Anticipating further ranging this week!
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #92,662
- Jun 12, 2008 1:33am Jun 12, 2008 1:33am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
Anticipating further ranging this week!
looks like this.
my tl for bull/bear market has been taken out valid, after a long lasting fight on the 30, so it says bear. also my regular tl has been taken out. gann just supported a short on the 30, indicators say the same but i have to see this disgusting volume increase of the fakery gang in the higher price regions. now targeting .90 again with major pushes. the beast has moved +0.03% open-current this day. lol...
if i look at the O/C values of the last two days i am starting to cry
- #92,663
- Jun 12, 2008 1:38am Jun 12, 2008 1:38am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
Just see a wedge breakout to the downside.
But i am very skeptical about shorts on GJ this week. so take this break with a pinch of salt and trade at ur own risk.
But i see stock markets selling off everywhere on the planet and still the carries are barely budging. i see this very weird and that people not taking to yen unwinding yet.
Maybe the retail sales and unemployment numbers today will add fuel to the fire.
EDIT : ALSO see that it is a break of the inside bar on the hourly. just adds a litle bit more credit to the set up. buit still not brave yet to place the short.
But i am very skeptical about shorts on GJ this week. so take this break with a pinch of salt and trade at ur own risk.
But i see stock markets selling off everywhere on the planet and still the carries are barely budging. i see this very weird and that people not taking to yen unwinding yet.
Maybe the retail sales and unemployment numbers today will add fuel to the fire.
EDIT : ALSO see that it is a break of the inside bar on the hourly. just adds a litle bit more credit to the set up. buit still not brave yet to place the short.
- #92,665
- Jun 12, 2008 1:50am Jun 12, 2008 1:50am
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
...BUT not taking the trade yet. will wait for a close below 50ema on h1
FUBAR...
- #92,666
- Jun 12, 2008 1:51am Jun 12, 2008 1:51am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
cci on m30 is showing a breakout downwards. i also have a an m30 gann close. BUT not taking the trade yet. will wait for a close below 50ema on h1
short since .90. the close below my bull/bear market line on higher volume. tsi, rsx, stoch, macd supporting this.
counter-pushing in the higher areas has slowed down.
right now 15 has taken out yesterdays open, on higher volume. so it seems trustworthy, even tough it is just the 15m.
209.60 will be hard to take out and is 23.6 fib area. at least i would anticipate to move till there, if this wasn't a fake again. but my gut say it was
also we have not yet tested the breakdown on the 15, 30.
- #92,667
- Jun 12, 2008 1:58am Jun 12, 2008 1:58am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
short since .90. the close below my bull/bear market line on higher volume. tsi, rsx, stoch, macd supporting this.
counter-pushing in the higher areas has slowed down.
right now 15 has taken out yesterdays open, on higher volume. so it seems trustworthy, even tough it is just the 15m.
209.60 will be hard to take out and is 23.6 fib area. at least i would anticipate to move till there, if this wasn't a fake again. but my gut say it was
also we have not yet tested the breakdown on the 15, 30.
yea, my trade signal was just around that area. but.......
- #92,668
- Jun 12, 2008 2:04am Jun 12, 2008 2:04am
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
taking my pips to bed before I lose them. careful trades all. 
FUBAR...
- #92,669
- Jun 12, 2008 2:04am Jun 12, 2008 2:04am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
- #92,670
- Jun 12, 2008 2:11am Jun 12, 2008 2:11am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
currently bouncing off of lilmoe's TL at .60
please remove it.
i tried that before.... didn't work
- #92,672
- Jun 12, 2008 2:21am Jun 12, 2008 2:21am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
Where is your USS Crapper!!!!
- #92,673
- Jun 12, 2008 2:22am Jun 12, 2008 2:22am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
Where is your USS Crapper!!!!
the crapper only appears if he is pretty sure to crap all the way down
- #92,674
- Jun 12, 2008 2:32am Jun 12, 2008 2:32am
The price is being trapped right now above the 4h Gann 209.60 and below 1H gann 210.10. Pretty tight range right now. A break to either side will signal for a next direction of the trend. Trade at your own risk. I have SHORTs on, hope will not catch a cold in couple of hours.....
- #92,675
- Jun 12, 2008 2:39am Jun 12, 2008 2:39am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #92,676
- Jun 12, 2008 2:50am Jun 12, 2008 2:50am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
daily chart. yesterday's bar was an IB. we bounced from upper TL. FE 100 didn't give in. CCI signaling possible bearich divergence. i do favor shorts. BUT......
if this m30 bar closes below 209.55 then i consider to short.
if this m30 bar closes below 209.55 then i consider to short.
- #92,677
- Jun 12, 2008 3:05am Jun 12, 2008 3:05am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
- #92,679
- Jun 12, 2008 3:12am Jun 12, 2008 3:12am
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
banked 100 pips on my cable short....
GJ's just pathetic...
as for gbpjpy being pathetic, the longer it consolidates the bigger the breakout....we could be in for a nice ride.
I wonder if i should take the day off work today and make some real money
"Keep your eyes on the helpers" - Mr. Rogers
