Still room to drop on the weekly chart!
Dr. D.
Dr. D.
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Auslanco - GBP/JPY and GBP/USD (newstrade)
- #62,221
- Feb 18, 2008 10:10pm Feb 18, 2008 10:10pm
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
- #62,222
- Feb 18, 2008 10:14pm Feb 18, 2008 10:14pm
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
- #62,223
- Feb 18, 2008 10:20pm Feb 18, 2008 10:20pm
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
- #62,224
- Feb 18, 2008 10:24pm Feb 18, 2008 10:24pm
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
- #62,226
- Edited 11:06pm Feb 18, 2008 10:54pm | Edited 11:06pm
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
- #62,227
- Feb 18, 2008 11:26pm Feb 18, 2008 11:26pm
- Joined Oct 2007 | Status: Counter Trend, but not always! | 2,147 Posts
It finally broke the lower trend line down. I believe we are going to see at least 209.50 area if not lower. The lower the better ... yeah? From there I'm going to send the LONG soldiers, send them heavy and keep them for a long time, may be up to at least 217 zone. I could be wrong though.
let's see what happens ... we all trade what we see right? This is the best of all.
let's see what happens ... we all trade what we see right? This is the best of all.
Discipline + Patience - Fear - Greed = Success
- #62,229
- Feb 18, 2008 11:32pm Feb 18, 2008 11:32pm
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- #62,233
- Feb 18, 2008 11:46pm Feb 18, 2008 11:46pm
- | Joined Aug 2007 | Status: The PipsMaker | 290 Posts
I don't think this is going up now.................Good Luck Though.
QQE is crossed and trading below gann hi-lo but it is not breaking through the supports and sitting on the 50.0 Fib.
I think it can go both ways at this point. I'm gonna need some polishing before I post something decent up here together with my charts.
Nonetheless, good luck guys
May the Pips be with You 
Let's Pimp some Pips!
Let's Pimp some Pips!- #62,234
- Feb 18, 2008 11:46pm Feb 18, 2008 11:46pm
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
I don't think this is going up now.................Good Luck Though.
Indicators show the past. Price Action "Indicates" the future.
- #62,235
- Feb 18, 2008 11:50pm Feb 18, 2008 11:50pm
- Joined Oct 2007 | Status: Counter Trend, but not always! | 2,147 Posts
It's about time. Break of the 210.30 as comfirmation on the down move. Looking for the 209.40 as a possible 1st target.
Price Action at a S/R level. Bearish Outside Bar (candle).
I think if price breaks %50 fib then %61.8 will come into play which sits on 208.90 not 209.40. Don't you think so?
Your charts are completely different from mine. I don't know whether broker's data can be so different? The price action patterns that you see on your chart are not the same or even similar to mine ...
Look, this is what I see on my 4H chart.
Discipline + Patience - Fear - Greed = Success
- #62,237
- Feb 18, 2008 11:59pm Feb 18, 2008 11:59pm
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Hi jarroo, 209.86 is the %50 fib retracement from 205.85 up to 213.85. Why are you looking at 209.40? it is a historical S/R level?
I think if price breaks %50 fib then %61.8 will come into play which sits on 208.90 not 209.40. Don't you think so?
Your charts are completely different from mine. I don't know whether broker's data can be so different? The price action patterns that you see on your chart are not the same or even similar to mine ...
Look, this is what I see on my 4H chart.
Indicators show the past. Price Action "Indicates" the future.
- #62,239
- Feb 19, 2008 12:02am Feb 19, 2008 12:02am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- #62,240
- Feb 19, 2008 12:20am Feb 19, 2008 12:20am
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
