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

  • #64,781
  • Mar 3, 2008 2:56pm Mar 3, 2008 2:56pm
I think within one or two months GBP/JPY will fall below 200.00. GBP/JPY has already fallen below the trendline, while 199.64 is the 50% Fib retracement.

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  • #64,782
  • Mar 3, 2008 2:59pm Mar 3, 2008 2:59pm
Quoting dogberry
I think within one or two months GBP/JPY will fall below 200.00. GBP/JPY has already fallen below the trendline, while 199.64 is the 50% Fib retracement.

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sure it'll but not today and non on this weeks i hope so
  • #64,783
  • Mar 3, 2008 3:03pm Mar 3, 2008 3:03pm
Quoting karmostaji
I think you should start doing the opposite, when you think long, go short. and when you think short, go long.
Good strategy to have in the arsenal
Patience + Discipline - Greed = Success
  • #64,784
  • Mar 3, 2008 3:08pm Mar 3, 2008 3:08pm
Theres that hourly pin for you guys that were waiting for it. Let's see how it plays out from here. I'm pretty sure we will see some upwards movement starting soon.
I dream, therefore I become.
  • #64,785
  • Mar 3, 2008 3:15pm Mar 3, 2008 3:15pm
Does anyone have a 8 hour chart to post? I'm not at my home computer. Looks like a Double Bar Low Higher Close on the 8 hour (DBLHC :Bullish).

Or could some post a clean 4 hour chart on 0GMT.

Thanks,

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #64,786
  • Mar 3, 2008 3:16pm Mar 3, 2008 3:16pm
skull and crossbones = death of trend. LOL!


Could be forming a 1-2-3 bottom before running up. We shall see. Waiting for the price action to show its hand.
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  • #64,787
  • Mar 3, 2008 3:17pm Mar 3, 2008 3:17pm
Quoting hussin naiji
but daily candle chart GJ i see a spining top . let close daily candle chart .whether we must see a fear and uncertainty in bear camp and bull camp with this spining top
but it seems the chart you post here,is 4hr instead of dailyhttp://qsmile.com/qsimages/73.gif
  • #64,788
  • Mar 3, 2008 3:17pm Mar 3, 2008 3:17pm
This looks more interesting to me than the previous 1h close. Lets see what happens anyway.

Bless
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Patience + Discipline - Greed = Success
  • #64,789
  • Mar 3, 2008 3:20pm Mar 3, 2008 3:20pm
Quoting jarroo
Does anyone have a 8 hour chart to post? I'm not at my home computer. Looks like a Double Bar Low Higher Close on the 8 hour (DBLHC :Bullish).

Or could some post a clean 4 hour chart on 0GMT.

Thanks,

Jim

Hey Jim, I have that on my one chart as well. Your right too, it is a dblhc. I'm already long because of it I'm not too sure how to post the chart of it though as it doesn't give me that option.
The lows are about 9 pips apart, at the 203.50 area, and the close of the higher close bar was 204.91
I dream, therefore I become.
  • #64,790
  • Mar 3, 2008 3:23pm Mar 3, 2008 3:23pm
Quoting Infinity
This looks more interesting to me than the previous 1h close. Lets see what happens anyway.

Bless
That 4 hour is an inside bar, which is just showing consolidation. It spurred a movement down to the 5 sma, which is previous support as well. After that, I think it exhausted itself and the new momentum is headed north.
I dream, therefore I become.
  • #64,791
  • Mar 3, 2008 3:23pm Mar 3, 2008 3:23pm
Quoting jarroo
Does anyone have a 8 hour chart to post? I'm not at my home computer. Looks like a Double Bar Low Higher Close on the 8 hour (DBLHC :Bullish).

Or could some post a clean 4 hour chart on 0GMT.

Thanks,

Jim
for you jim
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  • #64,792
  • Mar 3, 2008 3:24pm Mar 3, 2008 3:24pm
Quoting mike w
Hey Jim, I have that on my one chart as well. Your right too, it is a dblhc. I'm already long because of it I'm not too sure how to post the chart of it though as it doesn't give me that option.
The lows are about 9 pips apart, at the 203.50 area, and the close of the higher close bar was 204.91

Just post a clean 4 hour chart, it will show the same thing, my friend.
Indicators show the past. Price Action "Indicates" the future.
  • #64,793
  • Mar 3, 2008 3:25pm Mar 3, 2008 3:25pm
Quoting jarroo
Does anyone have a 8 hour chart to post? I'm not at my home computer. Looks like a Double Bar Low Higher Close on the 8 hour (DBLHC :Bullish).

Or could some post a clean 4 hour chart on 0GMT.

Thanks,

Jim
Seems so, here's a 8h chart.
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Measure twice, cut once
  • #64,794
  • Mar 3, 2008 3:25pm Mar 3, 2008 3:25pm
Quoting shahroodi
for you jim
Thanks, shahroodi. Now, doesn't that look nice.
Indicators show the past. Price Action "Indicates" the future.
  • #64,795
  • Mar 3, 2008 3:27pm Mar 3, 2008 3:27pm
A Clear break of 205.70 now will push this much higher throughout the night and into tomorrow, IMO. We have an inside bar on the 4 hour to break through, and with that, once it does, it should be good few a decent amount.
I dream, therefore I become.
  • #64,796
  • Mar 3, 2008 3:27pm Mar 3, 2008 3:27pm
Quoting aediaz1
Seems so, here's a 8h chart.
Nice. 50 fib targets are now being looked at with possiblity.
Indicators show the past. Price Action "Indicates" the future.
  • #64,797
  • Mar 3, 2008 3:27pm Mar 3, 2008 3:27pm
Quoting mike w
A Clear break of 205.70 now will push this much higher throughout the night and into tomorrow, IMO. We have an inside bar on the 4 hour to break through, and with that, once it does, it should be good few a decent amount.
Indicators show the past. Price Action "Indicates" the future.
  • #64,798
  • Mar 3, 2008 3:28pm Mar 3, 2008 3:28pm
Quoting jarroo
Nice. 50 fib targets are now being looked at with possiblity.
It always is, all a trader needs is patience

Get back home and start posting those naked charts, I like em.
Trade what you see, not what you think.
  • #64,799
  • Mar 3, 2008 3:28pm Mar 3, 2008 3:28pm
I think upside will be limited to 205.4 -205.5 for now. If it breaks through that convincingly I will be thinking long on a dip. Lets see.....
Patience + Discipline - Greed = Success
  • #64,800
  • Mar 3, 2008 3:30pm Mar 3, 2008 3:30pm
Quoting karmostaji
It always is, all a trader needs is patience

Get back home and start posting those naked charts, I like em.
Yeah I know. Damn real job.
Indicators show the past. Price Action "Indicates" the future.
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