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

  • #207,161
  • Nov 8, 2009 10:12pm Nov 8, 2009 10:12pm
Quoting younes55
this week we`ll see 145. don't doubt.

really ? can you please explain why ?
Blogging daily now at www.volume.zone
  • #207,162
  • Nov 8, 2009 10:20pm Nov 8, 2009 10:20pm
Hmmmm. 3rd touch usually the strongest...lets see.
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Going to make it big by age 21.
  • #207,163
  • Nov 8, 2009 10:25pm Nov 8, 2009 10:25pm
Anyone have access to Yen Index?
Going to make it big by age 21.
  • #207,164
  • Nov 8, 2009 10:28pm Nov 8, 2009 10:28pm
Quoting dstryr
Anyone have access to Yen Index?
Yes, it's slightly bullish. What else do u want to see?
  • #207,165
  • Nov 8, 2009 10:29pm Nov 8, 2009 10:29pm
Quoting mktjong
Yes, it's slightly bullish. What else do want to see?
Got a chart? what mt4 demo has it? Looking like everyone pull price up to get a better selling position.
Going to make it big by age 21.
  • #207,166
  • Nov 8, 2009 10:34pm Nov 8, 2009 10:34pm
Quoting dstryr
Got a chart? what mt4 demo has it? Looking like everyone pull price up to get a better selling position.
Sorry, no MT4 chart. It's more like a proprietary commercial chart.
  • #207,167
  • Nov 8, 2009 10:53pm Nov 8, 2009 10:53pm
Quoting malcolmb14
really ? can you please explain why ?
YES, Cable is BREAKING Daily Inverse H/S...

Im looking for possible targets at 1.7580

cheers!
  • #207,168
  • Nov 8, 2009 10:58pm Nov 8, 2009 10:58pm
Quoting Piters
YES, Cable is BREAKING Daily Inverse H/S...

Im looking for possible targets at 1.7580

cheers!
The dollar index is super bearish atm ...
  • #207,169
  • Nov 8, 2009 10:59pm Nov 8, 2009 10:59pm
Quoting Piters
YES, Cable is BREAKING Daily Inverse H/S...

Im looking for possible targets at 1.7580

cheers!
oh makes perfect sense for gj 145 ...rofl
Blogging daily now at www.volume.zone
  • #207,170
  • Nov 8, 2009 11:00pm Nov 8, 2009 11:00pm
Quoting mktjong
The dollar index is super bearish atm ...
dx .. look when all volume is .... mostly US session

do not over think things

just trade the charts
Blogging daily now at www.volume.zone
  • #207,171
  • Nov 8, 2009 11:02pm Nov 8, 2009 11:02pm
Quoting mktjong
The dollar index is super bearish atm ...
YES, with GOLD at 1105 today, Cable is UP.. Gold UP.. to much for an ASIAN session... let see if 151.00 on GY holds, or NOT..
if breaks, we could see a much higher levels.. based on momentum we are seeing.. in ASIA..
  • #207,172
  • Nov 8, 2009 11:15pm Nov 8, 2009 11:15pm
Quoting malcolmb14
oh makes perfect sense for gj 145 ...rofl
ooo yeah..

The KAboooom scenario.. a hidden one..
  • #207,173
  • Nov 9, 2009 12:03am Nov 9, 2009 12:03am
GJ looks to me like its starting to sell of. It just looks like distribution to me. So for now ill just watch it play out. But liking shorts more then longs atm.
  • #207,174
  • Nov 9, 2009 12:05am Nov 9, 2009 12:05am
Quoting pete148
GJ looks to me like its starting to sell of. It just looks like distribution to me. So for now ill just watch it play out. But liking shorts more then longs atm.
Yes pete, as I posted.. 151.0 Holds so far,.. and any rejecton or close a hourly below 150.50 will send GY to retest the DPP 149.5
  • #207,175
  • Nov 9, 2009 12:05am Nov 9, 2009 12:05am
Quoting Piters
YES, Cable is BREAKING Daily Inverse H/S...

Im looking for possible targets at 1.7580

cheers!
Don't know if you're serious, but this gbpusd weekly chart suggests a lot of up in store for cable, possible targets highlighted.
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  • #207,176
  • Edited 12:39am Nov 9, 2009 12:22am | Edited 12:39am
Quoting GodfreyH
Don't know if you're serious, but this gbpusd weekly chart suggests a lot of up in store for cable, possible targets highlighted.
I agree my friend.. actually, we've been in GU RAnge for a loong period.. As we are now approaching the Tops, with possible indication that we already made a BREAKOUT.

Have a look my 2 charts..

1. is daily with inverse H/S, a typical continuation pattern.. If we get a confirmation, that we are already above that NL , then the targets are clear, we are going to spike UP those PIPS in NO time..

2. is my weekly, again.. same projection, even Higher.. Im just looking at my charts.. If Im not following NEWS or any Forums.. I Would LONG this PAIR with no question...

3. HOWEVER, something is bothering me, and holding me down, as Im having some indication, that what we saw in ASIA today is "possible" a false breakout.. ON GOLD, GY, GU.. alll together.. but I'm preparing some other charts. to back my worries..

[Chart]
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  • #207,177
  • Nov 9, 2009 12:28am Nov 9, 2009 12:28am
i refuse to believe that after the bad news on Friday and early selloff, that some late buying which is continued by asia, changes the bearish scenario for me.
So i look for signs that this area is a short ...

But hey ... anything can happen...
  • #207,178
  • Nov 9, 2009 12:30am Nov 9, 2009 12:30am
Quoting Piters
3. HOWEVER, something is bothering me, and holding me down, as Im having some indication, that what we saw in ASIA today is "possible" a false breakout.. ON GOLD, GY, GU.. alll together.. but I'm preparing some other charts. to back my worries..

[Chart]
Agreed - as said above - and whats the percentage of breakouts that are actually false ... something like 80% ??
  • #207,179
  • Nov 9, 2009 12:36am Nov 9, 2009 12:36am
Quoting Piters
Yes pete, as I posted.. 151.0 Holds so far,.. and any rejecton or close a hourly below 150.50 will send GY to retest the DPP 149.5
Yeah that sounds about spot on. mhh now to see if i can hold it ill 150. then 149.50 lol
  • #207,180
  • Nov 9, 2009 12:37am Nov 9, 2009 12:37am
Malcomb- thanks for that in-depth analysis-

It is like reading a book or music or some foreign language for sure-
Identifying signal candles is starting to show me the way to 'clear the veil' and the match-up with volume makes sense- a lot of cents I hope

-Still struggling with patience and money management issues but as I get more trust in my reading of the market I am sure those other things will fall into place nicely-

Thanks again
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