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

  • #13,301
  • Aug 22, 2007 9:18am Aug 22, 2007 9:18am
Quoting karmostaji
stopped out for +8

now back to studying charts

Karmo,

I followed your foot steps this time and it closed me out with a +5 pip. I hope this is a new beginning for me to stop ending up on the wrong side when my positions enter into the positive territory..

Thank you.

~G.
  • #13,302
  • Aug 22, 2007 9:18am Aug 22, 2007 9:18am
Quoting maestr2
blew past 1hr 5sma, now looking at 4 hr.
There is no retracemnt due to 4hr 5 SMA.. It will go down to 228.52 (2hr 5sma) before it shoots up again..if the price stay @ this level 4hr QQE will cross the 50 line @ 12EST.. That will take the price to 231.50.
  • #13,303
  • Aug 22, 2007 9:19am Aug 22, 2007 9:19am
I will get it once it breaks 229.15
Trade what you see, not what you think.
  • #13,304
  • Aug 22, 2007 9:21am Aug 22, 2007 9:21am
Quoting auslanco
There is no retracemnt due to 4hr 5 SMA.. It will go down to 228.52 (2hr 5sma) before it shoots up again..if the price stay @ this level 4hr QQE will cross the 50 line @ 12EST.. That will take the price to 231.50.
Thanks, my VT not working, looking at charts on MT4, doesn't have 2hr time frame, will keep note of your info.
Trade what you see, not what you think.
  • #13,305
  • Aug 22, 2007 9:21am Aug 22, 2007 9:21am
cable and euro is going up

come on best its your turn now

i really want a good rally north, even prepared my buttscratcher for that... I will just relax, and enjoy the ride up...

Prepared a Mojito to relax me if the pair goes down...
give me my pips back...
  • #13,306
  • Aug 22, 2007 9:24am Aug 22, 2007 9:24am
GU up
UJ down

GJ stuck

that's how the equation works
Trade what you see, not what you think.
  • #13,307
  • Aug 22, 2007 9:24am Aug 22, 2007 9:24am
Quoting Big Bruv
Can someone pls tell me were 200 EMA is on 15 min and 1 hr chart?
Why don't you have it on your own chart if you need to know?

1hr---230.76 15min---227.45
  • #13,308
  • Aug 22, 2007 9:25am Aug 22, 2007 9:25am
Quoting karmostaji
I will get it once it breaks 229.15
Good.

If you have to ask yourself "what do I trust more fibs or trend lines" well, they both were broken.
Attached Image (click to enlarge)
Click to Enlarge Name: gjbw3.jpg Size: 58 KB
Indicators show the past. Price Action "Indicates" the future.
  • #13,309
  • Aug 22, 2007 9:26am Aug 22, 2007 9:26am
Quoting jarroo
Good.

If you have to ask yourself "what do I trust more fibs or trend lines" well, they both were broken.
I consider it broken once we close well above/below it.
Trade what you see, not what you think.
  • #13,310
  • Aug 22, 2007 9:28am Aug 22, 2007 9:28am
Quoting karmostaji
GU up
UJ down

GJ stuck

that's how the equation works
u trying to rap bro? hip hop hoorah
  • #13,311
  • Aug 22, 2007 9:28am Aug 22, 2007 9:28am
Quoting karmostaji
I consider it broken once we close well above/below it.
Fair enough. I like your trade management. I am learning too.

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #13,312
  • Aug 22, 2007 9:28am Aug 22, 2007 9:28am
Quoting PTB
Why don't you have it on your own chart if you need to know?

1hr---230.76 15min---227.45
thanks...unfortunately i'm @ work and have very limited access to chart....mine will not plot the 200...that's why i ask.....


Thanks again
  • #13,313
  • Aug 22, 2007 9:31am Aug 22, 2007 9:31am
Quoting jarroo
Fair enough. I like your trade management. I am learning too.

Jim
we need to have some confirmation for back-up when we enter, you don't want to walk in the jungle and a lion attacks you out of nowhere
Trade what you see, not what you think.
  • #13,314
  • Aug 22, 2007 9:31am Aug 22, 2007 9:31am
as expected

I will enter long if the lower TL holds..
Trade what you see, not what you think.
  • #13,315
  • Aug 22, 2007 9:32am Aug 22, 2007 9:32am
breached 1 hr 5sma big time..

and dow didn't fall that much either..
  • #13,316
  • Aug 22, 2007 9:32am Aug 22, 2007 9:32am
Quoting karmostaji
we need to have some confirmation for back-up when we enter, you don't want to walk in the jungle and a lion attacks you out of nowhere
Well put, my brother.

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #13,317
  • Aug 22, 2007 9:33am Aug 22, 2007 9:33am
this pair hasn't been reacting to DOW the past couple of days
Trade what you see, not what you think.
  • #13,318
  • Aug 22, 2007 9:33am Aug 22, 2007 9:33am
soooo
we should maybe go short for scalping?
give me my pips back...
  • #13,319
  • Aug 22, 2007 9:33am Aug 22, 2007 9:33am
Quoting Lincoln_10
soooo
we should maybe go short for scalping?
maybe wait for a better entry for long around the lower TL
Trade what you see, not what you think.
  • #13,320
  • Aug 22, 2007 9:34am Aug 22, 2007 9:34am
seems like price is stuck ranging between the 23 and 38 fibs.....
Attached Image (click to enlarge)
Click to Enlarge Name: gj fibs.jpg Size: 65 KB
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