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

  • #196,041
  • Sep 9, 2009 9:45pm Sep 9, 2009 9:45pm
http://i25.tinypic.com/2e5m51l.png

What if the C is already complete at your chart.
  • #196,042
  • Sep 9, 2009 9:45pm Sep 9, 2009 9:45pm
Quoting ahmadul_hadi
Attachment

My EW analysis.. any comment??
alright bro i took a look at your analysis

i dont think its right

look at the last section

the A B C D

as far as i understand you claim that it will be a Triangle correction or Contracting Triangle

ok no problem but look at ( C ) !!

it went down and broke the traingle line

so i dont think its right

good luck
  • #196,043
  • Sep 9, 2009 9:48pm Sep 9, 2009 9:48pm
Quoting feardox
http://i25.tinypic.com/2e5m51l.png

What if the C is already complete at your chart.
its possible but in order to know C finshed its either break up 153.26 now or keep doing 3 - 3 - 3 - 3 - 3 as i mentioned
  • #196,044
  • Sep 9, 2009 9:48pm Sep 9, 2009 9:48pm
Quoting sinner-
Err I was referring to the EW poster in "Daily GBP/JPY Analysis" thread is looking for bearish continuation, not you. Who could think you were bearish? You longed on the first leg down and keep changing your charts. I remember your first EW one you said "TP2 only valid if we stay above TP1" well guess what we did not stay above TP1 at all we dropped further and you still bullish. You're bullish with a 300 pip stop loss heh. What a joke.
with all due respect spit.. others were calling for 147.00 i think it was and here we are on thursday.. I think both sides bears and bulls got it wrong and if i don't mind saying i'm pretty sure i was the first to call range so the jokes on the bulls and the bears. i said that a few times but i guess no one listens to me. not that i really care though i'm trading other pairs but i follow this one very closely. i know a lot of people don't really like me but i really don't care about that either all i care about is honesty.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #196,045
  • Sep 9, 2009 9:54pm Sep 9, 2009 9:54pm
I hope price will be able to break the bear flag in 1h and closed below 151.50 before the news..
  • #196,046
  • Sep 9, 2009 9:57pm Sep 9, 2009 9:57pm
Quoting A-speculator
I hope price will be able to break the bear channel in 1h and closed below 151.50 before the news..
if it go down now and in the last hour before the news they reverse thats mean news will be bullish based in tricky moves GJ usually do
  • #196,047
  • Sep 9, 2009 9:58pm Sep 9, 2009 9:58pm
Quoting msniper
if it go down now and in the last hour before the news they reverse thats mean news will be bullish based in tricky moves GJ usually do
ehehe.. are you sure? This time it won't.. trust me..
  • #196,048
  • Sep 9, 2009 10:02pm Sep 9, 2009 10:02pm
my take on gu is tomorrow it is going to get slammed

gj breaks 151.60 test 149 or lower


if this does not play out and gbp has surprise for us ( doubt it) then gj breaks to upside153 ... then in fact mssniprs wave 5 he showed on his chart is wave 3 .... wave 4 completed 151.20 and wave 5 ...155


tomorrow is going to be the deciding day to get out of this range , 1st major news day all week
Blogging daily now at www.volume.zone
  • #196,049
  • Sep 9, 2009 10:03pm Sep 9, 2009 10:03pm
Quoting msniper
alright bro i took a look at your analysis

i dont think its right

look at the last section

the A B C D

as far as i understand you claim that it will be a Triangle correction or Contracting Triangle

ok no problem but look at ( C ) !!

it went down and broke the traingle line

so i dont think its right

good luck
Thanks bro.. I made mistake.. i need to redraw EW in my chart.. This good to have someone look our chart.. hehehe
Look at your trading system - wait for signal - GO - don't greedy..
  • #196,050
  • Sep 9, 2009 10:06pm Sep 9, 2009 10:06pm
price is at UTL of channel. i'm a little bit bearish biased today.

trade safe
Attached Image (click to enlarge)
Click to Enlarge Name: geppy4h0909.gif Size: 20 KB
  • #196,051
  • Sep 9, 2009 10:06pm Sep 9, 2009 10:06pm
Quoting malcolmb14


tomorrow is going to be the deciding day to get out of this range , 1st major news day all week
that is the most intelligent view. trying to make long calls and betting the bank on it could end one up in the poor house.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #196,052
  • Sep 9, 2009 10:07pm Sep 9, 2009 10:07pm
Quoting malcolmb14
my take on gu is tomorrow it is going to get slammed

gj breaks 151.60 test 149 or lower


if this does not play out and gbp has surprise for us ( doubt it) then gj breaks to upside153 ... then in fact mssniprs wave 5 he showed on his chart is wave 3 .... wave 4 completed 151.20 and wave 5 ...155


tomorrow is going to be the deciding day to get out of this range , 1st major news day all week
I'm right there with you brotha. If we go down, I have 144.xx on my radar. So far for me, this pair "has giveth"... but it could easily "taketh away" tomorrow
Si vis pacem, para bellum.
  • #196,053
  • Sep 9, 2009 10:07pm Sep 9, 2009 10:07pm
msniper.. do u have 4H tf EW counting?
Look at your trading system - wait for signal - GO - don't greedy..
  • #196,054
  • Sep 9, 2009 10:07pm Sep 9, 2009 10:07pm
H1 gann just flipped down. QQE pointed downwards. just waiting for confirmation from H4
Attached Image (click to enlarge)
Click to Enlarge Name: bear.gif Size: 33 KB
  • #196,055
  • Sep 9, 2009 10:11pm Sep 9, 2009 10:11pm
Quoting malcolmb14
my take on gu is tomorrow it is going to get slammed

gj breaks 151.60 test 149 or lower


if this does not play out and gbp has surprise for us ( doubt it) then gj breaks to upside153 ... then in fact mssniprs wave 5 he showed on his chart is wave 3 .... wave 4 completed 151.20 and wave 5 ...155


tomorrow is going to be the deciding day to get out of this range , 1st major news day all week
i posted too many charts bro i cant even remember which one ur talking about loool

can u send me my chart in PM

thx
  • #196,056
  • Sep 9, 2009 10:11pm Sep 9, 2009 10:11pm
I am bearish on g/j and just sold it with the sl at 152.8, the close below 4hr gann will be confirmation and as of now in tight press between last Gann and daily one after jumping of the bear flag. Watch for a break with 100-200 at least movement. The bearishness adds jpy as I am still expect more down for it. Ok 152,26 lets see
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 30 KB
  • #196,057
  • Sep 9, 2009 10:13pm Sep 9, 2009 10:13pm
Quoting ahmadul_hadi
msniper.. do u have 4H tf EW counting?
no i only have very old chart
  • #196,058
  • Sep 9, 2009 10:21pm Sep 9, 2009 10:21pm
Im out, it may test as high as 154 and if broken then bulls back, but I expect the fall from there, after the 38,2 retr and a tuff resistance zone
Good night it will be a good us/london session tomorrow for us
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 33 KB
  • #196,059
  • Sep 9, 2009 10:32pm Sep 9, 2009 10:32pm
Quoting pipsbull
Im out, it may test as high as 154 and if broken then bulls back, but I expect the fall from there, after the 38,2 retr and a tuff resistance zone
Good night it will be a good us/london session tomorrow for us
is that how you trade? That was 1 quick loss..
  • #196,060
  • Sep 9, 2009 10:38pm Sep 9, 2009 10:38pm
Quoting rgitt05
Go ahead with the 95% same ecisionLOSERS...
I am with you . i am thinking same big unwinding of yen pairs is nearing lead by usd/jpy below 91.65 next major resistanc is below 90 as for gj i am seeig 146 area sooner if BOE signal continuation of QE we will see extrmely weak strlg even with out such announcement gj is destined for bigger drops sooner.weak dollar story cant last long.
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