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

  • #142,581
  • Nov 25, 2008 8:22am Nov 25, 2008 8:22am
We are currently at a critical area. 4hr 100sma, is it going to break? or is it going form a triple top? let's see..it's best to book partial profits as we go.
Learning never ends.
  • #142,582
  • Nov 25, 2008 8:23am Nov 25, 2008 8:23am
Quoting Petefaders
Sorry to be off topic, but for good reason. Check out that double top on the USD/CAD Daily chart!! ...I'm in.
Oh yes, I was short from the top, at the daily pivot..I got chicken and closed it too early though.
Learning never ends.
  • #142,583
  • Nov 25, 2008 8:23am Nov 25, 2008 8:23am
congrats to You as well to the once who made it!!!!!
I am on the sideways NOW, 148 is on the way..see what is gonna happen.
Quoting kasprouch
Hey man, 5m and 15m went bullish, and 1h, whilst remaining bearish corrected above the trendline...

Was risky to take from the bottom, as it was against the bigger trend, but sh!t did it pay off for those who took it.
  • #142,584
  • Nov 25, 2008 8:24am Nov 25, 2008 8:24am
Quoting Petefaders
closed most of my longs for hyper pips!! too afraid of a bounce down from here.

I did the same thing.... How far down, do you think we will go.
  • #142,585
  • Nov 25, 2008 8:26am Nov 25, 2008 8:26am
Quoting dreed
I did the same thing.... How far down, do you think we will go.
prob not far. I'm looking to re-enter on a signal.
  • #142,586
  • Nov 25, 2008 8:29am Nov 25, 2008 8:29am
Dow Futures got to yesterday's high at the 8600 level - now lets see what happens when the pit opens in 30 seconds.....
Trading Levels with WRBs
  • #142,587
  • Nov 25, 2008 8:39am Nov 25, 2008 8:39am
wow.. drop 100pips
  • #142,588
  • Nov 25, 2008 8:40am Nov 25, 2008 8:40am
Hourly candle needs to close above 147 for bull to have any chance of breaking through.
  • #142,589
  • Nov 25, 2008 8:44am Nov 25, 2008 8:44am
Price above H1 n H4 Gann.
15mins strategy pointing Bullish singnal.
Technical analysis shows there's a bullish flag.

If all evidence support me. Will go to 149. Least
Read the entire market, money is made on the main trend not the fluctuation
  • #142,590
  • Nov 25, 2008 8:44am Nov 25, 2008 8:44am
Quoting Fiesta_id
wow.. drop 100pips
100 pips is nothing in this market. Lol, funny eh? I remeber when I was happy to see 40 pips for the entire day. The market has changed a lot.
Learning never ends.
  • #142,591
  • Nov 25, 2008 8:46am Nov 25, 2008 8:46am
Quoting toyboy tramp
I'm calling a bottom, welcome to the bull market
So far so good, now Obama just needs to complete his Manhatten project for green energy and we can really hit new highs
Money & Pain Respect the market, protect your capital, be patient
  • #142,592
  • Nov 25, 2008 8:46am Nov 25, 2008 8:46am
Quoting kbrown
100 pips is nothing in this market. Lol, funny eh? I remeber when I was happy to see 40 pips for the entire day. The market has changed a lot.
this might come back when liqduitiy or the bottomforming is over- or we might even see a new monetary system
  • #142,593
  • Nov 25, 2008 8:46am Nov 25, 2008 8:46am
Quoting kbrown
100 pips is nothing in this market. Lol, funny eh? I remeber when I was happy to see 40 pips for the entire day. The market has changed a lot.
yeah..surprising pull back though. glad i'm out atm.
  • #142,594
  • Nov 25, 2008 8:47am Nov 25, 2008 8:47am
Retraces of the last rally are 38 = 146.47; 50 = 145.94 & 61 = 145.42 - all nicely alined with the next 3 sweet spots and 146 is also the 5m 34 ema..that would a great buy IF it bounces.....
Trading Levels with WRBs
  • #142,595
  • Nov 25, 2008 8:49am Nov 25, 2008 8:49am
huh!! what the crazy candles...

anyway do u agree with me that the UT will end now?
  • #142,596
  • Nov 25, 2008 8:50am Nov 25, 2008 8:50am
Quoting Petefaders
yeah..surprising pull back though. glad i'm out atm.
well dollars having a bounce - so GU & EU down and Dow's down a bit so UJ is too.....
Trading Levels with WRBs
  • #142,597
  • Nov 25, 2008 8:57am Nov 25, 2008 8:57am
Quoting $teve
Hourly candle needs to close above 147 for bull to have any chance of breaking through.

If it does not close above 147, you think that the bears will lead us down to the 144 area again?
  • #142,598
  • Nov 25, 2008 8:58am Nov 25, 2008 8:58am
whipsaw mode

careful newbies
  • #142,599
  • Nov 25, 2008 8:58am Nov 25, 2008 8:58am
Tripple TOP and PInbar on 1H...

hmm, that's all for now for BULLS
  • #142,600
  • Nov 25, 2008 9:00am Nov 25, 2008 9:00am
2008.11.25 15:00:11 *US Conference Bd Nov Consumer Confidence 44.9 Vs Oct 38.8
Trading Levels with WRBs
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