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

  • #88,881
  • Jun 4, 2008 5:48pm Jun 4, 2008 5:48pm
Forgot Pic..
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 28 KB
Que
  • #88,882
  • Jun 4, 2008 5:48pm Jun 4, 2008 5:48pm
Quoting mktjong
I apologized if I can hardly understand your language. Could u please explain it a bit more plainly? Thanks OrionsWay

Yea i understand, im a bit garbled LOL

your slow stochastics u see how it came down and made a lo and bounced, now up a bit again and u are noticing the vullish diverg. i am saying that it will come back down again and make another loop at the bottom. Thats when u would think about the buy on QM. after it bounces off the lo wait for it to retrace that bounce off the bottom and buy the test on low volume. Sorry about that.


frevd this is a cash forum yen will alwasy be U/J and cad U/C etc sorry for mis-representing
"Millionaires don't use astrology, billionaires do"
  • #88,883
  • Jun 4, 2008 5:50pm Jun 4, 2008 5:50pm
Quoting "expert"
Please if oil goes down how currencies react.I am not kiding this is seriously question.
OIl goes down kills the CAD as oil is #1 export.

OIl goes down good for JPY as JPY imports all oil

Oil goes down bad for USD as it is traded in USD

OIl goes up bad for markets ( drop in oil inventories and hence oil futures today) is what the markets go up by 140 ppoints at opn till the bears pushed it down off 12500 level ( I was one of them selling the YM ... dj emini futures off 12500)
Blogging daily now at www.volume.zone
  • #88,884
  • Jun 4, 2008 5:50pm Jun 4, 2008 5:50pm
Quoting malcolmb14
Neither talk EURCAD ......moves like gj .... just a lot nicer. In a long with 200 pips right now.
i'm not familiar with that constellation, especially cad, used to burn me over and over again, that damn cad. however, look at ucad, stalled and looks so instable. doesnt move now, will risk a short, lets see..

off for now
  • #88,885
  • Jun 4, 2008 5:54pm Jun 4, 2008 5:54pm
Quoting OrionsWay
Yea i understand, im a bit garbled LOL

your slow stochastics u see how it came down and made a lo and bounced, now up a bit again and u are noticing the vullish diverg. i am saying that it will come back down again and make another loop at the bottom. Thats when u would think about the buy on QM. after it bounces off the lo wait for it to retrace that bounce off the bottom and buy the test on low volume. Sorry about that.


frevd this is a cash forum yen will alwasy be U/J and cad U/C etc sorry for mis-representing
Thanks man .. cool
  • #88,886
  • Jun 4, 2008 5:54pm Jun 4, 2008 5:54pm
Malcolm, nice unleaded futures , we start seeing relief at the pumps soon, nice 20 cent drop is a start
"Millionaires don't use astrology, billionaires do"
  • #88,887
  • Jun 4, 2008 5:57pm Jun 4, 2008 5:57pm
Quoting malcolmb14
OIl goes down kills the CAD as oil is #1 export.

OIl goes down good for JPY as JPY imports all oil

Oil goes down bad for USD as it is traded in USD

OIl goes up bad for markets ( drop in oil inventories and hence oil futures today) is what the markets go up by 140 ppoints at opn till the bears pushed it down off 12500 level ( I was one of them selling the YM ... dj emini futures off 12500)
Thanks man a lot
  • #88,888
  • Jun 4, 2008 5:59pm Jun 4, 2008 5:59pm
darn eu pivots useless today. total range s3 to r3 is 192 pips. yesterdays 2 hr morning pa was 190 pips. go figger.
FUBAR...
  • #88,889
  • Jun 4, 2008 5:59pm Jun 4, 2008 5:59pm
Quoting OrionsWay
frevd this is a cash forum yen will alwasy be U/J and cad U/C etc sorry for mis-representing

uh ah, hmm, whenever i was talking about a currency explicitly i really meant the currency (its index) rather than the corresponding usd cross. good u say, will be more specific in future too.
  • #88,890
  • Jun 4, 2008 6:02pm Jun 4, 2008 6:02pm
Quoting frevd
uh ah, hmm, whenever i was talking about a currency explicitly i really meant the currency (its index) rather than the corresponding usd cross. good u say, will be more specific in future too.
Well, its not really about derrivatives here.
"Millionaires don't use astrology, billionaires do"
  • #88,891
  • Jun 4, 2008 6:05pm Jun 4, 2008 6:05pm
Hey Que, you liking eu tonite?
FUBAR...
  • #88,892
  • Jun 4, 2008 6:06pm Jun 4, 2008 6:06pm
Quoting Que
Sell:

Price: 205.75
Stop: 206.25
Profit: 204.75

2% Risk
4% Potential Gain

1 : 2 ---- Risk : Reward

Que, where the heck u been...??
  • #88,893
  • Jun 4, 2008 6:08pm Jun 4, 2008 6:08pm
Quoting "expert"
lilmoe dont wory.Let them be.You just expres your thinking.If somebody dont like it so what.If he dont understand so what.You can explane or not.Keep with work.Personaly i learn a lot by you and i thank you for that.Lol

thanks for covering my back bro

it's ok scrat is just teaching me new stuff
  • #88,894
  • Jun 4, 2008 6:13pm Jun 4, 2008 6:13pm
Quoting Que
Sell:

Price: 205.75
Stop: 206.25
Profit: 204.75

2% Risk
4% Potential Gain

1 : 2 ---- Risk : Reward

by the way, once 205.50 is cleared, then u're target is a piece of cake

check out the post where i replied to scrat with though. i'm showing some good support above 204.75 (lower blue TL, 204.78 at this current 4h candle, or 204.89 on the next one)

a breach below that would suggest 204 again. if breached to the upside... then i don't want to say, i wouldn't like it to go there. lol
  • #88,895
  • Jun 4, 2008 6:13pm Jun 4, 2008 6:13pm
Quoting Que
Sell:

Price: 205.75
Stop: 206.25
Profit: 204.75

2% Risk
4% Potential Gain

1 : 2 ---- Risk : Reward

My Hourly Gann is 205.52. Its probably worth shorting if under with a tight stop?
  • #88,896
  • Jun 4, 2008 6:28pm Jun 4, 2008 6:28pm
My current view of GBP/JPY
But, I could be wrong....................
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  • #88,897
  • Jun 4, 2008 6:52pm Jun 4, 2008 6:52pm
Quoting fxdoc
My current view of GBP/JPY
But, I could be wrong....................
Hi fxdoc,

Thanks for the chart. Uh, I should probably know this by now, but what do these labels mean? "534" "313" "123" "216" I understand your Elliott Wave labels 1 thru 5 and A,B,C, etc., but I'm lost as to what these are. I've heard people mention "123" setups, but I don't know what that is. Are these labels related to that? Where can I learn more?

Thanks in advance,
Pips4life
  • #88,898
  • Jun 4, 2008 7:00pm Jun 4, 2008 7:00pm
WOW, so many diffrent ways of prediction.

What are you guys expecting for Asia?
  • #88,899
  • Jun 4, 2008 7:05pm Jun 4, 2008 7:05pm
this is what i see...
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Veni, vidi, vici...
  • #88,900
  • Jun 4, 2008 7:11pm Jun 4, 2008 7:11pm
..and btw LET'S GO RED WING
Veni, vidi, vici...
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