LOL, prolly should rephrase. Just wishing the GBPCHF to dip down another 30 odd pips so i can TP. It could fly northwards afterwards for all i care, it'll just give me another chance to short it back down.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #231,321
- Aug 31, 2010 2:26am Aug 31, 2010 2:26am
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
- #231,322
- Aug 31, 2010 2:34am Aug 31, 2010 2:34am
- Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts
- #231,324
- Aug 31, 2010 2:46am Aug 31, 2010 2:46am
TP'd 1.574
"if we would go bullish the next sessions and we dont take out 128.60,then this is the outlook what will happen ! we will go as high as 135.90 . look where sit the upper TL of triangle and daily TL and ASWELL THE 78.6 FIB.. they are all right at one level ! potent ? i tihnk so !!
so hopefully we can push it higher to 135.90, so we can have a 5 leg and not a 3 leg. if we would break lower in the next hours ,we can still bounce of 128.60 and DB and bounce higher,,or if we break 128.60,it will be a sloppy trend down to lower levels----then i dont bother really ..
so this is my play ,and wish for that 135.90 test so christmas can come a bit early this year!
take a look at aud/jpy and nzd/jpy daily's ..both in triangle play
aud/jpy- symmitrical
nzd/jpy- descending wedge
- #231,325
- Aug 31, 2010 2:55am Aug 31, 2010 2:55am
- Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts
Scalp now.Will position on 4hr close.However I believe 4hr should close below 129.65 for bear to continue.
- #231,331
- Aug 31, 2010 5:19am Aug 31, 2010 5:19am
- Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts
- #231,333
- Aug 31, 2010 5:36am Aug 31, 2010 5:36am
- Joined Mar 2009 | Status: Trader | 1,094 Posts
Gunna stay long for the moment.
In fact, just added a second small long position here. (130.12). S/L just below last low. It seems obvious yes, but volumes have remained steady all session, so I think buyers are stopping a break through. (for now).
Sterling also needs Dollar to fall as strongly IMO and despite what the media are telling us, Dollar has held up pretty well.
There will be some Sterling selling today due to end of month flows, but UY holds the key to 129.5.
- #231,335
- Aug 31, 2010 6:34am Aug 31, 2010 6:34am
- Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts
hit my GU TP. out here & done for the day. probably a bit more downside to come, but off for dinner and a movie.
good luck with your trades.
good luck with your trades.
- #231,336
- Aug 31, 2010 7:08am Aug 31, 2010 7:08am
- Joined Jan 2007 | Status: Trader | 3,719 Posts
Nihil Sine Deo.
- #231,339
- Aug 31, 2010 7:17am Aug 31, 2010 7:17am
- Joined Jan 2007 | Status: Trader | 3,719 Posts
Nihil Sine Deo.
