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

  • #101,421
  • Jul 16, 2008 2:57pm Jul 16, 2008 2:57pm
Which broker can you trade oil in euros with????!!!
Money & Pain Respect the market, protect your capital, be patient
  • #101,422
  • Jul 16, 2008 2:57pm Jul 16, 2008 2:57pm
Quoting malcolmb14
i smell one MASSIVE bull trap

take a look at eurjpy .... did not move

pop quiz ... what is the strongest currency out there ?

the mexican peso?
  • #101,423
  • Jul 16, 2008 2:58pm Jul 16, 2008 2:58pm
Quoting lilmoe
u want to see something more crazy??

check out this oil's daily chart... and u thought 133 was all they can do?


Attachment

we are only testing the trend line .....
Blogging daily now at www.volume.zone
  • #101,424
  • Jul 16, 2008 2:59pm Jul 16, 2008 2:59pm
Quoting lilmoe
the mexican peso?
funny guy
Blogging daily now at www.volume.zone
  • #101,425
  • Jul 16, 2008 2:59pm Jul 16, 2008 2:59pm
UP UP UP!!!!!!!!! ME NO SPEAK-A ANY ENGLISH ....Gracias
  • #101,426
  • Jul 16, 2008 2:59pm Jul 16, 2008 2:59pm
Just as expected, I love the bulls
Trade what you see, not what you think.
  • #101,427
  • Jul 16, 2008 3:00pm Jul 16, 2008 3:00pm
Quoting malcolmb14
i smell one MASSIVE bull trap

take a look at eurjpy .... did not move

pop quiz ... what is the strongest currency out there ?
ej was sleeping the whole day, no it starts retracing. cracy.
  • #101,428
  • Jul 16, 2008 3:00pm Jul 16, 2008 3:00pm
Quoting malcolmb14
i smell one MASSIVE bull trap

take a look at eurjpy .... did not move

pop quiz ... what is the strongest currency out there ?

i have no idea malcomb please enlighten us to your thoughts my friend
  • #101,429
  • Jul 16, 2008 3:03pm Jul 16, 2008 3:03pm
we have hanging man candle 1 hour chart GBP/CHF hope it will play out
  • #101,430
  • Jul 16, 2008 3:04pm Jul 16, 2008 3:04pm
Shit, does anyone know why E/J is doing this?
  • #101,431
  • Jul 16, 2008 3:04pm Jul 16, 2008 3:04pm
Quoting karmostaji
Just as expected, I love the bulls
im still learning. have not expected that.
  • #101,432
  • Jul 16, 2008 3:05pm Jul 16, 2008 3:05pm
I saw a regular bullish divergence on both hourly and 30 minutes charts. Perhaps you guys have found it much earlier than me.
  • #101,433
  • Jul 16, 2008 3:07pm Jul 16, 2008 3:07pm
Quoting belekas
Im not Mike but i can tell ya that the last bar you have highlighted is a BUOB (bullish outside bar). I personally wouldnt take it because its in traffic. They play out best at swing highs swing lows.

Just my 2 cents...
Summed it up perfectly Belekas!

On another note, Dagoods, how've you been man?! I haven't seen you around here for a while.
I dream, therefore I become.
  • #101,434
  • Jul 16, 2008 3:13pm Jul 16, 2008 3:13pm
Can't believe Geppy did this to me.
  • #101,435
  • Jul 16, 2008 3:14pm Jul 16, 2008 3:14pm
Malcolmb
i agree with u for short GBPCHF now
  • #101,436
  • Jul 16, 2008 3:16pm Jul 16, 2008 3:16pm
Quoting forexmoments
Shit, does anyone know why E/J is doing this?
Do you mean dropping?

If ya do, in 5 months time, we've moved up 1,500 pips with no red bars at all. That's screaming bullish, but just like anything, it needs force in order to move further. I'm willing to bet that people are unloading positions (Larger money, not the fish) at the tops that have been seen twice now. We just need more steam to push through it.

On a shorter term side of things, check out the weekly charts. Three weeks ago, we saw a bearish pin bar at the resistance area that I was just saying about. After that, we got another retest of the highs, but couldn't breach through- That is screaming at me that we need more "Oopmf" if you will by the general market in order to break it. Because we need that oopmf, we need to drop down in order to pick it up. We'll just need to see how things play out now.

IMO, we may just end up seeing a range for a little while now. However, before this month is up I think we could also very well see as low as 164 before buyers become interested and shorts get outweighed.

What do you think?
I dream, therefore I become.
  • #101,437
  • Jul 16, 2008 3:18pm Jul 16, 2008 3:18pm
Quoting peaches
ej was sleeping the whole day, no it starts retracing. cracy.
Either that or buyers are becoming interested again.
I dream, therefore I become.
  • #101,438
  • Jul 16, 2008 3:18pm Jul 16, 2008 3:18pm
Quoting hussin naiji
Malcolmb
i agree with u for short GBPCHF now

i agree too
  • #101,439
  • Jul 16, 2008 3:19pm Jul 16, 2008 3:19pm
in short at 210.20..50%fib...200sma 15mins...50sma 1hour..support turned resisitance!..lets see
Fear's for the other guy
  • #101,440
  • Jul 16, 2008 3:19pm Jul 16, 2008 3:19pm
Quoting hussin naiji
Malcolmb
i agree with u for short GBPCHF now
also look in weekly candle chart AUDNZD
we see a hanging man (weekly) and after this hanging man a bearish engulfing pattern for confirmation also break daily trendline
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