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

  • #109,781
  • Sep 2, 2008 11:41am Sep 2, 2008 11:41am
Quoting karmostaji
Patience
Im with Karm as far as a short with a 1 hr close under gann and qqe 1 hr cross.
  • #109,782
  • Sep 2, 2008 11:42am Sep 2, 2008 11:42am
I think is the same film like yesterday...
Just wait until japanese wake up!
''Art is making something out of nothing and selling it'' Frank Zappa
  • #109,783
  • Sep 2, 2008 11:43am Sep 2, 2008 11:43am
Quoting PipChick
Im with Karm as far as a short with a 1 hr close under gann and qqe 1 hr cross.
me too.....
  • #109,784
  • Sep 2, 2008 11:44am Sep 2, 2008 11:44am
Quoting mktjong
I have a different look on this beast today. I think we would see it reached daily 5 sma by tomorrow
Maybe am wrong .. but we still have 24 hours to go :-)
  • #109,785
  • Sep 2, 2008 11:46am Sep 2, 2008 11:46am
Quoting mktjong
Maybe am wrong .. but we still have 24 hours to go :-)
Its ok be wrong. Happens to me too. Im funnin with ya mktjong. Thats what makes this thread beneficial. Different opinions and analysis which allows us to see other views before jumping in.
  • #109,786
  • Sep 2, 2008 11:51am Sep 2, 2008 11:51am
Dow just went negative
U/J 1 hr cross down on QQE
G/U headed down again
anything else that could help?
The Only Constant Is Change!
  • #109,787
  • Sep 2, 2008 11:54am Sep 2, 2008 11:54am
Quoting JazzmanQ2
Dow just went negative
U/J 1 hr cross down on QQE
G/U headed down again
anything else that could help?
1 hr trend line broken
  • #109,788
  • Sep 2, 2008 11:55am Sep 2, 2008 11:55am
It looks like everything is down, no correlation...

I believe the market is taking profit because of commodites meltdown in oil breakdown below the $110 support level...The market looking for direction...

This week look like a slow trending unless there is some big news...


WTF happen..
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  • #109,789
  • Sep 2, 2008 12:00pm Sep 2, 2008 12:00pm
Quoting rgitt05
It looks like everything is down, no correlation...

I believe the market is taking profit because of commodites meltdown in oil breakdown below the $110 support level...The market looking for direction...

This week look like a slow trending unless there is some big news...


WTF happen..

even today in trend gj been moving aroun like a wild bronco ...60 pip down moves with 30 pip retracements on a 5 min is how she is moving since 6am pst
Blogging daily now at www.volume.zone
  • #109,790
  • Sep 2, 2008 12:02pm Sep 2, 2008 12:02pm
I am still long unless my 15min TF TL is broken...

It looks like a long day....

Trending day....



My position will BE if my 193.50 position breaks..

Oh well, no one is in control of the market...
Attached Image (click to enlarge)
Click to Enlarge Name: 15min tf gj.gif Size: 51 KB
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  • #109,791
  • Sep 2, 2008 12:02pm Sep 2, 2008 12:02pm
price at my mt4 is freezing,is it same to anybody else?i tried to restart but it still the same
  • #109,792
  • Sep 2, 2008 12:06pm Sep 2, 2008 12:06pm
Quoting malcolmb14
even today in trend gj been moving aroun like a wild bronco ...60 pip down moves with 30 pip retracements on a 5 min is how she is moving since 6am pst
I am expecting move above 193.8 .... if it breaks that then going long int 194.15. then dp at 194.40. This may be Asian session yet ....who knows what those guys are going to do to the beast.

seems it has been hanging around that 193.8 level since yesterday Asian session.

Perhaps that is the spring board level for it to retrace .. .who know .

I play one session at a time.

Closed 2 trades way to early this mronng left 90 pips on table , but scored a nice 50 pip trade 194.10 to 192.60 just now as GBPUSD broke the bottom of bear flag and pushed gj down
Blogging daily now at www.volume.zone
  • #109,793
  • Sep 2, 2008 12:13pm Sep 2, 2008 12:13pm
Quoting malcolmb14
I am expecting move above 193.8 .... if it breaks that then going long int 194.15. then dp at 194.40. This may be Asian session yet ....who knows what those guys are going to do to the beast.

seems it has been hanging around that 193.8 level since yesterday Asian session.

Perhaps that is the spring board level for it to retrace .. .who know .

I play one session at a time.

Closed 2 trades way to early this mronng left 90 pips on table , but scored a nice 50 pip trade 194.10 to 192.60 just now as GBPUSD broke the bottom of bear flag and pushed gj down
as per post 193.8 long
Blogging daily now at www.volume.zone
  • #109,794
  • Sep 2, 2008 12:17pm Sep 2, 2008 12:17pm
I am still long for the possible breakout upward if this trend stays in place..

I will double my position at 193.50 for target at 197.00 range..

You be the judge...

Attached Image (click to enlarge)
Click to Enlarge Name: 15min tf gj -a.gif Size: 48 KB
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  • #109,795
  • Sep 2, 2008 12:17pm Sep 2, 2008 12:17pm
in few minutes, 193.50 to 194 again...

may be Long is thw way!
''Art is making something out of nothing and selling it'' Frank Zappa
  • #109,796
  • Sep 2, 2008 12:21pm Sep 2, 2008 12:21pm
Quoting vifer
in few minutes, 193.50 to 194 again...

may be Long is thw way!

closed mine for a few pips .....

I have 33 sma on charts could not push above this on a 5min. If it does then long in to 194.4 for sure
Blogging daily now at www.volume.zone
  • #109,797
  • Sep 2, 2008 12:21pm Sep 2, 2008 12:21pm
hehe...
but if the triangul bottom line Breakthrough ...hummm

Little suport at 193.50 for now...
''Art is making something out of nothing and selling it'' Frank Zappa
  • #109,798
  • Sep 2, 2008 12:32pm Sep 2, 2008 12:32pm
Is anyone else watching this area on the weekly gu.....I am out of all shorts now.... I think if we get a weekly close below this area then we are going down some more....but if it holds, we could get a nice retracement...

the last ma is the 365sma...
Attached Image (click to enlarge)
Click to Enlarge Name: wegu.GIF Size: 33 KB
Patience + Discipline - Greed = Success
  • #109,799
  • Sep 2, 2008 12:43pm Sep 2, 2008 12:43pm
If the GU stay on course, I believe GJ will follow and breakdown for a new low for Asia...

Wait and see...


This can get ugly but I will be on the right side of trading...




Quoting Infinity
Is anyone else watching this area on the weekly gu.....I am out of all shorts now.... I think if we get a weekly close below this area then we are going down some more....but if it holds, we could get a nice retracement...

the last ma is the 365sma...
Attached Image (click to enlarge)
Click to Enlarge Name: 60min tf gu.gif Size: 48 KB
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  • #109,800
  • Sep 2, 2008 12:54pm Sep 2, 2008 12:54pm
The trend looks more negative


I'm expecting more negative results...




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