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

  • #107,481
  • Aug 18, 2008 6:01am Aug 18, 2008 6:01am
Quoting iiivb
i am having a BUY signal on GBP/USD...

anybody else?

iiivb
still trading under daily pivot so not sure about longs yet
by Thich Nhat Hanh "Smile, breathe and go slowly."
  • #107,482
  • Aug 18, 2008 6:13am Aug 18, 2008 6:13am
Quoting Farmboy
still trading under daily pivot so not sure about longs yet
thnx for ur insight Farmboy
  • #107,483
  • Aug 18, 2008 6:29am Aug 18, 2008 6:29am
quiet day to day! no news around maybe us liven things up a bit. i hopes
THE NAKED TRADER
  • #107,484
  • Aug 18, 2008 6:54am Aug 18, 2008 6:54am
i think the gbp/chf buyers are targeting 2.0660 level/2.0780
I always knew that someday I would make it big
  • #107,485
  • Aug 18, 2008 7:01am Aug 18, 2008 7:01am
onces again the gbp /jpy is in bad mood again ,but as you all know when the geppy wake up it will be very wild and shoot very hard .
I always knew that someday I would make it big
  • #107,486
  • Aug 18, 2008 7:03am Aug 18, 2008 7:03am
Quoting forexer
onces again the gbp /jpy is in bad mood again ,but as you all know when the geppy wake up it will be very wild and shoot very hard .
Yeah sometimes a bit too hard.
  • #107,487
  • Aug 18, 2008 7:17am Aug 18, 2008 7:17am
Quoting mko
maybe this is what Lilmoe see.... am i right?

http://i181.photobucket.com/albums/x.../GJmonthly.jpg
  • #107,488
  • Aug 18, 2008 7:18am Aug 18, 2008 7:18am
Quoting belekas
Can you ellaborate a little on this Lilmoe?
the major bearish flag we were in since march 16 up until this fall is 4500 pips... so we count 4500 pips from 215.80. i guess u can do the math
  • #107,489
  • Aug 18, 2008 7:34am Aug 18, 2008 7:34am
here's the old post

Quoting lilmoe

Quoting lilmoe
i think GJ will hit 166 if not 165.... look at the monthly chart. we are currently in the process of breaking a bearish flag. the flag poll is 4900 pips long (from 240 to 192), so u can count 4900 pips from 215.80 (which is also FE 100) u get a historical 23.6 fibo at 166 (placed from 286 to 129).

the rest is up to u to decide bro

i think GJ will go below the lower monthly TL everyone's talking about. time? 4-5 months
  • #107,490
  • Aug 18, 2008 7:35am Aug 18, 2008 7:35am
Quoting lilmoe
the major bearish flag we were in since march 16 up until this fall is 4500 pips... so we count 4500 pips from 215.80. i guess u can do the math
LOL of course i can do the math but heres a different view im looking at right now. Price is channeling inside weekly downtrend channel to the ltl of montly uptrend (ascending) channel where we will have another descending utl (blue) that was already broken in 2005 so we have a confluence in around 179.
Attached Image (click to enlarge)
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  • #107,491
  • Aug 18, 2008 7:47am Aug 18, 2008 7:47am
Quoting belekas
LOL of course i can do the math but heres a different view im looking at right now. Price is channeling inside weekly downtrend channel to the ltl of montly uptrend (ascending) channel where we will have another descending utl (blue) that was already broken in 2005 so we have a confluence in around 179.
it's all good bro, we won't argue over a lousy 1000+ pips


by the way, how long do u think this straight line of "price doesn't want to go anywhere" is going to last?
  • #107,492
  • Aug 18, 2008 7:53am Aug 18, 2008 7:53am
i favor this one. we will also have to see how fundamentals look at that moment...

Quoting belekas
LOL of course i can do the math but heres a different view im looking at right now. Price is channeling inside weekly downtrend channel to the ltl of montly uptrend (ascending) channel where we will have another descending utl (blue) that was already broken in 2005 so we have a confluence in around 179.
Nihil Sine Deo.
  • #107,493
  • Aug 18, 2008 7:55am Aug 18, 2008 7:55am
Quoting lilmoe
it's all good bro, we won't argue over a lousy 1000+ pips


by the way, how long do u think this straight line of "price doesn't want to go anywhere" is going to last?

YEAH RIGHT... +/- 1000pips is nothing.. LOL we are making 1000pips in a WEEK

  • #107,494
  • Aug 18, 2008 7:55am Aug 18, 2008 7:55am
that ain't no bearish flag anymore, and even if we go up, i'm not sure if above 207.30 makes sense.

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  • #107,495
  • Aug 18, 2008 8:01am Aug 18, 2008 8:01am
Quoting lilmoe
it's all good bro, we won't argue over a lousy 1000+ pips


by the way, how long do u think this straight line of "price doesn't want to go anywhere" is going to last?
no doubt bro well price is mooving inside an ascending channel on 1hr tf. this might be a bearish flag as Karmo posted before. price is now wondering between those 2 red tl's but sooner or later it will touch the utl or ltl and bounce or break so im ready aither way. but i would like price to touch the utl and then go short on the touch of the tl because i believe this thing is going down big time. also a breakout south could be played when and if it happens. this is just what im seying from 1hr chart, i still havent looked on 4hr. one thing i know we should have been short from that broken H&S neckline's retest +alot more tl confluence @ around 215.50 with 100 lots and just keep locking profits at significant levels... that would had been wonderfull...i bet somebody is? do you mate?

cheers
Attached Image (click to enlarge)
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  • #107,496
  • Aug 18, 2008 8:02am Aug 18, 2008 8:02am
Quoting Scrat
i favor this one. we will also have to see how fundamentals look at that moment...
Hello buddy and thanks for your comments
  • #107,497
  • Aug 18, 2008 8:53am Aug 18, 2008 8:53am
be carefull of FALSE breakouts !!
  • #107,498
  • Aug 18, 2008 8:55am Aug 18, 2008 8:55am
Quoting Piters
be carefull of FALSE breakouts !!
For sure bro
  • #107,499
  • Aug 18, 2008 8:56am Aug 18, 2008 8:56am
Quoting Piters
be carefull of FALSE breakouts !!
If price closes below 4h gann and 4h QQE crosses down, this baby is going to tank right into the crapper lol
Trade what you see, not what you think.
  • #107,500
  • Aug 18, 2008 9:02am Aug 18, 2008 9:02am
Quoting karmostaji
If price closes below 4h gann and 4h QQE crosses down, this baby is going to tank right into the crapper lol
maybe sterling can join in the fun
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