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

  • #123,941
  • Oct 21, 2008 1:36am Oct 21, 2008 1:36am
Look at GU 1h chart, we have a nice bear flag, wait for the BO (BreakOut)
Trade what you see, not what you think.
  • #123,942
  • Oct 21, 2008 1:36am Oct 21, 2008 1:36am
Quoting karmostaji
Patience my friend
  • #123,943
  • Oct 21, 2008 1:44am Oct 21, 2008 1:44am
He has the right to criticize who has the heart to help. Abraham Lincoln
  • #123,944
  • Oct 21, 2008 1:47am Oct 21, 2008 1:47am
A chart 4 U ...

This is my perspective ... Price below Gann (H1 & H4) and below 50 SMA and 200EMA, RSI below 40, CCI below 0 level, stoch pointing down.

So everything is screaming for short pretty nicely but if I see a sound bounce from yellow circle area then I'll go long targeting 178.00 (a lower high) before down.
Attached Image (click to enlarge)
Click to Enlarge Name: gj h1.gif Size: 26 KB
Discipline + Patience - Fear - Greed = Success
  • #123,945
  • Oct 21, 2008 1:47am Oct 21, 2008 1:47am
I'm riding this all the way to 166 and lower

Patience is key
Trade what you see, not what you think.
  • #123,946
  • Oct 21, 2008 1:50am Oct 21, 2008 1:50am
Quoting karmostaji
I'm riding this all the way to 166 and lower

Patience is key
  • #123,947
  • Oct 21, 2008 1:52am Oct 21, 2008 1:52am
Quoting android
Maybe I was just born thick-skulled, but I really don't understand your language of riddles. Why not speak plainly?
if you do not follow my posts in sequence then you have to be thick skulled to get the meaning of a random post.

i had a trade which met trailing sl and closed.
  • #123,948
  • Oct 21, 2008 1:53am Oct 21, 2008 1:53am
i think we're stuck on a neckline, when it breaks we should tank hard and fast.
  • #123,949
  • Oct 21, 2008 1:54am Oct 21, 2008 1:54am
Quoting karmostaji
I'm riding this all the way to 166 and lower

Patience is key
Nice call as always bro - I'm with u on this one. . .
172.50 1st stop. . .
  • #123,950
  • Oct 21, 2008 1:56am Oct 21, 2008 1:56am
Quoting quecee5

Is this the undwinding of the Carry trade you mentioned?
  • #123,951
  • Oct 21, 2008 1:57am Oct 21, 2008 1:57am
The Daily QQE crossed up last week but price was unable to close above daily gann, this is a big indication of bearish continuation, and the 4h just screams short big time, so I'm expecting a huge bearish move today/tomorrow/after tomorrow and we should see a new low..

Trade wisely and use a stop-loss
Trade what you see, not what you think.
  • #123,952
  • Oct 21, 2008 1:58am Oct 21, 2008 1:58am
Quoting lilmoe
i think we're stuck on a neckline, when it breaks we should tank hard and fast.
post a chart my friend
Trade what you see, not what you think.
  • #123,953
  • Oct 21, 2008 2:01am Oct 21, 2008 2:01am
UJ closed below Daily S1 101.50
GU broke the bear flag to the downside

Expect more bearishness for GJ
Trade what you see, not what you think.
  • #123,954
  • Oct 21, 2008 2:02am Oct 21, 2008 2:02am
Quoting karmostaji
The Daily QQE crossed up last week but price was unable to close above daily gann, this is a big indication of bearish continuation, and the 4h just screams short big time, so I'm expecting a huge bearish move today/tomorrow/after tomorrow and we should see a new low..

Trade wisely and use a stop-loss
I see you are not scalping anymore my friend ...
Discipline + Patience - Fear - Greed = Success
  • #123,955
  • Oct 21, 2008 2:02am Oct 21, 2008 2:02am
Quoting karmostaji
post a chart my friend
Attached Image (click to enlarge)
Click to Enlarge Name: gj_1h.gif Size: 13 KB
  • #123,956
  • Oct 21, 2008 2:09am Oct 21, 2008 2:09am
Quoting karmostaji
UJ closed below Daily S1 101.50
GU broke the bear flag to the downside

Expect more bearishness for GJ

THANKS You saved my day
  • #123,957
  • Oct 21, 2008 2:09am Oct 21, 2008 2:09am
Quoting dreed
Is this the undwinding of the Carry trade you mentioned?
If we see it start to move faster watch out below as Karmo said. . .
  • #123,958
  • Oct 21, 2008 2:09am Oct 21, 2008 2:09am
Quoting karmostaji
I follow my charts.
U da man!!!

Nice call earlier!!!
  • #123,959
  • Oct 21, 2008 2:11am Oct 21, 2008 2:11am
Below 172.50 say hello to 170 area. . .
  • #123,960
  • Oct 21, 2008 2:11am Oct 21, 2008 2:11am
Quoting fxinthesun
THANKS You saved my day
i hope your girl doesn't beat you now for not buying her jewelery.
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