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

  • #164,641
  • Mar 9, 2009 7:52am Mar 9, 2009 7:52am
Quoting gillybabe
Hey Piters. To the pip virtually 136.12 as you said.
rome is still far away, we are not over yet.
  • #164,642
  • Mar 9, 2009 7:55am Mar 9, 2009 7:55am
Quoting forexlion
monthly fib
no, i saw that on your chart, i meant what bias: long or short or neutral at that point?
  • #164,643
  • Mar 9, 2009 8:04am Mar 9, 2009 8:04am
Quoting gillybabe
Hey Piters. To the pip virtually 136.12 as you said.
Quoting Piters
Now with GY we are facing some Support levels, first @ 137.20 as a double bottom, Daily, Daily TL, but also DS1...
we need to clear that before we contionue.. BUt from my perspective the best we can have for now, before a some decent retrace {Fibo 50} is the level 136.60 where the Daily Gann is.. maybe a some push even deeper to touch Daily EMA 50... but that it is...

Then Retrace,,, big, nice,, and then it is up to the NYSE markets.. we see how YM, ES, DOW,, are setup...
nice... nice... nice...
let see it , where we play now..
  • #164,644
  • Mar 9, 2009 8:16am Mar 9, 2009 8:16am
i wouldn't be surprised if it goes back to test 136 again, trip some stops and hit 135.84 to 68 areas. let's dance geppy . . .
"Don't trade to trade . . . trade to win." - James16
  • #164,645
  • Mar 9, 2009 8:20am Mar 9, 2009 8:20am
Quoting Piters
nice... nice... nice...
let see it , where we play now..
Piters please do check you inbox when you have a chance
I recommend you read something else as this sentence is now concluded.
  • #164,646
  • Mar 9, 2009 8:30am Mar 9, 2009 8:30am
Quoting Flem26
i wouldn't be surprised if it goes back to test 136 again, trip some stops and hit 135.84 to 68 areas. let's dance geppy . . .

Dance lower i don't think so there is another strong resistance at 136.10 by a few pip may be but bridge lower than 50 pips i doubt.
cheers with scalping between 136.10 and 136.60
my take is it will move higher and close above 137xx.
When nothing goes right... go left.
  • #164,647
  • Mar 9, 2009 8:36am Mar 9, 2009 8:36am
Quoting mtajazz
Dance lower i don't think so there is another strong resistance at 136.10 by a few pip may be but bridge lower than 50 pips i doubt.
cheers with scalping between 136.10 and 136.60
my take is it will move higher and close above 137xx.
A wish man once said, "the more times support is tested, the weaker it becomes". We'll see . . .
"Don't trade to trade . . . trade to win." - James16
  • #164,648
  • Mar 9, 2009 8:37am Mar 9, 2009 8:37am
seems back to 139.50 resistance...then 140.50 then 141.50 before next drop i think
  • #164,649
  • Mar 9, 2009 8:40am Mar 9, 2009 8:40am
Quoting grashid
seems back to 139.50 resistance...then 140.50 then 141.50 before next drop i think
That's quite the specific prediction there.
Probability Professor
  • #164,650
  • Mar 9, 2009 8:47am Mar 9, 2009 8:47am
Quoting Flem26
A wish man once said, "the more times support is tested, the weaker it becomes". We'll see . . .
Well said.
But another wise man said trade against a trend and you will be shredded.

cheers.
When nothing goes right... go left.
  • #164,651
  • Mar 9, 2009 8:49am Mar 9, 2009 8:49am
Quoting Galation
That's quite the specific prediction there.
easy move today since Friday....very predicatable..am out if 139 is not reach today as 133-127 also can be possible this week..i take my last entry to long atm..
  • #164,652
  • Mar 9, 2009 8:50am Mar 9, 2009 8:50am
Karmo, What thinks you??
  • #164,653
  • Mar 9, 2009 8:51am Mar 9, 2009 8:51am
Quoting mtajazz
Well said.
But another wise man said trade against a trend and you will be shredded.

cheers.
"Don't trade to trade . . . trade to win." - James16
  • #164,654
  • Mar 9, 2009 8:55am Mar 9, 2009 8:55am
Quoting grashid
seems back to 139.50 resistance...then 140.50 then 141.50 before next drop i think

Spot on with my predictions.
The current support levels will hold and back to the highs. though i would like to know what you are basing your predictions on.
When nothing goes right... go left.
  • #164,655
  • Mar 9, 2009 8:58am Mar 9, 2009 8:58am
Quoting mtajazz
Well said.
But another wise man said trade against a trend and you will be shredded.

cheers.
then the wise man went crazy from one wise saying after another he didn't know which to follow and jumped off a skyscraper 100 stories sky.
a bystander walked by and said never jump off a skyscraper
with out an exit plan.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #164,656
  • Mar 9, 2009 9:07am Mar 9, 2009 9:07am
Quoting mtajazz
Spot on with my predictions.
The current support levels will hold and back to the highs. though i would like to know what you are basing your predictions on.
Check your H1/H4 and D1 on your last 2 week chart..then you will get some clue of it...we have been talking this for many time lol..
  • #164,657
  • Mar 9, 2009 9:08am Mar 9, 2009 9:08am
what I'm seeing is 135.50 and possibly lower will be tested before gj sees 141 and higher. . . GU is on course to see 1.3550 area as 1.40 area should present resistance for that pair this week - GJ to follow. also UJ has one more run to the topside @ 100.40 area then down it goes to test lower support this week at possibly 94 area - right now it looks to be a bit toppy!

we should have good range trading this week on gj and other pairs. . .
I'm currently long off of 136.19 to test upper resistance at 137.60/70 area before another run to the downside if it gets there -
  • #164,658
  • Mar 9, 2009 9:09am Mar 9, 2009 9:09am
Quoting england33
then the wise man went crazy from one wise saying after another he didn't know which to follow and jumped off a skyscraper 100 stories sky.
a bystander walked by and said never jump off a skyscraper
with out an exit plan.

Ha Ha LOL. :-)
When nothing goes right... go left.
  • #164,659
  • Mar 9, 2009 9:13am Mar 9, 2009 9:13am
Quoting grashid
Check your H1/H4 and D1 on your last 2 week chart..then you will get some clue of it...we have been talking this for many time lol..
As stated earlier the scalping is on. 137xx hit now down we go
When nothing goes right... go left.
  • #164,660
  • Mar 9, 2009 9:15am Mar 9, 2009 9:15am
Quoting mtajazz
As stated earlier the scalping is on. 137xx hit now down we go


but not until 137.60 or slightly higher is touched. . .
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