Are we going to see a bounce at the 38.2FIb before going lower tonight?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #79,542
- May 8, 2008 7:27pm May 8, 2008 7:27pm
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
Sorry I meant bye Byenot "buy" as in purchase.
I'm still laughin so hard, I'm cryin.
FUBAR...
- #79,543
- May 8, 2008 7:33pm May 8, 2008 7:33pm
- | Membership Revoked | Joined Apr 2008 | 2,468 Posts
According to my new analysis, which you all know has been outstandingly accurate of late ( 
), here is exactly what is going to happen:-
I think we will either:-
a.) Go up, then down
b.) Go down, then up
c.) Go sideways, then up
d.) Go sideways, then down
e.) Go down to the pub.
Hope this helps all of you who are undecided in your trades! All the best and happy trading everyone!!
), here is exactly what is going to happen:-I think we will either:-
a.) Go up, then down
b.) Go down, then up
c.) Go sideways, then up
d.) Go sideways, then down
e.) Go down to the pub.
Hope this helps all of you who are undecided in your trades! All the best and happy trading everyone!!
According to my new analysis, which you all know has been outstandingly accurate of late (
I think we will either:-
a.) Go up, then down
b.) Go down, then up
c.) Go sideways, then up
d.) Go sideways, then down
e.) Go down to the pub.
Hope this helps all of you who are undecided in your trades! All the best and happy trading everyone!!
- #79,545
- May 8, 2008 7:58pm May 8, 2008 7:58pm
- Joined Jan 2007 | Status: Trader | 3,719 Posts
oh come on 
... short term possible bounce up, but medium/long term down (big time, possibly way below 192).
... short term possible bounce up, but medium/long term down (big time, possibly way below 192).lol scrat .. down or up ??? make up your mind ....
Nihil Sine Deo.
- #79,547
- May 8, 2008 8:07pm May 8, 2008 8:07pm
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
According to my new analysis, which you all know has been outstandingly accurate of late (
I think we will either:-
a.) Go up, then down
b.) Go down, then up
c.) Go sideways, then up
d.) Go sideways, then down
e.) Go down to the pub.
Hope this helps all of you who are undecided in your trades! All the best and happy trading everyone!!
- #79,549
- May 8, 2008 8:16pm May 8, 2008 8:16pm
- Joined Jan 2007 | Status: Trader | 3,719 Posts
Nihil Sine Deo.
- #79,552
- May 8, 2008 8:44pm May 8, 2008 8:44pm
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
Johnchia, just a price action observation, yes there is a triple bottom, but did you notice on your chart that each time the bounce occurred there was significantly less buying pressure. Each tme the bounce ocurred it rose less and less. This would suggest there are not that many buyers to push up the price now. But who knows any card can play.
i got a good entry at 15mins 50. if 1hr qqe crosses down ill add another position for the ride to 200
- #79,553
- May 8, 2008 8:54pm May 8, 2008 8:54pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
Johnchia, just a price action observation, yes there is a triple bottom, but did you notice on your chart that each time the bounce occurred there was significantly less buying pressure. Each tme the bounce ocurred it rose less and less. This would suggest there are not that many buyers to push up the price now. But who knows any card can play.
Or one could look at it as it didnt take as much buying to absorb the selling to keep it off the lo= 1 bottom and 3 successful tests each producing less and less selling preasure building layers of stops above so's when they decide to put buying to it the triggering of sl's will push price through above resistance.
"Millionaires don't use astrology, billionaires do"
- #79,554
- May 8, 2008 8:59pm May 8, 2008 8:59pm
Thx for pointing out for me Godfrey
I noticed it now. will get out IF i had a chance or else rdy to lose 50pips
I noticed it now. will get out IF i had a chance or else rdy to lose 50pips
Johnchia, just a price action observation, yes there is a triple bottom, but did you notice on your chart that each time the bounce occurred there was significantly less buying pressure. Each tme the bounce ocurred it rose less and less. This would suggest there are not that many buyers to push up the price now. But who knows any card can play.
Sometimes in order to see the light, you have to risk the dark
- #79,555
- May 8, 2008 9:03pm May 8, 2008 9:03pm
- Joined Aug 2007 | Status: Jamaica | 1,069 Posts
Or one could look at it as it didnt take as much buying to absorb the selling to keep it off the lo= 1 bottom and 3 successful tests each producing less and less selling preasure building layers of stops above so's when they decide to put buying to it the triggering of sl's will push price through above resistance.
Ha ha, the glass is half-full, not half-empty... I love it. Interesting
- #79,556
- May 8, 2008 9:17pm May 8, 2008 9:17pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #79,557
- May 8, 2008 9:22pm May 8, 2008 9:22pm
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
Exactly
i got a good entry at 15mins 50. if 1hr qqe crosses down ill add another position for the ride to 200
New 4hr MOM still pointing upwards, exited my shorts for 40pips.
shorts be careful it sems longs willl come in play by london
- #79,558
- May 8, 2008 9:26pm May 8, 2008 9:26pm
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
Or one could look at it as it didnt take as much buying to absorb the selling to keep it off the lo= 1 bottom and 3 successful tests each producing less and less selling preasure building layers of stops above so's when they decide to put buying to it the triggering of sl's will push price through above resistance.
Orions and Godfrey, theories upo theories, which do we accept, half full or half empty
- #79,559
- May 8, 2008 9:27pm May 8, 2008 9:27pm
- Joined Mar 2007 | Status: Symbol | 2,788 Posts
FF journal: Peaks and Troffs
- #79,560
- May 8, 2008 9:30pm May 8, 2008 9:30pm
- Joined Apr 2008 | Status: Trader | 7,674 Posts
I see it's at 202.5 again. For the 4th time.