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

  • #117,921
  • Sep 29, 2008 10:27am Sep 29, 2008 10:27am
i've got to say baby...i'm not so sure this is going to go to 200 anymore especially if we get a daily close below this current level..?

oh baby next month is for sure going to be the beexneez..baby
  • #117,922
  • Sep 29, 2008 10:31am Sep 29, 2008 10:31am
This may sound crazy. IMO, If 4hr H/S is correct it may go up to 210. Need more confirmation to trade this, first bounce off 61.8 fib here and bullish divergence, then Daily and 4hr gann and qqe cross up.
Attached Image (click to enlarge)
Click to Enlarge Name: GJ-092908-1129-4hr.jpg Size: 504 KB
Do not follow my trades. Trade what you see on your own charts.
  • #117,923
  • Sep 29, 2008 10:37am Sep 29, 2008 10:37am
You guys are still looking for the bottom?

The House vote is in 1 hour. Just be patient and see if they vote to approve the bailout before them. If it does not pass, the USS Crapper will be posted!

B
  • #117,924
  • Sep 29, 2008 10:38am Sep 29, 2008 10:38am
Quoting igmak
This may sound crazy. IMO, If 4hr H/S is correct it may go up to 210. Need more confirmation to trade this, first bounce off 61.8 fib here and bullish divergence, then Daily and 4hr gann and qqe cross up.
BRO !! There is no bottom yet so you cant draw line like this.
4X is the biggest casino in the world...Open 24h Monday to Friday.
  • #117,925
  • Sep 29, 2008 10:40am Sep 29, 2008 10:40am
Quoting ukvipersden
Is the bottom in??
My sources say No

Ask again later

(for those who have used the 8 ball....)
  • #117,926
  • Sep 29, 2008 10:40am Sep 29, 2008 10:40am
Quoting igmak
This may sound crazy.
Yes it does ... Not much more possible is go to 184 But who knows

Anyway the problem with up maight be directly in UK financial system not US
  • #117,927
  • Sep 29, 2008 10:42am Sep 29, 2008 10:42am
it WILL pass. the stake is too high for the bankers, and they NEVER lose.

Quoting bigcoupe
You guys are still looking for the bottom?

The House vote is in 1 hour. Just be patient and see if they vote to approve the bailout before them. If it does not pass, the USS Crapper will be posted!

B
Nihil Sine Deo.
  • #117,928
  • Sep 29, 2008 10:42am Sep 29, 2008 10:42am
Quoting pipsy_2
BRO !! There is no bottom yet so you cant draw line like this.
As I said I am not looking for a bottom. I just post my analisys like yesterday when I said it will go down and took a short for 510 pips. I trade my charts not my opinion or thinking.
Do not follow my trades. Trade what you see on your own charts.
  • #117,929
  • Sep 29, 2008 10:47am Sep 29, 2008 10:47am
Quoting Scrat
it WILL pass. the stake is too high for the bankers, and they NEVER lose.
There is mounting opposition for it at the moment, some congressmen are saying it may not pass ... of course whether it passes or not, the outcome will be the same .. you can't put a tiny bandaid on a large gushing wound and expect it to stop bleeding.

So if it passes, there may be an initial ramp up ... but then I would look out below...
  • #117,930
  • Sep 29, 2008 10:47am Sep 29, 2008 10:47am
as for the bottom, look at this h4 chart: hidden bullish divergence on MACD and RSI. continuation pattern, which means UP, but only IF CONFIRMED.
so i have my eyes on 30min chart, waiting for a confirmation to go up.
Attached Image (click to enlarge)
Click to Enlarge Name: gjh4.gif Size: 22 KB
Nihil Sine Deo.
  • #117,931
  • Sep 29, 2008 10:51am Sep 29, 2008 10:51am
But with Guppy All things are possible. She wouldnt surprise me if she shot up to 210, she would have to hut 230 to really impress me, 0r shoot down to below 160.0s would also impress me. If she hits 210 she can only fall further faster.

Quoting igmak
This may sound crazy. IMO, If 4hr H/S is correct it may go up to 210. Need more confirmation to trade this, first bounce off 61.8 fib here and bullish divergence, then Daily and 4hr gann and qqe cross up.
  • #117,932
  • Sep 29, 2008 10:52am Sep 29, 2008 10:52am
Quoting Scrat
as for the bottom, look at this h4 chart: hidden bullish divergence on MACD and RSI. continuation pattern, which means UP, but only IF CONFIRMED.
so i have my eyes on 30min chart, waiting for a confirmation to go up.
Agreed!. My H/S calculation GJ may go up 210-211 if confirmed. I may be wrong, not the first time.
Do not follow my trades. Trade what you see on your own charts.
  • #117,933
  • Sep 29, 2008 10:59am Sep 29, 2008 10:59am
Quoting rrram2
But with Guppy All things are possible. She wouldnt surprise me if she shot up to 210, she would have to hut 230 to really impress me, 0r shoot down to below 160.0s would also impress me. If she hits 210 she can only fall further faster.
wouldn't all these scenarios be crazy...
  • #117,934
  • Sep 29, 2008 11:07am Sep 29, 2008 11:07am
Well theres still 2 gaps to the upside, meaning they will close, eventually lol.
Might go down 1000 pips before closing em though.
  • #117,935
  • Sep 29, 2008 11:12am Sep 29, 2008 11:12am
Quoting mktjong
This gotta be a buy time now
If we've seen today's low as bottomed out level, very likely we would see 197 and beyond .. imo
  • #117,936
  • Sep 29, 2008 11:14am Sep 29, 2008 11:14am
Quoting ukvipersden
Is the bottom in??
Looks like it .. LOL
  • #117,937
  • Sep 29, 2008 11:15am Sep 29, 2008 11:15am
I posted a similar target 14 hrs ago..


http://www.forexfactory.com/showpost...stcount=117713




Quoting igmak
Agreed!. My H/S calculation GJ may go up 210-211 if confirmed. I may be wrong, not the first time.
[
  • #117,938
  • Sep 29, 2008 11:20am Sep 29, 2008 11:20am
Quoting rgitt05
I posted a similar target 14 hrs ago..


http://www.forexfactory.com/showpost...stcount=117713


If you had posted the chart upside down, we all would have caught the 600 pips down :-)
  • #117,939
  • Sep 29, 2008 11:21am Sep 29, 2008 11:21am
Quoting rgitt05
I posted a similar target 14 hrs ago..


http://www.forexfactory.com/showpost...stcount=117713


Placed long trade @ 189.50 with tight SL for 2000 pips to 210. Will add on the way up or down. . Do not follow my trade. Trade your charts guys.
Do not follow my trades. Trade what you see on your own charts.
  • #117,940
  • Sep 29, 2008 11:34am Sep 29, 2008 11:34am
After breaking down 61.8% fibo. I have BIG short .. target 184 ...

SL 190.30
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