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

  • #129,601
  • Oct 31, 2008 6:23am Oct 31, 2008 6:23am
sorry to spoil the bull party but until the 154.96 line is not touched forget longs.
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  • #129,602
  • Oct 31, 2008 6:23am Oct 31, 2008 6:23am
hello all, good afternoon.. good evening and good morning

my yesterday's target was reached at 155.55 while I was sleeping

now I'm looking to 159.20 then back again to 156.50

We'll see
  • #129,603
  • Oct 31, 2008 6:24am Oct 31, 2008 6:24am
Here is my chart to illustrate my target points. the flags show resistances , if breached , then continuation of an uptrend is on the way as 5ysfx has indicated:
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I have not failed. I've just found 10,000 ways that won't work -
  • #129,604
  • Oct 31, 2008 6:34am Oct 31, 2008 6:34am
here goes ......
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  • #129,605
  • Oct 31, 2008 6:36am Oct 31, 2008 6:36am
I think we'll see something strange after 10min coz of Chicago PMI..
  • #129,606
  • Oct 31, 2008 6:36am Oct 31, 2008 6:36am
wow this trendline changed within seconds of posting
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  • #129,607
  • Oct 31, 2008 6:38am Oct 31, 2008 6:38am
here is hrly view
unless S1 is destroyed and channel break preasure is down and 4 isnt complete

could be complete now cannot know just yet, probability says NOT YET

be nimble
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"Millionaires don't use astrology, billionaires do"
  • #129,608
  • Oct 31, 2008 6:40am Oct 31, 2008 6:40am
PA is under 4hr 50ema and gann and QQE is about to crossed down.

It will go down, just a matter of time.
Do not follow my trades. Trade what you see on your own charts.
  • #129,609
  • Oct 31, 2008 6:48am Oct 31, 2008 6:48am
Quoting igmak
PA is under 4hr 50ema and gann and QQE is about to crossed down.

It will go down, just a matter of time.

  • #129,610
  • Oct 31, 2008 6:49am Oct 31, 2008 6:49am
Quoting OrionsWay
here is hrly view
unless S1 is destroyed and channel break preasure is down and 4 isnt complete

could be complete now cannot know just yet, probability says NOT YET

be nimble
looking @ the same chart.
  • #129,611
  • Oct 31, 2008 6:51am Oct 31, 2008 6:51am
i am innocent, i did not do anything
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  • #129,612
  • Oct 31, 2008 6:57am Oct 31, 2008 6:57am
we are fighting for death cross
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  • #129,613
  • Oct 31, 2008 7:00am Oct 31, 2008 7:00am
Bernanke speaks in 4 hours...

B
  • #129,614
  • Oct 31, 2008 7:06am Oct 31, 2008 7:06am
Quoting OrionsWay
here is hrly view
unless S1 is destroyed and channel break preasure is down and 4 isnt complete

could be complete now cannot know just yet, probability says NOT YET

be nimble

May I ask how you got those resistances and supports?
I have not failed. I've just found 10,000 ways that won't work -
  • #129,615
  • Oct 31, 2008 7:10am Oct 31, 2008 7:10am
... short targeting 153.00
Discipline + Patience - Fear - Greed = Success
  • #129,616
  • Oct 31, 2008 7:11am Oct 31, 2008 7:11am
Quoting forexlion
i am innocent, i did not do anything
trading the 1m chart is a good thing. but only for scalping and "refining" entries. things change on the 1m chart so fast and rapidly. so be careful trading that TF.

i personally trade it to confirm higher TF 5sma retracements and to add to my positions. 1m and 5m are really good to tell you if a m30 or 1h retracement is due, and if 5sma on higher TFs will hold or not, resuming the midterm trend.

  • #129,617
  • Oct 31, 2008 7:15am Oct 31, 2008 7:15am
Quoting arezab
... short targeting 153.00
nice entry, but be careful if this TL is broken. i also added a short at 159.40 but with a 40 pip SL.

bearish HD on m30, and right at m30's 50ema

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  • #129,618
  • Oct 31, 2008 7:17am Oct 31, 2008 7:17am
Quoting PrisonPlanet
May I ask how you got those resistances and supports?

the program calculates them based on its calculation and EOD time

i really have no idea LOL
"Millionaires don't use astrology, billionaires do"
  • #129,619
  • Oct 31, 2008 7:19am Oct 31, 2008 7:19am
Hi guys, here is my chart. I'm scalping it at the moment and will take it short soon.

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  • #129,620
  • Oct 31, 2008 7:20am Oct 31, 2008 7:20am
GBP/JPY's rise from 139.02 extends further to as high as 165.02 before treating mildly. Intraday outlook is turned neutral for the moment as we'd still expect upside of the rebound to be limited below 165.97 support turned resistance and bring down trend resumption. Below 153.35 will flip intraday bias back to the downside for retesting 139.02 low. Break will indicate recent decline has resumed for 200% projection of 215.87 to 184.47 from 197.42 at 134.62. However, sustained break of 165.97 will argue that a medium term bottom might be in place and put focus to 181.37 resistance.
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