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

  • #80,141
  • May 12, 2008 7:51am May 12, 2008 7:51am
Quoting ffujifilm
as long as in green pips bounce...


oh yes bebe, 75 pips and counting
  • #80,142
  • May 12, 2008 7:53am May 12, 2008 7:53am
forgot to mention that 202.90 should be just as big of a pain...
  • #80,143
  • May 12, 2008 8:02am May 12, 2008 8:02am
Quoting lilmoe
forgot to mention that 202.90 should be just as big of a pain...
yeah...watching closely
  • #80,144
  • May 12, 2008 8:07am May 12, 2008 8:07am
green start for US Market should be..
http://money.cnn.com/data/premarket/
  • #80,145
  • May 12, 2008 8:10am May 12, 2008 8:10am
Quoting ffujifilm
yeah...watching closely
if price goes back to 203.4x then i THINK it's a good place to add more shorts.
  • #80,146
  • May 12, 2008 8:17am May 12, 2008 8:17am


http://www.forexfactory.com/showpost...ostcount=80139
  • #80,147
  • May 12, 2008 8:20am May 12, 2008 8:20am
where's jim when u need him...
  • #80,148
  • May 12, 2008 8:22am May 12, 2008 8:22am
i'm not sure, but according to scrat, that's hidden bearish divergence. can u correct me scrat?

Quoting mktjong


http://www.forexfactory.com/showpost...ostcount=80139
  • #80,149
  • May 12, 2008 8:25am May 12, 2008 8:25am
it's not according to me lol... i'm not the one who described/defined divergences .
but yes, hidden bearish on h4 . now waiting for a regular bearish on 40min... and then i'm short to 198 at least.

Quoting lilmoe
i'm not sure, but according to scrat, that's hidden bearish divergence. can u correct me scrat?
Nihil Sine Deo.
  • #80,150
  • May 12, 2008 8:28am May 12, 2008 8:28am
I've heard a news regarding pres. Bush is going to Middle East including Saudi Arabia. This would bring down the price of crude oil just like Dick Cheney did last time
Good to long all Cad cross pairs
  • #80,151
  • May 12, 2008 8:28am May 12, 2008 8:28am
The 3 important pairs for GJ are all holding just under their 50% fibs off my hourly charts. The Swissy's at 1.0506 and it has been there for 7 hours, UJ is a tad under and held by its M3 pivot at 103.96 and cable has its 50 at 1.9606 with its high so far at 602.

GJ has spiked above it 50% of 203.47 with a high of 203.72. Lets see what the pit open of the Dow etc bring......
Trading Levels with WRBs
  • #80,152
  • May 12, 2008 8:29am May 12, 2008 8:29am
being short and supported by scrat makes my heart at ease

Quoting Scrat
it's not according to me lol... i'm not the one who described/defined divergences .
but yes, hidden bearish on h4 . now waiting for a regular bearish on 40min... and then i'm short to 198 at least.
  • #80,153
  • May 12, 2008 8:31am May 12, 2008 8:31am
Quoting Scrat
it's not according to me lol... i'm not the one who described/defined divergences .
but yes, hidden bearish on h4 . now waiting for a regular bearish on 40min... and then i'm short to 198 at least.
Yeah .. according to your reference that you looked at last time about "hidden bullish divergence" but the price dropped more than 300 pips
Anyway .. we all can predict but nothing is for sure ..hehe
  • #80,154
  • May 12, 2008 8:34am May 12, 2008 8:34am
Quoting mktjong
Yeah .. according to your reference that you looked at last time about "hidden bullish divergence" but the price dropped more than 300 pips
Anyway .. we all can predict but nothing is for sure ..hehe

yes, but it went 300 pips down cuz i said so loooool. now i'm in agreement, so it's a different case
  • #80,155
  • May 12, 2008 8:37am May 12, 2008 8:37am
Quoting lilmoe
if price goes back to 203.4x then i THINK it's a good place to add more shorts.

i hope some of u guys got that
i know i did
  • #80,156
  • May 12, 2008 8:40am May 12, 2008 8:40am
Quoting mktjong
Yeah .. according to your reference that you looked at last time about "hidden bullish divergence" but the price dropped more than 300 pips
Anyway .. we all can predict but nothing is for sure ..hehe

I think it's better to trade "what you see" at the moment not a "hidden one" ..
j/k
  • #80,157
  • May 12, 2008 8:44am May 12, 2008 8:44am
Quoting mktjong
I think it's better to trade "what you see" at the moment not a "hidden one" ..
j/k
110% agree
  • #80,158
  • May 12, 2008 8:54am May 12, 2008 8:54am
if 202.90 is breached on a 30 min candle then we're off for a journey to the daily pivot. i'll tell yaul why after it's done, cuz it always screws up every time i mention it
  • #80,159
  • May 12, 2008 8:57am May 12, 2008 8:57am
Quoting lilmoe
if 202.90 is breached on a 30 min candle then we're off for a journey to the daily pivot. i'll tell yaul why after it's done, cuz it always screws up every time i mention it
tell now! tell now! tell now!
  • #80,160
  • May 12, 2008 9:02am May 12, 2008 9:02am
ok close, but i think this should do it.

head and shoulders formation on m5 - m15 and m30 charts
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