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

  • #72,341
  • Apr 8, 2008 9:34am Apr 8, 2008 9:34am
Quoting quecee5
Thxs bro. . .
I still think we will go up a bit according to my charts but it should be limited at best. . . JMHO!
I agree Q,

if indeed we are still stuck in the 4th wave range then I also believe we can move a bit further up.
  • #72,342
  • Apr 8, 2008 9:36am Apr 8, 2008 9:36am
What does ar'd mean?
  • #72,343
  • Apr 8, 2008 9:36am Apr 8, 2008 9:36am
Quoting hcruces
I agree. Specially after holding at the bottom... Im still short term long to 38% to 50% Fibs from the previous fall. 202.20-202.50
Yep, very good target. . .
  • #72,344
  • Apr 8, 2008 9:37am Apr 8, 2008 9:37am
Quoting SimonJ
What does ar'd mean?
ar'd is short for the word "around"
  • #72,345
  • Apr 8, 2008 9:39am Apr 8, 2008 9:39am
looks like we nailed it Q....
  • #72,346
  • Apr 8, 2008 9:40am Apr 8, 2008 9:40am
Quoting quecee5
Seeing the same thing. . .
Take a look at gann hi/lo on 15min and 1hr, both showing gann resistance there. . . I'm looking to book profit there ar'd that area. .
Q, your market timing is impeccable!
  • #72,347
  • Apr 8, 2008 9:43am Apr 8, 2008 9:43am
Booked 1/3 profit @ 202, will book another 1/3 @ 202.20 area and the last 1/3 @ 4hr 5SMA @ 202.40/50 area. . .

Congrats to short-term longs so far. . . 4hr intraday R1 holding things up right now which comes in @ 201.99. . .
  • #72,348
  • Apr 8, 2008 9:44am Apr 8, 2008 9:44am
Quoting hcruces
looks like we nailed it Q....
=
  • #72,349
  • Apr 8, 2008 9:44am Apr 8, 2008 9:44am
Quoting txfx
Q, your market timing is impeccable!
Thxs bro hope you getting those green pips =
  • #72,350
  • Apr 8, 2008 9:47am Apr 8, 2008 9:47am
I don't think we'll get to 202.50 but if we do it's definitely a great short target.
Patience + Humility + Study = Success
  • #72,351
  • Apr 8, 2008 9:49am Apr 8, 2008 9:49am
Looks like GJ has more room to move up, here's what I'm seeing. . .
I'm holding tight until I see 15 min chart top out. . .
Attached Image (click to enlarge)
Click to Enlarge Name: multiple chart1.gif Size: 66 KB
  • #72,352
  • Apr 8, 2008 9:50am Apr 8, 2008 9:50am
Quoting quecee5
Thxs bro hope you getting those green pips =
Hi quecee5

A good fast trade...congrats....hope you had a big slab of $$$ on it


.
  • #72,353
  • Apr 8, 2008 9:51am Apr 8, 2008 9:51am
Quoting DutchTrader
I don't think we'll get to 202.50 but if we do it's definitely a great short target.
I'm thinking a quick spike up there then long wick tail candle rejecting price. The reason I say this is 4hr 5SMA up there and daily R1 is at 202.40 area. Probably will happen right for London packs it in for the day in the next hour. . .

But let's see how it plays out. . .
  • #72,354
  • Apr 8, 2008 9:53am Apr 8, 2008 9:53am
Quoting jacko
Hi quecee5

A good fast trade...congrats....hope you had a big slab of $$$ on it


.
Thxs bro, I loaded up when it dropped down to 201.20 area and bounced, exact same place it bounced on Sunday. . . Looking to flip short on a rejection up top for 200.87 1st target. . . 199.76 area 2nd target. .

Good trading today bro =
  • #72,355
  • Apr 8, 2008 9:54am Apr 8, 2008 9:54am
Quoting quecee5
I'm thinking a quick spike up there then long wick tale candle rejecting price. The reason I say this is 4hr 5SMA up there and daily R1 is at 202.40 area.

But let's see how it plays out. . .

Gotcha
Patience + Humility + Study = Success
  • #72,356
  • Apr 8, 2008 9:56am Apr 8, 2008 9:56am
Quoting DutchTrader
I don't think we'll get to 202.50 but if we do it's definitely a great short target.
Dutch, great stuff the other day. I'm still with you thinking that larger drop is going to be coming about to see the former lows tested again and possibly broken.
I dream, therefore I become.
  • #72,357
  • Apr 8, 2008 9:59am Apr 8, 2008 9:59am
Quoting DutchTrader
Gotcha
You still holding or you booked profits?
  • #72,358
  • Apr 8, 2008 9:59am Apr 8, 2008 9:59am
Quoting quecee5
Thxs bro, I loaded up when it dropped down to 201.20 area and bounced, exact same place it bounced on Sunday. . . Looking to flip short on a rejection up top for 200.87 1st target. . . 199.76 area 2nd target. .

Good trading today bro =
quecee5

You have good trading instincts. Keep doing what you are doing!!

.
  • #72,359
  • Apr 8, 2008 9:59am Apr 8, 2008 9:59am
Quoting mike w
Dutch, great stuff the other day. I'm still with you thinking that larger drop is going to be coming about to see the former lows tested again and possibly broken.
Whatz-up bro =
  • #72,360
  • Apr 8, 2008 10:03am Apr 8, 2008 10:03am
Quoting quecee5
You still holding or you booked profits?
Still holding, booked some at 202, waiting to see if we get 202.20 which I think is the cap but we'll see.
Patience + Humility + Study = Success
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