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- frevd replied Jun 6, 2008
i dont see the power for going up either (would like to see a close above .50 for that). and it is not meant to be a big short thing. as mentioned earlier, i expect it to take 15..30 more minutes, and i see potential for 206, if (and only if) we ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- frevd replied Jun 6, 2008
Well I consider it the whole thing, wow u missed 30p but from that lousy tokyo session noone couldnt tell where it would go now. as i said i dont care about little pips at the start and end marks, greed always made me lose.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- frevd replied Jun 6, 2008
well done, u catched the whole thing. .83 might be the target but i always exit before such targets since i do everything manually (no tp, no sl, no limits) and dont want to risk a sudden bounce.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- frevd replied Jun 6, 2008
i am with you (on this short), but i exit the larger part at around 206.90 since I'm a bit overleveraged on it. my system indicates that we need 45..60 more minutes for it to reach.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- frevd replied Jun 6, 2008
mine is 206.83 (gmt+1) (edit: sry)
Auslanco - GBP/JPY and GBP/USD (newstrade)
- frevd replied Jun 6, 2008
there is a trendline system which i actually dont like to use but i crosscheck it since it is astoundingly accurate all the times. it says we were at 50% of two levels between 209.50 and 206. we bounced, so this can even go to 206, though 207 will ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- frevd replied Jun 6, 2008
nice, one of those rare jobs where you can possibly even trade when doing nothing but rounds every 2hrs? envy.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- frevd replied Jun 6, 2008
i changed my day/night cycle, tokyo is not worth watching, never really was.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- frevd replied Jun 6, 2008
if you look at the fibo from 199.50 to 209 you recognize that it bounced from 14.6 down to probably 23.6 at 207, we'll see what comes then. yen has a hell of free room to recover from yesterday's nonsense rallye, looks like they trick us once again ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- frevd replied Jun 6, 2008
no, this is not recommendable, you wouldnt want to sit in a short from 206 like me now. it surely can be secured, but you will waste time and get gray hair and close at break even, lotta wasted pips.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- frevd replied Jun 5, 2008
she prefers to make me suffer usually. but one can tame her by not forcing her, she just needs time, finally will move to you if you no longer appear to be her toy. she likes to check out your extreme levels though. i let her play for now.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- frevd replied Jun 5, 2008
Me neither, but honestly hope for it, wanna get out at least, damn rallye.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- frevd replied Jun 5, 2008
btw, as far as i can see usd didnt just increase (not even a bit), its been a drop of yen only (and what a huge one), any ideas? could easily reverse in tokyo session, if there is reason. image
Auslanco - GBP/JPY and GBP/USD (newstrade)
- frevd replied Jun 5, 2008
sure, i already took out half off it and only target 1.01 for now. i dont think it will happen much over my night till london, d'you?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- frevd replied Jun 5, 2008
well ok, it might have a chance, a logical one. if the second high impact news about new employment is also positive (although both are expected to be negative) well then 214, else we see carry trades taken out and 203. so till then we will be ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- frevd replied Jun 5, 2008
hype, they think the nfp data will be positive.

Auslanco - GBP/JPY and GBP/USD (newstrade)
- frevd replied Jun 5, 2008
your opinions about ucad needed, i'm +22, selloff today or continuation/breakout?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- frevd replied Jun 5, 2008
dont scream too loud, it's got 1.5 more hours for the remaining 1280p..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- frevd replied Jun 5, 2008
uh oh, manipulations, they wont let it go
Auslanco - GBP/JPY and GBP/USD (newstrade)