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- Austin168 replied Jun 23, 2008
it may but definitely not today or tomorrow butmaybe a months to come to get it down to 1.9550, but it will shoot up to 1.98 area before returning to 955S :-) We will see how it plans out
Cable Update (GBPUSD)
- Austin168 replied Jun 23, 2008
I don't think it can break 1.9576/80 , AM seeing it differently, it will form a base here and bounce back to re-test 1.9836/40
Cable Update (GBPUSD)
- Austin168 replied Jun 23, 2008
use both 30M chart and daily chart, you will see clear picture of it.
Breeze....Update on GBP/JPY
- Austin168 replied Jun 23, 2008
looks like GY bottomed out at around 211.05, forming strong base, Am already LONG at 211.34 for 1/5 lot and will add 2 1/2 lot at 211.13. STL at 210.80 targeting 218.76
Breeze....Update on GBP/JPY
- Austin168 replied Jun 23, 2008
Enter 1/3 long GU at 1.9657 and pending 1/3 at 1.9626 (if it ever get there), and last 1/3 set at 1.9583, targeting 1.9860 STL at 1.9550
Cable Update (GBPUSD)
- Austin168 replied Jun 20, 2008
It has to retrace back to 0.618 fib which is 0.7223, I am talking about LONG TERM not day trade. I can wait for 2 to 6 month, collecting interest while waiting for this beast to run down to the 0.618 fib area.
EUR/GBP SHORT for No Brainer
- Austin168 replied Jun 20, 2008
EUR/GBP very very stubborn — This Pair is very stubborn, it survived several test of 0.7840 but failed to take it out. Long term still biases downward, am adding more SHORTS at the current level with stl set at 0.7960 , target still aim for ...
EUR/GBP SHORT for No Brainer
- Austin168 replied Jun 19, 2008
but there is nothing in between, minor resistance won't help to stop this monstor if it gets mad at the Dallas:-)
Cable Update (GBPUSD)
- Austin168 replied Jun 19, 2008
haa, you must be kidding me, it workd for a few days and you claimed it is reliable? Anything less than 1 yr back test can't be said reliable.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Austin168 replied Jun 19, 2008
To be safe , keep your STL wide enough for this GU and set it at 1.9860, downtrend remain intact and will see it going to hit 1.9330
Cable Update (GBPUSD)
- Austin168 replied Jun 19, 2008
GBP\USD with 1.9852 proved to be tough resistance, currently short at 1.9742 and will add 2 lots at 1.9843 with STL set @ 1.9860 In the coming sessions, will see Cable backing off to 1.94 and eventually reach 1.9323/30 Support line.
Cable Update (GBPUSD)
- Austin168 replied Jun 19, 2008
Closed out all LONG on GU and GY for 135 PIPs average gain and reversed, but keeping my SHort on EG hoping for 0.7223 target.
Cable Update (GBPUSD)
- Austin168 replied Jun 18, 2008
If GY can break 211.60 today, it will go up to 214S in the coming sessions. It has proved to be bottomed out @ 209.60 on Hrly chart and retraced to 0.618 Hrly Fib. Any comment?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Austin168 replied Jun 17, 2008
All my G/Y, G/U and E/G positions are Stopped out this morning giving back all the pips I made yesterday:S
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Austin168 replied Jun 16, 2008
Agreed on UJ not GU, GU looks to consolidate recent gains and as long as it hold 1.9590/05, I think it will setup to re-test 1.9830
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Austin168 replied Jun 16, 2008
can't resist to add anotehr 1/2 posistion long on G/Y at 212.26 with STL at 211.85, boy was I wrong I will lose all Green PIPS I made today.... I am now heavily LONG on all 3 apirs: G/U; E/G and G/Y
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Austin168 replied Jun 16, 2008
Looks like Cable is consolidating gain and hold at hourly support. Look for further gain after MM fix
Cable Update (GBPUSD)
- Austin168 replied Jun 16, 2008
I am All Over GBP/JPY; GBP/USD; and EUR/GBP — LONG G/Y LONG G/U and Short E/G I see all Green coming my way. So far so good

EUR/GBP SHORT for No Brainer
- Austin168 replied Jun 16, 2008
200? maybe in 5 yrs but definitely not withing 2 years.
A crude oil at $200 response