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

  • #148,361
  • Dec 11, 2008 6:48am Dec 11, 2008 6:48am
Quoting malcolmb14
the move down was on very high volume ..... pros buy into weakness .. they did .. perfect place for long 136
Have you stopped using pivot points? it stopped on S1
  • #148,362
  • Dec 11, 2008 6:48am Dec 11, 2008 6:48am
Quoting susufx
Good morning
GM girl
  • #148,363
  • Dec 11, 2008 6:48am Dec 11, 2008 6:48am
Quoting malcolmb14
hope his mate did not work for Lehman or bear Sterns ... lol

99% of brokers get it wrong also
bullish HD on GU m30, price bouncing from 50ema... should play out soon.
  • #148,364
  • Dec 11, 2008 6:49am Dec 11, 2008 6:49am
Quoting karmostaji
Let's get below 4h gann so we can start the bear show, cmon GJ
my 4h does not close until..erm...well...4 hrs time...
  • #148,365
  • Dec 11, 2008 6:50am Dec 11, 2008 6:50am
Longs taken 36.06
"Millionaires don't use astrology, billionaires do"
  • #148,366
  • Dec 11, 2008 6:50am Dec 11, 2008 6:50am
Quoting Big Bruv
my 4h does not close until..erm...well...4 hrs time...
my VT closes in 10 mins
Trade what you see, not what you think.
  • #148,367
  • Dec 11, 2008 6:50am Dec 11, 2008 6:50am
Quoting pepsi
Bullish HD on 30M and Price touching 50EMA on 1H?? so.... long?
nope, there wasn't an HD present there. price made a lower low. that signal wasn't valid.

sorry for the late reply, just saw ur post.

UJ is about to test 91... let's see what happens there.
  • #148,368
  • Dec 11, 2008 6:51am Dec 11, 2008 6:51am
Quoting malcolmb14
hope his mate did not work for Lehman or bear Sterns ... lol

99% of brokers get it wrong also

hahahaha
  • #148,369
  • Dec 11, 2008 6:51am Dec 11, 2008 6:51am
that was the area of yesterday's low (136.11), and by the way it bounced, it showed us that big guys had a bunch of buy orders there. i wouldn't be surprised if price would take off now - even just to swallow some stops.
but let's see. 135.40 is 0.618 FE. if this is taken, 133.40 is next.

Quoting Niandra_lade
See it bounced off the 136 psychological resistance.

Next time down it will smash through.
Nihil Sine Deo.
  • #148,370
  • Dec 11, 2008 6:52am Dec 11, 2008 6:52am
Quoting karmostaji
my VT closes in 10 mins
lets party........baby
  • #148,371
  • Dec 11, 2008 6:54am Dec 11, 2008 6:54am
If you went long at 136, close your orders now. Or you will get burnt.
  • #148,372
  • Dec 11, 2008 6:54am Dec 11, 2008 6:54am
Quoting karmostaji
my VT closes in 10 mins
Cmon GJ, You can Do It.
  • #148,373
  • Dec 11, 2008 6:54am Dec 11, 2008 6:54am
Quoting lilmoe
bullish HD on GU m30, price bouncing from 50ema... should play out soon.
and no, that doesn't mean GJ has to go up with it. it might. but UJ is on the verge of a collapse if it makes it below 90.90

gj 4h cci tl broken. my 4h chart closes in 1 hour.

longer term we should be going down. but short term we might bounce from here like malcomb said.
  • #148,374
  • Dec 11, 2008 6:56am Dec 11, 2008 6:56am
Quoting Niandra_lade
If you went long at 136, close your orders now. Or you will get burnt.
this is like those 'taped messages' in mission impossible..

wots missing from that is..."in the next 5 sec..this will self distruct"...baby
  • #148,375
  • Dec 11, 2008 6:56am Dec 11, 2008 6:56am
Quoting lilmoe
bullish HD on GU m30, price bouncing from 50ema... should play out soon.
I cought it from 1.4880
  • #148,376
  • Dec 11, 2008 6:57am Dec 11, 2008 6:57am
Quoting Big Bruv
this is like those 'taped messages' in mission impossible..

wots missing from that is..."in the next 5 sec..this will self distruct"...baby

hahaha I wouldnt be suprised if a bunch of newbies are actually lsning to him.
  • #148,377
  • Dec 11, 2008 6:57am Dec 11, 2008 6:57am
you know whats strange thoughout this entire ranging time? EUR has rallied 8 days in a row against all other majors. Today, it's literally going through the roof.
  • #148,378
  • Edited 7:21am Dec 11, 2008 6:59am | Edited 7:21am
Quoting Piters
Actualy, he need some more inside information to make more money..

But seriously, if we take DPP, my next target IS 136.. (200+ pips from R1)

Actualy, according to my system FE 1.618 is on 136.01 I called from before as a next TARGET, was hit by a PIP.. (and earlier the second 15min candle from london open was a reversal candle..)
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  • #148,379
  • Dec 11, 2008 7:00am Dec 11, 2008 7:00am
Quoting lilmoe
bullish HD on GU m30, price bouncing from 50ema... should play out soon.
First target the gann? Looks like we got an inside bar too. Might be about to break up.
"Don't trade to trade . . . trade to win." - James16
  • #148,380
  • Dec 11, 2008 7:01am Dec 11, 2008 7:01am
Quoting malcolmb14
here is my 4 hr chart ..... confluence of fib time extension say something happening midnight tonight PST (start of London ) , maybe some form of pivot.

there is a 1-2-3 sell formation on 4 hr now that may pan out and the 50 sma is forming upper resistance
Attachment

fib time lines showed the top pivot time in midnight my time and with treble top at 138.5 it was simple . The fib time lines do not work all the time and the best thing is to look for confluences

also I use 1-2-3 set ups .. this one stopped right on .5 fe ....


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