Absolutely bro, I am hoping for another high position for a short sell..
If the market sell off from here I have an orders at the lows..
Trade your charts..
. Really sell more safe...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #217,001
- Mar 1, 2010 8:01am Mar 1, 2010 8:01am
- | Joined Sep 2009 | Status: Freshman Fledgling Neophyte | 1,663 Posts
. Really sell more safe...
- #217,002
- Mar 1, 2010 8:07am Mar 1, 2010 8:07am
yeah the drop will we see,,not this week,and not maybe next week..
a 600 pip retracement is on its way ! ...
i personally wont look for any shorts until we are close of 139 ..
i cant see any sign to look now for shorts,,but i can see alot to go long now for a 600 pip bounce !
thats my view ..
gbp/usd will see 1.5422 before we see any move lower again
absolutely it won't go down that fast this week ,i'm talkng about the long term down bias.
we are in a clear dominating down trend ,aren't we?!!
good luck
I always knew that someday I would make it big
- #217,003
- Mar 1, 2010 8:09am Mar 1, 2010 8:09am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Stay on the sideline for the retracement and sell the rallies..Or set an order at the low 132 and hope it drop to the 128 zone which I doubt will happen soon..
IMHO
IMHO
Master, i dare not long now. Just SL on my 2 small long
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- #217,004
- Mar 1, 2010 8:13am Mar 1, 2010 8:13am
- | Joined Sep 2009 | Status: Freshman Fledgling Neophyte | 1,663 Posts
Stay on the sideline for the retracement and sell the rallies..Or set an order at the low 132 and hope it drop to the 128 zone which I doubt will happen soon..
IMHO
thanks for the advise and analysis also 
- #217,005
- Mar 1, 2010 8:19am Mar 1, 2010 8:19am
absolutely it won't go down that fast this week ,i'm talkng about the long term down bias.
we are in a clear dominating down trend ,aren't we?!!
good luck
yes absolutely and we all agree 100% we are in huge downtrend!!!
if" we get a bounce to that 139 conf area plus MAJOR supp for 12 months and last week we break through it and im sure we will confirm and test it ..supp becomes ress..
lets hope we can go that far up ,for all of us the be a sure entry for sell .your levels are bang on 123/120 etc even lower...
we will all agree that we want it to go to test 139 before another free-fall.
i personally dont think we will break a major supp level and dont retrace,test and confirm it ... and now with the confl area bang on at that level,just add the cherry on the cake for us
- #217,006
- Mar 1, 2010 8:23am Mar 1, 2010 8:23am
- | Joined Sep 2009 | Status: Freshman Fledgling Neophyte | 1,663 Posts
yes absolutely and we all agree 100% we are in huge downtrend!!!
if" we get a bounce to that 139 conf area plus MAJOR supp for 12 months and last week we break through it and im sure we will confirm and test it ..supp becomes ress..
lets hope we can go that far up ,for all of us the be a sure entry for sell .your levels are bang on 123/120 etc even lower...
we will all agree that we want it to go to test 139 before another free-fall.
i personally dont think we will break a major supp level...
, God Bless...
- #217,008
- Mar 1, 2010 9:02am Mar 1, 2010 9:02am
- Joined Jan 2007 | Status: Trader | 3,719 Posts
Nihil Sine Deo.
- #217,009
- Mar 1, 2010 9:03am Mar 1, 2010 9:03am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
You are right.. I only got trades from the 150-151 area..
Sorry you missed the drop..
Sorry you missed the drop..
Very bad- Some of the best traders were not able to catch 400 pips down movement
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- #217,010
- Mar 1, 2010 9:05am Mar 1, 2010 9:05am
I prefer it heading south to 125 , to finish the wave become turn into north
up or down.. where -ever!..
I WANT IT TO GO TO 139 . thats all
- #217,011
- Mar 1, 2010 9:06am Mar 1, 2010 9:06am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #217,012
- Mar 1, 2010 9:24am Mar 1, 2010 9:24am
yearly chart for g-j. we reached 2008 close, which was 132.25.
let's see what happens next. if we are to range for now, then we should head up to february close - 135.53... that should be first resistance.
range trading
- #217,013
- Mar 1, 2010 9:32am Mar 1, 2010 9:32am
- Joined Apr 2008 | Status: Trader | 7,674 Posts
agree,we will bounce between 125 and 155 for the rest of the year.
range trading
- #217,014
- Mar 1, 2010 9:33am Mar 1, 2010 9:33am
- | Joined Sep 2009 | Status: Freshman Fledgling Neophyte | 1,663 Posts
agree,we will bounce between 125 and 155 for the rest of the year.
range trading
- #217,018
- Edited 10:04am Mar 1, 2010 9:53am | Edited 10:04am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #217,019
- Edited 10:23am Mar 1, 2010 10:08am | Edited 10:23am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
If you have the margin I would hold it if you are not heavy - you will be rewarded handsomely if you do. . .
Many people who are holding recent shorts heads are going to get chopped when GJ spikes to 141.40 later this week. . .People are saying well 138.25 and 139.25 is long-term resistance. . .
I made the statement could we have just extended the range? Is that at all possible. . .?
Many will debate this argument but we shall see by Thursday of this week where GJ sits. . . then it will break this congestion area and give us our 129/130/131...
Guess we wait for a good signal to go long soon or maybe not. . .
- #217,020
- Mar 1, 2010 10:11am Mar 1, 2010 10:11am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
This is not a long term view...It just a retracement that will happen before another leg down to the 128 zone..
IMHO
GU hit 61.8% and retracement most of the time bounced back up first before any continuation..Therefore all cross GBP pairs will go up..
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