-speculator
I'm not news trader bro.. I'm just being technical.. somehow I think the price slowed down.. but i will position long if I see some momentum to the upside
http://www.forexfactory.com/showpost...stcount=205462

http://www.forexfactory.com/showpost...stcount=205480

what technical u r talking about...
nah same blank chart am posting b4 news...

make it simple bro....
Attached Image (click to enlarge)
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  • #205,507
  • Oct 23, 2009 4:34am Oct 23, 2009 4:34am
Quoting A-speculator
right now i think the priceis testing 150.70.. if we get a breach.. 149.40 - 150 is on the cards..

http://www.forexfactory.com/showpost...stcount=205480

...another assumption ..

Ok guys..its time to me to going off from having some fun just now...

See all of you next week...

Happy weekend and good luck in ur trade...cheers
  • #205,508
  • Oct 23, 2009 4:34am Oct 23, 2009 4:34am
Quoting grashid
http://www.forexfactory.com/showpost...stcount=205462

http://www.forexfactory.com/showpost...stcount=205480

what technical u r talking about...
nah same blank chart am posting b4 news...

make it simple bro....
i did said that we are approaching cluster resistance and advice to not take any position on both sides. However if that cluster resistance breaks, we might get significant move to the upside and I said that if there is a retracement, might long during the rebound but if break, reenter after the breakout pullback..
  • #205,509
  • Oct 23, 2009 4:35am Oct 23, 2009 4:35am
Quoting Eulogy
well i did warn everybody over 4 hours beforehand. Just hope you took your longs off the table before this shit hit the fan. Now all we need is home sales under 5M and we're back again talking deflation/more QE again.
  • #205,510
  • Oct 23, 2009 4:39am Oct 23, 2009 4:39am
Quoting A-speculator
i did said that we are approaching cluster resistance and advice to not take any position on both sides. However if that cluster resistance breaks, we might get significant move to the upside and I said that if there is a retracement, might long during the rebound but if break, reenter after the breakout pullback..
tell me where is the retracement from daily (in red box) from this chart...

am waiting ur reply before am going off..
Attached Image (click to enlarge)
Click to Enlarge Name: 12.JPG Size: 93 KB
  • #205,511
  • Oct 23, 2009 4:40am Oct 23, 2009 4:40am
wondering until where the dragon goes?
  • #205,512
  • Oct 23, 2009 4:41am Oct 23, 2009 4:41am
Quoting grashid
tell me where is the retracement from daily (in red box) from this chart...

am waiting ur reply before am going off..
currently is the retracement.. perhaps a retest to 149.40..
  • #205,513
  • Oct 23, 2009 4:43am Oct 23, 2009 4:43am
Quoting grashid
tell me where is the retracement from daily (in red box) from this chart...

am waiting ur reply before am going off..
owh well, now grashid is showing he is a better technical trader than A-speculator................................ ........................ owh well, well, well................. ................
  • #205,514
  • Oct 23, 2009 4:45am Oct 23, 2009 4:45am
Quoting Johor JCS
owh well, now grashid is showing he is a better technical trader than A-speculator................................ ........................ owh well, well, well................. ................
Umm If that is sarcasm......which I hope not.....

Grashid is a very good swing trader ....and I would say that cos he explains every single trade with a chart and a decent enough explanation.

Not go long now...no but I am short ...but will go long now etc bs
Let Price determine your future!
  • #205,515
  • Oct 23, 2009 4:45am Oct 23, 2009 4:45am
Quoting A-speculator
currently is the retracement.. perhaps a retest to 149.40..
which it will probably hit in the next hour or 2; daily S3=149.45
  • #205,516
  • Oct 23, 2009 4:46am Oct 23, 2009 4:46am
Quoting A-speculator
i did said that we are approaching cluster resistance and advice to not take any position on both sides. However if that cluster resistance breaks, we might get significant move to the upside and I said that if there is a retracement, might long during the rebound but if break, reenter after the breakout pullback..
just ignore the technical-wise-trader mr A...
  • #205,517
  • Oct 23, 2009 4:48am Oct 23, 2009 4:48am
Quoting Johor JCS
just ignore the technical-wise-trader mr A...
no problem mate.. we are here to discuss.. no hard feelings..
  • #205,518
  • Oct 23, 2009 4:48am Oct 23, 2009 4:48am
Quoting Johor JCS
just ignore the technical-wise-trader mr A...

i do not agree ..technical is more accurate for most of us...if u dont do technical u better do it..
MY OPINION NOT FINANCIAL ADVISE
  • #205,519
  • Oct 23, 2009 4:50am Oct 23, 2009 4:50am
Quoting travpip
which it will probably hit in the next hour or 2; daily S3=149.45
But make sure you enter the trade after you see consolidation period and enough momentum to the upside in the higher TF.. After all, I think maybe it won't be today.. let the influence of the news finish first, imo..
  • #205,520
  • Oct 23, 2009 4:52am Oct 23, 2009 4:52am
Quoting A-speculator
currently is the retracement.. perhaps a retest to 149.40..


go n take a look this post back...n would be good if u can consider this chart for ur next week & next month trading...

http://www.forexfactory.com/showpost...stcount=205480



Good luck
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