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

  • #201,081
  • Oct 1, 2009 9:22pm Oct 1, 2009 9:22pm
Quoting OrionsWay
click the things under my post or click my name and see my perspective of things
lol-ed
  • #201,082
  • Oct 1, 2009 9:46pm Oct 1, 2009 9:46pm
Based on popular and proven formula AB = CD, we could see GY down to 134 area. I probably would tp it at that level and it could be as early as next week
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  • #201,083
  • Oct 1, 2009 9:49pm Oct 1, 2009 9:49pm
uhm.. this is going to 144.50 at least
shorts WILL be burned
  • #201,084
  • Oct 1, 2009 9:49pm Oct 1, 2009 9:49pm
Quoting cvcamper
Im in GBP/JPY Long at 142.35 (SL at BE) looking to TP at 143.00
I guess ur SL hit ?...But i also have a feeling it might go up for retrace ? Before it go lower...but i have been wrong for the week so no trade for me lol...
  • #201,085
  • Oct 1, 2009 9:51pm Oct 1, 2009 9:51pm
Quoting mktjong
Based on popular and proven formula AB = CD, we could see GY down to 134 area. I probably would tp it at that level
Yes bro, or will we see more lower when DOW and S&P crash. H4, Daily, Weekly and Monthly all below Gann

Few week ago I mentioned about GJ and EU drop. GJ already drop.....now EU.

Bro, take a look at EU Weekly TF.

Step by Step
  • #201,086
  • Oct 1, 2009 9:53pm Oct 1, 2009 9:53pm
Quoting cvcamper
Im in GBP/JPY Long at 142.35 (SL at BE) looking to TP at 143.00

I think its not a good trade. I think bulls are having a last attempt to save, if they are not really dynamic they might be done for a long time
  • #201,087
  • Oct 1, 2009 9:54pm Oct 1, 2009 9:54pm
youre wrong man, its a real good trade.
hell, i got in long slightly early,at 142.53, but have no regrets, as in 48 hours we will be at least 143.70
  • #201,088
  • Oct 1, 2009 9:56pm Oct 1, 2009 9:56pm
Quoting PandoraBox
Yes bro, or will we see more lower when DOW and S&P crash. H4, Daily, Weekly and Monthly all below Gann

Few week ago I mentioned about GJ and EU drop. GJ already drop.....now EU.

Bro, take a look at EU Weekly TF.

Step by Step
Yup, a scary shooting star and confirmation for reversal.
  • #201,089
  • Oct 1, 2009 10:00pm Oct 1, 2009 10:00pm
Quoting mktjong
Yup, a scary shooting star and confirmation for reversal.
EU still warm up bro, When times come just get ready.
  • #201,090
  • Edited 10:16pm Oct 1, 2009 10:03pm | Edited 10:16pm
Quoting PandoraBox
Yes bro, or will we see more lower when DOW and S&P crash. H4, Daily, Weekly and Monthly all below Gann

Few week ago I mentioned about GJ and EU drop. GJ already drop.....now EU.

Bro, take a look at EU Weekly TF.

Step by Step
u mean eurgpy? thanks for the answer!!!
  • #201,091
  • Oct 1, 2009 10:09pm Oct 1, 2009 10:09pm
Quoting RonPaul2008
uhm.. this is going to 144.50 at least
shorts WILL be burned
Lets see who gets burned shall we?



I was going to try and explain this from the tape, but do not have the time or inclination ATM, so hopefully a 1min chart will suffice for now.

Potential bounce to 14450 has just failed. We drop further from here at 14232 to 140, 139, and eventually 13520.

Holding Short positions.

G/L
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  • #201,092
  • Oct 1, 2009 10:17pm Oct 1, 2009 10:17pm
Quoting TheFutureAce
u mean eurgpy? thanks for the answer?
Mate, EURUSD. Take a look at Weekly Time Frame. Bearish Shooting Star (We need to wait weekly candle close). It is Major Reversal Pattern.
  • #201,093
  • Oct 1, 2009 10:22pm Oct 1, 2009 10:22pm
youre wrong its about the fundamentals.
forget the charts
United Kingdom has the strongest economy in the world.
  • #201,094
  • Oct 1, 2009 10:30pm Oct 1, 2009 10:30pm
the nationwide HPI reading in a few hous will cause a brief sharp rally in gbp, as it will come in at 1.2%, whereas expected 0.8%. uptrend will however continue slowly for at least 2 days as equities recover

target 144.40
  • #201,095
  • Oct 1, 2009 10:34pm Oct 1, 2009 10:34pm
Do you have any lotto numbers you'd like to give us too?

Quoting RonPaul2008
the nationwide HPI reading in a few hous will cause a brief sharp rally in gbp, as it will come in at 1.2%, whereas expected 0.8%. uptrend will however continue slowly for at least 2 days as equities recover

target 144.40
  • #201,096
  • Oct 1, 2009 10:39pm Oct 1, 2009 10:39pm
Quoting RonPaul2008
the nationwide HPI reading in a few hous will cause a brief sharp rally in gbp, as it will come in at 1.2%, whereas expected 0.8%. uptrend will however continue slowly for at least 2 days as equities recover

target 144.40
Good Luck
  • #201,097
  • Oct 1, 2009 10:41pm Oct 1, 2009 10:41pm
Quoting RonPaul2008
youre wrong its about the fundamentals.
forget the charts
United Kingdom has the strongest economy in the world.
G'day,

Well put mate! Truly that post has me grinning For a split second I thought you were serious until i saw a target called out Good Show


TK
  • #201,098
  • Oct 1, 2009 10:42pm Oct 1, 2009 10:42pm
Quoting OrionsWay
shake rattle and roll baby
Orion, can u tell me the reason for your GJ bullish logic, saw it stated in ur signature. Just wondering and hope u don't mind to explain to me.
  • #201,099
  • Oct 1, 2009 10:43pm Oct 1, 2009 10:43pm
Quoting RonPaul2008
youre wrong its about the fundamentals.
forget the charts
United Kingdom has the strongest economy in the world.
thats a mighty bold statement. Care to back it up?
  • #201,100
  • Oct 1, 2009 10:59pm Oct 1, 2009 10:59pm
Quoting RonPaul2008
the nationwide HPI reading in a few hous will cause a brief sharp rally in gbp, as it will come in at 1.2%, whereas expected 0.8%. uptrend will however continue slowly for at least 2 days as equities recover

target 144.40
news is just reporting numbers about events that have already happened. those who aren't aware of something will be made aware, but the result has already been priced into the market. you're looking at a quick whipsaw at best. look at your geppy daily chart, she's rolling over. now check GBP/USD 4hr - cable is like a thermometer, it's easy to read.
peace and love
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