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

  • #66,081
  • Mar 6, 2008 10:15am Mar 6, 2008 10:15am
gj is resting on that tl ... more often than not , such kind of price action associates with it breaking the trendline after sometime ... anyway im done for today , gnite n safe trading
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To Live is the rarest thing in the world , Most people exist , that is all
  • #66,082
  • Mar 6, 2008 10:16am Mar 6, 2008 10:16am
Quoting mike w
Could you tell me what those are spelling out Shahroodi?
this momentoms means:bullish movement has not enough momentom behind its in next 8hr...and this may to make some retrace least to 206.50 are(the us session daily pivot in my chart) or to 8hr 5sma low....

just my 2cents
  • #66,083
  • Mar 6, 2008 10:17am Mar 6, 2008 10:17am
Check out the weeklies, if we get a close at this area, above, or anywhere close, that's definitely a bullish candle. Convergence with it, as it is at the bottom of the range support zone.
I dream, therefore I become.
  • #66,084
  • Mar 6, 2008 10:17am Mar 6, 2008 10:17am
Quoting karmostaji
I need to wear glasses i think, thanks bro
  • #66,085
  • Mar 6, 2008 10:18am Mar 6, 2008 10:18am
Quoting shahroodi
this momentoms means:bullish movement has not enough momentom behind its in next 8hr...and this may to make some retrace least to 206.50 are(the us session daily pivot in my chart) or to 8hr 5sma low....

just my 2cents
OK thanks Shahroodi! I appreciate the help man!
I dream, therefore I become.
  • #66,086
  • Mar 6, 2008 10:19am Mar 6, 2008 10:19am
hey karmo...you havent replied the pm
...there is a little line i dew around 207.13 sometime ago looks like its still in effecf..hey aus..hows today going
Imanuel Parsifal
  • #66,087
  • Mar 6, 2008 10:20am Mar 6, 2008 10:20am
Quoting auslanco
hi Spanish.. My next move is "no Move"



When all the other JPY Pairs are falling, I don't see why GBP/JPY should move up. GBP/USD is banging on the monthly 5sma and it's just a matter of time it will bounce back 100-150 pips.

There's already a bearish reversal bar on the 1hr TF. The price has to break the daily High to defuse that reversal bar.

In favor of bulls.. the current 8hr momentum is super bullish.. But the price has to break 207.60 to move further up. If todays daily close below 206.90 there's not much hope for the bulls
hi aus
nice to meet you
are you sure about new 8hr momentoms????
although you are my mentor
i need your opinions

tks in advance
  • #66,088
  • Mar 6, 2008 10:20am Mar 6, 2008 10:20am
Quoting shahroodi
how about this???
I always knew Karmo was a car salesman.

"Karmo's cars! Come and get 'em! lol

It has a certain ring to it.
I dream, therefore I become.
  • #66,089
  • Mar 6, 2008 10:21am Mar 6, 2008 10:21am
hey all,
Hope you all had a good week with the GJ.

The only chart I've been studying........
http://thebabyjones.com/2008/03.03.0...irth/twins.jpg

be back next week.

kj
  • #66,090
  • Mar 6, 2008 10:21am Mar 6, 2008 10:21am
Quoting mike w
OK thanks Shahroodi! I appreciate the help man!
  • #66,091
  • Mar 6, 2008 10:22am Mar 6, 2008 10:22am
Quoting fourxtrader
15 hours later.... back where we started.

O 206.92
C 206.92

And with NFP looming.

Dr. D.

Like I said...... (now 16 hrs later)

take the rest of the day off.... go golf!
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  • #66,092
  • Mar 6, 2008 10:22am Mar 6, 2008 10:22am
Quoting auslanco
hi Spanish.. My next move is "no Move"



When all the other JPY Pairs are falling, I don't see why GBP/JPY should move up. GBP/USD is banging on the monthly 5sma and it's just a matter of time it will bounce back 100-150 pips.

There's already a bearish reversal bar on the 1hr TF. The price has to break the daily High to defuse that reversal bar.

In favor of bulls.. the current 8hr momentum is super bullish.. But the price has to break 207.60 to move further up. If todays daily close below 206.90 there's not much hope for the bulls
I was thinking the same thing . Very cool , calm analysis. I like it
Blogging daily now at www.volume.zone
  • #66,093
  • Mar 6, 2008 10:23am Mar 6, 2008 10:23am
Quoting kujo17
hey all,
Hope you all had a good week with the GJ.

The only chart I've been studying........
http://thebabyjones.com/2008/03.03.0...irth/twins.jpg

be back next week.

kj
Cute!!!!!!!!! Congrats!!!! ^^
  • #66,094
  • Mar 6, 2008 10:23am Mar 6, 2008 10:23am
UJ should bounce back (testing lower daily TL at the moment)
GU should consolidate or whatever but not go opposite UJ lol
Trade what you see, not what you think.
  • #66,095
  • Mar 6, 2008 10:24am Mar 6, 2008 10:24am
Quoting Nobitacu
Cute!!!!!!!!! Congrats!!!! ^^

Congrats.

Traders in training ( when they can open their little eyes) cute !!!
Blogging daily now at www.volume.zone
  • #66,096
  • Mar 6, 2008 10:25am Mar 6, 2008 10:25am
Quoting kujo17
hey all,
Hope you all had a good week with the GJ.

The only chart I've been studying........

be back next week.

kj
How cute , congratulations bro
Trade what you see, not what you think.
  • #66,097
  • Mar 6, 2008 10:28am Mar 6, 2008 10:28am
Quoting kujo17
hey all,
Hope you all had a good week with the GJ.

The only chart I've been studying........
http://thebabyjones.com/2008/03.03.0...irth/twins.jpg

be back next week.

kj
congrat budd
very very cute
i like them
what are their names??
  • #66,098
  • Mar 6, 2008 10:29am Mar 6, 2008 10:29am
Quoting mike w
Check out the weeklies, if we get a close at this area, above, or anywhere close, that's definitely a bullish candle. Convergence with it, as it is at the bottom of the range support zone.
i think its too early to say considering the kind of dance we had around 213area and we are only tring to complete a retracement from the last down move...
Imanuel Parsifal
  • #66,099
  • Mar 6, 2008 10:29am Mar 6, 2008 10:29am
Quoting kujo17
hey all,
Hope you all had a good week with the GJ.

The only chart I've been studying........


be back next week.

kj
Wow. Fantastic. Congrats.
Indicators show the past. Price Action "Indicates" the future.
  • #66,100
  • Mar 6, 2008 10:30am Mar 6, 2008 10:30am
Quoting shahroodi
congrat budd
very very cute
i like them
what are their names??
GBP and JPY, of course.
Indicators show the past. Price Action "Indicates" the future.
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