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

hahaaa i had tears writing it


question last night Q light colours are minors highlighted are majors

1h chart looks like its making a rather large penant, conditions seem ripe for upside breakout, Short Sell Day and no intrest for lower prices, looks like they are balancing the books distribution before they accumulate to next handles IMO

Thxs bro for the info. - it was creative had to read it twice!

May see some accumulation at lower price 2nite to eliminate any resistance above to take price higher thru 141.75 area.

I think 37.00, 36.50, 35.50 (on a dip) will be accumulated relatively quickly.
Should see price open at the same price 2morrow (NY open) or higher for SSD . . .

Equitiy markets closed higher but crosses have not followed yet - leads me to believe that accumulation not been exhausted yet. . . 4hr chart agrees with this as well. . . the drop should be swift and limited!

Lets get ready to rummmmmmmmmble! - Looking to buy the dips between 36.50 thru 35.50 (doubt we get there). . .

right there with ya.

mikew whatz gd bro?
Tell me something gd my friend. . .

so had a quick look at 4 hour and this jumped out at me ...


wall of buyers at 138 , why is the next question i ask myself ? well 138 to 160 move looks attractive when you ask yourself why lol .....

only kidding about 165 , but it does seem we may see a test of 140 / 141.5 before a break down to 130.... but 138 is going to be one hell of a tough level to break .. seems to be buyers on every dip on the 4 hour

womdering did anyone buy andy GE stock that day or day after we had a selling climax

Next 3 days could be pretty volatile with Option expiry, VIX expiry

you tell us now ...lol .. how about day of selling climax ?

Look back i posted it

138.40 is the key, still. Observed best on 4hr line chart.

right here bud
http://www.forexfactory.com/showthre...75#post2580075


been going up ever since

that was to easy !!!! nice spot ...

Just when you think you know something...

Then you find out you don't know Jack Schitt

http://www.heacham1.freeserve.co.uk/jackschitt/jack.htm

Bullish broadening wedge. It is a reversal pattern. Upper resistance at 141 taken out and the path to red channels UTL at 143-143.50 unlocks.

why all the caps and arguing ?

right now market is ranging 131 to 141 .... plenty for everyone ... bulls and bears

I don't think that above Red Disrespect worth to be involved in.
Looking at the 1h chart, we may not get that retracement to 136-137 zone, which I was personally hoping for,too; when price forms above 1h Gann; it will also be above DP. And especially if that triangle is broken to the topside.
But it's not done yet, and things can turn anyway(bull after R, or without it)

i was introduced to this guy a while ago thru a good friend of mine that I knew for 5 years thru stock trading.

any way suffice to say that Greek eagle and i ended our friendship as I got tired of him telling me what a crap trader I was and i did not know what I was doing , just cause i had a different style than him , that suited me better than a buy and hold , also when asked why he lost my mates 16 K that he was managing all his response was that my mate did not want to take any risk ... no remorse nothing ... did not admit he messed up .. that was all I was looking for , like to blame his mistakes on others.

He did call the short of Gj off 215 area , and the long off 127. But he is a buy and hold kind of guy I think. He seems to hedge positions alot no matter winners , losers or otherwise and I have never been a firm believer in hedging , specialy a losing position , but each to their own

any way just wanted to clarify how I knew him as he is a bit of an interesting character as we have all seen in this forum , and he keeps on mentioning me in his posts.

Huh...i would have thought you guys shared beers together every night....based on his posts.

By the way.

Looks like we finnally got some movement.

Thankfully i was not shot on that last top of the days range!!!