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

  • #218,461
  • Mar 16, 2010 8:46pm Mar 16, 2010 8:46pm
I am watching 4hr chart where bullish move taking position.
  • #218,462
  • Mar 16, 2010 8:57pm Mar 16, 2010 8:57pm
Quoting KillerWhale
I'm out of all trades for the moment.
I'll wait for a clear sign which direction it is going.
Only too bad that London open is time I have to get sleep.
Wow, I should have taken a short, 50 pips down in 5 minutes.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #218,463
  • Mar 16, 2010 9:19pm Mar 16, 2010 9:19pm
I'm on the sidelines and don't mind one bit. I thought of shorting for a scalp but the risk just isn't worth it to me. I'd rather wait and let the 30min and 1H unwind a bit and make sure I'm ready to go long again. Much better sitting watching than being caught in a short scalp if she decides to fly.
check out my blog: forexmademillionaire dot com
  • #218,464
  • Mar 16, 2010 9:22pm Mar 16, 2010 9:22pm
Quoting Geppy
I'm on the sidelines and don't mind one bit. I thought of shorting for a scalp but the risk just isn't worth it to me. I'd rather wait and let the 30min and 1H unwind a bit and make sure I'm ready to go long again. Much better sitting watching than being caught in a short scalp if she decides to fly.
Probably the best advice you can give. Thanks! But at least I got 20 pips of the upswing.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #218,465
  • Edited 10:03pm Mar 16, 2010 9:36pm | Edited 10:03pm
BOJ Press Conference

Shirakawa annouced they're doubling thier lending program to 220 Billion dollars and keeping overnight rate at 0.1 percent.
  • #218,466
  • Mar 16, 2010 9:40pm Mar 16, 2010 9:40pm
BB
  • #218,467
  • Mar 16, 2010 9:42pm Mar 16, 2010 9:42pm
news suggests a long UJ trade from an economic standpoint as its for expansion.
  • #218,468
  • Mar 16, 2010 10:00pm Mar 16, 2010 10:00pm
then.....wait is the answer.....thanks guys....
  • #218,469
  • Mar 16, 2010 10:01pm Mar 16, 2010 10:01pm
any ideaz guys?

BB
  • #218,470
  • Mar 16, 2010 10:14pm Mar 16, 2010 10:14pm
Zzzz

BB
  • #218,471
  • Mar 16, 2010 10:34pm Mar 16, 2010 10:34pm
price is testing the 1st resistance 138.02 , 1st try of penetration (or it could be a double top)and next 135.30. If succeced....the next is 139.50 and i think i would not rely on any retracement....toward 136.10/30.and scrat.......i'm still waiting.....chill pils pleaseeeeee.............
  • #218,472
  • Mar 16, 2010 10:43pm Mar 16, 2010 10:43pm
Quoting Mr.Elliott
price is testing the 1st resistance 138.02 , 1st try of penetration (or it could be a double top)and next 135.30. If succeced....the next is 139.50 and i think i would not rely on any retracement....toward 136.10/30.and scrat.......i'm still waiting.....chill pils pleaseeeeee.............
all the up move since NY yesterday is for today menu in few hr
  • #218,473
  • Mar 16, 2010 10:51pm Mar 16, 2010 10:51pm
Hi Grashid..Bro are you going to update your blog today?

thanks
  • #218,474
  • Mar 16, 2010 10:51pm Mar 16, 2010 10:51pm
been waiting for you post....just wake up from your small nap is it?yummy-yummy as you would always say.......
  • #218,475
  • Mar 16, 2010 10:54pm Mar 16, 2010 10:54pm
Quoting MHuzaifa
Hi Grashid..Bro are you going to update your blog today?

thanks
yup..in us session
  • #218,476
  • Mar 16, 2010 10:57pm Mar 16, 2010 10:57pm
Quoting Mr.Elliott
been waiting for you post....just wake up from your small nap is it?yummy-yummy as you would always say.......
...c-mon....

I loaded 50 lot each in GY n EY short just [email protected]&124.81 .

Its ok?

Need to get your permission

g
  • #218,477
  • Mar 16, 2010 11:45pm Mar 16, 2010 11:45pm
Quoting Fudomyo
BOJ Press Conference

Shirakawa annouced they're doubling thier lending program to 220 Billion dollars and keeping overnight rate at 0.1 percent.
We ignore this news today at our peril.
Maybe it's been priced-in, but the BoJ are not always easy to read, so confirmation of this news could provide a pretty significant pop higher.

We'll see what Frankie and London think of it......
  • #218,478
  • Mar 16, 2010 11:48pm Mar 16, 2010 11:48pm
Quote
I loaded 50 lot each in GY n EY short just [email protected]&124.81 .

Its ok? http://cdn.forexfactory.com/images/s..._the_floor.gifhttp://cdn.forexfactory.com/images/s..._the_floor.gif

Need to get your permission http://cdn.forexfactory.com/images/s...m/big_grin.gif

  • #218,479
  • Mar 17, 2010 12:18am Mar 17, 2010 12:18am
Quoting grashid
...c-mon....

I loaded 50 lot each in GY n EY short just [email protected]&124.81 .

Its ok?

Need to get your permission

g
I am short EY at 124.90. hope this bull exhausts itself soon.
  • #218,480
  • Mar 17, 2010 12:19am Mar 17, 2010 12:19am
Quoting grashid
...c-mon....

I loaded 50 lot each in GY n EY short just [email protected]&124.81 .

Its ok?

Need to get your permission

g

Shorting bro....?

Take a look at H4 and daily. H4 already break resistance at 136.20. PA might test 139.50. This is UTL H4. Then we need to see what will happen next....breakout or bounce.

Good Luck
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