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

  • #87,341
  • Jun 2, 2008 4:04pm Jun 2, 2008 4:04pm
we will see 207 tomorrow and then head back down from there, I'll be waiting for 207 to load shorts big time!

Goodnight fella's
Trade what you see, not what you think.
  • #87,342
  • Jun 2, 2008 4:05pm Jun 2, 2008 4:05pm
Quoting lilmoe
short order at 205.50 took place,

daily TL breached by Daily candle on my platform.
DP at 206.15, if price reaches there, i'll load more shorts.
  • #87,343
  • Jun 2, 2008 4:06pm Jun 2, 2008 4:06pm
What do you think to the Daily QQE..Does it look like it has crossed to you?
  • #87,344
  • Jun 2, 2008 4:06pm Jun 2, 2008 4:06pm
Quoting karmostaji
we will see 207 tomorrow and then head back down from there, I'll be waiting for 207 to load shorts big time!

Goodnight fella's
Agreed. daily 5sma, correct?
  • #87,345
  • Jun 2, 2008 4:08pm Jun 2, 2008 4:08pm
Quoting lilmoe
short order at 205.50 took place,

daily TL breached by Daily candle on my platform.

  • #87,346
  • Jun 2, 2008 4:08pm Jun 2, 2008 4:08pm
Quoting karmostaji
we will see 207 tomorrow and then head back down from there, I'll be waiting for 207 to load shorts big time!

Goodnight fella's
I think so too I may take a small long when I get a good enough signal on the lower tf and reverse in the 207 area.

Good night to you bro.....
Patience + Discipline - Greed = Success
  • #87,347
  • Jun 2, 2008 4:08pm Jun 2, 2008 4:08pm
Quoting shakesfx
What do you think to the Daily QQE..Does it look like it has crossed to you?

yea, but no cross confirmo...momentum is bearish though.
  • #87,348
  • Jun 2, 2008 4:11pm Jun 2, 2008 4:11pm
There is also this tl.....
Attached Image (click to enlarge)
Click to Enlarge Name: daygeppy.GIF Size: 17 KB
Patience + Discipline - Greed = Success
  • #87,349
  • Jun 2, 2008 4:17pm Jun 2, 2008 4:17pm
Quoting shakesfx
4h candle need to close abouve 205.47 if anything above that is to be seen...
i believe IBFX's 4h candles are pretty unreliable on sunday/monday market opens. other wise, targets still are 203.96 and 203.50.

if, and i say if we go higher, i don't see anything above 206.54.

good night guys
was nice trading today!!

congrats to all passengers!
  • #87,350
  • Jun 2, 2008 4:17pm Jun 2, 2008 4:17pm
Quoting lilmoe
yea, but no cross confirmo...momentum is bearish though.
Thanks Lil. I was thinking about waiting for 207, but if there are so many Sellers waiting for a retracement, whats to stop the big boys from loading Shorts now that everyone is thinking of going long/waiting to reload? Just me being contrarian again...Maybe tonight will be another of those lovely spikes...this time to trigger the Short SL's and the activate the Longs before going South fast. Perfect low volume between now and Asian session for them to try. Anyway, SL way above DP for me whilst these stochs unwind.
  • #87,351
  • Jun 2, 2008 4:17pm Jun 2, 2008 4:17pm
213 was not a call. all i said was that daily chart showed more room up, this was my opinion because this is how my system works. i was expecting a fall, and i caught it, i also jumped into this retracement... and i'll ride everything as long as it trends. heck, i'd ride you if you trend.
and btw, as long as i don't see a daily close below my trendline, i don't believe in 186 yet. i will after i see my confirmation, not sooner and not later. because... this is how my system works.

Quoting JosV
good call Scrat...
Nihil Sine Deo.
  • #87,352
  • Jun 2, 2008 4:20pm Jun 2, 2008 4:20pm
currently chasing 365ema in h4, 206 should be min target, from there a bounce looks possible, however i dont think it can convert that spike into a longer term trend - not without some taking time and further retrace. 207 is my target for that too once it broke 206 and finds buyers.
  • #87,353
  • Jun 2, 2008 4:21pm Jun 2, 2008 4:21pm
I can see everyone calling out 180!! or 215!!! all year, and we never leave 202-209. Lol.
  • #87,354
  • Jun 2, 2008 4:22pm Jun 2, 2008 4:22pm
Quoting Scrat
and btw, as long as i don't see a daily close below my trendline, i don't believe in 186 yet. i will after i see my confirmation, not sooner and not later. because... this is how my system works.
damn, 187 has time till late, say october this year, no need for a hurry.
  • #87,355
  • Jun 2, 2008 4:23pm Jun 2, 2008 4:23pm
Quoting Scrat
213 was not a call. all i said was that daily chart showed more room up, this was my opinion because this is how my system works. i was expecting a fall, and i caught it, i also jumped into this retracement... and i'll ride everything as long as it trends. heck, i'd ride you if you trend.
and btw, as long as i don't see a daily close below my trendline, i don't believe in 186 yet. i will after i see my confirmation, not sooner and not later. because... this is how my system works.

Blogging daily now at www.volume.zone
  • #87,356
  • Jun 2, 2008 4:23pm Jun 2, 2008 4:23pm
Quoting lilmoe
4h candle need to close abouve 205.47 if anything above that is to be seen...
i believe IBFX's 4h candles are pretty unreliable on sunday/monday market opens. other wise, targets still are 203.96 and 203.50.

if, and i say if we go higher, i don't see anything above 206.54.

good night guys
was nice trading today!!

congrats to all passengers!
206.20 will be tough and I may start adding shorts there, however, my charts tell me that 207.00/20 is a real possibility short term. Let's see how it plays
Patience + Discipline - Greed = Success
  • #87,357
  • Jun 2, 2008 4:24pm Jun 2, 2008 4:24pm
Quoting Srikanth
A clear break of 205 to the downside leads to easy 198 or else say hii again to 213

that was nice ride since last week
so what you are saying is ...

it is either go down or up ...
Blogging daily now at www.volume.zone
  • #87,358
  • Jun 2, 2008 4:26pm Jun 2, 2008 4:26pm
Quoting Scrat
213 was not a call. all i said was that daily chart showed more room up, this was my opinion because this is how my system works. i was expecting a fall, and i caught it, i also jumped into this retracement... and i'll ride everything as long as it trends. heck, i'd ride you if you trend.
and btw, as long as i don't see a daily close below my trendline, i don't believe in 186 yet. i will after i see my confirmation, not sooner and not later. because... this is how my system works.
good one!!!
Patience + Discipline - Greed = Success
  • #87,359
  • Jun 2, 2008 4:29pm Jun 2, 2008 4:29pm
I dont know, but sometimes I see /JPY crosses act similar fashion, (not always) but here's look at EJ. What do u think?

Weekly - Bearish look
Attached Image


Monthly - Bullish look
Attached Image
  • #87,360
  • Jun 2, 2008 4:34pm Jun 2, 2008 4:34pm
Quoting Scrat
213 was not a call. all i said was that daily chart showed more room up, this was my opinion because this is how my system works. i was expecting a fall, and i caught it, i also jumped into this retracement... and i'll ride everything as long as it trends. heck, i'd ride you if you trend.
and btw, as long as i don't see a daily close below my trendline, i don't believe in 186 yet. i will after i see my confirmation, not sooner and not later. because... this is how my system works.

may i see that TL plz? sorry i didn't catch it.
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