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

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  • Post #220,901
  • Quote
  • Apr 14, 2010 2:46pm Apr 14, 2010 2:46pm
  •  Geppy
  • Joined Sep 2007 | Status: Member | 6,871 Posts
Quoting fullhouse
Disliked
what is the meaning of that?
Ignored
He misses seeing your garbage head and shoulder patterns...
check out my blog: forexmademillionaire dot com
 
 
  • Post #220,902
  • Quote
  • Apr 14, 2010 2:58pm Apr 14, 2010 2:58pm
  •  donfriday
  • Joined Jan 2009 | Status: WHO AM I €&$ ? | 7,019 Posts
Quoting fullhouse
Disliked
what is the meaning of that?
Ignored
meaning i miss ur HS expectation
I NEVER LOSE/=I EITHER WIN OR LEARN
 
 
  • Post #220,903
  • Quote
  • Apr 14, 2010 3:03pm Apr 14, 2010 3:03pm
  •  next-move
  • | Joined Nov 2009 | Status: Member | 83 Posts
GPY/JPY is not moving up with the equities.

If supply holds, then a drop should come.

NM
 
 
  • Post #220,904
  • Quote
  • Apr 14, 2010 3:08pm Apr 14, 2010 3:08pm
  •  metlife777
  • | Joined Aug 2007 | Status: Member | 429 Posts
Quoting Piters
Disliked
An Yearly chart for you my friend .. (Yearly and Quarterly Chart)
Ignored
Quarterly chart looks like ending diagonal which means that geppy may revisit 120 at some point of time this year
Piters, what's your idea about it?
 
 
  • Post #220,905
  • Quote
  • Apr 14, 2010 4:11pm Apr 14, 2010 4:11pm
  •  fullhouse
  • | Additional Username | Joined Apr 2010 | 722 Posts
Quoting Piters
Disliked
you are welcome to "Have another LOOK" - mate..

Gl...
Ignored

hey mr pattern expert !.. what is your view on this one ,?
you agree its a big possibility for this type of bullish wedge ?

if it make now a u-turn to 78.6 and formed a low there at 141.70 .,and contnue upwards again inside the pattern. ?

eur/jpy in a similiar wedge/pennant ? both bullish breakouts .

very early stages and nothing is confirm yet
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  • Post #220,906
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  • Apr 14, 2010 4:29pm Apr 14, 2010 4:29pm
  •  metlife777
  • | Joined Aug 2007 | Status: Member | 429 Posts
Quoting fullhouse
Disliked
hey mr pattern expert !.. what is your view on this one ,?
you agree its a big possibility for this type of bullish wedge ?

if it make now a u-turn to 78.6 and formed a low there at 141.70 .,and contnue upwards again inside the pattern. ?

eur/jpy in a similiar wedge/pennant ? both bullish breakouts .

very early stages and nothing is confirm yet
Ignored
I don't see triangle yet until after 3rd drop the up move toward your R line will confirm that pattern
 
 
  • Post #220,907
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  • Apr 14, 2010 4:38pm Apr 14, 2010 4:38pm
  •  fullhouse
  • | Additional Username | Joined Apr 2010 | 722 Posts
Quoting metlife777
Disliked
I don't see triangle yet until after 3rd drop the up move toward your R line will confirm that pattern
Ignored

yeah i know .. its still in imagination .. but the possibility is high for one..

lets see. we will know by next week.
 
 
  • Post #220,908
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  • Apr 14, 2010 4:46pm Apr 14, 2010 4:46pm
  •  metlife777
  • | Joined Aug 2007 | Status: Member | 429 Posts
Quoting fullhouse
Disliked
yeah i know .. its still in imagination .. but the possibility is high for one..

lets see. we will know by next week.
Ignored
actually my bias is switched into bearish from today. let's see how geppy will play out
 
 
  • Post #220,909
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  • Apr 14, 2010 5:02pm Apr 14, 2010 5:02pm
  •  uncletrumpet
  • | Joined May 2007 | Status: Omo 9ja | 637 Posts
Quoting uncletrumpet
Disliked
Your eyes are the best indicators, I listen to few in this room, many are guessing, I am sure the resistance has been broken, the strong pull back are distracations. On GU we shall see 1.5490 today and for GJ we shall see 144.70 today, UJ will even help GJ to soar very well. Meanwhile lets be on the line waiting. Listen to SCRAT very well, He is a seasoned and mature trader.
Ignored
As i said in the morning price of GU did got to what I said and the GJ too got to where I got to,
 
 
  • Post #220,910
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  • Apr 14, 2010 5:04pm Apr 14, 2010 5:04pm
  •  uncletrumpet
  • | Joined May 2007 | Status: Omo 9ja | 637 Posts
its going 127.30 its going to 129 before the close of the week. Take note
 
 
  • Post #220,911
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  • Apr 14, 2010 5:19pm Apr 14, 2010 5:19pm
  •  Scrat
  • Joined Jan 2007 | Status: Member | 3,719 Posts
alright, trading day just closed. here is an updated daily chart.

current situation is contradictory. on one hand, daily closed @ 144.15, which is above last bullish weekly candle close - i mentioned yesterday, 143.78. finally a close above range. bullish sign .

on the other hand, there are signs of intra-month distribution and today closed below daily pvp, suggesting a retrace to 143.20 area. i would carefully watch this area, as it is the decision point for further action.
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Nihil Sine Deo.
 
 
  • Post #220,912
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  • Apr 14, 2010 5:42pm Apr 14, 2010 5:42pm
  •  fullhouse
  • | Additional Username | Joined Apr 2010 | 722 Posts
Quoting Scrat
Disliked
alright, trading day just closed. here is an updated daily chart.

current situation is contradictory. on one hand, daily closed @ 144.15, which is above last bullish weekly candle close - i mentioned yesterday, 143.78. finally a close above range. bullish sign .

on the other hand, there are signs of intra-month distribution and today closed below daily pvp, suggesting a retrace to 143.20 area. i would carefully watch this area, as it is the decision point for further action.
Ignored

why is the daily chart so important for closes ? at wich level ?
your platform daily just closed,my 3 live platforms closed all 3 at differant times from 2 to 6 hours apart ? ..

wht for the rest of the world who trade on differant platfroms differant UK and US servers ?that the daily closes all at differant levels ...
 
 
  • Post #220,913
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  • Apr 14, 2010 5:42pm Apr 14, 2010 5:42pm
  •  USD-Bear
  • Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Expecting a break of this flag tonight (could be wishfull thinking)
Goodnight everyone.......

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Don't be a hero. Don't have an ego. Always question yourself
 
 
  • Post #220,914
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  • Apr 14, 2010 5:44pm Apr 14, 2010 5:44pm
  •  USD-Bear
  • Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Quoting USD-Bear
Disliked
Expecting a break of this flag tonight (could be wishfull thinking)
Goodnight everyone.......

Attachment 458143
Ignored
Wrong forum, sorry......
Don't be a hero. Don't have an ego. Always question yourself
 
 
  • Post #220,915
  • Quote
  • Apr 14, 2010 5:45pm Apr 14, 2010 5:45pm
  •  Cod
  • | Joined Feb 2010 | Status: Member | 356 Posts
Quoting fullhouse
Disliked
why is the daily chart so important for closes ? at wich level ?
your platform daily just closed,my 3 live platforms closed all 3 at differant times from 2 to 6 hours apart ? ..

wht for the rest of the world who trade on differant platfroms differant UK and US servers ?that the daily closes all at differant levels ...
Ignored

The New York Close is the standard. I get mine from actionforex since my times are off too.

My fxipivots still is pretty close anyway from a close two hours different. I tried to modify it to work from my timezone but gave up and decided it was close enough.

http://www.actionforex.com/technical...-200603205734/
 
 
  • Post #220,916
  • Quote
  • Apr 14, 2010 5:55pm Apr 14, 2010 5:55pm
  •  fullhouse
  • | Additional Username | Joined Apr 2010 | 722 Posts
Quoting Cod
Disliked
The New York Close is the standard. I get mine from actionforex since my times are off too.

My fxipivots still is pretty close anyway from a close two hours different. I tried to modify it to work from my timezone but gave up and decided it was close enough.

http://www.actionforex.com/technical...-200603205734/
Ignored

yeah i understand that .. but does the japan or UK banker bother about the NY close on their own server ? i understand a close on all servers above a certain price does mean something ,,but a 10 to 40 pip close above only on NY close does not mean anyhing to the rest of the world ,and say that IT IS BULLISH OR BEARISH ..

a close above or below is no strong ind for me ..the world have dif. time frames and closes ,,BUT A SUPP AND RESS STAY AT THE SAME LEVEL FOR THE WHOLE WOLRD>>THAT NEVER CHANGE,,so that is waaay more important to know your levels ,than any close or open and say bullish or bearish ..
that how i see it,,everybody is diiferant
 
 
  • Post #220,917
  • Quote
  • Apr 14, 2010 6:04pm Apr 14, 2010 6:04pm
  •  Cod
  • | Joined Feb 2010 | Status: Member | 356 Posts
Quoting fullhouse
Disliked
yeah i understand that .. but does the japan or UK banker bother about the NY close on their own server ? i understand a close on all servers above a certain price does mean something ,,but a 10 to 40 pip close above only on NY close does not mean anyhing to the rest of the world ,and say that IT IS BULLISH OR BEARISH ..

a close above or below is no strong ind for me ..the world have dif. time frames and closes ,,BUT A SUPP AND RESS STAY AT THE SAME LEVEL FOR THE WHOLE WOLRD>>THAT NEVER CHANGE,,so that is waaay more important to know your levels...
Ignored
I don't know if most people use the NY close esp the pros, but it sure does give you a pretty good job of predicting the day.
 
 
  • Post #220,918
  • Quote
  • Apr 14, 2010 6:16pm Apr 14, 2010 6:16pm
  •  fullhouse
  • | Additional Username | Joined Apr 2010 | 722 Posts
Quoting Cod
Disliked
I don't know if most people use the NY close esp the pros, but it sure does give you a pretty good job of predicting the day.
Ignored

all the big players based all their entries on major supp and ress levels,,they dont bother about closes of NY times .

if the NY closed times be so important,then there must be some volume every day ?before close or just after closed times ? ..there is nothing, but you will see volume on every major supp/ress level any ggiven time when price reach that certain level ,if its just after NY close or just before ,doesnt matter ..
 
 
  • Post #220,919
  • Quote
  • Apr 14, 2010 6:55pm Apr 14, 2010 6:55pm
  •  fullhouse
  • | Additional Username | Joined Apr 2010 | 722 Posts
i closed my positions and reverse to long ,no consilidation pattern will happen and no bearish signs is their either ,the bulls win . ,cut my losses and will reverse on eur/jpy aned gbp/jpy for long..400 pips on both pairs looks reasonable at the moment

i wont sit and watch how it spike up to 148
 
 
  • Post #220,920
  • Quote
  • Apr 14, 2010 7:00pm Apr 14, 2010 7:00pm
  •  fullhouse
  • | Additional Username | Joined Apr 2010 | 722 Posts
this daily morning star can only shoot up ,i cant fight against that pattern
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