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

  • #193,641
  • Sep 2, 2009 9:09am Sep 2, 2009 9:09am
Quoting 5ysfx
Hello



149 held

so bullish divergence still in play
i will be lookin for long here 14920-149

for 152 as target one.
just to ask.....due to daily or weekly/monthly on ur view....pls advice.....thanks
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  • #193,642
  • Sep 2, 2009 9:13am Sep 2, 2009 9:13am
Quoting Maks
Msniper, do you think we will get to 148.40-147.20? Where do you expect the low to be?

Thank you
i would love to see GJ at 148 and 147 i will enter with very high risk but i can't gurantee it will go that low thats why i started collecting long from 149.50

there is no way cable go below 1.5981 or GJ below 145.94.

EW traders are buying and waiting for it to go below 149 to buy more

if GJ bounce to 155 or 156 i will not consider my analysis is correct . either i see it above 160 or my analysis is wrong
  • #193,643
  • Sep 2, 2009 9:21am Sep 2, 2009 9:21am
Quoting msniper
i would love to see GJ at 148 and 147 i will enter with very high risk but i can't gurantee it will go that low thats why i started collecting long from 149.50

there is no way cable go below 1.5981 or GJ below 145.94.

EW traders are buying and waiting for it to go below 149 to buy more

if GJ bounce to 155 or 156 i will not consider my analysis is correct . either i see it above 160 or my analysis is wrong
I also have a long position at 149.60... and just like yourself am looking to add..I still believe we have a final push in all the markets before we see a heavy drop... My other reasoning is after the 20th september to the 15th of october we see a fall in the indicies every year...I call it the october trade personally but that is what should be a beautiful run down...

The ideal long entry for me would be 147.50 to 148.00 but I have learnt a lot in the last 10 months and am risking less and adding fewer positions...

Lets see how this plays out...
I will try and post my technical view here as well

Good Luck all
Best wishes Msniper ,
Malc hope all is okay
Geppy g
Let Price determine your future!
  • #193,644
  • Sep 2, 2009 9:25am Sep 2, 2009 9:25am
Quoting msniper
i would love to see GJ at 148 and 147 i will enter with very high risk but i can't gurantee it will go that low thats why i started collecting long from 149.50

there is no way cable go below 1.5981 or GJ below 145.94.

EW traders are buying and waiting for it to go below 149 to buy more

if GJ bounce to 155 or 156 i will not consider my analysis is correct . either i see it above 160 or my analysis is wrong
I like your setup, a correction is more than welcome, I see some bullish pressure on GBPLFX index, take a look to my post if you want

http://www.forexfactory.com/showpost...postcount=9057

In the other hand, the Gopher is pretty bearish, but is on strong support now, chart:

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IMHO

Jhon
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #193,645
  • Sep 2, 2009 9:32am Sep 2, 2009 9:32am
Mate, at the moment what I can say, Daily Yes..totally OS. But to see GJ above 160 impossible, We have Huge resistance at 158 (weekly Gann - You need to bring entire Bull Army to break that resistance). If GJ bounce here I will target around fibo daily 236 or higher at Fibo daily 618. Beside that we need wave 2.

From price action now, GJ keep attacking 150.50.


Quoting msniper
i would love to see GJ at 148 and 147 i will enter with very high risk but i can't gurantee it will go that low thats why i started collecting long from 149.50

there is no way cable go below 1.5981 or GJ below 145.94.

EW traders are buying and waiting for it to go below 149 to buy more

if GJ bounce to 155 or 156 i will not consider my analysis is correct . either i see it above 160 or my analysis is wrong
  • #193,646
  • Sep 2, 2009 9:35am Sep 2, 2009 9:35am
Quoting msniper
i would love to see GJ at 148 and 147 i will enter with very high risk but i can't gurantee it will go that low thats why i started collecting long from 149.50

there is no way cable go below 1.5981 or GJ below 145.94.
EW traders are buying and waiting for it to go below 149 to buy more

if GJ bounce to 155 or 156 i will not consider my analysis is correct . either i see it above 160 or my analysis is wrong

lol everything is possible......


gj been selling off 150.50 all morning to easy

150
100
60
Blogging daily now at www.volume.zone
  • #193,647
  • Sep 2, 2009 9:35am Sep 2, 2009 9:35am
Long @ 149.30 SL 148.90 TP 151.00 anyone?
  • #193,648
  • Sep 2, 2009 9:36am Sep 2, 2009 9:36am
Quoting malcolmb14
as my last bet ran away $10 ? on 148 by end of week lol
does 14899 count ?

who gonna win the bet then ?
  • #193,649
  • Sep 2, 2009 9:39am Sep 2, 2009 9:39am
beast is set up for bounce off from 149 and below
after London close
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  • #193,650
  • Sep 2, 2009 9:40am Sep 2, 2009 9:40am
Quoting 5ysfx
does 14899 count ?

who gonna win the bet then ?
no 148 or lower .... lol .. it is coming 2 more days for 187 pip move i think i will get it

not sure why everyone so eager to go long

2 hour up bar weakest of 4 candles... that was london

seems 150.50 is level to watch

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  • #193,651
  • Sep 2, 2009 9:43am Sep 2, 2009 9:43am
starting to smell like w 1 2 extension w3 w1 2

anyone got phone handy quick call the POPO
"Millionaires don't use astrology, billionaires do"
  • #193,652
  • Sep 2, 2009 9:47am Sep 2, 2009 9:47am
Quoting malcolmb14
no 148 or lower .... lol .. it is coming 2 more days for 187 pip move i think i will get it

not sure why everyone so eager to go long

2 hour up bar weakest of 4 candles... that was london

seems 150.50 is level to watch

Attachment

malcolm, what is your take on gu?
(sporry, on gj forum)
  • #193,653
  • Sep 2, 2009 9:52am Sep 2, 2009 9:52am
Quoting malcolmb14
no 148 or lower .... lol .. it is coming 2 more days for 187 pip move i think i will get it

not sure why everyone so eager to go long

2 hour up bar weakest of 4 candles... that was london

seems 150.50 is level to watch

Attachment
why do u ignore bullsih divergence even shown at ur RSX indi ?
  • #193,654
  • Sep 2, 2009 9:58am Sep 2, 2009 9:58am
futures breaking out as well
"Millionaires don't use astrology, billionaires do"
  • #193,655
  • Sep 2, 2009 10:05am Sep 2, 2009 10:05am
Quoting malcolmb14

seems 150.50 is level to watch

Attachment

Maybe this time, we can see breakout ...
  • #193,656
  • Sep 2, 2009 10:16am Sep 2, 2009 10:16am
Quoting PandoraBox
Maybe this time, we can see breakout ...
Breakout what? up or down?
  • #193,657
  • Sep 2, 2009 10:18am Sep 2, 2009 10:18am
Quoting francish
malcolm, what is your take on gu?
(sporry, on gj forum)

gu short term was buy on oil news

look for any sign of sellers around 1.6300

the psike on 5 min to 1,6280 seems to have been sold into
Blogging daily now at www.volume.zone
  • #193,658
  • Sep 2, 2009 10:18am Sep 2, 2009 10:18am
Quoting mktjong
Break what? up or down?
UP - watch closely PA
  • #193,659
  • Sep 2, 2009 10:21am Sep 2, 2009 10:21am
GJ has bear flag on weekly that was broke a week ago. PA below 1hr,4hr,daily and weekly EMA50. It will take some time to see the exact direction. I am short bais for now and keep building short position for swing trade.
Do not follow my trades. Trade what you see on your own charts.
  • #193,660
  • Edited 10:35am Sep 2, 2009 10:22am | Edited 10:35am
Quoting PandoraBox
UP - watch closely PA
Maybe "if" UJ can hold above 92.50 on hourly.
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