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

  • #146,881
  • Dec 7, 2008 3:11pm Dec 7, 2008 3:11pm
Quoting Scrat
man, would you stop posting charts!!! big brother is watching us .
let em watch they can't do anything that isn't already going to happen.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #146,882
  • Edited 3:27pm Dec 7, 2008 3:14pm | Edited 3:27pm
Quoting Dr.Geppynius
u do not take the selloff from mo-fr session end into consideration
compared to that little long reload on friday to come back to highs, the amount is pretty tiny and with fridays session end happenings something knocked heavily on our head from above

gapup would also be nice and adds to the plan.

fact is, those shorts need to be unloaded.

Yes monday sell of is the key to the unfoldment we have now, with trpl bottom at 50% only to find no supply

I think we will test 9430-9520 area and if we break through there were on our way to 11000 to start our next major advance lower for final leg and bottom some time out into the futre though

But who knws its all bullshit till it happens anyways isnt it LOL
"Millionaires don't use astrology, billionaires do"
  • #146,883
  • Dec 7, 2008 3:14pm Dec 7, 2008 3:14pm
Quoting Dr.Geppynius
big brokher?
or, big bother?
  • #146,884
  • Dec 7, 2008 3:17pm Dec 7, 2008 3:17pm
Quoting quecee5
My working chart for this week. . .

newbie question
why you think that we will break september trend line from your chart and we will go to 148?

my target was before around 121-122 and i'm not sure now that should close my position if price will back to 132 (and reopen) or should wait for 122

thanks
  • #146,885
  • Dec 7, 2008 3:25pm Dec 7, 2008 3:25pm
Price will bounce off the 136.50 or 135.90 back up to retest the high, +/- 40 pips. Will break and go to 138.45 or bounce to 135.85.
Attached Image(s) (click to enlarge)
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peace and love
  • #146,886
  • Dec 7, 2008 3:52pm Dec 7, 2008 3:52pm
Quoting OrionsWay
Yes monday sell of is the key to the unfoldment we have now, with trpl bottom at 50% only to find no supply

I think we will test 9430-9520 area and if we break through there were on our way to 11000 to start our next major advance lower for final leg and bottom some time out into the futre though

But who knows its all bullshit till it happens anyways isnt it LOL
Could not agree more. . .
  • #146,887
  • Dec 7, 2008 3:58pm Dec 7, 2008 3:58pm
Quoting pawe26
newbie question
why you think that we will break september trend line from your chart and we will go to 148?

my target was before around 121-122 and i'm not sure now that should close my position if price will back to 132 (and reopen) or should wait for 122

thanks
Nope - not until we see 132 support hit 1st. . . However, I do see a test of 138.30 resistance. . . Here will be the BIG CLUE - if price heads on down 38.2% of the move from 137.50 and is supported 138.31 will be tested!

138.30 might not be broken on the 1st try but it will be broken within the next week or so. . . Before XMAS!
  • #146,888
  • Dec 7, 2008 4:02pm Dec 7, 2008 4:02pm
is this a mistake ?
Attached Image (click to enlarge)
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  • #146,889
  • Dec 7, 2008 4:03pm Dec 7, 2008 4:03pm
anyone knows when ibfx opens?
Nihil Sine Deo.
  • #146,890
  • Dec 7, 2008 4:05pm Dec 7, 2008 4:05pm
Quoting Scrat
anyone knows when ibfx opens?
6pm est
  • #146,891
  • Dec 7, 2008 4:12pm Dec 7, 2008 4:12pm
Quoting quecee5
Nope - not until we see 132 support hit 1st. . . However, I do see a test of 138.30 resistance. . . Here will be the BIG CLUE - if price heads on down 38.2% of the move from 137.50 and is supported 138.31 will be tested!

138.30 might not be broken on the 1st try but it will be broken within the next week or so. . . Before XMAS!
loving ur analysis, but i really wouldn't want to dictate what the market should do without proper setup.

also put in mind that xmas is 2 weeks ahead. a lot could happen in 2 weeks
  • #146,892
  • Dec 7, 2008 4:16pm Dec 7, 2008 4:16pm
keep in mind their still unclear about the bailout.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #146,893
  • Dec 7, 2008 4:20pm Dec 7, 2008 4:20pm
anyone having problems with MT4?...

mine's got no feeds?
  • #146,894
  • Dec 7, 2008 4:21pm Dec 7, 2008 4:21pm
my broker opened 20 mins ago... 20 pip gap up. nothing serious. still holding on to shorts...

price is currently 136.80
  • #146,895
  • Dec 7, 2008 4:24pm Dec 7, 2008 4:24pm
Quoting Big Bruv
anyone having problems with MT4?...

mine's got no feeds?
none here.. i had trouble with mine once and had to reinstall it but it didn't just have no feeds it would not start.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #146,896
  • Dec 7, 2008 4:24pm Dec 7, 2008 4:24pm
good evening everyone..
I have now 136,92
  • #146,897
  • Dec 7, 2008 4:30pm Dec 7, 2008 4:30pm
Quoting capetown
good evening everyone..
I have now 136,92
I have now 136.77 ..
  • #146,898
  • Dec 7, 2008 4:31pm Dec 7, 2008 4:31pm
If 136 holds ... here are the fes for the 1-2-3 buy formation

Attached Image (click to enlarge)
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Blogging daily now at www.volume.zone
  • #146,899
  • Dec 7, 2008 4:33pm Dec 7, 2008 4:33pm
Quoting Scrat
man, would you stop posting charts!!! big brother is watching us .
I guess so too .. we had been talking about short .. & short .. in the week-end, big bros just loaded their guns for our stoploss .. but eventually they will pay the price ..
  • #146,900
  • Dec 7, 2008 4:59pm Dec 7, 2008 4:59pm
22:41 US Auto Bailout Uncertainty Remains/Vote Expected This Week Sydney, December 08: One of the reasons that Wall Street rallied on Friday was rising hopes that there would be an agreement reached by US Congress to come up with a bailout plan for the embattled US automakers. The news from the weekend is mixed with some reports saying that while a final "deal" is expected by Monday, there was uncertainty on whether there was enough support in Congress to pass a bailout bill. According to a Reuters report, Senator Levin of Michigan was quoted as saying: "Obviously, that"s a much more complicated question as to whether the votes are there." Senate Banking Committee Chairman Dodd of Connecticut said on CBS's "Face the Nation" that GM and Chrysler, also facing a likely near-term bankruptcy without help, should probably merge. Republican Shelby , the senior Republican on the Senate Banking Committee, said he may seek to filibuster the proposal he calls "a bridge loan to nowhere," a move that would effectively kill the bill. [email protected]
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