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- rgitt05 replied May 12, 2009
Gold is falling — If the Gold breaks the R1, than GJ should shoot back up...

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied May 12, 2009
Stuck between Daily and Weekly Pivot — Once the PA breaks out of the Red box than there should be a clear bias direction where GJ wants to go..

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied May 12, 2009
15min GJ perspective — The PA bounced off the Weekly Pivot and the future DJ is weaken.If the Daily Pivot holds, than maybe around this area would be a nice setup for a long.. If the Daily Pivot breaks, than 143.50 will be my target on the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied May 11, 2009
You converted him into VSA.. I guess he couldn't ignore no more of the volume sh-t..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied May 11, 2009
China Trade Balance is due out in less than 15 minutes and the market is gearing up for a bad number as evidenced by the lower EUR/JPY..Keep an eye out come 10 pm

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied May 11, 2009
Daily GJ perspective — It looks like the GJ PA is heading toward the 145.50 R=>S. If this level breaks than the Daily TL at 143.50 will be the key level to possible buy for a swing trade if the overall TL holds. Whatever Ben said earlier the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied May 9, 2009
You are right about GU cycle possibly topping out at the 1.5380 area and GJ following the PA..However, the overall trend is still bullish until the daily TL breaks.. For me 1000 pips is alot when you are trading with a big position.. Scalping is ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied May 9, 2009
Well Malcolmb, Look at the fundamentals since Jan. '09 and things was a lot worst than and the GJ was around 118 lows...Now DJ is recovering ..I see more correlation each month between GJ and DJ.. Anyway, I will continue focus with my swing POV for ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied May 9, 2009
That is when the world end....LOL
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied May 9, 2009
Very well said... Nice charts.. Follow the trend and watch the PA toward the S/R.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied May 9, 2009
Lower TF gives you more mixed signals for the overall direction bias.. Look at the higher TF for overall direction.. Friday's PA most of the time is over by the afternoon unless some significant news is expected over the weekend ... My charts been ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied May 9, 2009
It works on lower TF but you will get more signals..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied May 9, 2009
My GJ forecast for the month of May — Since the mid-Jan.'09, the PA bounced off the lows of the 118 and climbed to the 151 resistance with a steady trend upward.. The past several weeks the PA tested the 151.00 resistance zone and dropped to ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied May 9, 2009
Thanks for the clarification...:nerd:
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied May 9, 2009
GJ daily perspective — Here is my daily chart. I usually buy on the dips near the overall TL.. Look at the green circles. The bias for GJ is bullish..Buy on the dips near the TL.. The last dip on the daily Trendline, I bought at the 141.00 ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied May 9, 2009
Next week, hedging is over May 15, if I read right from the webste.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied May 9, 2009
Here is a simple approach I use on a daily chart. If you can identify the overall trend on the daily chart, than buy on dips in that direction.. I wait for the two indicators below to match up by color with the HA candles before taking the trade.. ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied May 9, 2009
I bet GU fooled your bias on the lower TF...
Auslanco - GBP/JPY and GBP/USD (newstrade)