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

  • #11,521
  • Aug 20, 2007 12:33am Aug 20, 2007 12:33am
Quoting Que
Man, we are starting to get some heavy hitters in this thread. I did not notice you were part of this thread Ken. I have read many of your posts. I like how you evaluate the market.
Well I don't know how I rank amongst these PRO's, it has been a pleasure reading along everyone's post here.

There are numerous ideas that can be found here, and I am appreciative of the time everyone places on their analysis.

Time to get that target there boys at 229.00

When it breaks above the Frankfurt/Asia HIGH/LOW, then you can pretty much take it to the bank.
  • #11,522
  • Aug 20, 2007 12:35am Aug 20, 2007 12:35am
Quoting monarch
Well I don't know how I rank amongst these PRO's, it has been a pleasure reading along everyone's post here.

There are numerous ideas that can be found here, and I am appreciative of the time everyone places on their analysis.

Time to get that target there boys at 229.00

When it breaks above the Frankfurt/Asia HIGH/LOW, then you can pretty much take it to the bank.

30ish pips to go. It'll hit before your head hits the pillow.....Hopefully
Que
  • #11,523
  • Aug 20, 2007 12:37am Aug 20, 2007 12:37am
unloaded all my long's =)

now awaiting retracement
  • #11,524
  • Aug 20, 2007 12:39am Aug 20, 2007 12:39am
Quoting monarch
Hey , your charts only reached the 227.97 high?

I had 228.96 around 11:30 am EST of Friday.

Either way, were pressing the 228.00 mark here, which should signal some upward movement during the London Session.

Time to make those pips Bro!!
Sorry ken, still typing with the wrong hand - should have been 228.97 !
  • #11,525
  • Aug 20, 2007 12:39am Aug 20, 2007 12:39am
Quoting Que
30ish pips to go. It'll hit before your head hits the pillow.....Hopefully
Well, I guess it moves pretty quick, didn't even have time to turn computer off.

I see how it spike above the 228.96 line and cleared our target at 229.00

I am clear, but expect a continuation to 229.55 at least here the next 15 minutes or so.
  • #11,526
  • Aug 20, 2007 12:39am Aug 20, 2007 12:39am
thanks aus
very excellent
target hit
but a question??
how we determine the retracment??
whent it starts????

thanks again aus
  • #11,527
  • Aug 20, 2007 12:40am Aug 20, 2007 12:40am
  •  vrama
  • | Joined Dec 2006 | Status: BE at right place@right time = LUCK | 210 Posts
thanks Guys, my TP 229.10 reached.
All things are difficult before they are easy.
  • #11,528
  • Aug 20, 2007 12:41am Aug 20, 2007 12:41am
Quoting musicman007
Sorry ken, still typing with the wrong hand - should have been 228.97 !
I figured you were looking out one eye and typing with one finger, or you were playing with my head.

You get your pips here bro???

I am hitting the sack till NY open time, plan on scalping a few hundred pips then.

Chat with you in a few hours.

Ken
  • #11,529
  • Aug 20, 2007 12:43am Aug 20, 2007 12:43am
Quoting auslanco
I totally agree with you that this wave has the potential to go up to 231.65. But I will be happy to collect my pips around 229 area . Thanks bro..
Thank you Aus for that trade call. sw
The Will is Greater than the Skill
  • #11,530
  • Aug 20, 2007 12:45am Aug 20, 2007 12:45am
Auslanco, thank you
  • #11,531
  • Aug 20, 2007 12:46am Aug 20, 2007 12:46am
Quoting monarch
I figured you were looking out one eye and typing with one finger, or you were playing with my head.

You get your pips here bro???

I am hitting the sack till NY open time, plan on scalping a few hundred pips then.

Chat with you in a few hours.

Ken
Ok C YU then
  • #11,532
  • Aug 20, 2007 12:47am Aug 20, 2007 12:47am
Thanks Aus...
  • #11,533
  • Aug 20, 2007 12:51am Aug 20, 2007 12:51am
Damn.. It touched the daily 5 SMA.. But I exited @ 229.10.
  • #11,534
  • Aug 20, 2007 12:51am Aug 20, 2007 12:51am
  •  vrama
  • | Joined Dec 2006 | Status: BE at right place@right time = LUCK | 210 Posts
Next resistance 230.39??
All things are difficult before they are easy.
  • #11,535
  • Aug 20, 2007 12:54am Aug 20, 2007 12:54am
Quoting auslanco
Damn.. It touched the daily 5 SMA.. But I exited @ 229.10.

Well according to the system, in 6 in its a long entry.

H4 QQE up, and this H4 will officially open on other side of Gann.
Que
  • #11,536
  • Aug 20, 2007 12:54am Aug 20, 2007 12:54am
retract now to 228.20 ?
  • #11,537
  • Aug 20, 2007 12:56am Aug 20, 2007 12:56am
Quoting vrama
Next resistance 230.39??
Be carefull if you are planning to go Long again.. Usually when the price reach The daily 5 SMA it bounces back pretty hard. This does not mean it's safe to go short either.. Just stay away from the market until you get another confirmation in few hours.
  • #11,538
  • Aug 20, 2007 12:56am Aug 20, 2007 12:56am
hate it but have to go AUS , any idea from where can we see retractment?

Thanks for helping us all
  • #11,539
  • Aug 20, 2007 12:57am Aug 20, 2007 12:57am
30min 5sma is @ 228.06.. thats a 100pip from now.. haha.. but i'm not gonna scalp..

happy with the trade today, and gonna wait to see where this heads..

London opens soon~

Quoting auslanco
Be carefull if you are planning to go Long again.. Usually when the price reach The daily 5 SMA it bounces back pretty hard. This does not mean it's safe to go short either.. Just stay away from the market until you get another confirmation in few hours.
  • #11,540
  • Aug 20, 2007 12:58am Aug 20, 2007 12:58am
Quoting monarch
Well, I guess it moves pretty quick, didn't even have time to turn computer off.

I see how it spike above the 228.96 line and cleared our target at 229.00

I am clear, but expect a continuation to 229.55 at least here the next 15 minutes or so.
Well just as expected the 229.00 was cleared with ease, and the extension to 229.55 was almost reached at 229.42 based on the Range of ASIA/FRANKFURT that I had figured would be the point of retrace, with a test of the 229.00 as support to continue to the 231.00 area "possibly" during the NY session.

This is all speculation based upon mathmatical caclulations and should not be considered as a trade call to the 231 area.

NOTE: "A" has seen this Daily 5SMA bounce a retrace, so this is a good time to step aside and watch a bit.

All for FUN and FUN for ALL!
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