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

  • #169,001
  • Apr 2, 2009 9:00pm Apr 2, 2009 9:00pm
Quoting currencyexch
Looks like a doji so hopefully the reversal will take effect
Yup, M30 now below gann, now waiting doji at H4 GJ.
  • #169,002
  • Apr 2, 2009 9:09pm Apr 2, 2009 9:09pm
Bastards ran my short stop by 7 pips and reversed.....ugh.
Going to make it big by age 21.
  • #169,003
  • Apr 2, 2009 9:13pm Apr 2, 2009 9:13pm
getting into murrey math lines ..

right now we are at 7/8 .. this is a strong reversal lines

also notw the large pink volume bar ...very high vol with a noarrow sprad candle .. seems sellers in there

the daily symmetry i mentioned earlier this week said we should have goen down to 135 , we were 70 pips shy and then up to 149 ... we are 100 pip shy ... maybe we will not get there. If price cannot hold above 147.88 ( 7/8 mml) then we may well head down 1000 if symmetry remains intact

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Blogging daily now at www.volume.zone
  • #169,004
  • Apr 2, 2009 9:16pm Apr 2, 2009 9:16pm
is it safe to take short GJ ?
  • #169,005
  • Apr 2, 2009 9:31pm Apr 2, 2009 9:31pm
NIce retracement down to the trend line, which was my entry plus 5 pips that I grabbed before she heade north again. Suspect it will make another run up abd then fizzle however sitting out until after tomorrows report, suspect to much volatility

Thanks for the advice to look at the candles
  • #169,006
  • Apr 2, 2009 9:36pm Apr 2, 2009 9:36pm
Quoting sameer
is it safe to take short GJ ?
lol if people knew the answer to this question they would be so rich they would not waste their time on FF....gotta do what ya gotta do.
Going to make it big by age 21.
  • #169,007
  • Apr 2, 2009 9:40pm Apr 2, 2009 9:40pm
Quoting dstryr
lol if people knew the answer to this question they would be so rich they would not waste their time on FF....gotta do what ya gotta do.

i wish i can see the future
  • #169,008
  • Apr 2, 2009 9:41pm Apr 2, 2009 9:41pm
Took a short @ 147.44 TP @ DP 145.25 as 1st Target
  • #169,009
  • Apr 2, 2009 9:44pm Apr 2, 2009 9:44pm
Quoting pino2
Took a short @ 147.44 TP @ DP 145.25 as 1st Target

Nice entry, what's your backstop 1.4800?
  • #169,010
  • Apr 2, 2009 9:49pm Apr 2, 2009 9:49pm
Suspect something to happen in next hour or so as 2 lines converge, the line of the highs to the previous line of support that will squeeze GBP up or down and I'm dollar bullish except AM report could screw up the downside move
  • #169,011
  • Apr 2, 2009 9:49pm Apr 2, 2009 9:49pm
The PA for the last few hours, there was a lower high, lower low, and lower close in the last hour, and that the close was even lower then the daily close, either to have a close above 147.85 or we will fall to the daily pivot and even lower.
  • #169,012
  • Apr 2, 2009 10:14pm Apr 2, 2009 10:14pm
Quoting malcolmb14
getting into murrey math lines ..

right now we are at 7/8 .. this is a strong reversal lines

also notw the large pink volume bar ...very high vol with a noarrow sprad candle .. seems sellers in there

the daily symmetry i mentioned earlier this week said we should have goen down to 135 , we were 70 pips shy and then up to 149 ... we are 100 pip shy ... maybe we will not get there. If price cannot hold above 147.88 ( 7/8 mml) then we may well head down 1000 if symmetry remains intact

Attachment


About 7/8 th's Line (Weak, Stall and Reverse)

This line is weak. If prices run up too far too fast, and if they stall at this line they will reverse down fast. If prices do not stall at this line they will move up to the 8/8 th's line
Butt kissers suck!
  • #169,013
  • Apr 2, 2009 10:31pm Apr 2, 2009 10:31pm
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Attached Image
  • #169,014
  • Apr 2, 2009 10:33pm Apr 2, 2009 10:33pm
i think its selling rallies and its retracement time, anyone disagree? and why please
I recommend you read something else as this sentence is now concluded.
  • #169,015
  • Apr 2, 2009 10:44pm Apr 2, 2009 10:44pm
Quoting Obaidah
i think its selling rallies and its retracement time, anyone disagree? and why please
Agree, selling time. Target area around 135 ~ 137
  • #169,016
  • Apr 2, 2009 10:46pm Apr 2, 2009 10:46pm
Quoting Pippo Loco
About 7/8 th's Line (Weak, Stall and Reverse)

This line is weak. If prices run up too far too fast, and if they stall at this line they will reverse down fast. If prices do not stall at this line they will move up to the 8/8 th's line

lets see 1400 pip in 3 days ,,, sounds like to fast to me
Blogging daily now at www.volume.zone
  • #169,017
  • Apr 2, 2009 10:48pm Apr 2, 2009 10:48pm
Quoting PandoraBox
Agree, selling time. Target area around 135 ~ 137
daily cs very bullish, why must short ?
  • #169,018
  • Apr 2, 2009 10:49pm Apr 2, 2009 10:49pm
Quoting PandoraBox
Agree, selling time. Target area around 135 ~ 137
i have no targets yet and i believe we need to see how strong will the down move be in the comming stages to determine ones
I recommend you read something else as this sentence is now concluded.
  • #169,019
  • Apr 2, 2009 10:51pm Apr 2, 2009 10:51pm
Quoting mrfxbaling
daily cs very bullish, why must short ?
H4 now totally OB, and daily is depend on H4.
  • #169,020
  • Apr 2, 2009 11:04pm Apr 2, 2009 11:04pm
Quoting PandoraBox
H4 now totally OB, and daily is depend on H4.

i agree with u, maybe we see rectrement , then pull up again,
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