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

  • #4,621
  • Aug 7, 2007 9:12am Aug 7, 2007 9:12am
whats your TP's?
  • #4,622
  • Aug 7, 2007 9:15am Aug 7, 2007 9:15am
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 9:17am Aug 7, 2007 9:17am
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 9:21am Aug 7, 2007 9:21am
Next resistance 240.38
New Forex Trader
  • #4,625
  • Aug 7, 2007 9:21am Aug 7, 2007 9:21am
MACD is still showing Down on 1HR Chart though.
  • #4,626
  • Aug 7, 2007 9:22am Aug 7, 2007 9:22am
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 9:22am Aug 7, 2007 9:22am
Quoting teekee
Next resistance 240.38

Yeah and i think that this is 50% fibo at 1H!
  • #4,628
  • Aug 7, 2007 9:25am Aug 7, 2007 9:25am
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 9:26am Aug 7, 2007 9:26am
Quoting newjersey24
MACD is still showing Down on 1HR Chart though.
Thanks for look out.
  • #4,630
  • Aug 7, 2007 9:27am Aug 7, 2007 9:27am
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 9:32am Aug 7, 2007 9:32am
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 9:34am Aug 7, 2007 9:34am
dow just reversed again
  • #4,633
  • Aug 7, 2007 9:34am Aug 7, 2007 9:34am
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 9:36am Aug 7, 2007 9:36am
About 60-90 seconds between movement in the dow and reaction in GJ
  • #4,635
  • Aug 7, 2007 9:36am Aug 7, 2007 9:36am
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 9:38am Aug 7, 2007 9:38am
dow is stuck at opening level. Unless it breaks in one direction, GJ is not going to do anything.
  • #4,637
  • Aug 7, 2007 9:42am Aug 7, 2007 9:42am
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 9:45am Aug 7, 2007 9:45am
DOW currently up 0.03%
  • #4,639
  • Aug 7, 2007 9:45am Aug 7, 2007 9:45am
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 9:46am Aug 7, 2007 9:46am
dow breaking downward


update - nevermind (in my best Rosanne Rosannadana voice)
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