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

  • #76,141
  • Apr 29, 2008 3:18am Apr 29, 2008 3:18am
Quoting Jerry
good job, but i still dont believe in big fall today
Thanks for the pep talk Jerry.
Indicators show the past. Price Action "Indicates" the future.
  • #76,142
  • Apr 29, 2008 3:22am Apr 29, 2008 3:22am
I got a trailing 35 SL and heavily short, all green even if sl is hit later.

SL or 204.63 whichever comes first.
  • #76,143
  • Apr 29, 2008 3:24am Apr 29, 2008 3:24am
Quoting forexlion
I got a trailing 35 SL and heavily short, all green even if sl is hit later.

SL or 204.63 whichever comes first.
204.63 is that the 38.2 Fib?
Indicators show the past. Price Action "Indicates" the future.
  • #76,144
  • Apr 29, 2008 3:25am Apr 29, 2008 3:25am
Ok, We're back to having Fun again.
Indicators show the past. Price Action "Indicates" the future.
  • #76,145
  • Apr 29, 2008 3:28am Apr 29, 2008 3:28am
Quoting jarroo
Ok, We're back to having Fun again.
having fun here too
  • #76,146
  • Apr 29, 2008 3:30am Apr 29, 2008 3:30am
And to think, it all started with that crazy Price Action (IB).
Indicators show the past. Price Action "Indicates" the future.
  • #76,147
  • Apr 29, 2008 3:31am Apr 29, 2008 3:31am
Next target on my chart is 205.50

Peace
Trade what you see, not what you think.
  • #76,148
  • Apr 29, 2008 3:34am Apr 29, 2008 3:34am
Quoting malcolmb14
I was thinking gj would head into 210 zone before dropping back towards 195 ish. But i do not think that is going to happen(the 210 zone). I think that the descent towards 195 will commence on Wednesday of this week and the catalyst will be the fed interest rate annoucement
  • #76,149
  • Apr 29, 2008 3:34am Apr 29, 2008 3:34am
Quoting karmostaji
Next target on my chart is 205.50

Peace
Hey Karmo, Got away from the ball and chain to make trade. Good for you.

J/K
Indicators show the past. Price Action "Indicates" the future.
  • #76,150
  • Edited 3:39am Apr 29, 2008 3:36am | Edited 3:39am
Is this going to be a major drop? I think so...

4HR CHART- QQE Pointing down, Z MACD crossing through zero and shown bearish divergence, Zero Stochs in upper channel and just crossing now....

Price Action - inside bars resulted in breakout to bottom of bar (thanks Jaroo), Doji on yesterdays Daily chart, double top on 4hr etc.

Fundies...
GBP in trouble and UK warned by EU on deficit yesterday....

First target 205.70
2nd target 204.52
3rd target 203.32

What do ya think?
Attached Image (click to enlarge)
Click to Enlarge Name: gbp jpy 4hr.gif Size: 43 KB
  • #76,151
  • Apr 29, 2008 3:42am Apr 29, 2008 3:42am
Quoting karmostaji
Next target on my chart is 205.50

Peace
i have the same target after re-enter @ 208-209
will see
  • #76,152
  • Apr 29, 2008 3:46am Apr 29, 2008 3:46am
The 206.72 is a strong S/R level. Price will test it. No needed to panic yet.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #76,153
  • Apr 29, 2008 3:47am Apr 29, 2008 3:47am
closed out 206.48 before news,

INS battleship forexlion awaits fresh entry.
  • #76,154
  • Apr 29, 2008 3:53am Apr 29, 2008 3:53am
Quoting forexlion
closed out 206.48 before news,

INS battleship forexlion awaits fresh entry.
What? There's news coming out.
Indicators show the past. Price Action "Indicates" the future.
  • #76,155
  • Apr 29, 2008 3:58am Apr 29, 2008 3:58am
News tomorrow isn't it?

I would like to see a break and close below the 1hr 200ema at 206.38.
  • #76,156
  • Apr 29, 2008 4:01am Apr 29, 2008 4:01am
Quoting shakesfx
News tomorrow isn't it?

I would like to see a break and close below the 1hr 200ema at 206.38.
Are you sure on the 200 EMA at the close 1 hr at 206.38?
Indicators show the past. Price Action "Indicates" the future.
  • #76,157
  • Apr 29, 2008 4:07am Apr 29, 2008 4:07am
Quoting jarroo
Are you sure on the 200 EMA at the close 1 hr at 206.38?
Opps! Meant on 200 ema on 30min. (Oanda Platform shows 200EMA at 206.38 on 1Hr though)
  • #76,158
  • Apr 29, 2008 4:08am Apr 29, 2008 4:08am
Quoting shakesfx
Opps! Meant on 200 ema on 30min. (Oanda Platform shows 200EMA at 206.38 on 1Hr though)
I see it now. Thanks.
Indicators show the past. Price Action "Indicates" the future.
  • #76,159
  • Apr 29, 2008 4:11am Apr 29, 2008 4:11am
hrly target 885.61
Imanuel Parsifal
  • #76,160
  • Apr 29, 2008 4:27am Apr 29, 2008 4:27am
206.06ish area looks like a strong S/R level. And good take profit area.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
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