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

  • #3,721
  • Aug 5, 2007 8:40pm Aug 5, 2007 8:40pm
30 mins and 10 mins.. both strengths are still bullish
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Click to Enlarge Name: 10 mins and 30 mins...jpg Size: 110 KB
  • #3,722
  • Aug 5, 2007 8:44pm Aug 5, 2007 8:44pm
I downloaded VT Friday from CMS and they still haven't sent me a password to use it...they said it'd be sent 48 or so hours after downloading.

Are others downloading from a site where you can use it right off?
  • #3,723
  • Aug 5, 2007 8:48pm Aug 5, 2007 8:48pm
Quoting Poocher
I downloaded VT Friday from CMS and they still haven't sent me a password to use it...they said it'd be sent 48 or so hours after downloading.

Are others downloading from a site where you can use it right off?
Try vtsystems again... When I signed up it gave me my user/pass right when I did it I didn't have to wait for an email it just showed it on the page.
Craazy
  • #3,724
  • Aug 5, 2007 8:55pm Aug 5, 2007 8:55pm
I have been issued on the spot log in and password.
Problem is it doesnt work.

Well get there in the end!!
Cheers
  • #3,725
  • Aug 5, 2007 8:56pm Aug 5, 2007 8:56pm
Seems like the pair is retracing ?

Any ideas ?

Japanese stocks is rebounding......
  • #3,726
  • Aug 5, 2007 8:57pm Aug 5, 2007 8:57pm
Quoting oztrader
I have been issued on the spot log in and password.
Problem is it doesnt work.

Well get there in the end!!
Cheers
Register for another account ... you will get a new UN and PW
  • #3,727
  • Aug 5, 2007 8:59pm Aug 5, 2007 8:59pm
Thanks mate, done it twice already
  • #3,728
  • Aug 5, 2007 9:00pm Aug 5, 2007 9:00pm
Quoting auslanco
30 mins and 10 mins.. both strengths are still bullish
Let me try this:
Both are bullish because the momentum are above 0 line.
Am I right, Ausi?
  • #3,729
  • Aug 5, 2007 9:02pm Aug 5, 2007 9:02pm
Ok guys.. I think we may see a full retracement to friday close. I will see you again when the price hits the 240.80 area. Im waiting for that short signal.
  • #3,730
  • Aug 5, 2007 9:03pm Aug 5, 2007 9:03pm
Quoting trader8686
Let me try this:
Both are bullish because the momentum are above 0 line.
Am I right?

Dont worry about the momentum for the time being.. Just focus on the Strength Indicator an TFT... they are the two main indicators. All other indicators are sub-indicators just to confirm little things.
  • #3,731
  • Aug 5, 2007 9:06pm Aug 5, 2007 9:06pm
Quoting karmostaji
It might retrace to 241.30-40 which are the 5SMA on 1h and 4h

I've closed my short positions, I'll wait for the retrace to happen and then short again

My previous targets were all reached with the help of the gap

Karm,

Looks like it hit your projection (`240.30-40) on the first wave of fib. retracement (38.2%) and trying to build another wave perhaps on up to that 240.90 area (50%) as as A suggests.
  • #3,732
  • Aug 5, 2007 9:10pm Aug 5, 2007 9:10pm
Quoting auslanco
Dont worry about the momentum for the time being.. Just focus on the Strength Indicator an TFT... they are the two main indicators. All other indicators are sub-indicators just to confirm little things.
Ok, so when the candle is above the TFT - bullish, below TFT - bearish?
  • #3,733
  • Aug 5, 2007 9:15pm Aug 5, 2007 9:15pm
Quoting trader8686
Ok, so when the candle is above the TFT - bullish, below TFT - bearish?
You are partly right..


Candle above TFT + strength indicator cross upwards =Bullish
Candle below TFT + Strength Indicator cross downward= Bearish

Please study the chart history with these indicators and you will get a better idea...
  • #3,734
  • Aug 5, 2007 9:30pm Aug 5, 2007 9:30pm
Quoting auslanco
You are partly right..


Candle above TFT + strength indicator cross upwards =Bullish
Candle below TFT + Strength Indicator cross downward= Bearish

Please study the chart history with these indicators and you will get a better idea...
Ausi,

What time frame you suggest us to focus on, as far as seeking for a long/short entry?
  • #3,735
  • Aug 5, 2007 9:35pm Aug 5, 2007 9:35pm
Quoting trader8686
Ausi,

What time frame you suggest us to focus on, as far as seeking for a long/short entry?
Auslanco has started a strategy thread which goes into the system clearly.

It is the 1H time frame that you generally look at for judging your entry.

Have a look through that thread, I know things can seem confusing sometimes but the information there has answers to many questions.

I'm going back to bed... nighty night.
  • #3,736
  • Aug 5, 2007 10:17pm Aug 5, 2007 10:17pm
price is stalling.. short at 240.16
  • #3,737
  • Aug 5, 2007 10:33pm Aug 5, 2007 10:33pm
Price is really struggling to establish above 240.23 resistance
  • #3,738
  • Aug 5, 2007 10:34pm Aug 5, 2007 10:34pm
Quoting auslanco
Price is really struggling to establish above 240.23 resistance
Yeah but I'm also seeing news about the yen going up... you'd think it would jump some in asian session.
Craazy
  • #3,739
  • Aug 5, 2007 10:35pm Aug 5, 2007 10:35pm
Quoting auslanco
Price is really struggling to establish above 240.23 resistance
how did u come up with 240.23? trying to learn here... thanks
  • #3,740
  • Aug 5, 2007 10:36pm Aug 5, 2007 10:36pm
Quoting craazy
Yeah but I'm also seeing news about the yen going up... you'd think it would jump some in asian session.
I have a feeling it's going to be range bound until the US interest rate decision and the accompanying statements - just a feeling.
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