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

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  • Post #119,181
  • Quote
  • Oct 5, 2008 11:39pm Oct 5, 2008 11:39pm
  •  Eulogy
  • | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
Quoting karmostaji
Disliked
we will definitely see 178, sorry malcolmb14 but this pair is going down and the QQE doesn't lie
Ignored
personally i'm targeting 180 first as i'm thinking we'll get a psychological bounce before another leg down. Hoping to reload on the rally.
 
 
  • Post #119,182
  • Quote
  • Oct 5, 2008 11:40pm Oct 5, 2008 11:40pm
  •  bounty
  • | Joined Feb 2008 | Status: Member | 29 Posts
Can someone please give me the address of Auslanco's new Blog. Thanks
 
 
  • Post #119,183
  • Quote
  • Oct 5, 2008 11:51pm Oct 5, 2008 11:51pm
  •  iksh
  • | Joined May 2008 | Status: Member | 177 Posts
Quoting steviet
Disliked
GJ closed Friday around the 186.50 level, so not quite the 500 pip drop.

SaxoBank has now been open for 2 hours pre-market and started around the 186 level. I have a low of 184.33, although now slightly recovered to just under 185.

Still an hour to go until the real market opens but would certainly be interesting if we open under 184.50, which would be the lowest price since November 2003.

I'll be waiting for Frankfurt or London before placing any trades.

Kind Regards
Steve
Ignored

Nice to see you posting on this thread.

Hows life treating u these days?

GL this week.
 
 
  • Post #119,184
  • Quote
  • Oct 5, 2008 11:51pm Oct 5, 2008 11:51pm
  •  kandarv
  • | Joined Sep 2008 | Status: Trend rider & Big Old Boy Wannabe | 877 Posts
Quoting Reborn1982
Disliked
Good, Good bye 184
Ignored
Good bye 183 too?
 
 
  • Post #119,185
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  • Oct 5, 2008 11:51pm Oct 5, 2008 11:51pm
  •  Money-RX
  • | Joined Jul 2007 | Status: Member | 855 Posts
Quoting karmostaji
Disliked
we will definitely see 178, sorry malcolmb14 but this pair is going down and the QQE doesn't lie
Ignored
Japanese yen always strongest currency in economic downturn.
Look at historical chart - yen only currency in the black.
www.financialsense.com monthly scoreboard
History is written by the victors.
 
 
  • Post #119,186
  • Quote
  • Oct 5, 2008 11:52pm Oct 5, 2008 11:52pm
  •  maestr2
  • | Joined May 2007 | Status: Portland, OR | 447 Posts
Quoting bounty
Disliked
Can someone please give me the address of Auslanco's new Blog. Thanks
Ignored
Go here where I have a link to his new forecasts. http://66.70.197.110/auslanco/

He also still has his community trading room at www.tradingrooms.com
where he visits occasionally
Trade what you see, not what you think.
 
 
  • Post #119,187
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  • Oct 5, 2008 11:54pm Oct 5, 2008 11:54pm
  •  Spanishfly
  • | Joined Jul 2007 | Status: crystal ball | 143 Posts
Quoting bounty
Disliked
Can someone please give me the address of Auslanco's new Blog. Thanks
Ignored
Auslanco's FXCM/dailyfx blog :

http://www.learncurrencytrading.com/fxforum/blogs/
 
 
  • Post #119,188
  • Quote
  • Oct 5, 2008 11:56pm Oct 5, 2008 11:56pm
  •  Piters
  • Joined Sep 2006 | Status: Collector | 9,833 Posts
hmm,
first stop @ 181.70
next one around 177 - 176.70

safe ride !!
 
 
  • Post #119,189
  • Quote
  • Oct 5, 2008 11:59pm Oct 5, 2008 11:59pm
  •  malcolmb14
  • Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,883 Posts
182.40 I am out gj .. that was my target ....

closed gu also on daily s1 .... still have small short open gbpchf

the indicators getting way to oversold on 5 min charts ... nothing can go down for ever.....

off to get some sleep ...goodnight and good luck all
Blogging daily now at www.volume.zone
 
 
  • Post #119,190
  • Quote
  • Oct 6, 2008 12:03am Oct 6, 2008 12:03am
  •  PandoraBox
  • Joined Apr 2007 | Status: Senior Principal Trader | 2,685 Posts
I think we might see more movement down during London and NY session.
 
 
  • Post #119,191
  • Quote
  • Oct 6, 2008 12:04am Oct 6, 2008 12:04am
  •  Money-RX
  • | Joined Jul 2007 | Status: Member | 855 Posts
These Sundays have been outstanding. Set a buy limit order around 40 over weekend price and a sell limit order 40 under weekend price.
Then go watch football and stay away from the charts. Best way to start the week.
History is written by the victors.
 
 
  • Post #119,192
  • Quote
  • Oct 6, 2008 12:07am Oct 6, 2008 12:07am
  •  bounty
  • | Joined Feb 2008 | Status: Member | 29 Posts
Thanks Maestr2 and Spanishfly.
 
 
  • Post #119,193
  • Quote
  • Oct 6, 2008 12:19am Oct 6, 2008 12:19am
  •  PandoraBox
  • Joined Apr 2007 | Status: Senior Principal Trader | 2,685 Posts
Down Signal what I see at the moment :

1. Weekly price close below weekly pivot.
2. Daily price close below daily pivot.
3. We got strong bearish candle at Weekly chart.
4. H4 MACD already cross down ward.
 
 
  • Post #119,194
  • Quote
  • Oct 6, 2008 12:19am Oct 6, 2008 12:19am
  •  Eulogy
  • | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
Holy Shit

182 - 181 in 15 seconds

did another bank just die???
 
 
  • Post #119,195
  • Quote
  • Oct 6, 2008 12:19am Oct 6, 2008 12:19am
  •  susufx
  • | Joined Apr 2008 | Status: Member | 545 Posts
lol talk about easy money!!!
 
 
  • Post #119,196
  • Quote
  • Oct 6, 2008 12:19am Oct 6, 2008 12:19am
  •  Scrat
  • Joined Jan 2007 | Status: Member | 3,719 Posts
oh my god. i took 2 shorts at 185.80... i already made my plan for half a month.
closed.
and going to bed. i don't think i'll bother trading again this week.
Nihil Sine Deo.
 
 
  • Post #119,197
  • Quote
  • Oct 6, 2008 12:20am Oct 6, 2008 12:20am
  •  Scalper
  • | Membership Revoked | Joined Sep 2007 | 117 Posts
there is a trendline on the monthly that currently intersects at around ~179.50


Quoting Piters
Disliked
hmm,
first stop @ 181.70
next one around 177 - 176.70

safe ride !!
Ignored
 
 
  • Post #119,198
  • Quote
  • Oct 6, 2008 12:23am Oct 6, 2008 12:23am
  •  Ben920FX
  • | Joined Sep 2008 | Status: Pip banker | 263 Posts
Down, baby, down
My edge ===> Patience
 
 
  • Post #119,199
  • Quote
  • Oct 6, 2008 12:29am Oct 6, 2008 12:29am
  •  PandoraBox
  • Joined Apr 2007 | Status: Senior Principal Trader | 2,685 Posts
Quoting Ben920FX
Disliked
Down, baby, down
Ignored
We will see more magical down movement IF 100% members and guest in AUS thread agreed we will see 178 ~ 172.
 
 
  • Post #119,200
  • Quote
  • Oct 6, 2008 12:34am Oct 6, 2008 12:34am
  •  jarroo
  • Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
S/R level at the 181.00-180.00ish level.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
 
 
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