First we need to see UJ break 88.00, break this bloody support yes ...kaboom. Technically weekly GJ still in bearish mode.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #202,721
- Oct 12, 2009 1:38am Oct 12, 2009 1:38am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
- #202,723
- Oct 12, 2009 1:42am Oct 12, 2009 1:42am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
My 4hr UJ shows a resistance at 90.30 resistance zone
First we need to see UJ break 88.00, break this bloody support yes ...kaboom. Technically weekly GJ still in bearish mode.
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- #202,724
- Oct 12, 2009 1:46am Oct 12, 2009 1:46am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #202,725
- Oct 12, 2009 1:48am Oct 12, 2009 1:48am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
It is over for GJ and GU
Look at my weekly GU chart
Waiting for the bearish signal on the zero lag
KABBBBBBBBBBBBBBBBBBBBBBBBBBBBBooooooooooooommmmmmm!!
Look at my weekly GU chart
Waiting for the bearish signal on the zero lag
KABBBBBBBBBBBBBBBBBBBBBBBBBBBBBooooooooooooommmmmmm!!rgitt and his kaboom ...
gj may just range .. who knows ..
for sure this week if gu breaks 1.5800 it will be easy to trade ...press sell button till she comes to 1.5000.
for me I think day trading is better ... asia waited for retrace gu according to plan .... 65 pip and off to bed.
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- #202,726
- Oct 12, 2009 1:52am Oct 12, 2009 1:52am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
It is over for GJ and GU
Look at my weekly GU chart
Waiting for the bearish signal on the zero lag
not unless something goes wrong with earnings season .....es seems to want 1200 / 1250
may not drop till next year
last time gu formed weekly top in nov 2007 took 8 months for it to really drop
in mean time trade the range and enjoy
Blogging daily now at www.volume.zone
- #202,727
- Oct 12, 2009 1:57am Oct 12, 2009 1:57am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
OK At least I warned younot unless something goes wrong with earnings season .....es seems to want 1200 / 1250
may not drop till next year
last time gu formed weekly top in nov 2007 took 8 months for it to really drop
in mean time trade the range and enjoy
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- #202,729
- Oct 12, 2009 2:06am Oct 12, 2009 2:06am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
not unless something goes wrong with earnings season .....es seems to want 1200 / 1250
may not drop till next year
last time gu formed weekly top in nov 2007 took 8 months for it to really drop
in mean time trade the range and enjoy
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- #202,730
- Oct 12, 2009 2:11am Oct 12, 2009 2:11am
- | Joined Oct 2008 | Status: Crocodile Trader | 1,127 Posts
Read the entire market, money is made on the main trend not the fluctuation
- #202,732
- Oct 12, 2009 2:14am Oct 12, 2009 2:14am
- Joined Jun 2006 | Status: Trend is not my friend | 1,492 Posts
- #202,733
- Oct 12, 2009 2:16am Oct 12, 2009 2:16am
- Joined Jun 2006 | Status: Trend is not my friend | 1,492 Posts
- #202,734
- Oct 12, 2009 2:19am Oct 12, 2009 2:19am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
At least 135.00 if the DPP breaks and GU playouts like malcolmb14 pointed out earlier..
rgitt what is your target?
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- #202,736
- Oct 12, 2009 2:19am Oct 12, 2009 2:19am
- | Joined Oct 2008 | Status: Crocodile Trader | 1,127 Posts
Read the entire market, money is made on the main trend not the fluctuation
- #202,740
- Oct 12, 2009 2:38am Oct 12, 2009 2:38am
- Joined Jan 2007 | Status: Trader | 3,719 Posts
i
am
long
am
long
Nihil Sine Deo.