ABC
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Auslanco - GBP/JPY and GBP/USD (newstrade)
- #212,682
- Jan 22, 2010 5:50am Jan 22, 2010 5:50am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
After your 5 waves...there can only be Correction ABC..not 5 waves.. The most i can see is 147.80
- #212,683
- Jan 22, 2010 5:54am Jan 22, 2010 5:54am
- | Joined Sep 2009 | Status: Freshman Fledgling Neophyte | 1,663 Posts
Thanks for sharing and details. 
i stick to short
i stick to shortGJ's chart looks quite clear to me. . .
We will see a test of weekly gann sooner rather than later as stated earlier this week. . .
The daily bearish chart has been activated and further down side will be seen into next week. I see a test of 143.50 and a possible a spike to 142.50 before we see a nice bounce up to 156 and yes I said 156 1st stop. . .
Best way to trade is to look for set-up and try to anticipate the move before hit happens. . . 11 days of consolidation and a drop on the 12th day priceless!
[b]Simple...
- #212,684
- Jan 22, 2010 5:59am Jan 22, 2010 5:59am
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
I don't see any higher than daily 55 ema. . .
Markets are not Random, they are designed!
- #212,685
- Jan 22, 2010 6:03am Jan 22, 2010 6:03am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
Possible...Iwas saying Max or retest of the Broken 4 hr LTL...if they are in a rush they might not Care about our emas and ltls.....lol
anyway point well taken. . . 147.20 now resistance bro. . . and a daily close below 146.20/30 then it will becomes resistance as well. . . break of 145.40/50 and we see a clear path to 142.70/50. . . with pit stops at 144 and 143.50
Lets see how it plays. . .
- #212,686
- Jan 22, 2010 6:06am Jan 22, 2010 6:06am
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!
- #212,688
- Jan 22, 2010 6:11am Jan 22, 2010 6:11am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
Dont sell the Bottom...this is a Possibility..
Here is a possibility as well. . . down in that area is weekly and monthly support. . .
"Think We Might Test It?????" 
- #212,689
- Jan 22, 2010 6:17am Jan 22, 2010 6:17am
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!
- #212,690
- Jan 22, 2010 6:22am Jan 22, 2010 6:22am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
144.87 is where I am buying..if there... No stop loss...PA will tell...
Cant Miss this Boat...seems very Yummy...
= No stop loss. . .Just like that guy who's buying at 146.10. . .
I'll join you in yr buying but just a bit lower. . .
- #212,691
- Jan 22, 2010 6:27am Jan 22, 2010 6:27am
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Just like that guy who's buying at 146.10. . .
Markets are not Random, they are designed!
- #212,694
- Jan 22, 2010 6:33am Jan 22, 2010 6:33am
GJ's chart looks quite clear to me. . .
We will see a test of weekly gann sooner rather than later as stated earlier this week. . .
The daily bearish chart has been activated and further down side will be seen into next week. I see a test of 143.50 and a possible a spike to 142.50 before we see a nice bounce up to 156 and yes I said 156 1st stop. . .
Best way to trade is to look for set-up and try to anticipate the move before hit happens. . . 11 days of consolidation and a drop on the 12th day [b]priceless!
Simple daily...
Hii everybody and Q.I'am new here and new to forex .I have been reading this forum for a while .Q on what basis is the 156 target why not weekly 55ema which is around 153 area ?
Thanks.
- #212,695
- Jan 22, 2010 6:34am Jan 22, 2010 6:34am
- Joined Apr 2008 | Status: Trader | 7,674 Posts
I bought EUR/JPY at 127, and think GBP/JPY a good buy at 140.
Don't know.
Don't know.
- #212,696
- Jan 22, 2010 6:35am Jan 22, 2010 6:35am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
145 is my reliable target
Guess we will see how reliable it is shortly. . .
The daily chart is "screaming" much much lower. . . but heh trade yr chart and what u see
The fact that we have had days of consolidation and we broke to the down side is telling me we have a clear break-out. . . and a test of support is forthcoming. . . I don't see support or buyers until we test weekly and monthly gann confluence. . .
- #212,698
- Jan 22, 2010 6:38am Jan 22, 2010 6:38am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
145.23--144.87 is where I am buying..if there... No stop loss...PA will tell...
Cant Miss this Boat...seems very Yummy...
[
- #212,699
- Jan 22, 2010 6:38am Jan 22, 2010 6:38am
- | Joined Sep 2009 | Status: Freshman Fledgling Neophyte | 1,663 Posts
Just like that guy who's buying at 146.10. . .
I'll join you in yr buying but just a bit lower. . .
- #212,700
- Jan 22, 2010 6:40am Jan 22, 2010 6:40am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
I bought EUR/JPY at 127, and think GBP/JPY a good buy at 140.
Don't know.
