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

  • #78,261
  • May 5, 2008 9:24am May 5, 2008 9:24am
Quoting shahroodi
i take a long position at 207.36 sl:206.50 tp:208.36
it looks i was rigth about bottom today... lets see
im expecting to see test around 206.80-90
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  • #78,262
  • May 5, 2008 9:27am May 5, 2008 9:27am
See this lovely sharp set of horns Mr Bear? Do ya punk? Well I'm gonna shove them up your furry ass in a minute if ya don't move out of outta way punk!!!!
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  • #78,263
  • May 5, 2008 9:29am May 5, 2008 9:29am
Quoting forexmoments
What, you caught that?

Didn't exactly catch it...was stuck in a long trade form 207.55 anyway...
  • #78,264
  • May 5, 2008 9:34am May 5, 2008 9:34am


calm down bud,
the price bounced from daily pivot. it has to be broken for price to keep moving up...

i exited my shorts on GU, seems price is heading up now, i think that should help ya do ur thing


Quoting shakesfx
See this lovely sharp set of horns Mr Bear? Do ya punk? Well I'm gonna shove them up your furry ass in a minute if ya don't move out of outta way punk!!!!
  • #78,265
  • May 5, 2008 9:38am May 5, 2008 9:38am
As long as the Dow can hold 13K, take off is this week. We need to see this stay above Thursday's close. If and when that happens, then that implies, that this market is starting to dig its heels in.

THE HUN.
  • #78,266
  • May 5, 2008 9:40am May 5, 2008 9:40am
clear bounce from TL and bounce back from Pivot. now either broken will decide the movement for the rest of the day

i wouldn't enter unless either is broken..

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  • #78,267
  • May 5, 2008 9:45am May 5, 2008 9:45am
Quoting lilmoe

i exited my shorts on GU, seems price is heading up now, i think that should help ya do ur thing
What do you think to the doji forming on the 4hr against the Gann Hi Lo?
  • #78,268
  • May 5, 2008 9:48am May 5, 2008 9:48am
Quoting thehun69
As long as the Dow can hold 13K, take off is this week. We need to see this stay above Thursday's close. If and when that happens, then that implies, that this market is starting to dig its heels in.

THE HUN.
DJIA Futs just broke a T/L on the downside that has held for over a week. I wouldn't be counting on DJIA to hold 13000 this week or today. Just my 1 1/2 cents.
  • #78,269
  • May 5, 2008 9:48am May 5, 2008 9:48am
Quoting shakesfx
What do you think to the doji forming on the 4hr against the Gann Hi Lo?

That doji is looking great up against the top of the support created by the April 30th candle, and the congestion of candles, holding a nice support from April 24-28. Me likey for the longs...

THE HUN.
  • #78,270
  • May 5, 2008 9:49am May 5, 2008 9:49am
on h4 it seems that price reached it's 5sma, it still needs to be broken before we can move more upwards, i guess the next h4 candle will be deciding...


Quoting shakesfx
What do you think to the doji forming on the 4hr against the Gann Hi Lo?
  • #78,271
  • May 5, 2008 9:49am May 5, 2008 9:49am
Quoting Rustyyy
DJIA Futs just broke a T/L on the downside that has held for over a week. I wouldn't be counting on DJIA to hold 13000 this week or today. Just my 1 1/2 cents.

Futures can be as negative as they want..all the Dow has to do is hold slightly above 13K, even to the finish.

THE HUN.
  • #78,272
  • May 5, 2008 9:50am May 5, 2008 9:50am
Quoting Rustyyy
DJIA Futs just broke a T/L on the downside that has held for over a week. I wouldn't be counting on DJIA to hold 13000 this week or today. Just my 1 1/2 cents.
I think Dow is working out of its bearish divergence before any upward push possible. (See chart)
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  • #78,273
  • May 5, 2008 9:56am May 5, 2008 9:56am
Quoting Rustyyy
DJIA Futs just broke a T/L on the downside that has held for over a week. I wouldn't be counting on DJIA to hold 13000 this week or today. Just my 1 1/2 cents.
  • #78,274
  • May 5, 2008 9:57am May 5, 2008 9:57am
Quoting mktjong
I think Dow is working out of its bearish divergence before any upward push possible. (See chart)
I have a few short positions open from 208.00 area.. hope to ride it down more
Today looks like a down day for Dow..
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  • #78,275
  • May 5, 2008 9:57am May 5, 2008 9:57am
Quoting thehun69
Futures can be as negative as they want..all the Dow has to do is hold slightly above 13K, even to the finish.

THE HUN.
Well, geez, last time I checked the actual index follows the futures, but hey believe whatever you want.
  • #78,276
  • May 5, 2008 10:02am May 5, 2008 10:02am
Bull news in a bear market doesn't do much...
  • #78,277
  • May 5, 2008 10:03am May 5, 2008 10:03am
104.60 UJ taking GJ with it
Patience + Humility + Study = Success
  • #78,278
  • May 5, 2008 10:04am May 5, 2008 10:04am
Quoting OrionsWay
that was full of selling careful
pls how do you know its full of selling

any indicators to arrive at this conclusion

thanks
  • #78,279
  • May 5, 2008 10:07am May 5, 2008 10:07am
Quoting mktjong
I have a few short positions open from 208.00 area.. hope to ride it down more
Today looks like a down day for Dow..
i see u have 3lots cangratz good job
  • #78,280
  • Edited 10:18am May 5, 2008 10:08am | Edited 10:18am
Quoting Ruggedman
pls how do you know its full of selling

any indicators to arrive at this conclusion

thanks
Call it lucky guess, wisdom or experience, charts are telling us a story on all the TF's combined, its all about interpretations

first and formost it doesnt matter what any of us think in any of these forums combined even with pooled resources combined we dont matter, not even to the amount of a spec of sand, except to be the FOOD or paycheck for as SCRAT would say BIG SHARK lol what are they thinking and where are they buying/selling. Thats the only thing that matters IMHO



So the real ? ia how do we identify professional activity and align with what they are doing, that is the only psychology that matters in trading unless you are BIG SHARRRRKY

Today Big Shark will be unloading some of his accumulations from last big move without marking price down much against his true intentions if they happen to be LONG BIASed. so he can accumulate at lower prices but not have to buy some too absorb so much that its no longer worth it for him to apply his craft
"Millionaires don't use astrology, billionaires do"
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