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ovaforty replied Jan 9, 2008This chart is for vinesh2. Aud/usd daily is showing the head and shoulder formation. Right shoulder is forming. We need to see 90.91 then this pair will drop hard.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 9, 2008Sounds good to me. But i am going to pass until the rate decisions most likely. Good luck trading.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 9, 2008I wanna see how it handles 215.31 and how UJ handles 110
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 9, 2008glad to see ya back on the winning track. i am out until asian session or possibly london/frankfurt. I had +127 pips short and +90 pips long. Good enough.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 9, 2008i closed at 215.23 for +90 pips
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 9, 2008216.22 area is the daily 5 sma high. That is my 2nd possible target.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 9, 2008i am targeting resistance at 215/215.25 area for a scalp up for my 1st target.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 9, 2008I have now closed my short and bought the dow last hour rally.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 9, 2008Good idea. there will a lot of opportunities tomorrow. No need to get caught on the wrong side. I am holding my short from 215.47 for gbp/jpy until the dow closes. Dow is off the lows for now, but it has been been a last hour sell off for the last 2 ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 9, 2008P.S. the only exception to my position is a 50 point cut, as opposed to a 25 point cut. The BOE is known for surprising the market, and acting in a pre-emptive fashion.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 9, 2008In my opinion, gbp/usd will rise after the rate decision, no matter whether there is a cut or a hold. The big boys are waiting for the kneejerk reaction of the little guys who try and trade the news. The big boys will then then collect the stop ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 9, 2008Look at the GBP price. A cut is already priced in. A surprise no-cut would cause gbp/usd shorts to bail.....
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 9, 2008daily chart shows rejection in London session at the 5 sma and the 5 sma high. This baby looks bearish and dow futures turned negative to flat.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 9, 2008Daily chart for shows price sitting at 5 sma low (white).
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 9, 2008i sold the retrace at 215.47
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 8, 2008I had to back off trading this choppiness. I dropped from +16.4% profit to +11.4% for january in the last 2 days.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 8, 2008Geppy is due for a retrace up at some point. My weekly shows 3 waves down from 251 area and my daily shows 3 waves from 241 area. Weekly 200 sma combined with 38% fib is providing support for now at the 213 area. Last night we saw a retrace to ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 8, 2008Nice! Keep us posted with updates on what that zup 71 is showing.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 8, 2008This thread is a great one to see different methods and systems with everyone's input. We all have one goal, and that is to try and tame this beast we call geppy.
Auslanco - GBP/JPY and GBP/USD (newstrade)