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

  • #101,701
  • Jul 17, 2008 11:07am Jul 17, 2008 11:07am
this could reverse anytime now, or it could wait till 212.63 (78.6 fib)

after it reverses (if we have the luxury) i will buy this sucker to 216+

lots of pips to be made still, don't rush guys!
  • #101,702
  • Jul 17, 2008 11:09am Jul 17, 2008 11:09am
212 is a R level

If todays candle closes above the Daily gann hilo and Daily QQE crosses upwards, then the plan is...

BUY DIPS!
Trade what you see, not what you think.
  • #101,703
  • Jul 17, 2008 11:17am Jul 17, 2008 11:17am
what is this value ? could you share?

thnks


Quoting karmostaji
212 is a R level

If todays candle closes above the Daily gann hilo and Daily QQE crosses upwards, then the plan is...

BUY DIPS!
  • #101,704
  • Jul 17, 2008 11:20am Jul 17, 2008 11:20am
Quoting robrub
what is this value ? could you share?

thnks
Mine is at 211.88 (daily gann)
  • #101,705
  • Jul 17, 2008 11:25am Jul 17, 2008 11:25am
Quoting pip_designer
Mine is at 211.88 (daily gann)
Same here. Has "tried" to flip down twice.

This area is critical as Lilmoe said.

Could reverse from here or 212.60 area.

Tomorrow is supposed to be a reversal day so who knows...
  • #101,706
  • Jul 17, 2008 11:27am Jul 17, 2008 11:27am
Quoting karmostaji
212 is a R level

If todays candle closes above the Daily gann hilo and Daily QQE crosses upwards, then the plan is...

BUY DIPS!

what a big home run for the bulls, 100 % retracement.

A tribute to the bulls

And very good entry point for shorts, if charts would tell me.
But they donīt at the moment.
  • #101,707
  • Jul 17, 2008 11:39am Jul 17, 2008 11:39am
what a strange thing for GJ, does nothing for 8-9 days, then in 3 days moves 400 pips down, and 400 pips up. Can we get more please?
  • #101,708
  • Jul 17, 2008 11:57am Jul 17, 2008 11:57am
Quoting Clouds
what a strange thing for GJ, does nothing for 8-9 days, then in 3 days moves 400 pips down, and 400 pips up. Can we get more please?
youīll get more

On my weekly chart this was ranging during the last 4 weeks.
This was not normal.

Beast is back to life.
  • #101,709
  • Jul 17, 2008 12:03pm Jul 17, 2008 12:03pm
Quoting peaches
youīll get more

On my weekly chart this was ranging during the last 4 weeks.
This was not normal.

Beast is back to life.
We are at a good location to see 211 or 213
  • #101,710
  • Jul 17, 2008 12:06pm Jul 17, 2008 12:06pm
Gold up over $13.00 ???
Something smells funny about this BIG move up.

Oh well I am sitting on the sidelines for now.....

  • #101,711
  • Edited 12:37pm Jul 17, 2008 12:10pm | Edited 12:37pm
i said at the start of the month - this month will all be about range trading...i should have listened to my own advice and stayed out until start of aug...
so dats what i am doing...... baby...staying out till aug...213.30 will be the top until aug with 208.50 the bottom..

hope u guyz had fun coz i waz way on the sidelines...
  • #101,712
  • Jul 17, 2008 12:12pm Jul 17, 2008 12:12pm
Quoting Rustyyy
Gold up over $13.00 ???
Something smells funny about this BIG move up.

Oh well I am sitting on the sidelines for now.....

Don't try and understand it.
  • #101,713
  • Jul 17, 2008 12:14pm Jul 17, 2008 12:14pm
Quoting Big Bruv
i said at the start of the month - this month will all be about range trading...i should have listened to my own advice and stayed out until start of aug...
so dats what i am doing...... baby...staying out till aug...212.30 will be the top until aug with 209.50 the bottom..

hope u guyz had fun coz i waz way on the sidelines...
I only range trade. I'll sit out in August.
  • #101,714
  • Jul 17, 2008 12:18pm Jul 17, 2008 12:18pm
Quoting Clouds
We are at a good location to see 211 or 213
213 it is
  • #101,715
  • Jul 17, 2008 12:20pm Jul 17, 2008 12:20pm
Quoting Big Bruv
i said at the start of the month - this month will all be about range trading...i should have listened to my own advice and stayed out until start of aug...
so dats what i am doing...... baby...staying out till aug...212.30 will be the top until aug with 209.50 the bottom..

hope u guyz had fun coz i waz way on the sidelines...
212.30 top? i don't think so

u're going to miss out!
  • #101,716
  • Jul 17, 2008 12:20pm Jul 17, 2008 12:20pm
Quoting Clouds
I only range trade. I'll sit out in August.

I do not do intra day but got so bored i decided to dabble..well so far i have netted a big fat 40 pips so far on my intraday trades....absolutely abysmal...baby
  • #101,717
  • Jul 17, 2008 12:22pm Jul 17, 2008 12:22pm
Quoting lilmoe
212.30 top? i don't think so

u're going to miss out!
Sorry that should have read 213.30..NOT 212.30...
  • #101,718
  • Jul 17, 2008 12:24pm Jul 17, 2008 12:24pm
by the way, 212.50 is the target for broken h&s formation

the lenght from low to neckline is 230 pips

230 pips from the point of broken neckline is approx. 212.50

its previous week high plus weekly R1

but she will do what she wants to do ;-)
  • #101,719
  • Jul 17, 2008 12:25pm Jul 17, 2008 12:25pm
Quoting Rustyyy
Gold up over $13.00 ???
Something smells funny about this BIG move up.

Oh well I am sitting on the sidelines for now.....

the big move up didn't even start yet
  • #101,720
  • Jul 17, 2008 12:25pm Jul 17, 2008 12:25pm
Next time, when the Yen pairs go down 400 pips, (EJ and GJ), and someone calls out numbers 1,000 pips below, I'm going to slap. Ok, now let's get those /USD pairs down where we can afford them.
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