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

  • #216,741
  • Feb 26, 2010 6:08am Feb 26, 2010 6:08am
Quoting hindart
i had buy orders at 135.7 @61.8% of last move, hell it bounced from 135.72. I hope it goes there. Looks unlikely though
it may come down to 135.69-62 and beyond...lol... You might have you chance...DAMM these itchy fingers..
Markets are not Random, they are designed!
  • #216,742
  • Feb 26, 2010 6:09am Feb 26, 2010 6:09am
scalp long 135.75..trailing..hope this goes well..Ibfx keeps hanging-up on me the whole day.
  • #216,743
  • Feb 26, 2010 6:10am Feb 26, 2010 6:10am
Another test of the 61.8% fibo likely, but I don't see massive downside from here. As Q said, this fibo level should not be taken lightly.
  • #216,744
  • Feb 26, 2010 6:13am Feb 26, 2010 6:13am
USD has resistance at 80.60.....
The Market pays you to be disciplined
  • #216,745
  • Feb 26, 2010 6:14am Feb 26, 2010 6:14am
Quoting Raza
Ok...just bought it for few 100 pips at 135.73...STOP LOSS AT 135.50
moving SL to BE shortly
Markets are not Random, they are designed!
  • #216,746
  • Feb 26, 2010 6:14am Feb 26, 2010 6:14am
It will today or the weekend..

Fundamentals are all bearish and TA is bearish..

If the market goes up today, than the market is setting up for a freefall this weekend..

IMHO



Quoting ukdaytrader
Another test of the 61.8% fibo likely, but I don't see massive downside from here. As Q said, this fibo level should not be taken lightly.
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  • #216,747
  • Feb 26, 2010 6:17am Feb 26, 2010 6:17am
Quoting rgitt05
I am trading from the higher TF's..The eurozone problem is getting worst and the month is almost over.. All the fundamentals are bad and PA held up for the FREEFALL..No indicators can help..EW will not help..

This beast is heading down...Gravity will attract it to the fib level..

Anyway, IMHO..

LOL

I say all kaboom to the 76.8% level 128.00

i agree, but not in straight line. attached is my long term daily chart. i am still noob and opinions most welcome.
Attached Image (click to enlarge)
Click to Enlarge Name: gj260210.GIF Size: 26 KB
  • #216,748
  • Feb 26, 2010 6:18am Feb 26, 2010 6:18am
i think we will see 137 b4 kaboom again
  • #216,749
  • Feb 26, 2010 6:25am Feb 26, 2010 6:25am
In my opinion USD is set for free fall but it depends on GDP today....
The Market pays you to be disciplined
  • #216,750
  • Feb 26, 2010 6:25am Feb 26, 2010 6:25am
Quoting Raza
moving SL to BE shortly
FREE trade now..Come get my SL...
Markets are not Random, they are designed!
  • #216,751
  • Feb 26, 2010 6:31am Feb 26, 2010 6:31am
I believe also PB is possible before a freefall..



Quoting Myrza
i think we will see 137 b4 kaboom again
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  • #216,752
  • Feb 26, 2010 6:34am Feb 26, 2010 6:34am
You are right that market doesn't move in a straight line but this PA is heading down beside the PB and consolidation..





Quoting hindart
i agree, but not in straight line. attached is my long term daily chart. i am still noob and opinions most welcome.
Attached Image
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  • #216,753
  • Feb 26, 2010 6:36am Feb 26, 2010 6:36am
Quoting rgitt05
I believe also PB is possible before a freefall..

right..i dont know what will happen to this long...cant access my ibfx after entry..shitty internet connection
  • #216,754
  • Feb 26, 2010 6:39am Feb 26, 2010 6:39am
Quoting rgitt05
You are right that market doesn't move in a straight line but this PA is heading down beside the PB and consolidation..

You messed it all up ...
Markets are not Random, they are designed!
  • #216,755
  • Feb 26, 2010 6:40am Feb 26, 2010 6:40am
Where are you located? I always have backup when my internet goes down..I use my laptop card when the house internet is down or call the broker..

Plan your trade and trade your plan..





Quoting Myrza
right..i dont know what will happen to this long...cant access my ibfx after entry..shitty internet connection
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  • #216,756
  • Feb 26, 2010 6:41am Feb 26, 2010 6:41am
I didn't have a ruler..


Quoting Raza
You messed it all up ...
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  • #216,757
  • Feb 26, 2010 6:44am Feb 26, 2010 6:44am
Quoting rgitt05
Where are you located? I always have backup when my internet goes down..I use my laptop card when the house internet is down or call the broker..

Plan your trade and trade your plan..


Malaysia...I am going to get my self a second internet line next week..trading is stressful these few days. SO ..most of the time I just enter and pray
  • #216,758
  • Feb 26, 2010 6:49am Feb 26, 2010 6:49am
135.7 is critical this time..if h1 closes below it..we will have our kaboom much sooner. ..if not maybe hello 137
  • #216,759
  • Feb 26, 2010 6:56am Feb 26, 2010 6:56am


Quoting Myrza
Malaysia...I am going to get my self a second internet line next week..trading is stressful these few days. SO ..most of the time I just enter and pray
Attached Image
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  • #216,760
  • Feb 26, 2010 7:05am Feb 26, 2010 7:05am
Hello everyone, I'm a new member of this forum and I just wanted to say hi, and thank you for your inputs.

If I may ask a question to you guys : what could be the impact of usd news on the GBP JPY pair, as it is not directly linked ?

Thank you very much, enjoy your trades.
Hello.
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