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

Quoting karmostaji
238.50 , just below yesterdays low
Got it. Thanks.
Quoting Richardj
I'm surprised those on this thread discuss only GBPJPY - and seem to have no interest in the two pairs that more or less determine its value - i.e., cable and USDJPY.
I agree. It should be discussed more. I am scalping both between the fibs using Monarch's method (discussed earlier) while waiting for a breakout.
Quoting Al_Have1
I agree. It should be discussed more. I am scalping both between the fibs using Monarch's method (discussed earlier) while waiting for a breakout.

Al, have you got the post number for this discussion as I would be interested in reading it & the thread name, if it's not this one.

Many thanks

Scott
Le singe est dans l'arbre
DOW -200 now and this thang is sinking!
Quoting new_trader
You bet it is.
I know you're a Gann Fan Man (Woman?) but you're chart kind of looks like an aerial dogfight in the middle of a warzone. "Look out! Pips in the hole!"

Keep up the chart posting. I enjoy seeing different perspectives from a charting standpoint as opposed to those who simply philosophize about what they think is going to happen.

M2B
Fall baby!
Quoting newjersey24
DOW -200 now and this thang is sinking!
I was watching Bloomberg yesterday, and there was a guy there that was saying something about computerized trading programs that the Chinese are using to trade at NY Stock exchange, and they are suspecting that they are the ones to plunge or rise the stock prices and this is happening somewhere around 3PM EST, I am curious to see any big changes today, to see if there is any truth in that
Yee haaa!!!!!

mannn how beautiful can things get!!, i had to go out for some time, just got back since my last post, and guess what, that darn thing did just like i expected

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i had a buy limit at the bottom of the channel at 239.00 and a stop loss 50 pips below it!! the good part is that i had a 200 pip take profit which went through. this is one the best trading days. i love it when things happen like i expect them to be 20% of the time, hehehehe

anyway, i think it's going to test the bottom again, and if it doesn't break, my ass is going long again!

i hope everyone made some pips!!

good luck all!
Quoting hi6hlander
Al, have you got the post number for this discussion as I would be interested in reading it & the thread name, if it's not this one.

Many thanks

Scott
http://www.forexfactory.com/showpost...postcount=4294

Great for ranging but not trending.
btw karmo, if u still want an MT4 platform with dow, here's one:

www.aqforex.com

just download their trader and get urself a demo, it should be up and running by then, i think the demo displays Dow.

good luck
The dow just reached the low point of the day and bounced off. If it drops below the low and continues, I would expect another big drop in GJ
I'm glad I sold my short when the dow hit the low and bounced. Those 30 stocks are sure a great indicator.
Quoting ovidiu
239.20 yesterday rock hard support like you said, also the base of the chanel that everbody is talking about, plus the run downwards for about 400 pips(it was tired like you said : ), and yes the indicators were showing a retracement, come to think of it the only way it was going to go was up, I don't know why I didn't go long?! , anyway your statement at the start of this thread about taking you 8 months to make 100$ a week is the only thing that keeps me going, when I want to enter I wait for more confirmation and then I find myself with an entry in the midle point of two important levels and ofcurse I screw it up, I try hedging that doesn't works for me..., everbody is saying that they make xxx pips per day I only end up losing or to breakeven . Even though I think I got the basics from your strat something keeps me from wining, so for the moment I decided to only watch the price movements maybe just maybe something will go into my thick head!
Don't I know how THAT feels...
Alpari also offers the Dow on MT4 platform: http://www.alpari-idc.com/

TimeFreedom

Quoting lilmoe
btw karmo, if u still want an MT4 platform with dow, here's one:

www.aqforex.com

just download their trader and get urself a demo, it should be up and running by then, i think the demo displays Dow.

good luck
Quoting lilmoe
Yee haaa!!!!!

mannn how beautiful can things get!!, i had to go out for some time, just got back since my last post, and guess what, that darn thing did just like i expected



i had a buy limit at the bottom of the channel at 239.00 and a stop loss 50 pips below it!! the good part is that i had a 200 pip take profit which went through. this is one the best trading days. i love it when things happen like i expect them to be 20% of the time, hehehehe

anyway, i think it's going to test the bottom again, and if it doesn't break, my ass is going long again!

i hope everyone made some pips!!

good luck all!
yep i'm with you too, if price hits the bottom of that tunnel again, i'm taking another long. my guess is that we will be sitting inside of the tunnel for a while, at least until tomorrow. just my two cents.
For some reason I was thinking that today is Friday, I'm going crazy... LOL

Thanks for the links about the DOW chart, I'll look into it later and analyze it for tomorrow
Trade what you see, not what you think.
Quoting Al_Have1
http://www.forexfactory.com/showpost...postcount=4294

Great for ranging but not trending.

Thanks for that, I'll have a read of it & possibly apply it.

Cheers again
Le singe est dans l'arbre
markam

cool prediction this morning.

wtf is happening now.. late bounce / buy from a fundi pov?
I updated my mesa analysis to show the accuracy of my methods Just wait until you see my Grand Canyon analysis!!!http://farm2.static.flickr.com/1407/...b8caede8b3.jpg
Quoting karmostaji
For some reason I was thinking that today is Friday, I'm going crazy... LOL

Thanks for the links about the DOW chart, I'll look into it later and analyze it for tomorrow
Que? Sure wish it was Friday!!
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