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-   -   Auslanco - GBP/JPY and GBP/USD (newstrade) (https://www.forexfactory.com/showthread.php?t=40582)

quecee5 Mar 19, 2010 10:49am | Post# 218861

Q,
i post out this 2 possible chart i been count for. If for you you prefer which one? 1st or 2nd chart?

Myself choose the 2nd one...
Anyone what is your choice???...Welcome all comment...
The second one is what me and another trader was talking about. . . but need to see further developments for it to play out. . .

And that the two senarios we are both looking at thanks for the charts. . .

special0nefx Mar 19, 2010 10:58am | Post# 218862

The second one is what me and another trader was talking about. . . but need to see further developments for it to play out. . .

And that the two senarios we are both looking at thanks for the charts. . .
You're welcome...thank you for your opinion also ...For the reason i choose 2nd because the wave 2 simple therefore wave 4 should be complex...

vinesh2 Mar 19, 2010 11:08am | Post# 218863

Whats up qqqqqqqqqqqqqqqqqqqqq. Whats with this EU and GU shaking off higher level longs I see

Fudomyo Mar 19, 2010 11:13am | Post# 218864

1 Attachment(s)
we're testing the daily channel ltl at the daily S3. it's been an important psychological barrier for the past 3 months. if we don't bounce here we may well see quite a bit more downside.
Click to Enlarge

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Geppy Mar 19, 2010 11:23am | Post# 218865

I won't lie... looking forward to seeing Scrat's volume chart analysis after the close.

special0nefx Mar 19, 2010 11:30am | Post# 218866

I won't lie... looking forward to seeing Scrat's volume chart analysis after the close.
I believe in you

quecee5 Mar 19, 2010 11:39am | Post# 218867

Whats up qqqqqqqqqqqqqqqqqqqqq. Whats with this EU and GU shaking off higher level longs I see
Well I hope that's case for longs sake. . . may see some short covering when london packs it in but just have to wait it out to see if it will bounce in this area. . .

special0nefx Mar 19, 2010 11:43am | Post# 218868

rgitt, you there? Is kaboom start already? Or you just going down plant some for the biggest Kaboom soon then coming up again , countdown from the top to bottom

next-move Mar 19, 2010 11:55am | Post# 218869

The boys are coming on strong....

NM

rgitt05 Mar 19, 2010 11:56am | Post# 218870

I bought at the LTL of the daily chart 135.80..

I am building up a long position TP at 141.00

I've been busy scalping.

Fudomyo posted the daily chart



rgitt, you there? Is kaboom start already? Or you just going down plant some for the biggest Kaboom soon then coming up again , countdown from the top to bottom

special0nefx Mar 19, 2010 12:00pm | Post# 218871

I bought at the LTL of the daily chart 135.80..

I am building up a long position TP at 141.00

I've been busy scalping.

Fudomyo posted the daily chart

Oh nice master...i catch price at 136 where i pending there ,just wait she makes U-turn show me the money

Clouds Mar 19, 2010 12:04pm | Post# 218872

i dont know what TL's u guys use, but mine is broken

special0nefx Mar 19, 2010 12:08pm | Post# 218873

1 Attachment(s)
i dont know what TL's u guys use, but mine is broken
here...
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ukdaytrader Mar 19, 2010 12:08pm | Post# 218874

Uep
 
1 Attachment(s)
i dont know what TL's u guys use, but mine is broken
Yes, mine too, but there is one more......
I was wrong. I guessed this weeks question was whether we'd break upwards. Seems the question will be do we break the LTL comprehensively or do we bounce back.

I'm adding longs as we fall btw.

chart.
Click to Enlarge

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Clouds Mar 19, 2010 12:12pm | Post# 218875

here...
ok, i guess depends how u draw it. another 50 pips and it's for sure broken. if it goes up to 1.37 that may be good sell zone, cause it'll be around the higher Time frame TL, just my opinion

naatha Mar 19, 2010 12:15pm | Post# 218876

mine is broken
 
1 Attachment(s)
gj1h
it looks like a correction and it smells like a correction
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special0nefx Mar 19, 2010 12:16pm | Post# 218877

ok, i guess depends how u draw it. another 50 pips and it's for sure broken. if it goes up to 1.37 that may be good sell zone, cause it'll be around the higher Time frame TL, just my opinion
yes, just depend . But my main point is want to see can it holds the TL or not...for this retrace i aiming low to FR61.8@134.82 there actually

Clouds Mar 19, 2010 12:17pm | Post# 218878

1 Attachment(s)
gj1h
it looks like a correction and it smells like a correction
mine too,

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Scrat Mar 19, 2010 12:21pm | Post# 218879

thanks... you make me blush...
will do it after close of trading day.
from what i see now, there is no bottom in sight. even if it bounces from here, it should stop somewhere in the high 136 and then dip again.
still short with the rest of the positions.

I won't lie... looking forward to seeing Scrat's volume chart analysis after the close.

Geppy Mar 19, 2010 12:23pm | Post# 218880

Ugh, Couldn't Resist...
 
Title says it all... just phoned my broker's trade desk and started to build my long position. Order filled at market @ 135.726

Stop loss is at 134.90 and I'm targeting 139.00 minimum next week.

Trendline broken? Depends who you ask, but I think a break of 135.00 would be indisputable (hence my SL level).


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