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

  • #13,641
  • Aug 22, 2007 6:27pm Aug 22, 2007 6:27pm
Quoting Piters
Congrat. for your calls.

Now you are step closer to your lambo
Hahahaha it is still far away, time will come.. I'm patient
Trade what you see, not what you think.
  • #13,642
  • Aug 22, 2007 6:29pm Aug 22, 2007 6:29pm
Its mean.... if the 50.0% broken at 231.69, the price will go to 61.8%. And if 61.8% fibo is broken, the trend is changed to uptrade... Is it true?
  • #13,643
  • Aug 22, 2007 6:29pm Aug 22, 2007 6:29pm
"BoJ announcement expected after 10pm. July's announcement came at 11:50pm"
  • #13,644
  • Aug 22, 2007 6:29pm Aug 22, 2007 6:29pm
Quoting kevinsw
Ummm New fib? what time frame got changed and why if I might ask? (learning)
hourly chart, I use this at times with some trendline.. for my boredom and sometimes for a good entry

new fib is from low of 225.32 to high of 231.50

23.6 is 230.08 and just below it by a bit i have 2 fibs, so this is a good support area to watch for now
Trade what you see, not what you think.
  • #13,645
  • Aug 22, 2007 6:32pm Aug 22, 2007 6:32pm
Quoting HnP
Its mean.... if the 50.0% broken at 231.69, the price will go to 61.8%. And if 61.8% fibo is broken, the trend is changed to uptrade... Is it true?
The logic is correct, but remember I have daily and weekly fib's on my chart also, and we will also have Support/Resistance levels at different places also.
Trade what you see, not what you think.
  • #13,646
  • Aug 22, 2007 6:32pm Aug 22, 2007 6:32pm
Good morning...

Looks like another move while I was asleep

Karmos Magic Continues......Well done brother
  • #13,647
  • Aug 22, 2007 6:34pm Aug 22, 2007 6:34pm
Quoting auslanco
Good morning...

Looks like another move while I was asleep

Karmos Magic Continues......Well done brother
Good morning Boss

Thanks bro, here you can have the magic stick now
Trade what you see, not what you think.
  • #13,648
  • Aug 22, 2007 6:36pm Aug 22, 2007 6:36pm
Goodmorning Auslanco,..Glad your here!
And well done Karmo ..top call
  • #13,649
  • Aug 22, 2007 6:37pm Aug 22, 2007 6:37pm
Quoting karmostaji
Good morning Boss

Thanks bro, here you can have the magic stick now
LOL... you damn well know how to use the Magic stick alot better than me bro... So have you decided where you going to open up your bank account.... Munich, Geneva or Virgin Islands???
  • #13,650
  • Aug 22, 2007 6:38pm Aug 22, 2007 6:38pm
Quoting karmostaji
hourly chart, I use this at times with some trendline.. for my boredom and sometimes for a good entry

new fib is from low of 225.32 to high of 231.50

23.6 is 230.08 and just below it by a bit i have 2 fibs, so this is a good support area to watch for now
UGHHH my fibs are messed up.... I ain't got nothing at 230.08

Just how often do you redraw your fibs? All of them if I might ask? (still learning..lol)
  • #13,651
  • Aug 22, 2007 6:38pm Aug 22, 2007 6:38pm
Quoting karmostaji
Hahahaha it is still far away, time will come.. I'm patient
Thank you for teaching and practicing patience. Good things come to those who wait

Both Aus and yourself show remarkable generosity, patience and kindness. Not to mention markam and Hakuna and M2B, and..and..and everyone here.

Now back to studying the charts and still trying to understand retracements. Theoretically it's all there, but when it comes to practice....now that's another thing...I still seem to mess things up 80% of the times
  • #13,652
  • Aug 22, 2007 6:39pm Aug 22, 2007 6:39pm
From FF's Calendar, this is the official BOJ site:

http://www.boj.or.jp/en/theme/seisaku/kettei/index.htm

Note that local times indicate that past announcements were
mostly 12:40-12:55PM. One was earlier, others later.
When it's 12:45 in Japan, it's -13 hours EST, or 23:45 EDT --
about 2 1/4 hours from now, give or take.


See the world clock at:
http://www.worldtimezone.com/index24.php
  • #13,653
  • Aug 22, 2007 6:40pm Aug 22, 2007 6:40pm
Quoting auslanco
LOL... you damn well know how to use the Magic stick alot better than me bro... So have you decided where you going to open up your bank account.... Munich, Geneva or Virgin Islands???
I'm poor bud, not opening any bank accounts just yet

I'm just going to Munich for a small vacation, tired of studying books
Trade what you see, not what you think.
  • #13,654
  • Aug 22, 2007 6:44pm Aug 22, 2007 6:44pm
Quoting kevinsw
UGHHH my fibs are messed up.... I ain't got nothing at 230.08

Just how often do you redraw your fibs? All of them if I might ask? (still learning..lol)
everytime the 0.0 fib or the 100.00 fib gets broken, my 4H, Daily, Weekly are still the same.. they take a while till I make new one's coz they've got to move a lot to break either 0.0 or 100.00 for me to make new fibs.

1H chart moves faster and changes quicker, draw your fib from low of 225.32 and drag it to 231.55, you should have:
23.6 (230.08)
38.2 (229.17)
50.0 (228.44)
61.8 (227.70)
Trade what you see, not what you think.
  • #13,655
  • Aug 22, 2007 6:45pm Aug 22, 2007 6:45pm
Quoting karmostaji

I'm just going to Munich for a small vacation
Ahhh.. we don't believe that...Thats Ok bro . I heard Kevin is a IRA spy. So we will keep it quite
  • #13,656
  • Aug 22, 2007 6:46pm Aug 22, 2007 6:46pm
Quoting Venturess
Thank you for teaching and practicing patience. Good things come to those who wait

Both Aus and yourself show remarkable generosity, patience and kindness. Not to mention markam and Hakuna and M2B, and..and..and everyone here.

Now back to studying the charts and still trying to understand retracements. Theoretically it's all there, but when it comes to practice....now that's another thing...I still seem to mess things up 80% of the times
Thanks bro, like I always say.. we are here to learn

Retracement means how much of a pull-back will it make before resuming it's trend, but every TF might have a different trend and it can get really confusing at times. so my suggestion is to take one TF at a time, understand one TF fib retracement and then go to the next one, keep practicing
Trade what you see, not what you think.
  • #13,657
  • Aug 22, 2007 6:47pm Aug 22, 2007 6:47pm
There is a strong 4hr 5 SMA retracement due.. But fundies news can change everything
  • #13,658
  • Aug 22, 2007 6:48pm Aug 22, 2007 6:48pm
Quoting auslanco
Ahhh.. we don't believe that...Thats Ok bro . I heard Kevin is a IRA spy. So we will keep it quite
LOL you seem to be in a good mood today
Trade what you see, not what you think.
  • #13,659
  • Aug 22, 2007 6:49pm Aug 22, 2007 6:49pm
well done... kam.. please check your private messages from me
Quoting karmostaji
Thanks bro, like I always say.. we are here to learn

Retracement means how much of a pull-back will it make before resuming it's trend, but every TF might have a different trend and it can get really confusing at times. so my suggestion is to take one TF at a time, understand one TF fib retracement and then go to the next one, keep practicing
  • #13,660
  • Aug 22, 2007 6:49pm Aug 22, 2007 6:49pm
Quoting auslanco
There is a strong 4hr 5 SMA retracement due.. But fundies news can change everything
you make everything perfect my friend

4H 5SMA
Trendlines
new 23.6 fib

All of them in the same area
Trade what you see, not what you think.
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