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- rgitt05 replied Oct 15, 2008
Head and Shoulders Formation on the 4Hr Gj Chart — If DJ rally from the feds, than maybe we are on the way up if this H & S holds. My long term target is 191.00 area if this rally holds based on 76.8 fibs. You be the judge!!

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 15, 2008
Federal Reserve Chairman Bernanke is due to speak at 1215ET... the topic will be the economic outlook and financial markets. Look for any hints as to whether the Fed expects to cut rates further to stir up some price action in the USD here. At 2 ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 15, 2008
The feds at 12:15pm again.. Fed Chairman Bernanke Speaks More BS B4 the freefall.. What can the feds say now that will move this market?

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 15, 2008
My daily GJ chart — Yesterday daily candle was pin bar (reversal) I see on my daily chart 178.85 Resistance. My TP is around 172.40 area if the news is bad. GU looks bullish so maybe GJ will BO of the R 178.85 and retrace back to 181-182. Good ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 14, 2008
I believe the news from GU 4:30am will push it down far enough to reach the H & S formation.. Wait and See!
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 14, 2008
It looks like an invert H & S but maybe reject off the 50% 173.70 area.. It is my opinion..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 14, 2008
My target on the 1hr and 4hr GJ chart — My chart shows a 50% retracement at 173.74 area on both 1hr and 4hr. This may happen during London time . This is my view of the charts..

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 14, 2008
My target is the 4Hr gann around 175 area..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 14, 2008
Still waiting on the Federal Budget Balance at 4pm...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 14, 2008
Pin bar on the daily looks pretty nice for a fast drop...The PA hit the daily gann and heading down unless Feds inject money in all the ppl accounts..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 14, 2008
You are right about injection of drugs..Party is over!! It needs grease on that slide to 165 ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 14, 2008
Hi PJkiller, I've been busy with other things..I checked the board several times a day.. I noticed alot of scalping on this board now..This GJ PA is crazy..You can only lockin profits as you go before a PB..This DJ market is not confident at all..TA ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 14, 2008
Federal Budget Balance changed to 4pm — Feds change the time from 2pm to 4pm..Classic freefall after the market close

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 14, 2008
Possible H & S Formation on the 1hr TF — The 1hr TF may form H & S formation.. There is no significant news today.. DJ will probably rally from 2pm news and GJ retrace until the 180 area and DROP ... You be the judge!!

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 13, 2008
The market is stalling because they are waiting : PAULSON CALLS 3 PM MEETING OF TOP BANKING HEADS Patience my friend...Buy on dips...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 12, 2008
wassup everybody — There will probably be big PA during London time..
url Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 11, 2008
The Zeitgeist — For those that didn't see this movie..It is a must to see if you want to understand the government operation for control of the world. 2hr worth of informative things about the government. url

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