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

  • #83,901
  • May 23, 2008 7:55am May 23, 2008 7:55am
Dow futures -50
Gold 926.5
Oil 132
Cable 1.98 tough resistance
UJ 103.3 tough support

An hourly close below 205 is what we need
Money & Pain Respect the market, protect your capital, be patient
  • #83,902
  • May 23, 2008 7:58am May 23, 2008 7:58am
Quoting toyboy tramp
Dow futures -50
Gold 926.5
Oil 132
Cable 1.98 tough resistance
UJ 103.3 tough support

An hourly close below 205 is what we need
Hopefully, we can see 203.xx area. If the coming house sales news is bad, shall accelerate the downward further.
  • #83,903
  • May 23, 2008 8:00am May 23, 2008 8:00am
Quoting uplink
still holding my shorts to...
i just want too see what the news would bring to the table...

do you think it wise?

it is wise IF you're short from the top (206+)
  • #83,904
  • May 23, 2008 8:00am May 23, 2008 8:00am
204.70 area is a strong S/R level, look at the daily chart

http://img393.imageshack.us/img393/8360/gjer8.gif
Trade what you see, not what you think.
  • #83,905
  • May 23, 2008 8:00am May 23, 2008 8:00am
Looking good for 203
Money & Pain Respect the market, protect your capital, be patient
  • #83,906
  • May 23, 2008 8:00am May 23, 2008 8:00am
Quoting lilmoe
echo: and again..and again... and again.... and againn.. echo.... echo...

muhahahahaha
10 pips man, that''s SWEET
, you can get better than that. (or maybe to get stopped for 1 pip)
  • #83,907
  • May 23, 2008 8:02am May 23, 2008 8:02am
[quote=karmostaji;2017035]204.70 area is a strong S/R level, look at the daily chart



55 EMA on the hourly marks the spot
Money & Pain Respect the market, protect your capital, be patient
  • #83,908
  • May 23, 2008 8:03am May 23, 2008 8:03am
Quoting karmostaji
I just took a long at 205.30, 100 pips SL, TP 207+

new 4H momentum is bullish

Good luck


or we donate some extra crude oil fee to this oil tycoon??
I AM NOT AGAINST ANY RETARD. I AM JUST AGAINST ANY WRONG/LOSING TRADES.
  • #83,909
  • May 23, 2008 8:05am May 23, 2008 8:05am
your chart also says that a tough TL was rejected... bad.

Quoting karmostaji
204.70 area is a strong S/R level, look at the daily chart

http://img393.imageshack.us/img393/8360/gjer8.gif
  • #83,910
  • May 23, 2008 8:06am May 23, 2008 8:06am
Quoting lilmoe
your chart also says that a tough TL was rejected... bad.
anything is possible though..
  • #83,911
  • May 23, 2008 8:07am May 23, 2008 8:07am
[quote=toyboy tramp;2017040]
Quoting karmostaji
204.70 area is a strong S/R level, look at the daily chart



55 EMA on the hourly marks the spot
also 50ema on daily... but i don't see any other support down there. do u?
  • #83,912
  • May 23, 2008 8:07am May 23, 2008 8:07am
Quoting lilmoe
your chart also says that a tough TL was rejected... bad.
but price is above daily gann and daily QQE is crossed up
Weekly momentum is extremely bullish

I don't use just 1 angle to trade
Trade what you see, not what you think.
  • #83,913
  • May 23, 2008 8:10am May 23, 2008 8:10am
[quote=lilmoe;2017059]
Quoting toyboy tramp

also 50ema on daily... but i don't see any other support down there. do u?
1h 50ema
4h gann at 204.60
daily s/r level at 204.70

if price closes below these then yes i'll go short otherwise I don't see any good reason to short unless you are scalping for small pips
Trade what you see, not what you think.
  • #83,914
  • May 23, 2008 8:12am May 23, 2008 8:12am
[quote=karmostaji;2017066]
Quoting lilmoe
1h 50ema
4h gann at 204.60
daily s/r level at 204.70

if price closes below these then yes i'll go short otherwise I don't see any good reason to short unless you are scalping for small pips

maybe.. maybe not. i guess the news is the major driving factor for that. 1 more hour to go.
  • #83,915
  • May 23, 2008 8:13am May 23, 2008 8:13am
204
203.3
and then 202.7
Money & Pain Respect the market, protect your capital, be patient
  • #83,916
  • May 23, 2008 8:13am May 23, 2008 8:13am
Quoting karmostaji
but price is above daily gann and daily QQE is crossed up
Weekly momentum is extremely bullish

I don't use just 1 angle to trade

I think we can. Since he seldom make trade calls, once he makes it it must be wrong.
I AM NOT AGAINST ANY RETARD. I AM JUST AGAINST ANY WRONG/LOSING TRADES.
  • #83,917
  • May 23, 2008 8:14am May 23, 2008 8:14am
[quote=lilmoe;2017059]
Quoting toyboy tramp

also 50ema on daily... but i don't see any other support down there. do u?
a lot of density on 204.00 area my friend... that is a big cake.. after that, we back to ""normal"
  • #83,918
  • May 23, 2008 8:16am May 23, 2008 8:16am
UJ is tanking, GU is at yesterday's top (that also been rejected "so far"). if this keeps up, we WILL see yesterday's low.
  • #83,919
  • May 23, 2008 8:18am May 23, 2008 8:18am
Quoting WarrenBuffet
I think we can. Since he seldom make trade calls, once he makes it it must be wrong.
Mate,

If you dont want his opinion fine. Others do so please respect others.
  • #83,920
  • May 23, 2008 8:18am May 23, 2008 8:18am
[quote=Piters;2017074]
Quoting lilmoe
a lot of density on 204.00 area my friend... that is a big cake.. after that, we back to ""normal"
crappy and smelly that is
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