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

  • #5,461
  • Aug 9, 2007 7:11am Aug 9, 2007 7:11am
I went short half of my positions @ 240.50 ( 30 min 5sma)
  • #5,462
  • Aug 9, 2007 7:13am Aug 9, 2007 7:13am
I went short @ 240.40, I'm having doubts about the retracement, DT is strong
Trade what you see, not what you think.
  • #5,463
  • Aug 9, 2007 7:13am Aug 9, 2007 7:13am
Aus, correct me if i'm wrong. GU n UJ muz break the resistance b4 GJ will go dwn...
  • #5,464
  • Aug 9, 2007 7:15am Aug 9, 2007 7:15am
Quoting auslanco
I went short half of my positions @ 240.50 ( 30 min 5sma)
So, if the retracement is too small, you may come down to 30 min chart.
(30m bar touch 5 SMA, to enter short)
  • #5,465
  • Aug 9, 2007 7:15am Aug 9, 2007 7:15am
Quoting karmostaji
I went short @ 240.40, I'm having doubts about the retracement, DT is strong
If GJ break 239.72, DT is very strong. right?
New Forex Trader
  • #5,466
  • Aug 9, 2007 7:16am Aug 9, 2007 7:16am
Quoting Holypendant
Aus, correct me if i'm wrong. GU n UJ muz break the resistance b4 GJ will go dwn...
I dont personally trade on supprt or resistance when My indicators line up..
  • #5,467
  • Aug 9, 2007 7:16am Aug 9, 2007 7:16am
News message on my platform: ECB allots EUR 98.4 bln in tender @4% - more than was injected for 9/11.
  • #5,468
  • Aug 9, 2007 7:17am Aug 9, 2007 7:17am
Weekly pivot is around 240.20 , it seems it's stuck here at the moment
COT: The precious data ignored
  • #5,469
  • Aug 9, 2007 7:17am Aug 9, 2007 7:17am
Quoting teekee
If GJ break 239.72, DT is very strong. right?
good support @ 239.15, if that gets broken.. we have another support @ 238.55, then @ 237.55
Trade what you see, not what you think.
  • #5,470
  • Aug 9, 2007 7:18am Aug 9, 2007 7:18am
Quoting karmostaji
I went short @ 240.40, I'm having doubts about the retracement, DT is strong
Karmostaji,

What is the DT you referring to?
  • #5,471
  • Aug 9, 2007 7:19am Aug 9, 2007 7:19am
Quoting trader8686
Karmostaji,

What is the DT you referring to?
This DownTrend today is strong, that's what I mean
Trade what you see, not what you think.
  • #5,472
  • Aug 9, 2007 7:19am Aug 9, 2007 7:19am
seeing 2 different type of views on tis pair.. tis thread is saying GJ dwn while anyother thread, we had bravado saying GJ goes up... haha
  • #5,473
  • Aug 9, 2007 7:20am Aug 9, 2007 7:20am
Quoting karmostaji
good support @ 239.15, if that gets broken.. we have another support @ 238.55, then @ 237.55
karmostaji,

where you get the number? FIbo?
New Forex Trader
  • #5,474
  • Aug 9, 2007 7:21am Aug 9, 2007 7:21am
Quoting trader8686
So, if the retracement is too small, you may come down to 30 min chart.
(30m bar touch 5 SMA, to enter short)
1 hr momentum indicator didnt show a retracement.. 30min did... so went with that.... not the ideal thing to do...
  • #5,475
  • Aug 9, 2007 7:21am Aug 9, 2007 7:21am
Quoting teekee
karmostaji,

where you get the number? FIbo?
fibo & support levels just by looking at the chart
Trade what you see, not what you think.
  • #5,476
  • Aug 9, 2007 7:21am Aug 9, 2007 7:21am
5 m. trend: Down

A.D.
  • #5,477
  • Aug 9, 2007 7:23am Aug 9, 2007 7:23am
Aus, frm ur experience, if GJ fall dwn to 237 area again, wuld u tink it will be a gd long entry from there?
  • #5,478
  • Aug 9, 2007 7:23am Aug 9, 2007 7:23am
Can anyone tell me what settings to use on the momentum indicator in VT for Aus system???
  • #5,479
  • Aug 9, 2007 7:24am Aug 9, 2007 7:24am
Quoting Holypendant
seeing 2 different type of views on tis pair.. tis thread is saying GJ dwn while anyother thread, we had bravado saying GJ goes up... haha
its called winners and losers. and everyone has their own plan of trading. the funny thing is they could both be right. it could drop 200 then up 500. its about not overleverging then get in on the right side if you are wrong
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #5,480
  • Aug 9, 2007 7:24am Aug 9, 2007 7:24am
Quoting LEXngton
Can anyone tell me what settings to use on the momentum indicator in VT for Aus system???
10 C, default
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