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- rgitt05 replied Dec 10, 2008
If this BS rally breaks the 138.50 level R2, — than I have the 141 range the next strong resistance on the 1hr GJ chart..

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 10, 2008
If the BS rally is convinced about this bailout than the 141.00 is the next level — Look at the Daily chart... This market PA can do anything to shakeout the shorts... The daily TL is still holding...There is still room on the upside until 141 ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 10, 2008
Wait and see..My crystal ball is not working now...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 10, 2008
Please show me your chart for 143...The daily chart TL is holding and the weekly is screaming bearish....
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 10, 2008
You maybe right if the feds decide to give the Little 3 the full amount which I doubt...The daily RSX may break down...
Trade the charts....Bias is negative so far... Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 10, 2008
More PA until 2pm because of the US budget..
Than start trending down for a nice ride to a new low based on the fib from the daily chart I posted.. Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 10, 2008
60min GJ chart — TP at the 138.50 R2 and 50EMA..

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 10, 2008
Trend is your friend — Any questions?

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 10, 2008
I think you forgot the zeroes Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 10, 2008
4hr GJ chart — PA approaching the 50EMA and R2 at 138.50 TP

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 10, 2008
Where are neebies coming from with these guess without chart? I hope you are trading a demo.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 10, 2008
Please show a chart and what fundamentals?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 10, 2008
60min GJ — I don't see this going any higher than the 200EMA and the R2 138.50 range.. A small retracement before ranging back down to a new low this week. IMHO..

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 10, 2008
Bailout — The US House of Representatives could vote on the $15B auto bailout as… early as today afternoon according to news reports url I think this bailout deal is bearish for the market...Overall, I am waiting for a higher position to ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 10, 2008
30min GJ chart — PA in the past shows the 138.50 was a support and now it is a Resistance. The 30min TL is still holding...I project the 138.50 range for TP before a reversal...The bailout news is a big disappoinment( No full amount loan)...No ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 10, 2008
Daily GJ chart — The Daily trendline is still holding... HD ? Will it playout soon? I am still bearish.... First TP at the 138.50 area, than if the daily TL breaks than 141.00 range at the daily gann..

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 9, 2008
30min GJ chart — I have my TP around 138.50 range if the RED TL holds. Good Luck..

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