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

  • #127,841
  • Oct 28, 2008 10:16pm Oct 28, 2008 10:16pm
rumours of rate cut on yen

http://www.marketwatch.com/news/stor...BBF9F080AEF%7D
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  • #127,842
  • Oct 28, 2008 10:17pm Oct 28, 2008 10:17pm
This rumor came out during the NY session yesterday...
  • #127,843
  • Oct 28, 2008 10:18pm Oct 28, 2008 10:18pm
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 28, 2008 10:19pm Oct 28, 2008 10:19pm
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 28, 2008 10:20pm Oct 28, 2008 10:20pm
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 28, 2008 10:21pm Oct 28, 2008 10:21pm
153.50 resistance. lets see what happens here
  • #127,847
  • Oct 28, 2008 10:23pm Oct 28, 2008 10:23pm
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 28, 2008 10:24pm Oct 28, 2008 10:24pm
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 28, 2008 10:24pm Oct 28, 2008 10:24pm
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 28, 2008 10:29pm Oct 28, 2008 10:29pm
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 28, 2008 10:30pm Oct 28, 2008 10:30pm
Violation of the 15min bull flag?
  • #127,852
  • Oct 28, 2008 10:31pm Oct 28, 2008 10:31pm
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 28, 2008 10:33pm Oct 28, 2008 10:33pm
`153.67 long .. kids do not try this at home....tight stop
Blogging daily now at www.volume.zone
  • #127,854
  • Oct 28, 2008 10:33pm Oct 28, 2008 10:33pm
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 28, 2008 10:35pm Oct 28, 2008 10:35pm
Im not gonna go long till it breaks the downtrend consildation, on the 15min chart
  • #127,856
  • Oct 28, 2008 10:39pm Oct 28, 2008 10:39pm
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 28, 2008 10:40pm Oct 28, 2008 10:40pm
Quoting malcolmb14
`153.67 long .. kids do not try this at home....tight stop
Ballz out M!
  • #127,858
  • Oct 28, 2008 10:41pm Oct 28, 2008 10:41pm
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 28, 2008 10:41pm Oct 28, 2008 10:41pm
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 28, 2008 10:42pm Oct 28, 2008 10:42pm
Dow futures just spiked up 60-70 points in a few seconds.. weird
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