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forexnovice replied Dec 20, 2007All the Best to you My2buoys
and to All the Terrific People that make this Thread one of the Bestest(
) on FF. For me the holiday season has already begun. No more trading till the New Year Celebrations are over..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- forexnovice replied Dec 20, 2007
Could have been.....Getting into the holiday mood..Auslanco - GBP/JPY and GBP/USD (newstrade)
- forexnovice replied Dec 20, 2007
What the..........Good luck man...Thats all I will say....Good Luck..Auslanco - GBP/JPY and GBP/USD (newstrade)
- forexnovice replied Dec 20, 2007 Are you kidding? So far the hammering has been led by just GU..Just imagine what would happen if UJ joined the fray...it has been stuck in a 78 pip range this week so far..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- forexnovice replied Dec 20, 2007
Price is due for retracement to the Daily 5smaC @ 227 (I just dont know when
)Auslanco - GBP/JPY and GBP/USD (newstrade)
- forexnovice replied Dec 20, 2007
Those -300 pips would freak me out on a major position
..Thank God For Stoploss
. Good Luck in your Trading GrandpaBreeze....Update on GBP/JPY
- forexnovice replied Dec 20, 2007
Good Morning All. Thanx Quecee5
Just bought GJ at Weekly pivot S1. GU still sliding like you had projected earlier...Auslanco - GBP/JPY and GBP/USD (newstrade)
- forexnovice replied Dec 19, 2007
Quecee5 — Great analysis there
as always. With all said and done, the path of least resistance through which I see GJ higher even with GU below 2.0 is UJ above 117......For example..117 x 1.99 = 232.83. Fundamentals are painting a ...Auslanco - GBP/JPY and GBP/USD (newstrade)
- forexnovice replied Dec 19, 2007
Really glad to hear that
Note pa around 113.5 area on UJ 4hr charts.Auslanco - GBP/JPY and GBP/USD (newstrade)
- forexnovice replied Dec 19, 2007
Are you holding a long position?
And by 'resistance' you are actually refering to support. Study the Monthly, Weekly and Daily GU charts. Both the weekly and daily charts show the short term trend as bearish. Do you want to trade against ...Auslanco - GBP/JPY and GBP/USD (newstrade)
- forexnovice replied Dec 19, 2007
A bit confused by what you refer to as a 'true dangle'. From a fundamental point of view, news and rumors are what move this market almost always. Earlier this month GBP fell after negative HBOs House Price Index followed by a negative Services PMI ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- forexnovice replied Dec 19, 2007
I have same fibs drawn on another chart taking this months low-223.69 into consideration. However, many times I have seen price dangle between 61.8 & 78.6 fib before turning around, hence I like to look at pa from all possible fib levels. PA on 6th ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- forexnovice replied Dec 19, 2007
Guys....Guys....lets not start it all over again. There is a "Ignore Button' in everyone's profile. Just activate it and get back to trading.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- forexnovice replied Dec 19, 2007
We have our mate Karmo
to thank for drawing our attention to the 50fibAuslanco - GBP/JPY and GBP/USD (newstrade)
- forexnovice replied Dec 19, 2007
225.8 is confluence of 50fib and weekly 100sma (as already pointed out by My2buoys). Looking to build longs with PA to confirm.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- forexnovice replied Dec 19, 2007
Sorry Guys..Couldn't help gloating
Ultimately PATIENCE PaysAuslanco - GBP/JPY and GBP/USD (newstrade)
- forexnovice replied Dec 19, 2007
Lol...I am still waiting for the "Its end of the world' "Carry Trades are Dead' "USA is in total recession' calls to appear
Auslanco - GBP/JPY and GBP/USD (newstrade)
- forexnovice replied Dec 19, 2007
The southerly move might not be over till price reaches the weekly 100sma at the very least. My 2cents..
Auslanco - GBP/JPY and GBP/USD (newstrade)