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Daily GBP/JPY analysis

  • #10,641
  • Jul 26, 2007 10:40am Jul 26, 2007 10:40am

Quoting Tarsyk
This should not put any pressure on you. It is each reader's personal responsibility wether he enters a trade after reading your post or not.

Quoting Tarsyk
Just let people know, like you already did here, (and what should be blatantly obvious) that your entry may not be a correct one 30 minutes after posting it. Or something like that.

I am fairly convinced that a chatroom would be more pressure on you. Check out how many people are reading this thread now. Imagine them all chatting with you

yup..disaster !!!!!
"Analysis Is Hard But Trade Is Easy"
  • #10,642
  • Jul 26, 2007 10:40am Jul 26, 2007 10:40am
If you start your own thread we can set the email option to give us instant notification when you post..

Would that work?
  • #10,643
  • Jul 26, 2007 10:41am Jul 26, 2007 10:41am

Quoting auslanco
if I can come up someway to inform all of you as soon as I spot a trade... then we all can enter @ the same time.


"Analysis Is Hard But Trade Is Easy"
  • #10,644
  • Jul 26, 2007 10:41am Jul 26, 2007 10:41am
Quoting mjolimer
If you start your own thread we can set the email option to give us instant notification when you post..

Would that work?


As long as no one else posted in it, else you would receive their emails too
  • #10,645
  • Jul 26, 2007 10:43am Jul 26, 2007 10:43am
I think we have reached the bottom @ 243.50 and I am risking a small long (enter 243.80) for TP around 245.00-50
Consistency and patience is everything
  • #10,646
  • Jul 26, 2007 10:43am Jul 26, 2007 10:43am

auslanco,

is it possible for a big retracement to 250.00??

"Analysis Is Hard But Trade Is Easy"
  • #10,647
  • Jul 26, 2007 10:45am Jul 26, 2007 10:45am
Quoting TSK
Hi Auslcano

First, big .Made 200pips with your real time advice.
I am still trying to understand your momentum theory...

At 3:00EST 1hr chart indicator was observed pointing north or rather flat=> that is the indication for you to close short orders???
If the coming 12:00EST 4hrs candle pointing south and 1hr candle pointing north=> mean no retracement till we have 4hrs indicator align(pointing north)??

You mention the indicator has to be used with cautions to avoid wrong signal.Possible to elaborate on that.
Sorry for the many questions..just trying to learn from you.

Thanks!
Hi TSK.. 4hr momentum pointing up indicateds the retracemnt has begun on the 4 hr time frame. right now the 1 hr is actually pointing flat... so the market is little uncetain wether it will head for a quick retracement or go lower. That why I asked people to stay away from new position on GBP/JPY
  • #10,648
  • Jul 26, 2007 10:46am Jul 26, 2007 10:46am
Quoting mjolimer
If you start your own thread we can set the email option to give us instant notification when you post..

Would that work?
that will be an excellent idea..
  • #10,649
  • Jul 26, 2007 10:47am Jul 26, 2007 10:47am
Quoting auslanco
if I can come up someway to inform all of you as soon as I spot a trade... then we all can enter @ the same time.
Thanks auslanco.
New Forex Trader
  • #10,650
  • Jul 26, 2007 10:48am Jul 26, 2007 10:48am
Yes you have seen the bottom I do believe

Long from 243.60 on buy limit Let's ROCK
  • #10,651
  • Jul 26, 2007 10:48am Jul 26, 2007 10:48am
Quoting mjolimer
If you start your own thread we can set the email option to give us instant notification when you post..

Would that work?
Good idea...
New Forex Trader
  • #10,652
  • Jul 26, 2007 10:48am Jul 26, 2007 10:48am
Quoting Se[V]eN

auslanco,



is it possible for a big retracement to 250.00??


LOL... no 100-150 pips from the current price... but it hasnt started yet.. we dont know about the retracement untill the new 4 hr bar opens.
  • #10,653
  • Jul 26, 2007 10:49am Jul 26, 2007 10:49am
Quoting auslanco
that will be an excellent idea..
Sense at last!!!!!
  • #10,654
  • Jul 26, 2007 10:49am Jul 26, 2007 10:49am
Quoting auslanco
Hi TSK.. 4hr momentum pointing up indicateds the retracemnt has begun on the 4 hr time frame. right now the 1 hr is actually pointing flat... so the market is little uncetain wether it will head for a quick retracement or go lower. That why I asked people to stay away from new position on GBP/JPY
My 4h momentum is pointing down, now.
What is your input number, mine is 14?
  • #10,655
  • Jul 26, 2007 10:49am Jul 26, 2007 10:49am
Quoting auslanco
yehh that will be grat if someone can organize that.. i will be too busy this weekend studying the charts to find the bottom and where is the bull trade to place.
hi again to all. been away from this thread for a while, and it looks very changed to me. Looks like Auslanco is giving some very good trade ideas here. Nice man...wish you all the best from now on as well. Will come here more often from now.

I just hope you wont start to sell your signals in the future for money, as it sometimes happens.
We leave no soldier behind.
  • #10,656
  • Jul 26, 2007 10:49am Jul 26, 2007 10:49am
MA's kick butt I don't care what anybody says
  • #10,657
  • Jul 26, 2007 10:50am Jul 26, 2007 10:50am
Quoting auslanco
Hi TSK.. 4hr momentum pointing up indicateds the retracemnt has begun on the 4 hr time frame. right now the 1 hr is actually pointing flat... so the market is little uncetain wether it will head for a quick retracement or go lower. That why I asked people to stay away from new position on GBP/JPY
you've got me scratching me head aus. what i am seeing is 1 hour pointing upwards and 4h is still downwards. correct me please.
  • #10,658
  • Jul 26, 2007 10:50am Jul 26, 2007 10:50am
Cable doesn't want to go down.
  • #10,659
  • Jul 26, 2007 10:51am Jul 26, 2007 10:51am
Can someone please tell USD to give up.

Coz people are ready to make some pips here$$$$$
  • #10,660
  • Jul 26, 2007 10:51am Jul 26, 2007 10:51am

Quoting auslanco
LOL... no 100-150 pips from the current price... but it hasnt started yet.. we dont know about the retracement untill the new 4 hr bar opens.




opssss...my bad....

i mean actually 245.00
"Analysis Is Hard But Trade Is Easy"
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