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

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  • Post #184,261
  • Quote
  • Jul 10, 2009 6:52am Jul 10, 2009 6:52am
  •  donfriday
  • Joined Jan 2009 | Status: WHO AM I €&$ ? | 7,017 Posts
Quoting [email protected]
Disliked
On the other hand it is very over sold on Daily ... So let see
Ignored

just forget about the oversold u see we trace from 146 to 152 thatt was massive look at the over bought on weekly and monthly..daily candle will close today and weekly over the weekend and we have a confirmed bearish divergence on weekly ..
bigger tf might destroy those infor remember big guys use bigger tf not daily..
u free to ask if i am not right abt this.
I NEVER LOSE/=I EITHER WIN OR LEARN
 
 
  • Post #184,262
  • Quote
  • Jul 10, 2009 7:15am Jul 10, 2009 7:15am
  •  direct-trade
  • | Commercial Member | Joined Mar 2009 | 2,480 Posts
Quoting direct-trade
Disliked
I love days like yesterday and today, great opportunities to grab a few pips. GBP rally looks like it has run into fresh air for now (15217). Expecting some profit taking around here. Standing aside until tomorrow.

Happy trades bros.
Ignored
Looks like it did run into fresh air. Short back in at 15046.

Stalled between fibs on 4hr. Daily may be creating new steep down channel. Could see break through to 137, bounce from there before resumption of down trend. Will be scaling in shorts as we go.

Expect quick bounce here from 150 to 15080 area/ a little sideways movement, added in a sacrifical Short scout as I have to leave my platform for a while.

Happy trades bros
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  • Post #184,263
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  • Jul 10, 2009 7:43am Jul 10, 2009 7:43am
  •  [email protected]
  • | Joined Nov 2008 | Status: Member | 137 Posts
Quoting donfriday
Disliked
just forget about the oversold u see we trace from 146 to 152 thatt was massive look at the over bought on weekly and monthly..daily candle will close today and weekly over the weekend and we have a confirmed bearish divergence on weekly ..
bigger tf might destroy those infor remember big guys use bigger tf not daily..
u free to ask if i am not right abt this.
Ignored
You are right about everything, but if weekly gann hold and we close above, I'll expect a retrace
Addicted to FX
 
 
  • Post #184,264
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  • Jul 10, 2009 8:08am Jul 10, 2009 8:08am
  •  pino2
  • | Joined Jun 2006 | Status: Trend is not my friend | 1,492 Posts
For the second time I guess prices will go up now as prices failed to touch the 4th low of the camarilla levels, and I might be wrong but will see
 
 
  • Post #184,265
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  • Jul 10, 2009 8:14am Jul 10, 2009 8:14am
  •  donfriday
  • Joined Jan 2009 | Status: WHO AM I €&$ ? | 7,017 Posts
Quoting [email protected]
Disliked
You are right about everything, but if weekly gann hold and we close above, I'll expect a retrace
Ignored

take this info and u will learn more about Divergence ..i use Bars not candle i am very poor with candles ..
i am looking for 1hr to retrace but we hrs still bearish ....they sold from 152 this is the reason from my chart . those 3 fractals indicate seller so the firsth entry was giving at 152 all we do it so place sl above it..i was not there to see but when i came back i saw it so i sell at 151 and 150 from the first chart i post with bdb anagulation if u saw that..
Trade safe
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I NEVER LOSE/=I EITHER WIN OR LEARN
 
 
  • Post #184,266
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  • Jul 10, 2009 8:16am Jul 10, 2009 8:16am
  •  pino2
  • | Joined Jun 2006 | Status: Trend is not my friend | 1,492 Posts
Quoting pino2
Disliked
For the second time I guess prices will go up now as prices failed to touch the 4th low of the camarilla levels, and I might be wrong but will see
Ignored
It touched and penetrated it so cancelled the idea
 
 
  • Post #184,267
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  • Jul 10, 2009 8:39am Jul 10, 2009 8:39am
  •  mktjong
  • | Joined Nov 2006 | Status: Trader | 5,040 Posts
Morning all,

Ok, now it has reached my projected target 149 area .. and what is now going forward? I have no idea ..
Anyway, it's oversold on daily and I'm better sideline atm ..
 
 
  • Post #184,268
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  • Jul 10, 2009 8:54am Jul 10, 2009 8:54am
  •  grashid
  • | Commercial Member | Joined Oct 2008 | 5,712 Posts
Quoting grashid
Disliked
Alright..151.80 just play and add another 152.10 near my H4 UTL (yellow line)...152.30 miss 12 pips and am putting my SL=153.80...

Will taking this step by step @ 150.80 & 149.80 accordingly..see how she react tomorrow asian....Happy trading to all...Take Care
Ignored
http://www.forexfactory.com/showpost...stcount=144741


MM...even missed 100more pips..147.50 look possible atm...
Am looking for my [email protected] to finish all my yesterday setting for this week end...
Good luck all
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  • Post #184,269
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  • Jul 10, 2009 8:58am Jul 10, 2009 8:58am
  •  mktjong
  • | Joined Nov 2006 | Status: Trader | 5,040 Posts
Quoting grashid
Disliked
http://www.forexfactory.com/showpost...stcount=144741


MM...even missed 100more pips..147.50 look possible atm...
Am looking for my [email protected] to finish all my yesterday setting for this week end...
Good luck all
Ignored
Good job .. .. as for me, I didn't get all the pips just a portion as because I was chickened out
 
 
  • Post #184,270
  • Quote
  • Jul 10, 2009 8:58am Jul 10, 2009 8:58am
  •  donfriday
  • Joined Jan 2009 | Status: WHO AM I €&$ ? | 7,017 Posts
Quoting grashid
Disliked
http://www.forexfactory.com/showpost...stcount=144741


MM...even missed 100more pips..147.50 look possible atm...
Am looking for my [email protected] to finish all my yesterday setting for this week end...
Good luck all
Ignored

my master is getting greedy again pips for this week not enough..me ur boy need some passover...can i get mine.
I NEVER LOSE/=I EITHER WIN OR LEARN
 
 
  • Post #184,271
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  • Jul 10, 2009 9:03am Jul 10, 2009 9:03am
  •  grashid
  • | Commercial Member | Joined Oct 2008 | 5,712 Posts
Quoting mktjong
Disliked
Good job .. .. as for me, I didn't get all the pips just a portion as because I was chickened out
Ignored
..a bit crazy yesterday on the upmove...but lucky I smell it ~ 152 area...Anyway its norm in our trading..some time gain sometime not...some time more sometime not...but atleast we got something..Anyway how ur life Mike..am going to take a rest till Tuesday as I need to go again to Singapore..will be back on July 19....Hope we can pick it up @151-153 area back for daily 2nd neckline ~ 143..For me as long as today close below 153.50..Bear still in play...
 
 
  • Post #184,272
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  • Jul 10, 2009 9:07am Jul 10, 2009 9:07am
  •  grashid
  • | Commercial Member | Joined Oct 2008 | 5,712 Posts
Quoting donfriday
Disliked
my master is getting greedy again pips for this week not enough..me ur boy need some passover...can i get mine.
Ignored
..no la..am just a poor guys compare with u...No problem i passover to you for long during my SG trip..am taking her back on Monday/Tuesday.
 
 
  • Post #184,273
  • Quote
  • Jul 10, 2009 9:24am Jul 10, 2009 9:24am
  •  mktjong
  • | Joined Nov 2006 | Status: Trader | 5,040 Posts
Quoting grashid
Disliked
..a bit crazy yesterday on the upmove...but lucky I smell it ~ 152 area...Anyway its norm in our trading..some time gain sometime not...some time more sometime not...but atleast we got something..Anyway how ur life Mike..am going to take a rest till Tuesday as I need to go again to Singapore..will be back on July 19....Hope we can pick it up @151-153 area back for daily 2nd neckline ~ 143..For me as long as today close below 153.50..Bear still in play...
Ignored
Nice, I love SG too
Btw, am doing fine so far .. Have a safe trip.
 
 
  • Post #184,274
  • Quote
  • Jul 10, 2009 9:31am Jul 10, 2009 9:31am
  •  grashid
  • | Commercial Member | Joined Oct 2008 | 5,712 Posts
Quoting mktjong
Disliked
Nice, I love SG too
Btw, am doing fine so far .. Have a safe trip.
Ignored
hehe..nice chick orchard lol ..thanks a lot for everything anyway...I need to move to my GU...perhaps i can visit some of you in future...See you next week mate....Cheers
 
 
  • Post #184,275
  • Quote
  • Jul 10, 2009 12:12pm Jul 10, 2009 12:12pm
  •  bzyqe
  • | Joined Aug 2008 | Status: Member | 75 Posts
Quoting bzyqe
Disliked
After yesterday neutral US stock session I belive today US-futures should be negative during London session. I am in two shorts: 151.85 w/ tp @ 150.40 and another short at 151.35 w/ half tp1 149.XX and second half tp2 147.XX.
SL for both above 153.5.
Ignored
I stoped my trades - my today gain +400pips. I think it has been continuation of downtrend on GJ. In my opinion we should go back to the Jan/Feb bottom and re-test it again. When bulls lose the fight at 119.00, we would see 90.00 and than 60.00. I know it seems unbelievable but level 119.00 was unbelievable too, when price has beed at 250.00. Now bears win on Head and Shoulders and on breakout the mediumterm Uptrend line. So my supposition can be really.




We will see in the next weeks what will happen

have a nice weekend
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  • Post #184,276
  • Quote
  • Jul 10, 2009 12:30pm Jul 10, 2009 12:30pm
  •  donfriday
  • Joined Jan 2009 | Status: WHO AM I €&$ ? | 7,017 Posts
Quoting bzyqe
Disliked
I stoped my trades - my today gain +400pips. I think it has been continuation of downtrend on GJ. In my opinion we should go back to the Jan/Feb bottom and re-test it again. When bulls lose the fight at 119.00, we would see 90.00 and than 60.00. I know it seems unbelievable but level 119.00 was unbelievable too, when price has beed at 250.00. Now bears win on Head and Shoulders and on breakout the mediumterm Uptrend line. So my supposition can be really.




We will see in the next weeks what will happen

have a nice weekend
Ignored

this plan will last for more than 1 year gj falling that deep ...u pay swap u pay attention and patience then u buy house on the sea...
I NEVER LOSE/=I EITHER WIN OR LEARN
 
 
  • Post #184,277
  • Quote
  • Jul 10, 2009 1:29pm Jul 10, 2009 1:29pm
  •  bzyqe
  • | Joined Aug 2008 | Status: Member | 75 Posts
Quoting donfriday
Disliked
this plan will last for more than 1 year gj falling that deep ...u pay swap u pay attention and patience then u buy house on the sea...
Ignored
I used daytrading only, but I wanted to show what can be in the next year . Too many people wanna to open longs, I think nearest long may be at 140.xx - 143.xx support.
 
 
  • Post #184,278
  • Quote
  • Jul 10, 2009 1:56pm Jul 10, 2009 1:56pm
  •  mike_85
  • | Commercial Member | Joined Nov 2006 | 106 Posts
Not much thinking involved in todays movement
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  • Post #184,279
  • Quote
  • Jul 10, 2009 2:20pm Jul 10, 2009 2:20pm
  •  Bseegz28
  • | Joined May 2009 | Status: Success = Discipline + Commitment | 39 Posts
Quoting bzyqe
Disliked
I stoped my trades - my today gain +400pips. I think it has been continuation of downtrend on GJ. In my opinion we should go back to the Jan/Feb bottom and re-test it again. When bulls lose the fight at 119.00, we would see 90.00 and than 60.00. I know it seems unbelievable but level 119.00 was unbelievable too, when price has beed at 250.00. Now bears win on Head and Shoulders and on breakout the mediumterm Uptrend line. So my supposition can be really.




We will see in the next weeks what will happen

have a nice weekend
Ignored
This is very interesting thanks for hte post
 
 
  • Post #184,280
  • Quote
  • Jul 10, 2009 3:41pm Jul 10, 2009 3:41pm
  •  metlife777
  • | Joined Aug 2007 | Status: Member | 429 Posts
Quoting bzyqe
Disliked
I stoped my trades - my today gain +400pips. I think it has been continuation of downtrend on GJ. In my opinion we should go back to the Jan/Feb bottom and re-test it again. When bulls lose the fight at 119.00, we would see 90.00 and than 60.00. I know it seems unbelievable but level 119.00 was unbelievable too, when price has beed at 250.00. Now bears win on Head and Shoulders and on breakout the mediumterm Uptrend line. So my supposition can be really.




We will see in the next weeks what will happen

have a nice weekend
Ignored
I agree with you that general direction now is southern but feel that we might see some move up too because geppy is ranging now in Ichimoku cloud with pressure for upper move due to pin bar outside of Bollinger bands on daily.
retest 153 is possible IMHO
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