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

  • #147,081
  • Dec 7, 2008 10:59pm Dec 7, 2008 10:59pm
Quoting Serendipity
your are referring to the left shoulder on 136.36 and right shoulder around 136.58? possible?
yes.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #147,082
  • Dec 7, 2008 11:02pm Dec 7, 2008 11:02pm
Quoting LukaszH
Here You are:

http://www.magazynhandlowiec.pl/uplo.../321123213.JPG

dziękuję

(thank you)
  • #147,083
  • Dec 7, 2008 11:02pm Dec 7, 2008 11:02pm
Quoting USTrader
Doesn't seem like the PA is there for such a move. IMO. Also, 137.70 was pretty resistant to give...
137.70 should break soon
Trade what you see, not what you think.
  • #147,084
  • Dec 7, 2008 11:05pm Dec 7, 2008 11:05pm
Quoting karmostaji
137.70 should break soon
That's one of my hurdles to go long... the beast is testing is out now.... basically, add to my positions. I've still got a 136.94 long on the table....
  • #147,085
  • Dec 7, 2008 11:06pm Dec 7, 2008 11:06pm
Quoting karmostaji
137.70 should break soon
Okay, you do know it's great to be right, but precisely right at the right time is a little scary. Good, but still scary.
What's that smell?
  • #147,086
  • Dec 7, 2008 11:07pm Dec 7, 2008 11:07pm
if your in long your in good. i'm going to wait for a good spot to short.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #147,087
  • Dec 7, 2008 11:09pm Dec 7, 2008 11:09pm
Quoting jon clogger
Okay, you do know it's great to be right, but precisely right at the right time is a little scary. Good, but still scary.
Karmo can have an uncanny, yet Freaky, sense on the Beast's movements...

You go, boy!!!!
  • #147,088
  • Dec 7, 2008 11:09pm Dec 7, 2008 11:09pm
Quoting mktjong
Cool .. what would be your likely tp? Thanks.
i'm stopped for now... would've taken my first tp at 5m 50ema, and a 2nd at a 38.2 retracement.
  • #147,089
  • Dec 7, 2008 11:11pm Dec 7, 2008 11:11pm
Quoting Piters
actualy it is, but I forgot how is look like, too busy trading.. no time for life.
lol, i wouldn't know i don't drink anyway. but i do think alcohol ain't good for ya
  • #147,090
  • Dec 7, 2008 11:12pm Dec 7, 2008 11:12pm
Quoting karmostaji
137.70 should break soon
Is it ok to add more longs at 138? Pls advice.
  • #147,091
  • Dec 7, 2008 11:14pm Dec 7, 2008 11:14pm
Long and shooting for 138.60, for Pivot R1, first TP level.... 137.80 Long...
  • #147,092
  • Dec 7, 2008 11:15pm Dec 7, 2008 11:15pm
Quoting Piters
dziękuję

(thank you)
Bardzo proszę, jestes Polakiem ?

{you are welcome, are You Polish?}
  • #147,093
  • Dec 7, 2008 11:17pm Dec 7, 2008 11:17pm
Let's go 142! It'd be nice to see a 500 pips move so we can all ring in the new year with many PIPS!!!
  • #147,094
  • Dec 7, 2008 11:19pm Dec 7, 2008 11:19pm
Quoting dialpips
Is it ok to add more longs at 138? Pls advice.
i personally would not because i don't buy breakouts.
people don't answer you because they expect you to make your own trades.
you should always plan out your own trades. 1 entry plan 1 exit plan and 1 stop loss plan.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #147,095
  • Dec 7, 2008 11:20pm Dec 7, 2008 11:20pm
Frankfurt made new daily HIGH, London Should reverse... (80% of the time)

Anyone familiar with BIG-BEN ?
  • #147,096
  • Dec 7, 2008 11:27pm Dec 7, 2008 11:27pm
Quoting Piters
Frankfurt made new daily HIGH, London Should reverse... (80% of the time)

Anyone familiar with BIG-BEN ?
oh yea... lol.

we just hit close to 5m 50ema with a bullish HD... i don't feel good about go long here at all. let's see how price reacts there. a close below 136.50 and i'm back at the short side.

we STILL don't have an hourly close above 137.70

edit: should've extended my SL to more than 50 pips on that short... sighs...
  • #147,097
  • Dec 7, 2008 11:34pm Dec 7, 2008 11:34pm
Quoting lilmoe
oh yea... lol.

we just hit close to 5m 50ema with a bullish HD... i don't feel good about go long here at all. let's see how price reacts there. a close below 136.50 and i'm back at the short side.

we STILL don't have an hourly close above 137.70

edit: should've extended my SL to more than 50 pips on that short... sighs...
I DID , but was risky, actualy, on my 15min chart my FE 161 is on 138.20,
but have a look this, the price stops @ FE 200, usualy I am not using FE200, but reversed from there, cannot see any orher resistance there .
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  • #147,098
  • Dec 7, 2008 11:39pm Dec 7, 2008 11:39pm
Quoting Piters
I DID , but was risky, actualy, on my 15min chart my FE 161 is on 138.20,
but have a look this, the price stops @ FE 200, usualy I am not using FE200, but reversed from there, cannot see any orher resistance there .
daily 5sma @ 137.27
  • #147,099
  • Dec 7, 2008 11:40pm Dec 7, 2008 11:40pm
Quoting Titus
daily 5sma @ 137.27
thnks bro
  • #147,100
  • Dec 7, 2008 11:47pm Dec 7, 2008 11:47pm
Quoting Piters
I DID , but was risky, actualy, on my 15min chart my FE 161 is on 138.20,
but have a look this, the price stops @ FE 200, usualy I am not using FE200, but reversed from there, cannot see any orher resistance there .
if u're thinking of scalping, then yes, the only resistance above that is 139.

other than all the charts i posted on the weekend, and that powerful setup we have on the weekly chart (candlestick pattern), we have a descending triangle formation on the daily. those are called bearish continuation patterns. a normal behavior would be a retest of the lower trendline before resuming downwards. chart below. daily GJ cci as of now is retesting a broken trendline. this breakout would be a fake if CCI closes above the -100 line again. my bias will turn entirely bullish again if we close above the uppler trendline of that triangle.

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