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

  • #226,761
  • Jun 1, 2010 4:46am Jun 1, 2010 4:46am
Quoting fullhouse
nope..in no trade zone..ress all over from 133.50 upto 137..

wait for reversal signs !!

gbp/usd better option to sell at 1.4720
Thks!
  • #226,762
  • Jun 1, 2010 4:49am Jun 1, 2010 4:49am
If 133.20 gives in the next hour, there's the entire US session for the bull to roam. 134.50 and 135.50 are possible targets for today.
  • #226,763
  • Jun 1, 2010 4:58am Jun 1, 2010 4:58am
US opens in 2 minutes...get ready
  • #226,764
  • Jun 1, 2010 5:03am Jun 1, 2010 5:03am
if we are in the range, then US market might be more willing to sell it.
yesterday that was similar scenario.
In Europe it was rising and US dumped it all
Quoting Nectarios
US opens in 2 minutes...get ready
  • #226,765
  • Jun 1, 2010 5:04am Jun 1, 2010 5:04am
wave 5?
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  • #226,766
  • Jun 1, 2010 5:15am Jun 1, 2010 5:15am
Quoting Nectarios
US opens in 2 minutes...get ready
Nothing opens at 8am EST. It's a meaningless time. fx traders in NY come in at various times. The equity markets open at 9:30 EST; 9am for BOC release.
  • #226,767
  • Jun 1, 2010 5:28am Jun 1, 2010 5:28am
Wanna know which is bull or bear. Wait until this 2 range 130.80 / 132.80 broken. I need to see a higher high in price before i can target higher. I'm selling from 132.60
Read the entire market, money is made on the main trend not the fluctuation
  • #226,768
  • Jun 1, 2010 5:29am Jun 1, 2010 5:29am
Quoting Geppy
Well, my average is 132.22 now which is probably why I wasn't too picky about where I just added (probably should have waited a bit) but yes, target seems achievable perhaps even today.
Funny, my average shorts = 132.20
But I think your target might be too far away. We'll see.
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  • #226,769
  • Jun 1, 2010 5:33am Jun 1, 2010 5:33am
Quoting KillerWhale
Funny, my average shorts = 132.20
But I think your target might be too far away. We'll see.
My target = 130.00, close to 78.3 fib
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  • #226,770
  • Jun 1, 2010 6:02am Jun 1, 2010 6:02am
Quoting Kofmaster
Wanna know which is bull or bear. Wait until this 2 range 130.80 / 132.80 broken. I need to see a higher high in price before i can target higher. I'm selling from 132.60
That range feels like 30 pips at any time during pre-fat finger Thursday.
  • #226,771
  • Jun 1, 2010 6:07am Jun 1, 2010 6:07am
In my opinion it's always a bad trade when your target profit is less than your risk regardless of outcome.

Quoting Leeson
I think I just made a bad short... @132.27 [email protected] [email protected]
check out my blog: forexmademillionaire dot com
  • #226,772
  • Jun 1, 2010 6:21am Jun 1, 2010 6:21am
All right!!! Go go power rangers!!!!!!!
  • #226,773
  • Jun 1, 2010 6:26am Jun 1, 2010 6:26am
oops.. i'm out
Read the entire market, money is made on the main trend not the fluctuation
  • #226,774
  • Jun 1, 2010 6:34am Jun 1, 2010 6:34am
I'm not buying this markup. Although given the epileptic nature of GY,GU, it's hard to pick a ceiling here. NY will send this down IMO.
  • #226,775
  • Jun 1, 2010 6:41am Jun 1, 2010 6:41am
Expect 136.32 (50% fib level). Daily QQE is up and PA is above daily GANN.
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  • #226,776
  • Jun 1, 2010 6:41am Jun 1, 2010 6:41am
Hi all,
I'm waiting that the price stabilize to short.
I wish a lot of pips for every one this week.
Don't be smart. Be rich.
  • #226,777
  • Jun 1, 2010 7:03am Jun 1, 2010 7:03am
Quoting Beljevina
I'm not buying this markup. Although given the epileptic nature of GY,GU, it's hard to pick a ceiling here. NY will send this down IMO.
I don't understand why don't buy? We just hit the previous resistance at 130.60/130.80 which turn into hard support. The price bounce significantly from there.
Read the entire market, money is made on the main trend not the fluctuation
  • #226,778
  • Jun 1, 2010 7:08am Jun 1, 2010 7:08am
Finally 134.Closing my half pos here and other half at break even.
  • #226,779
  • Jun 1, 2010 7:15am Jun 1, 2010 7:15am
I'm not a convinced buyer yet either...

Quoting Beljevina
I'm not buying this markup. Although given the epileptic nature of GY,GU, it's hard to pick a ceiling here. NY will send this down IMO.
check out my blog: forexmademillionaire dot com
  • #226,780
  • Jun 1, 2010 7:24am Jun 1, 2010 7:24am
http://www.forexfactory.com/showpost...stcount=226701

we may see 135.40 today or tom

134.50 strong bounci ng levelfor now
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