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- peaches replied Jul 16, 2008
tommorrow (thursday) i see a bit more bullish for USD, but after this, there are bears in play. eur/usd 1.60 will be taken (maybe)
yen will grow stronger after this, yen crosses drop again. so, usd/jpy bulls are very limited in my opinion. Agree ...Daily candle chart
- peaches replied Jul 16, 2008
Hi mike, nice to have your thinking, I see possibly closing bearish engulfing monthly (also on GBP/JPY), but there are a few days to go.
It might be wise to wait for bullish confirmaton (105,30 for example), and the bulls are limited, because on ...james16 Chart Thread
- peaches replied Jul 16, 2008
im still learning. have not expected that.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peaches replied Jul 16, 2008
ej was sleeping the whole day, no it starts retracing. cracy.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peaches replied Jul 16, 2008
talking about pinbars?
but wait for daily close, and tight SL.Auslanco - GBP/JPY and GBP/USD (newstrade)
- peaches replied Jul 16, 2008
there has been no retrace on this one, i noticed this with surprise. 165,400 is resistance, if price goes trough it, we will have more lows. but the retrace...

Auslanco - GBP/JPY and GBP/USD (newstrade)
- peaches replied Jul 16, 2008
well...my experiance is to wait for confirmation, before short....
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peaches replied Jul 16, 2008
100 % agree ! but 207.500 at end of the monthly would be enough for me. This would form a bearish engulfing monthly candle. Just dreaming....

Auslanco - GBP/JPY and GBP/USD (newstrade)
- peaches replied Jul 16, 2008
i will tell what my indicators says, in 3 hours

Auslanco - GBP/JPY and GBP/USD (newstrade)
- peaches replied Jul 16, 2008
seeing by eye is good, but i have not the skills like mr. nison. I trust my indicator for pinbars :-)

Auslanco - GBP/JPY and GBP/USD (newstrade)
- peaches replied Jul 16, 2008
thats interesting and it´s always good to think in both directons. but, we have seen a ranging market for weeks. This range is broken to the downsite. We are not at 214, 215, 216 now. I look at other yen-crosses, they behave the same way, so the yen ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- peaches replied Jul 16, 2008
good entry for bull in a downmarket
would be 205.800 (!) price now is at the 61.8 retracement of this day on my chart.Auslanco - GBP/JPY and GBP/USD (newstrade)
- peaches replied Jul 16, 2008
since 2,017
but its a good entry, i think, maybe a bit more confirmation. 2,0265Auslanco - GBP/JPY and GBP/USD (newstrade)
- peaches replied Jul 16, 2008
lilmoe. i can´t see a valid pinpar, the upper shadow is too long. but a run to the pivot on wednesday is possible. Would be i nice place for short 
Auslanco - GBP/JPY and GBP/USD (newstrade)