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

  • #62,661
  • Feb 20, 2008 4:32am Feb 20, 2008 4:32am
keeping short from 210.07 & 209.47 will see my target to 207.60
  • #62,662
  • Feb 20, 2008 4:39am Feb 20, 2008 4:39am
i'm close now..my post short...waiting for news......thanks guys for your opinion...
  • #62,663
  • Feb 20, 2008 4:41am Feb 20, 2008 4:41am
alright . thanks bro

Quoting arezab
Hi Peterinforex, I don't know and I've never heard anything about a trading room from him in this thread. Put a PM and ask him directly. I think it's the best way.
  • #62,664
  • Feb 20, 2008 4:42am Feb 20, 2008 4:42am
Quoting Scrat
this is a h4 chart, you probably know this already...
i think it's pretty intuitive. trade the breakouts.
some other tip you mighr find useful: when you watch a trendline and you see that it is tested, there is usually one candle doing this; if there is no breakout, then you will see a rebound... but most of the times you will see that it is one candle at a time. now, if you look here... looks like a nice push down... i would say it's going down, but i will only enter on confirmation.
nice count chart...Scrat...
  • #62,665
  • Edited 6:17am Feb 20, 2008 5:57am | Edited 6:17am
These 2 lines have provided very accurate S/R. Resistance been tested 2 times almost to the pip and support have been tested 3 times almost to the pip, which could mean a breakout from this lines could provide massive moves. IMO
Attached Image (click to enlarge)
Click to Enlarge Name: gbp2.gif Size: 29 KB
Measure twice, cut once
  • #62,666
  • Feb 20, 2008 6:21am Feb 20, 2008 6:21am
wild ride so far today. . .
Still short from 210.80 from yesterday.
I thought this down move would have be over but looks like GJ still has further to go. . .
Looks indecision in the market so far, who will win BEARS OR BULLS?. . .
  • #62,667
  • Feb 20, 2008 6:25am Feb 20, 2008 6:25am
Quoting quecee5
wild ride so far today. . .
Still short from 210.80 from yesterday.
I thought this down move would have be over but looks like GJ still has further to go. . .
Looks indecision in the market so far, who will win BEARS OR BULLS?. . .
I'll tell you if support-line breaks
Measure twice, cut once
  • #62,668
  • Feb 20, 2008 6:26am Feb 20, 2008 6:26am
it actually was to the pip. i have 209.08, 209.09 and 209.10 on my chart.
i just set a pending short order below, and my first TP is 207.80.

Quoting aediaz1
These 2 lines have provided very accurate S/R. Resistance been tested 2 times almost to the pip and support have been tested 3 times almost to the pip, which could mean a breakout from this lines could provide massive moves. IMO
Nihil Sine Deo.
  • #62,669
  • Feb 20, 2008 6:27am Feb 20, 2008 6:27am
Quoting Scrat
it actually was to the pip. i have 209.08, 209.09 and 209.10 on my chart.
i just set a pending short order below, and my first TP is 207.80.


Market demand is at 207.40 when this tug-a-war completes. . .
  • #62,670
  • Feb 20, 2008 6:35am Feb 20, 2008 6:35am
Quoting quecee5


Market demand is at 207.40 when this tug-a-war completes. . .
Hey que,
Why 207.40?? Because its the 161 fib??
  • #62,671
  • Feb 20, 2008 6:45am Feb 20, 2008 6:45am
Quoting rodders
Hey que,
Why 207.40?? Because its the 161 fib??
daily s2. . .
Needs to touch it so it can be on its way back up to 212.50/213.50 area
JMHO. . .
  • #62,672
  • Feb 20, 2008 6:46am Feb 20, 2008 6:46am
Could any one tell me what IMO means? Thank you.
  • #62,673
  • Feb 20, 2008 6:48am Feb 20, 2008 6:48am
Quoting Scrat
it actually was to the pip. i have 209.08, 209.09 and 209.10 on my chart.
i just set a pending short order below, and my first TP is 207.80.
Could turn out quite well if your short gets triggered. Based on the strong resistance we now have, I think we have alot of S/L right beneath your numbers.
Measure twice, cut once
  • #62,674
  • Feb 20, 2008 6:48am Feb 20, 2008 6:48am
Quoting oscarfrx
Could any one tell me what IMO means? Thank you.
In my opinion
Measure twice, cut once
  • #62,675
  • Feb 20, 2008 6:55am Feb 20, 2008 6:55am
Thank you Aed. I am new here but I have learn a lot reading all the posts every day. I think there are very experience pepole here and I hope they will be here for many months to come.
  • #62,676
  • Feb 20, 2008 6:59am Feb 20, 2008 6:59am
Quoting oscarfrx
Thank you Aed. I am new here but I have learn a lot reading all the posts every day. I think there are very experience pepole here and I hope they will be here for many months to come.
Your welcome. Good luck with your learning-curve
Measure twice, cut once
  • #62,677
  • Feb 20, 2008 7:05am Feb 20, 2008 7:05am
Quoting quecee5
daily s2. . .
Needs to touch it so it can be on its way back up to 212.50/213.50 area
JMHO. . .
Thanks que!!
  • #62,678
  • Feb 20, 2008 7:16am Feb 20, 2008 7:16am
if it goes down, i wouldn't believe in 213 anymore. but since anything is possible, i will go by the chart and not by what i believe.

Quoting quecee5
daily s2. . .
Needs to touch it so it can be on its way back up to 212.50/213.50 area
JMHO. . .
Nihil Sine Deo.
  • #62,679
  • Feb 20, 2008 7:17am Feb 20, 2008 7:17am
All time frames are aimed south. anybody else sitting on a short or getting in on one?
  • #62,680
  • Feb 20, 2008 7:20am Feb 20, 2008 7:20am
Quoting PipAV8tor
All time frames are aimed south. anybody else sitting on a short or getting in on one?
iam in a short
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