I see a completed cycle @ a clean 208.75. She can go north for a little retrace now. Very Possibly back to 210.31. If 209.72 is a breach: 1st stop 209.95 <- breach then 210.08 <- breach then 210.31 and 210.31 should be strong resistance. We'll see we'll see we'll see!
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #62,343
- Feb 19, 2008 6:17am Feb 19, 2008 6:17am
- Joined Nov 2007 | Status: Trader | 1,158 Posts
nice trading plan...scotty...keeping ride with wild pair...
- #62,346
- Feb 19, 2008 6:44am Feb 19, 2008 6:44am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
The next step down for this beast 1-3 days will be 207.79. At 207.79 lies the next major antinode/support/retrace place. OK bye for now.
Should complete the Inverse H&S before another fall. A break of it will see 217.50, 50% fib from the fall started @ 230.XX. That's only if it can breach 214 tough resistance! A breach of 214/214.50's see 215.50's then 217.50's. . .
In the mean while, GJ has a tough climb ahead - Good luck!
Daily chart for u!
- #62,348
- Feb 19, 2008 7:26am Feb 19, 2008 7:26am
- Joined Nov 2007 | Status: Trader | 1,158 Posts
hi...
im little bit late to open post buy today...
im just done reformat my laptop...
i already open post buy at GJ n GU at current price...
hehehe...TP : 50pips-100pips
- #62,352
- Feb 19, 2008 7:45am Feb 19, 2008 7:45am
wow..i see gap 4 GU...look nice....
so i will swing this gu until tomorrow...
i heard wednesday big2 trader do carry trade
im go long n long..huhu
you mean today isn't bro? If i'm not mistaken, today is Tuesday. Correct me if i'm wrong.
I don't CARE how many DOLLAR you earn, I just care how LONG you can TRADE
- #62,353
- Feb 19, 2008 8:41am Feb 19, 2008 8:41am
you mean today isn't bro? If i'm not mistaken, today is Tuesday. Correct me if i'm wrong.
if there have bullish divergence 4 to nite...
i will hold my 2 post buy until 2morrow nite...
- #62,355
- Feb 19, 2008 8:52am Feb 19, 2008 8:52am
- Joined Nov 2007 | Status: Trader | 1,158 Posts
yes..!!!..Gj hit my TP...thanks....
- #62,356
- Edited 10:16am Feb 19, 2008 9:15am | Edited 10:16am
- Joined Oct 2007 | Status: Counter Trend, but not always! | 2,147 Posts
I missed the fall from 211.11 which was daily pivot to 208.90. It was a nice and clear signal to sell and get a clean 200 points profit ... no worries but I caught the rally and I'll keep it for a long time (karmo style ...)
A slight pull back from here is probable to build an inverse H&S. i don't know where is the bottom of that slight pullback but it shouldn't be below 219.70 based on my trend lines. I'll enter another long there when I see a clear bullish divergence in 30M targeting 212.20.
If the price consolidates above daily pivot line tomorrow, I'll load up longs again and buy dips when I see clear divergence, this time targeting 213.80 area and above ...
A fib extension shows a %138.2 and %161.8 confluence in 219.92 - 217.20 which can be the definite 214.00 breakup target.
On the other side if we break down 208.74 line which is today's low, then we will reach the lower trend line and hit 206.80 - 207 which is a powerful historical support.
This is what I see from my fib extension studies an analysis for next days.
Cheers
)A slight pull back from here is probable to build an inverse H&S. i don't know where is the bottom of that slight pullback but it shouldn't be below 219.70 based on my trend lines. I'll enter another long there when I see a clear bullish divergence in 30M targeting 212.20.
If the price consolidates above daily pivot line tomorrow, I'll load up longs again and buy dips when I see clear divergence, this time targeting 213.80 area and above ...
A fib extension shows a %138.2 and %161.8 confluence in 219.92 - 217.20 which can be the definite 214.00 breakup target.
On the other side if we break down 208.74 line which is today's low, then we will reach the lower trend line and hit 206.80 - 207 which is a powerful historical support.
This is what I see from my fib extension studies an analysis for next days.
Cheers
Discipline + Patience - Fear - Greed = Success
- #62,357
- Feb 19, 2008 9:15am Feb 19, 2008 9:15am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
I don't think GJ is finished quite yet!
But like always trade what u see!
Keep in mind 210.00 area is major support (daily s2) was resistance on the way up =
next leg for GJ is to get above 210.62 before attempting to get above daily pivot @ 211.23. . .
Lets see how this plays out!
15 min chart for u!
But like always trade what u see!
Keep in mind 210.00 area is major support (daily s2) was resistance on the way up =
next leg for GJ is to get above 210.62 before attempting to get above daily pivot @ 211.23. . .
Lets see how this plays out!
15 min chart for u!
- #62,358
- Feb 19, 2008 9:17am Feb 19, 2008 9:17am
- Joined Oct 2007 | Status: Counter Trend, but not always! | 2,147 Posts
I like your style =
Discipline + Patience - Fear - Greed = Success