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

  • #183,881
  • Jul 7, 2009 7:54am Jul 7, 2009 7:54am
see
Attached Image (click to enlarge)
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  • #183,882
  • Jul 7, 2009 8:05am Jul 7, 2009 8:05am
Quoting gico
he probably had one of this before the trade...

LOL
  • #183,883
  • Jul 7, 2009 8:08am Jul 7, 2009 8:08am
Quoting jimsavage
see

yesterday low was point 1 and that candle with 2 fractal is point 2 and 3 the previous candle before now is HH and LL so either we go down or we go up ..
the information is complet let see how it play..

is that 1-2-3 high and low count ?
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MY OPINION NOT FINANCIAL ADVISE
  • #183,884
  • Jul 7, 2009 8:08am Jul 7, 2009 8:08am
Quoting donfriday
my dragon sup?
sup don. my dragon breathing fire today, me likey.
The m5 ltl mentioned earlier had given way. There's a possibility we'll test yesterday's low.

Good luck
Thank You
  • #183,885
  • Jul 7, 2009 8:11am Jul 7, 2009 8:11am
Quoting wormboy
There's a good chance it gets back down as long as the narrow utl holds for me. If it doesn't just be prepared to switch. Earlier chart :
http://www.forexfactory.com/showpost...postcount=1624

Attached chart is what it looks like right now.
Tho, you'd want to keep an eye on the m5 ltl. Price keeps bouncing off and creating new high. I suppose when price close below that, it'll tumble.

Good luck mate
Hello mate, cheers. Looking good!
  • #183,886
  • Jul 7, 2009 8:20am Jul 7, 2009 8:20am
Quoting uksnowman
Hello mate, cheers. Looking good!
Thank You
  • #183,887
  • Jul 7, 2009 8:44am Jul 7, 2009 8:44am
Quoting wormboy
sup don. my dragon breathing fire today, me likey.
The m5 ltl mentioned earlier had given way. There's a possibility we'll test yesterday's low.

Good luck
we're here
Thank You
  • #183,888
  • Jul 7, 2009 8:59am Jul 7, 2009 8:59am
Quoting wormboy
we're here

everything is possible dragon drag it there again..point i am out if we go below 153.30 bears can be confirmed IMO..
what you think from this point on GJ?
MY OPINION NOT FINANCIAL ADVISE
  • #183,889
  • Jul 7, 2009 9:19am Jul 7, 2009 9:19am
It looks like some hidden forces are intervening in cable....after all the bad news last week and today...pretty odd it still trades at current levels instead of 15500
{Promotion Removed}
  • #183,890
  • Jul 7, 2009 9:53am Jul 7, 2009 9:53am
Not in any trades on gj at present. Am however eyeing out possibility of bounce back to 155 levels if bottom does not fall out before then. First long will be in 155.00 area followed by add on near 157 area.

Above is based on 4 hr chart....Will most prob. take better entries based on hour chart.

Edit: I see the bottom around 151.75....will see what it does there
Attached Image
  • #183,891
  • Jul 7, 2009 10:01am Jul 7, 2009 10:01am
Quoting donfriday
everything is possible dragon drag it there again..point i am out if we go below 153.30 bears can be confirmed IMO..
what you think from this point on GJ?
I personally think as long as the daily ltl holds, this is as far as bears go. But this is the second day running that the ltl is being heavily challenged. Personally I'll look into the daily close to see where we could possibly be headed to.

Good luck
Thank You
  • #183,892
  • Edited 10:29am Jul 7, 2009 10:18am | Edited 10:29am
I am expecting 152.87- 152.32.. before an UPmove. IMO.

Hourly has a Hammer ( bullish). think it will Fail..This hour candle close will tell.

We do have a double bottom on hourly at 153.41 ish. But a better one should be at 153.00. IMO
Markets are not Random, they are designed!
  • #183,893
  • Jul 7, 2009 10:25am Jul 7, 2009 10:25am
Daily neckline...ready for 2000pips under water......let see tomorrow breakout 152.50-150.50...I'll load with high margin if she touch 150.50 and i'll take it ~ my LTL ~ 153/152.50 area....

http://www.forexfactory.com/showpost...stcount=182721

Come baby Maria..come
  • #183,894
  • Jul 7, 2009 10:34am Jul 7, 2009 10:34am
Quoting grashid
Daily neckline...ready for 2000pips under water......let see tomorrow breakout 152.50-150.50...I'll load with high margin if she touch 150.50 and i'll take it ~ my LTL ~ 153/152.50 area....

http://www.forexfactory.com/showpost...stcount=182721

Come baby Maria..come
Hope so... But keep in mind this is a wave 4.. (150.50 area)

Wave5 should or could go up as far as 164- 167 area.. Be careful.. going Heavy.(short).
Markets are not Random, they are designed!
  • #183,895
  • Jul 7, 2009 10:41am Jul 7, 2009 10:41am
Quoting Raza
Hope so... But keep in mind this is a wave 4.. (150.50 area)

Wave5 should or could go up as far as 164- 167 area.. Be careful.. going Heavy.(short).
ya..noted..thanks mate...but i dont think so that high if today close below my LTL ~ 153.50 area...164-167 go..she have tendency to completed my Weekly 50% and 17X level also possible...let see what happen...am still in bear camp until Sept 09..unless PA react in other direction
  • #183,896
  • Jul 7, 2009 10:44am Jul 7, 2009 10:44am
Quoting grashid
Daily neckline...ready for 2000pips under water......let see tomorrow breakout 152.50-150.50...I'll load with high margin if she touch 150.50 and i'll take it ~ my LTL ~ 153/152.50 area....

http://www.forexfactory.com/showpost...stcount=182721

Come baby Maria..come
MY OPINION NOT FINANCIAL ADVISE
  • #183,897
  • Jul 7, 2009 10:46am Jul 7, 2009 10:46am
let me show you my weekly.. I will go long heavy from RED arrow..your trenlines could be different.. but this is another way of looking at it..
Attached Image (click to enlarge)
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Markets are not Random, they are designed!
  • #183,898
  • Jul 7, 2009 10:47am Jul 7, 2009 10:47am
Quoting donfriday
..will trasfer some amount into my std for ...higher margin trading tomorrow...on ur mark...get set...mm..or gone....
  • #183,899
  • Jul 7, 2009 10:56am Jul 7, 2009 10:56am
Quoting grashid
..will trasfer some amount into my std for ...higher margin trading tomorrow...on ur mark...get set...mm..or gone....
u are not serious..............just watch your back
MY OPINION NOT FINANCIAL ADVISE
  • #183,900
  • Jul 7, 2009 11:01am Jul 7, 2009 11:01am
Quoting Raza
let me show you my weekly.. I will go long heavy from RED arrow..your trenlines could be different.. but this is another way of looking at it..
for me as long as PA close below my 38.2%..my next target will be 23.6% ~ 141.50 area...otherwise 157.80/158 will be my decision for more south or take a long to 167 ~ 50% as what u mentioned....seems like a stupid stuff with my simple analysis...correct me if am wrong ya.....its normal newbie like me to keep learn...
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