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

  • #191,841
  • Aug 26, 2009 7:44pm Aug 26, 2009 7:44pm
last 2 5min bars, extremely high volume for the size of the bar, has to be buying in there by the looks of it so might bounce here. historically very strong support hence the earlier bounce and this double bottom.
  • #191,842
  • Aug 26, 2009 7:47pm Aug 26, 2009 7:47pm
Quoting ewokuk
last 2 5min bars, extremely high volume for the size of the bar, has to be buying in there by the looks of it so might bounce here. historically very strong support hence the earlier bounce and this double bottom.
Yeah, noticed that too, but higher time frames 3, 6, 12 hr on my chart are very bearish. Don't dare to go long ..
  • #191,843
  • Aug 26, 2009 7:48pm Aug 26, 2009 7:48pm
Quoting ewokuk
last 2 5min bars, extremely high volume for the size of the bar, has to be buying in there by the looks of it so might bounce here. historically very strong support hence the earlier bounce and this double bottom.
Yes and i see bullish divergance on 15 minute but if this breaks 152.20 that divergance will be void
  • #191,844
  • Aug 26, 2009 7:49pm Aug 26, 2009 7:49pm
well if you are looking for hundeds of pips obviously long isnt the wy to go. if you are looking for 50 then this might be a good long. i sure as hell wouldnt short it here right on major support anyway.
  • #191,845
  • Aug 26, 2009 7:51pm Aug 26, 2009 7:51pm
Quoting msniper
we are in 5th wave right now and targeting 151.50

lets see what will happend when we touch that area
2nd lot of 1-2-3-4-5 wave is incorrect wave 4 can't intersect wave 1
  • #191,846
  • Aug 26, 2009 7:55pm Aug 26, 2009 7:55pm
Quoting mktjong
Down we go ..
the GU is testing 6215. I was looking at the wrong pair for support. lol
  • #191,847
  • Aug 26, 2009 7:57pm Aug 26, 2009 7:57pm
on daily and 4h this is the last major support i can see before 147

25mins now its been sitting here with high volume but not moving anywhere....bit of mini accumulation? definitely looks like its being bought to me
  • #191,848
  • Aug 26, 2009 7:57pm Aug 26, 2009 7:57pm
guys,

Will it break this Support !?????
Trading Forever !!!
  • #191,849
  • Aug 26, 2009 8:01pm Aug 26, 2009 8:01pm
Quoting ewokuk
on daily and 1h this is the last major support i can see before 147
Watch the GU support levels as well.
  • #191,850
  • Aug 26, 2009 8:03pm Aug 26, 2009 8:03pm
Quoting ewokuk
on daily and 1h this is the last major support i can see before 147

25mins now its been sitting here with high volume but not moving anywhere....bit of mini accumulation? definitely looks like its being bought to me
we have daily... s1-152.06
s2- 151.19
s3- 150.17
  • #191,851
  • Aug 26, 2009 8:04pm Aug 26, 2009 8:04pm
Quoting janela
Mate if you have something nice to say that is fine. There is absolutely no reason to say something not so nice as it is provocative and also demonstrates what you know or dont know.
What is provocative about that. All I just said is that it is 1600 pips and not 1200. Guess I have not said a tenth of what you say here, finding faults with everything and everyone . We all know the kind of comments you do leave here.

Anyway leave you to it. Just being typical you as usual.
  • #191,852
  • Aug 26, 2009 8:07pm Aug 26, 2009 8:07pm
Quoting msniper
we are in 5th wave right now and targeting 151.50

lets see what will happend when we touch that area

151.50 it's a 161.1 rectrment,, i would long from here...
  • #191,853
  • Aug 26, 2009 8:14pm Aug 26, 2009 8:14pm
Quoting bill77
we have daily... s1-152.06
s2- 151.19
s3- 150.17
12 RED 15 min.. candles.. On the Eleventh one I bought 10 lots to get 20 pips.. I am In RED.. with the Twelveth Candle.. Guess i am Screwed!!!

Are these Ss... not too Close to each other.?? Whats GOING ON..

IS IT GONNA HIT ALL SUPPORTS IN ONE SHOT??/ lol...
Markets are not Random, they are designed!
  • #191,854
  • Aug 26, 2009 8:19pm Aug 26, 2009 8:19pm
Quoting Raza
12 RED 15 min.. candles.. On the Eleventh one I bought 10 lots to get 20 pips.. I am In RED.. with the Twelveth Candle.. Guess i am Screwed!!!

Are these Ss... not too Close to each other.?? Whats GOING ON..

IS IT GONNA HIT ALL SUPPORTS IN ONE SHOT??/ lol...
mate there is no support left here
daily sma100 broken
enjoy wave 3
  • #191,855
  • Aug 26, 2009 8:20pm Aug 26, 2009 8:20pm
Quoting 5ysfx
mate there is no support left here
daily sma100 broken
enjoy wave 3
Hmm .. Hope to break even then..

Well just got a little more than that.... Craziness...

Where did your wave 3 started from.. what time frame..??
Markets are not Random, they are designed!
  • #191,856
  • Aug 26, 2009 8:28pm Aug 26, 2009 8:28pm
Quoting Raza
Hmm .. Hope to break even then..

Well just got a little more than that.... Craziness...

Where did your wave 3 started from.. what time frame..??
break of triangle on daily chart indicates wave 3 just started
163 - 15350 decline = wave 1
triangle = wave 2
15350 -137/135 = wave 3
  • #191,857
  • Aug 26, 2009 8:31pm Aug 26, 2009 8:31pm
Quoting botadufig05
What is provocative about that. All I just said is that it is 1600 pips and not 1200. Guess I have not said a tenth of what you say here, finding faults with everything and everyone . We all know the kind of comments you do leave here.

Anyway leave you to it. Just being typical you as usual.
My apologies. I misquoted you prolly coz yours was the last post. My comment was not directed at you but someone who had not too nice thing to say about Piters.

Once again my apologies to you. I shall be more careful when replying to posts.
  • #191,858
  • Aug 26, 2009 8:36pm Aug 26, 2009 8:36pm
Quoting janela
My apologies. I misquoted you prolly coz yours was the last post. My comment was not directed at you but someone who had not too nice thing to say about Piters.

Once again my apologies to you. I shall be more careful when replying to posts.
Accepted bro
  • #191,859
  • Aug 26, 2009 8:36pm Aug 26, 2009 8:36pm
1024 ES needs to break for it to go lower.
  • #191,860
  • Aug 26, 2009 8:37pm Aug 26, 2009 8:37pm
Quoting Eulogy
2nd lot of 1-2-3-4-5 wave is incorrect wave 4 can't intersect wave 1
i am dealing with the beast not EURUSD

beast not always respect the rules specially in small frames

some elliott expert accepted a small intersect at least it didn't close above wave1 low

i am very sure the counting is right
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