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

  • #171,221
  • Edited 11:36am Apr 16, 2009 11:25am | Edited 11:36am
Quoting quecee5
Actually 1hr chart is showing upside movement with targets set at 149.22 and 150.88. . . A 1hr close above 148.20 and back to 149 we go. . .

Also, looking for targets at 151.83 and 155 to get touch sooner rather than later. . . will print a chart shortly. . .
Q, I don't think we would see 150.xx as daily downward momentum is starting to wane.
( I meant downward momentum is accelerating )
  • #171,222
  • Apr 16, 2009 11:36am Apr 16, 2009 11:36am
Quoting quecee5
Actually 1hr chart is showing upside movement with targets set at 149.22 and 150.88. . . A 1hr close above 148.20 and back to 149 we go. . .

Also, looking for targets at 151.83 and 155 to get touch sooner rather than later. . . will print a chart shortly. . .
Along with DJ holding at support and looking constructive.
Patience + Humility + Study = Success
  • #171,223
  • Apr 16, 2009 11:50am Apr 16, 2009 11:50am
Quoting Big Bruv
just my 2cents......
...... but be careful with the GBP pairs....looks like a simple retrace to me...GBP is going higher....when?...i dunno but don't get sucked into "tanking mentality just yet"....wait for confirmation...baby

I don't believe there will be any significant upward movement for gbpusd, as long as the rsx angles are negative and the slope line remains red.

In fact, I think its just getting warmed up for a fall. GBP has already done its daily range and is now in range mode, but retracements up to the slope line are possible.

...but for others who might follow this, I no longer trade manually, nor use stop losses or take profit, I just follow the trend. I do however have an emergency stop of 300 pips, just in case of internet failure, or some act of the Broker
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 19 KB
  • #171,224
  • Apr 16, 2009 11:59am Apr 16, 2009 11:59am
Quoting GodfreyH
I don't believe there will be any significant upward movement for gbpusd, as long as the rsx angles are negative and the slope line remains red.

In fact, I think its just getting warmed up for a fall. GBP has already done its daily range and is now in range mode, but retracements up to the slope line are possible.
The close today should tell us more...i favour stronger GBP but lets see what daily says...baby

just watching cable..at the mo...lets see if US can spice things up after lunch
  • #171,225
  • Apr 16, 2009 12:19pm Apr 16, 2009 12:19pm
Quoting quecee5
Actually 1hr chart is showing upside movement with targets set at 149.22 and 150.88. . . A 1hr close above 148.20 and back to 149 we go. . .

Also, looking for targets at 151.83 and 155 to get touch sooner rather than later. . . will print a chart shortly. . .
today is bear's day and GJ is forming a bear flag according to DTF IMHO
  • #171,226
  • Apr 16, 2009 12:28pm Apr 16, 2009 12:28pm
Quoting Eulogy
YM is looking like its being sold into strength. Not sure what this holds for GJ but atm YM is looking like its seeing some professional selling.


they marked down into support 843 on es then up we went . Really enjoying trading the futures last 2 days
Blogging daily now at www.volume.zone
  • #171,227
  • Apr 16, 2009 12:48pm Apr 16, 2009 12:48pm
Hi everybody,
I'm sorry for this stupid question, but I wonder if YM = WSFUT in MT4?
Addicted to FX
  • #171,228
  • Apr 16, 2009 12:50pm Apr 16, 2009 12:50pm
Quoting OrionsWay
LOL there is alot of potential with it just need a TON of subscribers

I have 18 atm but only 4 actively playing the trades full time and lucky them i must say, money for nothing and chicks for free

1 dude was playing 5 mini's each trade multi trades, now he bumped it to 6, Good money management on his part BUT will need to make him 100k to get a friggin standard lot trading out of him LOL
I love it
Discipline + Patience - Fear - Greed = Success
  • #171,229
  • Apr 16, 2009 12:57pm Apr 16, 2009 12:57pm
Quoting ukdaytrader
.... I wouldn't normally do this but this is a bit special.

www.youtube.com/watch?v=9lp0IWv8QZY

(not trading related).
where in the heavens did you get that from !!!

watched it 7 times already and still want to watch it again and again and again ......

superb performance !!!
  • #171,230
  • Apr 16, 2009 12:57pm Apr 16, 2009 12:57pm
Quoting malcolmb14
they marked down into support 843 on es then up we went . Really enjoying trading the futures last 2 days
do u trade WTI or brent crude
  • #171,231
  • Apr 16, 2009 1:05pm Apr 16, 2009 1:05pm
Quoting arezab
I love it

is this you you dirty dog LOL congrats if it is

big euro score coming for u will let this one run to TP for yea


Take a nice vacation on me
"Millionaires don't use astrology, billionaires do"
  • #171,232
  • Apr 16, 2009 1:06pm Apr 16, 2009 1:06pm
Quoting sometospend
do u trade WTI or brent crude
no i stick to ES ... could never get in groove with oil
Blogging daily now at www.volume.zone
  • #171,233
  • Apr 16, 2009 1:24pm Apr 16, 2009 1:24pm
WOW How wonderful..thank you...I need to watch this again!

Quoting ukdaytrader
.... I wouldn't normally do this but this is a bit special.

www.youtube.com/watch?v=9lp0IWv8QZY

(not trading related).
  • #171,234
  • Apr 16, 2009 1:53pm Apr 16, 2009 1:53pm
The way "geppy's" been trading lately I wouldn't count on it heading any lower. . . Looks like its gunning for 150-151. . .
  • #171,235
  • Apr 16, 2009 2:14pm Apr 16, 2009 2:14pm
Quoting quecee5
The way "geppy's" been trading lately I wouldn't count on it heading any lower. . . Looks like its gunning for 150-151. . .
yeh bring it on, im still long from 146.45
  • #171,236
  • Apr 16, 2009 2:17pm Apr 16, 2009 2:17pm
Quoting metlife777
today is bear's day and GJ is forming a bear flag according to DTF IMHO
Weekly is forming a evening star. GBP/USD will drop with tommorow sellout . bringing GJ down and confirming the evening star.
  • #171,237
  • Apr 16, 2009 2:19pm Apr 16, 2009 2:19pm
Quoting Terminale
Weekly is forming a evening star. GBP/USD will drop with tommorow sellout . bringing GJ down and confirming the evening star.
evening star at weekly????where???sorry i am newbie
  • #171,238
  • Apr 16, 2009 2:30pm Apr 16, 2009 2:30pm
Quoting Terminale
Weekly is forming a evening star. GBP/USD will drop with tommorow sellout . bringing GJ down and confirming the evening star.
let's watch out tomorrow's and Monday's moves
  • #171,239
  • Apr 16, 2009 2:36pm Apr 16, 2009 2:36pm
Hi Piters,
how are you today?
Hey, did you see how they've been pushing YM?
This is just incredible.
Are you planning to short YM any time soon?
  • #171,240
  • Apr 16, 2009 2:37pm Apr 16, 2009 2:37pm
Quoting quecee5
The way "geppy's" been trading lately I wouldn't count on it heading any lower. . . Looks like its gunning for 150-151. . .
resistance seems strong to me times getting on and with the dow up over a hundred points there will be alot of profit taking ( potential ) we could see quite a bit off selling asia london i wouldn't be going long now
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