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

  • #10,301
  • Aug 17, 2007 1:47am Aug 17, 2007 1:47am
Quoting markam
big momentum turn on the 10 minute
How did you know that ahead of time?
  • #10,302
  • Aug 17, 2007 1:48am Aug 17, 2007 1:48am
Quoting markam
big momentum turn on the 10 minute

hey markam, how do you read the momentum indicator? do u have a refrence line like the QQE?
  • #10,303
  • Aug 17, 2007 1:49am Aug 17, 2007 1:49am
aus--closed the a/u at 765 for +55 (2nd trade)
will reeneter again on that one
  • #10,304
  • Aug 17, 2007 1:49am Aug 17, 2007 1:49am
Quoting Jamcivic
hey markam, how do you read the momentum indicator? do u have a refrence line like the QQE?
Its turning down below 0 mark..so bearish
  • #10,305
  • Aug 17, 2007 1:52am Aug 17, 2007 1:52am
Quoting pipslovah
Its turning down below 0 mark..so bearish
Hmmmm meta 4 momentum doesnt have a 0 mark. which would explain my confusion.
  • #10,306
  • Aug 17, 2007 1:54am Aug 17, 2007 1:54am
how far down this thing can go before a reversal?
  • #10,307
  • Aug 17, 2007 1:54am Aug 17, 2007 1:54am
Quoting pipslovah
Heres The Drop Startin!

lets hope it falls to 221..
  • #10,308
  • Aug 17, 2007 1:55am Aug 17, 2007 1:55am
Quoting Jamcivic
Hmmmm meta 4 momentum doesnt have a 0 mark. which would explain my confusion.
Oh Jamcivic, u need to use VT trader for ur charts man... it rocks!
  • #10,309
  • Aug 17, 2007 1:55am Aug 17, 2007 1:55am
Quoting Jamcivic
hey markam, how do you read the momentum indicator? do u have a refrence line like the QQE?
I have a 6ema placed on mine - works well.

Mike
  • #10,310
  • Aug 17, 2007 1:56am Aug 17, 2007 1:56am
Quoting gau2902
how far down this thing can go before a reversal?

Aus thinks 219
  • #10,311
  • Aug 17, 2007 1:57am Aug 17, 2007 1:57am
eur/usd is the only pair which refuses to move significantly-- lazy ass pair
  • #10,312
  • Aug 17, 2007 1:58am Aug 17, 2007 1:58am
Quoting MikeW
I have a 6ema placed on mine - works well.

Mike
hey mike--i use that too !!
  • #10,313
  • Aug 17, 2007 1:59am Aug 17, 2007 1:59am
GU fallin hard
  • #10,314
  • Aug 17, 2007 1:59am Aug 17, 2007 1:59am
I'm going short @ 3 EST 1hr cross down confirm
  • #10,315
  • Aug 17, 2007 1:59am Aug 17, 2007 1:59am
Well 220 is a very strong support level... so it might take a strong momentum and volume to break that level...but if that level breaks then rapid acceleration to 219 is expected..
  • #10,316
  • Aug 17, 2007 2:00am Aug 17, 2007 2:00am
Quoting Hakuna Matata
GU fallin hard
Yeah and it looks like it gapped to?
  • #10,317
  • Aug 17, 2007 2:01am Aug 17, 2007 2:01am
Quoting auslanco
I'm going short @ 3 EST 1hr cross down confirm
Its heading south guys...
  • #10,318
  • Aug 17, 2007 2:04am Aug 17, 2007 2:04am
in over 100pips on 1st trade...entering second trade now for 219..
  • #10,319
  • Aug 17, 2007 2:05am Aug 17, 2007 2:05am
sl at break even
tp at 220.10
  • #10,320
  • Aug 17, 2007 2:07am Aug 17, 2007 2:07am
220 break... 219 free falling!
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