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

  • #191,581
  • Aug 26, 2009 5:44am Aug 26, 2009 5:44am
Quoting zamzen
Wow..all the smart people are here..they can even Judge whether one person is better than others...

Remember guys...everyone comes here to learn and share..and not everyone is as smart as you guys, but one-day..they will be able to help another human ...so keep focus on your trade.
Not sure what you meant by this but if your intention is to insult, i am not impressed. Mate your first visit and post in this thread and this is what you give us i am not better or worse or smarter than anyone, i am my own best freind or enemy when it comes to trading. what ever dude that was history if you get your kicks out of it so be it.

ignore list is evan bigger
  • #191,582
  • Aug 26, 2009 5:49am Aug 26, 2009 5:49am
Quoting 5ysfx


one of inverted shoulder was wave 2 so price has reached 261.8% fibo target now is time to retreat to 135 which is 61.8% of whole wave A(probably) structure also this is spot where sma 100 start to rise but this a another story.
end of wave c might be either arround 135, double bottom or two digit number near 95.

stoch below 25% so any longs are very dangerous now.

GL & GT
Great analysis 5y as always. just warried about news throwing the spanner in the works.
  • #191,583
  • Aug 26, 2009 5:50am Aug 26, 2009 5:50am
Double bottom on 60min chart. I'm long at 153.10 with tight SL. TP will be at 153.5
  • #191,584
  • Aug 26, 2009 6:01am Aug 26, 2009 6:01am
we just need a close below 153.10 in 1hour
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  • #191,585
  • Aug 26, 2009 6:02am Aug 26, 2009 6:02am
Quoting jusaix
Double bottom on 60min chart. I'm long at 153.10 with tight SL. TP will be at 153.5

You need to worry about double top at GJ Weekly TF. Bigger TF
Anyway .... Good Luck
  • #191,586
  • Aug 26, 2009 6:08am Aug 26, 2009 6:08am
Quoting Piters
Something from my library.. fro you guys..~~

~~~
hmmm..some pips calling....HOLLA
Captain Sycho
Imanuel Parsifal
  • #191,587
  • Aug 26, 2009 6:11am Aug 26, 2009 6:11am
closed my long for -25pip.. stay sideline again..
  • #191,588
  • Aug 26, 2009 6:19am Aug 26, 2009 6:19am
alright guys if we manage to get a daily close below 150

our targets will be

1st purple 149.xx ( triangle pattern )
2nd yellow 143.xx ( complex H&S )
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  • #191,589
  • Aug 26, 2009 6:24am Aug 26, 2009 6:24am
it..... will.... go........... lower!!!

joke of the day.
Why does a Yugo have a rear window defogger.
answer... to keep your hands warm while you push it.. ha ha,, ha ha,, ha ha ha ha..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #191,590
  • Aug 26, 2009 6:26am Aug 26, 2009 6:26am
I think breakout is already confirmed.
  • #191,591
  • Edited 6:47am Aug 26, 2009 6:32am | Edited 6:47am
Today's news might advance the bulls. We already know Core Durables will be up, but there's also an aspect to New Home sales that could boost the numbers.

It includes developer homes/communites sold short. Quite a lot of developed unsold properties were sold at fractional cost as developers offloaded these to free up liquidity. So, the effect of these homes being wrapped in can potentially have a positive impact on the numbers. And since housing is one of the key indicators of the health of the American economy this news will have a higher impact than existing home sales.

This reminds me of last week. We were at 153.6 and the market looked ready to break to the south but shot back up to 157.

This could be a similar bear trap, especially with Tokyo and London keeping the market around 153 within a tight range.

I'm bearish, everything points that way, but the recent manipulation on news days is making me cautious.

let's go down already!!

trade safe everyone
  • #191,592
  • Aug 26, 2009 6:49am Aug 26, 2009 6:49am
if news now came out good for GJ

it might break the falling wedge @ 153.10

and if that happend checkout the low for example 152.80 target will be around 100pips up which is 153.80 then strong down again just like yestrday
Attached Image (click to enlarge)
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  • #191,593
  • Aug 26, 2009 6:50am Aug 26, 2009 6:50am
Quoting england33
it..... will.... go........... lower!!!

joke of the day.
Why does a Yugo have a rear window defogger.
answer... to keep your hands warm while you push it.. ha ha,, ha ha,, ha ha ha ha..
good one
  • #191,594
  • Aug 26, 2009 6:54am Aug 26, 2009 6:54am
iam long now
entry : 153.05
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  • #191,595
  • Aug 26, 2009 6:56am Aug 26, 2009 6:56am
Quoting riskyachtar
iam long now
entry : 153.05
instaforex ?
Trading Forever !!!
  • #191,596
  • Aug 26, 2009 6:57am Aug 26, 2009 6:57am
155.65 my target
  • #191,597
  • Aug 26, 2009 6:59am Aug 26, 2009 6:59am
Quoting england33
it..... will.... go........... lower!!!

joke of the day.
Why does a Yugo have a rear window defogger.
answer... to keep your hands warm while you push it.. ha ha,, ha ha,, ha ha ha ha..
man .. this is funny ..
  • #191,598
  • Aug 26, 2009 7:02am Aug 26, 2009 7:02am
Quoting riskyachtar
155.65 my target
u should wait `151.50-151 test before thinking of long
  • #191,599
  • Aug 26, 2009 7:03am Aug 26, 2009 7:03am
i closed my short at 153.10 only to wait for the news

if news come good we will see GJ around 153.75 which will be great to short there 1hour gann hilo
  • #191,600
  • Aug 26, 2009 7:03am Aug 26, 2009 7:03am
Quoting grashid
u should wait `151.50-151 test before thinking of long
let see, in up now
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