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

  • #231,021
  • Aug 24, 2010 6:47am Aug 24, 2010 6:47am
Quoting PipChick
A possibility:

1 hr target reached. 4 hr target close. The h4 chart is very OS so the h4 target may not make it.
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  • #231,022
  • Aug 24, 2010 6:47am Aug 24, 2010 6:47am
Quoting ukdaytrader
Even the smallest amount of intervention will have shorts covering in massive numbers. It's in the deed, not the word. Once the BoJ start actually doing something, there's no need to call their bluff any longer.

Can't be far away IMO, but we'll soon know.

Same story was last year...BOJ did nothing...too weak to challenge market
The Market pays you to be disciplined
  • #231,023
  • Aug 24, 2010 6:49am Aug 24, 2010 6:49am
http://www.forexfactory.com/showpost...stcount=230893

and now:

and the triangle:
http://www.forexfactory.com/showpost...stcount=230855
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  • #231,024
  • Aug 24, 2010 7:22am Aug 24, 2010 7:22am
Naatha, are we still in wave 3 or just starting wave 4? I am not good at counting waves.
  • #231,025
  • Aug 24, 2010 7:26am Aug 24, 2010 7:26am
Quoting plucker01
Naatha, are we still in wave 3 or just starting wave 4? I am not good at counting waves.
me too bro, me too

not sure
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  • #231,026
  • Aug 24, 2010 7:29am Aug 24, 2010 7:29am
Quoting PipChick
1 hr target reached. 4 hr target close. The h4 chart is very OS so the h4 target may not make it.
We could bounce from here. If not then 127.02 is the next target on the daily chart.
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  • #231,027
  • Aug 24, 2010 7:29am Aug 24, 2010 7:29am
Quoting naatha
me too bro, me too

not sure
  • #231,028
  • Aug 24, 2010 7:33am Aug 24, 2010 7:33am
Quoting PipChick
We could bounce from here. If not then 127.02 is the next target on the daily chart.
Great trading Pip Chick.
  • #231,029
  • Aug 24, 2010 8:01am Aug 24, 2010 8:01am
Quoting ukdaytrader
Great trading Pip Chick.
Well TY UK. Nice seeing you
  • #231,030
  • Aug 24, 2010 8:07am Aug 24, 2010 8:07am
Quoting PipChick
Well TY UK. Nice seeing you
..
  • #231,031
  • Aug 24, 2010 8:14am Aug 24, 2010 8:14am

Quoting Piters
..
  • #231,032
  • Aug 24, 2010 8:26am Aug 24, 2010 8:26am
So if the news is bad who expects the bad news bull to come charging out of the gates snorting fury?

Haven't seen him around in a while but you have to know he is there lurking. It may be that he won't show but I don't think I want to walk in his pasture anymore even if I don't see him.
  • #231,033
  • Aug 24, 2010 8:26am Aug 24, 2010 8:26am
When I noticed double top in GBPJPY early this month on both H4 and D1, I posted two charts on this tread on the likely areas (indicated by the yellow boxes on the charts) where the double top is likely to take us. From the look of things, we are heading to 126.739. If we get there, I will re-evaluate where we may likely go next. Everything is in the chart

Happy trading!
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  • #231,034
  • Aug 24, 2010 8:39am Aug 24, 2010 8:39am
ActionForex has been calling 126.73 for some time as a pass through mark to 118.81.

" Intraday bias remains on the downside for 126.73 first and break will target a retest on 118.81 low. On the upside, above 130.23 minor resistance will turn intraday bias neutral first and bring consolidations."
  • #231,035
  • Aug 24, 2010 8:52am Aug 24, 2010 8:52am
Quoting PipChick
We could bounce from here. If not then 127.02 is the next target on the daily chart.
was nice call
pity ı was on the wrong side...
  • #231,036
  • Edited 9:19am Aug 24, 2010 8:58am | Edited 9:19am
not sure
- - -
sure
Originally Posted by PipChick
„We could bounce from here.“
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  • #231,037
  • Aug 24, 2010 8:59am Aug 24, 2010 8:59am
Quoting plucker01
Naatha, are we still in wave 3 or just starting wave 4? I am not good at counting waves.
Elliots are overrated.
  • #231,038
  • Aug 24, 2010 9:27am Aug 24, 2010 9:27am
Nice to see old faces... I remember the days we'd chat on Y! messenger

Quoting PipChick
We could bounce from here. If not then 127.02 is the next target on the daily chart.
check out my blog: forexmademillionaire dot com
  • #231,039
  • Aug 24, 2010 9:42am Aug 24, 2010 9:42am
Quoting Geppy
Nice to see old faces... I remember the days we'd chat on Y! messenger
Ooh, look at me. I'm friends with Pipchick.

Would be different if she was called Nigel from New Jersey.
















  • #231,040
  • Edited 10:31am Aug 24, 2010 9:45am | Edited 10:31am
just a possibility
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