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GBP/JPY, GBP/USD, and EUR/USD (technical analysis)

  • #2,301
  • Jun 28, 2011 1:10am Jun 28, 2011 1:10am
Bro, take a look at weekly GU and UJ. Both major pair align with weekly GJ. When both (GU & UJ) start rising...nobody can stop GJ for 500 ~ 1000 pips upward.



Quoting pkimnyc
there is another engulfing candle. just like the one that we have and the bearish candle the next day with the close above previous day open. one of auslanco's favorite.
  • #2,302
  • Jun 28, 2011 1:12am Jun 28, 2011 1:12am
Quoting smurfs
shorts is risky - you are only 110 pips away from 128.00 - trust me you wont get it through 128.00 in a 48 hr trading period -
Lol, end of March last year a well known and well respected trader named Queecee5 said on the way up from this pair:

trust me you wont get it through 139.50 in a 48 hr trading period -

Next thing this pair did was slice right through it all the way to 144.00.

So much for "trust me"
I think it is better that I only trust myself.

Shamu
New voice message: Why are you calling me? If I need you, I'll call you!
  • #2,303
  • Jun 28, 2011 1:27am Jun 28, 2011 1:27am
Quoting KillerWhale
Lol, end of March last year a well known and well respected trader named Queecee5 said on the way up from this pair:

trust me you wont get it through 139.50 in a 48 hr trading period -

Next thing this pair did was slice right through it all the way to 144.00.

So much for "trust me"
I think it is better that I only trust myself.

Shamu
as if you've never been wrong in trading killer?
  • #2,304
  • Jun 28, 2011 1:36am Jun 28, 2011 1:36am
Quoting PandoraBox
Bro, take a look at weekly GU and UJ. Both major pair align with weekly GJ. When both (GU & UJ) start rising...nobody can stop GJ for 500 ~ 1000 pips upward.
Bro,GU weekly closed below 50EMA.
  • #2,305
  • Jun 28, 2011 1:41am Jun 28, 2011 1:41am
Bro, are you drunk ?

This pair can do anything within 48h.

2003 after London open, GJ spike nearly 1000 pips within 1h due to BOE rise rate.

2007 - GJ drop 1000 pips from 240, 1h after London open after BOE annouce rate cut.

2009 - During NY lunch time, GJ drop from 144 to 132. Due to stupid trader click sell button for 5 Million contract.

100 pips is nothing for GJ.




Quoting smurfs
trust me you wont get it through 128.00 in a 48 hr trading period -

-
  • #2,306
  • Jun 28, 2011 1:46am Jun 28, 2011 1:46am
Yes it closed below weekly 50 EMA but take a look at your weekly again. GU now at bloody mother support from 2.1.

If break it ...yes we drop...or we bounce from here.

Quoting honeybhi
Bro,GU weekly closed below 50EMA.
  • #2,307
  • Jun 28, 2011 1:51am Jun 28, 2011 1:51am
Quoting PandoraBox
Yes it closed below weekly 50 EMA but take a look at your weekly again. GU now at bloody mother support from 2.1.

If break it ...yes we drop...or we bounce from here.
Expecting to break down.

I want more discount price.

Lets c how she plays.
  • #2,308
  • Jun 28, 2011 2:38am Jun 28, 2011 2:38am
Quoting KillerWhale
Lol, end of March last year a well known and well respected trader named Queecee5 said on the way up from this pair:

trust me you wont get it through 139.50 in a 48 hr trading period -

Next thing this pair did was slice right through it all the way to 144.00.

So much for "trust me"
I think it is better that I only trust myself.

Shamu
q was as shocked by that move as were all off us but you remembered the post and the trade which tells me your mm served you well or am i wrong but from the start of your trading days you should always trust yourself this is after all only a forum and very few are idiots imo around here
  • #2,309
  • Jun 28, 2011 2:41am Jun 28, 2011 2:41am
Quoting pkimnyc
as if you've never been wrong in trading killer?
Lol, I was definitely very wrong in that trade last March 2010, otherwise I wouldn't remember this. It took me a week to recover the loss I incurred in 1 day there.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #2,310
  • Jun 28, 2011 3:43am Jun 28, 2011 3:43am
GBP/USD is targeting 1.59 for sure
  • #2,311
  • Edited 6:21am Jun 28, 2011 3:53am | Edited 6:21am
Quoting PandoraBox
Bro, are you drunk ?

This pair can do anything within 48h.

2003 after London open, GJ spike nearly 1000 pips within 1h due to BOE rise rate.

2007 - GJ drop 1000 pips from 240, 1h after London open after BOE annouce rate cut.

2009 - During NY lunch time, GJ drop from 144 to 132. Due to stupid trader click sell button for 5 Million contract.

100 pips is nothing for GJ.
during normal trading activity we wont break 127.50/128.00 in a 48hr period-

is here any news this week ? no

127.40/128 is not just any number out of the blue here-


i wont be surpised that 127.40/128 will hold this entire down move.
  • #2,312
  • Jun 28, 2011 4:16am Jun 28, 2011 4:16am
gj seems to be teasing....... i think the unexpected to happen sooner or later.for now the crowd isnt the best to follow!
  • #2,313
  • Jun 28, 2011 6:12am Jun 28, 2011 6:12am
expect the expected

BULLISH
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  • #2,314
  • Jun 28, 2011 7:35am Jun 28, 2011 7:35am
Entire mode now is bullish mate. Just get ready when she rise 500 pips upward.




Quoting smurfs
during normal trading activity we wont break 127.50/128.00 in a 48hr period-

is here any news this week ? no

127.40/128 is not just any number out of the blue here-


i wont be surpised that 127.40/128 will hold this entire down move.
  • #2,315
  • Jun 28, 2011 7:47am Jun 28, 2011 7:47am
Quoting KillerWhale
Lol, I was definitely very wrong in that trade last March 2010, otherwise I wouldn't remember this. It took me a week to recover the loss I incurred in 1 day there.
And..... I suppose that's quecee's fault?
  • #2,316
  • Jun 28, 2011 7:50am Jun 28, 2011 7:50am
Quoting PandoraBox
Entire mode now is bullish mate. Just get ready when she rise 500 pips upward.
you reckon so ? we got burned last 4 times ?

if i may ask -if you entered long here , where would you cut the loss ?
  • #2,317
  • Jun 28, 2011 7:52am Jun 28, 2011 7:52am
Quoting pkimnyc
And..... I suppose that's quecee's fault?
but pkimync- to recover only in a week lol -- expecting a minor loss as you know what i mean-
  • #2,318
  • Jun 28, 2011 7:57am Jun 28, 2011 7:57am
Quoting smurfs
but pkimync- to recover only in a week lol -- expecting a minor loss as you know what i mean-
Lol.
  • #2,319
  • Jun 28, 2011 8:02am Jun 28, 2011 8:02am
Quoting pkimnyc
And..... I suppose that's quecee's fault?
Don't know what you are trying to imply, I agreed with Q
New voice message: Why are you calling me? If I need you, I'll call you!
  • #2,320
  • Jun 28, 2011 8:03am Jun 28, 2011 8:03am
Quoting KillerWhale
Don't know what you are trying to imply, I agreed with Q
No worries bro.
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