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

  • #206,741
  • Nov 3, 2009 3:17pm Nov 3, 2009 3:17pm
Quoting mktjong
Looks like a sell at 148.50 area .. is it ???
But the chart still bullish
  • #206,742
  • Nov 3, 2009 3:43pm Nov 3, 2009 3:43pm
Quoting mktjong
But the chart still bullish
It is still bullshit
  • #206,743
  • Edited 3:49pm Nov 3, 2009 3:47pm | Edited 3:49pm
BOOM, BOOM, KABOOM!
Attached Image
  • #206,744
  • Nov 3, 2009 3:54pm Nov 3, 2009 3:54pm
Quoting naatha
BOOM, BOOM, KABOOM!
you have an automatic mirror on your computer or something? Why is every one of your pictures back to front, and now additionally, upside down as well????
  • #206,745
  • Nov 3, 2009 4:12pm Nov 3, 2009 4:12pm
Quoting Eulogy
you have an automatic mirror on your computer or something? Why is every one of your pictures back to front, and now additionally, upside down as well????
I think he solved the problem on how price should be going. Now, if you have a bias, let's say a DT, and price keep moving up.. what you should do? Just turn your monitor upside down or have the computer turn the image upside down and wallaa.. you have a kaboom.. See.. how simple..
  • #206,746
  • Nov 3, 2009 4:20pm Nov 3, 2009 4:20pm
Quoting A-speculator
I think he solved the problem on how price should be going. Now, if you have a bias, let's say a DT, and price keep moving up.. what you should do? Just turn your monitor upside down or have the computer turn the image upside down and wallaa.. you have a kaboom.. See.. how simple..
still doesn't explain why his charts are back to front though
  • #206,747
  • Nov 3, 2009 4:27pm Nov 3, 2009 4:27pm
This should help..



Quoting Eulogy
still doesn't explain why his charts are back to front though
Attached Image
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  • #206,748
  • Nov 3, 2009 4:28pm Nov 3, 2009 4:28pm
Quoting Eulogy
still doesn't explain why his charts are back to front though
well, that's is the da' vincci style of trading..

Just kidding bro.. waiting for my GCAD short order to get filled..
  • #206,749
  • Nov 3, 2009 4:31pm Nov 3, 2009 4:31pm
daily possible pin setting up for break out of 149 tomorrow , seems sellers off bottom of candle this morning.

We are however still under resistance level on daily charts ... really odd .

Tomorrow is news heavy day in the US session and hopefully will give some better overall direction to the market
Blogging daily now at www.volume.zone
  • #206,750
  • Nov 3, 2009 5:51pm Nov 3, 2009 5:51pm
Quoting malcolmb14
daily possible pin setting up for break out of 149 tomorrow , seems sellers off bottom of candle this morning.

We are however still under resistance level on daily charts ... really odd .

Tomorrow is news heavy day in the US session and hopefully will give some better overall direction to the market
Long from 148.42, standard 20 pip SL. It doesn't want to go up, but it will
  • #206,751
  • Nov 3, 2009 5:52pm Nov 3, 2009 5:52pm
Looked like a lot of buying at 146.6 this morning and 4hr candle volumes look to have set a base for bullish run.

If we break Weekly Pivot at 149.2, there is scale for great upside. Bears however have a lot of wood to cut;

4hr Gann bullish.
4hr QQE looking like turning bullish.
4hr QQE near 50 line.
4hr 200 ema at 148.11.
DPP at 147.75.
MPP at 147.04.

Next target for upside is the 4hr 50ema at 148.80. Let's see what the next day has in store for us.
  • #206,752
  • Nov 3, 2009 6:24pm Nov 3, 2009 6:24pm
Selling pressure at .50-.60 though. Also very noticable declining volume during the climb up from 146.80
  • #206,753
  • Nov 3, 2009 6:26pm Nov 3, 2009 6:26pm
did you no see with me in the screenshot a H&S in 1H in GJ ( is traced in pic) ? what do you see
Attached Image (click to enlarge)
Click to Enlarge Name: des.gif Size: 13 KB
High risk High return!
  • #206,754
  • Nov 3, 2009 6:59pm Nov 3, 2009 6:59pm
I see a bear break now down past previous low...FE puts it 145.50

Once my Color HMA changes and QQE crosses...it's going down!

Finally I'm in the green on a trade today!
Attached Image (click to enlarge)
Click to Enlarge Name: Finally.jpg Size: 126 KB
  • #206,755
  • Nov 3, 2009 9:12pm Nov 3, 2009 9:12pm
GY is dancing in 21 daily MA since the open of this week.

As posted 6 hours ago: until a clear break of 149, bias is short, with 146.00 as potential target.

FX-SMS
  • #206,756
  • Nov 4, 2009 1:06am Nov 4, 2009 1:06am
bear sit behind the bull atm
  • #206,757
  • Nov 4, 2009 1:24am Nov 4, 2009 1:24am
Quoting Johor JCS
bear sit behind the bull atm


MPP and LTL become major support now.
  • #206,758
  • Nov 4, 2009 1:31am Nov 4, 2009 1:31am
please what is MPP and LTL ? can you giv the full name ?
High risk High return!
  • #206,759
  • Nov 4, 2009 1:32am Nov 4, 2009 1:32am
Quoting PandoraBox
MPP and LTL become major support now.


Now the sharp move down last Friday doesn't look quite so catastrophic does it.

Now at WPP. Break this and we test 151.5 before the end of the week.
  • #206,760
  • Nov 4, 2009 1:33am Nov 4, 2009 1:33am
Quoting simao
please what is MPP and LTL ? can you giv the full name ?
Monthly Pivot Point. MPP. WPP = Weekly. DPP = Daily etc.

LTL is Lower Trend Line.
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