HAH!! i actually cought that 100 pip pullback this time 
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #120,461
- Oct 8, 2008 7:04pm Oct 8, 2008 7:04pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #120,464
- Oct 8, 2008 7:13pm Oct 8, 2008 7:13pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #120,467
- Oct 8, 2008 7:21pm Oct 8, 2008 7:21pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #120,472
- Oct 8, 2008 8:16pm Oct 8, 2008 8:16pm
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
duh..not even bothered;
settled above, this it's going to be a free ride to 180's
Daily and weekly still bearish.
- #120,473
- Oct 8, 2008 8:16pm Oct 8, 2008 8:16pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
erm... first TP hit at DP 
it actually went 40 pips above that... oh well, i'm not greedy 
alright, next tp at 175, i'm not sure if that's big enough, lol. but i'm holdin
it actually went 40 pips above that... oh well, i'm not greedy alright, next tp at 175, i'm not sure if that's big enough, lol. but i'm holdin
- #120,476
- Oct 8, 2008 8:28pm Oct 8, 2008 8:28pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
ok guys.. we did hit 170 (170.89), i was thinking 169.20, but oh well...
this is what' i'm seeing on my 4h chart. a strong bullish divergence on MACD and CCI30. we also have a falling wedge (yes falling wedges mean reversal).
if we get a breakout, we might get a small-medium size pullback retesting he upper TL, but after than we're off for a good correction.
again, just like the pattern i mentioned last month on the daily chart (u guys can check it out), we might get a CCI TL forming (higher lows on CCI), and short will be back when that TL i broken and 4h cci confirms back below the -100 line. at least that's how i determine the overall trend.
we should see 177.15 (23.6) today/tomorrow or even next week. then levels above (38.2 at 181).
this all depends if we get a good and clear breakout out of that falling wedge. i could be wrong of course, don't chage ur bias because i said so
chart:
this is what' i'm seeing on my 4h chart. a strong bullish divergence on MACD and CCI30. we also have a falling wedge (yes falling wedges mean reversal).
if we get a breakout, we might get a small-medium size pullback retesting he upper TL, but after than we're off for a good correction.
again, just like the pattern i mentioned last month on the daily chart (u guys can check it out), we might get a CCI TL forming (higher lows on CCI), and short will be back when that TL i broken and 4h cci confirms back below the -100 line. at least that's how i determine the overall trend.
we should see 177.15 (23.6) today/tomorrow or even next week. then levels above (38.2 at 181).
this all depends if we get a good and clear breakout out of that falling wedge. i could be wrong of course, don't chage ur bias because i said so
chart:
- #120,477
- Oct 8, 2008 8:29pm Oct 8, 2008 8:29pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
I see bullish continuation on lower TFs, however larger TFs have bearish bias.
- #120,479
- Oct 8, 2008 8:31pm Oct 8, 2008 8:31pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
ok guys.. we did hit 170 (170.89), i was thinking 169.20, but oh well...
this is what' i'm seeing on my 4h chart. a strong bullish divergence on MACD and CCI30. we also have a falling wedge (yes falling wedges mean reversal).
if we get a breakout, we might get a small-medium size pullback retesting he upper TL, but after than we're off for a good correction.
again, just like the pattern i mentioned last month on the daily chart (u guys can check it out), we might get a CCI TL forming (higher lows on CCI), and short will be back when that TL i broken and 4h cci confirms back below the -100 line. at least that's how i determine the overall trend.
we should see 177.15 (23.6) today/tomorrow or even next week. then levels above (38.2 at 181).
this all depends if we get a good and clear breakout out of that falling wedge. i could be wrong of course, don't chage ur bias because i said so
chart:
Attachment
- #120,480
- Oct 8, 2008 8:33pm Oct 8, 2008 8:33pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
Just took few patience pills by Dr. Karmo