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

  • #19,101
  • Aug 30, 2007 10:08am Aug 30, 2007 10:08am
Quoting karmostaji
Let me enjoy it LOL, yah 244.50 needs to be broken first.. :
I may short if the 251.00 isn't broken convincingly.

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #19,102
  • Aug 30, 2007 10:08am Aug 30, 2007 10:08am
Quoting peterM
What is guppy?
GBP/JPY
  • #19,103
  • Aug 30, 2007 10:11am Aug 30, 2007 10:11am
Quoting karmostaji
I think he's waiting for a 30m retrace first
Can't we just skip this part and shoot right up to 240.01 like in the next 5 - 10 mins?.. lol
  • #19,104
  • Aug 30, 2007 10:14am Aug 30, 2007 10:14am
Quoting kevinsw
Can't we just skip this part and shoot right up to 240.01 like in the next 5 - 10 mins?.. lol
Probably so, at the time you go to bed .. let's know when matey http://www.forexfactory.com/images/icons/icon10.gif
  • #19,105
  • Aug 30, 2007 10:14am Aug 30, 2007 10:14am
Looks like we might have both a 1hr and 30 min retrace...Hmmm
  • #19,106
  • Aug 30, 2007 10:14am Aug 30, 2007 10:14am
Quoting kevinsw
Can't we just skip this part and shoot right up to 240.01 like in the next 5 - 10 mins?.. lol
Were about there on the retrace, i have 232.52 as the retrace.
  • #19,107
  • Aug 30, 2007 10:14am Aug 30, 2007 10:14am
Quoting kevinsw
Can't we just skip this part and shoot right up to 240.01 like in the next 5 - 10 mins?.. lol

That will happen when you go to sleep mate
  • #19,108
  • Aug 30, 2007 10:15am Aug 30, 2007 10:15am
Quoting karmostaji
I think he's waiting for a 30m retrace first
or he may decide not to enter any further longs as he will not like the 4h momentum pointing down.

We are also close to a downwards TL from Monday's high 235.50 down to yesterday's high 234.55 - maybe it won't break that at all.

I'd prefer that cited 300 pip bull run but do see some signs that it may not happen? any different thoughts? but we always must remember that nobody including Auslanco knows what is going to happen (I still keep forgetting that sometimes)
Consistency and patience is everything
  • #19,109
  • Aug 30, 2007 10:15am Aug 30, 2007 10:15am
Quoting mktjong
Probably so, at the time you go to bed .. let's know when matey http://www.forexfactory.com/images/icons/icon10.gif
LOL...soon...soon.. just watch the charts..
  • #19,110
  • Aug 30, 2007 10:16am Aug 30, 2007 10:16am
How do you know witch time frame will have retrace 30m. or 1 h or 4 h
  • #19,111
  • Aug 30, 2007 10:17am Aug 30, 2007 10:17am
Quoting kevinsw
Looks like we might have both a 1hr and 30 min retrace...Hmmm
Why would you think that, Kevin? The momentum on the 1H is presently turned up pretty good.

M2B
  • #19,112
  • Aug 30, 2007 10:18am Aug 30, 2007 10:18am
Quoting kevinsw
LOL...soon...soon.. just watch the charts..
If we asked him, I bet Aus could use QQE to predict your bed time!

Ron
  • #19,113
  • Aug 30, 2007 10:19am Aug 30, 2007 10:19am
My2 where i can find how to read the momentum indicator??

thks
  • #19,114
  • Aug 30, 2007 10:19am Aug 30, 2007 10:19am
Quoting kevinsw
Looks like we might have both a 1hr and 30 min retrace...Hmmm
won't be for aleast another hour
  • #19,115
  • Aug 30, 2007 10:20am Aug 30, 2007 10:20am
hopefully my scepticism is misplaced - another bull attack on 234 right now - come on!!!
Consistency and patience is everything
  • #19,116
  • Aug 30, 2007 10:20am Aug 30, 2007 10:20am
Quoting my2buoys
Why would you think that, Kevin? The momentum on the 1H is presently turned up pretty good.

M2B
I was just watching the red candle and saw it was rather close on both...that's all. heck I would rather just shoot up and be done with it,,,lol
  • #19,117
  • Aug 30, 2007 10:26am Aug 30, 2007 10:26am
Retrace did not hit the 30 min 5 sma
Not too anxious either to get pass 234.05
  • #19,118
  • Aug 30, 2007 10:26am Aug 30, 2007 10:26am
shorting at the highs is working really well.
  • #19,119
  • Aug 30, 2007 10:29am Aug 30, 2007 10:29am
dow has dropped into red. I'm hoping for a 2.5 hour short now, if the stock market guys will do what they should do and sell until closing.
  • #19,120
  • Aug 30, 2007 10:29am Aug 30, 2007 10:29am
I went Long @233.54
TP 236.54
SL 235.33
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