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

  • #114,781
  • Sep 17, 2008 9:04am Sep 17, 2008 9:04am
Quoting bigcoupe


I see.. Or maybe Mr Paulson is having a coffee break?
Just joking..
  • #114,782
  • Sep 17, 2008 9:07am Sep 17, 2008 9:07am
Quoting seesaw
Nice try, but I'm still very bearish!
Agreed, that trendline down has been speaking it all for me and price just spiked up to it and failed. This is showing more downside IMO.
I dream, therefore I become.
  • #114,783
  • Sep 17, 2008 9:15am Sep 17, 2008 9:15am
Quoting seesaw
Nice try, but I'm still very bearish!
I am with you... I think bearish also... Looking for it to break 187.50 level, then I am in a short position.
  • #114,784
  • Sep 17, 2008 9:15am Sep 17, 2008 9:15am
today will be a funny day to trade, especially now that the SEC has ordered a freeze on naked shorts again.
  • #114,785
  • Sep 17, 2008 9:16am Sep 17, 2008 9:16am
Quoting DutchTrader
]

Can't scalp to safe my life. Good for you fellas though
scalpin is tough business, 80% deception almost always, on a scale 1-10 im maybe a 4 always seem to hold too long or not long enough LOL

if i was too emotionally unstable i would punch a hole in screen just about every trade LOL
"Millionaires don't use astrology, billionaires do"
  • #114,786
  • Sep 17, 2008 9:18am Sep 17, 2008 9:18am
GJ H4 Bearish mode.
Attached Image (click to enlarge)
Click to Enlarge Name: gj stoch1.gif Size: 23 KB
  • #114,787
  • Sep 17, 2008 9:31am Sep 17, 2008 9:31am
Quoting OrionsWay
scalpin is tough business, 80% deception almost always, on a scale 1-10 im maybe a 4 always seem to hold too long or not long enough LOL

if i was too emotionally unstable i would punch a hole in screen just about every trade LOL

That's me...punching a hole, lol.

Good for you bro. I couldn't do it.
  • #114,788
  • Sep 17, 2008 9:33am Sep 17, 2008 9:33am
Quoting PandoraBox
GJ H4 Bearish mode.

Does the 4hr qualify as a bear flag?
  • #114,789
  • Sep 17, 2008 9:35am Sep 17, 2008 9:35am
did a see a flag on 1h chart?
Attached Image
Lost...
  • #114,790
  • Sep 17, 2008 9:43am Sep 17, 2008 9:43am
i suspect u can buy the median from the linear regression channel 1hr Bigger one today for 3x payday but who knows crueently 85.60 and dropping about 6-7 pips an hr

geppy chart
"Millionaires don't use astrology, billionaires do"
  • #114,791
  • Sep 17, 2008 9:47am Sep 17, 2008 9:47am
Quoting OrionsWay
i suspect u can buy the median from the linear regression channel 1hr Bigger one today for 3x payday but who knows crueently 85.60 and dropping about 6-7 pips an hr

geppy chart

i'm itching to go long...
  • #114,792
  • Sep 17, 2008 9:48am Sep 17, 2008 9:48am
Quoting lilmoe
i'm itching to go long...
as long as 187.25 is holding, we're going up up up
  • #114,793
  • Sep 17, 2008 9:48am Sep 17, 2008 9:48am
hi all great traders..
just wanna share the 15min channel..
Attached Image (click to enlarge)
Click to Enlarge Name: 15min channel.gif Size: 25 KB
  • #114,794
  • Sep 17, 2008 9:49am Sep 17, 2008 9:49am
i feel slight bullish as on 4h chart, qqe cross up, candle above gann.
plus there might be a flag in formation on 1h chart...

price amazingly bounced up the moment it hit 1h channel on post 114800
Lost...
  • #114,795
  • Sep 17, 2008 9:51am Sep 17, 2008 9:51am
i think its going to skyrocket once dow turns around.

just my 2c
  • #114,796
  • Sep 17, 2008 10:08am Sep 17, 2008 10:08am
The Gbp/jpy Is A Down Trend, I Warned Shouted And I Hope Some Of Us Here Heeded Rather Than Followed Blindly. My 187.60 Region Has Just Been Met.contented With My Hundred Pips + Gains. Sorry If You Were Hoping For A Break To The 191 Region...better Luck Next Time.
  • #114,797
  • Sep 17, 2008 10:08am Sep 17, 2008 10:08am
Quoting alearner
i think its going to skyrocket once dow turns around.

just my 2c

me thinking the same. we're still on the right shoulder of an inverse h/s formation with head being yesterday's low and left shoulder being monday's low...
  • #114,798
  • Sep 17, 2008 10:14am Sep 17, 2008 10:14am
Quoting lilmoe
me thinking the same. we're still on the right shoulder of an inverse h/s formation with head being yesterday's low and left shoulder being monday's low...
On a larger scale of things, scroll out to your 4 hour charts and notice the large downwards trendline that is still in tact. We approached it, but then failed. What do you think?

This next 4 hour bar will "likely" close as a bearish engulfment, which would confirm my viewpoint on the failure and reverse back downwards.This recent trendline is lasting from August, which I would consider to hold a fair amount of weight.

I can't post a chart as I am at my home away from home and Metatrader isn't installed on my computer here. If anyone could post a chart showing that trendline for everyone to see, it would be appreciated.

I'll post again at 12 when my 4 hour bar closes, or after I get my lunch for the day. Good luck in your trades everyone.
I dream, therefore I become.
  • #114,799
  • Sep 17, 2008 10:16am Sep 17, 2008 10:16am
Quoting mike w
On a larger scale of things, scroll out to your 4 hour charts and notice the large downwards trendline that is still in tact. We approached it, but then failed. What do you think?

This next 4 hour bar will "likely" close as a bearish engulfment, which would confirm my viewpoint on the failure and reverse back downwards.This recent trendline is lasting from August, which I would consider to hold a fair amount of weight.

I can't post a chart as I am at my home away from home and Metatrader isn't installed on my computer here. If anyone could post a chart showing that trendline for everyone to see, it would be appreciated.

I'll post again at 12 when my 4 hour bar closes, or after I get my lunch for the day. Good luck in your trades everyone.

I'm with you. I see a very bearish 4H, every spike has failed to break trendline.

Attached is a iH chart, not excellent at this so sorry about the poor chart quality
Attached File(s)
File Type: pdf 1H trendline.pdf   72 KB | 442 downloads
  • #114,800
  • Sep 17, 2008 10:19am Sep 17, 2008 10:19am
Quoting seesaw
I'm with you. I see a very bearish 4H, every spike has failed to break trendline.
If we do see a bearish 4 hour, I'll be selling on all rallies upwards.
I dream, therefore I become.
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