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

  • #158,461
  • Feb 6, 2009 5:09am Feb 6, 2009 5:09am
My medium term view based on Fibonacci and s/r levels. I believe on a %61.8 retrace before any up.
Attached Image (click to enlarge)
Click to Enlarge Name: GJ HH11.jpg Size: 122 KB
Discipline + Patience - Fear - Greed = Success
  • #158,462
  • Feb 6, 2009 5:18am Feb 6, 2009 5:18am
Quoting arezab
My medium term view based on Fibonacci and s/r levels. I believe on a %61.8 retrace before any up.
i concur..baby

Quoting Big Bruv
this waz the 2nd scenario..not convinced we actually make it to 129.90 but i think we at least re-visit 131.80

oh baby
  • #158,463
  • Feb 6, 2009 5:19am Feb 6, 2009 5:19am
Quoting ukdaytrader
Couldn't help myself. Itchy trigger finger saw bearish signals on 5m and 15m so took a flyer. Short term, but you never know....
i got lucky when the 15min flipped out now
  • #158,464
  • Feb 6, 2009 5:43am Feb 6, 2009 5:43am
My buy position is stand by coz i think GJ will go up. I just put the line below as a key to go short..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gj30.gif Size: 12 KB
Click to Enlarge Name: gj301.gif Size: 13 KB
  • #158,465
  • Feb 6, 2009 6:00am Feb 6, 2009 6:00am
A pull back to black ascending OR a clear break close above of pink
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"Millionaires don't use astrology, billionaires do"
  • #158,466
  • Feb 6, 2009 6:02am Feb 6, 2009 6:02am
Quoting OrionsWay
A pull back to black ascending OR a clear break close above of pink

a push above will require some serious sustained buying for why would they waste time and money unless they want continuation
"Millionaires don't use astrology, billionaires do"
  • #158,467
  • Feb 6, 2009 6:07am Feb 6, 2009 6:07am
Quoting ukdaytrader
Couldn't help myself. Itchy trigger finger saw bearish signals on 5m and 15m so took a flyer. Short term, but you never know....
holding short from 133.58, I see the secret signals too.
  • #158,468
  • Feb 6, 2009 6:13am Feb 6, 2009 6:13am
Good Morning,

Looks like hrly up trend line is holding...
B.
  • #158,469
  • Feb 6, 2009 6:18am Feb 6, 2009 6:18am
Quoting Bren0001
Good Morning,

Looks like hrly up trend line is holding...
B.

Yes. The whole investors maybe are waiting for nfp news. Hope we would see new highs of gj tonight
  • #158,470
  • Feb 6, 2009 6:20am Feb 6, 2009 6:20am
Hi Mary,

That sounds good to me...

Brend
  • #158,471
  • Feb 6, 2009 6:32am Feb 6, 2009 6:32am
does anyone here think eurjpy wll reach 118.xx today?
  • #158,472
  • Feb 6, 2009 6:40am Feb 6, 2009 6:40am
Quoting beejay
does anyone here think eurjpy wll reach 118.xx today?
My personal opinion, yes.
  • #158,473
  • Feb 6, 2009 6:46am Feb 6, 2009 6:46am
hey, can you support it with any prove. i need more conviction to hold my long. thanks anyway
  • #158,474
  • Feb 6, 2009 6:47am Feb 6, 2009 6:47am
Down TL on 15 min chart Broken, New UPTL on 15 min chart established,
spinnnng top on hrly chart formed, Hrly Up TL is looking respected, Long..58

Brendan
  • #158,475
  • Feb 6, 2009 6:49am Feb 6, 2009 6:49am
Quoting Mr.Sabah
My buy position is stand by coz i think GJ will go up. I just put the line below as a key to go short..
?? what does the wide up bar with close in the middle where u started one of your trendlines form tell u? weakness.
  • #158,476
  • Feb 6, 2009 6:50am Feb 6, 2009 6:50am
Quoting beejay
hey, can you support it with any prove. i need more conviction to hold my long. thanks anyway
lol- we are no callcenter

base your decisions on your charts...
  • #158,477
  • Feb 6, 2009 6:51am Feb 6, 2009 6:51am
Quoting ukdaytrader
My personal opinion, yes.
dont you think it would be a good idea to be flat for the next hour then

trade if the nfp news brings dips spikes swings whatever anyhow

taking a break back at two oclock ish
  • #158,478
  • Feb 6, 2009 6:54am Feb 6, 2009 6:54am
Quoting beejay
hey, can you support it with any prove. i need more conviction to hold my long. thanks anyway
Nope. I don't trade EY. I'm just giving you my opinion based on potential movement of UY and GY. If your own analysis makes you not convinced or even hopeful, you should carefully watch NFP and close quickly if looking bad.
  • #158,479
  • Feb 6, 2009 6:56am Feb 6, 2009 6:56am
Quoting cohiba pips
dont you think it would be a good idea to be flat for the next hour then

trade if the nfp news brings dips spikes swings whatever anyhow

taking a break back at two oclock ish
Absolutely. I'm scalping for pennies in the range right now just to keep myself sharp and 'cos I need the practice. (and I do mean pennies).
  • #158,480
  • Feb 6, 2009 6:57am Feb 6, 2009 6:57am
I see a perfect long breakout setup on GU 5M chart. If that UTL breaks to up side then 1.4800 and higher will be on card for now.
Discipline + Patience - Fear - Greed = Success
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