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

  • #165,661
  • Mar 13, 2009 2:50am Mar 13, 2009 2:50am
Quoting Piters
resting mate.... resting... this chopping PA kills..
And it HAS killed ...

When am i gonna learn ..
  • #165,662
  • Mar 13, 2009 2:50am Mar 13, 2009 2:50am
Triangle on 1hr suggesting bullish continuation. Lets see what the London boys have in store for us today.
  • #165,663
  • Mar 13, 2009 2:51am Mar 13, 2009 2:51am
Looks like a 1-2-3 pattern developing on the Hrly chart...

B.
Attached Image
  • #165,664
  • Mar 13, 2009 2:59am Mar 13, 2009 2:59am
Quoting belekas
Triangle on 1hr suggesting bullish continuation. Lets see what the London boys have in store for us today.
sorry but where what triangle you meant?
  • #165,665
  • Mar 13, 2009 3:05am Mar 13, 2009 3:05am
Quoting hwsv07
sorry but where what triangle you meant?
Triangle right on the 50% retrace.
Attached Image (click to enlarge)
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  • #165,666
  • Mar 13, 2009 3:06am Mar 13, 2009 3:06am
London bears are coming. Let see how it plays out
  • #165,667
  • Mar 13, 2009 3:14am Mar 13, 2009 3:14am
Quoting fxnoob08
thanks, a bunch to all of you. I really apreciate the responses that i've been given. I can only trade 1$/pip with my broker thats the reason, i should just start with more capital.
i often scalp at .1, .2 and .3 of a lot which is around +$1 a pip.
using a good entry and setting limits
trading with the trend
and getting some good retraces

on an average day i can make $200-300

thats not a bad deal.
--post hoc ergo propter hoc--
  • #165,668
  • Mar 13, 2009 3:17am Mar 13, 2009 3:17am
Pair is overbought right now in the short term.

I hold a weak short position. Will turn to weak long aabove 137.10s. NO strong long positions for the time being. There could be some advance above 137.10s; not yet.
  • #165,669
  • Mar 13, 2009 3:17am Mar 13, 2009 3:17am
Quoting maryinvest
London bears are coming. Let see how it plays out
you mean the london bulls?
  • #165,670
  • Mar 13, 2009 3:19am Mar 13, 2009 3:19am
Quoting belekas
Triangle right on the 50% retrace.
Beautifull bullish breakout. Who called shorts better check their papers.
  • #165,671
  • Mar 13, 2009 3:19am Mar 13, 2009 3:19am
Quoting belekas
Triangle right on the 50% retrace.
yup, good eye senior, is 50% retrace of the move down , but 23.6 of that upmove which plots our target at 138.40ish then 140.30ish ..... same tp's as you?
Attached Image (click to enlarge)
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  • #165,672
  • Mar 13, 2009 3:25am Mar 13, 2009 3:25am
Quoting forexboomer
yup, good eye senior, is 50% retrace of the move down , but 23.6 of that upmove which plots our target at 138.40ish then 140.30ish ..... same tp's as you?
No, i dont use fibs for targets, just to measure the retrace.
  • #165,673
  • Mar 13, 2009 3:26am Mar 13, 2009 3:26am
If GU current H4 candle close above 1.3950, it clear bullish continuation pattern (Rising Three Method)
  • #165,674
  • Mar 13, 2009 3:27am Mar 13, 2009 3:27am
Quoting forexboomer
yup, good eye senior, is 50% retrace of the move down , but 23.6 of that upmove which plots our target at 138.40ish then 140.30ish ..... same tp's as you?
I'm going long too from the 23.6 fibo at 136.5.. dont know if I should take profit at the weekly pivot at 138.42 or chicken out at the R1 at 137.99
  • #165,675
  • Mar 13, 2009 3:27am Mar 13, 2009 3:27am
Quoting belekas
No, i dont use fibs for targets, just to measure the retrace.
gu busting out of tl also
  • #165,676
  • Mar 13, 2009 3:31am Mar 13, 2009 3:31am
Who let the bulls out, woff woff woff
  • #165,677
  • Mar 13, 2009 3:33am Mar 13, 2009 3:33am
Strong up! No Guessing now.
Attached Image (click to enlarge)
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  • #165,678
  • Mar 13, 2009 3:36am Mar 13, 2009 3:36am
that was sweet!
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #165,679
  • Mar 13, 2009 3:37am Mar 13, 2009 3:37am
Quoting belekas
Who let the bulls out, woff woff woff
I think forexlion ......wofffffffffffffffffff
  • #165,680
  • Mar 13, 2009 3:38am Mar 13, 2009 3:38am
Quoting PandoraBox
I think forexlion ......wofffffffffffffffffff
Hey buddy
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