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

  • #168,901
  • Apr 2, 2009 6:01am Apr 2, 2009 6:01am
Quoting arezab
Hey cullian I don't think it is necessary to drop a post every two minutes with just 4 or 5 word in it. Put some decent analysis for other's use if you have some.

Thanks
Sorry i'm just starting to get good and nail trades, and i'm a little pumped, plus now i don't have to spend all my time looking at the charts, so i have more time to type.
  • #168,902
  • Apr 2, 2009 6:05am Apr 2, 2009 6:05am
1.47 is a tough resistance for GU on the daily chart. There's still about 3 hours of high volume left. It needs to break soon or I think GJ will pull back and consolidate between 146.80 and 145. 148.50 might be for another day.
  • #168,903
  • Apr 2, 2009 6:06am Apr 2, 2009 6:06am
Quoting cullian
123 turning into bull flag
i'm sorry but where do you see bull flag? lol

edit:too early..
  • #168,904
  • Apr 2, 2009 6:14am Apr 2, 2009 6:14am
Quoting for_idea
i'm sorry but where do you see bull flag? lol

edit:too early..
Theres a coil on the m5
  • #168,905
  • Apr 2, 2009 6:17am Apr 2, 2009 6:17am
Am short 10X50 lot from 146.10 with my first destination of 142.45 (5 lot)..
while another 5 lot for 2nd destination @ 140.60...

Hit this mean Complete my Q2'09 Target as I just withdrawal my Y09 profit just now with leave 30% from that..In case...

Any tought...150..not yet i think..Will see big drop tomorrow NFP..
Attached Image
  • #168,906
  • Apr 2, 2009 6:18am Apr 2, 2009 6:18am
Folks, is there any *logic* to the level that the GJ has stopped? I have looked at fib projections, pivots, Demark and trendlines and can't really come up with anything...
TULKAS
  • #168,907
  • Apr 2, 2009 6:21am Apr 2, 2009 6:21am
Quoting stewrigh
Theres a coil on the m5
~144.5 might be quite soon
  • #168,908
  • Apr 2, 2009 6:21am Apr 2, 2009 6:21am
....
Attached Image
  • #168,909
  • Apr 2, 2009 6:32am Apr 2, 2009 6:32am
Quoting for_idea
i'm sorry but where do you see bull flag? lol

edit:too early..
Little 5 min bull flag, running up to US open, here is my analysis, i shorted at 147, but am worried it will break because of adx
Attached Image
  • #168,910
  • Apr 2, 2009 6:37am Apr 2, 2009 6:37am
Quoting Tulkas
Folks, is there any *logic* to the level that the GJ has stopped? I have looked at fib projections, pivots, Demark and trendlines and can't really come up with anything...
Look at my analysis, this was the profit target for head and shoulders, and top of channel
  • #168,911
  • Apr 2, 2009 6:39am Apr 2, 2009 6:39am
Quoting cullian
Little 5 min bull flag, running up to US open, here is my analysis, i shorted at 147, but am worried it will break because of adx
not adx holding it. 145.60 S/R level, 30 gannmay hold it. but braking it i think is necessity
  • #168,912
  • Apr 2, 2009 6:40am Apr 2, 2009 6:40am
Quoting Tulkas
Folks, is there any *logic* to the level that the GJ has stopped? I have looked at fib projections, pivots, Demark and trendlines and can't really come up with anything...
monthly R1 at 147.33
Don't chase the market, Let the market come to you
  • #168,913
  • Apr 2, 2009 6:44am Apr 2, 2009 6:44am
Quoting Tulkas
Folks, is there any *logic* to the level that the GJ has stopped? I have looked at fib projections, pivots, Demark and trendlines and can't really come up with anything...
A few good reasons why this stopped at 147:

1. Whole number.
2. Previous resistance from November 26th and 27th.
3. Price hit top of channel on 4hr TF.
4. Price was at test of Daily R3.
5. High coincided with NY getting to their desks, then the retracement.
  • #168,914
  • Apr 2, 2009 6:47am Apr 2, 2009 6:47am
Quoting for_idea
not adx holding it. 145.60 S/R level, 30 gannmay hold it. but braking it i think is necessity
No, i mean adx on daily starting to turn up, strong trend
  • #168,915
  • Apr 2, 2009 6:54am Apr 2, 2009 6:54am
The question for me is will this 145.44 area hold up and give us a bounce back up. I reloaded at 145.80 and 146.30. mmmmm
  • #168,916
  • Apr 2, 2009 7:19am Apr 2, 2009 7:19am
Where is Malcomb,Q,Piters.They seems absent today.I use to enjoy their analysis.
  • #168,917
  • Apr 2, 2009 7:53am Apr 2, 2009 7:53am
Wow, i think the puond must have drank a red bull
  • #168,918
  • Apr 2, 2009 7:55am Apr 2, 2009 7:55am
Quoting cullian
Wow, i think the puond must have drank a red bull
That is the most funniest comment I have heard good on ya....keep up the comedy...
Let Price determine your future!
  • #168,919
  • Apr 2, 2009 7:57am Apr 2, 2009 7:57am
Quoting Geppyg
That is the most funniest comment I have heard good on ya....keep up the comedy...
I'm laughing all the way to the bank
  • #168,920
  • Apr 2, 2009 7:59am Apr 2, 2009 7:59am
OK Cullian et al...

Is this the Head and Shoulders you're talking about? Would you mind posting a chart showing the channel both you and UKdaytrader were referring to?
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Click to Enlarge Name: gbpjpy.gif Size: 14 KB
TULKAS
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