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

  • #182,081
  • Jun 15, 2009 11:42pm Jun 15, 2009 11:42pm
Quoting sleep1Iopen
Ready to flirt with 151? Maybe a week Been taking short positions here since 156 with the last short entry at 161 and taking some profits all the way down whilst adding to pullbacks. Retest of the support line which has been nice support for the last 20 weeks?????
GJ has reached the end of the tunnel for this week
  • #182,082
  • Jun 15, 2009 11:43pm Jun 15, 2009 11:43pm
Quoting Raza
Think we are going up from here!!! Could be wrong..
157.81 or S1 for today
  • #182,083
  • Jun 15, 2009 11:46pm Jun 15, 2009 11:46pm
Quoting forexlion
157.81 or S1 for today
I am looking at atleast Weekly pivot...which is 159.89 ( on my platform)..

I know .. you can laugh!!! you all Can...

Tunnel has no light at the END!! I need a lighter man..
Markets are not Random, they are designed!
  • #182,084
  • Jun 15, 2009 11:53pm Jun 15, 2009 11:53pm
Quoting forexlion
GJ has reached the end of the tunnel for this week
I'm a terrible market timer........who knows.
  • #182,085
  • Jun 16, 2009 12:10am Jun 16, 2009 12:10am
Quoting malcolmb14
indies will not work when something drops 250 pips in under 1 hours

it will take the time to get back to normal

right now supprt 156.70 r at 157.30


watch the channel ... more than likely go down
Not sure Mal - dont forget how the bull hurt last week

If you look at GU - very important level 1.624 is holding up really well - no H4 closes below as yet. Lower timeframes now starting to fail to go any lower ...
  • #182,086
  • Jun 16, 2009 12:19am Jun 16, 2009 12:19am
Quoting Raza
I am looking at atleast Weekly pivot...which is 159.89 ( on my platform)..

I know .. you can laugh!!! you all Can...

Tunnel has no light at the END!! I need a lighter man..
Daily and 15M both flirting with GANN atm..

If WE get to 159.89.. daily candle will become a Hammer.. = Bullish again.... this is my fantasy.. so dont count on it..!!

If thats whats gonna happen .. then expect a very boring PA.. daily candle will close in 16 hours...!!!!!
Markets are not Random, they are designed!
  • #182,087
  • Jun 16, 2009 12:37am Jun 16, 2009 12:37am
Quoting pipmyride
Not sure Mal - dont forget how the bull hurt last week

If you look at GU - very important level 1.624 is holding up really well - no H4 closes below as yet. Lower timeframes now starting to fail to go any lower ...
back to doing what I know best

scalping ranges ,,,, right now 156.70 to 157.30 .... nice little earner

Gu just had a nice up move to vwap at 16320 with sellers hittting her

Attached Image (click to enlarge)
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Blogging daily now at www.volume.zone
  • #182,088
  • Jun 16, 2009 12:48am Jun 16, 2009 12:48am
one hour later and it is 100 pips lower...
if we are in a daily retracement, then 154.85 has to be taken before another rally. so... we might see 154/151...

Quoting forexlion
157.81 or S1 for today
Nihil Sine Deo.
  • #182,089
  • Jun 16, 2009 12:55am Jun 16, 2009 12:55am
no buyer this time around ...

time for bed 400 pip asian session. Got to love it

overall 4 hour still very bearish gj .

I would not be surprised to wake up to see 155 / 154.4

Then see what tomorrow brings

Attached Image (click to enlarge)
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Blogging daily now at www.volume.zone
  • #182,090
  • Jun 16, 2009 1:22am Jun 16, 2009 1:22am
my daily chart target 153 area

trade safe
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  • #182,091
  • Jun 16, 2009 1:24am Jun 16, 2009 1:24am
daily cable chart traget 1.61
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  • #182,092
  • Jun 16, 2009 1:58am Jun 16, 2009 1:58am
Quoting grashid
am prefer to stay away @ 156.60/155.50 atm...untill clear all UK news tomorrow....as my H1/H4 look almost oversold....they may make us mess at this area i think...am out for a while at this area if hit today as wont be trap with getting mess in my head this week..else she will down like shut shuttle lol...
..perhaps 159.50/70 where good for short..anyway am taking my rest for this pair atm after close 156.60.....
  • #182,093
  • Jun 16, 2009 1:59am Jun 16, 2009 1:59am
Closed GBPUSD short for a few pips. Closed GBPJPY as well and got 400+ pips. Will look to go long from here.
Every time you use 'hopium' in a post, God kills a kitten.
  • #182,094
  • Jun 16, 2009 2:03am Jun 16, 2009 2:03am
Quoting forexlion
GJ goes up from S2 to S1 here
S1 is achieve. Do you think it will continue to Pivot bro? Or going down from S1?
  • #182,095
  • Jun 16, 2009 2:21am Jun 16, 2009 2:21am
Quoting profxtrader
Closed GBPUSD short for a few pips. Closed GBPJPY as well and got 400+ pips. Will look to go long from here.

How high do you think GU will go? I am thinking we may hit the 165 area by the U.S session are my thoughts.
  • #182,096
  • Jun 16, 2009 2:28am Jun 16, 2009 2:28am
deeper low volume rallies continues,am anticipating a larger higher high with more deep's in this patter.so am expanding my weekly target into the 165's..and will be taking my trade based on classical candle patter's on 1min,5min n 15min tf's..
caution:wkly target r for referance target/trading guard,not direct trade it'self.here where the earlier post and chart's http://www.forexfactory.com/showpost...stcount=182002
Imanuel Parsifal
  • #182,097
  • Jun 16, 2009 2:29am Jun 16, 2009 2:29am
Quoting asen
S1 is achieve. Do you think it will continue to Pivot bro? Or going down from S1?
no not yet
  • #182,098
  • Jun 16, 2009 2:50am Jun 16, 2009 2:50am
Quoting sycho
deeper low volume rallies continues,am anticipating a larger higher high with more deep's in this patter.so am expanding my weekly target into the 165's..and will be taking my trade based on classical candle patter's on 1min,5min n 15min tf's..
caution:wkly target r for referance target/trading guard,not direct trade it'self.here where the earlier post and chart's http://www.forexfactory.com/showpost...stcount=182002
The way its going... forget weekly pivot... think it will make a double top... IT has to close above 158.50.. if it gets there..

2HR is having a nice bullish pattern..

CPI will help too.. oh may be CPI is priced in already...

Just trade your charts.
Markets are not Random, they are designed!
  • #182,099
  • Jun 16, 2009 3:07am Jun 16, 2009 3:07am
Nothing yet signifies this rally will be a sustained one. Not to me anyway. We went from 140 to 162 without any significant retrace, so a drop of a few hundred pips is wholly expected. Further falls look likely, but maybe not before some weak shorts are shaken out.

Selling the rallies here unless we break back above 161.
  • #182,100
  • Jun 16, 2009 3:29am Jun 16, 2009 3:29am
Quoting Raza
The way its going... forget weekly pivot... think it will make a double top... IT has to close above 158.50.. if it gets there..

2HR is having a nice bullish pattern..

CPI will help too.. oh may be CPI is priced in already...

Just trade your charts.
... Holla
Imanuel Parsifal
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