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

  • #193,401
  • Sep 1, 2009 6:59pm Sep 1, 2009 6:59pm
so sad it didn't hit my 149 TP but i chicken out at 149.45 now each. nice pips
  • #193,402
  • Sep 1, 2009 7:01pm Sep 1, 2009 7:01pm
H4 Elwave since the weekend kept showing SELL recommendations (EASI showing over 70% possibility on each of 3 consecutive wave forms) with target levels

1. 150.10 (attained)
2. 147.85
3. 146.75
  • #193,403
  • Sep 1, 2009 7:02pm Sep 1, 2009 7:02pm
Quoting Minakata
so sad it didn't hit my 149 TP but i chicken out at 149.45 now each. nice pips

149.50 reatrce down move opening new short (last one closed 149.20)
Blogging daily now at www.volume.zone
  • #193,404
  • Sep 1, 2009 7:03pm Sep 1, 2009 7:03pm
Reload @ 149.80 SL @ 150.10 with TP @ 148.90 makes sense?
  • #193,405
  • Sep 1, 2009 7:04pm Sep 1, 2009 7:04pm
21 daily EMA
  • #193,406
  • Sep 1, 2009 7:07pm Sep 1, 2009 7:07pm
Quoting msniper
naked chart with bollinger band only

the support for bollinger is around 147.50 area

i guess this will be a nice area for me to go long for my swing trade and SL is the same 146.

150 pips loss is nothing compared of the huge profit when it bounce
well you can also clearly see on that same chart of yours how a strong trend pushes through and makes a top/bottom 100s of pips away from where it first touched lower/upper BB
  • #193,407
  • Sep 1, 2009 7:08pm Sep 1, 2009 7:08pm
Quoting malcolmb14
149.50 reatrce down move opening new short (last one closed 149.20)
i thnik to 161.* fibo tf1h = 148.30
  • #193,408
  • Sep 1, 2009 7:09pm Sep 1, 2009 7:09pm
Been short since 151.80 after the news spike , I also have been bearish on this one.

The quiet trader
  • #193,409
  • Sep 1, 2009 7:12pm Sep 1, 2009 7:12pm
i am expecting some up move before selling to 148....anyone thinking of this? we should test 150.01 , i can be wrong
MY OPINION NOT FINANCIAL ADVISE
  • #193,410
  • Sep 1, 2009 7:13pm Sep 1, 2009 7:13pm
Do you mean the re-test of the break-out crime scene?
  • #193,411
  • Sep 1, 2009 7:15pm Sep 1, 2009 7:15pm
does it worth apply to ur chart ?

161.8% broken
261.8% target hit
now it may retrace 61.8% to sma100
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  • #193,412
  • Sep 1, 2009 7:21pm Sep 1, 2009 7:21pm
Quoting 5ysfx
does it worth apply to ur chart ?

161.8% broken
261.8% target hit
now it may retrace 61.8% to sma100

u guys trading 5 min must be strong, 1hr is my overall chart i notice bro,i pollow u.....bella
MY OPINION NOT FINANCIAL ADVISE
  • #193,413
  • Sep 1, 2009 7:34pm Sep 1, 2009 7:34pm
Quoting NanaK
Do you mean the re-test of the break-out crime scene?

hey , yes but i like ur name man...nana means King
MY OPINION NOT FINANCIAL ADVISE
  • #193,414
  • Sep 1, 2009 7:34pm Sep 1, 2009 7:34pm
Quoting Eulogy
CIT had a nice dump today -15.52%.

Thank you bondholders for bailing me out and making sure i suck up even more of your money, your voluntary sacrifice/cramdown allows me to issue IOU's on your now due interest payments. Another satisfied customer
Modest much Didn't your mammy tell you discretion is the better part of valor, I guess when things get so easy it's hard to see how others can find it so difficult... .

About those shorts you have am not so sure , everyone seems to assume it can't get much worse for GBP, I on the other hand think it just might. Taking a wait and see... Congs on your pay day
  • #193,415
  • Sep 1, 2009 7:53pm Sep 1, 2009 7:53pm
alright guys all swing orders are ready now

i placed long orders in those area

148.85
147.85
147.00

total entery will be around 10% to 15% risk of the account

SL will be a 4hour close below 146

Target more than 1000 pips up

wish me luck guys
  • #193,416
  • Sep 1, 2009 7:56pm Sep 1, 2009 7:56pm
we could test channel top 152.xx area
"Millionaires don't use astrology, billionaires do"
  • #193,417
  • Sep 1, 2009 7:57pm Sep 1, 2009 7:57pm
Quoting OrionsWay
we could test channel top 152.xx area
did you post a chart bro?

nobody draws lines like OrionsWay..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #193,418
  • Sep 1, 2009 8:00pm Sep 1, 2009 8:00pm
Quoting Agaba130
Modest much Didn't your mammy tell you discretion is the better part of valor, I guess when things get so easy it's hard to see how others can find it so difficult... .

About those shorts you have am not so sure , everyone seems to assume it can't get much worse for GBP, I on the other hand think it just might. Taking a wait and see... Congs on your pay day
yes but nothing goes in a straight line. those that got in on the sharp moves are very fortunate.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #193,419
  • Edited 8:17pm Sep 1, 2009 8:01pm | Edited 8:17pm
Quoting OrionsWay
we could test channel top 152.xx area


we might but that will be daily correction, 1hr and 4hrs already made a perfect correction to run out of oversold, any move to the down side now will be a fast one IMO
MY OPINION NOT FINANCIAL ADVISE
  • #193,420
  • Sep 1, 2009 8:02pm Sep 1, 2009 8:02pm
Quoting donfriday
i am expecting some up move before selling to 148....anyone thinking of this? we should test 150.01 , i can be wrong
i don't think we will but it is possible. i think we'll go lower before moving up.. i know price is bouncing now but i still don't think will go that far. 20 pips away i know that's bold to say.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
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