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

  • #78,581
  • May 6, 2008 11:26am May 6, 2008 11:26am
bye everyone for now anh happy piping
Imanuel Parsifal
  • #78,582
  • May 6, 2008 11:30am May 6, 2008 11:30am
Quoting sycho
bye everyone for now anh happy piping

happy pipin' to you too
  • #78,583
  • May 6, 2008 11:39am May 6, 2008 11:39am
GJ's swing has closed counter trend on the 15. Be very careful here longs! And remember that bulls often die while standing up!
  • #78,584
  • May 6, 2008 11:40am May 6, 2008 11:40am
sure looks like a bull trap to me... 206.50 was good support that stood solid for 16 hours... if i don't see an h4 candle close above that i'm still bearish.

careful longs.
  • #78,585
  • May 6, 2008 11:41am May 6, 2008 11:41am

Quoting Scotty B
GJ's swing has closed counter trend on the 15. Be very careful here longs! And remember that bulls often die while standing up!
  • #78,586
  • May 6, 2008 11:43am May 6, 2008 11:43am
i was thinking long when price bounced off weekly 5sma. however it just seems as a bounce, nothing more. bear camp should continue. 1 h4 "Semi" bullish candle ain't enough for a short term trend reversal.


Quoting lilmoe
sure looks like a bull trap to me... 206.50 was good support that stood solid for 16 hours... if i don't see an h4 candle close above that i'm still bearish.

careful longs.
  • #78,587
  • May 6, 2008 11:46am May 6, 2008 11:46am
Quoting lilmoe
i was thinking long when price bounced off weekly 5sma. however it just seems as a bounce, nothing more. bear camp should continue. 1 h4 "Semi" bullish candle ain't enough for a short term trend reversal.
agreed with u, i still hold my short since last week on 208.70 and 208.70 .. looking 203.50 for my 1st tp
  • #78,588
  • May 6, 2008 11:47am May 6, 2008 11:47am
on the other hand, when speaking GU, daily candle and the previous NOT looking good for bears.
  • #78,589
  • May 6, 2008 11:53am May 6, 2008 11:53am
Quoting lilmoe
on the other hand, when speaking GU, daily candle and the previous NOT looking good for bears.
Check the QQE and Zero MACD, Gann HiLo etc on your 1hr Chart bro...Looks good for bulls
  • #78,590
  • May 6, 2008 11:57am May 6, 2008 11:57am
Quoting Scotty B
GJ's swing has closed counter trend on the 15. Be very careful here longs! And remember that bulls often die while standing up!
agree my friend
again we must see a other trap
  • #78,591
  • May 6, 2008 11:58am May 6, 2008 11:58am
Quoting shakesfx
Check the QQE and Zero MACD, Gann HiLo etc on your 1hr Chart bro...Looks good for bulls
Once UJ breaks above 104.80.....
Patience + Humility + Study = Success
  • #78,592
  • May 6, 2008 11:58am May 6, 2008 11:58am
Quoting hussin naiji
agree my friend
again we must see a other trap
but the DOW .....
  • #78,593
  • May 6, 2008 12:00pm May 6, 2008 12:00pm
Quoting Scotty B
GJ's swing has closed counter trend on the 15. Be very careful here longs! And remember that bulls often die while standing up!
This may be true on the 15 minute chart, but many are trading on higher times frames, 4 hour and up. So, this would be considered just noise.
Indicators show the past. Price Action "Indicates" the future.
  • #78,594
  • May 6, 2008 12:01pm May 6, 2008 12:01pm
watch the same thing on H1 this morning midnight GMT... h1 qqe, MACD, Gann were all pointing up and price went up -150 pips


Quoting shakesfx
Check the QQE and Zero MACD, Gann HiLo etc on your 1hr Chart bro...Looks good for bulls
  • #78,595
  • May 6, 2008 12:02pm May 6, 2008 12:02pm
Quoting lilmoe
watch the same thing on H1 this morning midnight GMT... h1 qqe, MACD, Gann were all pointing up and price went up -150 pips
Dow cleared 13000
  • #78,596
  • May 6, 2008 12:04pm May 6, 2008 12:04pm
Hhhmmm .. smell good from a burning steak .. for sure it is from an animal .. gotta find out bull or bear meat is on a grill .. lunch time is coming
Btw, which one tastes better?
  • #78,597
  • May 6, 2008 12:05pm May 6, 2008 12:05pm
I have been selling all rallies till now. 4hr is still down and Daily is not doing that well either ZLS is about to touch the red line and MACD is angled down. Good scalping day imo
  • #78,598
  • May 6, 2008 12:07pm May 6, 2008 12:07pm
Quoting lilmoe
watch the same thing on H1 this morning midnight GMT... h1 qqe, MACD, Gann were all pointing up and price went up -150 pips
I know the feeling, ...Lets see if it works this time
  • #78,599
  • May 6, 2008 12:08pm May 6, 2008 12:08pm
Verdicts on the DOW bros??
  • #78,600
  • May 6, 2008 12:11pm May 6, 2008 12:11pm
what would be ur ideal target for a long according to PA if u don't mind?


Quoting jarroo
This may be true on the 15 minute chart, but many are trading on higher times frames, 4 hour and up. So, this would be considered just noise.
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