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

  • #211,901
  • Jan 14, 2010 2:09am Jan 14, 2010 2:09am
Quoting hindart
Stopped out?
I am still holding my sort from 149.45.
Last two candles on 1H suggesting, its going up, but I will wait with my sorts till this 4H candle closes. I still feel its going to fall as indicators are not moving with PA?? I see bearish divergence on 30M,15M,10M.
Any comments most welcome!
  • #211,902
  • Jan 14, 2010 2:14am Jan 14, 2010 2:14am
its time to sell the geppy.. ill take a break at 147.30 ,and load some of ,,end re enter later again,,
  • #211,903
  • Jan 14, 2010 2:16am Jan 14, 2010 2:16am
Quoting Gucc
ok my limit on gj is at 136 ..eur/jpy still undecided,,probabby 120'ish ,,cad/jpy ..open limit ,,will trail it ..
Sorry ... couldn't help myself - and for the clarity of less experienced readers. I knew reason was behind the thought!
  • #211,904
  • Jan 14, 2010 2:18am Jan 14, 2010 2:18am
Quoting Gucc
its time to sell the geppy.. ill take a break at 147.30 ,and load some of ,,end re enter later again,,

and if the gj is going to 153 and above,,he still has to go to 147.30 before any breakout to the north or south.. but for now,,im going to 147.30 'ish
  • #211,905
  • Jan 14, 2010 2:19am Jan 14, 2010 2:19am
Quoting Beljevina
Sorry ... couldn't help myself - and for the clarity of less experienced readers. I knew reason was behind the thought!

ill decide at 147.30 wheres next..
  • #211,906
  • Jan 14, 2010 2:21am Jan 14, 2010 2:21am
Quoting Gucc
its time to sell the geppy.. ill take a break at 147.30 ,and load some of ,,end re enter later again,,
i am sure u know ur way to the bank if u need to fund ur acc wait for confirmation ....
MY OPINION NOT FINANCIAL ADVISE
  • #211,907
  • Jan 14, 2010 2:24am Jan 14, 2010 2:24am
Quoting Gucc
and if the gj is going to 153 and above,,he still has to go to 147.30 before any breakout to the north or south.. but for now,,im going to 147.30 'ish
Not sure why this is true considering we've already seen a substantial shakeout of longs and re-buying at lower levels. The climb back up was not as rapid as the fall either which tells me supply was coming into the market and being bought.

My best guess is we consolidate here for the break above 150 during US session.
  • #211,908
  • Jan 14, 2010 2:24am Jan 14, 2010 2:24am
Quoting hindart
Stopped out?
I am still holding my sort from 149.45.
Hell no long @ 148.65, had a SL on my long @ 148.5 and now its trailing price upwards....
Don't be a hero. Don't have an ego. Always question yourself
  • #211,909
  • Jan 14, 2010 2:24am Jan 14, 2010 2:24am
Quoting Gucc
its time to sell the geppy.. ill take a break at 147.30 ,and load some of ,,end re enter later again,,
Perhaps, but ... UJ is rising, and GJ tends to go along for that ride. Looks like decent buying interest on GJ, and to sync up with this particular theory GU is heading down. I'm guessing 150.3/5 as a possible top here. Frankly, I wish the PA was of the more hectic type ... this is a bit like watching paint dry.
  • #211,910
  • Jan 14, 2010 2:25am Jan 14, 2010 2:25am
Quoting Beljevina
Perhaps, but ... UJ is rising, and GJ tends to go along for that ride. Looks like decent buying interest on GJ, and to sync up with this particular theory GU is heading down. I'm guessing 150.3/5 as a possible top here. Frankly, I wish the PA was of the more hectic type ... this is a bit like watching paint dry.

I'm looking at strength in the dollar tonight. The gbp seems to be just going with whatever is happening.
  • #211,911
  • Jan 14, 2010 2:29am Jan 14, 2010 2:29am
Quoting Beljevina
Perhaps, but ... UJ is rising, and GJ tends to go along for that ride. Looks like decent buying interest on GJ, and to sync up with this particular theory GU is heading down. I'm guessing 150.3/5 as a possible top here. Frankly, I wish the PA was of the more hectic type ... this is a bit like watching paint dry.

i can see we are at the top,,if not,,then my top max is at 150.12... stop above 150.77,, ill probably exit at 147.30 ,and take a long there ,,and see where is the breakout.. the book say will will break out north to 153 and above,,after we reach 147.30..
  • #211,912
  • Jan 14, 2010 2:34am Jan 14, 2010 2:34am
I find the current M5 candle formation after reaching the last high, really difficult to trade and predict - one minute I'm thinking it's topped, the next I'm expecting another challenge upwards. Missed a long entry at the most recent bottom. Still looking.
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  • #211,913
  • Jan 14, 2010 2:37am Jan 14, 2010 2:37am
I'm really astonished, how many moves people can predict at one time, I'll just be glad the next move is with me.....
Don't be a hero. Don't have an ego. Always question yourself
  • #211,914
  • Jan 14, 2010 2:40am Jan 14, 2010 2:40am
zzz can't reach the price and trend got changing...surely follow the trend one.
Quoting Gucc
you change every 24hours from extremely bearish to extreme bullish ?? ..
  • #211,915
  • Jan 14, 2010 2:43am Jan 14, 2010 2:43am
Quoting USD-Bear
I'm really astonished, how many moves people can predict at one time, I'll just be glad the next move is with me.....

lol
  • #211,916
  • Jan 14, 2010 2:44am Jan 14, 2010 2:44am
Quoting USD-Bear
I'm really astonished, how many moves people can predict at one time, I'll just be glad the next move is with me.....

its not a prediction ,its how to patterns work in PA ..it should fall of a cliff very soon ..

{i hope so}
  • #211,917
  • Jan 14, 2010 2:49am Jan 14, 2010 2:49am
time to add more shorts ..
  • #211,918
  • Jan 14, 2010 2:50am Jan 14, 2010 2:50am
CHATROOM.
Attached Image
MY OPINION NOT FINANCIAL ADVISE
  • #211,919
  • Jan 14, 2010 2:52am Jan 14, 2010 2:52am
Quoting donfriday
Trade what u see not what u think.
Are you still short-term (ie. this London session) bullish on GY?
  • #211,920
  • Jan 14, 2010 2:53am Jan 14, 2010 2:53am
Quoting Gucc
its not a prediction ,its how to patterns work in PA ..it should fall of a cliff very soon ..

{i hope so}
If you think it'll go down...it'll be cause of UJ or GU in your guess ?
COT: The precious data ignored
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