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

  • #187,921
  • Aug 7, 2009 2:07am Aug 7, 2009 2:07am
anyone else looking for possible short off 160?
  • #187,922
  • Aug 7, 2009 2:15am Aug 7, 2009 2:15am
what was this ?..a double bottom??/
Markets are not Random, they are designed!
  • #187,923
  • Aug 7, 2009 2:16am Aug 7, 2009 2:16am
crap that was a crazy bounce and yes looks like a double.. and if pans out will go to 161.11 where i drew my crazy trendline through all this junk patterns.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #187,924
  • Aug 7, 2009 2:17am Aug 7, 2009 2:17am
was looking at that but not sure i trust it. if it goes up might bounce off 160, or 160.20 or 160.50 so ill wait for a short off one of those i guess, assuming im not on the bus to work when it happens.
  • #187,925
  • Aug 7, 2009 2:20am Aug 7, 2009 2:20am
Quoting england33
crap that was a crazy bounce and yes looks like a double.. and if pans out will go to 161.11 where i drew my crazy trendline through all this junk patterns.

It should go lower .. its got some static problem.. bouncing.... 159.43 at least than bounce

IF it bounces according to my FIB level it should go to 161.27

Now Get ready for some action

I took a buy from the bottom... lets see what happens...
Markets are not Random, they are designed!
  • #187,926
  • Aug 7, 2009 2:21am Aug 7, 2009 2:21am
Quoting Raza
what was this ?..a double bottom??/

that candle have 37min to close so let wait and see.
MY OPINION NOT FINANCIAL ADVISE
  • #187,927
  • Aug 7, 2009 2:23am Aug 7, 2009 2:23am
Quoting Raza
what was this ?..a double bottom??/
Na... just bounce off yelow line. does not like the colour yelow but seriously, a close this hour below 159.50 we are bearish for the rest of euro market period. i am off no more trading nfp night day evening where ever you come from. safe trading all.
Attached Image (click to enlarge)
Click to Enlarge Name: gj hourly.gif Size: 23 KB
  • #187,928
  • Aug 7, 2009 2:23am Aug 7, 2009 2:23am
Well, not simple, but here is a good reason why Karmo pills work.

4hr chart. Gann + QQE with an added 5sma, (white line). Gann and QQE in conjunction signify the trade and 5sma exits and re-enters until Gann or QQE change.
Red elipse signifies final exit as QQE changes down.

With screwy PA on the lower TFs, it's always worth looking at the bigger picture.

Chart.
Attached Image (click to enlarge)
Click to Enlarge Name: 4hr exit.gif Size: 21 KB


Now, what do we reckon is the trade right now?
  • #187,929
  • Aug 7, 2009 2:26am Aug 7, 2009 2:26am
Quoting Raza
It should go lower .. its got some static problem.. bouncing.... 159.43 at least than bounce

IF it bounces according to my FIB level it should go to 161.27

Now Get ready for some action
i did a quick little long scalp on that bounce but i jumped out all ready. looking at the equities made me nervous.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #187,930
  • Aug 7, 2009 2:28am Aug 7, 2009 2:28am
good afternoon everyone

159.5 held, let's test 160 again!

This PA is like a drunken pirate dancing on a staircase.
  • #187,931
  • Aug 7, 2009 2:28am Aug 7, 2009 2:28am
Quoting ukdaytrader
Well, not simple, but here is a good reason why Karmo pills work.

4hr chart. Gann + QQE with an added 5sma, (white line). Gann and QQE in conjunction signify the trade and 5sma exits and re-enters until Gann or QQE change.
Red elipse signifies final exit as QQE changes down.

With screwy PA on the lower TFs, it's always worth looking at the bigger picture.

Chart.
Attachment

Now, what do we reckon is the trade right now?
well that's how were supposed to do it (stress free right?) according to the rules of the thread but some of us crazy nuts try to squeeze more out of it.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #187,932
  • Aug 7, 2009 2:29am Aug 7, 2009 2:29am
Quoting warta
sorry but what forex market mean ?
market mean that funny thing in front of you bouncing all around.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #187,933
  • Edited 2:44am Aug 7, 2009 2:31am | Edited 2:44am
Quoting england33
i did a quick little long scalp on that bounce but i jumped out all ready. looking at the equities made me nervous.

I bought it too... and holding it.. for a ride to the moon .. or Half way..

Lets just start all over again..

Indies are dieing to go down.. but arent

If this 4 hr goes back to 160.66.. then its highly bullish...( which seems impossible right now 20 mins left!!!) Even to 160.20 = Bullish
Markets are not Random, they are designed!
  • #187,934
  • Aug 7, 2009 2:34am Aug 7, 2009 2:34am
Quoting Raza
I bought it too... and holding it.. for a ride to the moon .. or Half way..

Lets just start all over again..
gl.. i hope it pulls back and i'll long again. otherwise see you on the other side.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #187,935
  • Aug 7, 2009 2:37am Aug 7, 2009 2:37am
my spidey senses are telling me something but I don't know what
  • #187,936
  • Aug 7, 2009 2:42am Aug 7, 2009 2:42am
Quoting Fly2
my spidey senses are telling me something but I don't know what
may be this

1 hour showing signs of weakness in going down
Attached Image
  • #187,937
  • Aug 7, 2009 2:44am Aug 7, 2009 2:44am
Quoting england33
gl.. i hope it pulls back and i'll long again. otherwise see you on the other side.
one side is the mouth and the other side ........
  • #187,938
  • Aug 7, 2009 2:46am Aug 7, 2009 2:46am
Quoting forexlion
may be this

1 hour showing signs of weakness in going down
but as long as price remains below tema, this is downtrend for me
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 19 KB
  • #187,939
  • Aug 7, 2009 2:47am Aug 7, 2009 2:47am
starting to look like a shampoo now
  • #187,940
  • Aug 7, 2009 2:50am Aug 7, 2009 2:50am
to me the sellers are more than the buyers now..
MY OPINION NOT FINANCIAL ADVISE
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