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

  • #78,241
  • May 5, 2008 8:40am May 5, 2008 8:40am
Quoting lilmoe
yo, where u been bro?

I have finals this week, had to finish up a serious paper 30 pager. Looking for the UJ drop. How are you bro?
Patience + Humility + Study = Success
  • #78,242
  • May 5, 2008 8:42am May 5, 2008 8:42am
What's happening at the moment is simple. On the dailies, we're in a crunch because of the 208.50 area of resistance and the support at the 204.50 area. I think that we will move upwards but only after finishing up the 5 sma retracement on the weekly- the daily is already completed now. With that, I could see this realistically falling to 206 and possibly lower before making the rise. This is because the 5sma is down at that level and we need retracement to gain more buyers at the better price for the ride on up to possibly 210. Jarroo said it best over in the James16 chart thread with his analysis. We have a double low higher close on the weekly and that's showing the next resistance up at 210.50 which would be an excellent target IMO.
I dream, therefore I become.
  • #78,243
  • May 5, 2008 8:53am May 5, 2008 8:53am
If price holds out... here is your long forming at the moment.
  • #78,244
  • May 5, 2008 8:56am May 5, 2008 8:56am
no 30p paper for me

i'm waiting on the news to take effect so that i can reenter
short or long, donno...

Quoting DutchTrader
I have finals this week, had to finish up a serious paper 30 pager. Looking for the UJ drop. How are you bro?
  • #78,245
  • May 5, 2008 8:59am May 5, 2008 8:59am
pushing one way, the other way... looks like a no trade coming up... market undecided
  • #78,246
  • May 5, 2008 9:00am May 5, 2008 9:00am
Come on you b*tch....LLLOOOOOOOOOOOONNGGGGGGGGGGG!!!!!!!! FFS

Yes, I am having a bad day.
  • #78,247
  • May 5, 2008 9:00am May 5, 2008 9:00am
WTF happened then?!?!
  • #78,248
  • May 5, 2008 9:02am May 5, 2008 9:02am
Good - thankyou...nice 60 pip jump in 15 seconds...very nice...
  • #78,249
  • May 5, 2008 9:03am May 5, 2008 9:03am
news, ok.. i didn't see that...



Quoting guess121
WTF happened then?!?!
  • #78,250
  • May 5, 2008 9:05am May 5, 2008 9:05am
Quoting shakesfx
Good - thankyou...nice 60 pip jump in 15 seconds...very nice...
that was full of selling careful
"Millionaires don't use astrology, billionaires do"
  • #78,251
  • May 5, 2008 9:08am May 5, 2008 9:08am
UJ looking to clear the 105.54/68 congestion zone, fibo zone.
Patience + Humility + Study = Success
  • #78,252
  • May 5, 2008 9:08am May 5, 2008 9:08am
good luck!

Quoting shakesfx
Good - thankyou...nice 60 pip jump in 15 seconds...very nice...
  • #78,253
  • May 5, 2008 9:11am May 5, 2008 9:11am
Quoting OrionsWay
that was full of selling careful
OK I'm watching to see when the plug's pulled on this move...could be VERY soon...Struggling with this 207.55-65 area again...probably stall here?? What do you think Orion?
  • #78,254
  • May 5, 2008 9:12am May 5, 2008 9:12am
Quoting shakesfx
OK I'm watching to see when the plug's pulled on this move...could be VERY soon...Struggling with this 207.55-65 area again...probably stall here?? What do you think Orion?
I think 4hrs needs to unwind perhaps some steam out of dailies as well

i think we have another small wave down off the bottom yet 15m before consolidation again
"Millionaires don't use astrology, billionaires do"
  • #78,255
  • May 5, 2008 9:13am May 5, 2008 9:13am
Quoting DutchTrader
UJ looking to clear the 105.54/68 congestion zone, fibo zone.
4 hour gbp/jpy is looking like a good setup now too. Just have to wait for that close. It'll kill my shorts, but I'll make that and then some if this starts that upwave.
I dream, therefore I become.
  • #78,256
  • May 5, 2008 9:13am May 5, 2008 9:13am

Quoting shakesfx
Come on you b*tch....LLLOOOOOOOOOOOONNGGGGGGGGGGG!!!!!!!! FFS

Yes, I am having a bad day.
  • #78,257
  • May 5, 2008 9:19am May 5, 2008 9:19am
Dow's jittery so it's slowing the upward movement for now.
Patience + Humility + Study = Success
  • #78,258
  • May 5, 2008 9:20am May 5, 2008 9:20am
Quoting shahroodi
new 12 and 6 hr candles and momentoms

ps:12hr momentoms shows bulls for GJ...alos price still above 4hr gann and sitted on it...so if in 15 min chart QQE5 crossed up and price close above gann i'll take a long position
i take a long position at 207.36 sl:206.50 tp:208.36
  • #78,259
  • May 5, 2008 9:20am May 5, 2008 9:20am
Quoting DutchTrader
Dow's jittery so it's slowing the upward movement for now.
Good for me! lol I'm still expecting this to see the lower 206's before heading up but I don't predict the future - just play the setups.
I dream, therefore I become.
  • #78,260
  • May 5, 2008 9:23am May 5, 2008 9:23am
Quoting shakesfx
Good - thankyou...nice 60 pip jump in 15 seconds...very nice...
What, you caught that?
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