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

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

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#226,981
Jun 3, 2010 2:51am Jun 3, 2010 2:51am

sergevi
| Joined Mar 2007 | Status: Trader | 92 Posts

Personnaly, i was seeing something happend at 136.3, which is 50% of the last down from 146 to 126 AND daily 50 EMA .
I've set up a short there.

gold is gold.

#226,982
Jun 3, 2010 2:52am Jun 3, 2010 2:52am

naatha
| Joined Jan 2008 | Status: Trader | 802 Posts

not sure

Attached Image

#226,983
Jun 3, 2010 2:57am Jun 3, 2010 2:57am

sergevi
| Joined Mar 2007 | Status: Trader | 92 Posts

buu.. mine doesn't look the same !

silly

note : it's daily in avafx.

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gold is gold.

#226,984
Jun 3, 2010 3:23am Jun 3, 2010 3:23am

profxtrader
Joined Jan 2009 | Status: Trader | 885 Posts

I'm a bull now. 146 targets as of last night. I won't be posting much in the next 2 weeks. I've got young minds to teach!

Every time you use 'hopium' in a post, God kills a kitten.

#226,985
Jun 3, 2010 3:33am Jun 3, 2010 3:33am

wormboy
Joined Jan 2009 | Status: Not bothered. | 18,084 Posts

Quoting wormboy

Disliked

price is trading above the weekly pivot for the 4th day & just cleared W1 res level @134.9.
Nearest upside target atm is @136.25

Ignored

Bingo. Hope someone nailed it.
Attached chart below shows the lfxjpy shows no signs of slowing down but on the ltf (H1) shows there is slight resistance @50.245. So possible a bit of consolidation or a slight drop back for the previous day retest on the gbpjpy @135.42
All this is if the buying stalls here, however if it doesn't, then 138.55 is the next obvious target.

Good luck.

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Thank You

#226,986
Jun 3, 2010 3:41am Jun 3, 2010 3:41am

budak baru
Joined Aug 2007 | Status: Newbie | 1,332 Posts

Quoting naatha

Disliked

not sure

Ignored

wave a?

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Gold Expedition Return This Year: -16.4%

#226,987
Jun 3, 2010 4:09am Jun 3, 2010 4:09am

uncletrumpet
| Joined May 2007 | Status: Omo 9ja | 637 Posts

I am really blessed meeting the likes of karmostaji, clouds, scrat and now fullhouse. I now trade with ease trading what i see and not what i expect

Quoting fullhouse

Disliked

here ya go... a selling opp. on gbp/usd at ress level of 1.4812/13.. so with the gbp/jpy if we reach this level on gbp/usd..

Ignored

#226,988
Jun 3, 2010 4:10am Jun 3, 2010 4:10am

Raza
Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts

Quoting budak baru

Disliked

wave a?

Ignored

NICE Chart...

Markets are not Random, they are designed!

#226,989
Jun 3, 2010 4:16am Jun 3, 2010 4:16am

sergevi
| Joined Mar 2007 | Status: Trader | 92 Posts

For now my little 50% gives something

let's see what happends.

For me , this pair is really "the 50% pair", it's most of the time reacting at this level.
Don't ask me why ...

gold is gold.

#226,990
Jun 3, 2010 4:17am Jun 3, 2010 4:17am

Fusion
| Joined Apr 2009 | Status: Trader | 426 Posts

Quoting budak baru

Disliked

wave a?

Ignored

Where do you see wave b settling down approx.?

#226,991
Edited 5:00am Jun 3, 2010 4:59am | Edited 5:00am

naatha
| Joined Jan 2008 | Status: Trader | 802 Posts

Quoting budak baru

Disliked

wave a?

Ignored

„3/c“ - not finished yet
if retrace - to the 1st wave level (arrow)

Attached Image

#226,992
Jun 3, 2010 5:08am Jun 3, 2010 5:08am

budak baru
Joined Aug 2007 | Status: Newbie | 1,332 Posts

Quoting Fusion

Disliked

Where do you see wave b settling down approx.?

Ignored

134.45=wave a,135.36=wave b,133.54=wave c?

Gold Expedition Return This Year: -16.4%

#226,993
Jun 3, 2010 5:09am Jun 3, 2010 5:09am

budak baru
Joined Aug 2007 | Status: Newbie | 1,332 Posts

Quoting Raza

Disliked

NICE Chart...

Ignored

please advice if it wrong.thanks

Gold Expedition Return This Year: -16.4%

#226,994
Jun 3, 2010 5:11am Jun 3, 2010 5:11am

budak baru
Joined Aug 2007 | Status: Newbie | 1,332 Posts

Quoting naatha

Disliked

„3/c“ - not finished yet
if retrace - to the 1st wave level (arrow)

Ignored

still learning.thanks

Gold Expedition Return This Year: -16.4%

#226,995
Edited 5:36am Jun 3, 2010 5:25am | Edited 5:36am

Raza
Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts

Quoting budak baru

Disliked

please advice if it wrong.thanks

Ignored

It can still go higher 136.68..38% from 163 - 126..

or 137.40...I will short from those levels for wave#4...which will be complicated since wave #2 was an ABC....(133 needs to Hold)

Then we can go even higher for wave#5 or Wave #A..

or your scenario....

Weekly is Bullish/ monthly is bullish...Only Daily seems a Bit Bearish...so short is around the corner....IMO...

Markets are not Random, they are designed!