i went long @ 206.92(99) closed 206.59 (with spread) -40
i see target for longs lower..
i see target for longs lower..
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Auslanco-GBP/JPY Strength Indicator strategy 344 replies
My MT4 indicators for Auslanco's strategy 92 replies
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DislikedMalcolm IMO as long as S&P stays above 1400 equities are in good shape but once we go below 1400 thats it for DOW. Historically 1400 has been a good support and resistence area so its a waiting game I guess.Ignored
DislikedYM has 13100 as major R right now. Been a lovely ride down .
Did a bunch on Friday and another bunch today on the Ym just traidng the open range breakouts
With the Yahoo / Microsoft deal off the table and the financials getting hit today do not expect a rebound in the dj any time soon.
I think the whole bull run was designed to take it to 13000 and get the retail investors suckered into the trap. In the next week or two the real truth will unfold.Ignored
DislikedWithout getting myself too excited, where do you think this will end bros? Will we retest 209 or just keep sinking?? I've got a targets at 204.83 and then to 203.65...and hopefully below...Am I being too optimistic do you think?Ignored
DislikedI thought these rockets were a little on the volatile side....
Slight mishap on the GBP/JPY take-off me thinks....
"Huston, we (Wall St) have a problem..."Ignored
DislikedThere is still Japanese and London session that haven't joined the ride yet. Thus, I think the downtrend still prevails at least till tomorrow NY :
Last nite , I watched the price just couldn't get over the 4 hour sma and quite way over-bought. Thus, decided to short it. Learn a lot from Brian's roll-over logical trade concept, it makes a whole lot sense all the time. Therefore, people saying trading is an art. It does not base on this or that indicators to trade, as they are all lagging. Indicators only act as an additional confirmation not a decision maker. I start to believe, if using indicator to trade then I am always in the 95% side who loseIgnored
Dislikedbreak of 1 hour and 4 hour trend line, next point of call is around 205.50Ignored
DislikedIf price does drop any lower, 205.15 should act as a support which is the Daily gann hiloIgnored