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

  • #60,721
  • Jan 31, 2008 11:08pm Jan 31, 2008 11:08pm
soooo guys...why dont we chat while we wait? jajajajaja what do you guys think its going to do? you think it will test 210.50 before going higher or do you think it will go higher from here? looks like there is some decent support at 211.60 dont you think?
  • #60,722
  • Jan 31, 2008 11:19pm Jan 31, 2008 11:19pm
Long at 211.73.
  • #60,723
  • Jan 31, 2008 11:22pm Jan 31, 2008 11:22pm
i guess a lot of people are shy to share there opinion...look how many just watching.... anyway, same here im long around there...what kind of sl did you use?
  • #60,724
  • Jan 31, 2008 11:24pm Jan 31, 2008 11:24pm
I think we will find out soon. . .
Attached Image (click to enlarge)
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  • #60,725
  • Jan 31, 2008 11:26pm Jan 31, 2008 11:26pm
Quoting hcruces
i guess a lot of people are shy to share there opinion...look how many just watching.... anyway, same here im long around there...what kind of sl did you use?
It's not that they are shy, they are just looking for someone to give them an entry and exit. Not sure of their system or too nervous to pull the trigger otherwise. Or they may just want to see if someone's charts matches up to theirs for confirmation. Either way there is some good advise to be found by watching.

P.S. This goes for SOME, not ALL!
  • #60,726
  • Jan 31, 2008 11:34pm Jan 31, 2008 11:34pm
lol the purpose of that msg wat to get some people to talk...looks like it worked jajajaaj. and i know we are all waiting to see whats going to happen. hopefully every1 goes long!!!
  • #60,727
  • Jan 31, 2008 11:38pm Jan 31, 2008 11:38pm
Quoting DollaBill
It's not that they are shy, they are just looking for someone to give them an entry and exit. Not sure of their system or too nervous to pull the trigger otherwise. Or they may just want to see if someone's charts matches up to theirs for confirmation. Either way there is some good advise to be found by watching.

P.S. This goes for SOME, not ALL!
That is true, this is a good thread that gives the opportunity to many people like me to compare the charts and "hear" the "experienced" opinion. Thank you guys, have learned a lot just by sticking with you for over 6 months now!!!!!
  • #60,728
  • Jan 31, 2008 11:42pm Jan 31, 2008 11:42pm
Up up up!!!
  • #60,729
  • Jan 31, 2008 11:48pm Jan 31, 2008 11:48pm
Quoting hcruces
Up up up!!!
Too funny!
  • #60,730
  • Feb 1, 2008 12:06am Feb 1, 2008 12:06am
I'm with Q on this one.
Short, then long........ Lets see.
  • #60,731
  • Feb 1, 2008 12:12am Feb 1, 2008 12:12am
jajajajajajajaajajaj
  • #60,732
  • Feb 1, 2008 12:12am Feb 1, 2008 12:12am
Quoting kujo17
I'm with Q on this one.
Short, then long........ Lets see.
Some have been praying to the "pip gods" instead of posting concrete analysis to support there position long or short which I find too funny. . .

Let the data speak!
  • #60,733
  • Feb 1, 2008 12:16am Feb 1, 2008 12:16am
...well, it seems obvious that GJ is rangebound for now, and waiting for NFP and other news; plenty of indecision as we see

now, my question is...would better than expected NFP news would send it further down?...and vice versa?

any input is greatly appreciated!
The odds are on my side; let's hope they stay that way!!!
  • #60,734
  • Feb 1, 2008 12:16am Feb 1, 2008 12:16am
i havent been praying to any1... and i am looking at the data... anyways... how do u you the news for GBP at 430am affecting it?
  • #60,735
  • Feb 1, 2008 12:19am Feb 1, 2008 12:19am
Hi quecee, nice charts, like those trendlines especially

Downside looks a stronger, the upper resisting tl is the only decent tl at the moment...

No positions, waiting for a breakout, there is still time to trade before the news. Might be minor moves, though.

Quoting quecee5
Lets get back to analysis which is what makes this thread so great!

Here is a 1hr/4hr chart for u. . .

One can clearly see that price on 4hr has been trading below 4hr hi/lo gann over the last 24hrs. The moves up have been based on price trading above 1hr hi/lo gann but have been limited to the falling trend line. Therefore, I've been selling all rallies which is with the bigger trend which was evident in yesterday's reversal signal. . .

Also, notice on 1hr that price is making lower highs and lower lows. . . However, on 4hr price looks to be trading sideways. . .

Trade what u see. . .

Good night all!
  • #60,736
  • Feb 1, 2008 12:19am Feb 1, 2008 12:19am
Quoting quecee5
Some have been praying to the "pip gods" instead of posting concrete analysis to support there position long or short which I find too funny. . .

Let the data speak!
This just says down to me.
209.5 area lowest, but probably 210.xx

Then, up to 213-215
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  • #60,737
  • Feb 1, 2008 12:26am Feb 1, 2008 12:26am
Quoting Rocroy
Hi quecee, nice charts, like those trendlines especially

Downside looks a stronger, the upper resisting tl is the only decent tl at the moment...

No positions, waiting for a breakout, there is still time to trade before the news. Might be minor moves, though.
I agree, price is just ranging at this point and until price goes above 4hr hi/lo gann gj is a sell on all rallies. . . Also, ZL Stoch and QQE5 on 4hr tells the story for now. . . Also, a break below 1hr hi/lo gann could see 210.68 or so. . .
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 4hr chart updated.gif Size: 28 KB
  • #60,738
  • Feb 1, 2008 12:30am Feb 1, 2008 12:30am
There she goes, a new mini LL, maybe a short at next top?

Quoting quecee5
I agree, price is just ranging at this point and until price goes above 4hr hi/lo gann gj is a sell on all rallies. . . Also, ZL Stoch and QQE5 on 4hr tells the story for now. . . Also, a break below 1hr hi/lo gann could see 210.68 or so. . .
  • #60,739
  • Feb 1, 2008 12:30am Feb 1, 2008 12:30am
uh oh....is it going to have enough momentum to break that 200ema (and i see a minor tl) on the 1hr and then head to the 210.75 area?
The odds are on my side; let's hope they stay that way!!!
  • #60,740
  • Edited 12:46am Feb 1, 2008 12:36am | Edited 12:46am
Quoting kujo17
This just says down to me.
209.5 area lowest, but probably 210.xx

Then, up to 213-215
I agree but it will have to break daily support 1st @ 211.30 area. . . A break of this support would see trend line support of 210.68 1st (see chart below. . .) A break of the trend line support then I agree regarding 210.20 area. . .

However, if price is to go back up as some are predicting then the 210.20 area shouldn't be tested again unless price is planning to continue the down trend, JMHO
Attached Image (click to enlarge)
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