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

  • #219,121
  • Mar 22, 2010 1:59pm Mar 22, 2010 1:59pm
Quoting Scrat
anyone needs a ride up? the train is leaving the station>
It's tryin to... I'd be surprised (pleasantly) if it leaves yet.
check out my blog: forexmademillionaire dot com
  • #219,122
  • Mar 22, 2010 2:02pm Mar 22, 2010 2:02pm
"Pardon me, boy. Is this the Chattanooga choo choo?" - song comes to mind.

http://upload.wikimedia.org/wikipedi...Locomotive.jpg


Quoting Scrat
anyone needs a ride up? the train is leaving the station>
  • #219,123
  • Mar 22, 2010 2:09pm Mar 22, 2010 2:09pm
let me see... if i were a hungry shark looking for stops and shaking out everyone, what would i do... hm... ... oh i know! shoot up in pre-asia to 137.50 and then leave it there for the rest of the week.
how's that working?

Quoting Geppy
It's tryin to... I'd be surprised (pleasantly) if it leaves yet.
Nihil Sine Deo.
  • #219,124
  • Mar 22, 2010 2:14pm Mar 22, 2010 2:14pm
Quoting Leche Mocha
"Pardon me, boy. Is this the Chattanooga choo choo?" - song comes to mind.

http://upload.wikimedia.org/wikipedi...Locomotive.jpg
LOL awesome!
check out my blog: forexmademillionaire dot com
  • #219,125
  • Mar 22, 2010 2:15pm Mar 22, 2010 2:15pm
Quoting Scrat
let me see... if i were a hungry shark looking for stops and shaking out everyone, what would i do... hm... ... oh i know! shoot up in pre-asia to 137.50 and then leave it there for the rest of the week.
how's that working?
I would like that very much, sir.
check out my blog: forexmademillionaire dot com
  • #219,126
  • Mar 22, 2010 2:26pm Mar 22, 2010 2:26pm
yeah, that would work for me too
i've got a lot to do this week and i don't have time to babysit a couple of tired upthrusts... so the sooner the better thank you big shark much appreciated .

Quoting Geppy
I would like that very much, sir.
Nihil Sine Deo.
  • #219,127
  • Mar 22, 2010 2:55pm Mar 22, 2010 2:55pm
Quoting crazy horse
here is my last charting post on this forum..will still be a lurker,and poster but no more charting posts and explanations ..all the best in the future..
I'm bored... anyone care to assist me in setting the over/under on number of days it takes Gucc to invalidate this statement?

10 days... 3... 6? What's your guess?
check out my blog: forexmademillionaire dot com
  • #219,128
  • Mar 22, 2010 3:06pm Mar 22, 2010 3:06pm
Quoting Geppy
I'm bored... anyone care to assist me in setting the over/under on number of days it takes Gucc to invalidate this statement?

10 days... 3... 6? What's your guess?
LOL he deleted his post... classic!
check out my blog: forexmademillionaire dot com
  • #219,129
  • Mar 22, 2010 6:03pm Mar 22, 2010 6:03pm
Man! S-H-S should work..That is enough hehe

http://i40.tinypic.com/307s2g0.gif
  • #219,130
  • Mar 22, 2010 7:10pm Mar 22, 2010 7:10pm
Hey Scrat, enjoying the view?
check out my blog: forexmademillionaire dot com
  • #219,131
  • Mar 22, 2010 7:46pm Mar 22, 2010 7:46pm
oh yeah, i'm in the train sipping a cup of... green pips.

Quoting Geppy
Hey Scrat, enjoying the view?
Nihil Sine Deo.
  • #219,132
  • Mar 22, 2010 7:47pm Mar 22, 2010 7:47pm
The 135.85 area should offer some incredible support... SHOULD. That's not a "push all your chips in and margin to the hilt kids". But I'll be adding longs should we get there again.
check out my blog: forexmademillionaire dot com
  • #219,133
  • Mar 22, 2010 7:49pm Mar 22, 2010 7:49pm
135.85/65

Quoting Geppy
The 135.85 area should offer some incredible support... SHOULD. That's not a "push all your chips in and margin to the hilt kids". But I'll be adding longs should we get there again.
Nihil Sine Deo.
  • #219,134
  • Mar 22, 2010 8:00pm Mar 22, 2010 8:00pm
Quoting Scrat
135.85/65
You know me... always on the aggressive side of that "/"
check out my blog: forexmademillionaire dot com
  • #219,135
  • Mar 22, 2010 8:05pm Mar 22, 2010 8:05pm
yes i know, i used to trade like you before but... s.hit happens... so learned my lesson well .

Quoting Geppy
You know me... always on the aggressive side of that "/"
Nihil Sine Deo.
  • #219,136
  • Mar 22, 2010 8:34pm Mar 22, 2010 8:34pm
Quoting grashid
Let watch how today close.

136.20 is my key atm...good luck all n cacth u guys later tomorrow.....

g
137.40/50 next? mm
  • #219,137
  • Mar 22, 2010 8:34pm Mar 22, 2010 8:34pm
Quoting Scrat
yes i know, i used to trade like you before but... s.hit happens... so learned my lesson well .
haha... meh, works for me.
check out my blog: forexmademillionaire dot com
  • #219,138
  • Mar 22, 2010 9:14pm Mar 22, 2010 9:14pm
Sentiment:- Bearish
Reason:-

  1. Fundamental – In terms of current economy strength and political stability, I believe JPY is slightly better GBP.
  2. Technical – The major trend is down, but having pullback.

To do:-

  1. Ichimoku trend trading – I will monitor the movement of GBPJPY on H4 and H1. If C/S and candlestick can cross the kumo downward, I think GBPJPY will resume its bearish journey. Then I will be looking good entry signal on H1.
  2. Pivot point trading – No intraday trading due to pullback.

http://myinvest888.files.wordpress.c...ng?w=484&h=248

  • #219,139
  • Mar 22, 2010 11:37pm Mar 22, 2010 11:37pm
[quote=myinvest888;3574732]Sentiment:- Bearish
Reason:-

  1. Fundamental – In terms of current economy strength and political stability, I believe JPY is slightly better GBP.
  2. Technical – The major trend is down, but having pullback.

To do:-[list=1]


daily bro...min 200-300pips up with atleast 138/138.10 from current low...
watch london open for better clue to confirm this view...

still holding all my long with step by step profit taking n 137.40 is my next observation..

just my poor view

  • #219,140
  • Mar 23, 2010 12:13am Mar 23, 2010 12:13am
Quoting ukdaytrader
Not sure what you guys want. It's already flown up 150 pips from the low spike and fell a healthy 150 before that. 300 pips not enough for you?

Look at UY. If that decides to join the bull club, then yea, we'll go higher, but until Dollar strengthens, the other Yen pairs will not fly.

Looking at Dow, I think Yen is the weaker currency compared to Usd. PA looks indecisive but I think UJ will manage to break the range to the upside
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