looks to me, we're still in an uptrend. - with a good price
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #183,762
- Jul 5, 2009 11:12pm Jul 5, 2009 11:12pm
- | Commercial User | Joined Oct 2008 | 5,712 Posts
price broke daily channel which is imho a very bearish signal. price stop now at 38% but 50% (152.8 area) look more probable to me.
trade safe
- #183,763
- Edited 11:26pm Jul 5, 2009 11:21pm | Edited 11:26pm
- | Commercial User | Joined Oct 2008 | 5,712 Posts
Monthly 38.2% @ 169 ????
Weekly 23.6% @ 149.80??
H4 32.8%-50% between 157-157.50 area will be my call...
Daily double bottom??...I would like to see how today close before any new setting...London perhaps will give us some clue...
Good luck
Weekly 23.6% @ 149.80??
H4 32.8%-50% between 157-157.50 area will be my call...
Daily double bottom??...I would like to see how today close before any new setting...London perhaps will give us some clue...
Good luck
- #183,764
- Jul 5, 2009 11:25pm Jul 5, 2009 11:25pm
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
How are you everyone in the house....hope you have a wonderful weekend and wish u more green pips ....Grash...Raz, dat, Azibi, chartartist and many others reading the thread.
just back on system .
just back on system .
MY OPINION NOT FINANCIAL ADVISE
- #183,765
- Jul 5, 2009 11:26pm Jul 5, 2009 11:26pm
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
will be good to wait @ 157-158 area for more short...am just take 30pips small long from 155.15 just now and now taking my rest and see how London react....But i would prefer if we can see how today close....Good luck
- #183,766
- Jul 5, 2009 11:28pm Jul 5, 2009 11:28pm
- | Commercial User | Joined Oct 2008 | 5,712 Posts
How are you everyone in the house....hope you have a wonderful weekend and wish u more green pips ....Grash...Raz, dat, Azibi, chartartist and many others reading the thread.
just back on system .
- #183,767
- Jul 5, 2009 11:31pm Jul 5, 2009 11:31pm
- | Commercial User | Joined Oct 2008 | 5,712 Posts
nice trade.
..miss all of you guys a lot....
- #183,768
- Edited 11:53pm Jul 5, 2009 11:36pm | Edited 11:53pm
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
hey mate..hows ur week end...mm...hope to see this threat back to normal busy stuff....
- #183,769
- Edited 11:51pm Jul 5, 2009 11:37pm | Edited 11:51pm
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
ya mate..very good weekend lol....hows life?...am looking some H4 retracement area ~ 157 area before decide any short or long...but overall am still in a bear camp....
i will trade what my chart says.
last week close below 157 resistance is a nice to still be bear but this week will be fast move so i am very caution.
i will watch and see how the week eng, trade safe
MY OPINION NOT FINANCIAL ADVISE
i cannot believe gj just drop to 155 without test 157 if u read my chart i post i was waiting to short from the yellow moving average but i will wait or see europe set up....if gj get to my 5pips drop down i will stay and watch for new set up because they likely to buy from 150 IMO.
i will trade what my chart says.
last week close below 157 resistance is a nice to still be bear but this week will be fast move so i am very caution.
i will watch and see how the week eng, trade safe
Pham.
- #183,771
- Jul 5, 2009 11:46pm Jul 5, 2009 11:46pm
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
I hr chart WEDGE.
hehhe my bro nice chart ..good you back home ...c ya
MY OPINION NOT FINANCIAL ADVISE
- #183,773
- Jul 6, 2009 12:33am Jul 6, 2009 12:33am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
How are you everyone in the house....hope you have a wonderful weekend and wish u more green pips ....Grash...Raz, dat, Azibi, chartartist and many others reading the thread.
just back on system .
c ya guys later when europe open, trade safe.
MY OPINION NOT FINANCIAL ADVISE
- #183,774
- Jul 6, 2009 1:06am Jul 6, 2009 1:06am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
c ya guys later when europe open, trade safe.
Anyway, good luck with your trade buddy
Thank You 
- #183,775
- Jul 6, 2009 1:11am Jul 6, 2009 1:11am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
a very nice long entry signal couple of hrs ago in 1 hr chart, right off the sup, + 61 fe. looks like we have a 4hr hammer developing. 25 min to close. had a lovely weekend. thanks for asking. how was yours?
- #183,776
- Jul 6, 2009 1:14am Jul 6, 2009 1:14am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
i cannot believe gj just drop to 155 without test 157 if u read my chart i post i was waiting to short from the yellow moving average but i will wait or see europe set up....if gj get to my 500pips drop down i will stay and watch for new set up because they likely to buy from 150 IMO.
i will trade what my chart says.
last week close below 157 resistance is a nice to still be bear but this week will be fast move so i am very caution.
i will watch and see how the week eng, trade safe
- #183,778
- Jul 6, 2009 1:52am Jul 6, 2009 1:52am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
Hmm seems you are a fan of Bill William's profitunity?
Yes i am a fun of it and trade williams template it keep me away from bad trade while i add 1-2-3 HL law of chart and my own physiology to my trade experience it's all i need ..
serious anyone shorting this pair need to be careful will we break the resistance at 154 what i see on my end here on weekly chart is not nice base on my trading strategy and 1hr is showing hidden bullish divergence if i am not wrong just IMO.
the long i took @ 155.61 got closed at 155.65...better than losing -1 ...
still watching the PA..
trade your chart
MY OPINION NOT FINANCIAL ADVISE
- #183,779
- Jul 6, 2009 1:57am Jul 6, 2009 1:57am
Nice, I once met Bill back in 1992 I think it was during a seminar in Zurich.
I don¡t see divergence in the hourly but I do see it heavily oversold..RSI almost falling out of my screen. Ideally we hit 15410 briefly and will retrace strongly from there....
I don¡t see divergence in the hourly but I do see it heavily oversold..RSI almost falling out of my screen. Ideally we hit 15410 briefly and will retrace strongly from there....
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