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

  • #122,121
  • Oct 14, 2008 8:43am Oct 14, 2008 8:43am
Quoting lilmoe
this bull is unstoppable....
USD/JPY has completed a dayly falling broadening triangle formation. Then dropped a 4hr diamond right on the old broken descending weekly TL, and reversed the down move. I believe it is going UP, and if it manages to get to the UTL of the dayly broadening triangle, that descending one we are trading in right now, then we are likely to expierence a kiss of death - TL break on the 4th touch, according to Igrok. And the last part is that we are in process of building a big, potential reversal diamond on the weekly and its very simetrical.

Not sure if your famylier with such precise TA but hope you get the picture
  • #122,122
  • Oct 14, 2008 8:44am Oct 14, 2008 8:44am
Quoting PJkiller
I just have such a hard time going long up here....lol
but would love to short daily gann mine at 182.09 you guys have same...
Also hourly still has like a tweezer top double inverted hammer formation may play out yet.
i'm seriously getting dizzy...
  • #122,123
  • Oct 14, 2008 8:44am Oct 14, 2008 8:44am
Quoting karmostaji
I see a bull flag on the 5m chart
yes and an abc retrace pattern. lets go all in on a long Karm together we can get this Bi$%# up to the daily gann. lol
Price does what price wants , I just need to be prepared.
  • #122,124
  • Oct 14, 2008 8:45am Oct 14, 2008 8:45am
Quoting karmostaji
102.80 is Resistance level for UJ
38.2 fibo level that will get broken
  • #122,125
  • Oct 14, 2008 8:47am Oct 14, 2008 8:47am
take a look at this guys. DJ reached high second half of 1929, and crashed. Recovered to 294.07 on first half of 1930, then you can see what happened.

We might see history repeat itself very soon.

http://stockcharts.com/charts/histor...a19201940.html

Good you guys are trading. Im just watching the GJ move like it move on normal days. Not massive swings. Phew..feels good to see it's not retarded anymore! For now, I guess.
  • #122,126
  • Oct 14, 2008 8:47am Oct 14, 2008 8:47am
Quoting PJkiller
yes and an abc retrace pattern. lets go all in on a long Karm together we can get this Bi$%# up to the daily gann. lol
Let's do it

I'm going long once the flag breaks..
Trade what you see, not what you think.
  • #122,127
  • Oct 14, 2008 8:50am Oct 14, 2008 8:50am
Quoting karmostaji
Let's do it

I'm going long once the flag breaks..
Are you targeting daily gann or do you like others see possible 184-185? Lilmoe this question for you too. My opinion it wont get there because I think dj dumps mid-day.
Price does what price wants , I just need to be prepared.
  • #122,128
  • Oct 14, 2008 8:53am Oct 14, 2008 8:53am
Quoting PJkiller
Are you targeting daily gann or do you like others see possible 184-185? Lilmoe this question for you too. My opinion it wont get there because I think dj dumps mid-day.
I see 61.8% fibo which is 185.40 but the thing is price closes that high then the Daily will turn bullish for a while, so I don't know really.. lol

I'm just gonna collect my pips as it moves
Trade what you see, not what you think.
  • #122,129
  • Oct 14, 2008 8:54am Oct 14, 2008 8:54am
short again 19
Price does what price wants , I just need to be prepared.
  • #122,130
  • Oct 14, 2008 9:00am Oct 14, 2008 9:00am
manual out at at +21 lol got scarttt lol
Price does what price wants , I just need to be prepared.
  • #122,131
  • Oct 14, 2008 9:02am Oct 14, 2008 9:02am
180 is pretty strong as support since it was fighting with it as resistanc all day... if we break that level downwards, i think we will retrace at least for a retest of 177.8
  • #122,132
  • Oct 14, 2008 9:04am Oct 14, 2008 9:04am
short again 24
Price does what price wants , I just need to be prepared.
  • #122,133
  • Oct 14, 2008 9:04am Oct 14, 2008 9:04am
anyone else getting dizzy?
  • #122,134
  • Oct 14, 2008 9:05am Oct 14, 2008 9:05am
Quoting PJkiller
short again 24
out for 17
Price does what price wants , I just need to be prepared.
  • #122,135
  • Oct 14, 2008 9:05am Oct 14, 2008 9:05am
Quoting PJkiller
short again 24
dude are u in for scalps or trying to catch the top??
  • #122,136
  • Oct 14, 2008 9:06am Oct 14, 2008 9:06am
Quoting PJkiller
out for 17
BLAH BLAH BLAH where has our volitility gone...
Price does what price wants , I just need to be prepared.
  • #122,137
  • Oct 14, 2008 9:07am Oct 14, 2008 9:07am
me 2. lot of 'gang fights ' going on. got in shorts but gone against me so just watching side lines flat

serendipity
Quoting lilmoe
anyone else getting dizzy?
  • #122,138
  • Oct 14, 2008 9:07am Oct 14, 2008 9:07am
Wait 15min candle close above the Gann.

Edit: Whoops down it goes...
  • #122,139
  • Oct 14, 2008 9:11am Oct 14, 2008 9:11am
Quoting lilmoe
dude are u in for scalps or trying to catch the top??
Well was trying to catch a top at first but kept getting stopped out so went with the flow but never went long because I have a classic long rejection on my 1 hour chart and here is my 15 min which is short now...
Attached Image (click to enlarge)
Click to Enlarge Name: gjnow.gif Size: 24 KB
Price does what price wants , I just need to be prepared.
  • #122,140
  • Oct 14, 2008 9:20am Oct 14, 2008 9:20am
hmm
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 25 KB
Trade what you see, not what you think.
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