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

  • #174,681
  • May 3, 2009 9:45am May 3, 2009 9:45am
Quoting fising
hi guys...

long time no update my chart... just my personal preview at geppy daily chart i believe that market wanna continue... bullish again this week to completed subwave v or a (153.60)...wish me luck ..
no luck required .. destiny baby , clear as day on my charts 153 minimum
Blogging daily now at www.volume.zone
  • #174,682
  • May 3, 2009 9:49am May 3, 2009 9:49am
Quoting malcolmb14
so that tells me if gap down by snot out of it .... Nikkei should rip up and not often i have seen gj go opposite direction.

This may actually be GBPJPY bullish not bearish , however not sure what the implications are on this news on JPY demand
was hoping to get clarification from someone in the room
  • #174,683
  • May 3, 2009 10:01am May 3, 2009 10:01am
dont forget japan is on bank holiday tonight, AND the next 2 days, which I guess probably means very little significant movement during asian sessions until wednesday night?
  • #174,684
  • May 3, 2009 10:08am May 3, 2009 10:08am
Quoting malcolmb14
so that tells me if gap down by snot out of it .... Nikkei should rip up and not often i have seen gj go opposite direction.

This may actually be GBPJPY bullish not bearish , however not sure what the implications are on this news on JPY demand
yeah, i didn't read the entire article, but my first impression would be bullish for the crosses. to the moon Alice . . .
"Don't trade to trade . . . trade to win." - James16
  • #174,685
  • May 3, 2009 10:12am May 3, 2009 10:12am
Quoting malcolmb14
look to my earlier posting ....

WHAT IS THE NEWS TO DRIVE THIS ? gj does not dro for now reason , weekend feeds unreliable. I had odd 200 pip 3 mion candle late friday on esignal .

Remeber 2 weekends ago - 700 pips then it opened with a 40 pip gap ?
yeah but immediately after the so called 40 pip gap it crashed to 139, a SO CALLED 400 PIP, you should read history more carefully

weekend feeds set the tone for monday open always, and i have observed this for 3 years now.

but then, you are an expert you should know better.
  • #174,686
  • May 3, 2009 10:18am May 3, 2009 10:18am
LOL
  • #174,687
  • May 3, 2009 10:19am May 3, 2009 10:19am
Anyone interrested in these fib. patterns here is the site info.
http://www.fx360.com/techAnalysis/chartPatterns.aspx
  • #174,688
  • May 3, 2009 10:25am May 3, 2009 10:25am
Quoting forexlion
yeah but immediately after the so called 40 pip gap it crashed to 139, a SO CALLED 400 PIP, you should read history more carefully

weekend feeds set the tone for monday open always, and i have observed this for 3 years now.

but then, you are an expert you should know better.
lol...

but at that time look at the trend the week before it was down and the next week was just a continuation of that move , the move to 139 was expected . My self and my buddy the mad Greek were selling down to it and then expecting bounce of this level and no lower than 137.50.

This week if we get a gap down of even 100 pips it will be seen as an oppertunity for the smart money to buy at a discount as the trend is up on the daily. i do not think we will see pivot high till 150 and maybe 153

come on ... you a professional trader from India , in market for 3 years you should know this by now. Gaps in opposite direction of trend are always filled and trend continues.

Myself I rarely hold over the weekend as anything can happen , I much prefer the day trading thing , as long as my account continues to grow 7 to 10 % per week for the next 4 years i will be happy as i can then retire a very wealthy man
Blogging daily now at www.volume.zone
  • #174,689
  • May 3, 2009 10:30am May 3, 2009 10:30am
Quoting malcolmb14
lol...

come on ... you a professional trader from India , in market for 3 years you should know this by now. Gaps in opposite direction of trend are always filled and trend continues.

Myself I rarely hold over the weekend as anything can happen , I much prefer the day trading thing , as long as my account continues to grow 7 to 10 % per week for the next 4 years i will be happy as i can then retire a very wealthy man
there you go showing off again . . .
"Don't trade to trade . . . trade to win." - James16
  • #174,690
  • Edited 11:58am May 3, 2009 10:31am | Edited 11:58am
Quoting malcolmb14
so that tells me if gap down by snot out of it .... Nikkei should rip up and not often i have seen gj go opposite direction.

This may actually be GBPJPY bullish not bearish , however not sure what the implications are on this news on JPY demand
Strong Yen is a big threat which is ready to deflate the Japanese currency and that will lead to collapse of whole market in long term; Central bank is desperate to inflate their currency to support the recovery of economy;
we might see Yen weaker if swaps will work as it was planned for
  • #174,691
  • May 3, 2009 10:33am May 3, 2009 10:33am
Quoting Flem26
there you go showing off again . . .
I know i cannot help it...lol
Blogging daily now at www.volume.zone
  • #174,692
  • May 3, 2009 10:47am May 3, 2009 10:47am
Well in my opinion it can go up to 151 or down to 146...It depends on yen now...
The Market pays you to be disciplined
  • #174,693
  • May 3, 2009 10:48am May 3, 2009 10:48am
Quoting malcolmb14
lol...

but at that time look at the trend the week before it was down and the next week was just a continuation of that move , the move to 139 was expected . My self and my buddy the mad Greek were selling down to it and then expecting bounce of this level and no lower than 137.50.

This week if we get a gap down of even 100 pips it will be seen as an oppertunity for the smart money to buy at a discount as the trend is up on the daily. i do not think we will see pivot high till 150 and maybe 153

come on ... you a professional trader from India...
Those are BANKS ORDERS mate.. they are buying from 145.72;

Happend last time with 118.82 - happening this time again..

Monday morning is a very LOW vol. day Jap. bank holiday and UK May Day. we can go anywhere, but that level is a protected.. means we cannot drop lower then that [imho] what we are seeing is only a banks SL.. which is not a quarantee that we go there...!!! - only a SL

cheers.!
  • #174,694
  • May 3, 2009 11:11am May 3, 2009 11:11am
Quoting Piters
Those are BANKS ORDERS mate.. they are buying from 145.72;

Happend last time with 118.82 - happening this time again..

Monday morning is a very LOW vol. day Jap. bank holiday and UK May Day. we can go anywhere, but that level is a protected.. means we cannot drop lower then that [imho] what we are seeing is only a banks SL.. which is not a quarantee that we go there...!!! - only a SL

cheers.!
I agree with this explanation Piters,
mal seems high on weed.
and anyways, why should we bother with targets, just ride the swings, who cares for stupid mal targets.
  • #174,695
  • May 3, 2009 11:43am May 3, 2009 11:43am
gu = 1.4911
uj = 99.25

1.4911 x 99.25 = 147.99

i don't know how they come up with gj at 145.72 though
  • #174,696
  • May 3, 2009 11:52am May 3, 2009 11:52am
Quoting Estero
gu = 1.4911
uj = 99.25

1.4911 x 99.25 = 147.99

i don't know how they come up with gj at 145.72 though
oh they're probably telling us where it is going to go.... let see, if it does go at 145.72 in next session. I'm going to follow this next week, could be an edge. lol
  • #174,697
  • May 3, 2009 11:53am May 3, 2009 11:53am
Quoting forexlion
I agree with this explanation Piters,
mal seems high on weed.
and anyways, why should we bother with targets, just ride the swings, who cares for stupid mal targets.
lol .. funny ...

posting at beginning of last week that got scoffed at for 150 target , 148.5 by Friday made me 750 pips last week. Daily still strong . I hope it gaps down 200 pips so that I can add to my long

nothing weak about ES daily either , 937 maybe next week ? for sure 150 and more likely 153 target will get hit. I think i will stick to what i said last week and collect the remaining 150 to 500 pips on my long.

bears good luck !! those with stops 151.5 be careful.. 153 to 155 maybe next pivot high if daily symmetry holds as it has been since 119 . / Jan this year


This seems almost to easy to follow ... symmetry been holding really well. I have been talking about this symmetry on the longer term charts for a few weeks now

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  • #174,698
  • May 3, 2009 12:01pm May 3, 2009 12:01pm
esignal 300 data source feed just opened

forexlion on crack .sell sell sell .. lol .. rofl ..professional indian trader rofl rofl

... price at 147.93
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  • #174,699
  • May 3, 2009 12:10pm May 3, 2009 12:10pm
I guess we're going to need those buyers at 145.72
  • #174,700
  • May 3, 2009 12:13pm May 3, 2009 12:13pm
Quoting malcolmb14
esignal 300 data source feed just opened

forexlion on crack .sell sell sell .. lol .. rofl ..professional indian trader rofl rofl

... price at 147.93
look's like som1 julls got bursted..gud day to all
Imanuel Parsifal
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