Auslanco - GBP/JPY and GBP/USD (newstrade)
- #92,404
- Jun 11, 2008 2:02pm Jun 11, 2008 2:02pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
The Good News Travel Fast
The Bed One Even Faster!!
p.s. Anyone still UP TO 3X ???
- #92,405
- Jun 11, 2008 2:04pm Jun 11, 2008 2:04pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #92,406
- Jun 11, 2008 2:07pm Jun 11, 2008 2:07pm
- Joined Feb 2008 | Status: Trader | 5,732 Posts
I will pay the beeeatch, breaks my friggin heart burt gotta do it
Patience + Discipline - Greed = Success
- #92,407
- Jun 11, 2008 2:17pm Jun 11, 2008 2:17pm
- Joined Jan 2007 | Status: Trader | 3,719 Posts
sorry... i am at work, i can't post all the time.
i made a mistake yesterday and took a short, because i thought the upmove ended. but take a look at these 2 charts: one is daily, which shows a regular bearish divergence on all oscillators (stochastic, macd and cci) - i marked it with dotted lines. from my point of view, daily chart matured as soon as we passed above 209.31... and now i turned my eyes to the next smaller timeframe.
so let's look at h4 now: no bearish divergence (!!!). nada. this tells me that h4 is not ready to drop, so i guess there's more to the upside until we see a regular bearish divergence on h4 (i know i posted a chart earlier, but please disregard that, it was a mistake).
so at this point, we're waiting for h4 to come in line and get ready for the fall.
two other things to keep in mind:
1. if we start falling, then i would open short as soon as i see a daily close below Gann HiLo.
2. if we keep going up, the bearish divergence on daily might disappear, and in this case it's gonna keep going up... i don't know how much, but a lot.
now in terms of targets, i have my eyes fixed on 2 areas: 211.50 and upper 213/lower 214 (this means anywhere between 213.70 and 214.30). if we are to see a reversal, it might happen from there.
and that's it, i guess.
i made a mistake yesterday and took a short, because i thought the upmove ended. but take a look at these 2 charts: one is daily, which shows a regular bearish divergence on all oscillators (stochastic, macd and cci) - i marked it with dotted lines. from my point of view, daily chart matured as soon as we passed above 209.31... and now i turned my eyes to the next smaller timeframe.
so let's look at h4 now: no bearish divergence (!!!). nada. this tells me that h4 is not ready to drop, so i guess there's more to the upside until we see a regular bearish divergence on h4 (i know i posted a chart earlier, but please disregard that, it was a mistake).
so at this point, we're waiting for h4 to come in line and get ready for the fall.
two other things to keep in mind:
1. if we start falling, then i would open short as soon as i see a daily close below Gann HiLo.
2. if we keep going up, the bearish divergence on daily might disappear, and in this case it's gonna keep going up... i don't know how much, but a lot.
now in terms of targets, i have my eyes fixed on 2 areas: 211.50 and upper 213/lower 214 (this means anywhere between 213.70 and 214.30). if we are to see a reversal, it might happen from there.
and that's it, i guess.
btw you little traitor, you should've told me about that stupid bull flag
Nihil Sine Deo.
- #92,408
- Jun 11, 2008 2:21pm Jun 11, 2008 2:21pm
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Patience + Discipline - Greed = Success
- #92,409
- Jun 11, 2008 2:23pm Jun 11, 2008 2:23pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
Big boys (including me) are patiently waiting long orders to be flushed out. Then, these big boys (including me) would turn on their seller machine and sell like mad. The big boys (including me) would collect a big bag of green pips to the banks. Then the big boys (including me again) would celebrate.
Big boys (including me) are patiently waiting long orders to be flushed out. Then, these big boys (including me) would turn on their seller machine and sell like mad. The big boys (including me) would collect a big bag of green pips to the banks. Then the big boys (including me again) would celebrate.
The truth is a fiction in which we beLIEve . . .
- #92,413
- Jun 11, 2008 2:25pm Jun 11, 2008 2:25pm
- Joined Jan 2007 | Status: Trader | 3,719 Posts
Nihil Sine Deo.
- #92,414
- Jun 11, 2008 2:25pm Jun 11, 2008 2:25pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
Big boys (including me) are patiently waiting long orders to be flushed out. Then, these big boys (including me) would turn on their seller machine and sell like mad. The big boys (including me) would collect a big bag of green pips to the banks. Then the big boys (including me again) would celebrate.
Anyway .. am off for other activities ..
- #92,416
- Jun 11, 2008 2:27pm Jun 11, 2008 2:27pm
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Big boys (including me) are patiently waiting long orders to be flushed out. Then, these big boys (including me) would turn on their seller machine and sell like mad. The big boys (including me) would collect a big bag of green pips to the banks. Then the big boys (including me again) would celebrate.
Patience + Discipline - Greed = Success
- #92,417
- Jun 11, 2008 2:29pm Jun 11, 2008 2:29pm
- Joined Aug 2007 | Status: Trader | 2,616 Posts
WOW DOW down 180 and UJ and GJ holding ground what a boat load of crap is this guys. 
- #92,419
- Jun 11, 2008 2:32pm Jun 11, 2008 2:32pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
I want to be a big boy one day too.....
