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

  • #127,841
  • Oct 29, 2008 12:16am Oct 29, 2008 12:16am
rumours of rate cut on yen

http://www.marketwatch.com/news/stor...BBF9F080AEF%7D
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  • #127,842
  • Oct 29, 2008 12:17am Oct 29, 2008 12:17am
This rumor came out during the NY session yesterday...
  • #127,843
  • Oct 29, 2008 12:18am Oct 29, 2008 12:18am
Quoting malcolmb14
rumours of rate cut on yen

http://www.marketwatch.com/news/stor...BBF9F080AEF%7D

so if rate cut happens and it is big enough than we should see the 160 to 165 we missed earier

yeah?
  • #127,844
  • Oct 29, 2008 12:19am Oct 29, 2008 12:19am
Price is in a kinda big bull-flag, look at the 15m chart

Remember price is still above 4h gann, if the bull flag breaks we might see 159 again and maybe 61.8% fibo at 163.8 but if it goes below 1h 50ema then I don't know what will stop the beast from diving down.
Trade what you see, not what you think.
  • #127,845
  • Oct 29, 2008 12:20am Oct 29, 2008 12:20am
Quoting karmostaji
Price is in a kinda big bull-flag, look at the 15m chart

Remember price is still above 4h gann, if the bull flag breaks we might see 159 again and maybe 61.8% fibo at 163.8 but if it goes below 1h 50ema then I don't know what will stop the beast from diving down.



not might ... will I have 160 / 161 and 164 as upside targets if flag breaks
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  • #127,846
  • Oct 29, 2008 12:21am Oct 29, 2008 12:21am
153.50 resistance. lets see what happens here
  • #127,847
  • Oct 29, 2008 12:23am Oct 29, 2008 12:23am
Quoting malcolmb14
not might ... will I have 160 / 161 and 164 as upside targets if flag breaks
[/b]
DP should stop the bears

The chart looks bullish to me too
Trade what you see, not what you think.
  • #127,848
  • Oct 29, 2008 12:24am Oct 29, 2008 12:24am
Quoting malcolmb14
not might ... will I have 160 / 161 and 164 as upside targets if flag breaks
[/b]
i thought u went to bed
  • #127,849
  • Oct 29, 2008 12:24am Oct 29, 2008 12:24am
Price seems to be consolidating downward to about 153. From there its gonna break, question is is it gonna be up or down?
  • #127,850
  • Oct 29, 2008 12:29am Oct 29, 2008 12:29am
Quoting rogerdoger
i thought u went to bed
this is a recording .... malcolm is sleeping right now .... lol
Blogging daily now at www.volume.zone
  • #127,851
  • Oct 29, 2008 12:30am Oct 29, 2008 12:30am
Violation of the 15min bull flag?
  • #127,852
  • Oct 29, 2008 12:31am Oct 29, 2008 12:31am
Quoting karmostaji
DP should stop the bears

The chart looks bullish to me too
DP is 153.39 and price just touched it, it should hold IMO

let's watch.
Trade what you see, not what you think.
  • #127,853
  • Oct 29, 2008 12:33am Oct 29, 2008 12:33am
`153.67 long .. kids do not try this at home....tight stop
Blogging daily now at www.volume.zone
  • #127,854
  • Oct 29, 2008 12:33am Oct 29, 2008 12:33am
Quoting malcolmb14
`153.67 long .. kids do not try this at home....tight stop
Hahahah @ do not try this at home

for a sec I thought I was watching wrestling
Trade what you see, not what you think.
  • #127,855
  • Oct 29, 2008 12:35am Oct 29, 2008 12:35am
Im not gonna go long till it breaks the downtrend consildation, on the 15min chart
  • #127,856
  • Oct 29, 2008 12:39am Oct 29, 2008 12:39am
you mean 155.05 break above?


Quoting Nauth
Im not gonna go long till it breaks the downtrend consildation, on the 15min chart
  • #127,857
  • Oct 29, 2008 12:40am Oct 29, 2008 12:40am
Quoting malcolmb14
`153.67 long .. kids do not try this at home....tight stop
Ballz out M!
  • #127,858
  • Oct 29, 2008 12:41am Oct 29, 2008 12:41am
Quoting Nauth
Im not gonna go long till it breaks the downtrend consildation, on the 15min chart

I am a bottom picker .. and a nose picker ....
Blogging daily now at www.volume.zone
  • #127,859
  • Oct 29, 2008 12:41am Oct 29, 2008 12:41am
Quoting karmostaji
Price is in a kinda big bull-flag, look at the 15m chart

Remember price is still above 4h gann, if the bull flag breaks we might see 159 again and maybe 61.8% fibo at 163.8 but if it goes below 1h 50ema then I don't know what will stop the beast from diving down.
Whats your setting for Gann Hi LO on 1H chart 5 OR 10.AND ALSO ON 30m. please Thanks. I have set period 5 on every TF, whats best.?
Markets are not Random, they are designed!
  • #127,860
  • Oct 29, 2008 12:42am Oct 29, 2008 12:42am
Dow futures just spiked up 60-70 points in a few seconds.. weird
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