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

  • #681
  • Jul 30, 2007 12:51am Jul 30, 2007 12:51am
The weekend gap has been filled.
1 hour momentum pointed north and now slowly on its south way.

retracement end, maybe.
still on my short @ 239.91
Attached Image
start from here
  • #682
  • Jul 30, 2007 12:54am Jul 30, 2007 12:54am
Quoting hycebee
Think i missed the call...

I've been studying the chart all night long and just dozed off. I hope I can still catch it. Anybody wanna advise?
you can enter short from here if you want, we entered at 239.85 which is where the price is now

sell @ 239.89 area SL 240.92 TP 237.76
Trade what you see, not what you think.
  • #683
  • Jul 30, 2007 12:55am Jul 30, 2007 12:55am
Quoting trader8686
What time frame do you set up 200 sma?
Are you also on MT4?
I am using Intellichart. But I am sure you can use it on any chart package.

I use it on all time frames, all pairs, with some other MA'S

I will PM you with my setup Monday afternoon EST.

I have been up 20 hours and am in the middle of a feeding frenzy.
  • #684
  • Jul 30, 2007 12:55am Jul 30, 2007 12:55am
Quoting hycebee
Think i missed the call...

I've been studying the chart all night long and just dozed off. I hope I can still catch it. Anybody wanna advise?
You haven't missed out. The price has been fluctuating in a fairly narrow band for about the last 5/6 hours.
  • #685
  • Jul 30, 2007 12:56am Jul 30, 2007 12:56am
Quoting JudeObscure
The weekend gap has been filled.
1 hour momentum pointed north and now slowly on its south way.

retracement end, maybe.
still on my short @ 239.91
My momentum still pointing up, what is your input number?
  • #686
  • Jul 30, 2007 12:56am Jul 30, 2007 12:56am
Quoting AndyPass
You haven't missed out. The price has been fluctuating in a fairly narrow band for about the last 5/6 hours.
the narrow band on my chart is a trendline and the 38.2% fibo, waiting for a breakout
Trade what you see, not what you think.
  • #687
  • Jul 30, 2007 12:58am Jul 30, 2007 12:58am
Quoting hycebee
Think i missed the call...

I've been studying the chart all night long and just dozed off. I hope I can still catch it. Anybody wanna advise?
If you need the call:
You will need to look at the call is at Page 43, #632.
Never too late, even better price to get in at you are late.
  • #688
  • Jul 30, 2007 1:00am Jul 30, 2007 1:00am
Quoting glenn5t
My 200sma on the Daily is at 236.94....I guess that the difference it the platforms data feed...

Glenn
I'am sorry, I should have said I use a 200 EMA.
that could be the difference.
  • #689
  • Jul 30, 2007 1:01am Jul 30, 2007 1:01am
1h momentum looking pretty bullish
Bring It...
  • #690
  • Jul 30, 2007 1:02am Jul 30, 2007 1:02am
Mysticdiver

Yeah that will make a difference...
  • #691
  • Jul 30, 2007 1:03am Jul 30, 2007 1:03am
Same observation here...
Quoting jules
1h momentum looking pretty bullish
  • #692
  • Jul 30, 2007 1:03am Jul 30, 2007 1:03am
Quoting trader8686
If you need the call:
You will need to look at the call is at Page 43, #632.
Never too late, even better price to get in at you are late.
Guys I am impressed with the people in this thread because of A's help people have responded and have been very helpful with keeping the new people up to date. keep up the good work.
  • #693
  • Jul 30, 2007 1:04am Jul 30, 2007 1:04am
Quoting trader8686
My momentum still pointing up, what is your input number?
momentum (close, 10)

yes, it's still up, just when I captured the screen, it was down.

now it's close to the level 0, may be bullish once it cross level 0, as auslanco said.
Attached Image
start from here
  • #694
  • Jul 30, 2007 1:04am Jul 30, 2007 1:04am
Quoting trader8686
If you need the call:
You will need to look at the call is at Page 43, #632.
Never too late, even better price to get in at you are late.
Managed to get in...
Thank you.
  • #695
  • Jul 30, 2007 1:06am Jul 30, 2007 1:06am
Quoting JudeObscure
momentum (close, 10)

yes, it's still up, just when I captured the screen, it was down.

now it's close to the level 0, may be bullish once it cross level 0, as auslanco said.
After I change my input from 14 to 10, I see what you have.
But, I remembered that auslanco told me his setting is also 14.
  • #696
  • Jul 30, 2007 1:09am Jul 30, 2007 1:09am
Hi trader8686

The setting is 10. You may refer to the charts he had previously posted on this thread...

Quoting trader8686
After I change my input from 14 to 10, I see what you have.
But, I remembered that auslanco told me his setting is 14.
  • #697
  • Jul 30, 2007 1:09am Jul 30, 2007 1:09am
Quoting trader8686
After I change my input from 14 to 10, I see what you have.
But, I remembered that auslanco told me his setting is also 14.
If Im not mistaken 14 is for RSI settings
  • #698
  • Jul 30, 2007 1:10am Jul 30, 2007 1:10am
Quoting TSK
Hi trader8686

The setting is 10. You may refer to the charts he had previously posted on this thread...
Thanks, I have to change, then.
  • #699
  • Jul 30, 2007 1:11am Jul 30, 2007 1:11am
Quoting trader8686
After I change my input from 14 to 10, I see what you have.
But, I remembered that auslanco told me his setting is 14.
Auslanco's setting is 10, according to those pics he uploaded.

Maybe it's a confusion of RSI (14).
start from here
  • #700
  • Jul 30, 2007 1:17am Jul 30, 2007 1:17am
the action is now above the 38.2 fib level. if the four hour closes above uhmm... retracement. the hourlies are in fact above now. 4hr 1hr indicators are pointing up.

what you think guys?
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