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

  • #136,361
  • Nov 13, 2008 11:02pm Nov 13, 2008 11:02pm
Quoting forexlion
I opened a short for 142.25 on 30 min charts
shucks, SL hit
  • #136,362
  • Nov 13, 2008 11:03pm Nov 13, 2008 11:03pm
i got a bull half signal on the 5m. 15m still leaning down.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #136,363
  • Nov 13, 2008 11:05pm Nov 13, 2008 11:05pm
Quoting forexlion
shucks, SL hit
don't feel like being brave?
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #136,364
  • Nov 13, 2008 11:06pm Nov 13, 2008 11:06pm
Do we have a quasimodo shampoo developing on the 30m maybe? little lopsided .. like it ran into the 15m 200sma too soon.
Attached Image
FUBAR...
  • #136,365
  • Nov 13, 2008 11:07pm Nov 13, 2008 11:07pm
i'm guessing 144.50 will be our short term resistance point.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #136,366
  • Nov 13, 2008 11:07pm Nov 13, 2008 11:07pm
Quoting forexlion
shucks, SL hit
Yup, my SL was hit also and a long was filled at 143.961. And closed in profit, 144.090

Yup, Beast is drunk, staggering sideways....

  • #136,367
  • Nov 13, 2008 11:08pm Nov 13, 2008 11:08pm
Really, chump moves compared to what the Beast can really do!!!!
  • #136,368
  • Nov 13, 2008 11:09pm Nov 13, 2008 11:09pm
Quoting england33
don't feel like being brave?
not till it breaks the 50 ema again
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  • #136,369
  • Nov 13, 2008 11:09pm Nov 13, 2008 11:09pm
forexlion u r serious or joking?
Quoting forexlion
shucks, SL hit
  • #136,370
  • Nov 13, 2008 11:13pm Nov 13, 2008 11:13pm
Quoting Serendipity
forexlion u r serious or joking?
I took it as serious. Well, I was serious on my positions.


Was the Lion serious?
  • #136,371
  • Nov 13, 2008 11:15pm Nov 13, 2008 11:15pm
ok i think were right at support. thanks for chart fxlion..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #136,372
  • Nov 13, 2008 11:15pm Nov 13, 2008 11:15pm
Looks like we have a broken bear flag on the 5 min chart, price is testing it again now.

GU has a shampoo formation on the 30 min, DHLC on the 1 hr and UJ is toying with a 38.2 fib level.

I think we may see GJ test the 50-61.8 fib of the 4 hr outside bar around the 142-141.50 area if the bear flag breaks and we get through DP. Will look to long around here.

Nope, she's back in the bear flag again
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  • #136,373
  • Nov 13, 2008 11:21pm Nov 13, 2008 11:21pm
my 5m bull half signal is breaking down. i think we go down to 143 but i'm not playing it just a hunch..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #136,374
  • Nov 13, 2008 11:21pm Nov 13, 2008 11:21pm
Quoting Scrat
unbelievable. as soon as we started hitting new lows, price bounced back more than 700 pips. they never cease to amaze me. clear manipulation.
i am not buying into this and i advise newbies to stay away and observe. i do believe the trend IS bearish and IT WILL STAY bearish no matter what tricks big boys are pulling out of their asses. i will patiently wait for this rally to end and then i will short this beast again, and again, and again... until i see signs that downtrend has ended and uptrend has begin - in which case i will add...
agreed 1000%
Trade what you see, not what you think.
  • #136,375
  • Nov 13, 2008 11:21pm Nov 13, 2008 11:21pm
Quoting Serendipity
forexlion u r serious or joking?
not this time, -12 on that trade
  • #136,376
  • Nov 13, 2008 11:26pm Nov 13, 2008 11:26pm
Quoting Pips_Cruiser
This is my second '57, but sold the first one. I really like 'em. Lots of good memories . . .
Very cool car pips cruiser! I remember 25 years ago when you could still pick up a nice coupe with a transplanted 396 for $2k-2.5k. I had one for a short time, but needed the money and sold it. They are great memories......
Just when you think you've figured it all out, the picture changes....
  • #136,377
  • Nov 13, 2008 11:28pm Nov 13, 2008 11:28pm
surprisingly there's some bid on the pound..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #136,378
  • Nov 13, 2008 11:30pm Nov 13, 2008 11:30pm
just before i go to bed.
drew every possible TL i can think of.
none of them has broken so far.
if we are to go upstairs then it sure looks like there's a lot of woods to chop, wouldn't you say?

just food for thought...

gn everyone.
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  • #136,379
  • Nov 13, 2008 11:47pm Nov 13, 2008 11:47pm
simple answer from weekly candlestick point of view:

Even if price would make it till 154 or 155, we would still have a
weekly bearish hanging man pattern.

A true bullish bias would appear if we have a
weekly close (this week !) above 165-167 area, because
in this case last weeks neutral candle would be broken.

No, I `am watching reaction of the price in the 4 h triangel i marked,
between the yellow and red line.

Maybe we will see a choppy end of this week depending on the dow,
or a black friday, if it crashes below 8000.

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  • #136,380
  • Nov 13, 2008 11:47pm Nov 13, 2008 11:47pm
The rally yesterday was just pure BS, manipulation, whatever you want to call it.

I don't see no strong bullish signs on 4h, price can't even get above 4h gann but 4h QQE has crossed, that's a good sign for big bearish continuation.

If you guys remember the other day I said we will have a bounce off 139 first, i wasn't expecting this much though, but then I said it will eventually break.

Now, if 1h QQE crosses down and 1h candle closes below 1h gann and DP, I'll short.

The party is not over until I see a strong bullish sign on 4h/Daily chart.
Trade what you see, not what you think.
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