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USD-Bear replied Feb 4, 2010lol, that's Geppy like...... — In rethinking mode atm, think I will stay in it for a while

Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Feb 4, 2010Of the record, what pair would you use betting on this figure?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Feb 4, 2010Damn, I said it a hundred times to myself those 40pips stops do not work and I fall for it......
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Feb 4, 2010Really think, retracement supported by GU AND UJ is likely, but could be deadly wrong, for 40 pips I want to know....

Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Feb 4, 2010Long @ 143.80 SL 143.40 Limit @ 144.20
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Feb 4, 2010Yes I know the picture, but that picture fascilitates few hundred pips movement, its only scalping now, but agree one should be cautious at current levels....
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Feb 4, 2010No double bottom for GU and UJ still in retrace, think I might give it a shot again with UJ @ 90.60
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Feb 4, 2010and stopped, well it was a nice try
Should have collected the 25 pips was going for 35Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Feb 4, 2010Yes indeed and atm its in the middle of consolidation. Thanks for your warning, I'd like to see some higher prices before considering shorts again. 145.20 might be a good place to short the consolidation range. PS, or 143.90 for a long....
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Feb 3, 2010PS, and Geppy patience pills are great!
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Feb 3, 2010Lol, never had such a mail and hope not to receive it ever, but then I'm the very cautious one....
Always play with 100k lots and the most important thing I've learned is to give PA some room, Geppy needs it and my SL's are mostly 100-200 pips ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Feb 3, 2010Do not have a good feeling about that one, on a fundamental base. Would rather look for buying opportunities, but who knows......
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Feb 3, 2010Great position Gucc! Might join you around 135, but then as a bull........
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Feb 3, 2010Things keep changing, at the start of my shorts I recall calls like "hello 153", mostly the contrarian move (in PA and opinions) is where I succeed, but no, not always

Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Feb 3, 2010Like I said, for a quiet night and its twice my daily target, like to start fresh again....
Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Feb 3, 2010Closed all shorts for +101 pips for a quiet night

Auslanco - GBP/JPY and GBP/USD (newstrade)
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USD-Bear replied Feb 3, 2010Agreed, but do think on the long run UJ is more important for GJ than GU, remember G and U are both flawed currencies.....
Auslanco - GBP/JPY and GBP/USD (newstrade)