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

  • #65,641
  • Mar 5, 2008 11:42am Mar 5, 2008 11:42am
Quoting mirzyk
ActionForex:Weekly pivot @ 208.58Monthly pivot @ 208.68
my weekly and monthly pivots r @ 208.60 and 208.71, Daily s3 is @ 208.22 lot's of reistance in this area. . .
  • #65,642
  • Mar 5, 2008 11:45am Mar 5, 2008 11:45am
hi guys....

lets look... a preview at H4..ascending wedge market triangle...
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  • #65,643
  • Mar 5, 2008 11:48am Mar 5, 2008 11:48am
Quoting fising
hi guys....

lets look... a preview at H4..ascending wedge market triangle...
yup fising , we are waiting the end of the drop , around 206.20/206.00 to go bull again b ut am not sure will happen tonight but probably tomorrow morning or what you think mike ??
  • #65,644
  • Mar 5, 2008 11:50am Mar 5, 2008 11:50am
TIW might play a role
Patience + Discipline - Greed = Success
  • #65,645
  • Mar 5, 2008 11:51am Mar 5, 2008 11:51am
Quoting warta
yup fising , we are waiting the end of the drop , around 206.20/206.00 to go bull again b ut am not sure will happen tonight but probably tomorrow morning or what you think mike ??
Your asking the wrong dude on timing lol I do think it will reach that area however before continuing up. If you'll look at Fising's beauty of a chart, you'll see that the bottom of that wedge would allow price to move down to that level and then revert upwards almost immediately. That'll give us the push we need to see 208.50 probably tomorrow or so.
I dream, therefore I become.
  • #65,646
  • Mar 5, 2008 11:52am Mar 5, 2008 11:52am
Quoting warta
yup fising , we are waiting the end of the drop , around 206.20/206.00 to go bull again b ut am not sure will happen tonight but probably tomorrow morning or what you think mike ??
for me... if gj break EMA50(blue) 207.77...maybe...good step for buyer... 207.77 is a good resistance...here..:
  • #65,647
  • Mar 5, 2008 11:52am Mar 5, 2008 11:52am
Quoting Infinity
TIW might play a role
I was thinking that too, we'll probably see a range around this area until around 5, then we'll see a drop in price.
I dream, therefore I become.
  • #65,648
  • Mar 5, 2008 11:54am Mar 5, 2008 11:54am
Quoting mike w
Your asking the wrong dude on timing lol I do think it will reach that area however before continuing up. If you'll look at Fising's beauty of a chart, you'll see that the bottom of that wedge would allow price to move down to that level and then revert upwards almost immediately. That'll give us the push we need to see 208.50 probably tomorrow or so.

lol thats what am sayin mike , for 2morrow morning . for this reason i can set the entry on 206.20 for good and go to sleep beside my girlfriend lol or she will kill me
  • #65,649
  • Mar 5, 2008 11:57am Mar 5, 2008 11:57am
Quoting warta
lol thats what am sayin mike , for 2morrow morning . for this reason i can set the entry on 206.20 for good and go to sleep beside my girlfriend lol or she will kill me
Oh ok lol I see what your sayin. An entry is an entry, if it hits, then that's great and if it doesn't, you'll always have another chance. I personally think it will get to that level though. I can't give out advice on your personal trades like that though, that's not my place man. You have to decide that for yourself.
I dream, therefore I become.
  • #65,650
  • Mar 5, 2008 12:00pm Mar 5, 2008 12:00pm
Quoting mike w
Oh ok lol I see what your sayin. An entry is an entry, if it hits, then that's great and if it doesn't, you'll always have another chance. I personally think it will get to that level though. I can't give out advice on your personal trades like that though, that's not my place man. You have to decide that for yourself.

hell yeah but till now we are here waiting lol
  • #65,651
  • Mar 5, 2008 12:02pm Mar 5, 2008 12:02pm
I just got that beauty of a pin on my 4 hour chart. I'm thinking this short will come into play after the TIW is over. Till then, we'll probably stick around here as buyers will be holding the price up. I do think this drop will happen sooner than later though.
I dream, therefore I become.
  • #65,652
  • Mar 5, 2008 12:02pm Mar 5, 2008 12:02pm
4H pin looks good
Patience + Discipline - Greed = Success
  • #65,653
  • Mar 5, 2008 12:03pm Mar 5, 2008 12:03pm
Quoting Infinity
4H pin looks good
Oh yeah man, it's right at a previous area of resistance too. Check out a little further back on your chart. You'll see price has stalled at that area quite a few times. Convergence is always a good thing.
I dream, therefore I become.
  • #65,654
  • Mar 5, 2008 12:06pm Mar 5, 2008 12:06pm
Quoting mike w
Oh yeah man, it's right at a previous area of resistance too. Check out a little further back on your chart. You'll see price has stalled at that area quite a few times. Convergence is always a good thing.
Patience + Discipline - Greed = Success
  • #65,655
  • Mar 5, 2008 12:07pm Mar 5, 2008 12:07pm
Quoting mike w
I just got that beauty of a pin on my 4 hour chart. I'm thinking this short will come into play after the TIW is over. Till then, we'll probably stick around here as buyers will be holding the price up. I do think this drop will happen sooner than later though.
4H 5sma is at 50% fib as well (206) and 205.85 is a S/R level

Great plan mike
Trade what you see, not what you think.
  • #65,656
  • Mar 5, 2008 12:10pm Mar 5, 2008 12:10pm
Quoting mike w
Oh yeah man, it's right at a previous area of resistance too. Check out a little further back on your chart. You'll see price has stalled at that area quite a few times. Convergence is always a good thing.
I think we are ok Mike. The oil already closed above the 4 hr resistance line, thus this pair would trend up a bit in my opinion (short term). But let's see.
  • #65,657
  • Mar 5, 2008 12:18pm Mar 5, 2008 12:18pm
Quoting warta
lol thats what am sayin mike , for 2morrow morning . for this reason i can set the entry on 206.20 for good and go to sleep beside my girlfriend lol or she will kill me
your luck, my girlfriend in denmak now
  • #65,658
  • Mar 5, 2008 12:18pm Mar 5, 2008 12:18pm
Quoting karmostaji
4H 5sma is at 50% fib as well (206) and 205.85 is a S/R level

Great plan mike
Hey thanks Karmo! From there, I'm looking to see price come back up so I'm just going to be placing buy orders down there again. I'm looking to see 208.50 by tomorrow night.
I dream, therefore I become.
  • #65,659
  • Mar 5, 2008 12:19pm Mar 5, 2008 12:19pm
Quoting Jerry
your luck, my girlfriend in denmak now
That means Party Timee lol Im just joking!
I dream, therefore I become.
  • #65,660
  • Mar 5, 2008 12:19pm Mar 5, 2008 12:19pm
Quoting Jerry
your luck, my girlfriend in denmak now
find a new one lol till she come back
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