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

  • #134,581
  • Nov 11, 2008 11:02am Nov 11, 2008 11:02am
We should see more downside as long as 151-151.5 resists

I'll be back later, enjoy the green pips
Trade what you see, not what you think.
  • #134,582
  • Nov 11, 2008 11:05am Nov 11, 2008 11:05am
Quoting malcolmb14
we all having fun today ...

awesome day again ....

those trying to scalp the beast in last 2 hours may have had head handed to them by Karmo the samurai bull slayer .... one of those days with an over all down move and then 50 pip up moves and now we are in flag , which is all over the place.

be patient today and wait for the perfect trade .. otherwise expect to give your money to your broker.
PA has been merciless
Money & Pain Respect the market, protect your capital, be patient
  • #134,583
  • Nov 11, 2008 11:12am Nov 11, 2008 11:12am
TANK????
  • #134,584
  • Nov 11, 2008 11:13am Nov 11, 2008 11:13am
Quoting karmostaji
We should see more downside as long as 151-151.5 resists

I'll be back later, enjoy the green pips
thanks karmo.
  • #134,585
  • Nov 11, 2008 11:14am Nov 11, 2008 11:14am
Quoting meltz
TANK????
Please.
"Don't trade to trade . . . trade to win." - James16
  • #134,586
  • Nov 11, 2008 11:18am Nov 11, 2008 11:18am
What's funny is that some here are literally collecting pips from their fellow posters
Patience + Humility + Study = Success
  • #134,587
  • Nov 11, 2008 11:25am Nov 11, 2008 11:25am
Quoting DutchTrader
What's funny is that some here are literally collecting pips from their fellow posters
Can I have mine back then? they are the green ones....
  • #134,588
  • Nov 11, 2008 11:36am Nov 11, 2008 11:36am
today has so far been red for me...hope to make it throgh 2moro.....
  • #134,589
  • Nov 11, 2008 11:39am Nov 11, 2008 11:39am
Quoting DutchTrader
What's funny is that some here are literally collecting pips from their fellow posters
How true, how true! LOL
  • #134,590
  • Nov 11, 2008 11:46am Nov 11, 2008 11:46am
Quoting DutchTrader
What's funny is that some here are literally collecting tits from their fellow posters
  • #134,591
  • Nov 11, 2008 11:48am Nov 11, 2008 11:48am
guppy. continuation pattern spotted on 15 min chart.
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  • #134,592
  • Nov 11, 2008 11:52am Nov 11, 2008 11:52am
I think we may see a run up to the 152.50 region to test as resistance. If so, I would begin shorting here.

Disclaimer: I already covered my shorts and will not be going long in anticipation of such a move to 152.50
check out my blog: forexmademillionaire dot com
  • #134,593
  • Nov 11, 2008 11:52am Nov 11, 2008 11:52am
Quoting pkimnyc
guppy. continuation pattern spotted on 15 min chart.
Yes, you are correct. Still wait for the best entry short moment
  • #134,594
  • Nov 11, 2008 11:55am Nov 11, 2008 11:55am
Quoting albashir
today has so far been red for me...hope to make it throgh 2moro.....
If it does not go up from here to retest 152 area, there is a chance at 148.90
but for sure a bull bounce from monthly fibo at 148.20.

Monthly fibo lines are very strong.

sorry, but bears have just awake on my charts.
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  • #134,595
  • Nov 11, 2008 11:55am Nov 11, 2008 11:55am
symmetrical triangle formation on 1m .. break of 150.25 or 150.75 sets direction .. with a 120 pip move
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  • #134,596
  • Nov 11, 2008 11:59am Nov 11, 2008 11:59am
price ready to big move triangle was shaped . up or down?
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  • #134,597
  • Nov 11, 2008 12:08pm Nov 11, 2008 12:08pm
Quoting peyman
price ready to big move triangle was shaped . up or down?
Seems to be breaking on the upside.
  • #134,598
  • Nov 11, 2008 12:11pm Nov 11, 2008 12:11pm
I think breaking the 150.93 (ema50 m5 and S1) need to confirm up movment
  • #134,599
  • Nov 11, 2008 12:17pm Nov 11, 2008 12:17pm
What signal are you guys looking for to short this, area? I see some posts on retrace to 152?
Dr. C
  • #134,600
  • Nov 11, 2008 12:20pm Nov 11, 2008 12:20pm
Maybe it will goes sideway, until dow close, maybe until asia open....

Volume has been going low during this time in the past days.
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