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

  • #26,141
  • Sep 13, 2007 11:54am Sep 13, 2007 11:54am
We may only have a slight retracement after all, since us treasuries is extremely strong at the moment.
  • #26,142
  • Sep 13, 2007 12:02pm Sep 13, 2007 12:02pm
I hope this will help some one. I have read post previously that people are looking for live dow numbers and its not possible on some MT4 platform.

Any way i have found yahoo widgets very help full.you can add and remove other symbols too if needed. And its all free.

http://widgets.yahoo.com/win/
  • #26,143
  • Sep 13, 2007 12:13pm Sep 13, 2007 12:13pm
mann .. this thing is flying
  • #26,144
  • Sep 13, 2007 12:23pm Sep 13, 2007 12:23pm
As we approach my first target (235.51), I will start to move my stops up and scale out of my positions. Check this Guppy (GBP/JPY) chart. We are on the first green line and approaching the first red line. The target is probably as high as it will go but it may not get that high, so I will get as much as I can out of it.

http://www.forexfactory.com/showthre...18#post1590118
  • #26,145
  • Sep 13, 2007 12:37pm Sep 13, 2007 12:37pm
Its ma100 H4 becomes R
Success has a Thousand Fathers.
  • #26,146
  • Sep 13, 2007 12:58pm Sep 13, 2007 12:58pm
  •  vrama
  • | Joined Dec 2006 | Status: BE at right place@right time = LUCK | 210 Posts
Is it a 15min retrace...
or for now no more movement (upside) expected...?

any one please.....??
All things are difficult before they are easy.
  • #26,147
  • Sep 13, 2007 1:05pm Sep 13, 2007 1:05pm
The new half-hour momentum is way down, so we should go at least that low. the dow is stuck on 13450 now. by the end of the market day, it will likely either go to close around 13400, or make another attempt for 13500. Watch the dow to see if GJ is going to push higher or not.
  • #26,148
  • Sep 13, 2007 1:07pm Sep 13, 2007 1:07pm
Quoting vrama
Is it a 15min retrace...
or for now no more movement (upside) expected...?

any one please.....??
nothing goes straight up, remember that....
  • #26,149
  • Sep 13, 2007 1:16pm Sep 13, 2007 1:16pm
Quoting sajmeri
I hope this will help some one. I have read post previously that people are looking for live dow numbers and its not possible on some MT4 platform.

Any way i have found yahoo widgets very help full.you can add and remove other symbols too if needed. And its all free.

http://widgets.yahoo.com/win/

I see this site http://www.djindexes.com/ more user friendly for Dow data. But that could be just a personal preference.
  • #26,150
  • Sep 13, 2007 1:19pm Sep 13, 2007 1:19pm
Quoting markam
The new half-hour momentum is way down, so we should go at least that low. the dow is stuck on 13450 now. by the end of the market day, it will likely either go to close around 13400, or make another attempt for 13500. Watch the dow to see if GJ is going to push higher or not.
30m retrace just completed, let's see if it bounces back up from here..
Trade what you see, not what you think.
  • #26,151
  • Sep 13, 2007 1:19pm Sep 13, 2007 1:19pm
Quoting markam
The dow is holding its level steady a lot longer than I expected it would. After that big rise and considering it is near its 5 week high level, it should be at the top for the day.

But of course, since the stock market has no basis in reality, it may push for 13500 this afternoon.


I totally agree.
Humble Lifetime Member
  • #26,152
  • Sep 13, 2007 1:20pm Sep 13, 2007 1:20pm
Quoting karmostaji
30m retrace just completed, let's see if it bounces back up from here..
dow is dropping so we should keep going down. I went short at the top, so I hope so.
  • #26,153
  • Sep 13, 2007 1:23pm Sep 13, 2007 1:23pm
so what u says karmo its the time of short ?
kermo ROcks !
  • #26,154
  • Sep 13, 2007 1:23pm Sep 13, 2007 1:23pm
Quoting uzaircs
so what u says karmo its the time of short ?
no
Trade what you see, not what you think.
  • #26,155
  • Sep 13, 2007 1:23pm Sep 13, 2007 1:23pm
Quoting markam
dow is dropping so we should keep going down. I went short at the top, so I hope so.
I think the dow will rise back because it cannot lose all the 159 points it gained next 2 hrs.
  • #26,156
  • Sep 13, 2007 1:25pm Sep 13, 2007 1:25pm
Quoting karmostaji
no
ok thanks
kermo ROcks !
  • #26,157
  • Sep 13, 2007 1:27pm Sep 13, 2007 1:27pm
looks like 15m Genn bounce
Success has a Thousand Fathers.
  • #26,158
  • Sep 13, 2007 1:28pm Sep 13, 2007 1:28pm
we have reached a really strong resistance point at 234.70. it's a 200ema on 4hr chart. it's the same moving average that provided the resistance we had at 244 when we saw the major drop after the upward daily trend reversal.

it's going to be tough to break this resistance, therefore, i exited all my longs and will wait for that resistance to break.

here's a chart


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  • #26,159
  • Sep 13, 2007 1:28pm Sep 13, 2007 1:28pm
Quoting sarama001
I think the dow will rise back because it cannot lose all the 159 points it gained next 2 hrs.

I expect it to close just above 13400. That is still a good up day for the dow.

Man, GJ is jumpy right now. What will it do?
  • #26,160
  • Sep 13, 2007 1:29pm Sep 13, 2007 1:29pm
If the dow (YM) breaks 13437 were coming down for sure.
"Only when the tide goes out will we know who is swimming naked."
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