I am very new here, this is my first time that I have decided to reply after watching how you are fighting for your right opinions. BULLS vs BEARS. Look at the charts- the same scenario is happening behind the charts. BULLS pushing, BEARS pulling- and we are nowhere for hours. I was watching GJ since morning, hoping that great Bernanke will be able to brake this tiny channel 139.60- 138.20 ( 140 pips ) and we are right in the middle here. Honesty I fed up and took tiny short trade @ 138.80 after I saw that it has no strength to close above 139. If it will brake 138.20 I will load, if it will show strength to push higher, cut loss and reverse. My opinion: odds Bears/vs/Bulls=60/40. I took bears
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #216,462
- Feb 24, 2010 9:54am Feb 24, 2010 9:54am
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Lolz, great chart
Its also at the end of its Tunnel...
Hope nobody minds these Charts .. cause they are other than G/J charts..
Atleast this one has a 'G' IN IT
Markets are not Random, they are designed!
- #216,463
- Feb 24, 2010 9:55am Feb 24, 2010 9:55am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
not yet J, not yet
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #216,464
- Feb 24, 2010 9:56am Feb 24, 2010 9:56am
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
anyway pound is doomed... 
- #216,466
- Feb 24, 2010 9:59am Feb 24, 2010 9:59am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Here is a Better one..G/CAD..
Its also at the end of its Tunnel...
Hope nobody minds these Charts .. cause they are other than G/J charts..
Atleast this one has a 'G' IN IT
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #216,467
- Feb 24, 2010 10:06am Feb 24, 2010 10:06am
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
Wow 5ysfx! Nice charts, I need something like that. What's your feed mate?
it might be hard for u
u can try if u like
http://stooq.com/notowania/?kat=w1
then choose instrument next click on "analiza techniczna" (AT) left side
http://www.dict.pl/dict_iso if u need to translate something
- #216,468
- Edited 10:44am Feb 24, 2010 10:09am | Edited 10:44am
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!
- #216,469
- Feb 24, 2010 10:12am Feb 24, 2010 10:12am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Long GU @ 1.5405
Don't be a hero. Don't have an ego. Always question yourself
- #216,470
- Feb 24, 2010 10:15am Feb 24, 2010 10:15am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Well, i am sorry to say that but this website is in only Polish language
it might be hard for u
u can try if u like
http://stooq.com/notowania/?kat=w1
then choose instrument next click on "analiza techniczna" (AT) left side
http://www.dict.pl/dict_iso if u need to translate something
, I'll try it. That chart is important to see some s/r areas in GCad.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #216,471
- Feb 24, 2010 10:58am Feb 24, 2010 10:58am
- Joined May 2009 | Status: Trading, Not Posting | 2,130 Posts
- #216,472
- Feb 24, 2010 11:12am Feb 24, 2010 11:12am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
A view: Cable is back back in the buy zone that central banks have been using over the last 24 hours or so near the 1.5400 level. India, China and other CBs have been rumoured dip buyers the last few mornings around present levels. We dipped as low as 1.5392 yesterday morning after King’s QE comments, so expect stops to be clustered not far below those levels. And then there's the UK Tory Party’s three-stage deficit reduction plan, for the optimist in you.
That makes me wonder don't like artificial resistance zones, mmmm
Don't be a hero. Don't have an ego. Always question yourself
- #216,473
- Feb 24, 2010 11:32am Feb 24, 2010 11:32am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Thanks for the background Beljevina
That makes me wonder don't like artificial resistance zones, mmmm
Don't be a hero. Don't have an ego. Always question yourself
- #216,477
- Feb 24, 2010 1:55pm Feb 24, 2010 1:55pm
- | Joined Oct 2009 | Status: Trader | 1,192 Posts
Spinning top on daily GBP/JPY candle. It is a sign that bulls have run out of steam and bears are now in charge.
I have shorted at 142.40 levels...targetting 200-300 pips in 2-4 days- Position Trading.
This is my statement made on feb 18. I was spot right. My target was 139.29.
But somehow after listening to a comment from an experienced trader that we are in a bullish trend, i closed my shorts way too early for only 50 pips profit.
I should have earned 300 pips but i earned only 50 pips after listening out to one trader here who has earned vouchers.
- #216,478
- Feb 24, 2010 2:11pm Feb 24, 2010 2:11pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
No one gets all the trades right...You plan your trades and trade your plans..
You did well closing your trade for a profit...
Any winning size trade is a winner. Don't get greedy with GJ atm because the market is not stable to swing trade..Scalping is probably better.
The market is being manipulated atm and I believe GJ is still due for a drop at the end of the week..
Patience
You did well closing your trade for a profit...
Any winning size trade is a winner. Don't get greedy with GJ atm because the market is not stable to swing trade..Scalping is probably better.
The market is being manipulated atm and I believe GJ is still due for a drop at the end of the week..
Patience
This is my statement made on feb 18. I was spot right. My target was 139.29.
But somehow after listening to a comment from an experienced trader that we are in a bullish trend, i closed my shorts way too early for only 50 pips profit.
I should have earned 300 pips but i earned only 50 pips after listening out to one trader here who has earned vouchers.
[
- #216,479
- Feb 24, 2010 2:19pm Feb 24, 2010 2:19pm
- Joined Oct 2009 | Status: Trader | 1,342 Posts
This is my statement made on feb 18. I was spot right. My target was 139.29.
But somehow after listening to a comment from an experienced trader that we are in a bullish trend, i closed my shorts way too early for only 50 pips profit.
I should have earned 300 pips but i earned only 50 pips after listening out to one trader here who has earned vouchers.
Don't trade based on anyone opinions. Just trade what your eyes can see.
Visit the thread in my signature it contains a lot of GJ analysis.
Regards.
