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

  • #76,461
  • Apr 29, 2008 2:31pm Apr 29, 2008 2:31pm
Quoting quecee5
If UJ closes above 104 that will be a very good sign for our GJ long. . .
Ok Bro and everyone thats me done for today...I'll have a quick look to see whats happening at NY close.

It's great to be in a position on this long at BE, nice feeling where I lose nothing or get some more green pips....Won't be long before the Bermuda's

Thanks again to all - See ya tomorrow for the explosive beast roller-coaster -
  • #76,462
  • Apr 29, 2008 2:34pm Apr 29, 2008 2:34pm
You guys are pretty inspiring
Money & Pain Respect the market, protect your capital, be patient
  • #76,463
  • Edited 3:15pm Apr 29, 2008 2:46pm | Edited 3:15pm
Okay, for all that's still ar'd check out this chart I posted last week and how it has played out. . . (chart hasn't been modified since posting last week)

Could GJ be headed for the infamous 210/211 to complete this wave 5 before heading down further.

Something to consider. . . Will see how this chart looks after 2morrow. . .

Let me know your thoughts. . .

Click here for the original chart posting. . .
http://www.forexfactory.com/showthre...62#post1960462
Attached Image (click to enlarge)
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  • #76,464
  • Apr 29, 2008 3:17pm Apr 29, 2008 3:17pm
What was the close of UJ? 104? Above 104? I wasn't watching.
  • #76,465
  • Apr 29, 2008 3:19pm Apr 29, 2008 3:19pm
I'm just loving this short squeeze. . .

It's been fun all - see u's much, much later, gotta go to the gym and work out a bit. . .
Will check in during london session. . . =
  • #76,466
  • Apr 29, 2008 3:19pm Apr 29, 2008 3:19pm
Quoting Clouds
What was the close of UJ? 104? Above 104? I wasn't watching.
above 104 bro. . .
  • #76,467
  • Apr 29, 2008 3:22pm Apr 29, 2008 3:22pm
Quoting quecee5
above 104 bro. . .
Thanks.
  • #76,468
  • Apr 29, 2008 3:29pm Apr 29, 2008 3:29pm
Que, think them longs play out for some time yet
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"Millionaires don't use astrology, billionaires do"
  • #76,469
  • Apr 29, 2008 3:30pm Apr 29, 2008 3:30pm
Close the other half of my 207.13 at 203.97.

Moved lock in stop at 205.50 of my 206.70 entry. Sorry, can't post charts, not at home.
Indicators show the past. Price Action "Indicates" the future.
  • #76,470
  • Apr 29, 2008 3:35pm Apr 29, 2008 3:35pm
Quoting FX
http://forextradecalls.blogspot.com/
GBPJPY call nailed it on the intraday. I try to get these up in real time. S&P and GBPJPY were moving in the same direction. After Blanchflower's speech noon Chicago time the GBP got crushed while S&P rallied a bit.
I definately see more GBPCHF GBPJPY selloff ahead.
It really is that easy.
  • #76,471
  • Apr 29, 2008 3:35pm Apr 29, 2008 3:35pm
Quoting OrionsWay
Que, think them longs play out for some time yet
Bro, so you thinking wave 4 will retrace to at least 61.8% of the move started @ 241?

I hope you are right, one thing that I do know is there is a double bottom at 203.30/40 area so I was think'n at least 210/211/213/216 but 222/225 would work just as well. . .
  • #76,472
  • Apr 29, 2008 3:37pm Apr 29, 2008 3:37pm
Quoting jarroo
Close the other half of my 207.13 at 203.97.

Moved lock in stop at 205.50 of my 206.70 entry. Sorry, can't post charts, not at home.
Jarroo cangratz perfet job, i have to learn my mistakes i was wrong today
  • #76,473
  • Apr 29, 2008 3:39pm Apr 29, 2008 3:39pm
Quoting quecee5
there is a double bottom at 203.30/40 area .
Where is the double bottom, there is a double top back up at 208, but am not seeing a double bottom...
Money & Pain Respect the market, protect your capital, be patient
  • #76,474
  • Apr 29, 2008 3:41pm Apr 29, 2008 3:41pm
Quoting toyboy tramp
Where?!
See chart below. . .
Attached Image (click to enlarge)
Click to Enlarge Name: daily chart2.gif Size: 22 KB
  • #76,475
  • Apr 29, 2008 3:44pm Apr 29, 2008 3:44pm
I have a double bottom...oh wait you mean the charts...sorry
  • #76,476
  • Apr 29, 2008 3:45pm Apr 29, 2008 3:45pm
Quoting toyboy tramp
Where is the double bottom, there is a double top back up at 208, but am not seeing a double bottom...
On the 4hr...
Attached Image (click to enlarge)
Click to Enlarge Name: gbp jpy 4hr.gif Size: 37 KB
  • #76,477
  • Apr 29, 2008 3:46pm Apr 29, 2008 3:46pm
Still watching UJ kids
Patience + Humility + Study = Success
  • #76,478
  • Apr 29, 2008 3:47pm Apr 29, 2008 3:47pm
Quoting dk143wvc
I have a double bottom...oh wait you mean the charts...sorry

  • #76,479
  • Apr 29, 2008 3:47pm Apr 29, 2008 3:47pm
Quoting quecee5
Bro, so you thinking wave 4 will retrace to at least 61.8% of the move started @ 241?

I hope you are right, one thing that I do know is there is a double bottom at 203.30/40 area so I was think'n at least 210/211/213/216 but 222/225 would work just as well. . .

Yea Que anything is possible for sure But i see yen driving north. But you know how the ave theory works, great in hind sight and always changing. Not sure i would concider that major 123 or at least the points this program called as too valid, or one must throw all theory out window. Yet the down move on that weekly chart, the structure is solid both intermediate and minor, so time will tell. To me it just needs to run out alot of time yet, as for price who knows. here is Gann chart clearly defined the demand line and now the supply line once again.
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"Millionaires don't use astrology, billionaires do"
  • #76,480
  • Apr 29, 2008 3:47pm Apr 29, 2008 3:47pm
Quoting DutchTrader
Still watching UJ kids
A daily close above this level for UJ would be very bullish. . .
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