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- rgitt05 replied Feb 6, 2010
This reversal is only for short term..It is only a retracement for a big FREEFALL at least 130 zone (78.6% fib level)
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Feb 6, 2010
GJ perspective from the 1 hr,4hr,daily charts. Friday the PA tested the 139 zone again proving this area is strong and whipsaw back above the 139 zone. I missed this fake BO, but managed to lockin pips. However, fundamentals seem to control the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Feb 6, 2010
Thanks for the Analysis..I missed the bear trap friday..I am glad I lockin in pips before the whipsaw...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Feb 5, 2010
I am swing trader also..I meant you won for today PA..It all have to do with the EU bailout of greece for this weekend...I scalp on range market.. I have posted many charts from last year before you came on this board..Who said I am a range trader? ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Feb 5, 2010
Sell on rumors and buy on news...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Feb 5, 2010
I hate rumors...That explains why they cancel the weekend ECB meeting on Sunday. url
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Feb 5, 2010
Failed again to break the 139 zone.. Retracement..I guess Gucc wins now..LOL Looks like a reversal to test the 144.00 I guess I got screwed with this BS rally ... I am glad I lockin pips.. Next time...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Feb 5, 2010
It will break the low today.. Watch the kaboom Enjoy the ride for the weekend.. Good Luck longs..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Feb 5, 2010
KABOOM DOOM BOOM!!!
to the longs Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Feb 5, 2010
Fundies commentary: The USD dollar index is up against the 100-week and 200-week moving averages...The 100-week is at 80.255 and the 200-week is at 80.54 with the DXY at 80.25/30 area. Strength above can see another 100 points or so higher to the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Feb 5, 2010
Commentary: Our NFP strategic takeaway: US unemployment on balance shows some signs of improvement...The data has lots of pluses and minuses and seasonal/statistical factors, but the overall sense is one of slight improvement. We think this may see ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Feb 4, 2010
OMG.. A lot of bad news from europe.. Meltdown BIGTIME.. 135-136 may happen today if the market digest this news BERKSHIRE HATHAWAY L-T COUNTERPARTY CUT TO AA+ FROM AAA BY S&P Gold is dropping while the dollar gets stronger on the index..

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