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

Quoting rgitt05

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No one gets all the trades right...You plan your trades and trade your plans..

You did well closing your trade for a profit...

Any winning size trade is a winner. Don't get greedy with GJ atm because the market is not stable to swing trade..Scalping is probably better.

The market is being manipulated atm and I believe GJ is still due for a drop at the end of the week..

Patience

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Quoting Baby-Trader

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Hi rgitt05,
I'm targeting 1.36 on friday.
if it is not come I will close my shorts.
now the last fibo fan level has been broken.

http://www.forexfactory.com/showpost...8&postcount=69
http://www.forexfactory.com/showpost...5&postcount=73
http://www.forexfactory.com/showpost...5&postcount=77
http://www.forexfactory.com/showpost...8&postcount=82
http://www.forexfactory.com/showpost...0&postcount=94
http://www.forexfactory.com/showpost...8&postcount=98
http://www.forexfactory.com/showpost...&postcount=104
http://www.forexfactory.com/showpost...&postcount=110
http://www.forexfactory.com/showpost...&postcount=113


Thanks...

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Quoting zweig

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bears struggle heavy !!

keep an eye of a double bottom , not confirm yet,

i can see a spike low to 138 and back up ...

i have a buy limit setup for upside attack to test 148...

watch closely for a weekly monthly close with a spike low on monthly chart ,to test in coming weeks 148,and then back down again,to 137 before a reversal to 150's


below 138,i might close it self...

cant see bears have the power anymore,,,

148 is in sight ..

good luck

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Quoting zweig

Disliked

bears struggle heavy !!

keep an eye of a double bottom , not confirm yet,

i can see a spike low to 138 and back up ...

i have a buy limit setup for upside attack to test 148...

watch closely for a weekly monthly close with a spike low on monthly chart ,to test in coming weeks 148,and then back down again,to 137 before a reversal to 150's


below 138,i might close it self...

cant see bears have the power anymore,,,

148 is in sight ..

good luck

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Quoting rgitt05

Disliked

Patience

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Quoting ukdaytrader

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Looks to me like bears have simply stepped back until an easier opportunity to break support presents itself. Volumes have been low since helicopter Ben spoke, yet the upmove is non-existent.

We also need to factor the strength of Aussie in all this. GY breaking support, yet AY 300 + pips away. Maybe the break will not happen until after Aussie rate announcement. A rate hike is definitely priced in, otherwise AY will have been testing 76 by now.

A spike up on GY to scare the weak shorts, then we break 138. It's coming, that's almost certain...

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Quoting zweig

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im not with you ??

no positions on aud ?
what do you mean of a false breakout ..

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Quoting Eulogy

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you sure u're not Karmo in disguise........

you certainly have his patience pills

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Quoting Fusion

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Do you have any AU$ position...? After the false breakout of .9030, look what happened....

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Quoting Fusion

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What I mean by false breakout was based on the fact that the run from .86 to .90 was on decreasing volume ... Do you think we text 38.2 fib on monthly (at around .839) soon?

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Quoting zweig

Disliked

bears struggle heavy !!

keep an eye of a double bottom , not confirm yet,

i can see a spike low to 138 and back up ...

i have a buy limit setup for upside attack to test 148...

watch closely for a weekly monthly close with a spike low on monthly chart ,to test in coming weeks 148,and then back down again,to 137 before a reversal to 150's


below 138,i might close it self...

cant see bears have the power anymore,,,

148 is in sight ..

good luck

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Quoting Scrat

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a tail of two spikes

by zweig x-kens

it was the best of times, it was the worst of times, it was the age of profit, it was the age of pipfulness, it was the season of Spike, it was the season of manipulation, we had every trend before us...

"chill out and let's play it close to the vest", said the squirrel.

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Quoting Myrza

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I am seeing .9000 again for a sell setup..still keeping your shorts?

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Quoting zweig

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im not at home right now.. my charts here on Pda ,kiinda useless to look at.. i will post as soon as i get back home, too look at it.. as i could remember out of the top of my head,that .8910.8930 was a major supp/ress..im not sure...

we might drop to 38.2 ,but agin we might not.. i willll personally not keep it for a drop to that low ..


USD looking for a direction ,,and my cards is on a deep pullback coming weeks..

trade safe,and bank the profits!!!

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Quoting Fusion

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I had some...at .901, .903...closed it at .896...should have locked in some and let it run....

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