Where is Lilmoe with his USS Crapper!!!!! first target for Geppy is 206.30 4hr GannHiLo!

Auslanco - GBP/JPY and GBP/USD (newstrade)

In fact public discussion the exit strategies will be much appreciated by a lot of silent viewers of this thread, and I think i am speaking just for myself!!!

Auslanco - GBP/JPY and GBP/USD (newstrade)

Looks like the retrace has been completed - touched the 61.8 fibo level from the yesterdays move up. Now since there are going to be hollidays on monday w will not see any dramatic movements neither up or down. IMO the range will be on untill ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

1H Candle just touched the Gann HiLo closed my shorts from 204.10 will see what future brings us!

Auslanco - GBP/JPY and GBP/USD (newstrade)

If you take a look back the 204 is a very strong historical S/R level. So my bet is that we will dance limbo around this level untill the GBP news tomorrow! Just my 2 cents.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Thank you! :nerd:

Auslanco - GBP/JPY and GBP/USD (newstrade)

Karm, can you tell what settings are you using on the momentum?

Auslanco - GBP/JPY and GBP/USD (newstrade)

That is it for today IMO, but I could be wrong. Also 4 consecutive 1H candles failed to close above 200EMA (bold red line). I guess the retracement time.... called it couple of hours ago!!!

Auslanco - GBP/JPY and GBP/USD (newstrade)

Interesting — I guess we will have to wait for more good news to break all those resistance that are indicated by the RED line on multiple time frames. So here comes the Scalping time and more profits to us!!! PS and DOW is not helping ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Look at that Third 4 hour candle failed to close above the 30 EMA....I think I am taking a chance to ride this baby down now. Anybody else on board - your opinion appreciated....

Auslanco - GBP/JPY and GBP/USD (newstrade)

Looks like DOW is keeping this baby from completing its retrace to 50% or 61% fibo from the last move UP. Well IMO we just have to get some Karmos Patience Pills and wait for US boys to finish their day!!!!

Auslanco - GBP/JPY and GBP/USD (newstrade)

Dow is Climbing GJ on the stand still mode??? Any one can comment??? IMO I think that this resistance can be taken out only with some good news.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Some tought resistance....

Auslanco - GBP/JPY and GBP/USD (newstrade)

What kind of a rollercoaster ride today is??? Can this thing just pick a direction and go there.....

Auslanco - GBP/JPY and GBP/USD (newstrade)

Room to go down — This beast still has the room to fall down unless ofcourse it will fail to close below the 50 EMA on the 4 hr chart in two hours. Just my 2 cents.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Probably not, the news were not that significant....... but if it does I will be one happy trader!!!! In fact I think that it will stay on the same levels untill tomorrow News Show down!

EURUSD

2008.04.29 14:00:13 S&P/Case-Shiller Feb 10-City Home Price Index -13.6% On Yr 2008.04.29 14:01:26 S&P/Case-Shiller Feb 20-City Home Price Index -12.7% On Yr The news are kind of not positive for the USD zone but it has no effect on EUR??? Everybody ...

EURUSD

News — 2008.04.29 13:55:16 Redbook: US Retail Sales First 3 Weeks April -1.5% Vs March

EURUSD

Up movement — The price has just broken through a short downtrend on 1Hour TF. So it may go up to 1.5678 at least, with a short break of 1.5648 30EMA on 1H chart IMHO, do not consider this a trade call, but comments will be appreciated.

EURUSD

here is the link with the explanation!!! url Daily pivot is 1.5620

EURUSD