Why do we have resistance at this level!!!!
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #14,646
- Aug 23, 2007 6:48pm Aug 23, 2007 6:48pm
- Joined Aug 2006 | Status: Trader | 3,126 Posts
I guess Monarch just went long
NOTE: The Range today is:
Low 230.74
High 234.89
Median is 232.82
I expect to stay within this Median for the next few hours up to the Frankfurt, then will watch the direction at Frankfurt if we stay above or below this Line. From there, we will once again have the next London session with a bit of News along with it to make things fun - fun - fun.
I am Waiting for the NEXT time I can press my little Button.
- #14,647
- Aug 23, 2007 6:48pm Aug 23, 2007 6:48pm
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
How are the longs going.. ????... It looks like the 5mins is slowly crossing up... If it's crossed up and confirmed... the price could close @ 233.30 on this 4hr candle.
That's a tall our with 15 min remaining - hope you're right (of course
I know there is no buy / hold / sell intended in your assessments... just
skillful interpretations of what the indicators offer)
I see it in waves and that it could take another full 4HR+ if it doesn't
close above 233.30
looking at a 1HR chart, it usually takes ~5-10~ TF's to cycle through
1/2 oscillation (peak to valley back to peak)
and..... if this shoots up during this current 1HR as an engulfing candle
then it is still part of the current 1/2 oscillation and we're again on our way
up as the longs intend.
Dr. D.
- #14,649
- Aug 23, 2007 6:50pm Aug 23, 2007 6:50pm
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
My 30min QQE on VT is has crossed down but not in 30min MT4, anyone else seeing this???
Dont count VT.. some of there bars are missing during their connection problems
- #14,651
- Aug 23, 2007 6:51pm Aug 23, 2007 6:51pm
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
- #14,653
- Aug 23, 2007 6:53pm Aug 23, 2007 6:53pm
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
That's a tall our with 15 min remaining - hope you're right (of course
I know there is no buy / hold / sell intended in your assessments... just
skillful interpretations of what the indicators offer)
I see it in waves and that it could take another full 4HR+ if it doesn't
close above 233.30
looking at a 1HR chart, it usually takes ~5-10~ TF's to cycle through
1/2 oscillation (peak to valley back to peak)
and..... if this shoots up during this current 1HR as an engulfing candle
then it is still part of the current 1/2 oscillation and we're again on our way
up as the longs intend.
$hr candle is based on MT 4. Ithing it's
Dr. D.
- #14,654
- Aug 23, 2007 6:56pm Aug 23, 2007 6:56pm
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
- #14,655
- Aug 23, 2007 6:56pm Aug 23, 2007 6:56pm
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
- #14,656
- Aug 23, 2007 6:59pm Aug 23, 2007 6:59pm
- | Joined Aug 2006 | Status: Trader | 1,151 Posts
Good to know, but which to use???
let us see what Japan's session will bring to us
- #14,657
- Aug 23, 2007 7:00pm Aug 23, 2007 7:00pm
- | Joined Jul 2006 | Status: Trader | 1,364 Posts
Well, I made this screenshot (FXDD) for you a short while ago.
The attached template may be the same as that in post #14619 except for some of the colors. I think the indicators are already built into the template so I'm not including that here, only my template.
I know of some of your post from the other geppy, yeah from back then, and I know you help others when you can.
I'll look forward to my one pip some day, you're good for it
Auslanco, great system and thread you got going here, thx
Karmostaji, nice work on the Fibs, I've also learnt from you, thx.
May the +ve pips be with us all.
- #14,660
- Aug 23, 2007 7:09pm Aug 23, 2007 7:09pm
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts