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

  • #226,441
  • May 27, 2010 5:35am May 27, 2010 5:35am
Quoting karmostaji
I learned a long time ago to never trade the news, and just to follow my chart
Actualyl I wasn't trading with the news. Price is good for turning point. Just waited for the news to get a nice push down but looks like people can't read the news anymore.
  • #226,442
  • May 27, 2010 5:49am May 27, 2010 5:49am
Karmostaji, what do think is happening now? are bears gone for now?
Quoting karmostaji
I learned a long time ago to never trade the news, and just to follow my chart
  • #226,443
  • May 27, 2010 6:13am May 27, 2010 6:13am
mwhahaha! People are slow these days but well better late than never haha
  • #226,444
  • May 27, 2010 6:17am May 27, 2010 6:17am
i hope everyone read it,,its now deleted !
  • #226,445
  • May 27, 2010 6:19am May 27, 2010 6:19am
Quoting fullhouse
i hope everyone read it,,its now deleted !
how can everyone read it, if your post is just a minute old?
Quote
May 27, 2010 11:17am (1 min ago) fullhouse i hope everyone read it,,its now deleted ! http://cdn.forexfactory.com/images/s...im/winking.gif
If it floats, flies, or f%^ks, rent it, it's cheaper.
  • #226,446
  • May 27, 2010 6:23am May 27, 2010 6:23am
Quoting n000b
how can everyone read it, if your post is just a minute old?

it was on for 5 miin ... ? will post again in US open ,when they r back !
  • #226,447
  • May 27, 2010 6:26am May 27, 2010 6:26am
As I said above by the time the Asian markets open 130 will be on the cards again. IMHO

Good pips everybody.

Regards
Nectarios
  • #226,448
  • May 27, 2010 6:30am May 27, 2010 6:30am
Buy on dips and target the daily38.2 fibo around 134
Attached Image (click to enlarge)
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  • #226,449
  • May 27, 2010 6:45am May 27, 2010 6:45am
Quoting fullhouse
it was on for 5 miin ... ? will post again in US open ,when they r back !
I sent you a PM.
  • #226,450
  • May 27, 2010 6:50am May 27, 2010 6:50am
Quoting KeyframeHR
I sent you a PM.
yes,,i received ,,thnx for that ..we will keep in touch .hope you get back into trading !

all the best
  • #226,451
  • May 27, 2010 6:53am May 27, 2010 6:53am
I still feel it has not got out of the the bearish flag even on 1H, on 4H it is still below the major TL. 130 is one the cards from 1H point of view and 129 if 4H does not close above131.4.
charts attached. first one is 4H and second one is 1H.
comments from seniors are appreciated.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gj2705101h.GIF Size: 24 KB
  • #226,452
  • May 27, 2010 7:05am May 27, 2010 7:05am
130.6 - 130.7 should act like support if Bulls are still in the building.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #226,453
  • May 27, 2010 7:37am May 27, 2010 7:37am
US figures just released are bellow expectations. JPY will atract more buyers in the short term. 130 by the end of the US trading day & might get to 129 when the Asian markets open. HMHO.
Regards
Nectarios
  • #226,454
  • May 27, 2010 7:37am May 27, 2010 7:37am
Quoting kourtney
im dissapointed dude... anyway...im shorting now from 131.70 to 130.70...100 pipsis and i will go sleep

good luck everybody.

and Im out....good day or night everybody....

i think will bounce back to 131.20 and then d won to 130.20

current from 130.63....but im too tired...

good luck amigos
  • #226,455
  • May 27, 2010 7:44am May 27, 2010 7:44am
Quoting kourtney
and Im out....good day or night everybody....

i think will bounce back to 131.20 and then d won to 130.20

current from 130.63....but im too tired...

good luck amigos
Can i know what is the meaning of amigos?
Still in Channel and hit UTL should coming down now all the way to 129.xx
Today close should be important. Maybe the 1st time we may see close above 5EMa on Daily
  • #226,456
  • May 27, 2010 8:38am May 27, 2010 8:38am
Quoting special0nefx
Can i know what is the meaning of amigos?
Still in Channel and hit UTL should coming down now all the way to 129.xx
Today close should be important. Maybe the 1st time we may see close above 5EMa on Daily
Amigos = Friends.

Amigos is a Portuguese word and also a Spanish word which means the same in both languages = friends!

  • #226,457
  • May 27, 2010 8:41am May 27, 2010 8:41am
Quoting Leeson
Amigos = Friends.

Amigos is a Portuguese word and also a Spanish word which means the same in both languages = friends!

Thanks, My dear amigos. Happy trading , wish you green pips
  • #226,458
  • May 27, 2010 8:42am May 27, 2010 8:42am
Quoting Geppy
I hope you got your longs off and are now net short, bud.
Good afternoon Geppy!

Final result was positive!!

Locked in profits from the short and immediately opened a long which was closed this morning @ 131.20 together with the first original long!

Begginers luck!!

Never again I will be hedging a loosing position!

Thanks again for your help and guidance. It proved priceless!
  • #226,459
  • May 27, 2010 8:48am May 27, 2010 8:48am
Glad you made it through relatively unscathed man... congrats!

Quoting Leeson
Good afternoon Geppy!

Final result was positive!!

Locked in profits from the short and immediately opened a long which was closed this morning @ 131.20 together with the first original long!

Begginers luck!!

Never again I will be hedging a loosing position!

Thanks again for your help and guidance. It proved priceless!
check out my blog: forexmademillionaire dot com
  • #226,460
  • May 27, 2010 8:59am May 27, 2010 8:59am
Given the H&S forming, and the touch of the 4H strong DTL, could one safely see a move down soon, let us say, if the Weekly Pivot breaks ?
Hello.
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