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

  • #17,221
  • Aug 28, 2007 4:25pm Aug 28, 2007 4:25pm
Quoting markam
Karmo is short and I am long. Did the world just end?

No , one of you is going to give pips to the other one
COT: The precious data ignored
  • #17,222
  • Aug 28, 2007 4:26pm Aug 28, 2007 4:26pm
Quoting kuroro001
Yeh Auslanco said that we had to look at the momentum indicator to see if a retracement is going to occur.
For example, if you are in a cleary downtrend and the 30mn momentum is pointing up , you should see a 30mn 5sma retracement i think

I may be wrong , but that's the way i understand it. I just need someone to confirm me that i am right please
Anyone . . .

Does 30 Mn retracement mean that price should retrace to the CURRENT value of the 30 minute 5sma?

Thanks in advance

K
  • #17,223
  • Aug 28, 2007 4:26pm Aug 28, 2007 4:26pm
Quoting markam
Karmo is short and I am long. Did the world just end?
definitely time to stay out of the market. lol
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #17,224
  • Aug 28, 2007 4:27pm Aug 28, 2007 4:27pm
I became a bear since we broke 231.40-70 area, that was the plan
Trade what you see, not what you think.
  • #17,225
  • Aug 28, 2007 4:28pm Aug 28, 2007 4:28pm
Quoting kuroro001
Yeh Auslanco said that we had to look at the momentum indicator to see if a retracement is going to occur.
For example, if you are in a cleary downtrend and the 30mn momentum is pointing up , you should see a 30mn 5sma retracement i think

I may be wrong , but that's the way i understand it. I just need someone to confirm me that i am right please
So the red line in the momentum indicator does not play any significance or the level it's at just the direction it is pointing?
  • #17,226
  • Aug 28, 2007 4:28pm Aug 28, 2007 4:28pm
Quoting Kev-K
Anyone . . .

Does 30 Mn retracement mean that price should retrace to the CURRENT value of the 30 minute 5sma?

Thanks in advance

K
Not the same exact value , but more or less yeh it should
And the 30mn 5sma is different for each people cause each one of us is with a different broker so..
COT: The precious data ignored
  • #17,227
  • Aug 28, 2007 4:28pm Aug 28, 2007 4:28pm
Quoting karmostaji
whoever went long, I want to thank you for giving me some pips lol

next stop is 227.40, i'll have those pips markam

Man u crack me up sometimes ( like....yoyo take a hike .... oops wrong guy)
  • #17,228
  • Aug 28, 2007 4:28pm Aug 28, 2007 4:28pm
rockets will not misfire this time. time to wake up the dollar/yen.
  • #17,229
  • Aug 28, 2007 4:30pm Aug 28, 2007 4:30pm
Quoting kuroro001
Did you become a bear now ?
no man he said long time back that he'll switch if a significant breach of .70 happens....so he's still cool didn't betray
  • #17,230
  • Aug 28, 2007 4:31pm Aug 28, 2007 4:31pm
While we are waiting for a possible retracement, I was wondering if anyone knows why I am not able to get the momentum indicator to show a line down the center. I have tried everything I can think of. I am using MT4.
Attached Image (click to enlarge)
Click to Enlarge Name: momentum.gif Size: 47 KB
  • #17,231
  • Aug 28, 2007 4:31pm Aug 28, 2007 4:31pm
Quoting zoheir
Man u crack me up sometimes ( like....yoyo take a hike .... oops wrong guy)
Hahahaha poor yoyo, most probably i'm coming back tomorrow

chill at home, drink chay heleeb and trade LOL
Trade what you see, not what you think.
  • #17,232
  • Aug 28, 2007 4:32pm Aug 28, 2007 4:32pm
Quoting moneymagnet
bull man?







sorry, i couldn't help but laughing
  • #17,233
  • Aug 28, 2007 4:33pm Aug 28, 2007 4:33pm
I really can't see anymore Guppy support. It seems to have broken through any remaining support without a problem. I thought 229 would hold but I suspect some panic selling has set in and broken through it quite easily.

Next target will be a retest of the low around 220.
  • #17,234
  • Aug 28, 2007 4:34pm Aug 28, 2007 4:34pm
It's going up.:
  • #17,235
  • Aug 28, 2007 4:35pm Aug 28, 2007 4:35pm
Quoting markam
It's going up.:
time for the rockets to take off. what is your t/p?
  • #17,236
  • Aug 28, 2007 4:35pm Aug 28, 2007 4:35pm
Quoting karmostaji
Hahahaha poor yoyo, most probably i'm coming back tomorrow

chill at home, drink chay heleeb and trade LOL
yeah come back man Dubai has changed a lot since u left, SZR is air conditioned now and burj dubai is the shortest in town
  • #17,237
  • Aug 28, 2007 4:37pm Aug 28, 2007 4:37pm
Quoting bmwboyee
time for the rockets to take off. what is your t/p?

I will take all the way to 230 if it will let me.
  • #17,238
  • Aug 28, 2007 4:37pm Aug 28, 2007 4:37pm
Quoting markam
It's going up.:

i have to agree,

sorry karmo. u're still my man though
  • #17,239
  • Aug 28, 2007 4:37pm Aug 28, 2007 4:37pm
Quoting zoheir
yeah come back man Dubai has changed a lot since u left, SZR is air conditioned now and burj dubai is the shortest in town
Nowhere is like Dubai for me, It's been only 3 days and I can't wait to come back LOL

Home sweet Home
Trade what you see, not what you think.
  • #17,240
  • Aug 28, 2007 4:37pm Aug 28, 2007 4:37pm
what wrong with FXCM, i can't close position
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