im getting ready to sell GJ at 134.74
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #233,961
- Feb 15, 2011 5:35am Feb 15, 2011 5:35am
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- #233,962
- Feb 15, 2011 5:45am Feb 15, 2011 5:45am
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you just had an entry right at london open on euro.
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- #233,963
- Feb 15, 2011 5:48am Feb 15, 2011 5:48am
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I don't think GU is crazy, I think if this gartley pattern work out plus BullDiv in H1 TF , we could expect 1.61 again, let's see, so far $ index is showing weakness:
GU H1:
Attachment
$ index H4:
Attachment
Jhon
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- #233,964
- Feb 15, 2011 5:50am Feb 15, 2011 5:50am
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I'm not an € expert, but, I know few things about candlestick patterns, the morning star + confirmation is powerful reversal pattern, so, be careful shorting this.
Attachment
Agree don, my daddy taught me about morning star pattern, but he told me about a hanging man pattern, powerful, look $ index daily chart:
Attachment
Sorry for posting this here, but $ is the vedette of the FX markets!
GU is breaking the bull flag now
GJ is heading to 137 first:
http://www.forexfactory.com/showpost...ostcount=11047
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #233,965
- Feb 15, 2011 5:51am Feb 15, 2011 5:51am
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- #233,966
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- #233,967
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Markets are not Random, they are designed!
- #233,968
- Feb 15, 2011 5:55am Feb 15, 2011 5:55am
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Hi Jhon
so will we expect reverse now ?
Look at this chart, is GBP index, next resistance around 2.71, so, no big pull backs for now in the pound, maybe a test of the BO area is expected in cable and Geppy.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #233,969
- Feb 15, 2011 6:01am Feb 15, 2011 6:01am
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"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #233,970
- Feb 15, 2011 6:03am Feb 15, 2011 6:03am
- | Joined Jan 2009 | Status: independent mind | 1,104 Posts
Hi M! No, don't dare to short that sh!t now
Look at this chart, is GBP index, next resistance around 2.71, so, no big pull backs for now in the pound, maybe a test of the BO area is expected in cable and Geppy.
Attachment
- #233,971
- Feb 15, 2011 6:05am Feb 15, 2011 6:05am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Thanks a lot bro this is good view !
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #233,972
- Feb 15, 2011 6:05am Feb 15, 2011 6:05am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
Hi Raza! Technically € is weaker than the pound, so, I'm trading the pound, but, € index is right now on support, so, is bouncing from there, do the math
EU = €/$, so, EU= 2.29/1.66 = 1.37 probably
Check the indexes and tell me what you see.
MY OPINION NOT FINANCIAL ADVISE
- #233,973
- Feb 15, 2011 6:09am Feb 15, 2011 6:09am
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- #233,974
- Feb 15, 2011 6:28am Feb 15, 2011 6:28am
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What the hell are you talking about?...Where do you learn to draw Equidistant Channel like this? 
Channel
- #233,975
- Feb 15, 2011 6:33am Feb 15, 2011 6:33am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
What the hell are you talking about?...Where do you learn to draw Equidistant Channel like this?
ohhhhh
MY OPINION NOT FINANCIAL ADVISE
- #233,978
- Feb 15, 2011 6:43am Feb 15, 2011 6:43am
- | Joined Jan 2009 | Status: independent mind | 1,104 Posts
What the hell are you talking about?...Where do you learn to draw Equidistant Channel like this?
and what are you laughing at Don ?!
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- Feb 15, 2011 6:44am Feb 15, 2011 6:44am
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