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-   -   Auslanco - GBP/JPY and GBP/USD (newstrade) (https://www.forexfactory.com/showthread.php?t=40582)

Mysticdiver Feb 9, 2009 4:29am | Post# 158921

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I like your painting piters.


Daily chart, 140. probable if there's any continuation above fridays high http://g.imagehost.org/0661/wkly.jpg

this is a very easy system to follow. In the upper left hand corner, when the bull changes to a bear, its time to go short...this is a custom indicator I wrote myself.
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Mysticdiver Feb 9, 2009 5:03am | Post# 158922

The daily 5 sma has moved up over the weekend to 13426.
I have entered long @ 13550...I will add a secod pos @ 13650, and another @ 13750 looking for a TP of 140xx. S/L on first position 12979. once the additional long possitions have been entered, I will adjust s/l accordingly (depending on recent lows on chart).
Trading smaller positions, and adding to them when they are in profit, is something I have been doing for the last 6 months or so. It has been working out well, concidering the g/js volatility, as a way to let your profits run, and cut your losses if things don't go as planned. Cuts down on the stress too.
At the end of the week, all the little pips add up nicely
I no longer scalp the g/j, I leave the scalping to the e/u.
This is not a signal.

Mysticdiver Feb 9, 2009 5:15am | Post# 158923

The daily 5 sma has moved up over the weekend to 13426.
I have entered long @ 13550...I will add a secod pos @ 13650, and another @ 13750 looking for a TP of 140xx. S/L on first position 12979. once the additional long possitions have been entered, I will adjust s/l accordingly (depending on recent lows on chart).
Trading smaller positions, and adding to them when they are in profit, is something I have been doing for the last 6 months or so. It has been working out well, concidering the g/js volatility, as a way to let your profits run, and cut...
Correction...S/L @ 13279

Mysticdiver Feb 9, 2009 5:23am | Post# 158924

I have been getting PMs asking for my indicator...it was a joke

CoolTrader77 Feb 9, 2009 5:26am | Post# 158925

I have been getting PMs asking for my indicator...it was a joke

Norte Feb 9, 2009 5:30am | Post# 158926

I have been getting PMs asking for my indicator...it was a joke

FOURX Feb 9, 2009 5:31am | Post# 158927

I have been getting PMs asking for my indicator...it was a joke
nice one

dialpips Feb 9, 2009 5:41am | Post# 158928

can anyone the bearish hd on 15m. pls confirm. we might be retracing soon?

belekas Feb 9, 2009 5:47am | Post# 158929

Price channeling up towards dayly open at 136.40 Lets see what reaction we get there as it looks a resistance level.

Obaidah Feb 9, 2009 6:19am | Post# 158930

can anyone the bearish hd on 15m. pls confirm. we might be retracing soon?
i've closed my longs too early and waiting for a retrace to re-enter since then, i "guess" we might retrace in the comming 15 mins

edit: as a matter of fact i might not re-enter!

belekas Feb 9, 2009 6:26am | Post# 158931

Price channeling up towards dayly open at 136.40 Lets see what reaction we get there as it looks a resistance level.
Watching for price action around dayly open now.

Mysticdiver Feb 9, 2009 6:35am | Post# 158932

The daily 5 sma has moved up over the weekend to 13426.
I have entered long @ 13550...I will add a secod pos @ 13650, and another @ 13750 looking for a TP of 140xx. S/L on first position 12979. once the additional long possitions have been entered, I will adjust s/l accordingly (depending on recent lows on chart).
Trading smaller positions, and adding to them when they are in profit, is something I have been doing for the last 6 months or so. It has been working out well, concidering the g/js volatility, as a way to let your profits run, and cut...
Entered second long pos @ 13650...First long pos @ 13550... moved stop to 13350.

Mysticdiver Feb 9, 2009 6:38am | Post# 158933

Entered second long pos @ 13650...First long pos @ 13550... moved stop to 13350.
Watch closely, at top of channel.

fammira Feb 9, 2009 7:01am | Post# 158934

I am still short from 135,55 maybe I was too early, how do you see it?

bigcoupe Feb 9, 2009 7:02am | Post# 158935

My first order for G/J is long at 135 (DP) and long at 132.7 (which is both WP and the 5MA on the Daily). More than likely, if we make it down there, a long somewhere around 130 as well

FWIW, the order at 135 will be a small order, 132.7 long a medium size order, and the last one around 130 will be a small order.

SL somewhere south of 129

This is a call and so if I'm wrong, all can see if I won or lost pips. I will post when I close out or get stopped out.

Wish me luck
Took profit at 136.6 and am out for now.

B

demontaz Feb 9, 2009 7:37am | Post# 158936

I have a long @ 136.78... Lets see how it develops

Mr.Sabah Feb 9, 2009 7:39am | Post# 158937

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Just enter short at 136.70 no target but hope to get few pip
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OrionsWay Feb 9, 2009 8:00am | Post# 158938

I have a long @ 136.78... Lets see how it develops

This should have a lil follow through upto 139-40.50 GL

maybe could develop in a nice mt trade into 160's + by mid to end of april

giraia_br Feb 9, 2009 8:07am | Post# 158939

where can i see DX live without dealy for FREE? Only way i know is WHC (Broko) but people says that they have wrong quotes.

thanks in advance.

dialpips Feb 9, 2009 8:15am | Post# 158940

This should have a lil follow through upto 139-40.50 GL

maybe could develop in a nice mt trade into 160's + by mid to end of april
sorry, couldn't get what u mean. pls can u help to explain. i also have from 136.7. ur advice. thanks.


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