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

  • #224,501
  • May 14, 2010 2:34am May 14, 2010 2:34am
Quoting $teve
I'm tempted to take long at 135 but I'd rather wait for 135.60 and 136 to short scalp again as many times as it takes. I think price will eventually break downward. I must admit this volatility has provided some very nice easy pips scalping.
I hope u didnt.
  • #224,502
  • May 14, 2010 2:35am May 14, 2010 2:35am
we wont see above 135.70 for a very long time 133 next ,then a possiibiltiy to touch the low of last week,by end of trading day..who knows,,but down we go
  • #224,503
  • May 14, 2010 2:36am May 14, 2010 2:36am
Quoting fullhouse
we wont see above 135.70 for a very long time 133 next ,then a possiibiltiy to touch the low of last week,by end of trading day..who knows,,but down we go
curious what your definition of a long time is?
check out my blog: forexmademillionaire dot com
  • #224,504
  • May 14, 2010 2:37am May 14, 2010 2:37am
Quoting fullhouse
we wont see above 135.70 for a very long time 133 next ,then a possiibiltiy to touch the low of last week,by end of trading day..who knows,,but down we go
u think we'll break 135 , i mean to the upside?, or do u think it'll hold.
  • #224,505
  • May 14, 2010 2:41am May 14, 2010 2:41am
Everybody strap on your seatbelts, its gonna be a bumpy ride
  • #224,506
  • May 14, 2010 2:41am May 14, 2010 2:41am
Quoting Geppy
curious what your definition of a long time is?

ok..we will see 128 before we go back up again above 135.70
  • #224,507
  • May 14, 2010 2:43am May 14, 2010 2:43am
Quoting Clouds
u think we'll break 135 , i mean to the upside?, or do u think it'll hold.
i tihnk we will see 128 first before we back up 135.70 ,,we are extreme bearish on daily and 4 hour ,,and look at cad/jpy ,,looks even better than gbp/jpy
  • #224,508
  • May 14, 2010 2:43am May 14, 2010 2:43am
I'd be VERY surprised if we didn't reach 130 by this week's end.
  • #224,509
  • May 14, 2010 2:44am May 14, 2010 2:44am
Quoting fullhouse
i tihnk we will see 128 first before we back up 135.70 ,,we are extreme bearish on daily and 4 hour ,,and look at cad/jpy ,,looks even better than gbp/jpy
what i meant was, after the 135 break, do u think 135 will hold it as resistance?
  • #224,510
  • May 14, 2010 2:46am May 14, 2010 2:46am
Quoting Clouds
I'd be VERY surprised if we didn't reach 130 by this week's end.
we might see 130 in 10 minutes
  • #224,511
  • May 14, 2010 2:49am May 14, 2010 2:49am
Quoting Clouds
what i meant was, after the 135 break, do u think 135 will hold it as resistance?
weekly supp was @ 135.70 and we close on daily below that and it hold so far ... safe way is 136 will hold ,, even with the bounce at 133..then we most likely will bounce back up to weekly sup at 135.70 ,then down again 130 ---128----125 and lower
  • #224,512
  • May 14, 2010 2:54am May 14, 2010 2:54am
Quoting fullhouse
weekly supp was @ 135.70 and we close on daily below that and it hold so far ... safe way is 136 will hold ,, even with the bounce at 133..then we most likely will bounce back up to weekly sup at 135.70 ,then down again 130 ---128----125 and lower
No upside at all, huh?
Biggest joker
  • #224,513
  • May 14, 2010 2:54am May 14, 2010 2:54am
you just cant get a more bearish signal what the cad/jpy is right now,,

geppy,,you are more for a bounce up..look at the cad/jpy daily and 4 hour,,and look at 55 and 200 ema ? there is just no way we will bounce now ?/ huh ?

gbp/jpy looks a bit undecided for me ,,but not the cad/jpy

why is your view in for a bounce ?? whats the reasons ? only the diverg. on lower TF ?

you might be right ,but i cant see it form any angle
  • #224,514
  • May 14, 2010 2:55am May 14, 2010 2:55am
Quoting fullhouse
weekly supp was @ 135.70 and we close on daily below that and it hold so far ... safe way is 136 will hold ,, even with the bounce at 133..then we most likely will bounce back up to weekly sup at 135.70 ,then down again 130 ---128----125 and lower
hmm. i think 135 will hold. my sl above it, tp 130, or close trade tomorrow, new plan next week.
  • #224,515
  • May 14, 2010 2:56am May 14, 2010 2:56am
Quoting fullhouse
you just cant get a more bearish signal what the cad/jpy is right now,,

geppy,,you are more for a bounce up..look at the cad/jpy daily and 4 hour,,and look at 55 and 200 ema ? there is just no way we will bounce now ?/ huh ?

gbp/jpy looks a bit undecided for me ,,but not the cad/jpy

why is your view in for a bounce ?? whats the reasons ? only the diverg. on lower TF ?

you might be right ,but i cant see it form any angle
all /jpy and /usd pairs are bearish . (risk off)
  • #224,516
  • May 14, 2010 2:56am May 14, 2010 2:56am
Quoting fullhouse
you just cant get a more bearish signal what the cad/jpy is right now,,

geppy,,you are more for a bounce up..look at the cad/jpy daily and 4 hour,,and look at 55 and 200 ema ? there is just no way we will bounce now ?/ huh ?

gbp/jpy looks a bit undecided for me ,,but not the cad/jpy

why is your view in for a bounce ?? whats the reasons ? only the diverg. on lower TF ?

you might be right ,but i cant see it form any angle
If there isn't a CAD/JPY thread you should definitely create one. If I hear you talk about it one more time I swear I'm gonna start whacking my head against a wall. You're sounding like a penny stock pump and dumper.
check out my blog: forexmademillionaire dot com
  • #224,517
  • May 14, 2010 3:01am May 14, 2010 3:01am
Quoting Geppy
If there isn't a CAD/JPY thread you should definitely create one. If I hear you talk about it one more time I swear I'm gonna start whacking my head against a wall. You're sounding like a penny stock pump and dumper.
what you talking about, CAD/JPY is cool. see the shampoo, breakout, fakeout, ATR MA cross, QQE cross, RSX cross, MACD/RSI Divergence with GMMA inflections blah blah blah blah blah
  • #224,518
  • May 14, 2010 3:01am May 14, 2010 3:01am
Quoting Geppy
If there isn't a CAD/JPY thread you should definitely create one. If I hear you talk about it one more time I swear I'm gonna start whacking my head against a wall. You're sounding like a penny stock pump and dumper.
even if i turn my screens upside down i see bearish signals ,,, dont knoiw how do you see bullish bounce,,,but anyway gd luck bud ,,
  • #224,519
  • May 14, 2010 3:03am May 14, 2010 3:03am
Quoting Eulogy
what you talking about, CAD/JPY is cool. see the shampoo, breakout, fakeout, ATR MA cross, QQE cross, RSX cross, MACD/RSI Divergence with GMMA inflections blah blah blah blah blah

lol precisely... anyway, headed to bed. Got the stop, target, etc etc in place and time to get some ZZZzzzs
check out my blog: forexmademillionaire dot com
  • #224,520
  • May 14, 2010 3:04am May 14, 2010 3:04am
Quoting fullhouse
even if i turn my screens upside down i see bearish signals ,,, dont knoiw how do you see bullish bounce,,,but anyway gd luck bud ,,
not sure he was debating that. he was just saying, let's focus on gbp/jpy, as this thread is about it. even if you are short ALL /jpy crosses, better just talk about one on a thread that's about it. there are other threads that talk about all pairs called naked trading i think.
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