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

  • #190,861
  • Aug 24, 2009 2:45am Aug 24, 2009 2:45am
Quoting Raza
People think..I get stoned everyDay..But I DONT.. Am I not a REAL man???
maybe u should start (no offence)
  • #190,862
  • Aug 24, 2009 2:50am Aug 24, 2009 2:50am
Quoting Kofmaster
Yes Malcolmb. I'm with you! 1st target is 157.50 , Because bear is still in hospital.

I believe this week, the price will touch the weekly 50ema which is around 158.70+ since weekly candle unable to close down below 38.2 weekly fibo.

What do you think?

I was looking 4 hour when i said it

dip was bought into

157.60 sometime between now and tomorrow noon PST as long as 4 hour stays above that 155.80 level (vwap)

very choppy market though. so the dips on 5 min are best to buy till 157.50 target is hit

Attached Image (click to enlarge)
Click to Enlarge Name: gu1.jpg Size: 152 KB
Blogging daily now at www.volume.zone
  • #190,863
  • Aug 24, 2009 2:53am Aug 24, 2009 2:53am
This has got to be an error tick right?......

somehow i just got a spike in the 30 day Fed Fund rate from somewhere around 0.16% up to 5%
  • #190,864
  • Aug 24, 2009 2:54am Aug 24, 2009 2:54am
G/J will get STONED...once at 157.60..

Divergence has to be Bearish for it to be at 157.60....
Dont Mind me just jokin..
Markets are not Random, they are designed!
  • #190,865
  • Aug 24, 2009 2:57am Aug 24, 2009 2:57am
Quoting malcolmb14
I was looking 4 hour when i said it

dip was bought into

157.60 sometime between now and tomorrow noon PST as long as 4 hour stays above that 155.80 level (vwap)

very choppy market though. so the dips on 5 min are best to buy till 157.50 target is hit

Attachment
Great , I'm looking at the same candle. Thanks
Read the entire market, money is made on the main trend not the fluctuation
  • #190,866
  • Aug 24, 2009 2:58am Aug 24, 2009 2:58am
Quoting Raza
People think..I get stoned everyDay..But I DONT.. Am I not a REAL man???
i doubt, prove it
  • #190,867
  • Aug 24, 2009 3:00am Aug 24, 2009 3:00am
Quoting forexlion
i doubt, prove it
I cannot prove it..Seriously I dont..If I do I will not be able to trade..I will Fall Asleep.. Not saying Never been there...

Looking forward to come to GOA..one DAY..
Markets are not Random, they are designed!
  • #190,868
  • Aug 24, 2009 3:05am Aug 24, 2009 3:05am
Quoting Raza
G/J will get STONED...once at 157.60..

Divergence has to be Bearish for it to be at 157.60....
Dont Mind me just jokin..
Schadenfreude will bite you.
  • #190,869
  • Aug 24, 2009 3:05am Aug 24, 2009 3:05am
Quoting Raza
People think..I get stoned everyDay..But I DONT.. Am I not a REAL man???
with rocks not green bud.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #190,870
  • Aug 24, 2009 3:07am Aug 24, 2009 3:07am
http://www.actionforex.com/images/st...2009082431.gif
The pair is still trapped inside our captured downside [C] wave of the short term Elliott sequence, gathering the momentum it needs to be able to breach the pivotal support at 153.60. We see that it is forming a negative divergence on RSI 14, supporting the highly predicted bearish scenario over the short term and intraday basis. To keep the intraday bearishness valid, areas of 159.35 should hold
Trading range for today is among key support at 150.70 and key resistance at 160.35.
The general trend is to the downside as far as 167.40 remains intact with target at 116.00.
Support: 156.00, 155.10, 154.60, 153.60, 152.80
Resistance: 157.00, 157.35, 158.30, 159.35, 160.25
Recommendation: Based on the charts and explanations above our opinion is, selling the pair from 157.30 targeting 154.70 and stop loss above 159.35 might be appropriate.
  • #190,871
  • Aug 24, 2009 3:09am Aug 24, 2009 3:09am
Quoting england33
with rocks not green bud.

THEY SHOULD ADD WEBCAM TO FF....so we can see who is doing what while trading...

We can even see who is Trading Naked...( Naked Trading)
Markets are not Random, they are designed!
  • #190,872
  • Aug 24, 2009 3:12am Aug 24, 2009 3:12am
Quoting feardox
http://www.actionforex.com/images/st...2009082431.gif
The pair is still trapped inside our captured downside [C] wave of the short term Elliott sequence, gathering the momentum it needs to be able to breach the pivotal support at 153.60. We see that it is forming a negative divergence on RSI 14, supporting the highly predicted bearish scenario over the short term and intraday basis. To keep the intraday bearishness valid, areas of 159.35 should hold
Trading range for today is among key support at 150.70 and key...
Yup My view... waiting for 157.39ish.. to short it.. for a Ride down to 150. ... Good analysis..

Thats why I said I50... before 160..
Markets are not Random, they are designed!
  • #190,873
  • Aug 24, 2009 3:12am Aug 24, 2009 3:12am
Quoting Raza
THEY SHOULD ADD WEBCAM TO FF....so we can see who is doing what while trading...

We can even see who is Trading Naked...( Naked Trading)
lol you wouldn't be missing much here. i'm usually hanging my head over my computer. naked trading har har i get it.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #190,874
  • Aug 24, 2009 3:14am Aug 24, 2009 3:14am
Quoting malcolmb14
I like the signatures .. I am a real man . I am being stoned for calling 157.50 ....lol
Relax man.. I also got that every now and then. Chill out. Happy trading malc.
  • #190,875
  • Aug 24, 2009 3:19am Aug 24, 2009 3:19am
http://i32.tinypic.com/2ekqhed.gif
  • #190,876
  • Aug 24, 2009 3:19am Aug 24, 2009 3:19am
anyone think we could see 160+ soon... they are very bullish in equities so if the carry trades follow would propel GJ much higher. dow 10k+ is highly sought after for these people pumping the market. i know the charts say something different.. just a thought.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #190,877
  • Aug 24, 2009 3:20am Aug 24, 2009 3:20am
Quoting Raza
its pretty clear now....
Here is that Chart AUGUST14..
Markets are not Random, they are designed!
  • #190,878
  • Aug 24, 2009 3:21am Aug 24, 2009 3:21am
Quoting A-speculator
Relax man.. I also got that every now and then. Chill out. Happy trading malc.
I am relaxed ,,,, long off my 155.80 zone VSA set up almost perfect on 5 min just after I posted support zone was dead we got a high vol pin bar.
Blogging daily now at www.volume.zone
  • #190,879
  • Aug 24, 2009 3:23am Aug 24, 2009 3:23am
Quoting malcolmb14
I am relaxed ,,,, long off my 155.80 zone VSA set up almost perfect on 5 min just after I posted support zone was dead we got a high vol pin bar.
being right is better than impressing people isn't it..
one thing about talking to people online is you don't know them, what or how they think. you may think they think the same as you but you find out they are on a different page.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #190,880
  • Aug 24, 2009 3:27am Aug 24, 2009 3:27am
I just sold it from Top looking at the Bullish Divergence.. cause I know this Bullish..D will take this down to minimum..155.80....lol.. Bullish G....
Markets are not Random, they are designed!
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