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USD-Bear replied Jul 1, 2010Could have done the same (if I was fearless)
image Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Jul 1, 2010Just wanted to share..... — It's damn difficult PA for me. Analised what I was doing wrong and found: 1. Not looking enough at larger timeframes, eg desciding for direction on daily TF, timing on smaller ones, do not trade against larger TF's ...
Cable Update (GBPUSD)
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USD-Bear replied Jul 1, 2010just wanted to share — It's damn difficult PA for me. Analised what I was doing wrong and found: 1. Not looking enough at larger timeframes, eg desciding for direction on daily TF, timing on smaller ones, do not trade against larger TF's 2. ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Jul 1, 2010Guess not, stopped @ 1.4960 Closing up for the week, it's to hot here......
Cable Update (GBPUSD)
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USD-Bear replied Jul 1, 2010Pull back did not stop at UTL so short @ 1.4930 D1: image
Cable Update (GBPUSD)
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USD-Bear replied Jul 1, 2010Well, GU didn't hold 1.4935 on pullback, so GU projected further down moves. UJ still on resistance level so this one still could pull up, if it breaks resistance downwards I do not expect huge movements because of its absolute level. So maybe ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Jun 30, 2010Still long biased although last long closed with loss. Reasons: 1. Break and pull back on GU D1: image 2. Resistance on UJ D1: image Will act on it, if GU will hold above 1.4935 during Asia....
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Jun 29, 2010BTW, words like "gotta", "going to", "will get", "inevitable" sounds like that's in the price.... Sorry, just teasing......
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Jun 29, 2010Thanks for your ever valueble input, still think something major is developing around G, USA still think QE is the way, GB has seen the light abolishing QE which imo will lead to further GU-strength even during bad economic figures....
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Jun 29, 2010Agreed that news could change things, but weakness of GY today is for 100% caused by UJ and not previous weakness in FTSE's (look at GU). So G has intrensic strength and if I look at my charts this strength is very young and certainly not maturing. ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Jun 29, 2010If -300 in the dow can't push this south, nothing can, imho we are going north.....
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Jun 29, 2010Hope for you it will, but strength of G and level of UJ does me expect otherwise....
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Jun 29, 2010Yes, yes we hear you...........
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Jun 29, 2010Long again, almost at exit level 133.40
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Jun 29, 2010No, it's going on for a while, it's G's policy makers e.g. no more QE....
Auslanco - GBP/JPY and GBP/USD (newstrade)