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

  • #173,081
  • Apr 24, 2009 9:27am Apr 24, 2009 9:27am
I belive it will really be a massive drop to 136.00, lets whait and see, i hope i'm right otherwise i cry cry cry
  • #173,082
  • Apr 24, 2009 9:30am Apr 24, 2009 9:30am
Quoting msniper
i think we might see this scenario after few hours it will be canceled if we close below 141

a close above 142.20 on 15 mins is the key to go up
This coulld be considered as 1-2-3 bottom or inverted Head and Shoulder...i think...
Markets are not Random, they are designed!
  • #173,083
  • Apr 24, 2009 9:34am Apr 24, 2009 9:34am
Quoting vitlated
I belive it will really be a massive drop to 136.00, lets whait and see, i hope i'm right otherwise i cry cry cry
yes, looks to me like selloff setup, and the target is real, then back up to 145, and drop from there, somewhere from next month...

[JWMCS]
  • #173,084
  • Apr 24, 2009 9:38am Apr 24, 2009 9:38am
Quoting Raza
This coulld be considered as 1-2-3 bottom or inverted Head and Shoulder...i think...
don't think it is.... right side neck point is way too lower than the left side, but let's see if it works out.
  • #173,085
  • Apr 24, 2009 10:09am Apr 24, 2009 10:09am
Quoting Geppyg
I have taken a hit of 35 pips....Because it seems like there is mommentum to go down...

Now let it go all the way back up again...If this works....I am starting a signal service....Geppyfadersignals.com

Sorry, 'geppyfadersignals.com' does not exist or is not available.
  • #173,086
  • Apr 24, 2009 10:47am Apr 24, 2009 10:47am
alright ppl..

enjoy ur weekend...lots of market moving events over the weekend..so we should get clearer picture...baby

I'm still holding longs...off 135 & 140 levels..watching 141.50 and LTL for downside movement.

TP1-147

Keeping longs unless 140.50 is taken out (daily bar closes below this level)...

happy pippin...
  • #173,087
  • Apr 24, 2009 11:06am Apr 24, 2009 11:06am
Quoting Big Bruv
alright ppl..

enjoy ur weekend...lots of market moving events over the weekend..so we should get clearer picture...baby

I'm still holding longs...off 135 & 140 levels..watching 141.50 and LTL for downside movement.

TP1-147

Keeping longs unless 140.50 is taken out (daily bar closes below this level)...

happy pippin...
Yeah another BS weekend when nothing happens - lol.
  • #173,088
  • Apr 24, 2009 11:09am Apr 24, 2009 11:09am
Is that a HS I can see on the m15???

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.jpg Size: 131 KB
  • #173,089
  • Apr 24, 2009 11:49am Apr 24, 2009 11:49am
Here's a look at the monthly pivot for the past 3 months. It's currently 139ish. But if it rises again a week from now, it could be within the current price range.
Attached Image (click to enlarge)
Click to Enlarge Name: daily.jpg Size: 133 KB
  • #173,090
  • Apr 24, 2009 12:43pm Apr 24, 2009 12:43pm
lower trendline daring to break on my pf chart..
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 43 KB
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #173,091
  • Apr 24, 2009 1:48pm Apr 24, 2009 1:48pm
Forexlion it is good advice and the main advice for sure- if you know how to read charts but that can take a while- I have learned a lot from listenting to the explanations of others so following them is ok for newer traders methinks-



At any rate- my 4H charts show it could go lower but also a bullish divergence- may mean it will paddle around here for a while until the 4H lines up?
  • #173,092
  • Apr 24, 2009 2:42pm Apr 24, 2009 2:42pm
Quoting stewrigh
One other thing you might like to look at is the monthly pin currently forming....

Attachment
bro pointed that out to u the other day. . . I believe someone else said it was a 3 chicken sandwich formation or 3 crows luncheon meat formation or something like that - can't remember. . .

Nevertheless, I think it speaks for itself. . .
  • #173,093
  • Apr 24, 2009 2:44pm Apr 24, 2009 2:44pm
It speaks for itself-

What does it say?
  • #173,094
  • Apr 24, 2009 2:54pm Apr 24, 2009 2:54pm
Quoting bidie
It speaks for itself-

What does it say?
We can expect lower price sooner rather than later. . .

http://www.scribd.com/doc/192645/Pin-Bars-Introduction
  • #173,095
  • Apr 24, 2009 4:29pm Apr 24, 2009 4:29pm
Quoting quecee5
bro pointed that out to u the other day. . . I believe someone else said it was a 3 chicken sandwich formation or 3 crows luncheon meat formation or something like that - can't remember. . .

Nevertheless, I think it speaks for itself. . .

did that include the head because im straving
  • #173,096
  • Apr 24, 2009 6:25pm Apr 24, 2009 6:25pm
What is the best time of the day to trade these pairs GBP/JPUY and GBP/USD? Is there a specific time of the day to stay off to the side?
Gary
  • #173,097
  • Apr 24, 2009 7:36pm Apr 24, 2009 7:36pm
according to the COT report, the big speculators pared their shorts on USD/JPY and added to their longs.
I recommend you read something else as this sentence is now concluded.
  • #173,098
  • Apr 25, 2009 2:14am Apr 25, 2009 2:14am
Quoting quecee5
bro pointed that out to u the other day. . . I believe someone else said it was a 3 chicken sandwich formation or 3 crows luncheon meat formation or something like that - can't remember. . .

Nevertheless, I think it speaks for itself. . .
Thought it worth repeating during the debate going on at that time.

You're not the only one who can see pins BTW.
  • #173,099
  • Apr 25, 2009 2:28am Apr 25, 2009 2:28am
>Nevertheless if we are to go deep next week i am expecting GJ to move back up and creat a new momentum for the bears...the close of the market day candle close above the previous day and i think we are moving back up..i am expecting 145 if we are to go down .weekly candle still bearish.
Attached Image (click to enlarge)
Click to Enlarge Name: daily.gif Size: 27 KB
MY OPINION NOT FINANCIAL ADVISE
  • #173,100
  • Apr 25, 2009 2:30am Apr 25, 2009 2:30am
Quoting mktjong
battling at daily pivot, sellers and buyers .. who is gonna win?

u are right daily is for bull and bears...but i think we should move back up to 145 before we go down if the bear move must continue..
MY OPINION NOT FINANCIAL ADVISE
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