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

  • #78,441
  • May 6, 2008 4:50am May 6, 2008 4:50am
Quoting karmostaji
Price bouncing hard off the Daily gann hilo, as long as we trade above it, the trend is up for me
im not alone today
  • #78,442
  • May 6, 2008 4:53am May 6, 2008 4:53am
As long as it bounce off the Weekly SMA, downtrend is intact.
  • #78,443
  • May 6, 2008 4:58am May 6, 2008 4:58am
Quoting khaled22
hi
I am go short @208 waiting 205.90 to exit
the trend strong bearish
we said that from yesterday, now we need to breake 205.35 to go 203 area
  • #78,444
  • May 6, 2008 5:11am May 6, 2008 5:11am
Quoting karmostaji
Price bouncing hard off the Daily gann hilo, as long as we trade above it, the trend is up for me
My daily Gann-Hilo 10 is @205.085. The price bounce from 205.70/80 area. Were u see the daily gann-hilo.
It’s just emotions & money
  • #78,445
  • May 6, 2008 5:12am May 6, 2008 5:12am
iam wating retest of 205.70 and if dont break it i'll try to go long with sl ...
lets see..
  • #78,446
  • May 6, 2008 5:18am May 6, 2008 5:18am
Daily Gann [blue] @205.097 but 50EMA [red] on daily also..

http://www.doske.com/Charts/snapshot-93.png
  • #78,447
  • May 6, 2008 5:20am May 6, 2008 5:20am
My broker trade desk says inter bank players are trying to fade the cable's move. Covering 1.9720. The way i see it, if gbp/jpy goes down, then eur/usd goes up. and vise versa. So they are supporting a lower euro, higher pound. let's see which banks win on this.
  • #78,448
  • May 6, 2008 5:33am May 6, 2008 5:33am
Quoting Val144
My daily Gann-Hilo 10 is @205.085. The price bounce from 205.70/80 area. Were u see the daily gann-hilo.
http://img337.imageshack.us/img337/5674/82342765es5.gif
Trade what you see, not what you think.
  • #78,449
  • May 6, 2008 6:14am May 6, 2008 6:14am
Becareful who are long....wave 4 will complete and only god know.
Attached Image (click to enlarge)
Click to Enlarge Name: gj- weekly.gif Size: 15 KB
  • #78,450
  • May 6, 2008 6:18am May 6, 2008 6:18am
Pandora, this will not be going through the bottom until price and time balance first, weeks maybe months we will be in W 4
"Millionaires don't use astrology, billionaires do"
  • #78,451
  • May 6, 2008 6:19am May 6, 2008 6:19am
Quoting OrionsWay
Pandora, this will not be going through the bottom until price and time balance first, weeks maybe months we will be in W 4
Trade what you see, not what you think.
  • #78,452
  • May 6, 2008 6:23am May 6, 2008 6:23am
Quoting PandoraBox
Becareful who are long....wave 4 will complete and only god know.
yep yep i think if we go up up we ll retest bottom, iam wating this...
  • #78,453
  • May 6, 2008 6:28am May 6, 2008 6:28am
Ok, stopped out earlier, but price has returned above 206. Rejected off 4hr 55 SMA and daily Gann HiLo...So have gone long from 206.37, have set SL below Daily Gann and Target for me is 209. Price will drop now that I'm back in a trade LOL
  • #78,454
  • May 6, 2008 6:33am May 6, 2008 6:33am
Fantastic, price dropped as soon as I entered the trade...don't you love this pair LOL, lets see if we just retest today's low again...
  • #78,455
  • May 6, 2008 6:33am May 6, 2008 6:33am
Quoting OrionsWay
Pandora, this will not be going through the bottom until price and time balance first, weeks maybe months we will be in W 4

Only god know...
  • #78,456
  • May 6, 2008 6:37am May 6, 2008 6:37am
Quoting PandoraBox
Only god know...

well exactly, thats why, for the order of things since beginning of markets have always suggested that things must balance when out of balance before next progression can take place, that being said, doesnt mean we cant bounce off the bottom a cpl time before the break.
"Millionaires don't use astrology, billionaires do"
  • #78,457
  • May 6, 2008 6:38am May 6, 2008 6:38am
S&P about to break down thru 1400
Patience + Humility + Study = Success
  • #78,458
  • May 6, 2008 6:39am May 6, 2008 6:39am
Quoting OrionsWay
well exactly, thats why, for the order of things since beginning of markets have always suggested that things must balance when out of balance before next progression can take place, that being said, doesnt mean we cant bounce off the bottom a cpl time before the break.
Hello Orion,

Are you seeing North or is it just me imagining things on my Charts??
  • #78,459
  • May 6, 2008 6:42am May 6, 2008 6:42am
Anyone long at the moment?
  • #78,460
  • May 6, 2008 6:45am May 6, 2008 6:45am
Quoting shakesfx
Hello Orion,

Are you seeing North or is it just me imagining things on my Charts??
believe in your ability, and rely on noone, noone has ever grasped orderflow overnight so dont beat yourself up if wrong. Just learn from your mistakes
"Millionaires don't use astrology, billionaires do"
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