gooood morning 
such a nice fallings during the night
such a nice fallings during the night
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #106,163
- Aug 7, 2008 9:40pm Aug 7, 2008 9:40pm
hey guys,
I think it was last low by GBP (1.9275), its a good chance to take a long position,
please share your ideas and analysis,
Regards
Dia
just normal retrace, but dont stick to your long, its friday 
- #106,165
- Aug 7, 2008 10:54pm Aug 7, 2008 10:54pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #106,166
- Aug 7, 2008 11:03pm Aug 7, 2008 11:03pm
- Joined Oct 2007 | Status: Counter Trend, but not always! | 2,147 Posts
Discipline + Patience - Fear - Greed = Success
- #106,167
- Aug 7, 2008 11:14pm Aug 7, 2008 11:14pm
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
mornin' ppl...hope you all making those pips..baby
I'm pleasantly surprised today..i was expecting a lousy day but hey who cares as long as this keeps heading towards my TP....i'll be sipping on coke and ballin..baby
I'm pleasantly surprised today..i was expecting a lousy day but hey who cares as long as this keeps heading towards my TP....i'll be sipping on coke and ballin..baby
- #106,174
- Aug 8, 2008 12:39am Aug 8, 2008 12:39am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #106,176
- Edited 12:59am Aug 8, 2008 12:47am | Edited 12:59am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
Let me show you guys USDJPY:
Daily:
We retace FIBO50% and we are sitting on 109.92
From the other hand we are in inverse H&S formation, which if played targets are as long as 117.80 or so..
Now the question is: what UY is going to DO after a penetration on NL 109.00 ?? and after a retrace of FIBO50?
option 1: we are playing H&S, and targeting upper 117 ? or
option2: after a retrace of 50% we are heading back, violate NL and then crushing down under 100 level.
What is gonna be ??
Chart:
http://doske.com/Charts/ES-39.png
Daily:
We retace FIBO50% and we are sitting on 109.92
From the other hand we are in inverse H&S formation, which if played targets are as long as 117.80 or so..
Now the question is: what UY is going to DO after a penetration on NL 109.00 ?? and after a retrace of FIBO50?
option 1: we are playing H&S, and targeting upper 117 ? or
option2: after a retrace of 50% we are heading back, violate NL and then crushing down under 100 level.
What is gonna be ??
Chart:
http://doske.com/Charts/ES-39.png
- #106,177
- Aug 8, 2008 12:55am Aug 8, 2008 12:55am
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
- #106,180
- Aug 8, 2008 1:13am Aug 8, 2008 1:13am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
As I like Shorts, I must say, that this is it for now (IMO). we are on our LONG way around 213 area..
First stop 212.32 [100sma]
Second one 212.50 FIBO50 + 50ema
Third one 212.80 FIBO61.8 + 200ema
ect...
P.S. My concern is still H&S on UY, that is the KEY
My chart:
http://doske.com/Charts/ES-40.png
First stop 212.32 [100sma]
Second one 212.50 FIBO50 + 50ema
Third one 212.80 FIBO61.8 + 200ema
ect...
P.S. My concern is still H&S on UY, that is the KEY
My chart:
http://doske.com/Charts/ES-40.png