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

  • #122,041
  • Oct 14, 2008 1:34am Oct 14, 2008 1:34am
This thing really need to retrace to pick up more buyers. I'm a buyer and I'm waiting for that retrace. A close below 178.40 would create a retracement up to the 38.2 fib/daily pivot area. I think that would be a very nice area to go long.
  • #122,042
  • Oct 14, 2008 1:45am Oct 14, 2008 1:45am
15M uptrend is broken,let's see how far this beast can go down
  • #122,043
  • Oct 14, 2008 1:47am Oct 14, 2008 1:47am
if we close below the lower TL we tank. otherwise we bounce to the upper TL again...

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  • #122,044
  • Oct 14, 2008 1:52am Oct 14, 2008 1:52am
Quoting lilmoe
if we close below the lower TL we tank. otherwise we bounce to the upper TL again...

Attachment
we tank
  • #122,045
  • Oct 14, 2008 1:54am Oct 14, 2008 1:54am
Quoting moneybookers
15M uptrend is broken,let's see how far this beast can go down
DP
  • #122,046
  • Oct 14, 2008 1:55am Oct 14, 2008 1:55am
Why is it tanking ? Any idea ?
  • #122,047
  • Oct 14, 2008 1:56am Oct 14, 2008 1:56am
Quoting lilmoe
DP
where to entry the short then ?
  • #122,048
  • Oct 14, 2008 1:56am Oct 14, 2008 1:56am
Quoting janela
Why is it tanking ? Any idea ?
in order to move more higher so go lower
  • #122,049
  • Oct 14, 2008 2:02am Oct 14, 2008 2:02am
Quoting moneybookers
in order to move more higher so go lower
Thats a funny response. Theory of relativity
  • #122,050
  • Oct 14, 2008 2:08am Oct 14, 2008 2:08am
Quoting janela
Thats a funny response. Theory of relativity
hehe this is a retracement of the former up trend
  • #122,051
  • Oct 14, 2008 2:13am Oct 14, 2008 2:13am
enter shorts on your own risk..... if we do get to DP i would go long....
  • #122,052
  • Oct 14, 2008 2:13am Oct 14, 2008 2:13am
This G...something is frozen on my chart and doesn't receive feeds ... so let's go back to trade GJ ...

I see a RSI 70 level breakout and a GannHiLo breakout on H1 chart ... so let's tank with this for a while down to %38.2 (174.74) and then %50 (173.00) fib.
Discipline + Patience - Fear - Greed = Success
  • #122,053
  • Oct 14, 2008 2:18am Oct 14, 2008 2:18am
Quoting arezab
This G...something is frozen on my chart and doesn't receive feeds ... so let's go back to trade GJ ...

I see a RSI 70 level breakout and a GannHiLo breakout on H1 chart ... so let's tank with this for a while down to %38.2 (174.74) and then %50 (173.00) fib.

Looks lilke u milked G..... something that the broker got bust in that pair and has no futher reswrves to replenish ur pip account. as a result he has frozen ur feed.

Stop being too greedy.
  • #122,054
  • Oct 14, 2008 2:18am Oct 14, 2008 2:18am
Quoting lilmoe
enter shorts on your own risk..... if we do get to DP i would go long....
what's your DP level?
  • #122,055
  • Oct 14, 2008 2:19am Oct 14, 2008 2:19am
Quoting sri
Looks lilke u milked G..... something that the broker got bust in that pair and has no futher reswrves to replenish ur pip account. as a result he has frozen ur feed.

Stop being too greedy.
plan to re enter short on up limit of the bull flag to try mu lucky
  • #122,056
  • Oct 14, 2008 2:20am Oct 14, 2008 2:20am
Quoting sri
Looks lilke u milked G..... something that the broker got bust in that pair and has no futher reswrves to replenish ur pip account. as a result he has frozen ur feed.

Stop being too greedy.
I'm not greedy ... my broker is too thin
Discipline + Patience - Fear - Greed = Success
  • #122,057
  • Oct 14, 2008 2:22am Oct 14, 2008 2:22am
If H4 close below 179, we might see Bearish Engulfing.
  • #122,058
  • Oct 14, 2008 2:27am Oct 14, 2008 2:27am
Quoting moneybookers
what's your DP level?
174.40

shorting at these levels is kinda risky, this might decided to reverse back up at any given time. right now, i think it's bteter to wait for a good retracement, then ride it for another rally.
  • #122,059
  • Oct 14, 2008 2:33am Oct 14, 2008 2:33am
Bearish continuation at H1 UJ chart. When UJ start falling, GJ will died first.
  • #122,060
  • Oct 14, 2008 2:39am Oct 14, 2008 2:39am
Quoting lilmoe
174.40

shorting at these levels is kinda risky, this might decided to reverse back up at any given time. right now, i think it's bteter to wait for a good retracement, then ride it for another rally.
buy low sell high or sell high buy low
if we can see this level 17440,may long
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