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

  • #187,161
  • Aug 3, 2009 9:44pm Aug 3, 2009 9:44pm
looking overbaught.. anyone thinking the same?
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #187,162
  • Aug 3, 2009 9:46pm Aug 3, 2009 9:46pm
Quoting Raza
Thats a Fib EXpansion from 158.54...( 164.30ish)..

yes that what Iam expecting 159xx is strong resistence as well..

Well I could be wrong.....but besides everything else It all Depends on PA.. and I will monitor my Divergences on 15M.1 HR.. 4HR..

Also how daily candle should end...I believe Down first ..and by the end of the week UP.

166.66 is ALSO a Fib expansion.. and one of the trendline ends there..

167 is a definately on the cards... upto 169xx.. but I think thats next week.. Unless this whole thing becomes a Wolf wave..and make...
Thnx for the explanation.

Ya know I cant help but keep observing the markets each day (S&P, DOw, Nasdq) as they get more and more over bought. A sizable correction is over due and I feel will have a dramatic affect on G/Y when it does. May throw the technicals out the window. We'll see what happens.
  • #187,163
  • Aug 3, 2009 9:52pm Aug 3, 2009 9:52pm
I will be shorting soon is the bull can not continue to show strength. I'm hoping it goes higher so I can get a better fill but if it keeps slipping I'm getting in there.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #187,164
  • Aug 3, 2009 9:58pm Aug 3, 2009 9:58pm
Quoting bluemax
Thnx for the explanation.

Ya know I cant help but keep observing the markets each day (S&P, DOw, Nasdq) as they get more and more over bought. A sizable correction is over due and I feel will have a dramatic affect on G/Y when it does. May throw the technicals out the window. We'll see what happens.

I can see this going to as far as 175xx without any significant retrace.. to make a Big CUP and this G/J will make a Huge Handle as well.Also a huge H&S..

I can post a Daily chart but its got too many lines would not make sense to others.. Guess People like Clean Charts... Markets are not so simple though!!
Markets are not Random, they are designed!
  • #187,165
  • Aug 3, 2009 10:01pm Aug 3, 2009 10:01pm
Quoting Raza
I can see this going to as far as 175xx without any significant retrace.. to make a Big CUP and this G/J will make a Huge Handle as well.Also a huge H&S..

I can post a Daily chart but its got too many lines would not make sense to others.. Guess People like Clean Charts... Markets are not so simple though!!
don't tease us with a chart.. post it!
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #187,166
  • Aug 3, 2009 10:25pm Aug 3, 2009 10:25pm
Quoting england33
don't tease us with a chart.. post it!


Here you go!!!

Checkout the FIB levels...

If this Happens .. I want cut out of everybodys PIPS..

Hey By the way.. thought you Blocked... Put me on Ignore List...while ago..

Hope you are doing Fine...and Welcome Back.
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Markets are not Random, they are designed!
  • #187,167
  • Aug 3, 2009 10:30pm Aug 3, 2009 10:30pm
Quoting Raza


Here you go!!!

If this Happens .. I want cut out of everybodys PIPS..

Hey By the way.. thought you Blocked... Put me on Ignore List...while ago..

Hope you are doing Fine...and Welcome Back.
i did for that day lol..

hey this is a really steep uptrend. It can't go up at that pace.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #187,168
  • Edited 10:50pm Aug 3, 2009 10:36pm | Edited 10:50pm
Quoting england33
i did for that day lol..

hey this is a really steep uptrend. It can't go up at that pace.

It can ...I can almost see visually how...

See it again see how Price will approach the RED ARROW. Look at the Fib levels ..This is where we had all our Major Up moves From..everything lines UP.. what a Coincidence........

Head and shoulder....Cup and handle. Angle and symmetry is good as well.

Well if it is steep... remember when it Fell... that was steep too....
Markets are not Random, they are designed!
  • #187,169
  • Aug 3, 2009 10:40pm Aug 3, 2009 10:40pm
does anyone see the divergence on the hourly?
  • #187,170
  • Aug 3, 2009 10:42pm Aug 3, 2009 10:42pm
If everything's so fine and dandy, then why did dear ol' Timmy lose his cool today
  • #187,171
  • Aug 3, 2009 10:46pm Aug 3, 2009 10:46pm
Quoting dre3029
does anyone see the divergence on the hourly?

This one looks Bearish ... Its not Bullish Yet..
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Markets are not Random, they are designed!
  • #187,172
  • Aug 3, 2009 10:47pm Aug 3, 2009 10:47pm
Quoting Raza
It can ...I can almost see visually how...

See it again see the red arrow how it is gonna hit that Red Arrow,,

Look at the Fib levels ..This is where we had all our Major Up moves From..everything lines UP.. what a Coincidence........

Head and shoulder....Cup and handle. Angle and symmetry is good as well.

Well if it is steep... remember when it Fell... that was steep too....
ok if you say so ..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #187,173
  • Aug 3, 2009 11:04pm Aug 3, 2009 11:04pm
Quoting Raza
This one looks Bearish ... Its not Bullish Yet..
yea, I know
  • #187,174
  • Aug 3, 2009 11:09pm Aug 3, 2009 11:09pm
Quoting azibi
Yeah I know. Attended a few webinars about subject. Am studying it as the webinars of TG convinced me.
Just got back from dinner--i see the buyers are still hanging
in there--lol--To hell with SL's,who needs them
ViVa VSA as long as still see signs of strenght in the
market i don't close my trades--infact bought alittle--
but done for the day--

Good nite .......and always remember--
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  • #187,175
  • Aug 3, 2009 11:11pm Aug 3, 2009 11:11pm
Quoting Eulogy
If everything's so fine and dandy, then why did dear ol' Timmy lose his cool today
Could u elaborate ?
  • #187,176
  • Aug 3, 2009 11:19pm Aug 3, 2009 11:19pm
Quoting 5ysfx
Could u elaborate ?

They were referring to this....

http://www.cnbc.com/id/32277866

Cheers

H
  • #187,177
  • Aug 3, 2009 11:26pm Aug 3, 2009 11:26pm
Quoting Hazardfx
They were referring to this....

http://www.cnbc.com/id/32277866

Cheers

H

didn't the Russians say that they thought they had a communist state till they saw what is going on in the US .
Blogging daily now at www.volume.zone
  • #187,178
  • Aug 3, 2009 11:37pm Aug 3, 2009 11:37pm
Quoting malcolmb14
didn't the Russians say that they thought they had a communist state till they saw what is going on in the US .
c'moon mate.. it's only a business..

Lots and lots of money are aside waiting to enter the US market party.. but before that .. they will crash the price lower, so they can enter..

S&P. kissed 1000 mark last night.. but there is a 1017 level to be tested and very possible we are going to get a reversal/retrace from there and on all other markets too..

Fibo 382 from all move on S&P from the top = 1017.. so 17 points to be made.. very likely this week.

The season FINALE is always like this.. just look back the charts./.

cheers!
  • #187,179
  • Aug 3, 2009 11:40pm Aug 3, 2009 11:40pm

  1. Never bother for news
  2. Never bother what pros are doing
  3. Never bother for whats written on these forums
  4. Just concentrate on your charts
  5. Your charts and your system is better than all bullshit on the internet

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  • #187,180
  • Aug 3, 2009 11:49pm Aug 3, 2009 11:49pm
Quoting malcolmb14
didn't the Russians say that they thought they had a communist state till they saw what is going on in the US .

Sorta reminds me of the NDP government in Saskatchewan, but wait...they usually run the province better then the "non communist" parties! lol

H
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