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

  • #225,541
  • May 20, 2010 3:18am May 20, 2010 3:18am
As stated earlier not trading GJ because GU and UJ not in same direction.
Waiting for a long in GU at 142.5 SL 142 1st target 145

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Don't be a hero. Don't have an ego. Always question yourself
  • #225,542
  • May 20, 2010 3:21am May 20, 2010 3:21am
Quoting Raza
Dangerous Short///IMO... Move could be Fast and Furious... Careful

May be I am saying this cause I am on the otherside.....Targettin Daily GANN...If not 50 ema...


Wait for the option expiry and watch Sterling climb IMO. Euro has been very strongly defended and Sterling has found buyers at support.
  • #225,543
  • May 20, 2010 3:27am May 20, 2010 3:27am
Quoting ukdaytrader


Wait for the option expiry and watch Sterling climb IMO. Euro has been very strongly defended and Sterling has found buyers at support.

me 2 saying ..no no ..dont sell !!!!!! if you dont are confidance on longs,,then sit on the sideline..its also a winner !!!

1 hour close with a thrust candle through 132.40 and close above ,,then look for longs.. but we are in no go zone ,,until we confirm for bulls...

wwe will bounce here at 130.90 until NY open ,,then thay will get as above and asian will follow through
  • #225,544
  • May 20, 2010 3:32am May 20, 2010 3:32am
Retail sales as expected. Interesting. Now what?
  • #225,545
  • May 20, 2010 3:41am May 20, 2010 3:41am
hi @ all, i have a question about trading plattform (broker) is anyone at ODLmarkets. where are you? whats the best in our opinion.

Im atm a client from ODLMakrket but in the next time they are merged with FXCM. Should i stay or change my broker.

Ty very much.
  • #225,546
  • Edited 4:01am May 20, 2010 3:51am | Edited 4:01am
Quoting ukdaytrader


Wait for the option expiry and watch Sterling climb IMO. Euro has been very strongly defended and Sterling has found buyers at support.
Ya I was thinking About it...

If you are playing E/A...There is No point Shorting till 152xx...IMO.. Wave#3 is about to end at 1.50xx...1000+ pips.....

G/J is Messy...I can see 127- 126..and I also see 136???

If Price can close above 132.50 we will se 136- 138..

Think next 2 hours are crucial...

Let us know when the Volume kicks in..please
Markets are not Random, they are designed!
  • #225,547
  • May 20, 2010 4:03am May 20, 2010 4:03am
I have heard about an option that is expected to expire... any more information? When should the option expire? Anticipated effect on the currency markets (esp. GJ).
Thanks,
Chazsani
  • #225,548
  • May 20, 2010 4:05am May 20, 2010 4:05am
Quoting kourtney
126 would be great... sux tomorrow i have to go to my gradution aghhh Im graduating people...

just to keep working what i already do FOREX!!!
how old are you? @@
Read the entire market, money is made on the main trend not the fluctuation
  • #225,549
  • May 20, 2010 4:06am May 20, 2010 4:06am
Quoting fullhouse
try look at this one... 0.85 mega supp... retrace back to 0.85 with a possible spike to 0.87 to confirm as ress and then drop to 0.77
..align with u on this...

Look like EY is the driver atm
  • #225,550
  • May 20, 2010 4:07am May 20, 2010 4:07am
Quoting fullhouse
try look at this one... 0.85 mega supp... retrace back to 0.85 with a possible spike to 0.87 to confirm as ress and then drop to 0.77
My opinion in this is.. if you notice the daily candle. Each of them is long and bear candle. Not until there is an green daily candle, I don't bet on retracement. Good luck
Read the entire market, money is made on the main trend not the fluctuation
  • #225,551
  • May 20, 2010 4:08am May 20, 2010 4:08am
Quoting ghuisthefirs
buy right now for tp 136 in the coming 4 hours

base on what dear friend?
  • #225,552
  • May 20, 2010 4:09am May 20, 2010 4:09am
Quoting clouds
congrats...

Kourtney, draw a tl from lows of a/u on daily, looks like it bouncing off the triangle, if it is valid, this could bring g/j up as well. U may also want to check out a eur/aud short

yeah was buying since last week closethem today good profits juts damn rollover ws huge!!
  • #225,553
  • May 20, 2010 4:17am May 20, 2010 4:17am
Quoting Kofmaster
how old are you? @@
I'm 22 started trading stocks for my mom 10 years ago... forex for 2 years now...but my boyfriend trades forex since 1996.

  • #225,554
  • May 20, 2010 4:17am May 20, 2010 4:17am
Quoting Kofmaster
My opinion in this is.. if you notice the daily candle. Each of them is long and bear candle. Not until there is an green daily candle, I don't bet on retracement. Good luck

thats why you HAVE to be patients in this game... dont bet for short ,and dont bet for long,.,,WAIT for the retracement to test ress ..it can take days ...but ill gaurentee you,,we will test it some time,,,

just keep watching it...dont jump in shorts yet.... wait for ress!
  • #225,555
  • May 20, 2010 4:18am May 20, 2010 4:18am
Quoting mwsteiner
hi @ all, i have a question about trading plattform (broker) is anyone at ODLmarkets. where are you? whats the best in our opinion.

Im atm a client from ODLMakrket but in the next time they are merged with FXCM. Should i stay or change my broker.

Ty very much.
FXCM and ODL are not the best brokers
my opinion is that eToro (1), CMS (2) and AvaFX (2)
look at that http://www.forextraders.com/forex-broker-reviews.html
  • #225,556
  • May 20, 2010 4:20am May 20, 2010 4:20am
Quoting fullhouse
thats why you HAVE to be patients in this game... dont bet for short ,and dont bet for long,.,,WAIT for the retracement to test ress ..it can take days ...but ill gaurentee you,,we will test it some time,,,

just keep watching it...dont jump in shorts yet.... wait for ress!
I shorted it yesterday, breakeven and targeting 300 pips
Read the entire market, money is made on the main trend not the fluctuation
  • #225,557
  • May 20, 2010 4:21am May 20, 2010 4:21am
Hmmm.....sometimes when it is all quiet there in the sky, when your looking out from your porch and feeling the electricity in the air while having this sense of foreboding tickling the hairs on the back of your neck... well that is what I am feeling at the moment

If 130.20 area does not break and the 132 does then I will look at adding longs and closing shorts but with tight stops below the hourly LTL that has form.... I would have like to see 126 and still do but the market is building up to a storm and whichever way it goes I am jumping in WITH the current... One more time down would help with the picture of a reversal....

135 is critical for the downtrend otherwise we will go back way up once again....

Thursdays with this pair has been averaging 600 pip moves with potential to over 900 pips so beware...

Love the tension in the air...
Traderdesk -
  • #225,558
  • May 20, 2010 4:24am May 20, 2010 4:24am
Quoting metlife777
FXCM and ODL are not the best brokers
my opinion is that eToro (1), CMS (2) and AvaFX (2)
look at that http://www.forextraders.com/forex-broker-reviews.html

Thank you

mwsteiner
  • #225,559
  • May 20, 2010 4:27am May 20, 2010 4:27am
we r still in ranging and good for those who like scalping...

as what one of friend 118 advice, just wait for anyone is breakout is the good way to release our tense...keep n stay way n back in 2-3 hr later...

then sure some result which may decide us where to go..

..continue my sleep

good luck

g
  • #225,560
  • May 20, 2010 4:47am May 20, 2010 4:47am
Quoting Kofmaster
I shorted it yesterday, breakeven and targeting 300 pips

i short it at 0.9000 and target 0.77 ..but my first add ons will be at ress 0.8570 ,hope your stop is way above that,,just a matter of time we will retrace back to it and confirm as ress ... we will go as low as 0.8150,but not lower than that and retrace back up ,,then the huge downfall will start...this you see is nothing ..you will see when we turn at ress and free fall for a 1000 pips ...

gl..ok back to gbp/jpy ---an inside reversal bar is develop on 1 hour...expect an upside breakout very SOON!!!!!
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