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

  • #72,641
  • Edited 6:36pm Apr 9, 2008 6:04pm | Edited 6:36pm
Trendline is holding, I see a bounce back to 202.00 now that 200.20 seems to be holding. Damn was I ever wrong
Patience + Humility + Study = Success
  • #72,642
  • Edited 6:36pm Apr 9, 2008 6:23pm | Edited 6:36pm
I see the weekly PP n daily PP will hold if any bounce up happen. Both PP have some very strong res/sup history. Meanwhile i also watching UJ closely if break under 101 will accelerate GJ fall

EDIT : jump in to long at 199.9 with tight SL at 199.5 TP 201
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 25 KB
Sometimes in order to see the light, you have to risk the dark
  • #72,643
  • Apr 9, 2008 7:20pm Apr 9, 2008 7:20pm
Any ideas on why GJ tanked from the 201 area
  • #72,644
  • Apr 9, 2008 7:44pm Apr 9, 2008 7:44pm
Quoting DutchTrader
Trendline is holding, I see a bounce back to 202.00 now that 200.20 seems to be holding. Damn was I ever wrong
NOOO. Never
  • #72,645
  • Apr 9, 2008 7:51pm Apr 9, 2008 7:51pm
Quoting Piters
NOOO. Never

hehe, happens to everyone
Patience + Humility + Study = Success
  • #72,646
  • Apr 9, 2008 8:23pm Apr 9, 2008 8:23pm
ya allah
good morning
hi all
  • #72,647
  • Apr 9, 2008 9:18pm Apr 9, 2008 9:18pm
So we fell thru the 21 mda at 200.14, so now we should get to the beginning of the rally to 205 which started at 198.20/25

Good morning Hussin
Patience + Humility + Study = Success
  • #72,648
  • Apr 9, 2008 9:20pm Apr 9, 2008 9:20pm
I think the market hit lower support then back at least 50% b4 the next move. market looks kinda over sold.
  • #72,649
  • Apr 9, 2008 9:30pm Apr 9, 2008 9:30pm
I am scared GJ might hit a point and shoot back up. GJ hasn't retraced up to 100 pips yet and it has moved more than 200 pips before london open. I don't expect london to move it down. It was only during the subprime days it happened.
  • #72,650
  • Apr 9, 2008 9:32pm Apr 9, 2008 9:32pm
Quoting sarama001
I am scared GJ might hit a point and shoot back up. GJ hasn't retraced up to 100 pips yet and it has moved more than 200 pips before london open. I don't expect london to move it down. It was only during the subprime days it happened.
going down to 198 first, then 195 next. Happy pipping!
All that is left in FF is just plain garbage. "Cloggie"
  • #72,651
  • Apr 9, 2008 9:38pm Apr 9, 2008 9:38pm
Quoting tonyo524
going down to 198 first, then 195 next. Happy pipping!
That is right, but I am scanning for support now to see where it would shoot up.
  • #72,652
  • Edited Apr 10, 2008 12:10am Apr 9, 2008 9:46pm | Edited Apr 10, 2008 12:10am
i see H&S in H1 chart and a widg in daily chart so when H&S complet the widg will be broken down then we will see the (( 198.26))
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my immortal
  • #72,653
  • Apr 9, 2008 9:54pm Apr 9, 2008 9:54pm
Quoting tonyo524
going down to 198 first, then 195 next. Happy pipping!
are you sure?:
  • #72,654
  • Apr 9, 2008 9:57pm Apr 9, 2008 9:57pm
Quoting Jerry
are you sure?:
just 50 %....
what about you
my immortal
  • #72,655
  • Apr 9, 2008 10:05pm Apr 9, 2008 10:05pm
Quoting smart_algo
just 50 %....
what about you
I think we'll not see 195 on this week..
Geppy is oversold already, today later or tomorrow iam going upupup
  • #72,656
  • Apr 9, 2008 10:08pm Apr 9, 2008 10:08pm
Quoting timewilltell
are the 2 red lines the Vegas Tunnel?
Hey, sorry it took so long to respond, I was out all night. They are EMAs plotted out to 24 and 28. They work pretty well most of the time, and when I couple it with price action, it's a charm.

Btw, this drop is working out nicely. I am expecting a little bit of a stall here for the moment though.
I dream, therefore I become.
  • #72,657
  • Apr 9, 2008 10:13pm Apr 9, 2008 10:13pm
Quoting Jerry
I think we'll not see 195 on this week..
Geppy is oversold already, today later or tomorrow iam going upupup
Today is thursday, I believe it is going up today. Then it will fall on friday. I might be wrong.
  • #72,658
  • Apr 9, 2008 10:20pm Apr 9, 2008 10:20pm
Quoting smart_algo
i see H&S in H1 chart and a widg in daily chart so when H&S complet the widg will be broken down then we will see the (( 198.26))
trying to follow your thought here, is a widg a wedge??
FUBAR...
  • #72,659
  • Apr 9, 2008 10:25pm Apr 9, 2008 10:25pm
Quoting ak4x
trying to follow your thought here, is a widg a wedge??
yes it is..... nd i think we will see 197.xx in friday...
my immortal
  • #72,660
  • Edited Apr 10, 2008 12:04am Apr 9, 2008 10:30pm | Edited Apr 10, 2008 12:04am
Quoting smart_algo
yes it is..... nd i think we will see 197.xx in friday...
we desccus about 200 pip about guppy.. its so easy for guppy .. i see 180.xx next week..
my immortal
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