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

  • #192,601
  • Aug 30, 2009 7:39pm Aug 30, 2009 7:39pm
how can monthly be up when its a red candle?
  • #192,602
  • Aug 30, 2009 7:41pm Aug 30, 2009 7:41pm
Quoting Raza
IF the wave count is wrong( cause of wave1 and wave4) then it is AN ABC.. which should come to atleast 150.94.. Taking a long from there for 400 to 800 pips..

IF this 150 Breaks we go to 143.59..probably not in a straight line..

IF not SEE 158.

As long we are under DPP and Daily 5SMA.. the First target for now is 146.7

[chart]
Attached Image (click to enlarge)
Click to Enlarge Name: gy[w].gif Size: 22 KB
  • #192,603
  • Aug 30, 2009 7:44pm Aug 30, 2009 7:44pm
Quoting Eulogy
how can monthly be up when its a red candle?
Still have A Day left for monthly to close..

AT 158 it will be a DOJI..
Markets are not Random, they are designed!
  • #192,604
  • Aug 30, 2009 7:45pm Aug 30, 2009 7:45pm
Quoting 5ysfx
momentum is very bearish so we will se at least bottom test
bottom testing
first fibo confluence area
  • #192,605
  • Aug 30, 2009 7:45pm Aug 30, 2009 7:45pm
Quoting botadufig05
Bro, though I am not a pro, but my chart is telling me that monthly is up and what we are having right now is weekly retracing the move from 118 - 163. And talking about getting married to a trend, are you also married to bear camp? .
monthly charts are irrelevant unless you are trading EXTREMELY long term, same for weekly tbh.

 

  1. Daily - Downtrend
  2. 4H - Downtrend
  3. 1H - Downtrend
  4. 30min - Downtrend
  5. 15min - Downtrend
  6. 5min - Downtrend

cant get any clearer than that.

and you bullish because you think monthly is up? (which it isnt, big pin bar last month was sign of weakness in the trend, and a big fat down bar this month confirms it)

  • #192,606
  • Aug 30, 2009 7:48pm Aug 30, 2009 7:48pm
Quoting Raza
Still have A Day left for monthly to close..

AT 158 it will be a DOJI..

lol bro...

keep an eye on 153.50 if taken,, then you'll probably see yours 155 and upper..
  • #192,607
  • Aug 30, 2009 7:48pm Aug 30, 2009 7:48pm
Quoting Raza
Still have A Day left for monthly to close..

AT 158 it will be a DOJI..
LOL you expecting big 700 pip move today?
  • #192,608
  • Aug 30, 2009 7:49pm Aug 30, 2009 7:49pm
Quoting Raza
Still have A Day left for monthly to close..

AT 158 it will be a DOJI..
lol...rofl ... best joke i have heard in a while...

jpy is getting stronger right now not weaker...

dj about to drops...

you think 700 pip one day rise ?

that stuff you smoke must be better than bc bud....lol
Blogging daily now at www.volume.zone
  • #192,609
  • Aug 30, 2009 7:49pm Aug 30, 2009 7:49pm
looks like its being bought off that 151.10 area like it was on friday. perhaps back for another test of 152 now, seems lots of buying here.

what you think malc volume expert?

edit: ok it DID look like buying on a very high vol 5min pin bar, but nits now plumeted straight down past it again, wtf
  • #192,610
  • Aug 30, 2009 7:52pm Aug 30, 2009 7:52pm
Quoting Piters
As long we are under DPP and Daily 5SMA.. the First target for now is 146.7

[chart]
your short bro?
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #192,611
  • Aug 30, 2009 7:52pm Aug 30, 2009 7:52pm
Aug. 31 (Bloomberg) -- The yen strengthened for a fifth day against the euro after the opposition Democratic Party of Japan won the nation’s weekend general elections, spurring optimism the new government may stimulate the economy.
  • #192,612
  • Aug 30, 2009 7:55pm Aug 30, 2009 7:55pm
What we have today is reversal pattern ;

GJ Weekly candle - Closed below Gann

UJ Weekly Candle - Closed below Gann
  • #192,613
  • Aug 30, 2009 7:55pm Aug 30, 2009 7:55pm
Quoting england33
your short bro?
very..

I closed my previous position from 162.60, and now im again short from 153.30
  • #192,614
  • Aug 30, 2009 7:57pm Aug 30, 2009 7:57pm
May be we are going straight to 149.5 as indicated by weekend pre market quotes this aft? self prophecy?
  • #192,615
  • Aug 30, 2009 7:57pm Aug 30, 2009 7:57pm
Quoting Piters
very..

I closed my previous position from 162.60, and now im again short from 153.30
ok i'll choose my longs very closely. i know not to go against your trades too often.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #192,616
  • Aug 30, 2009 7:58pm Aug 30, 2009 7:58pm
I think there will be demotion vouchers today for all the bullish traders..




Quoting malcolmb14
lol...rofl ... best joke i have heard in a while...

jpy is getting stronger right now not weaker...

dj about to drops...

you think 700 pip one day rise ?

that stuff you smoke must be better than bc bud....lol
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  • #192,617
  • Aug 30, 2009 8:00pm Aug 30, 2009 8:00pm
look at 4H, seems like a very valid double bottom here
  • #192,618
  • Aug 30, 2009 8:02pm Aug 30, 2009 8:02pm
i am going long for a couple of minutes arround 15070-50
  • #192,619
  • Aug 30, 2009 8:10pm Aug 30, 2009 8:10pm
looks like 152 will be strong resistance. should be going to 150 perhaps lower before any type of retracement occurs. trade your charts not my opinion.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #192,620
  • Aug 30, 2009 8:10pm Aug 30, 2009 8:10pm
Quoting england33
ok i'll choose my longs very closely. i know not to go against your trades too often.
Bro, Bulls are on BBQ today.. as long we trade under DPP and 5sma [Daily] -> which is pretty much the 153.50 level.. However in some stage of the day,, we are goin gto see some bounce. but . as far Im seeing now...

GY has been Under performing last week.. from 280p daily range to 180-200 few days.. when that happend.. Im expecting a nice 400p day..

Can we have it today? I dont know.. Honest.. !!!

But the first bounce we should expect from 146.76 -> posted a chart earlier..

cheers.. and watch DPP and 153.50 closely..
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