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

  • #213,381
  • Jan 27, 2010 7:23pm Jan 27, 2010 7:23pm
Quoting Gucc
a typical untested support line,,wait and enter when tested @144.90
Just like yesterday your chart of H&S neckline
  • #213,382
  • Jan 27, 2010 7:23pm Jan 27, 2010 7:23pm
Quoting special0nefx
you mean your resistant at 146.88 then coming down for 143? or continue bullish to 149?

special,,wait and see at yeserdays high..it it passed it or eqaul it,,ill sit back and wait for 144.90 to test and enter long from there..if the high is not passed from yesterday at 147.28.it can come back to lower lows...but again at 144.90 a good scalping trade ..its a SUPPORT
  • #213,383
  • Jan 27, 2010 7:24pm Jan 27, 2010 7:24pm
Quoting special0nefx
Just like yesterday your chart of H&S neckline
..it will come back to 144.90... dont chase the PA,,wait for it..its a secret,,never chase it ..sit back and wait
  • #213,384
  • Jan 27, 2010 7:25pm Jan 27, 2010 7:25pm
Quoting Beljevina
I hope you (we're) right! Obama's wrapping up his feel good and the-right-thing-to-do speech ... but, the cost to deliver all that is HUGE, hence there should be selling of USD, GBP when London wakes.


Still wrapping up. You can catch the speech on Bloomberg web TV, among others. Try launching this in VLC or WM player.
thanks. London open a push north is really a huge loss of bear
  • #213,385
  • Jan 27, 2010 7:27pm Jan 27, 2010 7:27pm
ill catch ya later,

good luck!!
  • #213,386
  • Jan 27, 2010 7:32pm Jan 27, 2010 7:32pm
Quoting Gucc
ill catch ya later,

good luck!!
good luck bro
  • #213,387
  • Jan 27, 2010 7:53pm Jan 27, 2010 7:53pm
i was actually asking myself how have you been lately... short eh? right on

Quoting Geppy
Last short filled at 146.50... time to sit back and relax.
Nihil Sine Deo.
  • #213,388
  • Jan 27, 2010 7:54pm Jan 27, 2010 7:54pm
Quoting special0nefx
Bro your target at 143 also? no sl?

142.65 initial target... sl open for now, gonna watch PA for next few hours.
check out my blog: forexmademillionaire dot com
  • #213,389
  • Jan 27, 2010 7:58pm Jan 27, 2010 7:58pm
Quoting Geppy
142.65 initial target... sl open for now, gonna watch PA for next few hours.
What is seen now price bounce and hit FR23.6, which should be the max for retrace for more volume to push move down. Else care of the making new high of yesterday high at 147.25 there.
cheers
  • #213,390
  • Jan 27, 2010 8:08pm Jan 27, 2010 8:08pm
Quoting Geppy
142.65 initial target... sl open for now, gonna watch PA for next few hours.
Geppy, When do you deem she ain't going back down, ie., when do you exit your shorts? Next R is 147 that I see. I'm a little worried it might rally up initially during London, a 100 pips more would not surprise me.
  • #213,391
  • Jan 27, 2010 8:33pm Jan 27, 2010 8:33pm
Quoting Beljevina
Geppy, When do you deem she ain't going back down, ie., when do you exit your shorts? Next R is 147 that I see. I'm a little worried it might rally up initially during London, a 100 pips more would not surprise me.
147.50 would make things interesting, but still potentially not enough to reverse the bearish bias.

I think bulls can't really be considered until 149.00 is broken legitimately.
check out my blog: forexmademillionaire dot com
  • #213,392
  • Jan 27, 2010 8:33pm Jan 27, 2010 8:33pm
Not sure what is going to happen in London session. Will they go selling USD after Obama's speech about actually changing nothing in health care plans and staying with cap&trade?
I wonder if I should cut the rest of my shorts, I'm still within my 2% limit loss, and I don't wanna wake up tomorrow seeing another 200 pips up.

I'm still bearish, I'm just not sure if London is going to break it, and that's were I am sleeping.

Fortunately I had an extremely good week so far shorting GJ, so the loss would not be a real problem. I would still be up more than an average week.

Any ideas would be welcome.

It's dropping a bit now, I'll wait a little while with speedy decisions.

Shamu
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New voice message: Why are you calling me? If I need you, I'll call you!
  • #213,393
  • Jan 27, 2010 8:55pm Jan 27, 2010 8:55pm
Japan Retail Sales Unexpectedly Slide for 16th Month

http://www.bloomberg.com/apps/news?p...d=a.fJCVtmRa7w

Have you noticed how the announcement of every bit of bad news now contains the word "unexpectedly"?

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You keep using that word. I do not think it means, what you think it means.
  • #213,394
  • Jan 27, 2010 9:11pm Jan 27, 2010 9:11pm
no, but i noticed you showed up unexpectedly on this thread... so what's up?

Quoting markam
Japan Retail Sales Unexpectedly Slide for 16th Month

http://www.bloomberg.com/apps/news?p...d=a.fJCVtmRa7w

Have you noticed how the announcement of every bit of bad news now contains the word "unexpectedly"?

You keep using that word. I do not think it means, what you think it means.
Nihil Sine Deo.
  • #213,395
  • Jan 27, 2010 9:15pm Jan 27, 2010 9:15pm
Quoting Scrat
no, but i noticed you showed up unexpectedly on this thread... so what's up?

I always show up when things start unexpectedly turning for the worse. I bet 10 pips that that the unemployment numbers tomorrow are unexpectedly higher than expected.
  • #213,396
  • Jan 27, 2010 9:39pm Jan 27, 2010 9:39pm
Quoting markam
I always show up when things start unexpectedly turning for the worse. I bet 10 pips that that the unemployment numbers tomorrow are unexpectedly higher than expected.



..same with mine....cooking for tomorrow menu...its norm for such 'unexcpected' things happen............
  • #213,397
  • Jan 27, 2010 9:40pm Jan 27, 2010 9:40pm
I m beginning to like this pair!

Short at 146.369 with SL at BE and floating 2% so far
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  • #213,398
  • Jan 27, 2010 9:49pm Jan 27, 2010 9:49pm
are we there 4hrs 50ema?.....GJ is not hard only need dicipline PA is working well so far let see the close now if we break this TL or not..only grab 50pips of it and am happy..
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MY OPINION NOT FINANCIAL ADVISE
  • #213,399
  • Jan 27, 2010 10:15pm Jan 27, 2010 10:15pm
Also holding short at 146.330, TP is TBD, Bearish Divergence in the H1 with Stoch & Macd.

Quoting TrooperCoope
I m beginning to like this pair!

Short at 146.369 with SL at BE and floating 2% so far
  • #213,400
  • Jan 27, 2010 10:16pm Jan 27, 2010 10:16pm
Quoting USD-Bear
Added short @ 145.35
Added 3rd @ 146.00
Don't be a hero. Don't have an ego. Always question yourself
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