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

  • #181,501
  • Jun 10, 2009 2:12am Jun 10, 2009 2:12am
Quoting malcolmb14
damn got one right for a change ...lol

flags played out nicely

whats causing the drop in GU Malcolm?
  • #181,502
  • Jun 10, 2009 2:18am Jun 10, 2009 2:18am
Quoting malcolmb14
yeah something is wrong .... they are being bought on every dip . But hey lets just exploit it as much as we can

Looks like Software driven PA..

don't be suprised/.. they need a money.. they are short
  • #181,503
  • Jun 10, 2009 2:26am Jun 10, 2009 2:26am
If 4 Hr makes an Evening Star Doji.. than we can see 153xx.. iT WILL STILL BE CALLED a bull flag at 153.---152.50

IF that Daily divergence will be ready for Bullish Divergence . Bull run bY fRIDAY..oR NEXT WEEK..imo

Note this is after a long time 50 ema is touched on WEEKLY charts.. This is a big event... Hope it gets to 153xx.. will load up long for long term..

I regret closing my longs from 118.89....
Markets are not Random, they are designed!
  • #181,504
  • Jun 10, 2009 2:38am Jun 10, 2009 2:38am
the bullish pin bar on the hrly..is a clear sign of higher prices to come,in addition to the expanding bullish volume,i expect the MP coming out to be a nice decoy,for any big move to follow..this was the earlir post http://www.forexfactory.com/showpost...postcount=1279
Imanuel Parsifal
  • #181,505
  • Jun 10, 2009 3:05am Jun 10, 2009 3:05am
Quoting Raza
If 4 Hr makes an Evening Star Doji.. than we can see 153xx.. iT WILL STILL BE CALLED a bull flag at 153.---152.50

IF that Daily divergence will be ready for Bullish Divergence . Bull run bY fRIDAY..oR NEXT WEEK..imo

Note this is after a long time 50 ema is touched on WEEKLY charts.. This is a big event... Hope it gets to 153xx.. will load up long for long term..

I regret closing my longs from 118.89....

wakakka....u still wish u close long from 118 hahahah u are superb....are u expecting gj to go more deep down...that was a good price to hold trade for 5 months but i am getting reading for load of short from top in few months we should see a deep fall on gj..
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MY OPINION NOT FINANCIAL ADVISE
  • #181,506
  • Jun 10, 2009 3:14am Jun 10, 2009 3:14am
Quoting donfriday
wakakka....u still wish u close long from 118 hahahah u are superb....are u expecting gj to go more deep down...that was a good price to hold trade for 5 months but i am getting reading for load of short from top in few months we should see a deep fall on gj..
THE WAY its going I am still bullish on it 130. 140.. 150.. soon will be history.. I think..

The only place where price didnot had play when Falling was from 183xx--167xx area..
G/J had habit of retracing 100% .. it may retrace 100% wher it fell from.. it sounds crazy..

But it sounded crazy when some one had said it will fall to even 139xx while it was up in 255 zone!!!

When Dow fell they were expecting it to go to 16000.. rather it came to 6400...its only at 8700ish.. lot more room left
Markets are not Random, they are designed!
  • #181,507
  • Jun 10, 2009 3:20am Jun 10, 2009 3:20am
All eyes on GU now. AY hitting resistance, as is GY. GU last high still 20 pips away. Am waiting until GU hits double top and will play it from there.

I think we'll see a push through today. Was watching PA yesterday and as well as every dip being bought, the volume on the bullish bars was higher.

If it happens, I think it'll be rapid.
  • #181,508
  • Jun 10, 2009 3:27am Jun 10, 2009 3:27am
Strong Resistance at GJ, anybody brave enough to buy at this point? or is this the top? (for the remaining buyers)
  • #181,509
  • Jun 10, 2009 3:33am Jun 10, 2009 3:33am
Quoting ukdaytrader
All eyes on GU now. AY hitting resistance, as is GY. GU last high still 20 pips away. Am waiting until GU hits double top and will play it from there.

I think we'll see a push through today. Was watching PA yesterday and as well as every dip being bought, the volume on the bullish bars was higher.

If it happens, I think it'll be rapid.
and am only play with her today....1.6361 is my first target from 1.6424
  • #181,510
  • Jun 10, 2009 3:34am Jun 10, 2009 3:34am
Quoting AbgZuhaini
Strong Resistance at GJ, anybody brave enough to buy at this point? or is this the top? (for the remaining buyers)
Yes I think the price should take a rest awhile..
  • #181,511
  • Jun 10, 2009 3:34am Jun 10, 2009 3:34am
Double topped everywhere ... if this goes higher i will quit GJ !

  • #181,512
  • Jun 10, 2009 3:35am Jun 10, 2009 3:35am
Quoting AbgZuhaini
Strong Resistance at GJ, anybody brave enough to buy at this point? or is this the top? (for the remaining buyers)
mm..add another 10 sen from 160.35..my last week high price short..target 155...see what happen..am only with my gu.rl atm
  • #181,513
  • Jun 10, 2009 3:50am Jun 10, 2009 3:50am
Quoting pipmyride
Double topped everywhere ... if this goes higher i will quit GJ !

I don't think the market knows what to do: although the news is bad by all yardsticks, it's 2 out of 3 based on expected targets, and sentiment will probably drive the GY piece of turd higher.
  • #181,514
  • Jun 10, 2009 3:52am Jun 10, 2009 3:52am
Quoting pipmyride
Double topped everywhere ... if this goes higher i will quit GJ !

GJ isn't your yardstick, GU is.
  • #181,515
  • Jun 10, 2009 4:01am Jun 10, 2009 4:01am
Quoting ukdaytrader
GJ isn't your yardstick, GU is.
Good reminder. So, given US trade balance #'s are out in 3.5 hrs, it'll be contrasted against UK's and should in theory drive GU's direction.
  • #181,516
  • Jun 10, 2009 4:04am Jun 10, 2009 4:04am
ahh well ... here we go ...
ftse powering along also ....
  • #181,517
  • Jun 10, 2009 4:13am Jun 10, 2009 4:13am
long breakout is not so convincing. not a favourite for big players
  • #181,518
  • Edited 4:28am Jun 10, 2009 4:16am | Edited 4:28am
waiting for pullback, maybe test 160 then go up?

would be nice from 160 or 159.80. think its heading for 167 before long

wow bottom just fell out of the pound. all the better for buying opportunities
  • #181,519
  • Jun 10, 2009 4:21am Jun 10, 2009 4:21am
And this is why i should be staying clear of GJ for the time being ....
  • #181,520
  • Jun 10, 2009 4:47am Jun 10, 2009 4:47am
morning pips..

hmm... we are hitting resistance (double top)...@ 160.40 zone...

my money is on..we retrace to the 158.70 before we carry on up..baby...

but i guess we need some patience..we break..we carry on up..

PA is just manic...
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