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

  • #18,461
  • Aug 29, 2007 8:55pm Aug 29, 2007 8:55pm
Quoting auslanco
Thats great bro.. But please try not to flood this thread with scalping trade posts.... cheers
10-4 on that! You won't have to say it again....to me anyway!
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  • #18,462
  • Aug 29, 2007 8:59pm Aug 29, 2007 8:59pm
my only worry is 1hr QQE,, If it cross down.. the market will range for a while
  • #18,463
  • Aug 29, 2007 8:59pm Aug 29, 2007 8:59pm
the british housing price report may put a damper on movement until after it is reported in 4 hours. With all the turmoil in the US over housing issues, it may have a greater impact than normal.
  • #18,464
  • Aug 29, 2007 9:00pm Aug 29, 2007 9:00pm
within this 30min cross in 1minute
Quoting auslanco
Nope.. If the 30 min cross upwards it will easily reach my second target...
  • #18,465
  • Aug 29, 2007 9:00pm Aug 29, 2007 9:00pm
Quoting auslanco
Nope.. If the 30 min cross upwards it will easily reach my second target...
trying to understand the reasoning.....the Week TF is very bearish...the day seems like it may be turning bullish, depending on where it closes by tomorrow. and the 4H is undecided at the moment...sitting on the 5sma. So, how would a 30 cross up confirm a break through. please explain.

thank you.

EDIT; UNLESS THE REASONING IS THAT A SECOND ATTEMPT AT THE RESISTANCE WOULD BREAK IT.
  • #18,466
  • Aug 29, 2007 9:06pm Aug 29, 2007 9:06pm
This is my prediction. what do you think???
Attached Image (click to enlarge)
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  • #18,467
  • Aug 29, 2007 9:10pm Aug 29, 2007 9:10pm
Hi again all,

My report again .. hope would be useful to y'all
Current Japanese 10 yrs treasuries is negative at -0.022, if it stays like that .. bull is very likely to have the call
But current indicators direction is a bit uncertain http://www.forexfactory.com/images/icons/icon8.gif kind of ranging..

By the way, is KevinSW gone for work yet? http://www.forexfactory.com/images/icons/icon10.gif
  • #18,468
  • Aug 29, 2007 9:11pm Aug 29, 2007 9:11pm
Hi Auslanco

I'll try and only ask Q's if I REALLY need to.
Have read the strategy and posts etc - will learn slowly.

But really want to know, you still have 2 targets - but how? Wouldn't you have been stopped by that retrace to 232.7?

please let me know what I've missed.

cheers
  • #18,469
  • Aug 29, 2007 9:11pm Aug 29, 2007 9:11pm
the primary trend is lower and we look to reset on a topside failure.Strategy:[email protected] 235.55(M)Daily High, Aug 27 235.00(M)Psychological

Quoting auslanco
This is my prediction. what do you think???
  • #18,470
  • Aug 29, 2007 9:13pm Aug 29, 2007 9:13pm
morning ppl! i think anything could happen in the market right now. so many news releases on their way.
  • #18,471
  • Aug 29, 2007 9:13pm Aug 29, 2007 9:13pm
Quoting AWG
trying to understand the reasoning.....the Week TF is very bearish...the day seems like it may be turning bullish, depending on where it closes by tomorrow. and the 4H is undecided at the moment...sitting on the 5sma. So, how would a 30 cross up confirm a break through. please explain.

thank you.

EDIT; UNLESS THE REASONING IS THAT A SECOND ATTEMPT AT THE RESISTANCE WOULD BREAK IT.

If the 30 min cross upwards.. just watch and observe how it breaks.. 2nd attempt theory
  • #18,472
  • Aug 29, 2007 9:14pm Aug 29, 2007 9:14pm
just this and the dow ind gives you good results???I no were info for the dow is but treasuries?????
Quoting mktjong
Hi again all,

My report again .. hope would be useful to y'all
Current Japanese 10 yrs treasuries is negative at -0.022, if it stays like that .. bull is very likely to have the call
But current indicators direction is a bit uncertain http://www.forexfactory.com/images/icons/icon8.gif kind of ranging..

By the way, is KevinSW gone for work yet? http://www.forexfactory.com/images/icons/icon10.gif
  • #18,473
  • Aug 29, 2007 9:14pm Aug 29, 2007 9:14pm
this 1hr bar should take us to 234.27+
  • #18,474
  • Aug 29, 2007 9:15pm Aug 29, 2007 9:15pm
Quoting trogger
Hi Auslanco

I'll try and only ask Q's if I REALLY need to.
Have read the strategy and posts etc - will learn slowly.

But really want to know, you still have 2 targets - but how? Wouldn't you have been stopped by that retrace to 232.7?

please let me know what I've missed.

cheers
Aus stop loss was at 232.10
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  • #18,475
  • Aug 29, 2007 9:16pm Aug 29, 2007 9:16pm
Quoting trogger
Hi Auslanco

I'll try and only ask Q's if I REALLY need to.
Have read the strategy and posts etc - will learn slowly.

But really want to know, you still have 2 targets - but how? Wouldn't you have been stopped by that retrace to 232.7?

please let me know what I've missed.

cheers

stopped out you are correct.. waiting for a good entry..to go long again.. right now i'm doing few scalps
  • #18,476
  • Aug 29, 2007 9:16pm Aug 29, 2007 9:16pm
any feelings AUS????
Quoting turn1to100
the primary trend is lower and we look to reset on a topside failure.Strategy:[email protected] 235.55(M)Daily High, Aug 27 235.00(M)Psychological
  • #18,477
  • Aug 29, 2007 9:17pm Aug 29, 2007 9:17pm
Quoting auslanco
This is my prediction. what do you think???
I already stated earlier that it definitely looks like 235.50 will be retested. My opinion, which doesn't count for much, is that there is a good possibility that 239.00 will be reached (there is a 61.8 Fibo there). I'm not sure about your Monthly 5SMA , though there is an extended Fib right there at 240.50. But then again, September is historically a bullish month for GBP/JPY, for whatever that's worth.

M2B
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  • #18,478
  • Aug 29, 2007 9:18pm Aug 29, 2007 9:18pm
Quoting Saintjay
Aus stop loss was at 232.10
I brought it forward to 233
  • #18,479
  • Aug 29, 2007 9:21pm Aug 29, 2007 9:21pm
Quoting turn1to100
any feelings AUS????
235.50 is my immediate target.... if it breaks that level it will go up to 239.40. Just my thoughts... usually my TP3 targets are crap anyway but 235.50
  • #18,480
  • Aug 29, 2007 9:22pm Aug 29, 2007 9:22pm
Thanks for reply! Good to know it happens to the best of us too. I see you have removed the 233 SL figure now, so I am no longer confused..

Quoting auslanco
stopped out you are correct.. waiting for a good entry..to go long again.. right now i'm doing few scalps
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