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

  • #2,621
  • Aug 1, 2007 6:03am Aug 1, 2007 6:03am
Wow.. are you sure GJ is going down? Lol
  • #2,622
  • Aug 1, 2007 6:03am Aug 1, 2007 6:03am
Quoting karmostaji
1hr TF, we are in a downtrend channel

http://img292.imageshack.us/img292/223/gjux6.gif
what ya think
  • #2,623
  • Aug 1, 2007 6:04am Aug 1, 2007 6:04am
239.42 hit as pridicted...next target 240.60.... Yeah baby
  • #2,624
  • Aug 1, 2007 6:04am Aug 1, 2007 6:04am
Quoting markam
You are a crazy sumbitch if you are betting long right now.
You should be banned for posting message like this.
  • #2,625
  • Aug 1, 2007 6:05am Aug 1, 2007 6:05am
Quoting karmostaji
I closed 1 of my short positions (+65) since new candle opened outside the channel, expect price to go up to 239.6 - 240
one short is still running.. so let's see
In that case will we still go to 236, or not? For I have several short positions.
  • #2,626
  • Aug 1, 2007 6:09am Aug 1, 2007 6:09am
Quoting trader8686
In that case will we still go to 236, or not? For I have several short positions.
From what I've seen .. honestly.. the predictions here keep changing.. I don't think you can ever predict what this beast is going to do next..
  • #2,627
  • Aug 1, 2007 6:10am Aug 1, 2007 6:10am
Quoting VishalJ
From what I've seen .. honestly.. the predictions here keep changing.. I don't think you can ever predict what this beast is going to do next..
Nice.
  • #2,628
  • Aug 1, 2007 6:11am Aug 1, 2007 6:11am
Quoting trader8686
In that case will we still go to 236, or not? For I have several short positions.
It is testing 38.2 fibo (239.60) and might test a daily trendline I have at 240.00, if it fails to break.. then we'll see what happens
Trade what you see, not what you think.
  • #2,629
  • Aug 1, 2007 6:14am Aug 1, 2007 6:14am
As i see we are testing 23.6% Fibo at 240.76(4H) and then maybe we can see 236 m'i right,correct me if i'm wrong?
  • #2,630
  • Aug 1, 2007 6:14am Aug 1, 2007 6:14am
Quoting karmostaji
It is testing 38.2 fibo (239.60) and might test a daily trendline I have at 240.00, if it fails to break.. then we'll see what happens
Nice, too.
  • #2,631
  • Aug 1, 2007 6:14am Aug 1, 2007 6:14am
From what I've seen .. honestly.. the predictions here keep changing..
Quoting VishalJ
I don't think you can ever predict what this beast is going to do next..
That's right baby....it is impossible to predict...but some of us will try dying...
  • #2,632
  • Aug 1, 2007 6:15am Aug 1, 2007 6:15am
Fish in a barrel, like I said before, all you need are the right lines on the chart.

Jim
Attached Image (click to enlarge)
Click to Enlarge Name: g-j.jpg Size: 59 KB
  • #2,633
  • Aug 1, 2007 6:15am Aug 1, 2007 6:15am
LONDON (Reuters) - Stock index futures fell on Wednesday, extending Tuesday's declines as casualties mounted from deteriorating credit markets and global equities took a beating.
Wall Street investors will also keep a close eye on a rush of earnings, with Kraft Foods (KFT.N: Quote, Profile, Research), Moody's (MCO.N: Quote, Profile, Research), Electronic Data Systems (EDS.N: Quote, Profile, Research), Starbucks (SBUX.O: Quote, Profile, Research) and Time Warner (TWX.N: Quote, Profile, Research) unveiling results.
By 5:55 a.m. ET, Dow September futures were down 0.7 percent, S&P futures 0.8 percent lower and Nasdaq futures had lost 0.6 percent.

For more info: http://www.reuters.com/article/hotSt...RY_selling_off
Humble Lifetime Member
  • #2,634
  • Aug 1, 2007 6:16am Aug 1, 2007 6:16am
Damn FTSE is going up.. so this also adds to upward GJ movement
  • #2,635
  • Aug 1, 2007 6:18am Aug 1, 2007 6:18am
1H SI
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  • #2,636
  • Aug 1, 2007 6:20am Aug 1, 2007 6:20am
Quoting VishalJ
Damn FTSE is going up.. so this also adds to upward GJ movement
U/J also
  • #2,637
  • Aug 1, 2007 6:22am Aug 1, 2007 6:22am

ooohhh....looks like hard resistance...

"Analysis Is Hard But Trade Is Easy"
  • #2,638
  • Aug 1, 2007 6:23am Aug 1, 2007 6:23am
Quoting chonpz
hmm can u translate for me!!
If you are a newby, Take a charting course from a good chartist like Money Duck. It's all about trendlines. PM me and I will hook you up with him.

Jim
  • #2,639
  • Aug 1, 2007 6:23am Aug 1, 2007 6:23am
Quoting trader8686
In that case will we still go to 236, or not? For I have several short positions.
The 4H is still bearish but the hourlies have turned bullish and we've just crossed the upper trend line....so be careful....
  • #2,640
  • Aug 1, 2007 6:23am Aug 1, 2007 6:23am
Quoting Se[V]eN

ooohhh....looks like hard resistance...

Closing in on 38 % fib level
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