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Raza replied Jul 17, 2009Your Stop loss is too Close..but as for Money Management not Bad..First target is 153.05 ,, next 153.21..I would suggest just scalp. Test of the broken line from the Bear Flag is around 153.50- 153.70
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 17, 2009YOUR TOP Chart is a broadening wedge.. This indicates. Break to the up side..We are going Higher .. INdis are getting to OS levels, May be.. just may be one more DIP.. to get the weak longs out 152.40..152.10.. Bullish Divergence on 15M .. 1 Hr ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 17, 2009Now Satisfied.. Wave count is right.
After friggin 5 Hours.. option expiry for stocks every 3 Friday at 4.00 pm.. CURRENCY AT 12.00pm. We can go up from here..IMO.. I am staying Flat.. its Friday.. No I am not just went long 152.74 for 20- 30 ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 16, 2009YES,, there are various ways of looking at it.. Best to trade the Break out.. or Scalp in between.. It is a Wedge,, I think.. I posted a chart 1hr.. I could be wrong .. you could be right.and VICE VERSA. . I will trade the chart not my ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 16, 2009In a DOWNTREND it breaks to the downside.. I think we are in Uptrend. image In up trend. FALLING WEDGE IN THE BEGINNING OF AN UPTREND (BULLISH) image I could be wrong..
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 16, 2009Another Way of looking at the Trendline. and Fibs. Note where 50EMA is 159.00 I am Buying Dips..
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 16, 2009Agree with you.. at 152.30 Divergence on All TFs will be super Bullish..imo Note we have a Falling Wedge. Break should be to the Up side. Or we Could have a Bull flag formed ..It can go to 155.25 first and then to 152.30 (Confusion).. Either ways I ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 16, 2009Hidden Bearish Diversion.. Looking to add on sell.. from --153.80- 154.00- 154.20( Daily Pivot) for 100pips.. target 152.83.. Buying from there.. Its not gonna go to 152.40.. or 151.18 (WEEKLY PIVOTS).in a straight line.. 15m Bear Flag in the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 16, 2009Yes ,, Thats a real deal... Hanging Man.. so that means US dollar will gain strenght again... Looks like a Tripple Top as well
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 16, 2009yup .. with low reliability.. COULD ALSO BE A hAMMER UP move will happen till the test of DAILY UPPER BROKEN LINE...imo image BEARISH HANGING MAN Type:ReversalRelevance:BearishPrior Trend:BullishReliability:LowConfirmation
efinitely requiredNo. ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 16, 2009Daily has a hammer.. Bullish or Bearish

I had been trying to figure out this Hourly pattern.. Flag? Pennant?,,, Wedge?? Dont know what 4 HR candle is trying to do?? I think we might just range here 154.00 - 154.50 till 4 Hr ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 16, 2009I thought you are probably FRUSTRATED from the market. I was too ..2 days ago when I sold G/J at 153xx thinking it should dip tp 152.50.. But F** ker took me for a ride of 220 pips.. I did not closed the trade but was ADDING more short... still in ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 16, 2009Yes I do .. loose .. Blown few account before.. then learned to manage money properly... now I do LOOSE .. but my winning are more.. I am not a star.. YOU are.
You are right about those F***ERS.Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 16, 2009

I wanted to
this morning.. when Divergence spotted.. didnot had time to quote.. Now Note Price is approaching 4 HR gann... touched it 3 times.. fourth time is going under.. How deep dont know yet.. but major resistence at ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 16, 2009[quote=donfriday;2878232] YES FIBS and Chart Patterns Helps.. Up a little bit Than Down.
Note 1 hr BOTTOM IS ROUNDING.. up side target 154.50-154.70..Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 16, 2009[quote=donfriday;2878218] YES FIBS and Chart Patterns Helps.. Up a little bit Than Down.
Note 1 hr BOTTOM IS ROUNDING.. up side target 154.50-154.70..Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 16, 2009Thats Why I dont even Bother with this Manipulated Volume Crap.. You really think They will provide you an Honest Volume?,, so you can make MONEY?? CHART PATTERNS & FIBS helps.. Its just A Bounce from 4hr GANN,, 1 hr 50 ema..
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 16, 20094hr chart, Major BEARISH divergence on 4hr Max I see can GO IS 155.65- 156.50 You can see a Symmetrical Triangle as well. Chart Slykyn Posted .. believe 6 hr. Can see a Falling Wedge,, meaning break to the upside..BUT down FIRST.. note if this 4 hr ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 16, 2009Hey , WAJID. I was trying to send you a PM. But you dont allow private Messages?? As for Trading.. Looks like it wants to go to 23%Fib.. from 147xx - 155xx, at 153.35 - 32.. and a little below.. I will buy at touch of a Gann 4hr.. Also at 1 hr ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 15, 20091 HR last candle EVENING STAR DOJI. This 15 M candle is important..We could get a 100 pip spike again..on HOURLY. Max I see is 153.52-- 153.69
Auslanco - GBP/JPY and GBP/USD (newstrade)