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Raza replied Jun 15, 2009Dont know about the other TFs.. BUT INDICATOR such as RSI is acting strange.. on 15 m TF... This much fall 98 pips and it did not go down ..??? This is very strange... some thing is not right.. other TFs ARE OS except for daily and monthly...!!
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 15, 2009NOW lets see got the longs out.. Time For a Healthy retrace.. probably 50% of the fall.. 200- 300 pips... ImO.

Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 15, 2009I think your final target will hit today in this session....It WILL BE GOOD TO GO LONG FROM 156.50 area..imo This is a kinda tanking I have not seen for a while.. congrats.. DON.. Grashid ( MAN I wanna vouch for you guys but cant,, I my self need to ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 15, 2009Thanks every one for your kind words.. Thankyou.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 15, 2009This is manipulation by different brokers.. My 4 Hr looks like a hammer not a doji...UNLIKE YOURS... Whats up with that. ??? Price even opened above it.. yours I believe open below...
1 hr has an evening star doji,, BTW..( I dont even know if ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 15, 2009Was waiting for YOUR UPDATE.. 4Hr did not close as a Doji.. instead Hammer....??!! Or a pin BAR...!! If it continues to go down further.. the areas for Bounce or Reversal.. would be 158.70 or 157.78( this was last weeks open)... These are thE 50% ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 14, 2009Sorry what I said up there about Coiling Triangle is not valid .It could become a Penant. Higher Lows and Lower Highs... ... In an uptrend.. if forms is called a Pennant.. its not a Wedge or a triangle... So as long as its making higher lows. It ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 14, 2009Thanks for the support. She is having an operation soon.. So I am going to see her... You never know what can change in your life..
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 14, 2009Your short might be safe!If it goes down. 159.93-83 area would be a good place to go long..depending on the Divergence on 15M tf. At 159xx divergence should be Bullish!! Also this area 159xx is going to be a good place for a trap for people ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 14, 2009Seeing the morning Doji on 1hr...I am expecting one last push up.Double top or Higher 163xx - 164 area. there is no Doubt that it should retrace.. expect fake outs for traps (specially to the downside). Trap the sellers for 300 - 400 pips.So be ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 14, 2009This again looks like a Bullish wedge in An up trend..IMO I think we will have a Gap to the upside this Sunday!! IF ANY. Doji we see on 1 hr. looks like a Morning Star!! Best to trade the break out , whichever direction. This week I am looking for a ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 12, 2009Here is the Other Alternate scenario, which doesnot make sense to me.. yet..
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 12, 2009This one explains where the trend lines...coming from.. Blue one is WEDGE.. price will keep testing the broken wedge line to go Higher.. IMO KEY word is YEN SELL OFF!! regardless of the news.!!
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 12, 2009Here is one of them.. Criticism Welcome!!

Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 12, 2009Thanks for Confirmation.. Charts are still Bullish. You should post more at least on the Weekend my friend.. learned a lot from You in the past.
I have a sensible plan for next Week and on. I will post that later this week end.. before ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 12, 2009May be a doji... A Blue one... its friday last hour of trading.. Dow only down 12 points.. and G/J went down 200 pips... hmm... so .. guess better to trade on sunday.. Have a good week end..too I am long .. targetting 162.30
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 12, 2009My friend count is for wave4 .. mentioned before with chart.. No more than 150.50-- 151xx zone ..Then back to 167-168 area.. today ..close should be around or close to 163xx.. slightly higher than the last high.. then a fall.. then you will see a ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 12, 2009I should forget stock market.. and pick up Dozen TOO.. Can just live off the rent.. Are houses cheaper than the car??.. MY HOUSE IS $500,000 + here. or sell it before it is worth $5000.00. Thats pretty sad bro..
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 12, 2009
.. Ok if it ever went down that low .. I will move to england... and say Hello to the Queen.Auslanco - GBP/JPY and GBP/USD (newstrade)