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Daily GBP/JPY analysis

  • #11,481
  • Jul 27, 2007 5:26am Jul 27, 2007 5:26am
What is Auslanco yahoo id?

Auslanco can you add me?
  • #11,482
  • Jul 27, 2007 5:27am Jul 27, 2007 5:27am
we need a close below 241.40 before bearish continuation is confirmed
Trade what you see, not what you think.
  • #11,483
  • Jul 27, 2007 5:30am Jul 27, 2007 5:30am
my id is: bc1200in
  • #11,484
  • Jul 27, 2007 5:31am Jul 27, 2007 5:31am
Quoting I.Y.I
Yes. But don't we have a down trend on 4H and the dayly chart?

we do .. but my entries are based on 1hr.
Yesterday although the 4 hr was bearish all along .. 4 times it couldnt break the support.. as soon as 1hr changed to bearish it started shooting down. The 1hr and 4 hr combination works very well with this pair.
  • #11,485
  • Jul 27, 2007 5:31am Jul 27, 2007 5:31am
Quoting karmostaji
we need a close below 241.40 before bearish continuation is confirmed
agreed.
  • #11,486
  • Jul 27, 2007 5:33am Jul 27, 2007 5:33am
Hope GDP is better for US... then we will see some fire works.
  • #11,487
  • Jul 27, 2007 5:36am Jul 27, 2007 5:36am
Lets hope so, UJ is stuck at 119.00 at the moment
Trade what you see, not what you think.
  • #11,488
  • Jul 27, 2007 5:39am Jul 27, 2007 5:39am
for some reason I cannot add any more people to yahoo messanger..
  • #11,489
  • Jul 27, 2007 5:41am Jul 27, 2007 5:41am
Quoting auslanco
for some reason I cannot add any more people to yahoo messanger..
It's okay, whoever hasn't been added, others should add them and pass on the signal as soon as it's announced
Trade what you see, not what you think.
  • #11,490
  • Jul 27, 2007 5:41am Jul 27, 2007 5:41am
GBP/USD is cruising down
  • #11,491
  • Jul 27, 2007 5:42am Jul 27, 2007 5:42am
Quoting auslanco
GBP/USD is cruising down
yup, if UJ starts to go down too, we'll have fireworks like you said
Trade what you see, not what you think.
  • #11,492
  • Jul 27, 2007 5:44am Jul 27, 2007 5:44am
Quoting karmostaji
we need a close below 241.40 before bearish continuation is confirmed

Do you mean a close of a full 1h candle below b/o triple bottom? on g/j?
  • #11,493
  • Jul 27, 2007 5:46am Jul 27, 2007 5:46am
Quoting karmostaji
If the 4h candle closes (24 mins to go) below 241.40, this beast might fall hard

i'm just saying what i'm seeing and the possibilities, we all ofcourse wait for our mentor "A"
Based on the 1H head & shoulders formation, that would be an indication to sell. However, we may still have to wait for the next 1H candle for bearish confirmation. Do you agree auslanco?
  • #11,494
  • Jul 27, 2007 5:46am Jul 27, 2007 5:46am
Quoting karmostaji
yup, if UJ starts to go down too, we'll have fireworks like you said
I have a short waiting at 40 and a long at 242.05 if we retrace the range - a guy has to have fun and earn a living at the same time !
  • #11,495
  • Jul 27, 2007 5:46am Jul 27, 2007 5:46am
im dying with anticipation!
"it doesn't come any sharper than this!"
  • #11,496
  • Jul 27, 2007 5:48am Jul 27, 2007 5:48am
Quoting mjolimer
Do you mean a close of a full 1h candle below b/o triple bottom? on g/j?
yes a close below 241.40 would be a confirmation of bearish continuation, but i'll wait for auslanco to confirm
Trade what you see, not what you think.
  • #11,497
  • Jul 27, 2007 5:48am Jul 27, 2007 5:48am
Dear Auslanco,

Have tried to add my name to the yahoomessenger list.Pending since the last couple of hours for u to accept.
Is there anyway u could add me to ur list.My id is
purnima2208 AT yahoo.com
Thx.
Let me know if u have added me or having trouble adding me by acknowledging here, so i wouldnt have to stress myself seeing the pending request all along.
  • #11,498
  • Jul 27, 2007 5:49am Jul 27, 2007 5:49am
Quoting auslanco
for some reason I cannot add any more people to yahoo messanger..
I wonder if they have a limit - wouldnt suprise me in the least. I guess it may be work having a look at the free chat software as posted earlier - but thats a weekend job.
  • #11,499
  • Jul 27, 2007 5:52am Jul 27, 2007 5:52am
the pair is nicely stuck between the pivot and 1st support....perfect example of range bound.
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  • #11,500
  • Jul 27, 2007 5:53am Jul 27, 2007 5:53am
Quoting auslanco
for some reason I cannot add any more people to yahoo messanger..

Maybe that explains why I havent been added
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