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

  • #87,501
  • Jun 2, 2008 8:35pm Jun 2, 2008 8:35pm
Quoting Scotty B
We all have to remember that the 4 hour and up TF's, are all pointing up. Way up. This down move will only be an inside retracment. The channel you highlighted could catch this pair and be it's new stair case up. We will see. This beast almost reached her 4 hour target before this last fall. That target is @ 209.83. She has fallen back down to rest perfectly upon the line of true resistance.
Agree H4 pointing up, and tomorrow will be double triple swap rate. Big boys favorite.
  • #87,502
  • Jun 2, 2008 8:41pm Jun 2, 2008 8:41pm
hi everybody

Is it going to test 204.80 agian or it's going up ??

thanx
  • #87,503
  • Jun 2, 2008 8:45pm Jun 2, 2008 8:45pm
A confused trend trader..
Attached Image
  • #87,504
  • Jun 2, 2008 8:45pm Jun 2, 2008 8:45pm
Interesting to see the bulls loading up on support here

The BEAR flag that is forming on the 60 minute Is very shallow = not much buying pressure.

IMHO we drop another into 203.42 overnight.

60 min rapid rsi is just 'reloading'

Tomorrows triple interest is a million miles away still .... alot can happen in 18 hours

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Blogging daily now at www.volume.zone
  • #87,505
  • Jun 2, 2008 8:47pm Jun 2, 2008 8:47pm
Quoting malcolmb14
Tomorrows triple interest is a million miles away still .... alot can happen in 18 hours

Attachment
Today is Monday, Triple interest is on Wednesday, so more than 36 hours. Right?
  • #87,506
  • Jun 2, 2008 8:52pm Jun 2, 2008 8:52pm
Quoting Clouds
Today is Monday, Triple interest is on Wednesday, so more than 36 hours. Right?
the time now is 7:00 am Tuesday so you are late
  • #87,507
  • Jun 2, 2008 8:54pm Jun 2, 2008 8:54pm
Quoting ahmadj77
the time now is 7:00 am Tuesday so you are late
Not by my watch.
  • #87,508
  • Jun 2, 2008 8:57pm Jun 2, 2008 8:57pm
Quoting Clouds
Not by my watch.
there is more than 7000 miles betwen you and me ... I'm with Lilmoe at the same time center...
  • #87,509
  • Jun 2, 2008 8:59pm Jun 2, 2008 8:59pm
Triple interest is paid on Wednesday unless something changed.

I posted a daily chart.

QQE Crossed.
Closed below Daily Gann.
ZL MACD crossed.

As far as I can see we are still in the process of this big old BEAR flag unwinding.

Don't see much of a retracement.

Bounce off of Daily 50EMA was, well, not much of a bounce, looks like more of a feeble attempt to gather up some more sellers.

Good trading all !
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  • #87,510
  • Jun 2, 2008 9:05pm Jun 2, 2008 9:05pm
Quoting Scotty B
We all have to remember that the 4 hour and up TF's, are all pointing up. Way up. This down move will only be an inside retracment. The channel you highlighted could catch this pair and be it's new stair case up. We will see. This beast almost reached her 4 hour target before this last fall. That target is @ 209.83. She has fallen back down to rest perfectly upon the line of true resistance.
hey scotty...i am curious to know more about your fib cycles....is there any place i can go to do some reading or gather info?
"Keep your eyes on the helpers" - Mr. Rogers
  • #87,511
  • Jun 2, 2008 9:06pm Jun 2, 2008 9:06pm
Quoting damonl
hey scotty...i am curious to know more about your fib cycles....is there any place i can go to do some reading or gather info?
hey damon, thats the exact same thing that i asked him about 30 mins back through PM. waiting for his reply...:-))...
  • #87,512
  • Jun 2, 2008 9:10pm Jun 2, 2008 9:10pm
Nikkei is really starting to give way now.

Now down -271
  • #87,513
  • Jun 2, 2008 9:15pm Jun 2, 2008 9:15pm
I do not know what I am talking about

Ignore me

LOL
Blogging daily now at www.volume.zone
  • #87,514
  • Jun 2, 2008 9:17pm Jun 2, 2008 9:17pm
Quoting ahmadj77
there is more than 7000 miles betwen you and me ... I'm with Lilmoe at the same time center...
Bears in full force tongith? ?)
  • #87,515
  • Jun 2, 2008 9:20pm Jun 2, 2008 9:20pm
and i see the light
Attached Image
  • #87,516
  • Jun 2, 2008 9:32pm Jun 2, 2008 9:32pm
Quoting malcolmb14
I do not know what I am talking about

Ignore me

LOL
No, you will not be ignored

You were right last week, trip interest in this market does not matter.

No matter what day it is.

Nikkei flirting with 14150 support.
Next is 14000.
  • #87,517
  • Jun 2, 2008 9:37pm Jun 2, 2008 9:37pm
Now its very important..Either is retraces here or it brakes 204.66 and dives...Praying for the holly bear!!!
  • #87,518
  • Jun 2, 2008 9:38pm Jun 2, 2008 9:38pm
Quoting Küster
Now its very important..Either is retraces here or it brakes 204.66 and dives...Praying for the holly bear!!!

  • #87,519
  • Jun 2, 2008 9:40pm Jun 2, 2008 9:40pm
Quoting Küster
Now its very important..Either is retraces here or it brakes 204.66 and dives...Praying for the holly bear!!!
God pleaaaaase
  • #87,520
  • Jun 2, 2008 9:46pm Jun 2, 2008 9:46pm
i have been saying this since last saturday... there is more room up on the daily chart. and i would even go with a higher target, in the 211s or maybe 213s.
i am not convinced that this drop is the beginning of a huge fall. not just yet. as i said... my trendline on daily held the price and as long as i don't see that line broken, i am not rushing in with the shorts.
and i thought i was the only one with this view.
oh well, we'll see pretty soon. this is NFP week, when anything is possible.

Quoting Scotty B
We all have to remember that the 4 hour and up TF's, are all pointing up. Way up. This down move will only be an inside retracment. The channel you highlighted could catch this pair and be it's new stair case up. We will see. This beast almost reached her 4 hour target before this last fall. That target is @ 209.83. She has fallen back down to rest perfectly upon the line of true resistance.
Nihil Sine Deo.
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