excellent plan
i vouch for it.
= 
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #167,281
- Mar 24, 2009 11:36pm Mar 24, 2009 11:36pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
= - #167,282
- Mar 24, 2009 11:36pm Mar 24, 2009 11:36pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
Let see what London could do for us. Current GJ below EMA 50 at M15 TF.
- #167,283
- Mar 24, 2009 11:45pm Mar 24, 2009 11:45pm
- Joined Sep 2006 | Status: Collector | 9,833 Posts
let see:
- resistance on UTL [1h] = 144.30
- resistance on UTL[15min] = 144.20
- Gann [1h] = 144.18
- Fibo 618 form 144.60-> 142.80 = 143.92
So, Q. right on the target, from 143.90 to 144.30 ; again ??? lol
- #167,286
- Edited 12:50am Mar 25, 2009 12:39am | Edited 12:50am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
let see:
- resistance on UTL [1h] = 144.30
- resistance on UTL[15min] = 144.20
- Gann [1h] = 144.18
- Fibo 618 form 144.60-> 142.80 = 143.92
So, Q. right on the target, from 143.90 to 144.30 ; again ??? lol
Maybe am wrong....
- #167,291
- Mar 25, 2009 1:48am Mar 25, 2009 1:48am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
Double top formation in D1 chart lol...S1=142.17 then 141.28 sure this London-US Session lol..
Maybe am wrong....
what I posted before are resistance levels..
We may see a bounce from here as Gann 4h is sitting right on 142.65
- #167,293
- Mar 25, 2009 1:50am Mar 25, 2009 1:50am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #167,294
- Mar 25, 2009 1:51am Mar 25, 2009 1:51am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
Battle of the pivot. So far still no hourly candle closed below the daily pivot. It seems there are still plenty of buyers and they step in usually near the end of the hourly candle. If hourly closed below the daily pivot, it would so the buyers have given up somewhat. I'm still looking at this bull flag. As long as price remain above the daily pivot, there's a good chance of breaking this bull flag (144) and price will head higher. UJ is also forming a similar bull flag.
1. Current price already below daily pivot and as Piter/Q mentioned
2. D1 double top formation
3. H1 below gann and below QQE 50 line but not H4 (so bouncing ~100 pips lol atm)
4. H4 perhaps will cross belwo Gann at any time (maybe in 4-6 hrs) its depand London session
5. H1 almost cross below 50 ema..
M30 look 143.45 is strong resistance atm..
I just monitor my M5 atm..and see what she react lol...
- #167,296
- Mar 25, 2009 1:54am Mar 25, 2009 1:54am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
no you are not.. that is one of the targets.. but we have to clear GAnn 4H first...
what I posted before are resistance levels..
We may see a bounce from here as Gann 4h is sitting right on 142.65
- #167,297
- Mar 25, 2009 1:58am Mar 25, 2009 1:58am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
Alright..am misunderstood you..ya let settle with this H4 first..Thanks for correcting me...
EU session opens in few min.. lets be ready...
- #167,299
- Mar 25, 2009 2:04am Mar 25, 2009 2:04am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
NP, mate.. ultimately we should go to 141.20/30 and then to diside the direction, but first we have a battle with our old friend 4H gann
EU session opens in few min.. lets be ready...
