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

  • #4,621
  • Aug 7, 2007 11:12am Aug 7, 2007 11:12am
whats your TP's?
  • #4,622
  • Aug 7, 2007 11:15am Aug 7, 2007 11:15am
my chart shown like this at the moment...might be revearsal?
Attached Image (click to enlarge)
Click to Enlarge Name: gj_78.jpg Size: 37 KB
  • #4,623
  • Aug 7, 2007 11:17am Aug 7, 2007 11:17am
Quoting auslanco
If you are long enjoy the ride.. this may go all the way up

I hedged my position,so i think is better to close the short position!
  • #4,624
  • Aug 7, 2007 11:21am Aug 7, 2007 11:21am
Next resistance 240.38
New Forex Trader
  • #4,625
  • Aug 7, 2007 11:21am Aug 7, 2007 11:21am
MACD is still showing Down on 1HR Chart though.
  • #4,626
  • Aug 7, 2007 11:22am Aug 7, 2007 11:22am
The parabolic SAR on the dow reversed down, so I don't expect a jump up in GJ (at least not before a warning from the dow).
  • #4,627
  • Aug 7, 2007 11:22am Aug 7, 2007 11:22am
Quoting teekee
Next resistance 240.38

Yeah and i think that this is 50% fibo at 1H!
  • #4,628
  • Aug 7, 2007 11:25am Aug 7, 2007 11:25am
Quoting markam
The parabolic SAR on the dow reversed down, so I don't expect a jump up in GJ (at least not before a warning from the dow).
Closed, thanks.
  • #4,629
  • Aug 7, 2007 11:26am Aug 7, 2007 11:26am
Quoting newjersey24
MACD is still showing Down on 1HR Chart though.
Thanks for look out.
  • #4,630
  • Aug 7, 2007 11:27am Aug 7, 2007 11:27am
Quoting trader8686
Closed, thanks.

I'm looking at short-term movements on the dow, so I am not predicting GJ won't go up from here, just that it won't jump up without a signal from the dow first.
  • #4,631
  • Aug 7, 2007 11:32am Aug 7, 2007 11:32am
Quoting I.Y.I
Yeah and i think that this is 50% fibo at 1H!

Dont forget the 61 FIb at 239.80
  • #4,632
  • Aug 7, 2007 11:34am Aug 7, 2007 11:34am
dow just reversed again
  • #4,633
  • Aug 7, 2007 11:34am Aug 7, 2007 11:34am
I feel you guys are reading my chart now LOL

keep up the great work, I hope we get out of this 243-237 range soon.. I'd like to see new numbers
Trade what you see, not what you think.
  • #4,634
  • Aug 7, 2007 11:36am Aug 7, 2007 11:36am
About 60-90 seconds between movement in the dow and reaction in GJ
  • #4,635
  • Aug 7, 2007 11:36am Aug 7, 2007 11:36am
I hope the people who are following my strategy spotted this reversal..15 min SI turned up @ 239.37.. thats when I went long.
  • #4,636
  • Aug 7, 2007 11:38am Aug 7, 2007 11:38am
dow is stuck at opening level. Unless it breaks in one direction, GJ is not going to do anything.
  • #4,637
  • Aug 7, 2007 11:42am Aug 7, 2007 11:42am
Quoting markam
dow is stuck at opening level. Unless it breaks in one direction, GJ is not going to do anything.
Thanks and keep on.
  • #4,638
  • Aug 7, 2007 11:45am Aug 7, 2007 11:45am
DOW currently up 0.03%
  • #4,639
  • Aug 7, 2007 11:45am Aug 7, 2007 11:45am
You notice the dow is at its opening level, and GJ is at the level of the stock market open. It is really wild how GJ exactly tracks the dow.
  • #4,640
  • Aug 7, 2007 11:46am Aug 7, 2007 11:46am
dow breaking downward


update - nevermind (in my best Rosanne Rosannadana voice)
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