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

  • #27,221
  • Sep 14, 2007 10:15am Sep 14, 2007 10:15am
A little bit of trendlineresistace here.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy, h4.gif Size: 47 KB
  • #27,222
  • Sep 14, 2007 10:16am Sep 14, 2007 10:16am
Downward action WILL resume, sit tight and smile
Trade what you see, not what you think.
  • #27,223
  • Sep 14, 2007 10:17am Sep 14, 2007 10:17am
Yes I know, but who ever programmed these computers has to be a bit confused.
Edit: Or did you mean something else behind the scenes?


Quoting dimmi
You do realise that transactions take place which in effect are 'buying' or 'selling' this pair.. but are not people actually trading it like we are..
  • #27,224
  • Sep 14, 2007 10:19am Sep 14, 2007 10:19am
Quoting bablo
No offence but really, Try GOOGLE!
Or www.babypips.com
  • #27,225
  • Sep 14, 2007 10:20am Sep 14, 2007 10:20am
Quoting Kurti
Yes I know, but who ever programmed these computers has to be a bit confused.
Edit: Or did you mean something else behind the scenes?
I am sure the computers made a few people a lot of money on that 130 pip spike. We can't compete with movements like that.
  • #27,226
  • Sep 14, 2007 10:21am Sep 14, 2007 10:21am
Quoting karmostaji
Downward action WILL resume, sit tight and smile
Karmostaji, Are you God? haha
I dream, therefore I become.
  • #27,227
  • Sep 14, 2007 10:22am Sep 14, 2007 10:22am
Quoting kuroro001
With the aus 15mn strategy, all Yen pair are signaling a buy opportunity
We'd better take care
Thanks. I have not read Aus' new quickie strategy yet. Will do so this weekend but I always assume strategies for longer time-frames are more robust? BR
  • #27,228
  • Sep 14, 2007 10:23am Sep 14, 2007 10:23am
Quoting mike w
Karmostaji, Are you God? haha
Actually, a human being with a little bit of brain and common sense.
Trade what you see, not what you think.
  • #27,229
  • Sep 14, 2007 10:23am Sep 14, 2007 10:23am
What do you think. Next pause at 230.5 area?
  • #27,230
  • Sep 14, 2007 10:24am Sep 14, 2007 10:24am
Quoting markam
What do you think. Next pause at 230.5 area?
It collected enough power to break that TL it couldn't break earlier, TL is around 230.30 area now.
Trade what you see, not what you think.
  • #27,231
  • Sep 14, 2007 10:25am Sep 14, 2007 10:25am
Smart money guys aughta be taking some profits since its friday dont cha think? Lets hope this is the beginning.
"Only when the tide goes out will we know who is swimming naked."
  • #27,232
  • Sep 14, 2007 10:28am Sep 14, 2007 10:28am
Quoting Kurti
Yes I know, but who ever programmed these computers has to be a bit confused.
Edit: Or did you mean something else behind the scenes?
dimmi means that there will be governments or companies that have a requirement to buy currency. This can also have an effect on the price. They have no intention of trading with the currency they buy. Maybe they need the currency to buy military hardware, oil etc...
  • #27,233
  • Sep 14, 2007 10:30am Sep 14, 2007 10:30am
May be another small rise in price to get in another few lots as there seems to be another pin bar coming up on this 15 minute chart.
I dream, therefore I become.
  • #27,234
  • Sep 14, 2007 10:31am Sep 14, 2007 10:31am
Quoting AndyPass
dimmi means that there will be governments or companies that have a requirement to buy currency. This can also have an effect on the price. They have no intention of trading with the currency they buy. Maybe they need the currency to buy military hardware, oil etc...


  • #27,235
  • Sep 14, 2007 10:32am Sep 14, 2007 10:32am
Hourly bar should close below 231.07 as that was/is a good support area
Trade what you see, not what you think.
  • #27,236
  • Sep 14, 2007 10:32am Sep 14, 2007 10:32am
Karmostaji...

thanks for your advices...

I got a lot of pips this week...
have a nice weekend mate...
  • #27,237
  • Sep 14, 2007 10:33am Sep 14, 2007 10:33am
Quoting cloudthers
Karmostaji...

thanks for your advices...

I got a lot of pips this week...
have a nice weekend mate...
Have a great weekend cloudthers & enjoy your pips
Trade what you see, not what you think.
  • #27,238
  • Sep 14, 2007 10:34am Sep 14, 2007 10:34am
Quoting mike w
May be another small rise in price to get in another few lots as there seems to be another pin bar coming up on this 15 minute chart.
Read about pin-bars my friends
Trade what you see, not what you think.
  • #27,239
  • Sep 14, 2007 10:34am Sep 14, 2007 10:34am
Quoting karmostaji
It collected enough power to break that TL it couldn't break earlier, TL is around 230.30 area now.
The TL is lower now. Just below 230.00, I went long again on the hit. Just scalping now... taking what I can get. I can't see any more big moves for the rest of today - maybe a bit of action before close.
  • #27,240
  • Sep 14, 2007 10:36am Sep 14, 2007 10:36am
Karmo,

do you think they are reliable in 15 min??

TIA

Pepe
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