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- rgitt05 replied Mar 1, 2009
Here are the three support level that GU may bounce off S1 1.4162 S2 1.4008 S3 1.3906 It may be a bit off from other platforms depending on your broker.. I am more concern about the S2 level because if it breaks than the downward trend is confirm to ...
Cable Update (GBPUSD)
- rgitt05 replied Mar 1, 2009
I hope you are scalping because the short tern trend is still bearish. Good Luck...
Cable Update (GBPUSD)
- rgitt05 replied Mar 1, 2009
Here is the wave that will take the GJ down to 135-136.. video
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Mar 1, 2009
AIG board approves new terms of U.S. bailout — More bailout money again... url
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Mar 1, 2009
I am not a big fan of Wolfe Wave but you have a well explain setup..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Mar 1, 2009
It may test the red TL on the 4hr chart — It looks like the 135-136 will happen tonight or london time before a rebound. The daily chart ascending triangle is still in place and PA will probably bounce off the 50ema near the 135-136 area ( ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Mar 1, 2009
OT:not A Story But A True Incident — An Indian man walks into a bank in New York City and asks for the loan officer. He tells the loan officer that he is going to India on business for two weeks and needs to borrow $5,000. The bank officer ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Mar 1, 2009
The three day cycle seems to fit into the setup before thursday GU rate decision which will help support the breakout in three days on thursday. Most of the time the PA is priced in before the big announcement for major news . GJ is in a wedge and ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Mar 1, 2009
Hi Orionsway, What is your success with this software? Thanks
I do agree with the pullback for several days before the rally toward a higher level. The overall trend is bullish and pullbacks is mainly supply and demand.. Double top this past week ...Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Mar 1, 2009
Remember that GJ is bearish at the moment so it will pull GU down also based on the technical charts and fundamentals. Look at the 4hr GU Chart...(Consolidation 1.4090< X < 1.4660) It is ready for a breakout( Overall trend is bearish) The zig zag is ...
Cable Update (GBPUSD)
- rgitt05 replied Feb 28, 2009
Hi pkimnyc, IMHO, I believe we will have a pullback before the continuation upward bias.. Based on my 4hr chart, I see a pullback after three exhausted attempts to break the 141.60 zone since the beginning of the year.. This past week, the PA made a ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Feb 28, 2009
I am sorry Bren, I never posted without attachment. I hope someone can tell you on this FF board.. I know more about trading than using this FF board...LOL Pullback is expected as I stated on my last post Have a nice weekend..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Feb 28, 2009
4hr GU chart — This past week the PA stayed below the 1.4400 zone which I feel is a strong Resistance for now...I believe the GU PA will test the 1.4100 lows again. If the 1.4100 zone gives away, than downward trend is confirm toward the ...
Cable Update (GBPUSD)
- rgitt05 replied Feb 28, 2009
Pullback is expected on the 4hr GJ chart — Three times this year the GJ PA tested the 141.50-60 zone on the 4hr chart and daily chart ...REJECTED!!! Can this be the top for March ??? I see a pullback to the Green TL 135.00 zone this sunday or ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Feb 26, 2009
Swing trade to 1.3800 zone(78.6%) support Keep it simple..Trendline are your friends..They don't lie on higher TF Good Luck..
Cable Update (GBPUSD)
- rgitt05 replied Feb 26, 2009
Bad, bad joke, but for some reason, it totally cracked me up! — I had a bunch of Canadian dollars I needed to exchange, so I went to the currency exchange window at the local bank. Just one lady in front of me . . an Asian lady who was trying ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Feb 24, 2009
I am a swing trader so I've been in this trade for several weeks from 130.00 area. Good Luck
Auslanco - GBP/JPY and GBP/USD (newstrade)