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Raza replied Jun 4, 2009Hope it is what we are seeing..No TRICKS this time.. tell you truth.. i see bullish diversion.. may be for few pips.. so I am long from 155.84.. stop at BE.. 30- 50 pips I am out.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 3, 2009Something does not seem right..4Hr pin bar... ALONG WITH THAT bullish diversion on all TFs..


Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 3, 2009I dont even know what I am talking about??
I see the flag broken.. trying to figure out 4hr pin bar..also know as Grave stone doji. what that means..think its not good for Bulls.Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 3, 20094HR is forming a Pin BAR... or Grave stone Doji..(have not seen these for a long time)... Not good for BULLS.. 147.20 retrace is possible.. Dont know what that means.. who died defending their territory.. bears or bulls... confusing cause this is ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 3, 2009Dont wait for the home run... Take what you can..in this kinda Market till there is Clear direction... humble advise. Bank some pips might need them for Draw downs. 30 pips a day can keep MR.Margin away.. By the way..WHO VOUCHED ME.. THANKS . ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 3, 2009Reversal targets..I strongly agree with you..150xx 151xx .. but i would prefer if this touches 158xx.. first.. lets see what happens..in few hours. Keeping in mind that 155xx level was a important Fib level.. we all were talking about for ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 3, 2009I noticed that 2 days ago.. my RSI.. oversold..also at the level , when price was at 215xx. Read about it.. what I understood is it can stay OS . and the price will keep advancing.. even if it is going down.. a slight drop in price.. and you will ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 3, 2009Some thing to consider..Focus on FIB levels. This chart looks like its a Cup in the making.. sooner or later it will have a Handle.. huge cup should have a bigger handle as well. Look at the Fib CONFLUENCE AREAS. I am staying Bullish till 61.8% ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 3, 2009I was right about this bullish divergence at the right turning point.. gave me 70 pips atleast ..so far..Lets see How this Daily candle closes in 15 mins.. Hope its not another Doji.. If It FALLS BELOW 154.70 ... NEXT MAJOR SUPPORT should be at ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 3, 2009You see divergence on charts.. I combine price+ RSI ... iT is difficult to say What Divergence it will play out first.. Hidden bearish.. or just regular Bullish first..
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 3, 2009If you look at the wave count on Hourly. this is the third wave down..It seems like it is limited to 155.69.. we should see 4 wave UP.. then 5 wave Down.. limited to 154-153xx level.. continue 400-500 down .I dont know.. time will tell. 155.69 is ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 3, 2009Something like that..there are levels where price will stall.. 156.82... then 157.92..158.72... lowest for now I SEE IS 154.92.. I am no sychic.. this is what divergence is saying.. could be wrong.. use proper MM. for going short or long..
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jun 3, 2009Be careful shorting this yet...We still have bullish divergence on all TFs.. WEEKLY IS making a nice pin bar..or An Evening Star Doji. But this we will find out end of the week by friday.. Price should go to 151.xx level to make an Evening Star.. or ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied May 29, 2009My broker has a glitch. cant open my platform. Can some one please tell me if price when it spiked at US open..to 1.4134.. did it retrace to 1.4085.. and below.... I KNOW IT CAME TO 1.4086.. IT SEEMS LIKE IT WENT HIGHER BY CLOSING. please let me ...
EURUSD
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Raza replied May 29, 2009could go up tp 156.76.. this 4hour, There should be a long Big RED 4hr CANDLE coming up soon..
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied May 27, 2009It also looks like H&S formation.. 150 pip drop is expected... but again trade your charts
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied May 27, 200915M pin bar . hammer.. 4 hr doji... retrace is imminent to 151.47.. ImO.. THEN OPPORTUNITY TO BUY TILL 153.96..
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied May 27, 2009On 4 HR we have a hammer ..should be reliable..
Auslanco - GBP/JPY and GBP/USD (newstrade)