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forexlion replied Mar 14, 2008i was enjoying shorting GJ just 2 hours before cpi, then quit and sat on the fence, now 1 hour after news i am taking long trades. this is why i do not trade during news, sit on the fence and see whats happening first.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Mar 14, 2008nah, i am shooting bear balls today

Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Mar 14, 2008206.25 looks like a possibility here. my earlier reading of 204.69 was taken out by the spike at cpi.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Mar 14, 2008The lion, sitting on the fence says hi to karmo. Still waiting for the dust to settle, before planning a new trade.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Mar 14, 2008GU is pulling GJ down and UJ is pulling it up, so when GU pulls it up then GJ goes up, but when UJ pulls it down then GJ cannot go down because GU is also pulling it, so when GU stops pulling and UJ takes a rest we see GJ in a consolidation mode, so ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Mar 14, 2008keep your eyes wide open for bull traps in 204 area. lovely shorts

Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Mar 14, 20082 hours to go for the cpi news, so from here on, i am on the fence better to sit on the fence and flirt instead of trading a whippy market. *** edited to add however, given the 1H murray and the 30 min charts, 204.69 looks a possibility.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Mar 14, 2008
the darn bull trap at it again, i hope i am not wrong shorting each peak.Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Mar 14, 2008the current move looks nothing more than a bull trap to me
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Mar 14, 2008shiva these are support / resistance lines , meant to just give target expectations. entry and exit should be based on your own analysis, i use 4 different chart patterns or charts to form a decision and then take a trade, i do not trade on the ...
Trading in India
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forexlion replied Mar 13, 2008darn, i never held on to my pants so tightly, 204.02 is tough barrier.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Mar 13, 2008does 204.46 look inviting to anyone ?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Mar 13, 2008i moved my short target from 203.94 to 202.40
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Mar 13, 2008Good Morning folks. How about a short for 203.94 + spread here.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Mar 13, 2008I saw something on 15m and went long for 205.17 Am I correct ?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Mar 13, 2008hi everyone, m back after a week. whats the current on gj.
Auslanco - GBP/JPY and GBP/USD (newstrade)