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

  • #204,801
  • Oct 20, 2009 3:49pm Oct 20, 2009 3:49pm
Currently GU is forming a bull flag. However, it failed to break the UTL..
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  • #204,802
  • Oct 20, 2009 3:51pm Oct 20, 2009 3:51pm
Wrong chart..
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  • #204,803
  • Oct 20, 2009 3:57pm Oct 20, 2009 3:57pm
We do have a breakout on UJ, hopefully to see significant momentum bouncing off the F23.6..
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  • #204,804
  • Oct 20, 2009 4:05pm Oct 20, 2009 4:05pm
Currently I'm flat on GJ.. waiting for breakout pullback formation. Seems like we are still in the triangle, my bias is to the upside..
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  • #204,805
  • Oct 20, 2009 4:09pm Oct 20, 2009 4:09pm
Quoting A-speculator
Currently I'm flat on GJ.. waiting for breakout pullback formation. Seems like we are still in the triangle, my bias is to the upside..

range ..149 to 147.xx ....

enjoy ....

if ES brealk 1099 ... then maybe we get a break out of 149.xx... but so far everytime we go there ... there is no volume
Blogging daily now at www.volume.zone
  • #204,806
  • Oct 20, 2009 4:16pm Oct 20, 2009 4:16pm
For those who trades GCAD, here is the chart, as you can see we reached F50, let's see can we even break the resistance..
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  • #204,807
  • Oct 20, 2009 4:17pm Oct 20, 2009 4:17pm
Quoting malcolmb14
range ..149 to 147.xx ....

enjoy ....

if ES brealk 1099 ... then maybe we get a break out of 149.xx... but so far everytime we go there ... there is no volume
That is why i'm flat..
  • #204,808
  • Oct 20, 2009 4:43pm Oct 20, 2009 4:43pm
Quoting A-speculator
That is why i'm flat..
you could always get implants?
  • #204,809
  • Oct 20, 2009 4:45pm Oct 20, 2009 4:45pm
Quoting ewokuk
you could always get implants?
  • #204,810
  • Oct 20, 2009 4:49pm Oct 20, 2009 4:49pm
Quoting ewokuk
you could always get implants?
  • #204,811
  • Oct 20, 2009 4:56pm Oct 20, 2009 4:56pm
Until we see a daily close above the daily res level (55 ema) and 149.49 gj's chances of revisting revist wpp/mpp are getting greater and greater - probably will happen 2nite or 2morrow nite. . .

Stay patient and it appears selling into resistance maybe the best option. . . but hell trade your charts. . .

137.61 - 143.43 - 145.42 - 146.37 - 148.53 - 149.49 - 151.57 - 154.51
  • #204,812
  • Oct 20, 2009 5:00pm Oct 20, 2009 5:00pm
Quoting quecee5
Until we see a daily close above the daily res level (55 ema) and 149.49 gj's chances of revisting revist wpp/mpp are getting greater and greater - probably will happen 2nite or 2morrow nite. . .

Stay patient and it appears selling into resistance maybe the best option. . . but hell trade your charts. . .

137.61 - 143.43 - 145.42 - 146.37 - 148.53 - 149.49 - 151.57 - 154.51

due around the 25th, prolly 3rd set in there above in post
"Millionaires don't use astrology, billionaires do"
  • #204,813
  • Oct 20, 2009 6:54pm Oct 20, 2009 6:54pm
Now I am selling from 148.88

Maybe a bad idea, but it has been my plan for a while. Stick to plan I say.

Que

Quoting Que
H1 Pin forming right off a PPZ around the 148.10 mark. I think its coming back to 148.88.

I am not confident of that, thus no trade here. Just what it looks like.

Que
Que
  • #204,814
  • Oct 20, 2009 6:58pm Oct 20, 2009 6:58pm
What is wpp/mpp?


Quoting quecee5
Until we see a daily close above the daily res level (55 ema) and 149.49 gj's chances of revisting revist wpp/mpp are getting greater and greater - probably will happen 2nite or 2morrow nite. . .

Stay patient and it appears selling into resistance maybe the best option. . . but hell trade your charts. . .

137.61 - 143.43 - 145.42 - 146.37 - 148.53 - 149.49 - 151.57 - 154.51
  • #204,815
  • Oct 20, 2009 7:09pm Oct 20, 2009 7:09pm
Quoting Fusion
What is wpp/mpp?
Weekly and monthly pivots
There is no greater gift than to be a friend.
  • #204,816
  • Oct 20, 2009 7:22pm Oct 20, 2009 7:22pm
Quoting Que
Now I am selling from 148.88

Maybe a bad idea, but it has been my plan for a while. Stick to plan I say.

Que
Just make sure you control your SL bro.. I mean, just take extra precautions..

GL man..
  • #204,817
  • Oct 20, 2009 7:26pm Oct 20, 2009 7:26pm
Always...

1% trade with 60 pip stop on this one. I feel good about this, as it has bounced in this area a half dozen times.

Que

Quoting A-speculator
Just make sure you control your SL bro.. I mean, just take extra precautions..

GL man..
Que
  • #204,818
  • Oct 20, 2009 7:27pm Oct 20, 2009 7:27pm
Quoting Que
Always...

1% trade with 50 pip stop on this one. I feel good about this, as it has bounced in this area a half dozen times.

Que
But I think, this time it will give away, lead by UJ..
  • #204,819
  • Oct 20, 2009 7:50pm Oct 20, 2009 7:50pm
Yes, Any particular time it can give way. Even if it does, I have made 250+ pips trading off the 148.88 mark, no biggie to give some back if it does not work this time. 6 right, 1 wrong.... not bad for playing the same spot 7 times in a row heh.

Que

Quoting A-speculator
But I think, this time it will give away, lead by UJ..
Que
  • #204,820
  • Oct 20, 2009 7:53pm Oct 20, 2009 7:53pm
Quoting Que
Yes, Any particular time it can give way. Even if it does, I have made 250+ pips trading off the 148.88 mark, no biggie to give some back if it does not work this time. 6 right, 1 wrong.... not bad for playing the same spot 7 times in a row heh.

Que
Yeah.. anyway, that's the best place to bet on short.. minimal exposure if it does break..
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