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

  • #84,001
  • May 23, 2008 9:51am May 23, 2008 9:51am
1hr chart has plenty of room to move down. . .
Attached Image (click to enlarge)
Click to Enlarge Name: 1hr chart.gif Size: 25 KB
  • #84,002
  • May 23, 2008 9:52am May 23, 2008 9:52am
Quoting levitezfx
Hahaha...follow KARMO direction?? Who's karmo? He's the one who move the market??


nah no one does.
I AM NOT AGAINST ANY RETARD. I AM JUST AGAINST ANY WRONG/LOSING TRADES.
  • #84,003
  • May 23, 2008 9:53am May 23, 2008 9:53am
DJIA down 120 @12500
Oil 133
Gold 927
Cable - 1.98 bearish divergence, double top
UJ - 103.3 has to go for this to get interesting
GJ - sitting on daily 55 EMA @ 204.7, fully recovered from news and prepping for a trek south, choosing which bermudas to wear
Money & Pain Respect the market, protect your capital, be patient
  • #84,004
  • May 23, 2008 9:54am May 23, 2008 9:54am
Quoting quecee5
Also, 10 min until another 1hr candle closes below the daily pivot. . .
Quecee is there some significance to your drawing the fib of the recent uptrend from right to left, or is it just a personal preference?
  • #84,005
  • May 23, 2008 9:54am May 23, 2008 9:54am
Quoting toyboy tramp
DJIA down 120 @12500
Oil 133
Gold 927
Cable - 1.98 bearish divergence, double top
UJ - 103.3 has to go for this to get interesting
GJ - sitting on daily 55 EMA @ 204.7, fully recovered from news and prepping for a trek south, choosing which bermudas to wear
This is definitely a sell on all rallies below DP. . .
  • #84,006
  • May 23, 2008 9:55am May 23, 2008 9:55am
Quoting quecee5
If price closes below 4hr gann hi/lo, look for price to hit 203.70 area 1st target by the end of the day. . .
Thanks for the tip. I assume you mean the close of the 1hr candle.

(otherwise My 4 hour candle closes in 2 hrs. I might cheat and find a second broker whos candle closes sooner.)
  • #84,007
  • May 23, 2008 9:55am May 23, 2008 9:55am
Quoting Infinity
Illustration of the daily gunn......
No violence Mr. Infinity.. never wins evil with guns but with love .. and it will gives you pips ..

http://content.sweetim.com/sim/cpie/...s/00020118.gif
  • #84,008
  • May 23, 2008 9:56am May 23, 2008 9:56am
but am I wrong
I AM NOT AGAINST ANY RETARD. I AM JUST AGAINST ANY WRONG/LOSING TRADES.
  • #84,009
  • May 23, 2008 9:57am May 23, 2008 9:57am
Quoting quecee5
1hr chart has plenty of room to move down. . .
My 1h chart is OS but my 4h speaks volumes for bears. I just think we will see a bounce from 1h 100sma @ about 204.04ish.......If the bounce is weak, then I think it will be going much lower than 203.7 next week...
Patience + Discipline - Greed = Success
  • #84,010
  • May 23, 2008 9:58am May 23, 2008 9:58am
Quoting GodfreyH
Quecee is there some significance to your drawing the fib of the recent uptrend from right to left, or is it just a personal preference?
Yes, just my personal preference. . .
  • #84,011
  • May 23, 2008 9:59am May 23, 2008 9:59am
Quoting lilmoe
DAMN, that IS some bearish divergence, how come i didn't notice that before?
Quoting pkimnyc
Although not clear yet, I think I'm seeing a possible divergence set up forming on 4hr chart (zl macd 12,26,9). I don't see anything on 30 min though.
Posted yesterday.
  • #84,012
  • May 23, 2008 10:00am May 23, 2008 10:00am
Quoting mktjong
No violence Mr. Infinity.. never wins evil with guns but with love .. and it will gives you pips ..

How's those shorts MK ......you should be swimming in green right now..
Patience + Discipline - Greed = Success
  • #84,013
  • May 23, 2008 10:00am May 23, 2008 10:00am
Good morning Q.
  • #84,014
  • May 23, 2008 10:01am May 23, 2008 10:01am
Quoting Infinity
My 1h chart is OS but my 4h speaks volumes for bears. I just think we will see a bounce from 1h 100sma @ about 204.04ish.......If the bounce is weak, then I think it will be going much lower than 203.7 next week...

i think we'll reach the bottom of the bearish flag i posted earlier by the end of the day.
  • #84,015
  • May 23, 2008 10:01am May 23, 2008 10:01am
Quoting pkimnyc
Posted yesterday.
I saw it early this morning on ZL MACD when some were talking about going long at 205.50/60 area. . .
  • #84,016
  • May 23, 2008 10:01am May 23, 2008 10:01am
Quoting quecee5
Yes, just my personal preference. . .
ok
  • #84,017
  • May 23, 2008 10:01am May 23, 2008 10:01am
Quoting quecee5
A failure at the DP would have been a good place to enter. . . I see 204.10/15 maybe down to 203.70 then a bounce from there possibly.. .
Sorry Quecee,

What is DP?

Mike
Failure, is a wonderful teacher!
  • #84,018
  • May 23, 2008 10:02am May 23, 2008 10:02am
Quoting lilmoe
i think we'll reach the bottom of the bearish flag i posted earlier by the end of the day.


wheres it
I AM NOT AGAINST ANY RETARD. I AM JUST AGAINST ANY WRONG/LOSING TRADES.
  • #84,019
  • May 23, 2008 10:02am May 23, 2008 10:02am
Quoting quecee5
I saw it early this morning on ZL MACD when some were talking about going long at 205.50/60 area. . .
  • #84,020
  • May 23, 2008 10:03am May 23, 2008 10:03am
Quoting mike1349
Sorry Quecee,

What is DP?

Mike
Daily Pivot Mike
Patience + Discipline - Greed = Success
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