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

  • #103,081
  • Jul 23, 2008 1:54am Jul 23, 2008 1:54am
Quoting MykeFX
ok here we go, how much higher do you think it will go??

Where is Karmo? and lilmoe? this is great

This think look like will blow up MORE during NY.
  • #103,082
  • Jul 23, 2008 1:54am Jul 23, 2008 1:54am
I have a short waiting at 214.90, the 38.2 fib of the fall from 251 down to 192, irregardless of triple interest Wednesday, BOE minutes, etc., we should see the start of and ABC correction down once this retracement is complete.
  • #103,083
  • Jul 23, 2008 1:55am Jul 23, 2008 1:55am
Next TP 216.90?...bqby
  • #103,084
  • Jul 23, 2008 1:57am Jul 23, 2008 1:57am
Quoting quecee5
Hope no one shorted this pair up there. . .
hello Q believe me there is some one , nice skyrocket..
i didnt expect.. jump to 107.75 today
  • #103,085
  • Jul 23, 2008 1:57am Jul 23, 2008 1:57am
Quoting quecee5
Hope no one shorted this pair up there. . .
Not me
  • #103,086
  • Jul 23, 2008 1:58am Jul 23, 2008 1:58am
Quoting MykeFX
ok here we go, how much higher do you think it will go??

Where is Karmo? and lilmoe? this is great
My Estimation... 50% Retracement if confirmed BREAKOUT... but I am an Intraday Trader... I just go with the flow. If the PA later showing reversal... I just take out whatever I've got.

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  • #103,087
  • Jul 23, 2008 1:58am Jul 23, 2008 1:58am
Quoting MykeFX
ok here we go, how much higher do you think it will go??

Where is Karmo? and lilmoe? this is great
See chart 4hr chart. . .
Attached Image (click to enlarge)
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  • #103,088
  • Jul 23, 2008 2:08am Jul 23, 2008 2:08am
Quoting Scrat
what... who... how... were you sleeping or something?!?
lilmoe!
everyone, wake up!


wtf happened??? omg!!!! i freagin over slept!!!!!
  • #103,089
  • Jul 23, 2008 2:08am Jul 23, 2008 2:08am
I would caution chasing this pair to high if you are not already in a trade. The pair is OB on all TF's and should correct before going much higher. I wouldn't be surprised to see it spike down lower to at least 213.30 area before heading higher. . .

JMHO!
  • #103,090
  • Jul 23, 2008 2:10am Jul 23, 2008 2:10am
Quoting lilmoe


wtf happened??? omg!!!! i freagin over slept!!!!!

Sorry bro...you ask Q...he push GJ to the top
  • #103,091
  • Jul 23, 2008 2:14am Jul 23, 2008 2:14am
my first target is @ 127.2 fibo.

Quoting quecee5
See chart 4hr chart. . .
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Nihil Sine Deo.
  • #103,092
  • Jul 23, 2008 2:16am Jul 23, 2008 2:16am
i thought i was going to wake up to see my longs stopped out! wow! everything's looking sooooo good
  • #103,093
  • Jul 23, 2008 2:19am Jul 23, 2008 2:19am
Quoting Scrat
my first target is @ 127.2 fibo.
That's a very good target based on my charts but it might need to correct some before it continues it upside target but maybe not. . .

All TF's are OB so not sure how much further it can go up before correcting some. . . The DP seems like a good target or maybe back to 214 area. . .

I guess we will find out shortly -
  • #103,094
  • Jul 23, 2008 2:21am Jul 23, 2008 2:21am
someone is buying all dips until we get to 240ish.
Anyone agree?
  • #103,095
  • Jul 23, 2008 2:22am Jul 23, 2008 2:22am
I see plenty of downside divergence on lower TF's so I expect it to head south for a bit then continue up since resistance up top has now been taken out. . .
  • #103,096
  • Jul 23, 2008 2:26am Jul 23, 2008 2:26am
Quoting ephisi
someone is buying all dips until we get to 240ish.
Anyone agree?
Buying dips is a gd strategy as I see more upside to this pair esp. since UJ has now overcome resistance since July 2007. Both seem to be in corrective mode and until this plays out out upside is a safe bet based on the charts I'm looking at. . .
  • #103,097
  • Jul 23, 2008 2:27am Jul 23, 2008 2:27am
maybe, just maybe, the BoE minutes will decide where the pound wants to go
??????????????????????????
TRADE FOR SWAP
  • #103,098
  • Jul 23, 2008 2:28am Jul 23, 2008 2:28am
Quoting lilmoe


wtf happened??? omg!!!! i freagin over slept!!!!!
me too lilmoe but I just bought a dip
  • #103,099
  • Jul 23, 2008 2:28am Jul 23, 2008 2:28am
it can go as much as it wants

Quoting quecee5
That's a very good target based on my charts but it might need to correct some before it continues it upside target but maybe not. . .

All TF's are OB so not sure how much further it can go up before correcting some. . . The DP seems like a good target or maybe back to 214 area. . .

I guess we will find out shortly -
Nihil Sine Deo.
  • #103,100
  • Jul 23, 2008 2:28am Jul 23, 2008 2:28am
Quoting Scrat
my first target is @ 127.2 fibo.
other than the fact that 127.2 at 215.57 (green) sounds really good. it's in confluence with this TL..

however, there's another 127.2 at 219.66 (gold)

there is no bearish indication on CCI yet. our way should still be upwards..



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