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

  • #137,061
  • Nov 16, 2008 10:44pm Nov 16, 2008 10:44pm
I will prefer to wait for a fresh entry to long
  • #137,062
  • Nov 16, 2008 10:50pm Nov 16, 2008 10:50pm
Apparently ,the existing wave reach 5th at 144.10 & some retracement due but still can't neglect the bull power at this stages & will wait for any trades open till fully break.

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #137,063
  • Nov 16, 2008 10:51pm Nov 16, 2008 10:51pm
Quoting forexlion
I will prefer to wait for a fresh entry to long
141.80 - 142.00

edit : if price get's rejected there of course.
Discipline + Patience - Fear - Greed = Success
  • #137,064
  • Nov 16, 2008 10:51pm Nov 16, 2008 10:51pm
Quoting fontu
Apparently ,the existing wave reach 5th at 144.10 & some retracement due but still can't neglect the bull power at this stages & will wait for any trades open till fully break.

fontu
?
  • #137,065
  • Nov 16, 2008 10:58pm Nov 16, 2008 10:58pm
Im buying dips unless we break below 140.4 or 139. Depends on how things look if we get down there.

B
  • #137,066
  • Nov 16, 2008 10:58pm Nov 16, 2008 10:58pm
Quoting arezab
141.80 - 142.00

edit : if price get's rejected there of course.
Thanks, the trend is obviously Up right now, just need this thing to dip a bit.

Its better to spend time listening to an online radio than worrying for a fresh entry long
http://ww.smashits.com/player/ra/cha...p?StationID=23



I am waiting for this to turn back up
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  • #137,067
  • Nov 16, 2008 10:59pm Nov 16, 2008 10:59pm
Dont enter the markets thinking its bull or bear till confirmed
No definite close above the trendline for confirming bulls are out.
This could lead to rapid sell off at this point going for a low.
Gap is closed wait and watch for confirmation before you enter
I am still bearish biased untill there is definite break of the trendline above.
Expecting a DOJI and sell off to occur at this point!
Wish you all the best

Regards
Simple
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  • #137,068
  • Nov 16, 2008 11:01pm Nov 16, 2008 11:01pm
Quoting pkimnyc
?
wait till break the tl at 143.13.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #137,069
  • Nov 16, 2008 11:02pm Nov 16, 2008 11:02pm
closed all short 143.40 for now
Blogging daily now at www.volume.zone
  • #137,070
  • Nov 16, 2008 11:03pm Nov 16, 2008 11:03pm
Quoting malcolmb14
closed all short 143.40 for now
good job

i hate that weekly line
  • #137,071
  • Nov 16, 2008 11:07pm Nov 16, 2008 11:07pm
Quoting forexlion
good job

i hate that weekly line

taking small long soon 143.38 is support right now maybe long zone .. for move to 144.7
Blogging daily now at www.volume.zone
  • #137,072
  • Nov 16, 2008 11:13pm Nov 16, 2008 11:13pm
Quoting malcolmb14
taking small long soon 143.38 is support right now maybe long zone .. for move to 144.7
me too
  • #137,073
  • Nov 16, 2008 11:15pm Nov 16, 2008 11:15pm
this long will go longer to 144.96 resistance

610 pips from the daily low, last week
  • #137,074
  • Nov 16, 2008 11:18pm Nov 16, 2008 11:18pm
Quoting forexlion
this long will go longer to 144.96 resistance

610 pips from the daily low, last week


according to fib extensions ...

144.7 , then 145.67
Blogging daily now at www.volume.zone
  • #137,075
  • Nov 16, 2008 11:20pm Nov 16, 2008 11:20pm
lower tl break
  • #137,076
  • Nov 16, 2008 11:20pm Nov 16, 2008 11:20pm
Quoting forexlion
me too
out my short .. the 3min vol on the up move 143.83 was trap
Blogging daily now at www.volume.zone
  • #137,077
  • Nov 16, 2008 11:20pm Nov 16, 2008 11:20pm
Quoting malcolmb14
according to fib extensions ...

144.7 , then 145.67
well i got stopped out there
  • #137,078
  • Nov 16, 2008 11:23pm Nov 16, 2008 11:23pm
Quoting malcolmb14
out my short .. the 3min vol on the up move 143.83 was trap
dang
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  • #137,079
  • Nov 16, 2008 11:25pm Nov 16, 2008 11:25pm
Quoting forexlion
dang

lets see if 143 holds


this could be milky bar kid and forexlion shake out .... lol
Blogging daily now at www.volume.zone
  • #137,080
  • Nov 16, 2008 11:26pm Nov 16, 2008 11:26pm
Quoting Simpleforex
Dont enter the markets thinking its bull or bear till confirmed
No definite close above the trendline for confirming bulls are out.
This could lead to rapid sell off at this point going for a low.
Gap is closed wait and watch for confirmation before you enter
I am still bearish biased untill there is definite break of the trendline above.
Expecting a DOJI and sell off to occur at this point!
Wish you all the best

Regards
Simple
This rapid move was i talking abt
All bears waiting at that trendline to enter ..
Lol..Lets see how this one plays out!
looking at 142.56 first and then lower

Regards
Simple
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