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

  • #16,701
  • Aug 28, 2007 7:15am Aug 28, 2007 7:15am
Quoting auslanco
Oh karmo.. karmo... Good luck to you buddy
why dont you guys put on some boxing gloves instead?
  • #16,702
  • Aug 28, 2007 7:15am Aug 28, 2007 7:15am
Quoting mjolimer
30 minute qqe about to go below 50.. come on Yogi!!!

about to cross down
  • #16,703
  • Aug 28, 2007 7:16am Aug 28, 2007 7:16am
Quoting PipBuLL007
why dont you guys put on some boxing gloves instead?
why don't you be our punching bag
  • #16,704
  • Aug 28, 2007 7:16am Aug 28, 2007 7:16am
Quoting auslanco
Oh karmo.. karmo... Good luck to you buddy
Thanks bud, you too and let's both make money

If my rocket starts miss-firing, i'm going to come to Australia :
Trade what you see, not what you think.
  • #16,705
  • Aug 28, 2007 7:16am Aug 28, 2007 7:16am
Quoting karmostaji
I added another Long rocket at 5SMA 1H
its irelevent if your new long rocket will launch or not. just the timeing is amazing and your coments are priceless. You are God
  • #16,706
  • Aug 28, 2007 7:17am Aug 28, 2007 7:17am
Quoting karmostaji
Thanks bud, you too and let's both make money

If my rocket starts miss-firing, i'm going to come to Australia :
Sure .. anytime bro..
  • #16,707
  • Aug 28, 2007 7:17am Aug 28, 2007 7:17am
got additional 28 and 50 shorts as well
  • #16,708
  • Aug 28, 2007 7:18am Aug 28, 2007 7:18am
I will reverse only when this strong support gets broken, otherwise I'm long biased
Trade what you see, not what you think.
  • #16,709
  • Aug 28, 2007 7:19am Aug 28, 2007 7:19am
Just added some more longs myself
and still very confident it will go up
If you lose, I will grab your pips away
  • #16,710
  • Aug 28, 2007 7:19am Aug 28, 2007 7:19am
Quoting auslanco
Different traders can interpret retacemants as trend lines hits etc etc.. I dont believe in trend lines.. There are retracemnts from 1min to 1year.. Last rally we saw upto 235.36 was just the weekly 5sma retracemnts. Thats why I was never comfortable going long during that rally. Now what we are seeing is the daily 5sma retracemnt.. If we pass through the daily 5sma retracemnt then there are no retracemts down to the months low.. So thats a free fall
Aus,

If I understand what you were saying earlier in Asia, you were calling (eventually) for a retrace to the Daily 5SMA before we see a full bear drop. Not sure if I am assessing your post correctly here but it does seem like the Daily 5SMA is possible at this point. Even though the smaller TF's were bearish earlier in Asia, the Daily Momentum (Wow, look at it!) seemed to be pulling this sucker up. The Daily 5SMA is the only current 5SMA hovering above current price. As you pointed out, we already achieved the Weekly 5SMA last week. Where price goes from there I'm not sure. I guess it depends on what happens on the 4H Chart. But I think that your assessment way back in Asia could be coming to pass.

M2B
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy daily.gif Size: 19 KB
  • #16,711
  • Aug 28, 2007 7:20am Aug 28, 2007 7:20am
hahahaha... then i put money on the bag..lmao... dow futures is down -45

Quoting auslanco
why don't you be our punching bag
  • #16,712
  • Aug 28, 2007 7:21am Aug 28, 2007 7:21am
231.65
231.51 and
231.49

are my only concerns for 229 levels...
give me my pips back...
  • #16,713
  • Aug 28, 2007 7:23am Aug 28, 2007 7:23am
Quoting karmostaji
I will reverse only when this strong support gets broken, otherwise I'm long biased
what exactly is the strong support you are talking about my friend?
give me my pips back...
  • #16,714
  • Aug 28, 2007 7:24am Aug 28, 2007 7:24am
Quoting Lincoln_10
what exactly is the strong support you are talking about my friend?
231.40-231.70 area

I have 3 fibs here (weekly, daily, 4h) + 4H trendline
Trade what you see, not what you think.
  • #16,715
  • Aug 28, 2007 7:24am Aug 28, 2007 7:24am
Quoting Lincoln_10
231.65
231.51 and
231.49

are my only concerns for 229 levels...
Yeah. There's a cocktail of fibs, support levels, and channel lines down there. Hopefully the retrace we just had will pack enough punch to blast through those. Otherwise, I guess it is bull time.
  • #16,716
  • Aug 28, 2007 7:26am Aug 28, 2007 7:26am
Quoting karmostaji
231.40-231.70 area

I have 3 fibs here (weekly, daily, 4h) + 4H trendline
thanx for mentioning these levels
give me my pips back...
  • #16,717
  • Aug 28, 2007 7:26am Aug 28, 2007 7:26am
Quoting karmostaji
231.40-231.70 area

I have 3 fibs here (weekly, daily, 4h) + 4H trendline
added one more rocket on that dip.

232.00 and 231.90
  • #16,718
  • Aug 28, 2007 7:27am Aug 28, 2007 7:27am
GU will go to 0150
Trade what you see, not what you think.
  • #16,719
  • Aug 28, 2007 7:27am Aug 28, 2007 7:27am
Quoting tondekeman
Yeah. There's a cocktail of fibs, support levels, and channel lines down there. Hopefully the retrace we just had will pack enough punch to blast through those. Otherwise, I guess it is bull time.
exactly... but my bias is that the pair will have strength to break these supports... DOW should fall significantly in my opinion.
give me my pips back...
  • #16,720
  • Aug 28, 2007 7:29am Aug 28, 2007 7:29am
Look at the hourly chart, GJ tried 10 (yes, TEN!) times to break the support, and it failed.
Trade what you see, not what you think.
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