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MoForce replied Oct 30, 2007sweet... I'm not the only one short on G/J
Well anyway... we are about 8-12 hours away from officially finding out where this pair is gonna go over the next several weeks... we got a little rising wedge that's formed and I'm looking for a break ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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MoForce replied Oct 29, 2007The best thing to do is to have other charts of the same pair open and see for yourself.... usually it is bad luck, but I believe brokers can see your orders... I doubt they can change the price much though other than the occasional spike (which BTW ...
Can Brokers Really See Us???
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MoForce replied Oct 29, 2007I've got some exciting news for USD/CAD! We may be close to having a reversal based on fib basics... over a long period of time U/CAD is less than 100pips away from the 262.8% level you see here... this is around 0.9485. Oddly enough... G/U is ...
CHART Reading for serious traders
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MoForce replied Oct 29, 2007And my charts are still working very well for me...thankfully
We currently hit strong resistance (the yellow line we just hit) and G/J is OS at the moment so I'm expecting a fall to that 50% retracement line at the least which is now major ...CHART Reading for serious traders
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MoForce replied Oct 28, 2007The trend is still an uptrend whether you believe it or not...and current momentup is biased towards the upward/sideways direction so it's best to wait it out. I might open a small position when conditions are right
Auslanco - GBP/JPY and GBP/USD (newstrade)
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MoForce replied Oct 28, 2007NP
... I've still got my longs on this pair from when it bounced off that line the last timeAuslanco - GBP/JPY and GBP/USD (newstrade)
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MoForce replied Oct 28, 2007The reason is this chart...although I'm not gonna short G/J I'm still expecting some kind of move downward. As you can see that 50% retracement level is proving to be quite the resistance level and that 1st yellow line to the downside is quite the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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MoForce replied Oct 28, 2007
well I'm expecting 233.40 and a rise from there....coz I'm quite bullish for this week and until the rest of november. G/J failed to crash so that means it isn't time yetAuslanco - GBP/JPY and GBP/USD (newstrade)
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MoForce replied Oct 26, 2007Here's an update of the chart setup I've been using....as you can see that 50% retracement level shown has proven to be a strong resistance level for upward movement
CHART Reading for serious traders
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MoForce replied Oct 25, 2007Thanks! Yeah I used to rely on indicators, but not anymore... using simple S/R lines, fib retracements, and trend lines are the way to go.
CHART Reading for serious traders
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MoForce replied Oct 25, 2007I'm seeing G/J going much further... current range is 236.5-233 and as time goes on it's pushing upwards...1st trading day of next week it'll be 100pips higher at 247.50-234
Auslanco - GBP/JPY and GBP/USD (newstrade)
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MoForce replied Oct 24, 2007Here is a continuation of what I've been seeing on the charts which has worked out absolutely perfectly so far
I'm expecting G/J to rise to the top upward moving yellow line, but we may see an attempt at the 2 closest lines to the ...CHART Reading for serious traders
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MoForce replied Oct 24, 2007My support/resistance lines are working very well for me =P I made these a while back too
Auslanco - GBP/JPY and GBP/USD (newstrade)
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MoForce replied Oct 23, 2007Going short.....what a perfect setup right here
My 1st target is the 1st yellow line closest to where we are to the downsideAuslanco - GBP/JPY and GBP/USD (newstrade)
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MoForce replied Oct 23, 2007Yes!!!! Got so many pips going long....

Auslanco - GBP/JPY and GBP/USD (newstrade)
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MoForce replied Oct 22, 2007Time for a nice correction....I'm aiming for the yellow lines to the upside

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