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

  • #75,221
  • Apr 24, 2008 12:09pm Apr 24, 2008 12:09pm
Quoting alearner
dont do it....go with the flow. We are pretending everything is ok tonight.

exactly
Patience + Humility + Study = Success
  • #75,222
  • Apr 24, 2008 12:15pm Apr 24, 2008 12:15pm
Looks like we might go to 206.40 region which is also the 23.6Fib level from the rise from 198.60 region also its around the Monthly R1. not liking this market at all.
  • #75,223
  • Apr 24, 2008 12:16pm Apr 24, 2008 12:16pm
i'm willing to sacrifice 15 pips!


Attached Image



Quoting alearner
dont do it....go with the flow. We are pretending everything is ok tonight.
  • #75,224
  • Apr 24, 2008 12:21pm Apr 24, 2008 12:21pm
  • #75,225
  • Apr 24, 2008 12:23pm Apr 24, 2008 12:23pm
Quoting DutchTrader
DJIA or GJ?
look all this run on GY and UY on my 3min , (CCI & Moms)

http://www.doske.com/fx/ew-86.png

http://www.doske.com/fx/ew-85.png
  • #75,226
  • Apr 24, 2008 12:27pm Apr 24, 2008 12:27pm
Quoting malcolmb14
lol .....

I trade the ym ... dj emini ... up about 140 points today,

Look at futures chart below .... see how it going down on durable goods and housing news .... then ford news out at 7:30 ish on chart had huge effect on market .

This is 2 MIN chart. That is my favoured time for trading ym .

Attachment

just to confirm what i was teklling u earlier. i know u are a good trader, but i made a point and u counterde it.

heres confirmation
Stocks Shake Off Early Losses- APStocks turned higher as investors focused on a drop in weekly unemployment claims and stronger-than-expected results from Ford Motor Co. rather than weak housing figures and cautious comments from some retailers.
  • #75,227
  • Apr 24, 2008 12:29pm Apr 24, 2008 12:29pm
Cook me some pinbars....I'm HUNGRY......
Attached Image
  • #75,228
  • Apr 24, 2008 12:36pm Apr 24, 2008 12:36pm
Attached Image (click to enlarge)
Click to Enlarge Name: absolut conspiracy.jpg Size: 622 KB


Quoting Rustyyy
Cook me some pinbars....I'm HUNGRY......
  • #75,229
  • Apr 24, 2008 12:37pm Apr 24, 2008 12:37pm
That is what I am talking about, a daily close aboove the TL can change the trend.. another rejection.. only one way-> down. (the question is when?? in a day, two, week??) everytime on weekly chart when Stoch goes back from overbought position (cross 80 line) we are having SellOff on WallStreet...

I am not mentioning the monster pattern on Weekly

Malcolmb, DT, any comments ??

http://www.doske.com/Charts/snapshot-87.png

http://www.doske.com/Charts/snapshot-88.png
  • #75,230
  • Apr 24, 2008 12:41pm Apr 24, 2008 12:41pm
Quoting lilmoe
Attachment
ABSOLUTELY
  • #75,231
  • Apr 24, 2008 12:45pm Apr 24, 2008 12:45pm
who will win this battle ??

http://invisibleman.com/bear-vs-bull.jpg
  • #75,232
  • Apr 24, 2008 12:45pm Apr 24, 2008 12:45pm
Quoting Rustyyy
ABSOLUTELY

bounce baby, bouncy baby! let me get a woo woo!!
  • #75,233
  • Apr 24, 2008 12:57pm Apr 24, 2008 12:57pm
Quoting Devilc0de
who will win this battle ??

http://invisibleman.com/bear-vs-bull.jpg
My guess
Attached Image
  • #75,234
  • Apr 24, 2008 1:04pm Apr 24, 2008 1:04pm
We've given him a few day off as a matter of National Security
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Click to Enlarge Name: dayoff.gif Size: 21 KB
  • #75,235
  • Apr 24, 2008 1:06pm Apr 24, 2008 1:06pm
Another 104.64 test for USD bulls
Patience + Humility + Study = Success
  • #75,236
  • Apr 24, 2008 1:08pm Apr 24, 2008 1:08pm
GDP will break us out of this damn range tonight one way or another.
Patience + Humility + Study = Success
  • #75,237
  • Apr 24, 2008 1:29pm Apr 24, 2008 1:29pm
welcome to hell express 69, we will meet again on weekly R1 or 211.62 whichever comes first.
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 19 KB
  • #75,238
  • Apr 24, 2008 1:35pm Apr 24, 2008 1:35pm
Quoting forexlion
welcome to hell express 69, we will meet again on weekly R1 or 211.62 whichever comes first.

welcome aboard bears!

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  • #75,239
  • Apr 24, 2008 1:36pm Apr 24, 2008 1:36pm
check out the headlights!

Quoting lilmoe
welcome aboard bears!

Attachment
  • #75,240
  • Apr 24, 2008 1:40pm Apr 24, 2008 1:40pm
Quoting Piters
That is what I am talking about, a daily close aboove the TL can change the trend.. another rejection.. only one way-> down. (the question is when?? in a day, two, week??) everytime on weekly chart when Stoch goes back from overbought position (cross 80 line) we are having SellOff on WallStreet...

I am not mentioning the monster pattern on Weekly

Malcolmb, DT, any comments ??
Piters, with this bearish divergence that I see on your weekly chart, I think it is less likely for market to be able to breach that trend line. Even If it does, it will be very limited and will return back down soon.

JMHO
Discipline + Patience - Fear - Greed = Success
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