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Infinity replied Apr 7, 2008sounds like you have a jamaican accent
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Apr 7, 2008
Based on the markets reaction to the nfp data and subsequent price action, I took a long on this last dip @203.75 and looking for 205. I won't be fighting bulls right now. If you can't beat 'em, join 'em. Bless
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Apr 6, 2008
I closed my shorts that I left over the weekend at 202.35 and 203.35. I still don't feel comfortable going long on this pair so I will wait to see what happens and if we don't make a new high I will short again. I am thinking that we need 201.5 ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Apr 6, 2008
I think 203.3 will be the highest it goes based on my charts. Anything is possible though. Lets see what the market decides. Bless
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Apr 4, 2008
A few naked charts.... JPY day GBP Day Geppy Day
Auslanco - GBP/JPY and GBP/USD (newstrade)
Dont jinx it man.
- Infinity replied Apr 4, 2008
Hi Mike.
What are your thoughts on the geppy going into next week? I hope you had a good week.
BlessAuslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Apr 4, 2008
Good work man! I wish for all a great weekend.
BlessAuslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Apr 4, 2008
What I was hoping for was a 4h close below 200 ema and I just got
. I will leave my short from 204.5 open until next week. stop +50. There are no major news releases scheduled for early next week so I expect this to continue to push lower in the ...Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Apr 4, 2008
Note that during that time, we were trading well above the 1h 50ema, we are currently below.
I do think though that it may go up to 203.60-75 (4h 5 and 10 ema both there) and then bounce back down. It is having trouble breaking 1h 50ema though and ...Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Apr 4, 2008
Yeah I agree. I am also trying to see what will stop this thing from making new lows from here in coming weeks. Anyway, I will hold this short over the weekend as I anticipate an imminent breakdown breakdown to at least the bottom of this line. Bless ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Apr 4, 2008
I also got a ticket for this ride at 204.5
I think we will get a pullback to 203.60-75 and then down again. BlessAuslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Apr 3, 2008
I think we will get fake signals until news tomorrow. Bulls look very strong right now and have been all week but I think we are at a critical level. It can go either way after the news. That said, daily 50ema is at 206.1 and is also reachable. Bless ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Apr 3, 2008
It is this chart that has me watching the 205 area very closely. I think if this area holds and tomorrow's data is bad, the downtrend will resume. I am currently flat until after data. If the data is good and the trendline is broken convincingly, we ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Apr 3, 2008
You are assuming data will be good tomorrow, right? I think if nfp is worse than -50k, this thing will drop like there is no end. But, if the data is good, longs are good.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Apr 3, 2008
Markets undecided. A little battle going on
. I think we will see some profit taking later today pushing the dow down to 12400 and gj to 202.5 then possibly 200.5. It seems the nfp tomorrow will hold the key.Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Apr 3, 2008
My 4h chart is looking very bullish right now and if this last bar closes green next half hour, it will be even more bullish. However, a failure to retest 204.5 may be a sign retracement is near.
Auslanco - GBP/JPY and GBP/USD (newstrade)