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

  • #224,061
  • Edited 4:20am May 11, 2010 4:08am | Edited 4:20am
Quoting profxtrader
Dude I love your quote. A lot of times it's so hard to clear your mind and let your mind know what your eyes see and that is where most trading mistakes are made. For that reason alone, I do not listen to news.
Thanks...

I like Your Profile Pic...
Markets are not Random, they are designed!
  • #224,062
  • May 11, 2010 5:18am May 11, 2010 5:18am
could be bull flag on 1hr
by Thich Nhat Hanh "Smile, breathe and go slowly."
  • #224,063
  • May 11, 2010 5:32am May 11, 2010 5:32am
Quoting Farmboy
could be bull flag on 1hr
Could be a "broken" BEAR flag on 4h" ?????????????
:nerd:
  • #224,064
  • May 11, 2010 5:50am May 11, 2010 5:50am
I cant resist to say

TO ME THIS THING IS bULLISH...
Attached Image (click to enlarge)
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Markets are not Random, they are designed!
  • #224,065
  • Edited 6:51am May 11, 2010 6:32am | Edited 6:51am
At last price is headed to break or sit on the 135.53, What brought this about was the GU that broke his 1.4810 level, if GU can sustain to close under this level and GJ can close under this 135.53 then we are set to reach 132.25 and then 130.75 (I mean the daily candle close)

Is anybody saying something. But please wait for retracement and be looking at the momentum at the beginning of at least the 1 hour candle.

I am through for the day I have made more than my daily target

Thanks and happy trading.

Quoting uncletrumpet
For now EU and EJ are looking nicely. EU has broken its 1.2750 (last week close) it has broken and retested it and EJ is on the way down with it too. EU must kiss 1.2600 today. And EJ must see 116.78 (last week close).If GJ is proving funny look for another thing thing to do. on my currency meter Pound is 5.0 and yen is 5.3 they are still fighting let us see who wins the fight.<img src="http://cdn.forexfactory.com/images/smilies/yim/winking.gif" border="0" alt="" title="Wink" smilieid="85" class="inlineimg" />
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  • #224,066
  • May 11, 2010 6:36am May 11, 2010 6:36am
Quoting Raza
I cant resist to say

TO ME THIS THING IS bULLISH...
HE..HE..HE..
Markets are not Random, they are designed!
  • #224,067
  • May 11, 2010 6:38am May 11, 2010 6:38am
Flying rhino is unable to fly yet ?

What a shame let's print some more dollars and yens
USD should be in every fridge on the world...

I'm going to celebrate this global economy success buying dips
  • #224,068
  • May 11, 2010 6:41am May 11, 2010 6:41am
Quoting Raza
I cant resist to say

TO ME THIS THING IS bULLISH...
I agree but think your X will be at 133 area. look at the move up it came in 3 waves that means we can still assume we are in a down move continuation. I am short for now but very tight stops above 140.60 which is my wave 4 so we could end up with a failed wave 5 or a complete wave 5 which will make a fresh low then BULL all the way till August
  • #224,069
  • Edited 7:25am May 11, 2010 6:48am | Edited 7:25am
http://www.forexfactory.com/showpost...stcount=224025
if it breaks the „2-2 line“ - may be a bullish setup (i.e. the counting is wrong)
+ another chart
Attached Images
  • #224,070
  • Edited 7:09am May 11, 2010 6:53am | Edited 7:09am
Quoting 5ysfx
Flying rhino is unable to fly yet ?

What a shame let's print some more dollars and yens
USD should be in every fridge on the world...

I'm going to celebrate this global economy success buying dips
You forgot to mention the WORST OF ALL th BRITISH POUND

On a more serious note we have just completed wave 1 of 5 so we can get a retracement back upto the 139 area then SELL THE CRAP out of it.
  • #224,071
  • May 11, 2010 7:10am May 11, 2010 7:10am
  •  vrama
  • | Joined Dec 2006 | Status: BE at right place@right time = LUCK | 210 Posts
hi guys

i just follow this method, ganhilo and 5sma cross.
here is my chart.
in 4hr we are going to get cross ... for downwards...
if we get this cross and confirms.. more 4 to 500 pips...

any ideas...


Attached Image (click to enlarge)
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All things are difficult before they are easy.
  • #224,072
  • May 11, 2010 7:33am May 11, 2010 7:33am
Quoting vrama
hi guys

i just follow this method, ganhilo and 5sma cross.
here is my chart.
in 4hr we are going to get cross ... for downwards...
if we get this cross and confirms.. more 4 to 500 pips...

any ideas...


u r right.but qqe5 must turn to bearish first for confirmation sell signal.but maybe we get retracement at tf 4h first before going down.
Gold Expedition Return This Year: -16.4%
  • #224,073
  • May 11, 2010 7:37am May 11, 2010 7:37am
Quoting naatha
http://www.forexfactory.com/showpost...stcount=224025
if it breaks the „2-2 line“ - may be a bullish setup (i.e. the counting is wrong)
+ another chart
wowser, how do u trade off such charts, amazing.
  • #224,074
  • Edited 11:02am May 11, 2010 7:42am | Edited 11:02am
Quoting witsnpips
wowser, how do u trade off such charts, amazing.
- - -
It`s the safest system I know, and it gives me nice signals even if the counting is wrong. I tested it even in „inversed mode“ with perfect results.
Look:
if it breaks the „2-2 line“ - may be a bullish setup...
the „2-2 line“ - it sounds bad
the system alarm me - this counting is Wrong
it should be: the „2-4 line“
the system gives the right way as well as the nice setup.
Attached Images
  • #224,075
  • May 11, 2010 7:55am May 11, 2010 7:55am
here ya go.. are you guys ready for a 2 month consilidation mode between 142.50 and 132... and it start this week and we will be inbetween the lines for quiet a long time ...

im out of the shorts,and will soon get into longs all the way to 142.50/143.50 ..if i get a signal ,otherwise i will wait for 132 or 142.50,either one to short or long...

we are clearly in a bearish flag ,but the 140 WAS not the TOP and we will see higher PA towards the 78.6 @ 142.50 ,with possible spike to 143.50..

frm 142.50 will we go all the way to 78.6 at the bottom insde the daily triangle ...

so wich way will we break ? up or down? .. i dont know ,but for now will i play inbetween the lines of 142.50 and 132 ,possible spike to 143.50 and 131.50 ... thats about it ... all what i can see
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  • #224,076
  • May 11, 2010 8:48am May 11, 2010 8:48am
Quoting Allseeingeye
You forgot to mention the WORST OF ALL th BRITISH POUND

On a more serious note we have just completed wave 1 of 5 so we can get a retracement back upto the 139 area then SELL THE CRAP out of it.

fly rhino fly... up to the sky
Attached Image
  • #224,077
  • May 11, 2010 9:04am May 11, 2010 9:04am
Quoting 5ysfx
fly rhino fly... up to the sky
first down to 136.60,then upto 139.21
  • #224,078
  • May 11, 2010 10:07am May 11, 2010 10:07am
Trading bummer underway ... a long wick reach down to 137.2 and now a election news conference coming up in the next few minutes to announce some sort of deal - watch your shorts. See what's up here: http://news.bbc.co.uk/2/shared/election2010/liveevent/
  • #224,079
  • Edited 10:35am May 11, 2010 10:09am | Edited 10:35am
Quoting Beljevina
Trading bummer underway ... a long wick reach down to 137.2 and now a election news conference coming up in the next few minutes to announce some sort of deal - watch your shorts. See what's up here: http://news.bbc.co.uk/2/shared/election2010/liveevent/
or you might lose your SHIRTS
This should start to drop at 138.77 - 139.56
  • #224,080
  • May 11, 2010 11:02am May 11, 2010 11:02am
Quoting Allseeingeye
or you might lose your SHIRTS
This should start to drop at 138.77 - 139.56
Would be risky shorting this until we know what's happening with the DCam/Clegg/Brown news later today. Cameron set to be installed as PM as early as tonight.
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