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

  • #212,761
  • Jan 22, 2010 8:36am Jan 22, 2010 8:36am
What's up?


Quoting Gucc
RGITT are you here ?
[
  • #212,762
  • Jan 22, 2010 8:40am Jan 22, 2010 8:40am
Quoting rgitt05
What's up?
Are you plant more boom for us easy to walk?
  • #212,763
  • Jan 22, 2010 8:40am Jan 22, 2010 8:40am
Quoting Raza
Here is one Possibility....

Again after 5 waves there is ABC correction...Not another 5 waves..

128.00 is Good to Go long and Forget about it...if that breaks..possible Double Bottom or 1.00...
impulse wave can't be choppy and triangles are usual for corrections
that leads us to assume that GJ is on large wave 4 now and it is reasoble to expect spike to accomplish it before the final 5th wave down JMHO
  • #212,764
  • Jan 22, 2010 8:45am Jan 22, 2010 8:45am
Market testing the resistance at moment..

Kaboom is coming...

Patience..

Only short trades..




Quoting special0nefx
Are you plant more boom for us easy to walk?
Attached Image
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  • #212,765
  • Jan 22, 2010 8:45am Jan 22, 2010 8:45am
Quoting metlife777
impulse wave can't be choppy and triangles are usual for corrections
that leads us to assume that GJ is on large wave 4 now and it is reasoble to expect spike to accomplish it before the final 5th wave down JMHO
also by law of alteration we know that if the second wave was sharp (as it was actually) then the 4th wave should be choppy and complex by formation
  • #212,766
  • Jan 22, 2010 8:46am Jan 22, 2010 8:46am
4 hr seems like its turning into a Bullish Harami pattern..Can some one verify...Jhon...if you could please look at it..

I am usually confused about this Harami..

All I know is a large Candle Followed by a small Baby candle within the body of prior Candle...

1HR has a pretty long inverted HAMMER..atm..
Markets are not Random, they are designed!
  • #212,767
  • Jan 22, 2010 8:47am Jan 22, 2010 8:47am
Watch for the spikes up..

It's a bull trap..bias is all bearish on higher TF's



Quoting metlife777
impulse wave can't be choppy and triangles are usual for corrections
that leads us to assume that GJ is on large wave 4 now and it is reasoble to expect spike to accomplish it before the final 5th wave down JMHO
Attached Image
[
  • #212,768
  • Jan 22, 2010 8:47am Jan 22, 2010 8:47am
Quoting rgitt05
What's up?

what is youre view after we bounce from 142/143.. ?
  • #212,769
  • Jan 22, 2010 8:49am Jan 22, 2010 8:49am
why do people always try to fight the trend.. its a painful thing to do..
Im a zombie.. "Rawr"
  • #212,770
  • Jan 22, 2010 8:49am Jan 22, 2010 8:49am
Quoting quecee5
Wouldn't count on that. . .

Queecee.. why do you say,after we bounce from 142 ,it will reverse to 156,and higher..

would you mind sharing your graphical view on this pls..
  • #212,771
  • Jan 22, 2010 8:50am Jan 22, 2010 8:50am
Quoting metlife777
also by law of alteration we know that if the second wave was sharp (as it was actually) then the 4th wave should be choppy and complex by formation
YES...TRUE...

Guess we will find out end of this Year..or by summer
Markets are not Random, they are designed!
  • #212,772
  • Jan 22, 2010 8:52am Jan 22, 2010 8:52am
Same as quecee5 but to the 153 resistance zone first.



Quoting Gucc
what is youre view after we bounce from 142/143.. ?
Attached Image (click to enlarge)
Click to Enlarge Name: daily gj.gif Size: 43 KB
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  • #212,773
  • Jan 22, 2010 8:52am Jan 22, 2010 8:52am
Quoting rgitt05
Watch for the spikes up..

It's a bull trap..bias is all bearish on higher TF's

geppy still is within the boundaries of triangle (148.5-142.5)
  • #212,774
  • Jan 22, 2010 8:59am Jan 22, 2010 8:59am
Quoting metlife777
geppy still is within the boundaries of triangle (148.5-142.5)
if u look on weekly RSI, u will find that geppy is on the way up but first daily should accomplish move down
  • #212,775
  • Jan 22, 2010 9:00am Jan 22, 2010 9:00am
Attached Image
MY OPINION NOT FINANCIAL ADVISE
  • #212,776
  • Jan 22, 2010 9:03am Jan 22, 2010 9:03am
146.20 is another price for sell again, may today, may monday
Making money not by predicting just by following ...
  • #212,777
  • Jan 22, 2010 9:05am Jan 22, 2010 9:05am
No more way up now..

Kaboom is coming soon..



Quoting donfriday
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  • #212,778
  • Edited 10:03am Jan 22, 2010 9:15am | Edited 10:03am
Quoting Gucc
Queecee.. why do you say,after we bounce from 142 ,it will reverse to 156,and higher..

would you mind sharing your graphical view on this pls..
Gucc,

Take a look at the weekly and monthly chart. . .
The overall "long-term" trend is up and supports lies at the confluence of the weekly and monthly gann. . .

But keep in mind price can spike down to major support before resuming the long-term trend. . .

Right now I see major support at 142 - if we get a weekly or monthly close below that then all bet are off. . .
  • #212,779
  • Jan 22, 2010 9:15am Jan 22, 2010 9:15am
Quoting rgitt05
No more way up now..

Kaboom is coming soon..
forget about 146.20 , kaboom boom
Making money not by predicting just by following ...
  • #212,780
  • Jan 22, 2010 9:19am Jan 22, 2010 9:19am
Quoting metlife777
also by law of alteration we know that if the second wave was sharp (as it was actually) then the 4th wave should be choppy and complex by formation
If this the 4th wave is correct for now...that can lead us wave 5 near 118 there already which is break or near wave3@118
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