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

  • #225,201
  • May 18, 2010 9:24pm May 18, 2010 9:24pm
Quoting Clouds
double top was like 5 years ago. i'm long aud/usd for some short pips.

doesnt matter,,you dont know what you talking about...
  • #225,202
  • May 18, 2010 9:25pm May 18, 2010 9:25pm
Quoting fullhouse
doesnt matter,,you dont know what you talking about...
loser
  • #225,203
  • May 18, 2010 9:30pm May 18, 2010 9:30pm
Quoting Geppy
Glad to hear it's at BE... been watching this thing all day and she is not liking much of a retracement at all. Pattern seems to be consolidate... drop... consolidate... drop, rinse and repeat.

If you take the high from 139.56 to the low at 131.04 and finally the last most recent high put in at 134.80ish and use those as your three fib extension points you'll get a 100% extension at about 126.15 or so. I'd post a chart but it's such a large projection that it's outside of the visible portion. But I'm targeting that area for a mid-term...
I agree with you bro.
  • #225,204
  • May 18, 2010 9:31pm May 18, 2010 9:31pm
Quoting Geppy
Glad to hear it's at BE... been watching this thing all day and she is not liking much of a retracement at all. Pattern seems to be consolidate... drop... consolidate... drop, rinse and repeat.

If you take the high from 139.56 to the low at 131.04 and finally the last most recent high put in at 134.80ish and use those as your three fib extension points you'll get a 100% extension at about 126.15 or so. I'd post a chart but it's such a large projection that it's outside of the visible portion. But I'm targeting that area for a mid-term...
I will love to see that chart Geppy thanks in advance will be useful..for now im hedge and will close my longs around 132
  • #225,205
  • May 18, 2010 9:42pm May 18, 2010 9:42pm
Quoting kourtney
I will love to see that chart Geppy thanks in advance will be useful..for now im hedge and will close my longs around 132
maybe 133
  • #225,206
  • May 18, 2010 9:48pm May 18, 2010 9:48pm
Quoting Geppy
Glad to hear it's at BE... been watching this thing all day and she is not liking much of a retracement at all....
Thanks for the comment!

As of now resistance is 131.2. if that is taken it should go to 132.1 where I will short else I will join you once my BE Stop is triggered.
happy pipping!
  • #225,207
  • May 18, 2010 9:52pm May 18, 2010 9:52pm
Alright, deleted all indicators and showing the 1H time frame here with fib extension. Also have a little downtrend channel drawn there too.



Quoting kourtney
I will love to see that chart Geppy thanks in advance will be useful..for now im hedge and will close my longs around 132
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.gif Size: 49 KB
check out my blog: forexmademillionaire dot com
  • #225,208
  • May 18, 2010 9:53pm May 18, 2010 9:53pm
forgot my chart here it is. plain and simple!
Attached Image (click to enlarge)
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  • #225,209
  • May 18, 2010 9:57pm May 18, 2010 9:57pm
i will jump out and say,,im target 138.30 again... this is what i do and the bears is just not here just yet,according to my view ... im long ,stop below low and will see how it develop...

will see what do 132 ,,

we anyway need now an ABC correction,, so still a long way ,, but my medium long view still stand ..
  • #225,210
  • May 18, 2010 10:04pm May 18, 2010 10:04pm
Quoting fullhouse
i will jump out and say,,im target 138.30 again... this is what i do and the bears is just not here just yet,according to my view ... im long ,stop below low and will see how it develop...

will see what do 132 ,,

we anyway need now an ABC correction,, so still a long way ,, but my medium long view still stand ..
138.30? stop smoking that stuff.
Attached Image
  • #225,211
  • May 18, 2010 10:05pm May 18, 2010 10:05pm
Quoting special0nefx
I was trap in long yesterday
Will this train going more South? Enjoyhttp://www.youtube.com/watch?v=YBmf05RQLfw
  • #225,212
  • May 18, 2010 10:07pm May 18, 2010 10:07pm
Quoting grashid
You like the song...Great...1 way ticket to 125
  • #225,213
  • May 18, 2010 10:09pm May 18, 2010 10:09pm
Quoting Clouds
138.30? stop smoking that stuff.
Attachment
lets talk again on firday..stay tuned... below 130 ,,my view is gone,,and im full on bearish,,,im still target 125 with a spike to 123.80 long term,,,but i do see back in consil mode ..btw i enter long at 130.80 stop below 130...targets the above


ill see you on thursday/friday ...

keep well
  • #225,214
  • May 18, 2010 10:10pm May 18, 2010 10:10pm
i think it will go up to 134.40 area before down to 130
  • #225,215
  • May 18, 2010 10:14pm May 18, 2010 10:14pm
Quoting Clouds
i think it will go up to 134.40 area before down to 130

smoke more then you swee above 133 ,is now way back down again ,before we hit 137/138
  • #225,216
  • May 18, 2010 10:16pm May 18, 2010 10:16pm
Quoting Clouds
i think it will go up to 134.40 area before down to 130
I see this retrace possible [email protected] there. After that she dancing there
  • #225,217
  • May 18, 2010 10:18pm May 18, 2010 10:18pm
Quoting special0nefx
I see this retrace possible [email protected] there. After that she dancing there

yip,,,above that,,then up we go ...
  • #225,218
  • May 18, 2010 10:19pm May 18, 2010 10:19pm
Quoting fullhouse
yip,,,above that,,then up we go ...
No, is down we go
  • #225,219
  • May 18, 2010 10:24pm May 18, 2010 10:24pm
Quoting special0nefx
No, is down we go

im long and target above,,but its a long way and momentum is still down...but what i mean is that,,if we close above 133,then up we go,,its the last ress for another drop ... its the key area ...

good place for shorts,,if we make it that high,,but i kinda still see above..
unless the news will bring us down.
  • #225,220
  • May 18, 2010 10:27pm May 18, 2010 10:27pm
Quoting fullhouse
im long and target above,,but its a long way and momentum is still down...but what i mean is that,,if we close above 133,then up we go,,its the last ress for another drop ... its the key area ...

good place for shorts,,if we make it that high,,but i kinda still see above..
unless the news will bring us down.
Ok maybe anything is possible, anyway try not against trend. Good luck
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