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

  • #212,781
  • Jan 22, 2010 7:24am Jan 22, 2010 7:24am
15M TF, what we have
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Making money not by predicting just by following ...
  • #212,782
  • Jan 22, 2010 7:25am Jan 22, 2010 7:25am
anyone have idea how far Ucad may go?...mid term i mean.
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MY OPINION NOT FINANCIAL ADVISE
  • #212,783
  • Jan 22, 2010 7:26am Jan 22, 2010 7:26am
Quoting special0nefx
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
actually, if this is 4th wave then we might reasonably expect double bottom 118 at least
but keep in mind that there are very few cases when wave 5 failed to reach the double bottom
  • #212,784
  • Jan 22, 2010 7:31am Jan 22, 2010 7:31am
Another trap for sellers...and the last one till Monday...Big boys have gone Home..and I bet Volume must be very low...

Lets Go up now...Bought some more for 150 to 200 pips....

UKTRADER...I like your second Chart
Markets are not Random, they are designed!
  • #212,785
  • Jan 22, 2010 7:32am Jan 22, 2010 7:32am
Two EW charts I made. I am in no way an EW officianado, but they're interesting I think.

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Preparing myself for the flames.. lol
  • #212,786
  • Jan 22, 2010 7:34am Jan 22, 2010 7:34am
UJ and EJ went to their support @ 90 and 127 multiple times
one time in asia, london and us session
I can't see any high vol during the move down toward these support

Don't you think big boys want to load up ammos before shooting up ?
COT: The precious data ignored
  • #212,787
  • Jan 22, 2010 7:34am Jan 22, 2010 7:34am
Quoting donfriday
anyone have idea how far Ucad may go?...mid term i mean.
Should not it the other way around and go down? as far as I know this is trend continuation patternt and most likely it will go down?
  • #212,788
  • Jan 22, 2010 7:36am Jan 22, 2010 7:36am
Quoting metlife777
actually, if this is 4th wave then we might reasonably expect double bottom 118 at least
but keep in mind that there are very few cases when wave 5 failed to reach the double bottom
ya very few cases double bottom. Mostly will break the bottom to complete the wave. If this happen is the lowest ever compare to other years...Really scary
  • #212,789
  • Jan 22, 2010 7:39am Jan 22, 2010 7:39am
Quoting ukdaytrader
Two EW charts I made. I am in no way an EW officianado, but they're interesting I think.

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Preparing myself for the flames.. lol
2nd chart is buy already...It it finish now?
  • #212,790
  • Jan 22, 2010 7:41am Jan 22, 2010 7:41am
Quoting defariak
why do people always try to fight the trend.. its a painful thing to do..
they need to go under to see what the trend look like so na serious war to decide where trend will go.
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MY OPINION NOT FINANCIAL ADVISE
  • #212,791
  • Jan 22, 2010 7:41am Jan 22, 2010 7:41am
Quoting ukdaytrader
Two EW charts I made. I am in no way an EW officianado, but they're interesting I think.

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Preparing myself for the flames.. lol
if price will cross 167 then your second count (ABC) could be justified
  • #212,792
  • Jan 22, 2010 7:43am Jan 22, 2010 7:43am
lol! poor kid! haha
Im a zombie.. "Rawr"
  • #212,793
  • Jan 22, 2010 7:44am Jan 22, 2010 7:44am
Quoting gl4di4t0r
15M TF, what we have
Nice chart, looks possible but we need to break 145.45 first to go to 146.2?
  • #212,794
  • Jan 22, 2010 7:46am Jan 22, 2010 7:46am
Quoting hindart
Nice chart, looks possible but we need to break 145.45 first to go to 146.2?
break 145.60 maybe the retrace place.
  • #212,795
  • Jan 22, 2010 7:47am Jan 22, 2010 7:47am
Quoting special0nefx
ya very few cases double bottom. Mostly will break the bottom to complete the wave. If this happen is the lowest ever compare to other years...Really scary
that should a huge case for super mighty USD
  • #212,796
  • Jan 22, 2010 8:06am Jan 22, 2010 8:06am
strong pull up .
  • #212,797
  • Jan 22, 2010 8:31am Jan 22, 2010 8:31am
I guess the market fake me out also, 146.20-40 here we come..

Then kaboom!!



Quoting gl4di4t0r
forget about 146.20 , kaboom boom
[
  • #212,798
  • Jan 22, 2010 8:31am Jan 22, 2010 8:31am
What a stong buy to 145.60 break
  • #212,799
  • Jan 22, 2010 8:32am Jan 22, 2010 8:32am
Quoting rgitt05
I guess the market fake me out also, 146.20-40 here we come..

Then kaboom!!

Heavy storm coming rgitt...have umbrella?
  • #212,800
  • Jan 22, 2010 8:37am Jan 22, 2010 8:37am
Quoting ukdaytrader
Two EW charts I made. I am in no way an EW officianado, but they're interesting I think.

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Preparing myself for the flames.. lol
Just scare of 2nd chart is the possible
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