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

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

#79,241
May 8, 2008 1:59am May 8, 2008 1:59am

ephisi
| Membership Revoked | Joined Jun 2007 | 3,782 Posts

Quoting Piters

Disliked

Thank you, Thank you...

Ignored

Good job collector, i called it also. its all about d smas, moms and qqes

#79,242
May 8, 2008 1:59am May 8, 2008 1:59am

warta
Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts

break or bouce again ? lets see

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#79,243
May 8, 2008 2:00am May 8, 2008 2:00am

Islander
Joined Jan 2007 | Status: Trader | 11,838 Posts

Quoting Clouds

Disliked

Nikkei tumbled for a moment, London in 5 minute, Who knows.

Ignored

Ah - so that's what it was - anyway, a clean "naked" fibo entry.....sell at the 50% or on the exit from the DZ http://www.forexfactory.com/images/icons/icon12.gif

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Trading Levels with WRBs

#79,244
May 8, 2008 2:03am May 8, 2008 2:03am

lilmoe
Joined Aug 2007 | Status: The Weather Man | 8,859 Posts

Quoting warta

Disliked

lets see the close of this 1 h candle if below 203.30 well byebye bullish and welcome 200.00

Ignored

bro if this breaks down, nothing's stopping it from reaching 198

#79,245
May 8, 2008 2:03am May 8, 2008 2:03am

Clouds
Joined Apr 2008 | Status: Trader | 7,674 Posts

Quoting sarama001

Disliked

There is a trendline stopping this fall.

Ignored

Your right, it bounced right off the daily trendline.

#79,246
May 8, 2008 2:06am May 8, 2008 2:06am

jarroo
Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts

Quoting Clouds

Disliked

Your right, it bounced right off the daily trendline.

Ignored

Also at a strong S/R Level. I think I'll try a Clouds trade. Small position.

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Indicators show the past. Price Action "Indicates" the future.

#79,247
May 8, 2008 2:08am May 8, 2008 2:08am

pr0spero
| Joined Jan 2008 | Status: Trader | 127 Posts

Quoting Islander

Disliked

Anyone else noticed that for the last few hours UJ has uncoupled from the Swissy. Normally they move together, but in the Asian session Swissy went up 80 and UJ down 70.

The fall of the Euro over the same period tends to confirm the Swissy's move, which to me implies that something's happening with the Yen......

Any suggestions......

Ignored

Yes, i been watching this for days now, again and again, on and off.

Good observation Islander..

One of the two (USD/CHF and USD/JPY) is lieing about what's going on, and what 's cooking.

..bit which one? The million dollar question..

can we have a massive drop in the yen carries now when the swiss carries seem to point other way?

And where was the panic selling after the Dow's and then the Nikkei's big drops?

this doesnt smell like bear territory to me..

#79,248
May 8, 2008 2:08am May 8, 2008 2:08am

ak4x
Joined Aug 2007 | Status: TARFU... | 7,015 Posts

Quoting ak4x

Disliked

good deal... M1 is 3.06

(and I do have a small long on Uj from 3.06...)

Ignored

out at 3.26 for 20. good nite all. pip carefully

FUBAR...

#79,249
May 8, 2008 2:08am May 8, 2008 2:08am

Scotty B
Joined Dec 2007 | Status: Informed | 1,641 Posts

Ok so she fell on her face again and managed to engulf the previous candle. As I see it we started a small up-trend, and then this engulfing business. Isn't this a sign of trend continuation, small as it may be? Just curious.

Scotty B

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#79,250
May 8, 2008 2:08am May 8, 2008 2:08am

warta
Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts

amazing this pair , really respect the trends

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#79,251
May 8, 2008 2:11am May 8, 2008 2:11am

Clouds
Joined Apr 2008 | Status: Trader | 7,674 Posts

Looks like G/U is bouncing off Daily Trend line too.

#79,252
May 8, 2008 2:11am May 8, 2008 2:11am

Scotty B
Joined Dec 2007 | Status: Informed | 1,641 Posts

Another one...Interesting movements.

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#79,253
May 8, 2008 2:12am May 8, 2008 2:12am

forexmoments
| Commercial User | Joined Dec 2007 | 1,927 Posts

Quoting warta

Disliked

amazing this pair , really respect the trends

Attachment

Ignored

Indeed it does!

#79,254
May 8, 2008 2:19am May 8, 2008 2:19am

Islander
Joined Jan 2007 | Status: Trader | 11,838 Posts

Quoting pr0spero

Disliked

Yes, i been watching this for days now, again and again, on and off.

Good observation Islander..

One of the two (USD/CHF and USD/JPY) is lieing about what's going on, and what 's cooking.

..bit which one? The million dollar question..

can we have a massive drop in the yen carries now when the swiss carries seem to point other way?

And where was the panic selling after the Dow's and then the Nikkei's big drops?

this doesnt smell like bear territory to me..

Ignored

Thanks for your reply - glad to know that I'm not alone in this - there's something fishy going on and I'm trying to work out what it means - and how to plunder some extra pips!

Trading Levels with WRBs

#79,255
May 8, 2008 2:19am May 8, 2008 2:19am

ephisi
| Membership Revoked | Joined Jun 2007 | 3,782 Posts

im out guys , happy trading

#79,256
May 8, 2008 2:19am May 8, 2008 2:19am

lilmoe
Joined Aug 2007 | Status: The Weather Man | 8,859 Posts

Quoting lilmoe

Disliked

bro if this breaks down, nothing's stopping it from reaching 198

Ignored

correction 197.50

right now we're at 50% fibo from feb-27th massive bearish dump. also in confluence with lower TL at 203.03

TOUGH cookie... however, if breached by daily candle

bermudas bermudas bermudas to the power of 99999

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#79,257
May 8, 2008 2:20am May 8, 2008 2:20am

Clouds
Joined Apr 2008 | Status: Trader | 7,674 Posts

If it respects the trend line (above ) it could go to 213.79, actually higher, but that's what it's at right now.

#79,258
May 8, 2008 2:25am May 8, 2008 2:25am

Scotty B
Joined Dec 2007 | Status: Informed | 1,641 Posts

Quoting warta

Disliked

amazing this pair , really respect the trends

Attachment

Ignored

I liked your chart Warta and you inspired me to Gann it up... I found something interesting as well, if we get the current candle to close below 203.52 we will go to 198.09, if she closes above 203.52 price will go back up to 209. Time will tell.