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Infinity replied May 15, 2008A close above 204.2 will nullify this though....
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 15, 2008
My charts say down 203.3 then up 204.95 or above then down to hell... but it could be wrong. Bless
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 15, 2008
Daily, 4h, 1h and 15m all bearish on gj.However, I see this going down to 203.3 (1h 100sma) in the next hours and then I have a feeling it will bounce up from this area to retest the yesterday's highs and possibly break higher, based on the dow ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
I agree- Infinity replied May 15, 2008
If you don't use TA, don't trade the beast or forex for that matter. What is "logical" in your mind may not be "logical" to the markets.You cannot trade these markets soley on news reports.... price action is king in this world....
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 15, 2008
The daily does look set for a massive drop soon...... wonder how it will close today
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 15, 2008
Be careful of targeting below 203 right now. A break and close below it will be very good for shorts but it may well hold up. There is the base of the 4h trendline there and also 1h 100sma. Congrats to all who shorted at the top and held...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 14, 2008
4h shows a bit of indecision but it looks as if a big drop is near.....
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 14, 2008
simple day chart showing recent channels and 50ema.....
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 14, 2008
I'm not sure what you mean...but in Jamaica, that word means arse.Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 14, 2008
Very well said
Newbies must read these posts till your eyes bleed:nerd: There is priceless information and advice in these forums that you will not get at any "Forex University" or $3000 course.Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 14, 2008
My profit target was just hit 204.35. I may re-enter later but for now I'm out. I will reevaluate after interest is paid....
BlessAuslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 14, 2008
google "image hosting" and you will find a few.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 14, 2008
It could go lower but I will watch how price reacts in this area as the 4h 5ema and 100 ema are both there...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 14, 2008
I have been trading gu all day........so sweet..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 14, 2008
There is a triple top on lower timeframes on gj. I just went short 204.66 for a short scalp to 204.35 where I will be looking to long...
Auslanco - GBP/JPY and GBP/USD (newstrade)