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

  • #215,641
  • Edited 10:16pm Feb 15, 2010 9:03pm | Edited 10:16pm
Quoting Myrza
Maybe..it is not the case all the time.
Your move up can can start from the move down..vice versa.

http://www.fxstreet.com/technical/ma...010-02-16.html
  • #215,642
  • Edited 9:50pm Feb 15, 2010 9:37pm | Edited 9:50pm
Quoting Myrza
Your move up can can start from the move down..vice versa.
i see a quick drop to break the bear flag then an up move to 61.8 or 78.6 fib marked by the yellow lines then a "HUGE DROP" to 135.50 area you also notice that the 61.8 fib meets with the 50% fib fan level witch makes for a nice reversal to complete the bear flag pattern. im not a phsycic this is only what im seeing & planning a trade on.
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  • #215,643
  • Feb 15, 2010 10:45pm Feb 15, 2010 10:45pm
UJ didnt go down for two days...It might go up .....
The Market pays you to be disciplined
  • #215,644
  • Feb 15, 2010 10:46pm Feb 15, 2010 10:46pm
Quoting Allseeingeye
i see a quick drop to break the bear flag then an up move to 61.8 or 78.6 fib marked by the yellow lines then a "HUGE DROP" to 135.50 area you also notice that the 61.8 fib meets with the 50% fib fan level witch makes for a nice reversal to complete the bear flag pattern. im not a phsycic this is only what im seeing & planning a trade on.
135.5..that is too far away fr my expectation. 140.2 and 139.7 is a strong support area. I would attempt buying at this areas if I see a good setup. But 141.4 is a major resistance.. I wont buy this area..Just look how often it is rejected. A breakout to 141.8 once retreated 200 pips down. Doesnt this tell you something?..
  • #215,645
  • Feb 15, 2010 10:53pm Feb 15, 2010 10:53pm
Quoting Myrza
135.5..that is too far away fr my expectation. 140.2 and 139.7 is a strong support area. I would attempt buying at this areas if I see a good setup. But 141.4 is a major resistance.. I wont buy this area..Just look how often it is rejected. A breakout to 141.8 once retreated 200 pips down. Doesnt this tell you something?..
if we all had the same eyes we would all be selling or all be buying. i see 61.8 to 78.6 retrace up then down you can see what you like im only stating what i see
  • #215,646
  • Feb 15, 2010 11:06pm Feb 15, 2010 11:06pm
Quoting Allseeingeye
if we all had the same eyes we would all be selling or all be buying. i see 61.8 to 78.6 retrace up then down you can see what you like im only stating what i see

Correct..just trade what u see.
  • #215,647
  • Feb 15, 2010 11:21pm Feb 15, 2010 11:21pm
Quoting Myrza
Correct..just trade what u see.
And I am seeing a ghost
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  • #215,648
  • Feb 15, 2010 11:54pm Feb 15, 2010 11:54pm
support or just retrace
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  • #215,649
  • Feb 16, 2010 12:22am Feb 16, 2010 12:22am
Quoting Myrza
And I am seeing a ghost

Let's hope this "ghost trade" is valid
  • #215,650
  • Feb 16, 2010 12:30am Feb 16, 2010 12:30am
Quoting Myrza
Let's hope this "ghost trade" is valid
Ghosts dissapear & are not easily seen by everyone lol
  • #215,651
  • Feb 16, 2010 12:34am Feb 16, 2010 12:34am
Quoting Allseeingeye

Ghosts dissapear & are not easily seen by everyone lol

My Casper is a friendly ghost
  • #215,652
  • Feb 16, 2010 1:14am Feb 16, 2010 1:14am
Few factor why market very slow this weeks :

1. First because of Chinise New Year. All China and Hong Kong Traders on holiday moods.

2. EU issued.

3. US Bank Holiday
  • #215,653
  • Feb 16, 2010 1:21am Feb 16, 2010 1:21am
Quoting PandoraBox
Few factor why market very slow this weeks :

1. First because of Chinise New Year. All China and Hong Kong Traders on holiday moods.

2. EU issued.

3. US Bank Holiday
How long does it take for China to get a new year?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #215,654
  • Feb 16, 2010 3:22am Feb 16, 2010 3:22am
Attached Image
MY OPINION NOT FINANCIAL ADVISE
  • #215,655
  • Feb 16, 2010 3:38am Feb 16, 2010 3:38am
Short @ 141.30
Don't be a hero. Don't have an ego. Always question yourself
  • #215,656
  • Feb 16, 2010 3:53am Feb 16, 2010 3:53am
How can i buy and sell this set up...each candle is up and down after the other ....1 bull candle follow by bear candle vise versa...insane pa
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MY OPINION NOT FINANCIAL ADVISE
  • #215,657
  • Feb 16, 2010 4:04am Feb 16, 2010 4:04am
Quoting donfriday
How can i buy and sell this set up...each candle is up and down after the other ....1 bull candle follow by bear candle vise versa...insane pa
Buy @ 140.863 and sell @ 141.263 ?
Don't be a hero. Don't have an ego. Always question yourself
  • #215,658
  • Feb 16, 2010 4:34am Feb 16, 2010 4:34am
Quoting donfriday
How can i buy and sell this set up...each candle is up and down after the other ....1 bull candle follow by bear candle vise versa...insane pa
not insane if u know what is the range

enjoy it for the rest of the year ... chinese year
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  • #215,659
  • Feb 16, 2010 4:39am Feb 16, 2010 4:39am
o mah gaaaaaaaaaaaaawd its as bad as yesterday. someone make it mooooooooove
  • #215,660
  • Feb 16, 2010 5:37am Feb 16, 2010 5:37am
Quoting ewokuk
o mah gaaaaaaaaaaaaawd its as bad as yesterday. someone make it mooooooooove

Abracadabra...move
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