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

  • #165,041
  • Mar 10, 2009 10:29pm Mar 10, 2009 10:29pm
Quoting pipsbull
Privet and g00d m0rning
lol, gm to you bro..

my morning??.. well, 2pm is now [not realy proud ...]
  • #165,042
  • Mar 10, 2009 10:31pm Mar 10, 2009 10:31pm
maybe that channel will breakdown.
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Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #165,043
  • Mar 10, 2009 10:34pm Mar 10, 2009 10:34pm
Quoting forexlion
If GJ closes a 4 hour candle below 135.50 then we tank hard to 127
I'm a little leery of what looks like a GJ falling wedge on the hourly & 4hr .. could jolt up if we turn our heads
  • #165,044
  • Mar 10, 2009 10:36pm Mar 10, 2009 10:36pm
Quoting england33
i'm just kidding good luck (you'll need it lol)
no i don't know.. price action is kind of choppy, your probably right.
i am just waiting for it to drop below 135, so i could move the stops to 135.50 and shutdown the computer, and forget the trades entirely, till tp 127.50 is met.
  • #165,045
  • Mar 10, 2009 10:36pm Mar 10, 2009 10:36pm
Should be an intresting London session:
$ is weak and it's index confirms it, there's a nickline of h&s formation broken. It is visible on all pairs, except pound. Which means pound is more fragile than buck. So, imho, the trend for g/j will be set up from u/j. Here is the chart of last. Looks like pennant, which imho has a g00d possibility to break down. But not necceserely at this moment! So, once g/j breaks hourly Gann ..., you know what's next
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  • #165,046
  • Mar 10, 2009 10:39pm Mar 10, 2009 10:39pm
Quoting forexlion
i am just waiting for it to drop below 135, so i could move the stops to 135.50 and shutdown the computer, and forget the trades entirely, till tp 127.50 is met.
that would be nice.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #165,047
  • Mar 10, 2009 10:40pm Mar 10, 2009 10:40pm
gu tanking.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #165,048
  • Mar 10, 2009 10:40pm Mar 10, 2009 10:40pm
Quoting forexlion
If GJ closes a 4 hour candle below 135.50 then we tank hard to 127
Tank baby tank, i will give you a lollipop if you reach 127
  • #165,049
  • Mar 10, 2009 10:49pm Mar 10, 2009 10:49pm
In order for g/j tankage to continue, it needs to break 2 things: 1hr Gann + Tl, which started on 6th of February!
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  • #165,050
  • Mar 10, 2009 10:56pm Mar 10, 2009 10:56pm
does anyone here have reuters
  • #165,051
  • Mar 10, 2009 10:56pm Mar 10, 2009 10:56pm
Quoting forexlion
Tank baby tank, i will give you a lollipop if you reach 127
  • #165,052
  • Mar 10, 2009 10:57pm Mar 10, 2009 10:57pm
Quoting pipsbull
In order for g/j tankage to continue, it needs to break 2 things: 1hr Gann + Tl, which started on 6th of February!
both will be broken within 12 hours
  • #165,053
  • Mar 10, 2009 10:58pm Mar 10, 2009 10:58pm
Quoting forexlion
If GJ closes a 4 hour candle below 135.50 then we tank hard to 127
weekly still up bro, might want to think about that, if we do fall tonight, i thinking 128ish might be the lowest, weekly gann sitting at 127.82....61.8 fib of last upmove is at 127.74/ 50 fib is at 130.50ish......not sure where you see 127. could you post a chart? i personally would be looking to take swing longs around the 129-130 area with sl behind weekly gann/ and if i get stopped out, then my next weekly gann set up should come in a week or so to look into taking some swing shorts. when people take trades, they really need to understand if they plan to keep the trade as a swing trade(daily/weekly), or a single session (30min/1hour)....sounds obvious, but im sure many people dont do it.daily gann is down showing that weekly chart fall fibs drawn on other chart signaling we have made a 23.6 retrace and are set to fall further which would have you draw your fib ext. levels for targets on the downside. either way you should have a plan on how much you trading per set up and why!!!!! i learned a lot from people on here Pandora, Milky, Q, Karm, Piters etc.....thx a lot guys for always posting charts

dont get me wrong, i am going to take shorts when they set up tonight, just dont see how you got 127, plz post chart thx bro
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  • #165,054
  • Mar 10, 2009 10:59pm Mar 10, 2009 10:59pm
Quoting pipsbull
In order for g/j tankage to continue, it needs to break 2 things: 1hr Gann + Tl, which started on 6th of February!
apsolutely right.. exactly where my TP is 134.80/90 area..
There Im unloading my boat..

Unless... we see taking that level in some quick DROP....
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  • #165,055
  • Mar 10, 2009 11:01pm Mar 10, 2009 11:01pm
Quoting forexlion
both will be broken within 12 hours
Gann is broken & QQE crossed down. TL..., well ..., giving it 12 hours...
Needs to do it during London
  • #165,056
  • Mar 10, 2009 11:04pm Mar 10, 2009 11:04pm
Quoting Piters
apsolutely right.. exactly where my TP is 134.80/90 area..
There Im unloading my boat..

Unless... we see taking that level in some quick DROP....
Pound - bearish, so the most of move down, I put on jpy. As long as it stays below previous short term high or at least the TL, then possible h&s to play
  • #165,057
  • Mar 10, 2009 11:05pm Mar 10, 2009 11:05pm
Quoting Piters
apsolutely right.. exactly where my TP is 134.80/90 area..
There Im unloading my boat..

Unless... we see taking that level in some quick DROP....
wow...bro...
u should be light now
  • #165,058
  • Mar 10, 2009 11:05pm Mar 10, 2009 11:05pm
BIG spike

lol
  • #165,059
  • Mar 10, 2009 11:06pm Mar 10, 2009 11:06pm
Quoting forexlion
If GJ closes a 4 hour candle below 135.50 then we tank hard to 127
Tank baby tank, earn your lollipop
  • #165,060
  • Mar 10, 2009 11:09pm Mar 10, 2009 11:09pm
Quoting forexlion
Tank baby tank, earn your lollipop
Fast and furious, but the volume...heh...(
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