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

  • #173,281
  • Apr 27, 2009 12:26am Apr 27, 2009 12:26am
interesting i was going to place a short but suddenly became bullish. any thoughts on this and what would be considered a resistance level?
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #173,282
  • Apr 27, 2009 12:27am Apr 27, 2009 12:27am
Quoting england33
interesting i was going to place a short but suddenly became bullish. any thoughts on this and what would be considered a resistance level?
it might fill the gap
Markets are not Random, they are designed!
  • #173,283
  • Apr 27, 2009 12:28am Apr 27, 2009 12:28am
Quoting Raza
Interesting..


is that a bullish hammer i see on Hourly?
.

Yeah, i want to believe so. Price still unable to break below the low of the range since last week. I think we might go either way from here.

We can only wait and see where GJ wants to go. I am long anyway, with my TPs @ 143.75 and 144.00. Also waiting to see how my next 4hr candle will close, which is still almost 3 hrs away from here.
  • #173,284
  • Apr 27, 2009 12:29am Apr 27, 2009 12:29am
wow bros thanks for the votes. I never expected to have even one vote and now i'm up to 4. i'm very flattered and thank you! with hard work i'll be up to 10 1 day i hope.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #173,285
  • Apr 27, 2009 12:29am Apr 27, 2009 12:29am
Quoting england33
interesting i was going to place a short but suddenly became bullish. any thoughts on this and what would be considered a resistance level?
not sure if the 3 min is upward channel or flag . we tested that support level 140.60 in asia ... odd that lol (manipulated to do so maybe)....

I am waiting to see if this channel breaks for a short,

vwap is 141.50 and point of control 141.80

if this is still bearish neither of these should be broken to upside


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  • #173,286
  • Apr 27, 2009 12:30am Apr 27, 2009 12:30am
Quoting Raza
it might fill the gap
i didn't even think about that gap...
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #173,287
  • Apr 27, 2009 12:32am Apr 27, 2009 12:32am
Quoting forexlion
every man does that
Hmmm bro, there you go again.
  • #173,288
  • Apr 27, 2009 12:34am Apr 27, 2009 12:34am
Quoting Raza
it might fill the gap

only a gap on mt4 platforms they open later than the real market there is no gap.

GJ opened where it closed friday on esignal (300 feeds) and fxcm
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  • #173,289
  • Apr 27, 2009 12:40am Apr 27, 2009 12:40am
Quoting malcolmb14
not sure if the 3 min is upward channel or flag . we tested that support level 140.60 in asia ... odd that lol (manipulated to do so maybe)....

I am waiting to see if this channel breaks for a short,

vwap is 141.50 and point of control 141.80

if this is still bearish neither of these should be broken to upside


Attachment
stop loss @ break even, fingers crossed
  • #173,290
  • Apr 27, 2009 12:40am Apr 27, 2009 12:40am
Everyone here screaming short? Time to look for longs then.

If everyone here can see obvious shorts, you can bet the big boys can too.
  • #173,291
  • Apr 27, 2009 12:41am Apr 27, 2009 12:41am
Quoting ukdaytrader
Everyone here screaming short? Time to look for longs then.

If everyone here can see obvious shorts, you can bet the big boys can too.

maybe the big boys want the herd to be short ot push down into the 138s to load up longs ......
Blogging daily now at www.volume.zone
  • #173,292
  • Apr 27, 2009 12:42am Apr 27, 2009 12:42am
Quoting botadufig05
stop loss @ break even, fingers crossed
sold off vwap 141.50 ..... watch the 15 min look like reversing after effort to rise
Blogging daily now at www.volume.zone
  • #173,293
  • Apr 27, 2009 12:43am Apr 27, 2009 12:43am
in regards to that alleged gap.. in reviewing my charts i think if it were to close that it would take sometime to do. perhaps more downside but i'm unsure. market illiquid at this point.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #173,294
  • Apr 27, 2009 12:45am Apr 27, 2009 12:45am
Quoting england33
in regards to that alleged gap.. in reviewing my charts i think if it were to close that it would take sometime to do. perhaps more downside but i'm unsure. market illiquid at this point.
only gap on mt4 platforms..... there is no gap to be filled ..... do not worry about it

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  • #173,295
  • Apr 27, 2009 12:46am Apr 27, 2009 12:46am
Quoting malcolmb14
sold off vwap 141.50 ..... watch the 15 min look like reversing after effort to rise
Yeah, saw it as well. Willing to give it a go. Stubbornly still holding on to it, nothing to loose.
  • #173,296
  • Apr 27, 2009 12:47am Apr 27, 2009 12:47am
Quoting malcolmb14
sold off vwap 141.50 ..... watch the 15 min look like reversing after effort to rise
That resistance is on daily and 4hrs, so dat makes it a strong one.
  • #173,297
  • Apr 27, 2009 12:54am Apr 27, 2009 12:54am
Quoting malcolmb14
only gap on mt4 platforms..... there is no gap to be filled ..... do not worry about it

Attachment
i noticed you said that but i decided to use it as a reference point just the same. it's clear to me it would be a considerable effort to get to that level. one thing is clear the lower open is a huge dent on bullish prospects that existed on the close last week.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #173,298
  • Apr 27, 2009 1:04am Apr 27, 2009 1:04am
Quoting england33
i noticed you said that but i decided to use it as a reference point just the same. it's clear to me it would be a considerable effort to get to that level. one thing is clear the lower open is a huge dent on bullish prospects that existed on the close last week.

till we get 4 hour close under 140.60 we are still ranging ... could be 140.60 to 144ish

lets see how the London session plays out when the real players show up
Blogging daily now at www.volume.zone
  • #173,299
  • Apr 27, 2009 1:05am Apr 27, 2009 1:05am
Morning all,

I see we're at 141 again.

Wonder if she'll break this time??
  • #173,300
  • Apr 27, 2009 1:11am Apr 27, 2009 1:11am
Quoting malcolmb14
till we get 4 hour close under 140.60 we are still ranging ... could be 140.60 to 144ish

lets see how the London session plays out when the real players show up
good point
Before Forex I was tall, and clean shaven. Now I am an Ewok.
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