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

  • #77,501
  • May 1, 2008 9:23am May 1, 2008 9:23am
reckon it'll touch 203.7, might hang around 205 for the next hour though
Money & Pain Respect the market, protect your capital, be patient
  • #77,502
  • May 1, 2008 9:27am May 1, 2008 9:27am
Quoting bill77
PS remember what AUS use to say, dow folows g/j not the other way...lol that was a tongue in cheek comment.
It could be either way Bill. So, in safe, Watch both for in sync
  • #77,503
  • May 1, 2008 9:32am May 1, 2008 9:32am
UJ looks very bulls not good for GJ bear camp
  • #77,504
  • May 1, 2008 9:41am May 1, 2008 9:41am
im holding a short from 206.6... c'mon 204!!! that'd be nice. i'm crankin this tthing down!!
  • #77,505
  • May 1, 2008 9:44am May 1, 2008 9:44am
Quoting kstorm88
im holding a short from 206.6... c'mon 204!!! that'd be nice. i'm crankin this tthing down!!
looks like hard to crack 204.97, but will see. hmmmm.....
  • #77,506
  • May 1, 2008 9:48am May 1, 2008 9:48am
Quoting pkimnyc
looks like hard to crack 204.97, but will see. hmmmm.....
jep jep i see strong [email protected] if we close this hour below i think we 'll see tank again, but i dont think we 'll close.. let watch..
  • #77,507
  • May 1, 2008 9:49am May 1, 2008 9:49am
Quoting Jerry
jep jep i see strong [email protected] if we close this hour below i think we 'll see tank again, but i dont think we 'll close.. let watch..
12 min. to go....
  • #77,508
  • May 1, 2008 9:49am May 1, 2008 9:49am
Quoting kstorm88
im holding a short from 206.6... c'mon 204!!! that'd be nice. i'm crankin this tthing down!!

I don't think i'd be seen dead in a chevy even if you gave me a million dollars.. in fact i can't think of any american car i would want to drive.. and I think the same probably goes for most Europeans..

good luck on the short though.. i'm long so you can have the last laugh on me when it crashes down through 205..



John
  • #77,509
  • May 1, 2008 9:55am May 1, 2008 9:55am
think it's safe to say bye bye 204.11? what do you guys think?
  • #77,510
  • May 1, 2008 9:56am May 1, 2008 9:56am
Chevy's are great cars. The classic ones for sure. I have freinds and family that collect these and they are in great demand. I have a 68 dodge charger that I have been offered 80k for. These vintage cars kick the butt over the Euro cars.
Anyway still short from 206.55. Its stalled but should continue in the medium term.....


Quoting mjolimer
I don't think i'd be seen dead in a chevy even if you gave me a million dollars.. in fact i can't think of any american car i would want to drive.. and I think the same probably goes for most Europeans..

good luck on the short though.. i'm long so you can have the last laugh on me when it crashes down through 205..



John
  • #77,511
  • May 1, 2008 10:01am May 1, 2008 10:01am
brr.. bad news hilo didnt cross on my 4h
  • #77,512
  • May 1, 2008 10:03am May 1, 2008 10:03am
Daily chart is looking bad for the longs it looks like its going to go down hard
  • #77,513
  • May 1, 2008 10:09am May 1, 2008 10:09am
jerry are you sad? i'm sorry bud.
  • #77,514
  • May 1, 2008 10:10am May 1, 2008 10:10am
Quoting vinesh2
Daily chart is looking bad for the longs it looks like its going to go down hard
vinesh,

can you post the chart please?
thanks.
  • #77,515
  • May 1, 2008 10:12am May 1, 2008 10:12am
Sorry I cant on two diff machines but thats what i see.
  • #77,516
  • May 1, 2008 10:13am May 1, 2008 10:13am
Quoting vinesh2
Daily chart is looking bad for the longs it looks like its going to go down hard

You may be right but i can't see that in my daily chart.

Looks like a triangle to me and I see no reason why it shouldn't break up or down at the moment. What are you seeing that makes it look bad for long?

John
  • #77,517
  • May 1, 2008 10:16am May 1, 2008 10:16am
Quoting vinesh2
Sorry I cant on two diff machines but thats what i see.
np bro,

The only thing that I see on daily is the bearish divergence forming on macd.
r u refering to that, if you don't mind me asking?
thanks in advance.
  • #77,518
  • May 1, 2008 10:18am May 1, 2008 10:18am
chart is clear
Attached Image (click to enlarge)
Click to Enlarge Name: 3.gif Size: 17 KB
  • #77,519
  • May 1, 2008 10:18am May 1, 2008 10:18am
I see ZLS crossing the down MACD pointing down. Momentum crossing the 0 line and QQE crossing the signlal line and ofcourse we below gann hi lo however we have a long way to go before the Daily candle closses so you never know
  • #77,520
  • May 1, 2008 10:21am May 1, 2008 10:21am
Not until Close below 203.40 from my perspective, there is still room to go Up. (possibility)

This move down can go down to 203.5; If we close bellow 203.40 then we are in beginning on wave 1 of 5 move Down.. and confirmation for unwinding of Yen Pairs!!

Until then.. Scalping

http://www.doske.com/Charts/snapshot-92.png
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