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- rgitt05 replied Oct 1, 2009
KABOOM setup — I guess all the bad news is out 4hr Trendline broken Time to KABOOM!!!
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 1, 2009
Bored as hell with this
Price action..The market is waiting on Stupid Ben and the unemployment claims..Overall, I got some rest for today crazy
day I know Ben will be 
to the people again today about the economy. Record ...Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 1, 2009
Don't try to understand it.Look at the higher TF and it is all bearish. Market is taking advantage of China holiday.. Mark up special.. I am still selling rallies based on higher TF Scalping in the mean time to collect the short rallies
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 1, 2009
Well it depends on what your style of trading? Everyday have it different price action..The market is consolidating for the NFP friday and slowly trending upward on the 4hr chart..When I said selling rallies, I mean on the higher TF..I swing ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Oct 1, 2009
4hr GJ retracement — Since monday the PA been rising slowing everyday on the 4hr chart. If the R1 breaks than a full retracement will happen to the 147 area before a drop. IMHO Trade your charts
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 30, 2009
Hi GodfreyH, Welcome Back, I thought you found the " Holy Grail" and decided to stop posting.. Thanks for the indicator
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 30, 2009
I don't think I personally post to your question.. I am showing my chart. Anyway, here is a 4hr GU chart. Looks bearish based on the rejected 1.6100 resistance zone and TL Good Luck
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 30, 2009
Commentary: At 10:00 pm we have some pretty significant Chinese data due.....Manufacturing PMI with last months data coming in at 54.0. As you may have noticed in the past, Chines data can really set the markets in motion. With the Manufacturing PMI ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 30, 2009
4hr GJ chart — No indicators needed!! Trendlines,S/R,fibs is all you really need. Keep it simple The 4hr chart TL is holding. BIAS is bearish Good Luck
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 30, 2009
So far, PB was expected to test the overall hr TL.. If the TL holds than bias short term is bearish.. Still selling rallies. Updated chart
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 30, 2009
PA =Price Action PB= Pull Back
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 30, 2009
What fussy charts are you using?
QUOTE=OrionsWay;3106406]approximately 175 area by first cpl weeks of december
[/QUOTE]Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 30, 2009
It may dip to next support levels but the major PA may not happen until friday because the Non-Farm Employment Change at 8:30am.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 30, 2009
It may consolidate first and pullback before the drop during asian time or before. Good Luck
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 30, 2009
1hr GJ perspective — The hr TL broke and PA trying to PB into the trend. Bias is bearish anyway.. Selling all rallies
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 30, 2009
Sure it will take time..If the GY drop to zero than we would have nothing to trade.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 30, 2009
Watch GOLD — I've been buying all dips..Gold is trending wonderfully.. Bounce real hard !!!!
Auslanco - GBP/JPY and GBP/USD (newstrade)
