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

  • #180,741
  • Jun 3, 2009 10:54pm Jun 3, 2009 10:54pm
4HR is forming a Pin BAR... or Grave stone Doji..(have not seen these for a long time)... Not good for BULLS.. 147.20 retrace is possible..

Dont know what that means.. who died defending their territory.. bears or bulls... confusing cause this is not formed on top of the trend.
Markets are not Random, they are designed!
  • #180,742
  • Jun 3, 2009 11:14pm Jun 3, 2009 11:14pm
Quoting Raza
4HR is forming a Pin BAR... or Grave stone Doji..(have not seen these for a long time)... Not good for BULLS.. 147.20 retrace is possible..

Dont know what that means.. who died defending their territory.. bears or bulls... confusing cause this is not formed on top of the trend.

we broke flag on 15 ... not sure what you are talking baout ....

bears in control


Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY3MIN191.png Size: 226 KB
Blogging daily now at www.volume.zone
  • #180,743
  • Jun 3, 2009 11:26pm Jun 3, 2009 11:26pm
Quoting MuddBugg
geppy short position taken @ 156.73 R2 4H chart. time stamp 13:42 GMT.
t/p this short position @ 156.35 time stamp 04:25 GMT.
  • #180,744
  • Jun 3, 2009 11:27pm Jun 3, 2009 11:27pm
Quoting Raza
4HR is forming a Pin BAR... or Grave stone Doji..(have not seen these for a long time)... Not good for BULLS.. 147.20 retrace is possible..

Dont know what that means.. who died defending their territory.. bears or bulls... confusing cause this is not formed on top of the trend.
lol read bulls as bears ... sorry long day .. Looked at 4 hour . Those dojis look ugly for bulls that is for sure
Blogging daily now at www.volume.zone
  • #180,745
  • Jun 3, 2009 11:28pm Jun 3, 2009 11:28pm
Quoting MuddBugg
t/p this short position @ 156.35 time stamp 04:25 GMT.

to early .. but nice trade

if she gets 2 hour close under 156.25 153 could be on cards
Blogging daily now at www.volume.zone
  • #180,746
  • Jun 3, 2009 11:34pm Jun 3, 2009 11:34pm
Quoting malcolmb14
we broke flag on 15 ... not sure what you are talking baout ....

bears in control


Attachment
I dont even know what I am talking about?? I see the flag broken.. trying to figure out 4hr pin bar..also know as Grave stone doji. what that means..think its not good for Bulls.
Markets are not Random, they are designed!
  • #180,747
  • Jun 3, 2009 11:37pm Jun 3, 2009 11:37pm
Quoting Raza
I dont even know what I am talking about?? I see the flag broken.. trying to figure out 4hr pin bar..also know as Grave stone doji. what that means..think its not good for Bulls.

yup those wick indicate sellers hitting it as it tries top push higher
Blogging daily now at www.volume.zone
  • #180,748
  • Jun 3, 2009 11:53pm Jun 3, 2009 11:53pm
Something does not seem right..4Hr pin bar... ALONG WITH THAT bullish diversion on all TFs..
Markets are not Random, they are designed!
  • #180,749
  • Jun 3, 2009 11:56pm Jun 3, 2009 11:56pm
Quoting Raza
Something does not seem right..4Hr pin bar... ALONG WITH THAT bullish diversion on all TFs..
I get bearish divergence on 4 hour down to 5 min tf's - puzzled
  • #180,750
  • Jun 3, 2009 11:59pm Jun 3, 2009 11:59pm
Quoting Raza
Something does not seem right..4Hr pin bar... ALONG WITH THAT bullish diversion on all TFs..

pivot low 155.67 If they push thru that on wide spread and high volume then 153 target . If one misses the initial break then wait for retrace and test resistance that was support at 155.67

In order to lock in traders that will take profit at pivot low they have to move price thru support to lock them in . This will show the pros hands that they expect lower prices
Blogging daily now at www.volume.zone
  • #180,751
  • Jun 4, 2009 12:12am Jun 4, 2009 12:12am
Quoting malcolmb14
pivot low 155.67 if they push thru that on wide spread and high volume then 153 target . If one misses the initial break then wait for retrace and test resistance that was support at 155.67

in order to lock in traders that will take profit at pivot low they have to move price thru support to lock them in . This will show the pros hands that they expect lower prices
whats your volume saying??
Markets are not Random, they are designed!
  • #180,752
  • Jun 4, 2009 12:19am Jun 4, 2009 12:19am
Quoting Raza
whats your volume saying??

low volume right now

market drifting down

background is selling

waiting for euro and then London volumes to come on line
Blogging daily now at www.volume.zone
  • #180,753
  • Jun 4, 2009 12:23am Jun 4, 2009 12:23am
Quoting malcolmb14
low volume right now

market drifting down

background is selling

waiting for euro and then London volumes to come on line
Hope it is what we are seeing..No TRICKS this time.. tell you truth.. i see bullish diversion.. may be for few pips.. so I am long from 155.84.. stop at BE.. 30- 50 pips I am out.
Markets are not Random, they are designed!
  • #180,754
  • Jun 4, 2009 12:28am Jun 4, 2009 12:28am
i'm waiting price to go in 155.40-50 area (median line). we'll see if could breaks the median line.
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Click to Enlarge Name: geppy0604.gif Size: 21 KB
  • #180,755
  • Jun 4, 2009 12:42am Jun 4, 2009 12:42am
At the moment I am just watching this triangle to see where she wants to go today.
Attached Image (click to enlarge)
Click to Enlarge Name: geppy 04_06_09 h1.gif Size: 19 KB
  • #180,756
  • Jun 4, 2009 12:45am Jun 4, 2009 12:45am
Quoting malcolmb14
low volume right now

market drifting down

background is selling

waiting for euro and then London volumes to come on line
Yeah pretty slow and shorts seem too obvious. They have to have some kind of a trap coming.
History is written by the victors.
  • #180,757
  • Jun 4, 2009 12:54am Jun 4, 2009 12:54am
Quoting Money-RX
Yeah pretty slow and shorts seem too obvious. They have to have some kind of a trap coming.
the trap is stop selling and start long TP @ R1=159.30....
just drop by when check my email ..M15 are forming some support at 155.80/90 area...just my poor opinion..take care
  • #180,758
  • Jun 4, 2009 12:54am Jun 4, 2009 12:54am
stuck at 155.80 ??
  • #180,759
  • Jun 4, 2009 12:59am Jun 4, 2009 12:59am
Quoting grashid
the trap is stop selling and start long TP @ R1=159.30....
just drop by when check my email ..M15 are forming some support at 155.80/90 area...just my poor opinion..take care
Target is good.. but what about this Grave stone doji..on 4HR.
are We gonna see a Birthstone doji in next 4HR..
Markets are not Random, they are designed!
  • #180,760
  • Jun 4, 2009 1:01am Jun 4, 2009 1:01am
Raza where do You see bullish diversion?.What idicator is point that ?
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