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

  • #205,741
  • Oct 25, 2009 8:01pm Oct 25, 2009 8:01pm
malc ej please .. I'am currently short on it ....
  • #205,742
  • Oct 25, 2009 8:13pm Oct 25, 2009 8:13pm
Quoting honeybhi
malc ej please .. I'am currently short on it ....
trade what you see and stick with it.
  • #205,743
  • Oct 25, 2009 8:17pm Oct 25, 2009 8:17pm
Quit adding to your post count & actually post what you think, or are you too afraid to be wrong?
  • #205,744
  • Oct 25, 2009 9:06pm Oct 25, 2009 9:06pm
this is what i think. gj goes to test 150 and be looking to scalp it short. Got nice mml's there, also got fibs. Market profiling also shows this as a good level to trade of.

Then also weakness in weekly charts, gu and gj.

But to be honest its a bit choppy and sideways. So i mght just sleep and wait for 3 hours before london.

See what happens.

peace
  • #205,745
  • Oct 25, 2009 9:44pm Oct 25, 2009 9:44pm
if this ship don't stop 147.50 may be the target . . .
"Don't trade to trade . . . trade to win." - James16
  • #205,746
  • Oct 25, 2009 10:06pm Oct 25, 2009 10:06pm
keep it on bebeh
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  • #205,747
  • Oct 25, 2009 10:07pm Oct 25, 2009 10:07pm
good morning everyone.
following the price action as soon as the H1 bar closed this morning.
with no big news, but Euro's GfK German Consumer Climate at 3pm my time, i hope the price action will continue south.
basing on the H4 chart, [email protected], S2 @ 147.87. S3 @ 145.75.
First Kumo resistance expected @ 146.80 -147.00.

SL @ 150.23 just above the M5's Flat Bottom Kumo, and lowering.
Also above the weekly pivot line, 150.16.
TP1 @ R1, TP2 @ R2.
2 more positions, no TP, for now.

the H4 upward move is still valid. i'll be very careful with my SL.

http://img40.imageshack.us/img40/969...00tp214790.gif
  • #205,748
  • Oct 25, 2009 11:09pm Oct 25, 2009 11:09pm
We might see that 145-146 area before going uptrend again. It has to retrace last weeks spike in order to continue its journey up north!

Good luck all
  • #205,749
  • Oct 25, 2009 11:18pm Oct 25, 2009 11:18pm
Quoting grashid
yellow dotted line will be my observation next week...in order to push higher or lower...

so i will carefully observed 149.50-151.50...as we may seen GU in bearish but GY in bullish which may mess our head next week...

H4 clearly show some reversal for bull test to 151.50 but daily gave us some sign of absolute strong bear continue next week where already close below at my green dotted line...

Possible 151.50 is the retracement area for bear....so am better away from this pair until I see how Monday close for better/clear sign of movement...
http://www.forexfactory.com/showpost...stcount=205527

http://www.forexfactory.com/showpost...stcount=205473

...adding short ...not now...see all of u in london...

Cheers....
  • #205,750
  • Oct 26, 2009 1:06am Oct 26, 2009 1:06am
am done for GY this month...still left 2 more in GU...
as i mentioned b4..we may get mess in GY this week..

So better becarefull on this pair and will be good to keep focus in GU...

Good luck and see all of u in GY next month

chow...
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  • #205,751
  • Oct 26, 2009 2:25am Oct 26, 2009 2:25am
If the trendline Channel Hold and we have a lower low to 149.10 downtrend still alive as i am seeing here..I can be wrong only sharing my view.
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MY OPINION NOT FINANCIAL ADVISE
  • #205,752
  • Oct 26, 2009 2:37am Oct 26, 2009 2:37am
Quoting pete148
this is what i think. gj goes to test 150 and be looking to scalp it short. Got nice mml's there, also got fibs. Market profiling also shows this as a good level to trade of.

Then also weakness in weekly charts, gu and gj.

But to be honest its a bit choppy and sideways. So i mght just sleep and wait for 3 hours before london.

See what happens.

peace
Okay it hit 150. Now what
  • #205,753
  • Oct 26, 2009 2:44am Oct 26, 2009 2:44am
Quoting pete148
Okay it hit 150. Now what

then it will going south down to 148.35
  • #205,754
  • Oct 26, 2009 2:51am Oct 26, 2009 2:51am
Quoting pete148
Okay it hit 150. Now what
..
the chart above could help that channel still hold on hourly chart so downtrend is still alive until it break
MY OPINION NOT FINANCIAL ADVISE
  • #205,755
  • Oct 26, 2009 2:51am Oct 26, 2009 2:51am
Buy yen - the Japanese are in the lead of the 10th annual australian global green challenge.

http://globalgreenchallenge.com.au/
TRADE FOR SWAP
  • #205,756
  • Oct 26, 2009 3:01am Oct 26, 2009 3:01am
Quoting donfriday
..
the chart above could help that channel still hold on hourly chart so downtrend is still alive until it break
Thanks Don, I just love it when a plan comes together. Sitting on be now at 84, didnt have the balls to get in at 150.

Aw well...
  • #205,757
  • Oct 26, 2009 3:26am Oct 26, 2009 3:26am
Quoting pete148
Thanks Don, I just love it when a plan comes together. Sitting on be now at 84, didnt have the balls to get in at 150.

Aw well...
Took some home there, small piece on be hit. Gots to get another short somewhere.
  • #205,758
  • Oct 26, 2009 4:02am Oct 26, 2009 4:02am
this is the first time i seen someone use that fib, do you use it often, or is it only design for certain scenarios.

Quoting donfriday
If the trendline Channel Hold and we have a lower low to 149.10 downtrend still alive as i am seeing here..I can be wrong only sharing my view.
  • #205,759
  • Edited 4:38am Oct 26, 2009 4:15am | Edited 4:38am
just took a new short on GU at 1.6305, nice pin bar at previous couple of highs. gonna put my stop a bit above those highs around 6335, has to make a new day high to take me out then.

first target 1.6245

well they are playing games. got out at BE
  • #205,760
  • Oct 26, 2009 4:19am Oct 26, 2009 4:19am
Quoting just_ha
this is the first time i seen someone use that fib, do you use it often, or is it only design for certain scenarios.
i use it often on my end but not always post my chart with it cus when i get the levels i want i remove it on my chart...it's nice..
MY OPINION NOT FINANCIAL ADVISE
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