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

  • #10,441
  • Aug 17, 2007 1:44am Aug 17, 2007 1:44am
I'll go to the mosque for friday's prayer, I'll be back in a while

Keep pipping my friends, and make sure you donate some to me
Trade what you see, not what you think.
  • #10,442
  • Aug 17, 2007 1:44am Aug 17, 2007 1:44am
Quoting karmostaji
nice pin-bar's on GU, GJ, and UJ

will wait for close of the candle, becareful shorties
which MT4 do you use please. - interested only for the 4 hour candle closing times as I think mine are different to yours - thanks
  • #10,443
  • Aug 17, 2007 1:45am Aug 17, 2007 1:45am
Quoting Ladybird
which MT4 do you use please. - interested only for the 4 hour candle closing times as I think mine are different to yours - thanks
Interbank FX, their timing is +GMT, and I think it's the best for 4h candles
Trade what you see, not what you think.
  • #10,444
  • Aug 17, 2007 1:45am Aug 17, 2007 1:45am
Quoting karmostaji
I'll go to the mosque for friday's prayer, I'll be back in a while

Keep pipping my friends, and make sure you donate some to me
Pray for "peace through pips"!
  • #10,445
  • Aug 17, 2007 1:45am Aug 17, 2007 1:45am
Sorry, maybe I missed it.
But why 119 is the lowest?
119 or 219?
Quoting karmostaji
I longed because I said yesterday that the lowest I see this pair to go down is 119, it went very low today, close to 119 and that same candle (1H chart) closed as a hanging man (google for candlestick patterns), I posted a 1H chart a couple of posts back, a hanging man indicates reversal
  • #10,446
  • Aug 17, 2007 1:46am Aug 17, 2007 1:46am
Quoting markam
I had bid right at 224
Thanks for your answer. I am looking at the blue line for the 4hr 5sma indicator. When I check the price at the end of the blue line mine says 228.24. What could I be doing wrong if I have set the QQEI to 5 , red line value 50 and GHA at 10?

Thanks

sw
The Will is Greater than the Skill
  • #10,447
  • Aug 17, 2007 1:48am Aug 17, 2007 1:48am
Quoting karmostaji
Bagged some nice pips

1H charts shows a possibility of reversal, 4H chart shows maybe still a possible to go down (no reversal signal on 4H chart)

so becareful, but I believe we will get the 4H reversal sign when DOW opens
Thanks man, me too.
The great thing is that I am starting to see the levels as well.
Now if the broker would not slip SL and TP's.
It is just too hot right now, if I miss 5 or 10 and still bag nice pips, i will be ok.
  • #10,448
  • Aug 17, 2007 1:51am Aug 17, 2007 1:51am
Quoting 200
Sorry, maybe I missed it.
But why 119 is the lowest?
119 or 219?

200, go back to few pages and read .. you'll know... This has been answered several times already...!

Please do the same before asking furthere questions...

~Gianie.
  • #10,449
  • Aug 17, 2007 1:52am Aug 17, 2007 1:52am
Quoting karmostaji
Interbank FX, their timing is +GMT, and I think it's the best for 4h candles
Thanks and excellent trading by the way - thanks for sharing.
  • #10,450
  • Aug 17, 2007 1:54am Aug 17, 2007 1:54am
Quoting markam
Down to where?

219
  • #10,451
  • Aug 17, 2007 1:55am Aug 17, 2007 1:55am
Quoting VishalJ
Btw.. talks are making the rounds that top banks are going to be.. or are shutting their efx platforms. So that would probably translate to widening spreads (50 pip spread GJ anyone?) or just no chance of executing any trades.

Hopefully this will just remain 'talks' and not really translate into any kind of action.
vishalj, that would be freightening, do you think it would be for the moment or until after the storm or would it be permanent. where did you get that insight, i would like to keep up with any new development or lack there of.
thanks
  • #10,452
  • Aug 17, 2007 1:55am Aug 17, 2007 1:55am
I see that there is a significant resistance at 224.00 before testing the fib at around 224.50. ...

~G.
  • #10,453
  • Aug 17, 2007 1:56am Aug 17, 2007 1:56am
Quoting karmostaji
I'll go to the mosque for friday's prayer, I'll be back in a while

Keep pipping my friends, and make sure you donate some to me
hayye alassalte karmo
salatekom maghbol bro
  • #10,454
  • Aug 17, 2007 1:57am Aug 17, 2007 1:57am
may i ask, for now, tis pair will go to 219 or 224?
  • #10,455
  • Aug 17, 2007 1:59am Aug 17, 2007 1:59am
Quoting xlr8
I went long... & my TP wud be @224.30 @ 61.8 fib retracement...2nd TP @225.36 @75.0 fib retracement...Hope it reaches those heights....
Shud have stuck to my TP area....I chickened out @223.58..
  • #10,456
  • Aug 17, 2007 2:01am Aug 17, 2007 2:01am
from cesarnc in the other thread.


The line in the sand has been put

"Traders said Japanese institutional investors seeking higher-yielding foreign assets would likely buy dollars around 113 yen to 114 yen and provide some support, but a further slide in stock markets would prompt a further unwind of carry trades."

Just be aware of the bold letters
Trade what you see, not what you think.
  • #10,457
  • Aug 17, 2007 2:02am Aug 17, 2007 2:02am
Quoting xlr8
Shud have stuck to my TP area....I chickened out @223.58..
go have a beer. more trades coming your way.

kingmaker
  • #10,458
  • Aug 17, 2007 2:03am Aug 17, 2007 2:03am
Short from 225.25 TP 219 ...

Trade at your own risk



If the 1hr cross up and confirmed this will go further up.. before turining down... so be carefull... It's safe to short when 1hr cross down again
  • #10,459
  • Aug 17, 2007 2:04am Aug 17, 2007 2:04am
Quoting auslanco
219

Hey Aus, just to be clear. could I short on the 50 break 5m/10m
  • #10,460
  • Aug 17, 2007 2:05am Aug 17, 2007 2:05am
Quoting xlr8
Shud have stuck to my TP area....I chickened out @223.58..

Brother.. You dont go very far in forex if you worry the tades you missed...
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