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

Although I do not like to posts my positions, I have read the shout for a short, and thought I would show my perspective - the opposite.

This is not to say that either is right, but to highlight a possible alternative.

back to 139.40~

this is my dog.

lol,

I am long from yesteday and expext monimum 150p pips upside before any down but i wish you pips



Cheers

lol becareful to hit his ass then

thank you for your advice maanawi i already put my sl 139.80
thank you again

range

Lesson for the newbies..

Money Management can be learn the hard way or reduce your risk..

Latest Previous %Chg Daily Daily %Chg
Dollar Rates 2150 GMT High Low 12/31

USD/JPY Yen 89.31-33 89.51-55 -0.22 89.56 89.15 -4.05
EUR/USD Euro 1.3670-71 1.3664-69 +0.04 1.3713 1.3622 -4.51
GBP/USD Sterling 1.5594-97 1.5591-96 +0.02 1.5625 1.5536 -3.52
USD/CHF Swiss Franc 1.0721-31 1.0738-48 -0.16 1.0772 1.0701 +3.54
USD/CAD Canadian Dlr 1.0697-99 1.0686-91 +0.10 1.0729 1.0658 +1.75
AUD/USD Australian Dlr 0.8672-77 0.8680-85 -0.09 0.8706 0.8641 -3.46
NZD/USD New Zealand Dlr 0.6870-73 0.6881-89 -0.16 0.6921 0.6857 -5.32

Euro Rates

EUR/JPY Yen 122.08-12 122.33-38 -0.20 122.78 121.58 -8.39
EUR/GBP Sterling 0.8763-68 0.8762-67 +0.01 0.8806 0.8734 -1.06
EUR/CHF Swiss Franc 1.4660-63 1.4681-86 -0.14 1.4690 1.4656 -1.10
EUR/CAD Canadian Dlr 1.4624-28 1.4601-14 +0.16 1.4639 1.4579 -2.83
EUR/AUD Australian Dlr 1.5755-66 1.5733-48 +0.14 1.5786 1.5722 -1.14
EUR/DKK Danish Krone 7.4441-46 7.4452-53 -0.01 7.4454 7.4441 +0.05
EUR/NOK Norwegian Krone 8.1671-30 8.1742-77 -0.09 8.1922 8.1530 -1.59
EUR/SEK Swedish Krona 10.1577-27 10.1746-83 -0.17 10.1893 10.1317 -0.88
EUR/CZK Czech Koruna 26.1550-50 26.0370-70 +0.45 26.2190 26.0210 -0.89
EUR/HUF Hungary Forint 273.48-68 274.03-53 -0.20 274.45 272.62 +1.07
EUR/PLN Polish Zloty 4.0940-95 4.0860-10 +0.20 4.1178 4.0690 -0.28

Yen Rates

AUD/JPY Australian Dlr 77.44-47 77.68-71 -0.31 77.94 77.13 -7.39
GBP/JPY Sterling 139.28-30 139.81-95 -0.38 139.91 138.66 -7.43
CAD/JPY Canadian Dlr 83.46-52 83.29-48 +0.20 84.01 83.17 -5.74
NZD/JPY New Zealand Dlr 61.35-39 61.60-67 -0.41 61.94 61.18 -9.16

Other Dollar Rates

USD/CZK Czech Koruna 19.127-38 19.058-88 +0.36 19.211 18.973 +3.76
USD/HUF Hungary Forint 200.06-29 199.56-81 +0.25 201.24 199.06 +5.85
USD/DKK Danish Krone 5.4437-72 5.4451-13 -0.03 5.4654 5.4284 +4.74
USD/NOK Norwegian Krone 5.9725-95 5.9783-86 -0.10 6.0065 5.9519 +3.03
USD/PLZ Polish Zloty 2.9940-93 2.9860-80 +0.27 3.0182 2.9708 +4.40
USD/RUB Russian Ruble 30.507-12 30.357-64 +0.49 30.572 30.364 +0.64
USD/SEK Swedish Krona 7.4270-70 7.4490-80 -0.30 7.4768 7.3932 +3.76
USD/EEK Estonia Kroon 11.4435-36 11.4368-03 +0.06 11.4828 11.4106 +4.70

USD/HKD Hong Kong Dlr 7.7699-07 7.7702-10 -.004 7.7719 7.7698 +0.21
USD/MYR Malaysian Ringt 3.4390-40 3.4420-60 -0.09 3.4475 3.4390 +0.45
USD/INR Indian Rupee 46.8000-00 46.6200-00 +0.39 46.8650 46.4000 +0.85
USD/IDR Indones Rupiah 9390-400 9380-390 +0.11 9430 9400 -0.37
USD/PHP Philippine Peso 46.450-00 46.450-50 0.00 46.660 46.220 -0.09
USD/SGD Singapore Dlr 1.4214-40 1.4181-19 +0.23 1.4243 1.4186 +1.15
USD/KRW S. Korean Won 1170.9-2.9 1166.9-2.9 +0.34 1174.3 1171.1 +0.42
USD/TWD Taiwan Dlr 32.100-15 32.095-35 +0.02 32.210 32.075 +0.34
USD/THB Thai Baht 33.16-21 33.17-22 -0.03 33.28 33.11 -0.59
USD/VND Vietnamese Dong 18469-79 18469-79 0.00 -0.03
USD/ZAR S. African Rand 7.7476-25 7.7709-09 -0.30 7.7900 7.7082 +4.59

USD/BRR Brazilian Real 1.877-78 1.881-83 -0.21 1.889 1.851 +7.68
USD/MXN Mexican Peso 13.181-87 13.157-67 +0.18 13.242 13.114 +0.78
USD/ARS Argentine Peso 3.8400-50 3.8375-25 +0.07 +1.03

oh.. a inverted H&S on 1 hour

WARNING!! ----> USD bear trend will continue shortly for 2010!! watch for any signs of a weekly spike low on eur/usd ,other USD currencies

i favour this descending wedge from the beginning ,so be cautiuos of any sells at 143/144 level..im favouring all the way to 148. remmeber GBP is more oversold than it has been since oct 2008.

I think there is thread : Trading posters
http://www.forexfactory.com/showthread.php?t=9634

for those who wants to express their opinion through pictures...

This is exactly what I think.

Cheers

We are still in a weekly triangle..148 is possible.

lets hope it plays out,,,so we can sell the hell out of it at 148,,and add a TON at break of 139...target a massive 1000 pips from 139...

DONE!! wait for the bottom ,where ever 100- 118 and play the ABC correction to 170 and 190

Last week's daily and weekly close look very suspicious to me..been waiting patiently for a false break below 138.2 to add to my position..looks like it is not going to happen

how do we trade todays market?