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

  • #27,661
  • Sep 17, 2007 5:17am Sep 17, 2007 5:17am
Quoting privatefr
Auslanco,

What service you use for real time FX news?

I guess we will need the best one for tomorrow LOL

Pepe
tradethenews.com
  • #27,662
  • Sep 17, 2007 5:28am Sep 17, 2007 5:28am
So, if he urge rate cut, then there should be a small rally... . it goes well with 4H retracement .... mmm
  • #27,663
  • Sep 17, 2007 5:31am Sep 17, 2007 5:31am
Just read the Weekly Analysis Thread again. I particularly enjoyed Aus' comments on not getting 'married' to a bearish position at this time (or to any position at any time, for that matter). As intraday traders we must remain flexible and ready to respond to what 'price' is telling us, not our gut. Aus emphasized the fact that the Daily QQE was still bullish and until/unless it crosses down we need to be careful with shorts. I posted a weekly chart last night showing that the last four weeks have produced lower highs and higher lows. Price is 'squeezing'. Here is a look at the Dailly Chart showing the high and low points of last week as well as a Daily Trend Line which now registers at the 228.90 area. I've read the posts that are calling for this thing to 'free fall', 'go to hell', shoot down to 227, 226, 2whatever, but let's not forget that 'price' is in charge. Until 228.60 is successfully breached (last week's low) then there is every 'possibility' that this thing could go back up. I only post this as a balance to the overwhelming bearish atmosphere out there right now, not to scare anybody who is short. Take it for what it's worth.

M2B
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy daily.gif Size: 26 KB
  • #27,664
  • Sep 17, 2007 5:33am Sep 17, 2007 5:33am
Quoting Syafi
So, if he urge rate cut, then there should be a small rally... . it goes well with 4H retracement .... mmm
4Hr Retracement will take place between 11GMT and 13GMT. Before that I 'm expecting this price to touch 228.80 , where my TP target for 15 min strategy .
  • #27,665
  • Sep 17, 2007 5:37am Sep 17, 2007 5:37am
guess whos back?

boo
  • #27,666
  • Sep 17, 2007 5:38am Sep 17, 2007 5:38am
Quoting auslanco
4Hr Retracement will take place between 11GMT and 13GMT. Before that I 'm expecting this price to touch 228.80 , where my TP target for 15 min strategy .

aus --t/p for 15min strat?--would thae be from the second entry---right?--not the original signal happened ages ago---right?
  • #27,667
  • Sep 17, 2007 5:39am Sep 17, 2007 5:39am
Quoting auslanco
4Hr Retracement will take place between 11GMT and 13GMT. Before that I 'm expecting this price to touch 228.80 , where my TP target for 15 min strategy .
Err isn't it now 11.38 GMT ? or will it must wait US open...
  • #27,668
  • Sep 17, 2007 5:40am Sep 17, 2007 5:40am
Quoting my2buoys
Here is a look at the Dailly Chart showing the high and low points of last week as well as a Daily Trend Line which now registers at the 228.90 area. I've read the posts that are calling for this thing to 'free fall', 'go to hell', shoot down to 227, 226, 2whatever, but let's not forget that 'price' is in charge. Until 228.60 is successfully breached (last week's low) then there is every 'possibility' that this thing could go back up. I only post this as a balance to the overwhelming bearish atmosphere out there right now, not to scare anybody who is short. Take it for what it's worth.

M2B
Bro.. You read my mind again.. although I got the 228.80 from Daily Pivot support 1, This wave will not go pass that area.. We already have a retracement signal from 4hr and as you mentioned there's a support line on 228.90 area. This is the lowest this pair would go for today.
  • #27,669
  • Sep 17, 2007 5:40am Sep 17, 2007 5:40am
Quoting Hakuna Matata

i actually see this falling to 226.80ish today-- im still biased short

bbl

view hasnt changed---lets see !
  • #27,670
  • Sep 17, 2007 5:41am Sep 17, 2007 5:41am
Quoting Syafi
Err isn't it now 11.38 GMT ? or will it must wait US open...
err no.
  • #27,671
  • Sep 17, 2007 5:43am Sep 17, 2007 5:43am
Quoting auslanco
err no.
  • #27,672
  • Sep 17, 2007 5:45am Sep 17, 2007 5:45am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting auslanco
err no.
what time you got for GMT have you allowed for BST GMT+1, current UK time is 11.45
  • #27,673
  • Sep 17, 2007 5:47am Sep 17, 2007 5:47am
Quoting Hakuna Matata
aus --t/p for 15min strat?--would thae be from the second entry---right?--not the original signal happened ages ago---right?
It's the original one from 231.22.. Currently on 190 pips profits and closed it now.. 'cos 15 min QQE5 cross upwards
  • #27,674
  • Sep 17, 2007 5:47am Sep 17, 2007 5:47am
Yeah, it's 11:47 GMT now
  • #27,675
  • Sep 17, 2007 5:49am Sep 17, 2007 5:49am
Quoting VishalJ
Yeah, it's 11:47 GMT now
Hey doc,, It's 10.49 AM GMT
  • #27,676
  • Sep 17, 2007 5:50am Sep 17, 2007 5:50am
Hi Aus

For us newbies, still struggling (but reading the strat and not taking 200 lots on a $5000 account!!) could you be patient enough to explain please, how you can tell that the 4hr retrace will take place between11GMT and 13GMT. ??

sorry, but I've missed how you can tell when retrace should occur.
appreciate any clarification.

Quoting auslanco
4Hr Retracement will take place between 11GMT and 13GMT. Before that I 'm expecting this price to touch 228.80 , where my TP target for 15 min strategy .
  • #27,677
  • Sep 17, 2007 5:51am Sep 17, 2007 5:51am
Quoting VishalJ
Yeah, it's 11:47 GMT now
10:51 GMT
  • #27,678
  • Sep 17, 2007 5:52am Sep 17, 2007 5:52am
Karmo--bro--hope u feeling better after all those green pips from the ride down
u'll get yo 229 buddy

dinner time for me !
  • #27,679
  • Sep 17, 2007 5:53am Sep 17, 2007 5:53am
its llokin ready to cont its drop
drop
  • #27,680
  • Sep 17, 2007 5:54am Sep 17, 2007 5:54am
Quoting rodders
10:51 GMT
heh, being mistaken with london time .......
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