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

  • #66,721
  • Mar 7, 2008 9:06am Mar 7, 2008 9:06am
Quoting vinesh2
Ok so who wants 50 fib raise their hands I am about to rocket this to the moon join the ride with Karmo
yeah we seeing the ride but becarefull b/4 you get thrown from a jet 2million feets above sea level
Imanuel Parsifal
  • #66,722
  • Mar 7, 2008 9:07am Mar 7, 2008 9:07am
karmo just needs to learn that just because he made horrible longs back at 208 that the market does not revolve around him
  • #66,723
  • Mar 7, 2008 9:08am Mar 7, 2008 9:08am
Quoting aediaz1
Still wanna short ? Facing that damn 38.2 fibo again on 4h chart. Let's see if price can break it.
An hourly candle close above 207.30 will be a good sign
Trade what you see, not what you think.
  • #66,724
  • Mar 7, 2008 9:09am Mar 7, 2008 9:09am
Quoting samdelgado
karmo just needs to learn that just because he made horrible longs back at 208 that the market does not revolve around him
I did do a mistake and I've accepted it and learned from it, but they're still open and life goes on
Trade what you see, not what you think.
  • #66,725
  • Mar 7, 2008 9:10am Mar 7, 2008 9:10am
Wonder why it's going down again? It just bounced on about 5 different resistance lines I have. Not saying it will move down alot though.
  • #66,726
  • Mar 7, 2008 9:12am Mar 7, 2008 9:12am
US going into recession...

me into depression....


Have a nice weekend.
  • #66,727
  • Mar 7, 2008 9:13am Mar 7, 2008 9:13am
Quoting samdelgado
karmo just needs to learn that just because he made horrible longs back at 208 that the market does not revolve around him
You seem to be implying that karmo is holding onto this position out of stubborness/arrogance as opposed to an analysis on a higher timeframe that the market will move to a certain level before continuing elsewhere. I believe Karmo has justified his position technically (whether that analysis be right or wrong is another story) so to bring this back to what this forum is about i would be interested to hear your technical analysis as to why such levels can not be reached (as opposed to just providing petty and unjustified sniping)?
Lemming Forex! The Way to Trade....
  • #66,728
  • Mar 7, 2008 9:15am Mar 7, 2008 9:15am
:surprised:surprised
GREED IS THE ULTIMATE INDICATOR
  • #66,729
  • Mar 7, 2008 9:16am Mar 7, 2008 9:16am
GREED IS THE ULTIMATE INDICATOR
  • #66,730
  • Mar 7, 2008 9:16am Mar 7, 2008 9:16am
Quoting SimonJ
Wonder why it's going down again? It just bounced on about 5 different resistance lines I have. Not saying it will move down alot though.

Seems like a little profit taking .... that is why it went down a little.

Is moved up 240 pips in no time. Traders likely will take profit off the table before the next drive. The price will drop slightly sparkiong new buying interest in the rally.
Blogging daily now at www.volume.zone
  • #66,731
  • Mar 7, 2008 9:17am Mar 7, 2008 9:17am
Quoting SimonJ
Wonder why it's going down again? It just bounced on about 5 different resistance lines I have. Not saying it will move down alot though.
Testing fib lvl;
Attached Image (click to enlarge)
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Measure twice, cut once
  • #66,732
  • Mar 7, 2008 9:18am Mar 7, 2008 9:18am
Quoting samdelgado
karmo just needs to learn that just because he made horrible longs back at 208 that the market does not revolve around him
Karmo puts the trades out there at least..says what he is doing when and admits when he is wrong.

We can never be right 100% of the time....

Also he posts cool pictures.
Blogging daily now at www.volume.zone
  • #66,733
  • Mar 7, 2008 9:19am Mar 7, 2008 9:19am
Price made it to a confluence of the London daily R1 and the 1H 200ema. A close above that 200ema would be a nice bullish sign.
  • #66,734
  • Mar 7, 2008 9:20am Mar 7, 2008 9:20am
Just find a nice flash game, (instead of watching grass grows )

http://www.miniclip.com/games/canyon-defense/fr/
  • #66,735
  • Mar 7, 2008 9:20am Mar 7, 2008 9:20am
Quoting malcolmb14
Karmo puts the trades out there at least..says what he is doing when and admits when he is wrong.

We can never be right 100% of the time....

Also he posts cool pictures.
Thank you sir
Trade what you see, not what you think.
  • #66,736
  • Mar 7, 2008 9:21am Mar 7, 2008 9:21am
Quoting aediaz1
Testing fib lvl;
Yep that's one of my fib's too. Also daily R1 and a couple more fibs. Looks like breaking trough now. But I'm not trading today, market is way to strange.
  • #66,737
  • Mar 7, 2008 9:22am Mar 7, 2008 9:22am
The key here is to keep an eye out for UJ. Look at the big long green candle on the hourly chart. It hasn't managed a candle like this during the entire downtrend from 108. It "looks" like UJ will make a sizeable bounce this time. Then if that bounce will turn into something else only time will tell.
  • #66,738
  • Mar 7, 2008 9:23am Mar 7, 2008 9:23am
Quoting Putto
You seem to be implying that karmo is holding onto this position out of stubborness/arrogance as opposed to an analysis on a higher timeframe that the market will move to a certain level before continuing elsewhere. I believe Karmo has justified his position technically (whether that analysis be right or wrong is another story) so to bring this back to what this forum is about i would be interested to hear your technical analysis as to why such levels can not be reached (as opposed to just providing petty and unjustified sniping)?
Strangely quiet....
Lemming Forex! The Way to Trade....
  • #66,739
  • Edited 9:27am Mar 7, 2008 9:26am | Edited 9:27am
YM filled dj-30 chart gap. It might drop form here.....however 10 min on YM very bullish.

I think it might run to 12100.

This should take gbpjpy over 207.3
Blogging daily now at www.volume.zone
  • #66,740
  • Mar 7, 2008 9:28am Mar 7, 2008 9:28am
Bears are trying so hard, but the bull has NO MERCY

http://ccn1.net/POTD4/running-bulls/pamploma-10.jpg
Trade what you see, not what you think.
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