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

  • #13,321
  • Aug 22, 2007 9:35am Aug 22, 2007 9:35am
Quoting karmostaji
maybe wait for a better entry for long around the lower TL
thats a long way down around 227?
give me my pips back...
  • #13,322
  • Aug 22, 2007 9:36am Aug 22, 2007 9:36am
Quoting karmostaji
this pair hasn't been reacting to DOW the past couple of days
What has it been reacting to then?
  • #13,323
  • Aug 22, 2007 9:36am Aug 22, 2007 9:36am
Quoting Lincoln_10
thats a long way down around 227?
227.80 area
Trade what you see, not what you think.
  • #13,324
  • Aug 22, 2007 9:36am Aug 22, 2007 9:36am
Quoting Blah Blah
What has it been reacting to then?
to ME
Trade what you see, not what you think.
  • #13,325
  • Aug 22, 2007 9:37am Aug 22, 2007 9:37am
Quoting karmostaji
maybe wait for a better entry for long around the lower TL
Well heck ain't it low enough for another long yet?... gezzz...
  • #13,326
  • Aug 22, 2007 9:38am Aug 22, 2007 9:38am
2hr 5SMA completed @ .52
Trade what you see, not what you think.
  • #13,327
  • Aug 22, 2007 9:39am Aug 22, 2007 9:39am
Quoting Big Bruv
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
My 1 hr screen did not show the 200ema because it was too high. But with MT4 you can zoom out or compress the screen to see what is above or below the picture. To compress...just put your cursor in the right hand column (with the prices), click and hold while you move the cursor downward.
  • #13,328
  • Aug 22, 2007 9:39am Aug 22, 2007 9:39am
Quoting Hakuna Matata
according too what i see on the charts and taking fundamentals into consideration (upcoming announcement of 2mrors news) and looking at the volatility and last 2 dialy candles and todays ranging one:
i reckon that g/j will drop to around the 227.90 level b4 heading up after the news

nows thats just my opinion from my crystal ball
mayb?
  • #13,329
  • Aug 22, 2007 9:40am Aug 22, 2007 9:40am
Quoting Blah Blah
What has it been reacting to then?
I believe Chuck Norris has had something to do with it...
  • #13,330
  • Aug 22, 2007 9:41am Aug 22, 2007 9:41am
[quote=auslanco;1552770]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.[/quote


well did you go long brother?
good analysis
pair cam down to 228.52
give me my pips back...
  • #13,331
  • Aug 22, 2007 9:42am Aug 22, 2007 9:42am
Quoting Big Bruv
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
I used "capital spreads" at work, alright if you use Java. My company firewall didn't affect it. Not free, but you can see good price action & you can plot MA's & other indicators.
Le singe est dans l'arbre
  • #13,332
  • Aug 22, 2007 9:43am Aug 22, 2007 9:43am
Quoting Trumpcard
I believe Chuck Norris has had something to do with it...
Thanks guys for the comedy, but i was expecting a fundamental reasoning for the volatility
  • #13,333
  • Aug 22, 2007 9:45am Aug 22, 2007 9:45am
[quote=Lincoln_10;1552839]
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.[/quote


well did you go long brother?
good analysis
pair cam down to 228.52
Yehhh.. Did some scalping short with some sweet profits I got longs from 238.55
  • #13,334
  • Aug 22, 2007 9:45am Aug 22, 2007 9:45am
Quoting Blah Blah
Thanks guys for the comedy, but i was expecting a fundamental reasoning for the volatility
ask Markam
Trade what you see, not what you think.
  • #13,335
  • Aug 22, 2007 9:45am Aug 22, 2007 9:45am
Quoting karmostaji
227.80 area

227.80 is also right at the 4h sma (now anyway).
  • #13,336
  • Aug 22, 2007 9:46am Aug 22, 2007 9:46am
Quoting Blah Blah
Thanks guys for the comedy, but i was expecting a fundamental reasoning for the volatility
Hmmm... no fundies.. it all written on the charts
  • #13,337
  • Aug 22, 2007 9:47am Aug 22, 2007 9:47am
I sure wish the 4hr candle would turn green again rather than red...

Ausl, some words of comfort mabe? Karm?
  • #13,338
  • Aug 22, 2007 9:48am Aug 22, 2007 9:48am
Quoting kevinsw
I sure wish the 4hr candle would turn green again rather than red...

Ausl, some words of comfort mabe? Karm?
4hr is green on my chart, sitting at 229
  • #13,339
  • Aug 22, 2007 9:49am Aug 22, 2007 9:49am
Quoting kevinsw
I sure wish the 4hr candle would turn green again rather than red...

Ausl, some words of comfort mabe? Karm?
231.50

I'll be back after class, later
Trade what you see, not what you think.
  • #13,340
  • Aug 22, 2007 9:53am Aug 22, 2007 9:53am
Quoting lawrh
4hr is green on my chart, sitting at 229
Yup it turned green as I was typing that out...uggg.. what a day off I going to have huh...

I followed my charts but ain't got a 2hr chart.... the other ones made make me suffer enough even when I DO believe in the trade I entered...lol It is the first time I have ever traded based on the 4hr chart alone and just used the others for my entry point.

I still like the color green rather than red though....
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