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

  • #14,881
  • Aug 24, 2007 2:48am Aug 24, 2007 2:48am
Quoting Qman
By my understanding, and Aus system trade is possible. The 1 hr chart has signaled short, but must be confirmed with the 4 hour cross down on the QQE in the next half hour. If however, price retraces in this half hour and 1 hr chart has QQE cross back above 50, AND 4 hour chart can just have QQE turn up and price closes above 5e/sma then there would be a signal long. Long signal would be for 300 pips as daily confirms, short would be for 200.

Anybody disagree? This is first I've posted my interpretation of the indicators, so consider the source. -- Qman
And here is another guess, for what it is worth. Given the pending news in the US markets, and seeing the recent retracement in this hour lose momentum, I'd guess we won't have a signal completed for the Aus system in the current 4 hour candle. So, my final thought is, we will get our signal in the next candle, about 4hrs and 15 minutes from now - if we are lucky -- and certainly in the following 8 hours and 15 minutes appx. But that will put us near the Friday close, and most people are nervous about holding over a weekend. --- Maximum discomfort will be mixed market for now with a clear signal right before the close --- so guess what will probably happen...
  • #14,882
  • Aug 24, 2007 2:50am Aug 24, 2007 2:50am
Quoting auslanco
Did any one made money from the dip???
mwa
  • #14,883
  • Aug 24, 2007 2:50am Aug 24, 2007 2:50am
Quoting Hakuna Matata
bro--u must be having a deep S/L to hold that long position of yours (u still holding or i remeber u saying that u had/thinkin of s/l at 231.50?)
200-300 s/l is no problemo for me, I've said b4 that I use very deep s/l, that's why I don't like posting my s/l coz majority won't take that risk, but to me losing 300 pips means nothing.. bcz I will make 500 next time

I will sit still with my LONGS until 238.80! but first we have the other 2 TP's
Trade what you see, not what you think.
  • #14,884
  • Aug 24, 2007 2:51am Aug 24, 2007 2:51am
Quoting 59fender
next stop 232.50
bam
  • #14,885
  • Aug 24, 2007 2:51am Aug 24, 2007 2:51am
Quoting Hakuna Matata
mwa
now mwa is long from 50ema on 4 hr at 231.25
  • #14,886
  • Aug 24, 2007 2:51am Aug 24, 2007 2:51am
Quoting VishalJ
It'll be even trickier if the gdp comes out exactly as forecast - i hate those kind of reports. This might range then til NY open and the us reports.. unless karmo and his dubai hedge fund buys a ton of GJ
I'm here, there is no ranging buddy, we are going up and only up
Trade what you see, not what you think.
  • #14,887
  • Aug 24, 2007 2:51am Aug 24, 2007 2:51am
Quoting 59fender
bam
who needs those funky indicators anyhow
  • #14,888
  • Aug 24, 2007 2:52am Aug 24, 2007 2:52am
Quoting Hakuna Matata
mwa

Great.. I Covered all my losses
  • #14,889
  • Aug 24, 2007 2:52am Aug 24, 2007 2:52am
Quoting karmostaji
I'm here, there is no ranging buddy, we are going up and only up
I hope so bro.. I get tired of ranging markets.. my eyes keep going up and down the entire day.
  • #14,890
  • Aug 24, 2007 2:53am Aug 24, 2007 2:53am
I love how that daily QQE crossed upwards
Trade what you see, not what you think.
  • #14,891
  • Aug 24, 2007 2:54am Aug 24, 2007 2:54am
Quoting Lincoln_10
ok bro... will be waiting...

a close above 231.70 and an unexpected GDP release might take this pair way lower...

tricky market at the moment.
I think it's obvious now, I'm sticking with the bulls for sure
Trade what you see, not what you think.
  • #14,892
  • Aug 24, 2007 2:54am Aug 24, 2007 2:54am
Good Afternoon Aus.. how was the sleep (Any PiP dreams) it was an awsome day in Melbourne.. too bad i gotta go to work soon..
  • #14,893
  • Aug 24, 2007 2:55am Aug 24, 2007 2:55am
Quote
auslancoDid any one made money from the dip???

opened short at 234.30......as it broke my trendline.......closed at M-M line 4/8....231.25...

  • #14,894
  • Aug 24, 2007 2:56am Aug 24, 2007 2:56am
Quoting auslanco
Great.. I Covered all my losses
i had a 20 pip loss on that long from yesterday
but then rode this rollercoaster down today and now riding this rollercoaster back up again---now Karmo/Aus both are here and everyone should hop on board on this rollercoaster---im losing my mind
  • #14,895
  • Aug 24, 2007 2:57am Aug 24, 2007 2:57am
Quoting karmostaji
I think it's obvious now, I'm sticking with the bulls for sure
if we can make 235.20 today
I will be SO darn happy.
give me my pips back...
  • #14,896
  • Aug 24, 2007 2:57am Aug 24, 2007 2:57am
Bullish engulfing candles on hourly on UJ GU GJ

shorties, I'm here to collect your pips
Trade what you see, not what you think.
  • #14,897
  • Aug 24, 2007 2:57am Aug 24, 2007 2:57am
Looks like we just had a textbook 4 HR 5SMA retrace. Let's see if it keeps going, or starts back down.
  • #14,898
  • Aug 24, 2007 2:58am Aug 24, 2007 2:58am
Quoting Lincoln_10
if we can make 235.20 today
I will be SO darn happy.
Just be patient and don't panic, stay calm
Trade what you see, not what you think.
  • #14,899
  • Aug 24, 2007 2:58am Aug 24, 2007 2:58am
Quoting FXStudent
Good Afternoon Aus.. how was the sleep (Any PiP dreams) it was an awsome day in Melbourne.. too bad i gotta go to work soon..

No sleep buddy.. Just did a quite trade on that dip.. Made 200+ pips.. Just covered my losses for the week I got the all weekend to sleep who needs to sleep every night anyway
  • #14,900
  • Aug 24, 2007 3:00am Aug 24, 2007 3:00am
Quoting auslanco
Did any one made money from the dip???
Had a limit order sitting at 230.70 missed it by 12 pips
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