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

  • #100,541
  • Jul 11, 2008 12:51pm Jul 11, 2008 12:51pm
Quoting lilmoe
???? are u sure?
11033 is awesome place for short.....

seems this is a pivot of sorts
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  • #100,542
  • Jul 11, 2008 12:54pm Jul 11, 2008 12:54pm
Quoting malcolmb14
11033 is awesome place for short.....

seems this is a pivot of sorts
seems like it, lets how it works!
  • #100,543
  • Jul 11, 2008 12:56pm Jul 11, 2008 12:56pm
Quoting mktjong
Macolmb even looking to 192..
That would really be an armageddon ..
Now that I can't see, lots of support down there. . . Something major would have to happen to see those levels any time soon. . .

I'd be happy with getting thru 209.60, 208.50's down to 207.40's which is major support levels.
  • #100,544
  • Jul 11, 2008 1:01pm Jul 11, 2008 1:01pm
Quoting quecee5
Now that I can't see, lots of support down there. . . Something major would have to happen to see those levels any time soon. . .

I'd be happy with getting thru 209.60, 208.50's down to 207.40's which is major support levels.

I would be over the moon with 208,5 even
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  • #100,545
  • Jul 11, 2008 1:13pm Jul 11, 2008 1:13pm
is it just my imagination or is GJ really going the same direction as DJ?
  • #100,546
  • Jul 11, 2008 1:14pm Jul 11, 2008 1:14pm
Quoting lilmoe
that's a rising wedge isn't it?
yeah, that's probably more accurate than whatever it was I said.

Here's the larger picture of that other chart. These convergence zone thingies are basically where I look to see things either poop or get off the pot. You got long term S/R lines all ganged up in a tight place.

Think of George Clooney up in the barn...
Attached Image
FUBAR...
  • #100,547
  • Jul 11, 2008 1:17pm Jul 11, 2008 1:17pm
Quoting malcolmb14
I would be over the moon with 208,5 even
I think 208.xx area is achievable by next week ..
  • #100,548
  • Jul 11, 2008 1:24pm Jul 11, 2008 1:24pm
Quoting lilmoe
seems like it, lets how it works!
there it is again

beautiful ... 20 points and now another 33
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  • #100,549
  • Jul 11, 2008 1:30pm Jul 11, 2008 1:30pm
Quoting malcolmb14
there it is again

beautiful ... 20 points and now another 33
well, i added another short at that 61.8 retracementent
  • #100,550
  • Jul 11, 2008 1:35pm Jul 11, 2008 1:35pm
Quoting lilmoe
well, i added another short at that 61.8 retracementent

  • #100,551
  • Jul 11, 2008 1:48pm Jul 11, 2008 1:48pm
Quoting lilmoe

2 min charts with pivots +/- 15 points for entry to confirm pivots are true

last trade 11019 entry ,took 25 points and calling it a day

Attached Image
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  • #100,552
  • Jul 11, 2008 1:49pm Jul 11, 2008 1:49pm
Quoting malcolmb14
I would be over the moon with 208,5 even
Same here bro but I think 209 area will probably cap the move down as it the next level of major support. . .

See weekly chart. . .
Attached Image (click to enlarge)
Click to Enlarge Name: weekly chart - gj.gif Size: 17 KB
  • #100,553
  • Jul 11, 2008 1:50pm Jul 11, 2008 1:50pm
Quoting malcolmb14
2 min charts with pivots +/- 15 points for entry to confirm pivots are true

last trade 11019 entry ,took 25 points and calling it a day

Attachment

look at this lol... INSANE

Attached Image
Blogging daily now at www.volume.zone
  • #100,554
  • Jul 11, 2008 1:50pm Jul 11, 2008 1:50pm
Quoting malcolmb14
2 min charts with pivots +/- 15 points for entry to confirm pivots are true

last trade 11019 entry ,took 25 points and calling it a day

Attachment
take a look at your chart again
  • #100,555
  • Jul 11, 2008 1:52pm Jul 11, 2008 1:52pm
Quoting lilmoe
take a look at your chart again
omg i took a long, and was trying to close it for 30 pip profit, but i COULDN'T CLOSE IT, instead it
closed for 75pips!!!!!

THIS SUCKER RALLIED 100 PIPS in 5 mins!!!!
  • #100,556
  • Jul 11, 2008 1:53pm Jul 11, 2008 1:53pm
I think if we close out the day GREEN on DOW a short term bottom is in place.
  • #100,557
  • Jul 11, 2008 1:55pm Jul 11, 2008 1:55pm
Quoting vinesh2
I think if we close out the day GREEN on DOW a short term bottom is in place.

lol .. we are still -1%

that would be some rally
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  • #100,558
  • Jul 11, 2008 1:56pm Jul 11, 2008 1:56pm
Quoting lilmoe
omg i took a long, and was trying to close it for 30 pip profit, but i COULDN'T CLOSE IT, instead it
closed for 75pips!!!!!

THIS SUCKER RALLIED 100 PIPS in 5 mins!!!!

move started 11:30 pst just as i said it might ... right on time
Blogging daily now at www.volume.zone
  • #100,559
  • Jul 11, 2008 1:57pm Jul 11, 2008 1:57pm
Have a great weekend all
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  • #100,560
  • Jul 11, 2008 1:58pm Jul 11, 2008 1:58pm
Quoting vinesh2
I think if we close out the day GREEN on DOW a short term bottom is in place.
It has to close above the daily pivot for me to be convinced. . .

I just shorted GJ at 211.75 on a rejection of the daily pivot - lets see what happens. My guess is it will sit at ar'd 211 to close the day out. .

I'll continue to short it if if it tries again. . . take a look at your 4hr chart, its pointing south and should continue to play out. Also, the daily is rolling over as well. . . JMHO. . .
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