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

  • #174,621
  • May 2, 2009 5:24am May 2, 2009 5:24am
Quoting mima
If you look daily there is room for 149
Please do post your chat. Would like to see them with Wajid.
When nothing goes right... go left.
  • #174,622
  • May 2, 2009 5:34am May 2, 2009 5:34am
here
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The Market pays you to be disciplined
  • #174,623
  • May 2, 2009 5:40am May 2, 2009 5:40am
Quoting mtajazz
Please do post your chat. Would like to see them with Wajid.
I agree with mima that there is still room for 149 to come but it doesn't mean that geppy will not move down. Anyway RSI is pretty close to overbought
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  • #174,624
  • May 2, 2009 5:45am May 2, 2009 5:45am
I'm still short @148.20 with the same TP @ 139, I'm following in this trade what Quecee has mentioned at the begining of April, where he said that prices in the begining of April will go up to 151.5 and it happened then he said to sell from 151.5 to 139 and it happened, then he said that prices will go to 148 and it happened, and then he said that prices will go to 139 again, now we are at that phase, will the prices go down again to 139? will wait and see, I made too many pips by using his analysis.
  • #174,625
  • May 2, 2009 5:58am May 2, 2009 5:58am
Quoting metlife777
I agree with mima that there is still room for 149 to come but it doesn't mean that geppy will not move down. Anyway RSI is pretty close to overbought


HMMMM you guys are right...there is overbought in gj 1hr..even we still have room for 149 which i am sure about but we also have a room to drop to 146 before we rise..i can see double top in gj 1hr so this seems to be a critical level ..
let market choose direction.
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MY OPINION NOT FINANCIAL ADVISE
  • #174,626
  • May 2, 2009 6:01am May 2, 2009 6:01am
Quoting pino2
I'm still short @148.20 with the same TP @ 139, I'm following in this trade what Quecee has mentioned at the begining of April, where he said that prices in the begining of April will go up to 151.5 and it happened then he said to sell from 151.5 to 139 and it happened, then he said that prices will go to 148 and it happened, and then he said that prices will go to 139 again, now we are at that phase, will the prices go down again to 139? will wait and see, I made too many pips by using his analysis.

i short the crab from 148.30 still holding and lock profit...possible we go down possible we rise ..trend is still up ...
MY OPINION NOT FINANCIAL ADVISE
  • #174,627
  • May 2, 2009 6:11am May 2, 2009 6:11am
Top 3 for the month of April
1- Quecee5 (the master of swing trading)
2- Piters (the master of day trading)
3- Malcolmb14 (the master of intraday trading and asian session predictor)
  • #174,628
  • May 2, 2009 6:18am May 2, 2009 6:18am
Hi guys,
Can anyone of you confirm the close of the Daily MACD cross at 5pm est / 21 gmt Friday. Did it close positive or still negative. My chart close at 4 pm est this is why I'm asking.
Thank you
  • #174,629
  • May 2, 2009 6:29am May 2, 2009 6:29am
Quoting Estero
Hi guys,
Can anyone of you confirm the close of the Daily MACD cross at 5pm est / 21 gmt Friday. Did it close positive or still negative. My chart close at 4 pm est this is why I'm asking.
Thank you


my daily macd still on positive but 1hr at overbought level.
MY OPINION NOT FINANCIAL ADVISE
  • #174,630
  • May 2, 2009 6:38am May 2, 2009 6:38am
Quoting donfriday
my daily macd still on positive but 1hr at overbought level.
did the cross occur on yours b/c at my 4pm daily close we were still below the MA but by only 1 tick. if the cross occured this thing might gap up. jmho
  • #174,631
  • May 2, 2009 6:51am May 2, 2009 6:51am
Quoting Estero
did the cross occur on yours b/c at my 4pm daily close we were still below the MA but by only 1 tick. if the cross occured this thing might gap up. jmho
on my 4H Stoc is crossed, do you expect gap down?
  • #174,632
  • May 2, 2009 7:02am May 2, 2009 7:02am
Quoting metlife777
on my 4H Stoc is crossed, do you expect gap down?
My short term bias is up as there are a little bit of room still to go up in both GU and UJ before TL on the daily, my daily macd on gu has just crossed up but uj still hasn't. I don't like to talk about indicators but may be for a last jump up prior to retrace. I have read somewhere to never sell a dull mkt I think friday was one of them
E
  • #174,633
  • May 2, 2009 7:18am May 2, 2009 7:18am
Quoting Estero
My short term bias is up as there are a little bit of room still to go up in both GU and UJ before TL on the daily, my daily macd on gu has just crossed up but uj still hasn't. I don't like to talk about indicators but may be for a last jump up prior to retrace. I have read somewhere to never sell a dull mkt I think friday was one of them
E
tht was a good advice abt dull mkt
  • #174,634
  • May 2, 2009 7:46am May 2, 2009 7:46am
CABLE: As long as we are trading in this daily channel I'm bullish. Also, the second chart, the monthly chart below, candlestick pattern, says to me, "thou shalt buy all dips".

But I don't trade monthly charts or even weekly charts, so I'll use it as a guide, but trade the daily charts as I see it.
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  • #174,635
  • May 2, 2009 7:58am May 2, 2009 7:58am
Quoting GodfreyH
CABLE: As long as we are trading in this daily channel I'm bullish. Also, the second chart, the monthly chart below, candlestick pattern, says to me, "thou shalt buy all dips".

But I don't trade monthly charts or even weekly charts, so I'll use it as a guide, but trade the daily charts as I see it.
we might expect second touch of lower band of channel due to symmetry probability IMHO
  • #174,636
  • May 2, 2009 8:00am May 2, 2009 8:00am
UJ weekly chart MACD closed above zero line. Not sure how significant this is.
  • #174,637
  • May 2, 2009 9:05am May 2, 2009 9:05am
Quoting pino2
Top 3 for the month of April
1- Quecee5 (the master of swing trading)
2- Piters (the master of day trading)
3- Malcolmb14 (the master of intraday trading and asian session predictor)

I agree. Godfrey fits in there somewhere and with Bigcoupe being the Master Contrarian indicator :-(


B
  • #174,638
  • May 2, 2009 9:07am May 2, 2009 9:07am
Quoting bigcoupe
I agree. Godfrey fits in there somewhere and with Bigcoupe being the Master Contrarian indicator :-(


B
.. you are funny man ..
  • #174,639
  • May 2, 2009 11:29am May 2, 2009 11:29am
Does anyone ever trade the Euro/Jpy?? I think I see a potential gartley setup on the daily??
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  • #174,640
  • May 2, 2009 11:51am May 2, 2009 11:51am
Quoting mktjong
UJ weekly chart MACD closed above zero line. Not sure how significant this is.
With weekly and daily MACD cross the zero line, potential trading up to weekly 50 ema is possible. Weekly Geppy 50 ema is around 161 area .. :-)
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