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RoWkIlLa replied Oct 18, 2007Tomorrow is the anniversary of the 1987 Black Monday! Will that have any negative effect on the DOW? (Making GJ drop)
Auslanco - GBP/JPY and GBP/USD (newstrade)
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RoWkIlLa replied Oct 18, 2007Can someone tell me if this is a valid wedge? If so then according to wedge rules, when it breaks the target would be around 230.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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RoWkIlLa replied Oct 18, 2007I have it at 236.90. It seems GJ broke its 15m 50ema but UJ hasnt broken yet
Auslanco - GBP/JPY and GBP/USD (newstrade)
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RoWkIlLa replied Oct 18, 2007Touching the 15m 50ema, lets see if it breaks
Auslanco - GBP/JPY and GBP/USD (newstrade)
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RoWkIlLa replied Oct 18, 2007238.80 will be hard to break, lots of fibs in there and the previous high only touched it for like 10 seconds
Auslanco - GBP/JPY and GBP/USD (newstrade)
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RoWkIlLa replied Oct 18, 2007GU has a trendline and a 50ema to break before going any lower
Auslanco - GBP/JPY and GBP/USD (newstrade)
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RoWkIlLa replied Oct 18, 2007Wow so much confusion with time zones lol GMT = EST + 5 It is right now 17GMT
Auslanco - GBP/JPY and GBP/USD (newstrade)
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RoWkIlLa replied Oct 18, 2007Just wondering, are all those shorts 3% trades?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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RoWkIlLa replied Oct 17, 2007I was talking about the 1hr 50ema which is an important MA and it was the open of the 21-22(GMT) candle, and according to what I learned about candlestick patterns if after a hammer/spinning top the next candle closes below the last candle open it ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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RoWkIlLa replied Oct 17, 2007Well the last 1hr candle closed as a hammer/spinning top, aslong as this next one closes around/below the 50ema shorts are safe.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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RoWkIlLa replied Oct 17, 2007This last retracement went back to the 4h 50ema, closing beneath it, so im guessing shorts are still safe
Auslanco - GBP/JPY and GBP/USD (newstrade)
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RoWkIlLa replied Oct 17, 2007Around 238.90 theres the 61.8% fib of the big Jul/Aug drop and also the 61.8% of this last move down.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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RoWkIlLa replied Oct 17, 2007From what I learned here GJ tends to follow the Dow.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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RoWkIlLa replied Oct 16, 2007oO doesn't the stock market open at the same time forex opens? (us open obviously)
Auslanco - GBP/JPY and GBP/USD (newstrade)
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RoWkIlLa replied Oct 12, 2007hmmm GU is touching the 5sma on the weekly, but the last weekly candle was a doji so it might break it and if he breaks next week it could go down this much
Auslanco - GBP/JPY and GBP/USD (newstrade)
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RoWkIlLa replied Oct 11, 2007Can someone help me with something please When drawing trendlines, where do I place them? shadows or open/closes? Thanks
Auslanco - GBP/JPY and GBP/USD (newstrade)
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RoWkIlLa replied Oct 9, 2007lol yes I didn't mean it would only continue in the next hour, simply that this retracement was possibly over I believe it will hit 235.50-236 atleast
Auslanco - GBP/JPY and GBP/USD (newstrade)