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

  • #8,841
  • Aug 15, 2007 11:34pm Aug 15, 2007 11:34pm
Quoting emda
sorry.. I can't resist this...

YEAHHHH !!!!!!! Target profit reached !!!!!
from 240... to 230...
a flag is a flag


and now what?
Congratulations! Very cool Nice chart! BR
  • #8,842
  • Aug 15, 2007 11:35pm Aug 15, 2007 11:35pm
Quoting bluerose
Do you speak Italian, Auslanco? BR
hey Blu, Just sent you a PM.
  • #8,843
  • Aug 15, 2007 11:35pm Aug 15, 2007 11:35pm
Quoting auslanco
I wish.. but No
You sound Italian though ! I have lived in Rome for 6 years! BR
  • #8,844
  • Aug 15, 2007 11:37pm Aug 15, 2007 11:37pm
Quoting emda
sorry.. I can't resist this...

YEAHHHH !!!!!!! Target profit reached !!!!!
from 240... to 230...
a flag is a flag


and now what?
Omedetto...

Congrats...

You're great...
  • #8,845
  • Aug 15, 2007 11:39pm Aug 15, 2007 11:39pm
Quoting auslanco
retraco to 5sma 1hr
Then what???
Do you see any major down move with the monthly TFT sitting at 229???
  • #8,846
  • Aug 15, 2007 11:40pm Aug 15, 2007 11:40pm
hmmm..... where do you guys think this is headed now?
  • #8,847
  • Aug 15, 2007 11:41pm Aug 15, 2007 11:41pm
Aus, your retracement target reached handsomely .. http://www.forexfactory.com/images/icons/icon7.gif and a lot more higher.
  • #8,848
  • Aug 15, 2007 11:42pm Aug 15, 2007 11:42pm
Quoting cesande
Then what???
Do you see any major down move with the monthly TFT sitting at 229???

I was just about to ask the same question. Now what happens?

The Nikkei is down more than 500 points. It seems like we would have more down to go.
  • #8,849
  • Aug 15, 2007 11:42pm Aug 15, 2007 11:42pm
Quoting mktjong
Aus, your retracement target reached handsomely .. http://www.forexfactory.com/images/icons/icon7.gif and a lot more higher.

yhh and my weekly target coverd too
  • #8,850
  • Aug 15, 2007 11:43pm Aug 15, 2007 11:43pm
sold a teeny-weenie bit, to recharge the shorts @ 231.03
  • #8,851
  • Aug 15, 2007 11:44pm Aug 15, 2007 11:44pm
Quoting auslanco
yhh and my weekly target coverd too
But YoYo says you are always wrong????
  • #8,852
  • Aug 15, 2007 11:45pm Aug 15, 2007 11:45pm
I am more and more convinced that positive or negative divergence especially on hourly chart is like free money. Almost guarantee right to profit the trade http://www.forexfactory.com/images/icons/icon7.gif
  • #8,853
  • Aug 15, 2007 11:47pm Aug 15, 2007 11:47pm
Quoting markam
But YoYo says you are always wrong????
Thats what I thought too... but I guess I can be right sometimes
  • #8,854
  • Aug 15, 2007 11:49pm Aug 15, 2007 11:49pm
Movement like this is relatively rare during the Asian session, I wonder what this forebodes for the London session.
  • #8,855
  • Aug 15, 2007 11:49pm Aug 15, 2007 11:49pm
Now could be a time when trend is reversing. Just before reverse usulally crazy drop like this. What do you guys think?
"Every battle is won before it is ever fought." - Sun-tzu, The Art of War.
  • #8,856
  • Aug 15, 2007 11:49pm Aug 15, 2007 11:49pm
Quoting mktjong
I am more and more convinced that positive or negative divergence especially on hourly chart is like free money. Almost guarantee right to profit the trade http://www.forexfactory.com/images/icons/icon7.gif
Can you show a chart?

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #8,857
  • Aug 15, 2007 11:50pm Aug 15, 2007 11:50pm
With as much pressure as there is on the equity markets right now, does anybody think GJ will be able to go into ranging mode at this time, or will the fundemental factors force it down?
  • #8,858
  • Aug 15, 2007 11:51pm Aug 15, 2007 11:51pm
AUS .....Amazingly accurate projections this morning ...this thread is in my opinion the best learning curve you could ask for trading the GBP/JPY.
Excellent contributions from all ...Excellent work
  • #8,859
  • Aug 15, 2007 11:53pm Aug 15, 2007 11:53pm
Monster Support @ monthly TFT.. It will be broken next month for sure. But can it be broken this month???
Attached Image
  • #8,860
  • Aug 15, 2007 11:53pm Aug 15, 2007 11:53pm
Quoting mktjong
I am more and more convinced that positive or negative divergence especially on hourly chart is like free money. Almost guarantee right to profit the trade http://www.forexfactory.com/images/icons/icon7.gif

Well, I think you're right..cos it's at the centre of my approach, too.
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