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

  • #177,161
  • May 14, 2009 5:34am May 14, 2009 5:34am
Quoting Galatasaray
Yes my weekly is way too sold this week. İt has touched the lower uptrend line already. But the daily closed below the median. So its confusing
142.50 area where i need to becarefull for my last short for last target of 141.80...

Not sure to the rest as am maybe wrong...
Attached Image (click to enlarge)
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  • #177,162
  • May 14, 2009 5:36am May 14, 2009 5:36am
143.00seems a sure bet
Imanuel Parsifal
  • #177,163
  • May 14, 2009 5:37am May 14, 2009 5:37am
Gidday guys.. I have a huge post count which makes me important on this forum.

Thanks.

Not.

Haha
  • #177,164
  • May 14, 2009 5:38am May 14, 2009 5:38am
Quoting grashid
142.50 area where i need to becarefull for my last short for last target of 141.80...

Not sure to the rest as am maybe wrong...
the daily chart has a very good room for southern action. but i never enter a trade if my other charts have ran out of space. Otherwise my daily is giving me room until 140.50s either today or tomorrow. and there has been a good fall in the last few minutes. I wish my weekly chart had not crossed below lower uptrend line.
  • #177,165
  • May 14, 2009 5:39am May 14, 2009 5:39am
Quoting uksnowman
sycho, what are your targets for today?
143.05-141.69..little retrace and close in 0n 140-138 towards asian open
Imanuel Parsifal
  • #177,166
  • May 14, 2009 5:39am May 14, 2009 5:39am
Quoting PandoraBox
My Chart said :

Daily - Down

Weekly - Only next week could confirm down or up. If next week candle is bearish candle, we might see 1000 ~ 2000 pips down.

Monthly TF - If monthly candle close below 142.60, we might see bearish engulfing candle at monthly TF.

Really thanks for your msg, I forgot to see monthly chart this week.
daily is way too bearish i agree. but weekly is still making me stay away although the pair is falling for the last few minutes. I might be staying away from this week's further bearish move as 145.40 was the lowest i had decided to go when the week started.
  • #177,167
  • May 14, 2009 5:45am May 14, 2009 5:45am
Quoting Galatasaray
the daily chart has a very good room for southern action. but i never enter a trade if my other charts have ran out of space. Otherwise my daily is giving me room until 140.50s either today or tomorrow. and there has been a good fall in the last few minutes. I wish my weekly chart had not crossed below lower uptrend line.
This is my weekly chart....maybe it can help you to find something...
Attached Image (click to enlarge)
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  • #177,168
  • May 14, 2009 5:48am May 14, 2009 5:48am
Quoting grashid
This is my weekly chart....maybe it can help you to find something...
thanx for the chart but there is a very different technique i use in drawing the weekly charts. Though of course sooner or later the up or downtrend lines will be broken.
  • #177,169
  • May 14, 2009 5:48am May 14, 2009 5:48am
Quoting Galatasaray
daily is way too bearish i agree. but weekly is still making me stay away although the pair is falling for the last few minutes. I might be staying away from this week's further bearish move as 145.40 was the lowest i had decided to go when the week started.
you are truly a holy man
for you have seen satan's nuts
  • #177,170
  • May 14, 2009 5:51am May 14, 2009 5:51am
Quoting forexlion
you are truly a holy man
for you have seen satan's nuts
I've seen them
and staying away from them
  • #177,171
  • May 14, 2009 5:51am May 14, 2009 5:51am
next week .........
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  • #177,172
  • May 14, 2009 5:58am May 14, 2009 5:58am
Quoting Galatasaray
thanx for the chart but there is a very different technique i use in drawing the weekly charts. Though of course sooner or later the up or downtrend lines will be broken.
Then u may think on how to improve on it..Here a lot of 'Master Trader' if you smart enough how to identify them...normally there only on/off with a very minimum post...find them, PA and learn from them..

While u r sending this post regarding ur LTL on ur daily & weekly u already miss 100+pips south and am just see my second last target @143.50 is in green closed.

Will be great if you can see n check a few post in last couple of hr as we have some discussion on it...Keep it up and good luck mate..
  • #177,173
  • May 14, 2009 6:00am May 14, 2009 6:00am
Quoting forexlion
next week .........
according the chart you post, I didn't get Why u selling?
  • #177,174
  • May 14, 2009 6:00am May 14, 2009 6:00am
Quoting grashid
Then u may think on how to improve on it..Here a lot of 'Master Trader' if you smart enough how to identify them...normally there only on/off with a very minimum post...find them, PA and learn from them..

While u r sending this post regarding ur LTL on ur daily & weekly u already miss 100+pips south and am just see my second last target @143.50 is in green closed.

Will be great if you can see n check a few post in last couple of hr as we have some discussion on it...Keep it up and good luck mate..
why improve on something as it helps me alot?
ive been right lots of times when 'master traders' said the opposite.
also i have not been wrong on my chart as well. because i did not take any long order, i just felt uncomfortable shorting it further.
got a bit below 200 pips on the pair this week.

i just don't use the lower end's on a candle bar to come up with the trend.
  • #177,175
  • May 14, 2009 6:03am May 14, 2009 6:03am
u/j 94.69 calling...could som1 explain 2 me y! this ugly buyers have to position at 143.67...
Imanuel Parsifal
  • #177,176
  • May 14, 2009 6:05am May 14, 2009 6:05am
Quoting Galatasaray
why improve on something as it helps me alot?
ive been right lots of times when 'master traders' said the opposite.
also i have not been wrong on my chart as well. because i did not take any long order, i just felt uncomfortable shorting it further.
got a bit below 200 pips on the pair this week.

i just don't use the lower end's on a candle bar to come up with the trend.
on my poor comment ....then yes u r right u never loose right and always right?

Poor me..I just blew all my account just now..

good luck to you....
  • #177,177
  • May 14, 2009 6:06am May 14, 2009 6:06am
close my short. the downmove is not so dramatic
  • #177,178
  • May 14, 2009 6:07am May 14, 2009 6:07am
Quoting naor
according the chart you post, I didn't get Why u selling?
just act like you never saw it bro...
Imanuel Parsifal
  • #177,179
  • May 14, 2009 6:08am May 14, 2009 6:08am
Quoting grashid
on my poor comment ....then yes u r right u never loose right and always right?

Poor me..I just blew all my account just now..

good luck to you....
if i had ALWAYS won, why would i be here discuss things?

i would be smoking cigar with soros and giving advices to bernanke.
but your attitude towards me is very disrespectul though.
The thing is in a trade you can go short, i can go long and we can still win at the end. depending on the strategies and money management.

Again i never said gbpjy would not fall and go long. I just said its not comfortable for me
  • #177,180
  • May 14, 2009 6:08am May 14, 2009 6:08am
But should price go lower possible nice reversal setups at (100+pips) at 141.79 -141.30...

My TP is 142.60
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