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

  • #142,681
  • Nov 25, 2008 10:45am Nov 25, 2008 10:45am
Quoting arezab
%50 is going to break to the upside ... Long at 145.95 targeting 146.70
Nice Call..

more you laugh.. more pips you will grab.. lol
  • #142,682
  • Nov 25, 2008 10:47am Nov 25, 2008 10:47am
Quoting arezab
%50 is going to break to the upside ... Long at 145.95 targeting 146.70
Ok I'm doing it lilmoe style ... half of my long hit TP other half at b/e+1
Discipline + Patience - Fear - Greed = Success
  • #142,683
  • Nov 25, 2008 10:47am Nov 25, 2008 10:47am
Quoting xoiper
yeah good luck
we ll go to 148 again today or even higher
for once, i do agree with u
  • #142,684
  • Nov 25, 2008 10:48am Nov 25, 2008 10:48am
Quoting Norte
Nice Call..

more you laugh.. more pips you will grab.. lol
Discipline + Patience - Fear - Greed = Success
  • #142,685
  • Nov 25, 2008 10:48am Nov 25, 2008 10:48am
Quoting arezab
Thanks lilmoe Pk and everybody ... I hadn't laughed this much for long time ...
  • #142,686
  • Nov 25, 2008 10:49am Nov 25, 2008 10:49am
Quoting xoiper
i m not calling this bearish trend bottom peaches i just trading short term
just look at weekly bottoms r different we should stay in that area some weeks up and up and down before announcing bottom
yes, bouncing is very possible, after such a big drop in the last month.

I will not call a bottom, until is see a successfull weekly bullish pattern
  • #142,687
  • Nov 25, 2008 10:49am Nov 25, 2008 10:49am
Quoting Yaad
I'm getting nauseous

up, down, up, down

yep, times like these you take your profit and run!!!
Learning never ends.
  • #142,688
  • Nov 25, 2008 10:50am Nov 25, 2008 10:50am
Quoting peaches
I just wanted to spot, why price has a problem to break through
this level. After a break downward on the monthly, now its pretty hard to break this as a resistance. But if done, geppy might fly free
I think it is a possibility my friend. Market is showing positive activity since 137 .. let's see how it plays out.
Discipline + Patience - Fear - Greed = Success
  • #142,689
  • Nov 25, 2008 10:53am Nov 25, 2008 10:53am
looking at the longer time frames gives me clarity n the bigger picture.


Aqua colored 100 sma and 38 fib has provided resistance. Once finally broken look for Geppy to soar.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: geppy 4 hour 3.gif Size: 26 KB
  • #142,690
  • Nov 25, 2008 10:57am Nov 25, 2008 10:57am
Quoting ovaforty
looking at the longer time frames gives me clarity n the bigger picture.


Aqua colored 100 sma and 38 fib has provided resistance. Once finally broken look for Geppy to soar.
That is right I see 98.00 for UJ this time.
Discipline + Patience - Fear - Greed = Success
  • #142,691
  • Nov 25, 2008 10:57am Nov 25, 2008 10:57am
Quoting ovaforty
looking at the longer time frames gives me clarity n the bigger picture.


Aqua colored 100 sma and 38 fib has provided resistance. Once finally broken look for Geppy to soar.
might make a flipped over shampoo.
  • #142,692
  • Nov 25, 2008 10:58am Nov 25, 2008 10:58am
Quoting arezab
I think it is a possibility my friend. Market is showing positive activity since 137 .. let's see how it plays out.
well...

I donīt know what other traders see, but with my small knowledge about pattern , I see a high reliable daily bullish reversal pattern, a three outside up:

http://www.candlesticker.com/Cs62.asp

It is build of the daily candles from thursday, friday and monday.

Maybe other traders see this different, but...in my eye, this is a pattern, which is only hold down by the 100 % monthly fibo-level (148.20) atm.

Lets see how this develops
Attached Image (click to enlarge)
Click to Enlarge Name: geppy.gif Size: 16 KB
  • #142,693
  • Nov 25, 2008 10:59am Nov 25, 2008 10:59am
Now that cable has made it into the channel, any downside should be limited to the lower red trend line. We'll see how it plays out.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 26 KB
  • #142,694
  • Nov 25, 2008 11:06am Nov 25, 2008 11:06am
Quoting forexer
S/L is set wide at 148.30 this is aggressive trade

there is strong indicators that up momentum is diminishing and bears are about to set fire to bulls
I always knew that someday I would make it big
  • #142,695
  • Nov 25, 2008 11:07am Nov 25, 2008 11:07am
On this daily chart we can easily see the green 22 sma providing resistance, along with the 38 fib. Until this is broken, we will have consolidation.
Attached Image (click to enlarge)
Click to Enlarge Name: geppy daily 3.gif Size: 23 KB
  • #142,696
  • Nov 25, 2008 11:08am Nov 25, 2008 11:08am
Quoting forexer
there is strong indicators that up momentum is diminishing and bears are about to set fire to bulls
Not today.....
  • #142,697
  • Nov 25, 2008 11:08am Nov 25, 2008 11:08am
Quoting xoiper
yeah good luck
we ll go to 148 again today or even higher
I am in bull camp ..

BUT 4 hour says to me loads of sellers in 148 zone.

DJ is not going to rally higher today at the moment as it is under its open range and i am selling it , so up move would not be driven by UJ.

The 4 hour cup formed a handle , the handle broke out and met strong selling.

The bullish pattern is quickly turning bearish as clearly from PA there is nothing to push it through 148 , also look at spinning doji thingy ..... nto that good at candle names but know what they mean when i see them and right now 4 hr says sell the rallies on 5 min


Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 21 KB
Blogging daily now at www.volume.zone
  • #142,698
  • Nov 25, 2008 11:10am Nov 25, 2008 11:10am
Quoting GodfreyH
Now that cable has made it into the channel, any downside should be limited to the lower red trend line. We'll see how it plays out.
GU breaking resistance is a another bullish sign for GJ. I think if the dow closes up around 100 points today, UJ will finally go north bringing GJ with it breaking resistance at 148. If the dow closes in red, GJ will probably test the 4h 50ema again and will range between 145 and 147.
  • #142,699
  • Nov 25, 2008 11:11am Nov 25, 2008 11:11am
Consolidation, until breakout....
  • #142,700
  • Nov 25, 2008 11:13am Nov 25, 2008 11:13am
how much i love this beast when it give me money and when it take it back either way is funny to me
I always knew that someday I would make it big
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