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

  • #181,301
  • Jun 8, 2009 8:29pm Jun 8, 2009 8:29pm
Quoting malcolmb14
Hi Piters

I am in agreement with you and am getting frustrated , seems every dip on the ES they just buy . GU daily looks set to be breaking down , but it now seems buy dips. Mind you we did not break Fridays high today YET
I agreed as well. Hopefully, we would see it tonite.
Another likely scenario, London is gonna range to wait for NY to tank it. Resistance around 158.70 area couldn't break yesterday.
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  • #181,302
  • Jun 8, 2009 8:53pm Jun 8, 2009 8:53pm
It seems to me it is strictly a guess as to where to enter to go short or long for that matter. Just a matter of placing a trade, put in the stops and hope you picked the right direction. There's no way to know if this is top or not
  • #181,303
  • Jun 8, 2009 8:55pm Jun 8, 2009 8:55pm
i agree
  • #181,304
  • Jun 8, 2009 9:01pm Jun 8, 2009 9:01pm
Quoting dre3029
i agree
It hits 157.high 70's & 80's 4 times and ranging now that I go long ther it decides to drop and will take me out Clearly bias is up but not unles I go long, killing me
  • #181,305
  • Jun 8, 2009 9:09pm Jun 8, 2009 9:09pm
Quoting Piters
ooo yeah... she Behave AGAIN...

see. what I figured last few weeks/month is that actualy recesion is a mater of declaration.. see. we declare that we are not in reccesion anymore.. and everybody are happy.. Market rally, reports excellent, numbers the best in last 2Y.. realestates, building industries, Banks in shape as never before..everything is fine...


wasting our time and patience again.. and YES it is frustrating..

I agree.. but .. im on mission too..

I'm not agree with them regarding recession could recover within 1 ~ 2 years. After what they have done to their Banking and Insurance Sector, they still claim recession is over? They need to learn from history.
  • #181,306
  • Jun 8, 2009 9:12pm Jun 8, 2009 9:12pm
Quoting grashid
look like am same page with u...and am still bear bias and possible tanking 800-900 pips next week..or maybe on that Monday itself wil show some signing of 300-400pips before london...just try my 10sen long and suprise hit 158 from Buy limit of 155 due to a very 'great' BS news of NFP and US credit when am wake up from my rest...and just adding 2 more short from 157 and 158...all SL will be set @ 159 as i believe she will play around yellow line from my previous post... unless either one is broken..it may change my view...if SL hit..again i will...
closing first my 160 area short and leave this 158 running...mmm..did not hit my SL=159..so it mean daily38.2% @ 153.80 coming...Let see what happen in London...but look like possible till NY open...
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  • #181,307
  • Jun 8, 2009 9:17pm Jun 8, 2009 9:17pm
Can someone please explain why UY is in such a ranging mode?...It is very wiered...
  • #181,308
  • Jun 8, 2009 9:24pm Jun 8, 2009 9:24pm
Quoting GodfreyH
Sorry, was away for awhile, you can download it from this post:

http://www.forexfactory.com/showpost...stcount=177135

Thanks Godfrey!
******************* I'd rather make money than be right.
  • #181,309
  • Jun 8, 2009 9:31pm Jun 8, 2009 9:31pm
Malcomb or Don,

What's the daily esignal volume telling you guys? On the interbank feed, it appears that today's move on all the major currencies was on lower volume than Friday for crying out loud . . . if that is the case, I'm thinking geppy breaks north again for 160 but there won't be enough follow through and it will close the day lower . . .
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"Don't trade to trade . . . trade to win." - James16
  • #181,310
  • Jun 8, 2009 9:32pm Jun 8, 2009 9:32pm
Amartya Sen the nobel prize winner in economics has said recently that the recession is in the minds of people


If 100 people says no recession then it is not

Means positive thinking even if it is not good around you
  • #181,311
  • Jun 8, 2009 9:41pm Jun 8, 2009 9:41pm
Quoting PandoraBox
I'm not agree with them regarding recession could recover within 1 ~ 2 years. After what they have done to their Banking and Insurance Sector, they still claim recession is over? They need to learn from history.
That's is where OUR mission is bro..
They think that we believe them
  • #181,312
  • Jun 8, 2009 9:50pm Jun 8, 2009 9:50pm
Quoting Flem26
Malcomb or Don,

What's the daily esignal volume telling you guys? On the interbank feed, it appears that today's move on all the major currencies was on lower volume than Friday for crying out loud . . . if that is the case, I'm thinking geppy breaks north again for 160 but there won't be enough follow through and it will close the day lower . . .

here is GU 8 hour ... the move today just seems some form of reatrcement after the large move down last week

the engulfing candle did not occur on high volume and just indicates that how ever was selling has stepped aside for now.

as long as price remains under 1.6150 zone Gu is sell rallies.

This will mean that GJ will remain in range


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Blogging daily now at www.volume.zone
  • #181,313
  • Jun 8, 2009 9:51pm Jun 8, 2009 9:51pm
Quoting Piters
That's is where OUR mission is bro..
They think that we believe them
yes . . . sad thing is, the sheeple believe them . . . but nope, we sure don't
"Don't trade to trade . . . trade to win." - James16
  • #181,314
  • Jun 8, 2009 9:54pm Jun 8, 2009 9:54pm
Quoting malcolmb14
here is GU 8 hour ... the move today just seems some form of reatrcement after the large move down last week

the engulfing candle did not occur on high volume and just indicates that how ever was selling has stepped aside for now.

as long as price remains under 1.6150 zone Gu is sell rallies.

This will mean that GJ will remain in range


Attachment
thanks M.
"Don't trade to trade . . . trade to win." - James16
  • #181,315
  • Jun 8, 2009 10:05pm Jun 8, 2009 10:05pm
Quoting malcolmb14
here is GU 8 hour ... the move today just seems some form of reatrcement after the large move down last week

the engulfing candle did not occur on high volume and just indicates that how ever was selling has stepped aside for now.

as long as price remains under 1.6150 zone Gu is sell rallies.

This will mean that GJ will remain in range


Attachment
Mal! Your chart looks like a H&S formation, if GU breaks 1.58 and close below from it, what can we expect?, 1.53xx maybe??

Thanks!

Jhon
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #181,316
  • Jun 8, 2009 10:30pm Jun 8, 2009 10:30pm
what brought all this selling on . . . thought Asia was on a selling strike
"Don't trade to trade . . . trade to win." - James16
  • #181,317
  • Jun 8, 2009 10:38pm Jun 8, 2009 10:38pm
Quoting Flem26
what brought all this selling on . . . thought Asia was on a selling strike
They saw my post earlier
  • #181,318
  • Jun 8, 2009 10:46pm Jun 8, 2009 10:46pm
using H 2 CHART better view of price Action
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  • #181,319
  • Jun 8, 2009 11:42pm Jun 8, 2009 11:42pm
Quoting Piters
That's is where OUR mission is bro..
They think that we believe them

Yes Our Mission

Daily Analysis
http://www.forexfactory.com/news.php?do=news&id=174418
  • #181,320
  • Jun 9, 2009 12:06am Jun 9, 2009 12:06am
Going down further after making this 15m . Flag.. 156.00.. 155.50. 154.50.. IMO

Hope its not a Bullish Engulfing on 1Hr.
Markets are not Random, they are designed!
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