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

  • #215,301
  • Feb 11, 2010 9:09am Feb 11, 2010 9:09am
especially who post the same pics over and over .
  • #215,302
  • Feb 11, 2010 9:10am Feb 11, 2010 9:10am
Quoting ewokuk
it isnt overbought now, its at relatively low levels.
sold at 240 , in late 07' -- drops to 200
it must be at low level now.
Nope
sold again at 200 , in late 08' -- drops to 120
it must be at low level now.
Nope
THE FUTURE ( you can't discount lower low, or a re-test of low)
  • #215,303
  • Feb 11, 2010 9:12am Feb 11, 2010 9:12am
I post the same results on my account as well dude..





Quoting Gucc
especially who post the same pics over and over .
[
  • #215,304
  • Feb 11, 2010 9:16am Feb 11, 2010 9:16am
Quoting Clouds
sold at 240 , in late 07' -- drops to 200
it must be at low level now.
Nope
sold again at 200 , in late 08' -- drops to 120
it must be at low level now.
Nope
THE FUTURE ( you can't discount lower low, or a re-test of low)


Jan 1980 - 570. Lower?
Yep. May 1981 - 405. Lower??
Yep. Feb 1985 - 270. WTF!!! LOWER?????

You betcha baby.
  • #215,305
  • Feb 11, 2010 9:19am Feb 11, 2010 9:19am
Quoting rgitt05
I post the same results on my account as well dude..

  • #215,306
  • Feb 11, 2010 9:25am Feb 11, 2010 9:25am
As I look at them right now, A short and D long will have some opportunity.
Face both Win and Lose bravely
  • #215,307
  • Feb 11, 2010 9:27am Feb 11, 2010 9:27am
Quoting Clouds
sold at 240 , in late 07' -- drops to 200
it must be at low level now.
Nope
sold again at 200 , in late 08' -- drops to 120
it must be at low level now.
Nope
THE FUTURE ( you can't discount lower low, or a re-test of low)
those levels were high. 240 was after an 8 year uptrend! (granted it was at 500+ long before, but an 8 year uptrend is an 8 year uptrend) its easy to drop from the top after an 8 year uptrend compared to dropping when already near all time lows and in the middle of a (slow and fragile) recovery! when gj was at 240, japan was not interested in intervention. if uj drops much further, they will be.

not impossible obviously, but certainly not a trade i would be looking for right now. if it happens at all it will likely take months, and the longer it goes, the stronger the recovery should get, making chances of big drops even less likely.

still you gotta trade what ya see.
  • #215,308
  • Feb 11, 2010 9:35am Feb 11, 2010 9:35am
Quoting ewokuk
those levels were high....
im not against using stop losses, but i dont see more upside- ill protect profit of course

not looking for longs in this environment
  • #215,309
  • Feb 11, 2010 9:48am Feb 11, 2010 9:48am
Quoting Clouds
im not against using stop losses, but i dont see more upside- ill protect profit of course

not looking for longs in this environment
add more onto longs ..hopefully we will see 143 before monday and will be glad for a spike up to 148 before end of feb/beginning of march .... pending long on eur/jpy @ 121.97 ,,target 126 ,or bottom of major SUPP/RESS

good luck!
  • #215,310
  • Feb 11, 2010 9:59am Feb 11, 2010 9:59am
Quoting Gucc
add more onto longs ..hopefully we will see 143 before monday and will be glad for a spike up to 148 before end of feb/beginning of march .... pending long on eur/jpy @ 121.97 ,,target 126 ,or bottom of major SUPP/RESS

good luck!




We R Going Down To 138 Area & U R Adding Longs !!!!!

U R Losing Ur Money So easily !!!

So Sorry........


* Never Trust To Any Indicator *
  • #215,311
  • Feb 11, 2010 10:08am Feb 11, 2010 10:08am
Quoting Shad


We R Going Down To 138 Area & U R Adding Longs !!!!!

U R Losing Ur Money So easily !!!

So Sorry........


just over 1% of capital loss.. its ok ,,
  • #215,312
  • Feb 11, 2010 10:33am Feb 11, 2010 10:33am
last chance to short. Target 137 by tomorrow
  • #215,313
  • Feb 11, 2010 10:42am Feb 11, 2010 10:42am
Last chance for you to get out of short trade..





Quoting ghuisthefirs
last chance to short. Target 137 by tomorrow
[
  • #215,314
  • Feb 11, 2010 10:46am Feb 11, 2010 10:46am
Quoting ukdaytrader
Forgive me for sounding miserable, but could someone start a thread solely for 'funny' pictures please.
u mean like this?
Attached Image
MY OPINION NOT FINANCIAL ADVISE
  • #215,315
  • Feb 11, 2010 10:51am Feb 11, 2010 10:51am
He is probably frustrated with the market PA...

Take a break for a while and check back later..

Good Luck shorts..



Quoting donfriday
u mean like this?
[
  • #215,316
  • Feb 11, 2010 10:51am Feb 11, 2010 10:51am
Quoting JhonMonsalve
GJ, in short term is on bullish mode now:

$ index: Engulfing top of the ascending channel

Attachment

Yen index: Engulfing

Attachment

Geppy:

Attachment

Trade your charts
Be careful shorting the pound

http://www.forexfactory.com/showpost...postcount=4627

Check EG pair, is tanking like no tomorrow after test weekly res @0.885 = bullish pound.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #215,317
  • Feb 11, 2010 10:52am Feb 11, 2010 10:52am
not sure
Attached Images
  • #215,318
  • Feb 11, 2010 10:55am Feb 11, 2010 10:55am
oh oh oh..look at that bounce on gbp/chf on only a minor supp.. wonder how big bounce will he see if we get down to 1.6460 at major supp.. im still waiting and all hopes is now for a u turn to major supp... 1.6460 will have a MAJOR impact ..


eur/jpy will have a bullish engulf candle on 1 hour (not yet)missed my entry with 1 pip but enter at 122.00 ,,it looks good for 126..gbp/jpy will steadily move higher to 143.40 atleast ,,might bounce a while there,and spike up to 148... will see how it react


eur/usd ??? are we double bottom ?? time will tell ..are we close for a dramatic reversal ..wait and see ..

for all those who are interrested in my posts.. you are welcome,,but most here aint not like it ..

oh well

it might mean sometihng,it might mean nothing at all
  • #215,319
  • Feb 11, 2010 10:58am Feb 11, 2010 10:58am
Quoting rgitt05
He is probably frustrated with the market PA...

Take a break for a while and check back later..

Good Luck shorts..

i have a question....eu drop like bastard today and gu did not drop that much and still going up...an view on EU?
MY OPINION NOT FINANCIAL ADVISE
  • #215,320
  • Feb 11, 2010 11:00am Feb 11, 2010 11:00am
well im long from 140 and have already added 3 smaller positions to it with a 4th coming shortly. hopefully we can take out 141.50 and open the 143 door.

seems they have decided the euro is fucked and they are going to buy pounds instead
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