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Infinity replied Mar 6, 2008We were in this ride from yesterday. Aint it just lovely
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Mar 5, 2008
I think it will go near there before going up. 206 looks a very attractive buy.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Mar 5, 2008
50ema and 100sma crossed up on the 1h chart. I think bulls will come in hard around at the 205.88 to 206.10 area.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Mar 5, 2008
4h 10sma @206.10 may be reached before turnaround.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Mar 5, 2008
A nice pinbar shaping up. I was looking at it too but waiting on candle to close before making a move. 206 looks probable before 208.5. Let price action be our guide. Bless
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Mar 5, 2008
There are many things at 206: 15m 50ema 1H 100sma 4h 5ema 50% fib from todays move up I think we will see 206 before up again
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Mar 5, 2008
207.75 should be strong resistance for today. If it breaks hard, 208.5 is close.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Mar 4, 2008
4h looking very bearish right now guys so be careful with longs. Remember the basics........."trend is your friend".
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Mar 3, 2008
I agree. However, I am just looking at short pattern trades at the moment and I think we will have more bearish movement before a bigger retrace up. Lets watch price action and see. Bless
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Mar 3, 2008
You plan YOUR trade and trade YOUR plan
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Mar 3, 2008
I think upside will be limited to 205.4 -205.5 for now. If it breaks through that convincingly I will be thinking long on a dip. Lets see.....
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Mar 3, 2008
This looks more interesting to me than the previous 1h close. Lets see what happens anyway. Bless
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Mar 3, 2008
Good strategy to have in the arsenalAuslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied Mar 3, 2008
I think this will be bearish at least for the next few hours if not more. Bulls look exhausted for now. Remember guys, the trend is down on this pair right now so be careful going against it.
Auslanco - GBP/JPY and GBP/USD (newstrade)