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Infinity replied May 12, 2008I am doing great Mike. Last week was ok, but I have had better weeks. I think this week will be good. I am thinking longs will be the order of the week but I am waiting on confirmation. Good luck this week my friend.
Bless
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 12, 2008
I will feel more comfortable going long, if we get a close above the red line..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 12, 2008
Well at least you took some off the table. Good job
I am waiting now on a convincing break and close above the 1h 100sma, which should provide a good long opportunity. BlessAuslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 12, 2008
You closed the short right?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 12, 2008
Look at the yen and the dow
If we get 1h closes like this it seems we will have some bullish action. If 100sma on geppy 1h is taken out, I will long on a dip. BlessAuslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 12, 2008
I took profit on my short at the 15m 50 ema
. Waiting for another opportunity....short or long....Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 12, 2008
The base of my previous trendline is around 203.8, which is also where the 1h 100sma is. This area should be tough resistance. I think upside will be limited to 204.20-50. Lets see what price does... Bless
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 12, 2008
Medical Warning..... Consult a physician if it holds north for more than four hours....
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 11, 2008
1h 50ema looks good at 202.20. Stochastics indicate more upside is there. A break and close above 201.42 will further validate this.....
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 11, 2008
My 4h chart looks like this........
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 11, 2008
Weekly chart is muy bearish, daily and 1h too. My 4h looks short term bullish and a 4h close above 202 could mean 204.20-40 is on the cards. I am only shorting rallies right now as I see 196 as a real possibility this week. Let's see how the week ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 9, 2008
...I also have an eye on this dow trend line. A close below it will be bearish for both dow and geppy, but if it holds, we could see 209 or higher again soon. However, I still think we will see 198 then possibly 196 before going above 209. Next week ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 9, 2008
Careful of itchy fingers syndrome, today is Friday.:timeout: Bless
Auslanco - GBP/JPY and GBP/USD (newstrade)