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

  • #169,881
  • Apr 8, 2009 5:14pm Apr 8, 2009 5:14pm
Quoting malcolmb14
opps forgot chart

Attachment
What I see in this chart is my favorite setup. The descending triangle. Unless we move above the 4H Gann, I will keep selling the rallies.

B
  • #169,882
  • Apr 8, 2009 5:15pm Apr 8, 2009 5:15pm
Quoting malcolmb14
opps forgot chart

Attachment
It looks to me like in a ranging mode at the moment with a tendency to trade downward as 4H chart is still bearish.
  • #169,883
  • Apr 8, 2009 5:32pm Apr 8, 2009 5:32pm
Quoting mktjong
It looks to me like in a ranging mode at the moment with a tendency to trade downward as 4H chart is still bearish.

well it is ranging ... we have tested only 38 % of last down move,

a bounce off 150 was to be expected ...500 pips at least buyt we have only seen 400


there are sign of selling at 147.5 and signs of buying 146 .. enjoy the range ..I have been

here is a possible scenario if es test 850 as it look like it might before easter weekend

Attached Image (click to enlarge)
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  • #169,884
  • Apr 8, 2009 6:50pm Apr 8, 2009 6:50pm
New daily pivots. Price is currently below the DPP, as well as the M15 Gann, the 1H Gann, and the 4H Gann.

http://www.actionforex.com/technical...-200603205734/
Attached Image
  • #169,885
  • Apr 8, 2009 6:56pm Apr 8, 2009 6:56pm
They should take that extra money and open a micro account and trade forex...

It can buy a full tank of gas for the week..or box of cancer sticks...

http://www.forexfactory.com/showpost...stcount=169822







Quoting malcolmb14
10 - 15 per week will really help those out that have tens of thousands in debt ...and are in a deficit every month of money required to live versus earned income of $200 or more ... most americans are using credit to survive
[
  • #169,886
  • Apr 8, 2009 6:59pm Apr 8, 2009 6:59pm
Quoting rgitt05
They should take that extra money and open a micro account and trade forex...

It can buy a full tank of gas for the week..or box of cancer sticks...

http://www.forexfactory.com/showpost...stcount=169822



not sure where you but $10 .. a full tank of gas ... wot you driving a lawn mower ??? lol
Blogging daily now at www.volume.zone
  • #169,887
  • Apr 8, 2009 7:09pm Apr 8, 2009 7:09pm
Quoting malcolmb14
not sure where you but $10 .. a full tank of gas ... wot you driving a lawn mower ??? lol

hahaaa
"Millionaires don't use astrology, billionaires do"
  • #169,888
  • Apr 8, 2009 7:09pm Apr 8, 2009 7:09pm
Quoting malcolmb14
not sure where you but $10 .. a full tank of gas ... wot you driving a lawn mower ??? lol
this thing perhaps. Pretty nimble too.
http://www.smh.com.au/world/strangeb...0401-9isd.html

LOL in Sydney $US15 prolly be worth around half a dinner in the city
  • #169,889
  • Apr 8, 2009 7:12pm Apr 8, 2009 7:12pm
Price has been making lower highs since 151.52, but hasn't been able to get through support at 145.71. This has formed a loose "triangle like" formation since the high. But we now have a technically correct descending triangle pattern on the 1H chart.

I'll be looking for a break in either direction. A break to the upside would invalidate it. A break to the downside should yield a move to at least the 50% retrace level, and perhaps even the 142.50 - 143 area.

http://www.chartpatterns.com/descend...nglecharts.htm
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  • #169,890
  • Apr 8, 2009 7:17pm Apr 8, 2009 7:17pm
Inserted Video




Quoting malcolmb14
not sure where you but $10 .. a full tank of gas ... wot you driving a lawn mower ??? lol
[
  • #169,891
  • Apr 8, 2009 7:22pm Apr 8, 2009 7:22pm
Quoting rgitt05
They should take that extra money and open a micro account and trade forex...

It can buy a full tank of gas for the week..or box of cancer sticks...
Lol, After 2 weeks you can open a micro account for $25.00. Try to find a broker that gives you a leverage of 1:500.
Then you can trade 5 micro lots GBP/Yen and still have 20 pips incl. spread left before you get margin call.
50 pips in the plus will double your account.

It's that easy
New voice message: Why are you calling me? If I need you, I'll call you!
  • #169,892
  • Apr 8, 2009 7:27pm Apr 8, 2009 7:27pm
Here is your lawn mower malcolmb14

Inserted Video





Quoting malcolmb14
not sure where you but $10 .. a full tank of gas ... wot you driving a lawn mower ??? lol
[
  • #169,893
  • Apr 8, 2009 7:37pm Apr 8, 2009 7:37pm
Quoting rgitt05
Here is your lawn mower malcolmb14

http://www.youtube.com/watch?v=_lqwNp6txO4


the guy wasnt too concerned about a crash, seems some serious skin graphing could be on a tiny stone on road

seen it all now
"Millionaires don't use astrology, billionaires do"
  • #169,894
  • Apr 8, 2009 7:38pm Apr 8, 2009 7:38pm
Quoting rgitt05
Here is your lawn mower malcolmb14

http://www.youtube.com/watch?v=_lqwNp6txO4

ROFL.That was a nice one. Nice comic relief with this stagnant market
  • #169,895
  • Apr 8, 2009 8:03pm Apr 8, 2009 8:03pm
Quoting botadufig05
ROFL.That was a nice one. Nice comic relief with this stagnant market
What stagnant market ................ I just made 3.5 pip.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #169,896
  • Apr 8, 2009 8:13pm Apr 8, 2009 8:13pm
Hopefully we'll get a break to the downside in the next 12 hours.
Momentum points down, we have a decending triangel, QQE below 50, and we are under the Gan HiLo

Shamu
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New voice message: Why are you calling me? If I need you, I'll call you!
  • #169,897
  • Apr 8, 2009 8:18pm Apr 8, 2009 8:18pm
daily RSX showing red
  • #169,898
  • Apr 8, 2009 8:19pm Apr 8, 2009 8:19pm
Quoting KillerWhale
Hopefully we'll get a break to the downside in the next 12 hours.
Momentum points down, we have a decending triangel, QQE below 50, and we are under the Gan HiLo

Shamu
thanks for the good news.
  • #169,899
  • Apr 8, 2009 8:20pm Apr 8, 2009 8:20pm
Quoting KillerWhale
What stagnant market ................ I just made 3.5 pip.


you guys looking at this all wrong ... stagnent ? just cause it is not ripping hundreds of pips ?

we are ranging from 146.3 9 daily fib pivot - 23.6 to the 4/8 murrey math line , which is a mjor pivot and just under the daily pivot at 146.88 ... last time I looked that is 58 pips....

traded up and down and a little of the up ....

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  • #169,900
  • Apr 8, 2009 8:29pm Apr 8, 2009 8:29pm
Quoting gillybabe
Where have you put your stop loss for the 146.10 lots??
hit 153 will drag my %margin and margin call lol....Unfotunately it is not...
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