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

  • #209,901
  • Dec 8, 2009 12:34am Dec 8, 2009 12:34am
I want this to drop another 50 pips then stall like it is now. At least that way I will be in a nice profit, then come news time I can put a tight stop on it and see what happens
  • #209,902
  • Dec 8, 2009 12:36am Dec 8, 2009 12:36am
LTL will be the major support.
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  • #209,903
  • Dec 8, 2009 12:38am Dec 8, 2009 12:38am
Quoting PandoraBox
LTL will be the major support.

If I can take this down to 143.50 I will be veryyyy happy with that.
  • #209,904
  • Dec 8, 2009 12:47am Dec 8, 2009 12:47am
Took another short at 146.22

Quoting Scrmnegl
lookin good
  • #209,905
  • Dec 8, 2009 12:57am Dec 8, 2009 12:57am
Once Europe starts waking up they are going to see all the positive stuff JPY did in the past few hours and sell off against the gdp. that's my opinion though.
  • #209,906
  • Dec 8, 2009 1:14am Dec 8, 2009 1:14am
Based on H4 TF, UJ and GJ will going down and EU will up.
  • #209,907
  • Dec 8, 2009 1:16am Dec 8, 2009 1:16am
watching this fibo levels with caution:nerd:
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MY OPINION NOT FINANCIAL ADVISE
  • #209,908
  • Dec 8, 2009 1:17am Dec 8, 2009 1:17am
It needs to knock out 145.50 to have a solid chance at any further downside movement. If it can just hover at 50 until england opens we should be good to go.
  • #209,909
  • Dec 8, 2009 1:18am Dec 8, 2009 1:18am
Quoting donfriday
watching this fibo levels with caution:nerd:
I am too. Definitely the same thing I'm watching.
  • #209,910
  • Dec 8, 2009 1:20am Dec 8, 2009 1:20am
Quoting donfriday
watching this fibo levels with caution:nerd:

Yup, possibility GJ might bounce from here (142 area) and UJ might bounce at 88.20.

All depend on the support.
  • #209,911
  • Dec 8, 2009 1:24am Dec 8, 2009 1:24am
Quoting PandoraBox
Yup, possibility GJ might bounce from here (142 area) and UJ might bounce at 88.20.

All depend on the support.

what is your monthly GJ showing bro?
MY OPINION NOT FINANCIAL ADVISE
  • #209,912
  • Dec 8, 2009 1:24am Dec 8, 2009 1:24am
Here is the critical test of 145.50....
  • #209,913
  • Dec 8, 2009 1:35am Dec 8, 2009 1:35am
Quoting donfriday
what is your monthly GJ showing bro?
General overview Monthly try to change from bearish to bullish.

But better trade using weekly and daily. Weekly can give around 2000 ~ 3000 pips and daily can give around 1200 ~ 800 pips.
  • #209,914
  • Dec 8, 2009 1:43am Dec 8, 2009 1:43am
lets see 145.00 until the news hits...
  • #209,915
  • Dec 8, 2009 1:46am Dec 8, 2009 1:46am
Quoting PandoraBox
General overview Monthly try to change from bearish to bullish.

But better trade using weekly and daily. Weekly can give around 2000 ~ 3000 pips and daily can give around 1200 ~ 800 pips.

thnx bro...
MY OPINION NOT FINANCIAL ADVISE
  • #209,916
  • Dec 8, 2009 1:49am Dec 8, 2009 1:49am
Good analysis...

Quoting Raza
Done.... We have Bullish Divergence on 15M..1 hr..
Looking at 145.84...145.38...to long...if there..

50% of 141- 149...is at 145.05..
  • #209,917
  • Dec 8, 2009 1:56am Dec 8, 2009 1:56am
Congrads Scrmnegl on your short... I was able to capture a 100 pips on my first short and shortly another 100 pips on my 2nd short.

Quoting Scrmnegl
I'm in this at 146.16 short
  • #209,918
  • Dec 8, 2009 1:57am Dec 8, 2009 1:57am
Quoting dreed
Congrads Scrmnegl on your short... I was able to capture a 100 pips on my first short and shortly another 100 pips on my 2nd short.

Good Work Dreed. I'm stickin in this still. I want it down to at least 144.00 if I can. If just keeps dropping off and as Europe is all getting involved it keeps going.
  • #209,919
  • Dec 8, 2009 2:02am Dec 8, 2009 2:02am
Scrmnegl, that was my original thought seeing the 144 level during the london Session possibly.... and if the news is bad, maybe further.


Quoting dreed
I am also short, my entry 146.41...If the news in a few hours for GBP, is bad ,then we may see 144 area during the london session.
  • #209,920
  • Dec 8, 2009 2:04am Dec 8, 2009 2:04am
Quoting dreed
Scrmnegl, that was my original thought seeing the 144 level during the london Session possibly.... and if the news is bad, maybe further.

I just can't force myself to close this out yet because my charts are saying there is further movement after we see a little retrace here.
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