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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #169,261
  • Apr 5, 2009 5:27pm Apr 5, 2009 5:27pm
Quoting OrionsWay
maybe small reaction 49.69

she is destined for 150 before reversal
Blogging daily now at www.volume.zone
  • #169,262
  • Apr 5, 2009 5:28pm Apr 5, 2009 5:28pm
Quoting malcolmb14
she is destined for 150 before reversal
Could be upper 150 ..
  • #169,263
  • Apr 5, 2009 5:30pm Apr 5, 2009 5:30pm
Quoting mktjong
I agree in somewhat bullishness is still persistent. Last week I thought, we would get 1k pips down this week, but I haven't seen it yet so far until then it is still a buy .. unbelievable .. market is so bullish.. forgot what had just happened a few months or weeks ago :-)
If Asian markets is down today we may likely see bear is starting to come to the market ..
It may continue it's low Vol. for now, but when asia comes in will be more clearer... And if it starts retracing there are some TL to watch...
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  • #169,264
  • Apr 5, 2009 5:36pm Apr 5, 2009 5:36pm
Plus the 130 will for sure screw up the bull ride, because there is a weekly Gann at 134,09, which once is broken will set the g/j for a virgin territory. Imho bears should be generous to allow bulls to party more, so any pullbacks may be considered for buying.
  • #169,265
  • Apr 5, 2009 5:48pm Apr 5, 2009 5:48pm
Quoting OrionsWay
maybe small reaction 49.69


ooops only to .66
"Millionaires don't use astrology, billionaires do"
  • #169,266
  • Apr 5, 2009 5:51pm Apr 5, 2009 5:51pm
Quoting Raza
NOT SO GOOD WITH WAVE COUNT.... IS THIS POSSIBLE ????

LOOKS LIKE A WRONG COUNT..
Nice charts ...
Discipline + Patience - Fear - Greed = Success
  • #169,267
  • Apr 5, 2009 6:17pm Apr 5, 2009 6:17pm
Quoting OrionsWay
ooops only to .66
opps .. never underestimate this beast .. http://www.forexfactory.com/images/icons/icon12.gif
  • #169,268
  • Apr 5, 2009 6:20pm Apr 5, 2009 6:20pm
Quoting mktjong
opps .. never underestimate this beast .. http://www.forexfactory.com/images/icons/icon12.gif

yea missed the lil top there at supply by 3 tics shy before re3action
"Millionaires don't use astrology, billionaires do"
  • #169,269
  • Apr 5, 2009 6:40pm Apr 5, 2009 6:40pm
Hey Folks,

After reading through the last few months of pages, I can't really tell if anyone is trading pure Auslanco. I find some brilliant analysis, but I am a bit surprised that Aus entries/exits are not discussed much. I've been doing quite well with them...

Anyone trading Pure Aus?
TULKAS
  • #169,270
  • Apr 5, 2009 6:57pm Apr 5, 2009 6:57pm
Quoting Tulkas
Hey Folks,

After reading through the last few months of pages, I can't really tell if anyone is trading pure Auslanco. I find some brilliant analysis, but I am a bit surprised that Aus entries/exits are not discussed much. I've been doing quite well with them...

Anyone trading Pure Aus?
karmo is . . .
  • #169,271
  • Apr 5, 2009 7:00pm Apr 5, 2009 7:00pm
Quoting Tulkas
Hey Folks,

After reading through the last few months of pages, I can't really tell if anyone is trading pure Auslanco. I find some brilliant analysis, but I am a bit surprised that Aus entries/exits are not discussed much. I've been doing quite well with them...

Anyone trading Pure Aus?
That's because the market has been trending nicely lately. The gann hilo is a very powerful indicator if used correctly. It works extremely well in trending conditions but will fail in ranging condition. I think a lot of new people abandon it after failing to see if work because the market has been ranging mostly in recent months.
  • #169,272
  • Apr 5, 2009 7:02pm Apr 5, 2009 7:02pm
Quoting quecee5
karmo is . . .
Morning guys. anyone else here think PA looks like distribution. little spike up in the twilight period before ranging
  • #169,273
  • Apr 5, 2009 7:02pm Apr 5, 2009 7:02pm
Quoting Tulkas
Hey Folks,

After reading through the last few months of pages, I can't really tell if anyone is trading pure Auslanco. I find some brilliant analysis, but I am a bit surprised that Aus entries/exits are not discussed much. I've been doing quite well with them...

Anyone trading Pure Aus?
karmo
  • #169,274
  • Apr 5, 2009 7:06pm Apr 5, 2009 7:06pm
Anyone agree that this'll get rejected around 150.20
  • #169,275
  • Apr 5, 2009 7:08pm Apr 5, 2009 7:08pm
Price is getting extremely close to this upper daily trendline at aroung 151 area and momentum is still strong. Just because price reaches a trendline does not mean it will bounce. There will be some resistance at 151 but we have to observe the price action in a day or two to see how price reacts to this area. If a daily candle closed above 151, price could easily go up a lot more. Ride the trend and don't start thinking about short yet.
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  • #169,276
  • Apr 5, 2009 7:08pm Apr 5, 2009 7:08pm
Quoting stewrigh
Anyone agree that this'll get rejected around 150.20
maybe/maybe not. . .
  • #169,277
  • Apr 5, 2009 7:10pm Apr 5, 2009 7:10pm
Quoting quecee5
maybe/maybe not. . .
Should find out very soon LOL
  • #169,278
  • Apr 5, 2009 7:15pm Apr 5, 2009 7:15pm
Quoting Pipsqueak
That's because the market has been trending nicely lately. The gann hilo is a very powerful indicator if used correctly. It works extremely well in trending conditions but will fail in ranging condition. I think a lot of new people abandon it after failing to see if work because the market has been ranging mostly in recent months.
Thanks Pip. I know you're right, but any trader worth his salt can use the awesome analysis found here to stay out of trouble when the ranging times come.

I'm gonna go bug Karmo some...!
TULKAS
  • #169,279
  • Apr 5, 2009 7:16pm Apr 5, 2009 7:16pm
New weekly moms are showing a pullback coming.
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  • #169,280
  • Apr 5, 2009 7:29pm Apr 5, 2009 7:29pm
Added more to hedge now 65%
"Millionaires don't use astrology, billionaires do"
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