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

  • #233,361
  • Jan 20, 2011 6:40am Jan 20, 2011 6:40am
Quoting maanawi
watch out this trend line could be a good reverse area ( / 132.03 / up to .12 plus the red trend line)

my GJ short hit the SL yesterday and im still holding the EU short postion
no comment
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  • #233,362
  • Edited 7:38am Jan 20, 2011 7:25am | Edited 7:38am
Quoting Big Bruv
Hi everyone

Just updated my bias on geppy...on da blog

Happy Pippin
on wednesday you post "dont buy anyhmore we are going to drop like nothing before"
2day you said BUY!! stops below 2day's low ? explotion is coming soon?

srry wht is your biased ?
  • #233,363
  • Jan 20, 2011 7:55am Jan 20, 2011 7:55am
I'm a little surprised how GU is currently tanking now! I have it long @ 1.60335 on a retracement fib with 1st target 1.64363 but it currently is taking a HUGE retracement... I traded it from the Daily chart so I guess I should have known that I'd perhaps have to endure a huge drawdown like it's currently doing!

My question is... how much lower do you think it should go before ultimately going back up? Because I drew a diagonal trendline on the daily from start: May 19, 2010 until about the end of December and I really think it should start heading back up..... all thoughts are wanted please! Otherwise I might have to jump on a short as I'm upside down 400 pips on this currency pair alone!!

HELP!!
  • #233,364
  • Jan 20, 2011 8:03am Jan 20, 2011 8:03am
gbpusd break 1.5910.so my target is 1.5663 resistance become support.if 1.5663 hold we may see another high for gbpusd

http://screencast.com/t/W7t8QY6Yzm7

eurusd also break 1.3456 support.so my target is 1.3245 next support.

http://screencast.com/t/xknQDxSQv


for fundamental unemployment claim n homes positive data.but manufacture index negatif.so 2-1 for usd.So i can said bull for usd.
Gold Expedition Return This Year: -15.9%
  • #233,365
  • Jan 20, 2011 8:46am Jan 20, 2011 8:46am
Quoting gucci1
on wednesday you post "dont buy anyhmore we are going to drop like nothing before"
2day you said BUY!! stops below 2day's low ? explotion is coming soon?

srry wht is your biased ?
..woi mate..forgot to v u...nah

p/s: make sure no other multiple name after this
  • #233,366
  • Jan 20, 2011 11:08am Jan 20, 2011 11:08am
my troops is dead, ammo finnised - bulls running over --- closed GJ--

wait for 129.40 ---

back focusing on eur/aud and aud/cad
  • #233,367
  • Jan 20, 2011 12:54pm Jan 20, 2011 12:54pm
Quoting TradeBugger
I'm a little surprised how GU is currently tanking now!...
400 pips? how is that possible when its only dropped 220? and has retraced another 60 or so..

Simple to just close it and take the loss.
  • #233,368
  • Jan 20, 2011 3:26pm Jan 20, 2011 3:26pm
Quoting maanawi
watch out this trend line could be a good reverse area ( / 132.03 / up to .12 plus the red trend line)

my GJ short hit the SL yesterday and im still holding the EU short postion
..
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  • #233,369
  • Jan 20, 2011 7:04pm Jan 20, 2011 7:04pm
Yesterday's trade stopped out.

Now waiting for breakout and retest.
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  • #233,370
  • Jan 20, 2011 7:38pm Jan 20, 2011 7:38pm
Weekly and Daily.
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  • #233,371
  • Jan 20, 2011 8:57pm Jan 20, 2011 8:57pm
Quoting budak baru
gbpusd break 1.5910.so my target is 1.5663 resistance become support.if 1.5663 hold we may see another high for gbpusd

http://screencast.com/t/W7t8QY6Yzm7

eurusd also break 1.3456 support.so my target is 1.3245 next support.

http://screencast.com/t/xknQDxSQv


for fundamental unemployment claim n homes positive data.but manufacture index negatif.so 2-1 for usd.So i can said bull for usd.
as long eurusd resistance 1.3499 hold my bias is still down.also if gbpusd break 1.5910 gbpusd also going down...
Gold Expedition Return This Year: -15.9%
  • #233,372
  • Jan 20, 2011 9:16pm Jan 20, 2011 9:16pm
As long 131.85 hold.my target is at 129.38 support.
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Gold Expedition Return This Year: -15.9%
  • #233,373
  • Jan 21, 2011 1:20am Jan 21, 2011 1:20am
eu rising wedge...still waiting for a drop....

http://screencast.com/t/df1RwTqg3T
Gold Expedition Return This Year: -15.9%
  • #233,374
  • Jan 21, 2011 1:37am Jan 21, 2011 1:37am
Quoting maanawi
Hello Raza,

any update bro about EU?
I went short @ 13485 with 60 pips SL and open TP.
Sorry didnot see the post till now...so 1.3394 held,,and bounced..

Now price at 1.3566...I would say if it doesnot retrace now then ..UPside resistence is 1.3605..... AND ANYDAY IF IT IS ABOVE 1.3658... dONOT SELL THIS tHING
Markets are not Random, they are designed!
  • #233,375
  • Jan 21, 2011 1:47am Jan 21, 2011 1:47am
1.5909 resistance hold.so my target is resistance become support at 1.5663.also negative data for gbp.

http://screencast.com/t/8PEjUabdxm
Gold Expedition Return This Year: -15.9%
  • #233,376
  • Jan 21, 2011 5:16am Jan 21, 2011 5:16am
GJ
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  • #233,377
  • Jan 21, 2011 6:01am Jan 21, 2011 6:01am
Quoting Raza
Sorry didnot see the post till now...so 1.3394 held,,and bounced..

Now price at 1.3566...I would say if it doesnot retrace now then ..UPside resistence is 1.3605..... AND ANYDAY IF IT IS ABOVE 1.3658... dONOT SELL THIS tHING
thank you Raza for your view
  • #233,378
  • Jan 21, 2011 10:09am Jan 21, 2011 10:09am
Here is my view ...no more long until we see a retest on weekly and load more if gann flip as i look so right now..WOULD LOVE TO SEE 200-300 PIPS DROP BEFORE GOING LONG AGAIN. MY CENT
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MY OPINION NOT FINANCIAL ADVISE
  • #233,379
  • Jan 21, 2011 12:45pm Jan 21, 2011 12:45pm
Quoting donfriday
Here is my view ...no more long until we see a retest on weekly and load more if gann flip as i look so right now..WOULD LOVE TO SEE 200-300 PIPS DROP BEFORE GOING LONG AGAIN. MY CENT
flip your view ---- no more shorts sounds better
  • #233,380
  • Jan 21, 2011 11:49pm Jan 21, 2011 11:49pm
hi guys.This is my gu 15m view.if 1.6008 resistance hold.im selling to next support at 1.5934.but if 1.6008 break 1.6036 and 1.6058 will be next target.
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Gold Expedition Return This Year: -15.9%
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