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

  • #2,521
  • Aug 1, 2007 2:12am Aug 1, 2007 2:12am
Quoting markam
I would wait for at least 238.9
dont you mean 237.9
Trade what you see, not what you think.
  • #2,522
  • Aug 1, 2007 2:13am Aug 1, 2007 2:13am
Quoting digitizer123
No advanced trader here but it is simple - as I have said hours before - when it turned around nearly 600 pips above - It will go down a test the bottom - that is exactly what is going on - if it breaks we keep dropping - if it holds for a while we go up

Botttom testing .. .
Thank you.
  • #2,523
  • Aug 1, 2007 2:14am Aug 1, 2007 2:14am
Quoting maestr2
dont you mean 237.9
238.9

still think it is going to do a sharp rise, then drop
  • #2,524
  • Aug 1, 2007 2:16am Aug 1, 2007 2:16am
Quoting markam
238.9

still think it is going to do a sharp rise, then drop
i see, hope you are right. i originally had it retracing to 239.2, will keep an eye on your number as well, tks
Trade what you see, not what you think.
  • #2,525
  • Aug 1, 2007 2:18am Aug 1, 2007 2:18am
Quoting maestr2
i see, hope you are right. i originally had it retracing to 239.2, will keep an eye on your number as well, tks

I also have an order set at 238 in case I am blowing smoke out of my ass
  • #2,526
  • Aug 1, 2007 2:18am Aug 1, 2007 2:18am
Quoting markam
I also have an order set at 238 in case I am blowing smoke out of my ass
lol
Trade what you see, not what you think.
  • #2,527
  • Aug 1, 2007 2:19am Aug 1, 2007 2:19am
Quoting maestr2
lol

Germany''s DAX Index Opens at 7,472.36 Down 111.78 Points or 1.47%For comments and feedback: contact [email protected](c) 2007 RealTimeTraders.com, Inc. All Rights Reserved
Trade what you see, not what you think.
  • #2,528
  • Aug 1, 2007 2:20am Aug 1, 2007 2:20am
For a successful bottom testing it has to do a few things
1) Super high volume - volume looks very high
2) Has to stay at this level for a while until all the weak longs have given up

If fails - Long ride down
  • #2,529
  • Aug 1, 2007 2:20am Aug 1, 2007 2:20am
http://finance.yahoo.com/intlindices?e=europe

When is it going to filter through to us?
  • #2,530
  • Aug 1, 2007 2:22am Aug 1, 2007 2:22am
Quoting digitizer123
For a successful bottom testing it has to do a few things
1) Super high volume - volume looks very high
2) Has to stay at this level for a while until all the weak longs have given up

If fails - Long ride down

You are a crazy sumbitch if you are betting long right now.
  • #2,531
  • Aug 1, 2007 2:23am Aug 1, 2007 2:23am
guess I wasn't blowing smoke out of my ass.
  • #2,532
  • Aug 1, 2007 2:23am Aug 1, 2007 2:23am
What do you mean?

Quoting dimmi
http://finance.yahoo.com/intlindices?e=europe

When is it going to filter through to us?
  • #2,533
  • Aug 1, 2007 2:23am Aug 1, 2007 2:23am
inching up slowly...if it breaks 5ema on hourly .. maybe the double bottom held.. any experts got entry's for longs ? please share your ideas
  • #2,534
  • Aug 1, 2007 2:25am Aug 1, 2007 2:25am
i read the 5sma at 239.04. I think it will drop before it touches there.
  • #2,535
  • Aug 1, 2007 2:27am Aug 1, 2007 2:27am
Quoting markam
i read the 5sma at 239.04. I think it will drop before it touches there.
good call
Trade what you see, not what you think.
  • #2,536
  • Aug 1, 2007 2:27am Aug 1, 2007 2:27am
i'm in
  • #2,537
  • Aug 1, 2007 2:27am Aug 1, 2007 2:27am
it needs to break the m1 pivot at 238.85.. its having trouble
  • #2,538
  • Aug 1, 2007 2:29am Aug 1, 2007 2:29am
Where are we target to?
  • #2,539
  • Aug 1, 2007 2:30am Aug 1, 2007 2:30am
well we still dont know the direction

Quoting trader8686
Where are we target to?
  • #2,540
  • Aug 1, 2007 2:30am Aug 1, 2007 2:30am
4 hr indicator pointing down
1hr indicator pointing up
30mins pointing up also...

Now according to AUS charts, does anyone remember wads that suppose to mean?
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