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

  • #190,921
  • Aug 24, 2009 3:05am Aug 24, 2009 3:05am
Quoting msniper
well bro its finding problem closing above 1H gann at 156.65 plus a huge resistance at R1 157

so if we didn't manage to close above those level in this 4h candle i think my senario will play out
look at this counting thats what makes me short
http://i28.tinypic.com/2mibh4.png
My opinion is the yellow line
  • #190,922
  • Aug 24, 2009 3:05am Aug 24, 2009 3:05am
Just my 2 pips.

this weeks pivot @15570 has been hit. Last weeks pivot @ 15831 has not been hit. I have limit orders @ 15750. 760,770,and 15780 for a TP @ 15810.
If this pans out, it will net 180 pips.
I have friends (more aggressive than me) who stack every 5 pips.
  • #190,923
  • Aug 24, 2009 3:07am Aug 24, 2009 3:07am
Quoting for_idea
nice
but i am not that much in 123 abc thing
lets see how it will go. maybe youre right
What is the thing that you are into than... ?

IF down .. it can reach more than 155.50,,thats where you would be buying right... I think 154.53 would be a good target.. MSniper..
Markets are not Random, they are designed!
  • #190,924
  • Aug 24, 2009 3:09am Aug 24, 2009 3:09am
by the way 30, 1hr gann flipped. so if 156.6 broken soon you know whats next
  • #190,925
  • Aug 24, 2009 3:11am Aug 24, 2009 3:11am
Quoting Raza
What is the thing that you are into than... ?

IF down .. it can reach more than 155.50,,thats where you would be buying right... I think 154.53 would be a good target.. MSniper..

pivots fibs gann cci.
you know i cannot argue what i am not really in to
  • #190,926
  • Aug 24, 2009 3:11am Aug 24, 2009 3:11am
Quoting for_idea
by the way 30, 1hr gann flipped. so if 156.6 broken soon you know whats next
175 right..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #190,927
  • Aug 24, 2009 3:15am Aug 24, 2009 3:15am
Quoting england33
175 right..
  • #190,928
  • Aug 24, 2009 3:15am Aug 24, 2009 3:15am
I guess whatever that malc expected last week are starting to show its signs sooner that I expected. Maybe I'm wrong, but I'm only going to trade this market with small position size..
  • #190,929
  • Aug 24, 2009 3:17am Aug 24, 2009 3:17am
Symmetrical Triangle will give us the direction sooon

patience, i still have faith in my senario unless triangle break up

http://img196.imageshack.us/img196/9346/symmi.png
  • #190,930
  • Aug 24, 2009 3:22am Aug 24, 2009 3:22am
Quoting Raza
Aww... Dont give up this soon...Let MALCOLMB trade your account for you... Sunday...and you are already seeing signs...

Or let 150..- 149 happen.. and then do what you said you will Do...BUY..Buy..Buy..
Something's changing.. and I don't know what yet.. that is why i'm not gonna trade this market with my normal position size.
  • #190,931
  • Aug 24, 2009 3:24am Aug 24, 2009 3:24am
Hmmmm, bear with me on this, just thinking aloud. Let's just say for 1 sec you were a big money mover in this market. What would you be inclined to do here?

i, Push the buy button to break higher?
ii, Wait for every man and his dog to load the longs hoping for the break north, and short the hell out of this sucker taking their stops?

This looks like a bit of a tease to me; everyone who is not contrarian is looking for higher from here. Just look at how ES is holding up before the US session.

I'm flat, but I've a feeling we'll see 155 before 157.
  • #190,932
  • Aug 24, 2009 3:25am Aug 24, 2009 3:25am
Quoting Raza
Since when these kinda triangles break upward??
hehe every thing is possible in forex
  • #190,933
  • Aug 24, 2009 3:26am Aug 24, 2009 3:26am
Quoting ukdaytrader
Hmmmm, bear with me on this, just thinking aloud. Let's just say for 1 sec you were a big money mover in this market. What would you be inclined to do here?

i, Push the buy button to break higher?
ii, Wait for every man and his dog to load the longs hoping for the break north, and short the hell out of this sucker taking their stops?

This looks like a bit of a tease to me; everyone who is not contrarian is looking for higher from here. Just look at how ES is holding up before the US session.

I'm flat, but I've a feeling we'll see 155 before...

in other words start From the end of Friday... or are we gonna Have a QUAD Bottom..lol...

Thing we should see 150.00 then we will see everything on the way UP..155 - 157 - 158 - 159 - 160 - 165 ..
Markets are not Random, they are designed!
  • #190,934
  • Aug 24, 2009 3:27am Aug 24, 2009 3:27am
ok i think this. if it's going to go down you can still get in. above 156 is going to be bullish.. only 50pips from 157. i think let the bull ride until there's substantial proof no more bull. where's the bear? i don't see a bear..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #190,935
  • Aug 24, 2009 3:27am Aug 24, 2009 3:27am
Let the power of GJ reveal itself! The power to spike 100 pips up then a nice final candle to make this sucker drop down below the triple drops to establish a new low!!
  • #190,936
  • Aug 24, 2009 3:27am Aug 24, 2009 3:27am
Quoting ukdaytrader
Hmmmm, bear with me on this, just thinking aloud. Let's just say for 1 sec you were a big money mover in this market. What would you be inclined to do here?

i, Push the buy button to break higher?
ii, Wait for every man and his dog to load the longs hoping for the break north, and short the hell out of this sucker taking their stops?

This looks like a bit of a tease to me; everyone who is not contrarian is looking for higher from here. Just look at how ES is holding up before the US session.

I'm flat, but I've a feeling we'll see 155 before...
That's what been bothering me.. perhaps 153.50 again? maybe the price is in a range? currently the price formation for the yen is not so encouraging either.. I'm with you atm, I'm short..
  • #190,937
  • Aug 24, 2009 3:32am Aug 24, 2009 3:32am
look at 4h still bearish for me even if its above 4h gann there is still possiblity to test 4h gann again then i will go long from there
Attached Image (click to enlarge)
Click to Enlarge Name: 4hhh.png Size: 64 KB
  • #190,938
  • Aug 24, 2009 3:36am Aug 24, 2009 3:36am
Quoting Raza
Here you go..
thats more like it. Everytime i look at other traders charts its not complete. Good im in the same page as some of us.
  • #190,939
  • Aug 24, 2009 3:37am Aug 24, 2009 3:37am
now draw a trend line from those 2 bottoms raza.. it's in uptrend..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #190,940
  • Aug 24, 2009 3:38am Aug 24, 2009 3:38am
raza what happened to your chart? It just disappeared
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