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

  • #214,681
  • Feb 7, 2010 10:07pm Feb 7, 2010 10:07pm
Quoting feardox
More like 145 area first then the ultimate drop.
that's right, GJ wants to make sure you get the MAX # of pips, so it'll go up to 145 , wait to fill your HUGE sell order, then tumble down to 100, while you make "NO OTHER MENTION" that it's going to retrace. Cause you're already on the train
  • #214,682
  • Feb 7, 2010 10:13pm Feb 7, 2010 10:13pm
Quoting Clouds
weirdo
ROFL

In all seriousness though, i wouldn't mind a retrace back to circa 143-144 to reload some shorts (closed previous ones at 138.50) but the bounce here doesn't look at all strong and that 140 has become a barrier.
  • #214,683
  • Feb 7, 2010 10:18pm Feb 7, 2010 10:18pm
Quoting Eulogy
ROFL

In all seriousness though, i wouldn't mind a retrace back to circa 143-144 to reload some shorts (closed previous ones at 138.50) but the bounce here doesn't look at all strong and that 140 has become a barrier.
First time it closed below 140, so it's pretty clear it's out of range, as long as below that figure
  • #214,684
  • Feb 7, 2010 10:19pm Feb 7, 2010 10:19pm
Quoting donfriday
let have fun my boss...pls..this thread is getting out of hand so funny i cant stop laughing.....i am LMAO
  • #214,685
  • Feb 7, 2010 10:22pm Feb 7, 2010 10:22pm
Quoting Clouds
SELL SELL SELL! The end is near
Attachment
Dont jump to fast to the conclusion...

good luck
Attached Image
  • #214,686
  • Feb 7, 2010 10:27pm Feb 7, 2010 10:27pm
Quoting grashid
Dont jump to fast to the conclusion...

good luck
Support broken, and should be seen as resistance. Support/Resistance is going be there between the major TL's, but they'll break.
If you don't believe it's broke, I don't know what you are trading about. Is you're support 138.5 now?
  • #214,687
  • Feb 7, 2010 10:29pm Feb 7, 2010 10:29pm
Quoting Clouds
First time it closed below 140, so it's pretty clear it's out of range, as long as below that figure
yes ..but if we will drop weekly chart gave me the clue that 143.00 is possible so i had to run out with my 500pips from my short and long 139.20 sl 100 and first tp 141.30 and 2nd tp 143.00.
drop will come after the upward correction.
MY OPINION NOT FINANCIAL ADVISE
  • #214,688
  • Feb 7, 2010 10:30pm Feb 7, 2010 10:30pm
It's now perfectly clear to me where gy is going,
Just look at the chart and you'll know what direction to go.
Attached Image
New voice message: Why are you calling me? If I need you, I'll call you!
  • #214,689
  • Feb 7, 2010 10:32pm Feb 7, 2010 10:32pm
Quoting Clouds
Support broken, and should be seen as resistance. Support/Resistance is going be there between the major TL's, but they'll break.
If you don't believe it's broke, I don't know what you are trading about. Is you're support 138.5 now?
what 138.5 support broken you r talking about? I did not get you...

anyway i am not a god to know where the price will go....but am prefer to wait till london open to confirm my H4 n today close to decide my long setting from 138.61 hold or not from last friday as my long from 139.50 hit my Sl @ 139...let see what happen ya

cheers..
  • #214,690
  • Feb 7, 2010 10:33pm Feb 7, 2010 10:33pm
Quoting KillerWhale
It's now perfectly clear to me where gy is going,
Just look at the chart and you'll know what direction to go.

pls help me my head is falling...that chart is acc killer.
MY OPINION NOT FINANCIAL ADVISE
  • #214,691
  • Feb 7, 2010 10:34pm Feb 7, 2010 10:34pm
Quoting KillerWhale
It's now perfectly clear to me where gy is going,
Just look at the chart and you'll know what direction to go.
i dunno how to read your chart..too mess..sorry
  • #214,692
  • Feb 7, 2010 10:35pm Feb 7, 2010 10:35pm
Quoting KillerWhale
It's now perfectly clear to me where gy is going,
Just look at the chart and you'll know what direction to go.
I must say thats an amazing chart you got. 145 Here we come!
  • #214,693
  • Feb 7, 2010 10:35pm Feb 7, 2010 10:35pm
Quoting grashid
what 138.5 support broken you r talking about?

cheers..
139.5 was support, and broken. It dropped from 162 to 142, Before with no retrace. Now it can drop from 150 to 130 with no retrace. Just my opinion!
  • #214,694
  • Feb 7, 2010 10:37pm Feb 7, 2010 10:37pm
Quoting Clouds
139.5 was support, and broken. It dropped from 162 to 142, Before with no retrace. Now it can drop from 150 to 130 with no retrace. Just my opinion!
noted....
  • #214,695
  • Feb 7, 2010 10:39pm Feb 7, 2010 10:39pm
Quoting feardox
I must say thats an amazing chart you got. 145 Here we come!
u are on drog man...wtf is 145 got to do again ...what was last week high...ask urself daily range on GJ and what are the support and resistance ....anything above 143.50 gj will shoot 146.30
MY OPINION NOT FINANCIAL ADVISE
  • #214,696
  • Feb 7, 2010 10:42pm Feb 7, 2010 10:42pm
Quoting donfriday
u are on drog man...wtf is 145 got to do again ...what was last week high...ask urself daily range on GJ and what are the support and resistance ....anything above 143.50 gj will shoot 146.30
GBP/JPY Weekly Outlook

GBP/JPY dropped sharply to as low as 138.32 last week and the break of 132.26 support confirms that whole decline from 163.05 has resumed. Initial bias remains on the downside this week and further fall should be seen to 61.8% retracement of 118.81 to 163.05 at 135.70 next. On the upside, above 141.41 minor resistance will turn intraday bias neutral and bring consolidations. But upside should be limited below 145.26 resistance and bring another fall.

In the bigger picture, medium term rebound from 118.18, which is a correction to the long term down trend from 07 high of 251.90, has completed at 163.05 already. Decline from 163.05 is tentatively treated at resumption of the long term down trend from 2007 high of 251.09 and should target a new low below 118.81. On the upside, break of 150.68 resistance is needed to invalidate this view. Otherwise, outlook will remain bearish.

In the longer term picture, fall from 251.09 is treated as resumption of multi decade down trend. Note that the fall from 215.87 is not treated as the fifth wave, but the third wave inside the third wave that started at 241.35. On resumption, the down trend will extend to 61.8% projection of 215.87 to 118.81 from 163.05 at 103.03 next, which is close to 100 psychological support.
  • #214,697
  • Feb 7, 2010 10:42pm Feb 7, 2010 10:42pm


Quoting KillerWhale
It's now perfectly clear to me where gy is going,
Just look at the chart and you'll know what direction to go.
Attached Images
[
  • #214,698
  • Feb 7, 2010 10:44pm Feb 7, 2010 10:44pm
Quoting donfriday
pls help me my head is falling...that chart is acc killer.
Just a few 24 ounce cans of beer mixed with some good vodka will do the trick.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #214,699
  • Feb 7, 2010 10:47pm Feb 7, 2010 10:47pm
Quoting feardox
GBP/JPY Weekly Outlook

GBP/JPY dropped sharply to as low as 138.32 last week and the break of 132.26 support confirms that whole decline from 163.05 has resumed. Initial bias remains on the downside this week and further fall should be seen to 61.8% retracement of 118.81 to 163.05 at 135.70 next. On the upside, above 141.41 minor resistance will turn intraday bias neutral and bring consolidations. But upside should be limited below 145.26 resistance and bring another fall.

In the bigger picture, medium term rebound from 118.18, which...

you must be novice i guess listening to action forex or other online signal service.....this is simple.....last week high was 145.30 so tell me why gj will see that high if u can i will long with all my money....simple as this weekly gann flip and broke major LTL 143 so the last gj should go is 143.50 maybe cut all short into 144 but i will not be a fool to buy gj at 144....5sma weekly is the test for now and u will see madness of the queen..
Attached Image (click to enlarge)
Click to Enlarge Name: now11.png Size: 17 KB
MY OPINION NOT FINANCIAL ADVISE
  • #214,700
  • Feb 7, 2010 10:48pm Feb 7, 2010 10:48pm
Maybe this chart works better?
Attached Image (click to enlarge)
Click to Enlarge Name: gj 02-07 4h-2.gif Size: 31 KB
New voice message: Why are you calling me? If I need you, I'll call you!
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