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

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

#70,941
Mar 26, 2008 11:47am Mar 26, 2008 11:47am

shahroodi
Joined Mar 2007 | Status: Trader | 1,731 Posts

Quoting shahroodi

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at start of week,momentoms were bullish(now are bullish too) and at start of today,daily momentoms were bullish too(except of 1c that was slightly bearish)....then the upcoming scenario in my mind is:
US news will be released bad and market now priced in itself for bad news after that we will see the price at 200.70 area again.

ps:just my 2 cents ...but after news release,i will take a long position...196-196.60 is good area for me

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Quoting shahroodi

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i take a long at 198.01,target is 200.50

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#70,942
Mar 26, 2008 11:53am Mar 26, 2008 11:53am

mktjong
| Joined Nov 2006 | Status: Trader | 5,040 Posts

Quoting shahroodi

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Same here..

#70,943
Mar 26, 2008 11:56am Mar 26, 2008 11:56am

maheswara
| Joined Aug 2007 | Status: Senior Member | 1,798 Posts

ah 197.2 would be a nice target for shorts

, good luck to longs , u included shahroodi

To Live is the rarest thing in the world , Most people exist , that is all

#70,944
Mar 26, 2008 12:13pm Mar 26, 2008 12:13pm

Infinity
Joined Feb 2008 | Status: Trader | 5,732 Posts

I personally think that 199.30-50 is a safer target for longs looking at my charts. If this area is breached hard then the party is on

.... That said, the lower trendline on the 4h held well but on the other side of the coin, the pair took a hard hit after reaching 201. It subsequently broke good support areas in 198.5 and 198. All I am saying is that we should keep an open mind on this and let price action guide us.

Bless

Patience + Discipline - Greed = Success

#70,945
Mar 26, 2008 12:15pm Mar 26, 2008 12:15pm

shahroodi
Joined Mar 2007 | Status: Trader | 1,731 Posts

Quoting mktjong

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Same here..

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#70,946
Mar 26, 2008 12:16pm Mar 26, 2008 12:16pm

mktjong
| Joined Nov 2006 | Status: Trader | 5,040 Posts

Quoting Infinity

Disliked

I personally think that 199.30-50 is a safer target for longs looking at my charts. If this area is breached hard then the party is on.... That said, the lower trendline on the 4h held well but on the other side of the coin, the pair took a hard hit after reaching 201. It subsequently broke good support areas in 198.5 and 198. All I am saying is that we should keep an open mind on this and let price action guide us.

Bless

Ignored

Longs are already in party

The next resistance which I think is tough to crack is around @199.80 area ..

#70,947
Mar 26, 2008 12:16pm Mar 26, 2008 12:16pm

shahroodi
Joined Mar 2007 | Status: Trader | 1,731 Posts

Quoting maheswara

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ah 197.2 would be a nice target for shorts , good luck to longs , u included shahroodi

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tks maheswara
termiah kassih teman

#70,948
Mar 26, 2008 12:17pm Mar 26, 2008 12:17pm

Khello
| Joined Jun 2007 | Status: Dr. | 43 Posts

Quoting shahroodi

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i take a long at 198.01,target is 200.50

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Mabrook

Never trouble trouble till trouble troubles you

#70,949
Mar 26, 2008 12:21pm Mar 26, 2008 12:21pm

shahroodi
Joined Mar 2007 | Status: Trader | 1,731 Posts

Quoting Khello

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Mabrook

Ignored

shokran

#70,950
Mar 26, 2008 12:27pm Mar 26, 2008 12:27pm

mktjong
| Joined Nov 2006 | Status: Trader | 5,040 Posts

It is testing the 4 hr 5 sma line. It may pull back a little so far. Btw, closed the longs taken earlier

#70,951
Mar 26, 2008 12:30pm Mar 26, 2008 12:30pm

Miguel
| Joined Aug 2006 | Status: High Achiever | 299 Posts

Quoting Khello

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Mabrook

Ignored

Aiduk xupacu

#70,952
Mar 26, 2008 12:46pm Mar 26, 2008 12:46pm

Dirty Gringo
| Joined Dec 2007 | Status: Trader | 8 Posts

anyone here trading aus's momentum strategy in the premium room?

{IP Address Matches user Pipsnipers}

#70,953
Mar 26, 2008 1:02pm Mar 26, 2008 1:02pm

warta
Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts

Quoting mktjong

Disliked

It is testing the 4 hr 5 sma line. It may pull back a little so far. Btw, closed the longs taken earlier

Ignored

congras. bro

#70,954
Mar 26, 2008 1:17pm Mar 26, 2008 1:17pm

Infinity
Joined Feb 2008 | Status: Trader | 5,732 Posts

Quoting eleron

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Hi,does anyone here using pipsnipers service and are they as good as used to be ?

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I would stay far from there if I were you man. There is a certain word floating around that is very close to.......sounds like......rhymes with..... SPAM.

Figure it out.

Patience + Discipline - Greed = Success

#70,955
Mar 26, 2008 1:21pm Mar 26, 2008 1:21pm

Islander
Joined Jan 2007 | Status: Trader | 11,838 Posts

Quoting eleron

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Hi,does anyone here using pipsnipers service and are they as good as used to be ?

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I suggest that you read this thread....

http://www.forexfactory.com/showpost...postcount=6970

Trading Levels with WRBs

#70,956
Mar 26, 2008 2:04pm Mar 26, 2008 2:04pm

piptrain
| Joined Mar 2008 | Status: All Aboard! | 270 Posts

Updated 4hr chart. Note that price broke the glorious triangle and came back up to retest the bottom trendline. Also the 50ema holding right here (yellow line). Curious that we have a 0 line rejection on the cci however, pointing up...

So I wait for confirmation for trade: close above the 50ema and the TL and bull are back. Show a turn back around and the cci get moving below the 0, bears keep her rollin.

The fib on this chart, the 50% was not quite hit at 197.16, also the weekly pivot.

cheers

Attached Image (click to enlarge)