I feel it is possible that guppy will test last week low. If reversal sign is seen, I will start to grab longs.
I did the same 100 pips lower at 129.70 and 120.25. See what happens, if she breaks through (and now it looks quite probable, Sunday night gap up was just a red herring to suck in some money) she wonāt stop until 120 at the minimum. In that case Iāve put my S/L at 127.50 and then will flip short and only short.:eek:
Till she gets to 99.00 - 100.00 level. :eek:
But she may well be giving another red herring to the lame shorters as myself:D
She is now damned glued to the 129 level, confused and doesnāt know where to go the next.
Judging by price action, daily pin bars in Yen pairs (GBP/JPY, NZD/JPY) were invalidated therefore chance for a rebound is pretty slim.
Just do it, have some balls and break through Girl 
Come on I know you want to do it
I believe in her. She can survive this level and proceed north to 130 region again. 
Fundamonal: BOJ to do their thing this FRI.
If W close <125 - be a prostitute {I.E. sell your ass(ets)}.
Next 1-3 months could be sharp swings (125-180). That is why I am watching my 3 and 5 D emaās.
ART:you kept mentioning the Ichimoku cloud ( the D indicators show down).The Heikin Ashi candles show down.
Add the above, 3 &5āsā¦
If it looks like a duck,walks like a duck and quacksā¦ etc.
it is only doom and gloomā¦that is what all we are hearing down hereā¦worse is still to comeā¦
forget 150ā¦i hope you got enough equity to hang on to those longs:eek:
She only turns on the 9āsā¦and we are definitely staring 119 possible 109 in the eye and then 100 before this girl is done with sorting these fraudsters out!
whislt barrack might spruik her up 100 or 300 pips now and then, there is nothing that any government or any policy in the world can do to sort out this financial collosal calamity of a mess. The only place this funny money is going is into the hands of forex traders playing her long and shortā¦[B]but there is no sign this 7 month old trend is near over or exhausted yet! [/B]
I had to stop buying at 128.50 needless to say I am burried in drawdown,
I am in the grave with no money for a coffin, now who will start throwing the dirt on me?
I still contend guppy is coming back. But I am not privy to what is going on in GBP.
But who said 125, nothing like giving her ideaās er targets.
I had to get one at 125.87 EEEKKKKK next long up is 128.50 but I did grab a few pips yesterday on the short retrace up.
I am still thinking the phoenix will rise from the ashes we will see.
there is a big green bar biggest in several hours.
Today the new King gets in what will the markets do! It is going to be crazy
UJ has been rather tame compared to guppy, Dont forget the BOJ they are watching closely!
Looks like it has panned out. 127.50 S/L were trigerred so the shorts as well (stoped and reversed), Iāve closed 2 out of 3 short for nice 150 pips (the loss on longs is just to be covered, if the 3 lot goes down further below 125) but now Iām waiting for Obamisation so will close it. Whole in all I wish I would have opened only 1 long but there you go, minus 20pips on Guppy wild ride is not bad. Cutting the losses early saves the day.
Cable and UK banks are both in a dreadful state - now is time for Credit Crunch Episode II (UK), cable will visit lows at 1.3600 I recon so for Guppy going into 119 seems like a reasonable trade. I will load shorts on Obamisation euphoria and see what happens
3rd lot closed at 124.00 overall losses from longs fully covered and managed to bring some 100 positive pips. There is some momentum behing this movement and there is no rescue for Cable for now. Those mentioning 119 level could be entirely right, looks like another leg down started.
She has broken through historical support with an ease.
A beatiful bearish engulfing pattern and now we are waiting for the third black crow. 120 level for tomorrow/tonight?
We are just getting through Episode II of the BIIIIIIIG Crunch -named UK banks.
Iām afraid the pain is still there to be felt, cause we havenāt touched European banks and their exposure in Emerging Markets (Eastern and Central Europe).
As far as I know (I know some of the Central European markets pretty well) property bubble is about to burst there. Property prices went up by 100-200% since 2004. People were given mortages with montly payments exceeding more that 60% of their monthly income, some were given by European banks in foreign currency (like Swiss Franc) when the exchange rate was in favour of a local currency. Now the rate of local currency went down (everybody is buying Dollars as a safe heaven) so people have to get more local currency to buy Swiss Franc to pay their monthly rates, the rate is coming up and the value of their property is coming down. The same scenario like in US 2007/2008. This will lead to increase of bad debts and pressure being put on European banks (mostly Swiss and German) in the nearest future (1-3 months)
Episode III Europe is about to begin soon.
I have learned so much wading through the posts. Trav 72; didnāt know about the ā9āsā being important, so will check it out. (thanks).
Triple R: keep buying and Iāll keep selling;) I took to heart your words that she does opposite to you;) A heartfelt thanks thoā cuz it was this thread that was a huge turning point in my trading thinking.
Art: ya turned me on to the exotic luxury of Ichimoku and the results have really been good ($2400 last night on 6 minis).
Cdawg: Auslanco info further bolstered my confidence to make a trade. Thanks.
My TanA in late Nov on the D (30 Oct to 25 Nov) gave me a TPP ($ target projection point) @122.69. The W chart has a lower BB @ 108 ish.
Triple R, the hordamentals are bleak for GBP.
Ciau guys!
The guppy is still on the train south, hmmm when will it stop and go up? I canāt find any support for the guppy now. It even broke the monthly support, where is the support for guppy now?
BIZSNATCH!(#@&$(^#@*(
Well it is at this point guys I hate to say it Al. Forget an explosion this week north.
I am changing NOW (listen evry closely guppy as I am not joking when I say this!)
I know what your final target is!!! 99.00-100.00
I guess it is not too late to get short and swap on the shorts isnāt to bad compared to how much downward force there is.
and here is a link, I know it is long, but if you really want to learn something watch it. It is full of confirmed facts.
Zeitgeist - Part 3: How The Bankers Control the World - AOL Video
Now what will we do? I can tell you who else is in big trouble
the aussie. AUD/USD is going to tank as well HARD.
It is NOT too late to get short GJ and AU
as to where the BOJ is I donāt know but the bottom has officially fallen out!
Indeed, the bottom is off
My last target has been hit at 120, closed one lot for 300pips profit, the other lot is still going. The 1H shows a couple of doji so for me a signal to put the S/L at the breakeven and possibly re-load the shorts from better levels. i wouldnāt recommend to jump on the coming train as itās coming fast, will stop and reverse āa littleā, better just wait for orders to be filled at 121-122 levels (that is what Iām doing now).
2 Black (red) crows now have their compadre on the daily candlestick (unless the day closes shockingly different). See the next step.
And who says she doesnāt read this thread? What else does she have to do while squeezing the trigger on millions of traders emotions?
And who says guppy is not alive?
ATM she looks to be headed for a retrace down.
She sure has been exciting ME screaming up off of 119ās!
Good evening brethren and cisterns.
On the D, $ is @ the lower BB . The candle has a long lower tail ( looks like a sperm cell - is guppy going to do the horizontal tango to us again?). Possible +ve div on STO 8.
Looks like some retrace to 125-129 resistance range- Big Boys waiting for BOJ meet on Fri.?
Iām also, remembering the info re: the Weekly close ( close less than 125 could spell more red ink.
Interesting comment today, was that yesterdayās inauguration was the worst ever, re: MKT reaction. (unless. you are buying USD).
Triple R: your boy has his work cut out for him.
:)watch for a re-test double bottom to form in the 119ās before she heads back into the high 120ās and a break into 130āsā¦
you got to love her:)
So daily closed differently then.
Al is right itās not a third black (sic !) :D(red) crow, itās some form of a mutated pin bar called by Al sperm cell
I buy it, shall we put a new definition of a pin bar as a sperm cell ??
(Al you are not microbiologist or fertility specialist are you ?:D)
We all this in mind I think she will retrace and I woudl say Iām hedging now. I have 2 short lots from 123 level, will cover them with some longs and depending on the price action reload shorts from higher levels. Iām using around 50% Fib of the most recent move downward whcih will be 127.50 (puting it from 16Jan highs of 135.80)
Something tells me that we can face another euphoria and there is also a chatter making rounds that BOE want to print some more notes with the old face on it Watch that bastards on Friday
Art: studied microbiology in university, several kids suggest that I have a propensity as a fertility specialist:D I suggest that sperm cell is non-racist (āblackā āredā etc.).Iām glad that you be using the 50% fib ( I like that level for a marker as well. Puts it within the 125-129 band). Yeah,I am being cautious until Friās close. This is the time that I watch my 3&5 D emaās.
For my long term view, I now utilize the Ichimoku system ( and I wish to thank you again for spurring my curiousity to study it). I add the Heikin ashi candles(D) on a separate chart service and have my conventional indicators
on the 4H .When they all line up -I load my account. Patience and patience has been THE HARDEST THING FOR ME TO LEARN!!!
(THAT- AND DOING OPPOSITE TO TRIPLE R.