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

  • #222,081
  • Apr 22, 2010 10:07am Apr 22, 2010 10:07am
we have 2 resistances above: 143.78 (weekly close, 3 weeks before); and 143.57, yesterday's close.

price action around yesterday daily close (see chart) is suggesting a test of the lower limit for this range: 141.55.
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Nihil Sine Deo.
  • #222,082
  • Apr 22, 2010 10:11am Apr 22, 2010 10:11am
Quoting rjtraders
thats cool you like Scrat's or anyone view as always looks very realistic to you....
my call is not for you or for any one else for trade ....
trade with ur charts and mind....
always good thing better have more than one opnion.....
iwas just said my call so far ok....
good luck.......................
OMG , SHUT the !"£$%^&** UP, rjtraders.

Can u you not keep this page to just trading.

I have been on this thread since the first post on this thread. Have seen so many people making usless bunch of posts- the main reason why most of us have stopped making any reasonable posts consistently.

you are certainly one of them who people would detest to keep company of. You are such a pain.

Please, can you take ur unnecessary chatter/banter somehwre else.

Can i maybe bribe you off this thread with some of the pips i made today?
  • #222,083
  • Apr 22, 2010 10:22am Apr 22, 2010 10:22am
Quoting Fudomyo
If you want to post every 3 minutes start your own thread. But please stop spamming this one.

Mush, rjtraders, I like many regard it a waste of my time and space to read the trading irrelevant thoughts that you post - I've just gone through pages of it, and I consider it akin to the telephone cold callers that monoploize the phone line I pay for to their advantage ... why is it every "thought" that enters your head needs to get posted? You and your aliases have filled these pages with useless commentary in a very short time. And on trading related items, I don't believe you've ever posted a chart ... that translates into pulling numbers out of the air, and it convinces no one.

Respect from other traders is earned over time, with attributes that the seniors have demonstrated over time - emulating them through every post is not difficult. Throw in some modesty, self awareness, maturity, respect for others and an open mind to their views, and others may start respecting your views too. Once again, FF guideline #2: Trading Talk only.
  • #222,084
  • Apr 22, 2010 10:24am Apr 22, 2010 10:24am
Quoting iksh
OMG , SHUT the !"£$%^&** UP, rjtraders.

Can u you not keep this page to just trading.

I have been on this thread since the first post on this thread. Have seen so many people making usless bunch of posts- the main reason why most of us have stopped making any reasonable posts consistently.

you are certainly one of them who people would detest to keep company of. You are such a pain.

Please, can you take ur unnecessary chatter/banter somehwre else.

Can i maybe bribe you off this thread with some of the pips i made today?
Agreed, its so bad to the point were I have stoped reading all of rjtraders posts.
Word to the wise, post less, more valuable info and you will be recognized and respected more.
  • #222,085
  • Apr 22, 2010 10:27am Apr 22, 2010 10:27am
Quoting iksh
OMG , SHUT the !"£$%^&** UP, rjtraders.

Can u you not keep this page to just trading.

I have been on this thread since the first post on this thread. Have seen so many people making usless bunch of posts- the main reason why most of us have stopped making any reasonable posts consistently.

you are certainly one of them who people would detest to keep company of. You are such a pain.

Please, can you take ur unnecessary chatter/banter somehwre else.

Can i maybe bribe you off this thread with some of the pips i made today?
lol, rjtraders has made it to the pinnacle of success. Big bucks from trading and an enormous amount of free time. He's got it all. He's not bogged down studing charts, counting waves, looking for fib retracements. Too bad all that free time is wasted posting trivial stuff, get out of the house man, enjoy life.
Without a trade plan, say bye bye to your account & hello to frustration.
  • #222,086
  • Apr 22, 2010 10:29am Apr 22, 2010 10:29am
notice how price action works - upper limit of today's range, and lower limit (blue lines).

based on what happened at lower limit i'd say a test of 143.50 is due again today . i'll try another short from there.
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Nihil Sine Deo.
  • #222,087
  • Apr 22, 2010 10:33am Apr 22, 2010 10:33am
Quoting Scrat

based on what happened at lower limit i'd say a test of 143.50 is due again today . i'll try another short from there.
Scrat, I'm not feelin a revisit to 143.50... probably just me and probably wrong but that's how I'm seeing it.

I think a daily close below 143.00 is definitely in the cards and perhaps a close below 142.50 (that would really get me excited )
check out my blog: forexmademillionaire dot com
  • #222,088
  • Apr 22, 2010 10:33am Apr 22, 2010 10:33am
any other questions , suggestions, complains, petitions etc?
Nihil Sine Deo.
  • #222,089
  • Apr 22, 2010 10:36am Apr 22, 2010 10:36am
Quoting Scrat
things are not very clear. but i think we can all agree on the fact that 143.78 is the real resistance here, and a daily close above 143.78 will open way for further rally.

the lower limit of this range is 141.55. a break of that will put focus on 136.

we can only wait, or scalp the range.
Very well stated and it's as simple as that. . .
  • #222,090
  • Apr 22, 2010 10:36am Apr 22, 2010 10:36am
I believe we will see 142.00 and possibly lower soon.
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  • #222,091
  • Apr 22, 2010 10:36am Apr 22, 2010 10:36am
Quoting Scrat
any other questions , suggestions, complains, petitions etc?
cute.
check out my blog: forexmademillionaire dot com
  • #222,092
  • Apr 22, 2010 10:36am Apr 22, 2010 10:36am
Quoting Scrat
notice how price action works - upper limit of today's range, and lower limit (blue lines).

based on what happened at lower limit i'd say a test of 143.50 is due again today . i'll try another short from there.
1h TF engulfing candle is suggesting that.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #222,093
  • Apr 22, 2010 10:38am Apr 22, 2010 10:38am
These days I seek less busy threads, where only considered opinion supported by chart/numerical analysis is submitted; and which is of an opinion that does not cover just a handful of pips. Yes, I am guilty of more than one submission a day, but I do try to back these submissions up with a chart and comments.

Of course, nobody should be denied right of opinion. The problem in some circumstances, is that one can repeat 'their' opinion too often.

If a submitter is going to opine that price will not move above X, but has Y amount of potential down, then just present the chart showing where your Z is, and be content that this single submission of a chart will be remembered more by fellow traders, than written statements of projection. A picture is worth a thousand words.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #222,094
  • Apr 22, 2010 10:40am Apr 22, 2010 10:40am
i was watching this H&S pattern the last 2 days busy forming. unukcky i was stopped out this morning ,but soon after re- enter again ..and will reload more shorts @ right shoulder of H&S pattern at 61.8 fib @ 143.53

THE PERFECT h&s PATTERN OF ALL ...TAKE OUT PREV LOW ,RETRACE BACK TO 61.8 AND THAT EQUALS SPOT ON WITH LEFT SHOULDER..

YOU CANT GET A BETTER ONE LIKE THIS ..double headed top just add the cherry on the cake here for me..

the only man that can mess with this pattern is MR.obahma in a few minutes,,but so far ,right shoulder sit right at 143.53 ...


off topic ---gbp/chf got 25 to 30 pips left before he struck a major ress level @ 61.8 and backside of TL and currenT tl.. i did post a chart earlier about it and my level ress sit at 1.6600- 1.6605 ,,,WATCH FOR daily/weekly spike
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  • #222,095
  • Apr 22, 2010 10:41am Apr 22, 2010 10:41am
[in my place people always say let the dogs bark as long as we are not a dog.this for all who said about me................you are dog?
did i said any thing about anybody?mother fickers................somethings cannot change......
wat isaid out of trading?



quote=iksh;3662280]OMG , SHUT the !"£$%^&** UP, rjtraders.

Can u you not keep this page to just trading.

I have been on this thread since the first post on this thread. Have seen so many people making usless bunch of posts- the main reason why most of us have stopped making any reasonable posts consistently.

you are certainly one of them who people would detest to keep company of. You are such a pain.

Please, can you take ur unnecessary chatter/banter somehwre else.

Can i maybe bribe you off this thread with some of the pips i made today?[/quote]
  • #222,096
  • Apr 22, 2010 10:45am Apr 22, 2010 10:45am
easy guys..

keep your eyes on charts and and keep your cards close to your chest..
  • #222,097
  • Apr 22, 2010 10:46am Apr 22, 2010 10:46am
As a newbie to forex... I am enjoy looking at all the posted charts. I signed up with FF with the intent of sharing what I have learned and gaining knowledge from others that have learned more than myself. I am a Canadian American living in Taiwan. No one here really knows about Forex. The only know about the stock market and futures. So, as you can imagine there aren't any books at the book store that are specific to forex...let alone in English. So, I am really relying on the group effort of all the posters on FF to help save me from the isolation of not being able to study forex with someone live as a mentor here in Taiwan. Although I am super far from success, I have been trying to demo trade. I have read babypips, but it left me with more questions than answers. I have looked at reviews of several brokers. I am proud of myself that I found a broker that doesn't charge that stupid swap fee... Which is good for me since my account is so tiny. So, please please please, if there is anyone at FF factory that truly want to help... I would be ever so grateful if they could write in detail what is going through their mind as they are setting up their charts... for example... When they draw a chart, how do they determine from what point to draw the line? I am sorry to ramble like this. But FF is the closest thing that I have to a book that I can learn forex from. I can see that many people on this thread are very advanced in know how to read charts etc.

However, if I am asking too much. You could always mail me some super awesome books for me to study here in Taiwan, and maybe I could send you something in return. Just kidding about that.

Alright... Thanks for everyones kindness, patience, and understanding.
Sincerely yours,
Pair-me-up
Luck has no place in trading. Leave that for the poker table.
  • #222,098
  • Apr 22, 2010 10:50am Apr 22, 2010 10:50am
Quoting Pair-me-up
However, if I am asking too much. You could always mail me some super awesome books for me to study here in Taiwan
You will learn a lot here but watch in silence for awhile and then begin to ask educated questions. Much can be learned from pure observation, especially in the markets.

On your last note, if you know of some books you want I could send them to you provided you're will to pay for them and the cost of shipping.
check out my blog: forexmademillionaire dot com
  • #222,099
  • Apr 22, 2010 10:53am Apr 22, 2010 10:53am
......
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  • #222,100
  • Apr 22, 2010 11:04am Apr 22, 2010 11:04am
Thanks for the positive feed back.

Sure I can pay for shipping. Especially since the Taiwan dollars is getting stronger. I prefer books that give sharp details and don't beat around the bush with flowery hype. If you can tell me the name, I can see some of the reviews online first. But I wouldn't want to trouble you if it is too much of a hassle.

I will do as you suggested and try to observe more.
Luck has no place in trading. Leave that for the poker table.
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