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

  • #224,741
  • May 17, 2010 1:52am May 17, 2010 1:52am
Wa taken out on the 300 pip fall on GU during Asia. Never mind, another business expense. Back in Long GU @ 143, targets 148 and above.
  • #224,742
  • May 17, 2010 1:58am May 17, 2010 1:58am
Wa taken out on the 300 pip fall on GU during Asia. Never mind, another business expense. Back in Long GU @ 143, targets 148 and above.

i don't think it will go that far, it may still fall.
  • #224,743
  • May 17, 2010 2:02am May 17, 2010 2:02am
Quoting direct-trade
Wa taken out on the 300 pip fall on GU during Asia. Never mind, another business expense. Back in Long GU @ 143, targets 148 and above.
I would be careful with that strategy just saying...I actually see 131. then 128 then 120 and 118....next
  • #224,744
  • May 17, 2010 2:05am May 17, 2010 2:05am
daily is telling of a continues fall
  • #224,745
  • May 17, 2010 2:07am May 17, 2010 2:07am
Quoting kourtney
I would be careful with that strategy just saying...I actually see 131. then 128 then 120 and 118....next
It will drop but i be [email protected]. Takes time
  • #224,746
  • May 17, 2010 2:10am May 17, 2010 2:10am
Quoting special0nefx
It will drop but i be [email protected]. Takes time
I'm short at 132.60. I'm actually hoping that it goes to 134.30 to trigger my second short. Then I can hold 134.30 for 130.30 for 400 pips. Let's see if price will cooperate.
  • #224,747
  • May 17, 2010 2:45am May 17, 2010 2:45am
We will see a new low at 125 soon as stated last week just wait for it just a matter of time. . . Weekly bearishnesss has been activated!
  • #224,748
  • May 17, 2010 2:46am May 17, 2010 2:46am
Quoting $teve
I'm short at 132.60. I'm actually hoping that it goes to 134.30 to trigger my second short. Then I can hold 134.30 for 130.30 for 400 pips. Let's see if price will cooperate.
Either way I'm happy. At least I got one position riding short this time. Target set for 130.40.
  • #224,749
  • May 17, 2010 2:48am May 17, 2010 2:48am
Quoting quecee5
We will see a new low at 125 soon as stated last week just wait for it. . .
125 is but I can't hold my position that long. I pee my pants when I'm 50 pips in profit. Letting it go for 500+ isn't my cup of tee. But I'm sure will be jumping in and out here and there all the way down. BTW, great call bro. Let's see if 125 can be achieved this week.
  • #224,750
  • May 17, 2010 2:51am May 17, 2010 2:51am
Quoting $teve
125 is but I can't hold my position that long. I pee my pants when I'm 50 pips in profit. Letting it go for 500+ isn't my cup of tee. But I'm sure will be jumping in and out here and there all the way down. BTW, great call bro. Let's see if 125 can be achieved this week.
I get that. . . 139.50 and last weeks run-up was the trigger and now here we go. . . Hope no one is still waiting for 141.50/143 at this point because we will break down sooner rather than later...
  • #224,751
  • May 17, 2010 2:55am May 17, 2010 2:55am
The new range now is 135.88 - 129.22 a break of 129.22 will put us yet in another new range 129.22 - 125.22 - step by step. . .
  • #224,752
  • May 17, 2010 2:55am May 17, 2010 2:55am
Maybe 125 to 145? There was a bounce from 119 to 163 so anything is possible.
  • #224,753
  • May 17, 2010 2:56am May 17, 2010 2:56am
Quoting quecee5
The new range now is 135.88 - 129.22 a break of 129.22 will put us yet in another new range 129.22 - 125.22 - step by step. . .
So what do you see after 125? New all-time low or 145?
  • #224,754
  • May 17, 2010 2:57am May 17, 2010 2:57am
Quoting quecee5
The new range now is 135.88 - 129.22 a break of 129.22 will put us yet in another new range 129.22 - 125.22 - step by step. . .
Hi Q, i have my new sell [email protected]. Should be a nice point to break previous low 129.22 to 125. Retrace possible for london i guess before us session start.
  • #224,755
  • May 17, 2010 2:58am May 17, 2010 2:58am
Quoting quecee5
The new range now is 135.88 - 129.22 a break of 129.22 will put us yet in another new range 129.22 - 125.22 - step by step. . .
  • #224,756
  • May 17, 2010 3:11am May 17, 2010 3:11am
shaking out weak shorts now is it? just need confirmation
Shit Happens
  • #224,757
  • May 17, 2010 3:14am May 17, 2010 3:14am
Quoting 5ysfx
Don't be so excited about USD strength vs aud nzd currencies,
1.Australia needs strong currency for trade with China.
2.Australia is far away from europe and may be threaten like safe heaven.
3.From EW point of view this looks like flat correction in wave 4 so more still to come if 0.85 hold for a few days.
4.Daily ema200 has not been broken yet actually price sits on it now.
5.USD index hit UTL on bearish div
6.This is just USD...
ur choice

What I see on my charts is 0.8600 minimum. I've been short since the 0.9000 level. Get rid of all of the squiggly lines on your chart and you can see what I mean.
Every time you use 'hopium' in a post, God kills a kitten.
  • #224,758
  • May 17, 2010 3:15am May 17, 2010 3:15am
Quoting quecee5
The new range now is 135.88 - 129.22 a break of 129.22 will put us yet in another new range 129.22 - 125.22 - step by step. . .
but also monthly bearishness on USD has been activated
  • #224,759
  • May 17, 2010 3:15am May 17, 2010 3:15am
are we going up? i still can imagine, but let's see the next 30minute
  • #224,760
  • May 17, 2010 3:19am May 17, 2010 3:19am
Quoting kings4ril
are we going up? i still can imagine, but let's see the next 30minute
Up got [email protected]. Need to break 1st, but is retracement , take care
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