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

  • #203,901
  • Oct 15, 2009 8:32pm Oct 15, 2009 8:32pm
Thanks Malcolm... if we can break the 50 SMA on the Daily then we are in for a nice upward ride.

Quoting malcolmb14
for day trading only taking longs , although has been some ok sells on 5 min
chart ...

I have a feeling we have not seen the end of this yet
  • #203,902
  • Oct 15, 2009 8:33pm Oct 15, 2009 8:33pm
Quoting Eulogy
exactly................. what happened back at 215
It shot to 250 ..
  • #203,903
  • Oct 15, 2009 8:51pm Oct 15, 2009 8:51pm
Quoting mktjong
It shot to 250 ..
the last time it was 215

BULL BULL BULL BULL BULL
OFF WE GO TO 300+
WEEEEEEEEEE......................WTF???!!!!!!

fail
  • #203,904
  • Oct 15, 2009 9:07pm Oct 15, 2009 9:07pm
Quoting donfriday
i am still looking but now no sell if u sell it's a trap trend is up for short term maybe..150 is my target..

How about 154.37 for TARGET...
Markets are not Random, they are designed!
  • #203,905
  • Oct 15, 2009 9:17pm Oct 15, 2009 9:17pm
Quoting Raza
How about 154.37 for TARGET...
145.313 is 38.2 fib...It is around the monthly pivot too...
  • #203,906
  • Oct 15, 2009 9:22pm Oct 15, 2009 9:22pm
Quoting Eulogy
the last time it was 215

BULL BULL BULL BULL BULL
OFF WE GO TO 300+
WEEEEEEEEEE......................WTF???!!!!!!

fail
That's just the way the cookie crumbles bro, people keep forgetting to look at their daily chart. While we were up the top with no confirmed double top people were running around like headless chooks.

All I tried to explain then was that it isn't a double top (only an ascending range channel) until we break out of 149-146 zone. Now we are just retesting that zone. Purple square indicate this sort of PA has occurred not so far in the past either so it is hardly unusual!

149.15 is the zone to watch for me. I certainly don't see anything to warrant being bullish unless the price can close a daily or two above that red line.
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  • #203,907
  • Oct 15, 2009 9:27pm Oct 15, 2009 9:27pm
Retest of broken Line
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Markets are not Random, they are designed!
  • #203,908
  • Oct 15, 2009 9:32pm Oct 15, 2009 9:32pm
Quoting Raza
Retest of broken Line

your fibs are upside down


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Blogging daily now at www.volume.zone
  • #203,909
  • Oct 15, 2009 9:39pm Oct 15, 2009 9:39pm
Quoting malcolmb14
your fibs are upside down


Attachment
.. Same Values. 23.6= 76.4
Markets are not Random, they are designed!
  • #203,910
  • Oct 15, 2009 9:39pm Oct 15, 2009 9:39pm
Alright guys, Here is my prediction (the red line), if you follow this you will make millions, if this does not occur then I'll commit suicide by hanging my self at 7 am. on wall st. and have a sign on my back saying "once again the fool who thought he knew where the market was going"
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  • #203,911
  • Oct 15, 2009 9:44pm Oct 15, 2009 9:44pm
Quoting Robot
Alright guys, Here is my prediction (the red line), if you follow this you will make millions, if this does not occur then I'll commit suicide by hanging my self at 7 am. on wall st. and have a sign on my back saying "once again the fool who thought he knew where the market was going"
No need to Hang your self...there are less Painful.. ways to commit a cowardly ACT...

157 can happen...but let it go to 150 first...
Markets are not Random, they are designed!
  • #203,912
  • Oct 15, 2009 9:49pm Oct 15, 2009 9:49pm
Quoting Raza
No need to Hang your self...there are less Painful.. ways to commit a cowardly ACT...

157 can happen...but let it go to 150 first...

be ready for the unexpected also ..... complete 180 .....do not close your mind off to that chance .. .worst thing one can do
Blogging daily now at www.volume.zone
  • #203,913
  • Oct 15, 2009 9:52pm Oct 15, 2009 9:52pm
Quoting Robot
Alright guys, Here is my prediction (the red line), if you follow this you will make millions, if this does not occur then I'll commit suicide by hanging my self at 7 am. on wall st. and have a sign on my back saying "once again the fool who thought he knew where the market was going"

wow strong words....why so confident?
  • #203,914
  • Oct 15, 2009 9:54pm Oct 15, 2009 9:54pm
Quoting TheFutureAce
wow strong words....why so confident?
Because life is much simpler than you could of imagined.
  • #203,915
  • Edited 10:13pm Oct 15, 2009 10:00pm | Edited 10:13pm
Quoting malcolmb14
be ready for the unexpected also ..... complete 180 .....do not close your mind off to that chance .. .worst thing one can do
U TURN?... DID you mean 180...back to 163...IF SO... I like that...

Todays Daily Candle will give us a CLUE.. what to expect rest of this Year...IMO..

If it becomes a Doji or a Star of some sort..than more down side...else UP..UP..
Markets are not Random, they are designed!
  • #203,916
  • Oct 15, 2009 10:24pm Oct 15, 2009 10:24pm
Quoting Raza
How about 154.37 for TARGET...

step by step i know what u mean in those levels but 148 is a strong resistance if it give way another 500pips up is possible then..
MY OPINION NOT FINANCIAL ADVISE
  • #203,917
  • Oct 15, 2009 10:29pm Oct 15, 2009 10:29pm
Quoting Raza
U TURN?... DID you mean 180...back to 163...IF SO... I like that...

Todays Daily Candle will give us a CLUE.. what to expect rest of this Year...IMO..

If it becomes a Doji or a Star of some sort..than more down side...else UP..UP..


daily looks to bullish if you know what i mean

things that look out of place often are.

I am still buying dips for 50 to 100 a time for now

gu hit a bunch of sellers at 1.6400
Blogging daily now at www.volume.zone
  • #203,918
  • Oct 15, 2009 10:34pm Oct 15, 2009 10:34pm
148.00 seems to be a strog resistance for now.....if not we might go back 147.50....and going back to 143.00 and the bears would be back.....here's is my chart and cooments please for any mistake i have made from the chart......or missed something...

http://i683.photobucket.com/albums/v...Triangle01.jpg
  • #203,919
  • Oct 15, 2009 10:36pm Oct 15, 2009 10:36pm
Gu just went down 70 pips, thought it was a bull flag, so decided to wait.. should have jumped in oh well.

Quoting malcolmb14
daily looks to bullish if you know what i mean

things that look out of place often are.

I am still buying dips for 50 to 100 a time for now

gu hit a bunch of sellers at 1.6400
  • #203,920
  • Oct 15, 2009 10:38pm Oct 15, 2009 10:38pm
wish i could read the volume (supply & demand) like malc do........may i know how do you that.....???
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