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

  • #28,281
  • Sep 17, 2007 10:38pm Sep 17, 2007 10:38pm
Quoting bill77
Wow, how good is this pivot indicator. just looked @ the london/us pivots on the hourly chart and the last 5 candles stop right on the previous suport 1 line which is at 228.82
Awsome isnt it.
  • #28,282
  • Sep 17, 2007 10:42pm Sep 17, 2007 10:42pm

if not go down then it will go up..

"Analysis Is Hard But Trade Is Easy"
  • #28,283
  • Sep 17, 2007 10:43pm Sep 17, 2007 10:43pm
Quoting kayman
Karmo gona ask .....where are the fibs bud ?
In my pockets :

Which fibs are you talking about??
Trade what you see, not what you think.
  • #28,284
  • Sep 17, 2007 10:43pm Sep 17, 2007 10:43pm
european premarket doesn't give any indication of fireworks to come.
Quote
Financial bookmakers, or spread betters, in London expected Britain's FTSE 100 (.FTSE: Quote, Profile, Research) index to open between 2 and 7 points higher, the German DAX (.GDAXI: Quote, Profile, Research) 12 to 13 points lower and the French CAC 40 (.FCHI: Quote, Profile, Research) 4 to 9 points lower.
  • #28,285
  • Sep 17, 2007 10:43pm Sep 17, 2007 10:43pm
Quoting kayman
Karmo gona ask .....where are the fibs bud ?
My fibs are on other Northfinance chart,

I just wanted him to confirm that i have learned how to trade trend lines and channels. next time i will make it complete
  • #28,286
  • Sep 17, 2007 10:44pm Sep 17, 2007 10:44pm
Quoting Se[V]eN

if not go down then it will go up..

Today it is going to go every direction there is, it is going to be one wild crazy day.
Trade what you see, not what you think.
  • #28,287
  • Sep 17, 2007 10:44pm Sep 17, 2007 10:44pm
Quoting auslanco
Any free falls will be limited due to record high oil prices.
Wont that make it quicker because of higher oil prices lower will be consumer spending .people will buy less ,spend less .less business activities low profit for the listed companies in stock market . Hence a fall in stock which in return will pull GJ with it.
  • #28,288
  • Sep 17, 2007 10:47pm Sep 17, 2007 10:47pm
Quoting karmostaji
In my pockets :

Which fibs are you talking about??
someone asked you to check his chart .... there were no fibs on that one... ..
Success has a Thousand Fathers.
  • #28,289
  • Sep 17, 2007 10:49pm Sep 17, 2007 10:49pm
Frankfurt>>>

GJ could move up.. Price already tested the London resistance level (228.82), 30min QQE is about to cross upwards, The pair didnt have the due 4hr retracemnt on the last bar, and all the smaller TF have turned bull.
  • #28,290
  • Sep 17, 2007 10:51pm Sep 17, 2007 10:51pm
long 228.71--with tight s/l
  • #28,291
  • Sep 17, 2007 10:52pm Sep 17, 2007 10:52pm
I'm the Big Bear Karmo
Trade what you see, not what you think.
  • #28,292
  • Sep 17, 2007 10:52pm Sep 17, 2007 10:52pm
Quoting Hakuna Matata
long 228.71--with tight s/l

wow--just as i tootk that trade--20 pips s/l was blown--damn
  • #28,293
  • Sep 17, 2007 10:54pm Sep 17, 2007 10:54pm
I shorted @ 228.72 since price couldn't break above that fib level I mentioned earlier
Trade what you see, not what you think.
  • #28,294
  • Sep 17, 2007 10:56pm Sep 17, 2007 10:56pm
Quoting karmostaji
I shorted @ 228.72 since price couldn't break above that fib level I mentioned earlier
my short below s/l kicked in at 228.48
  • #28,295
  • Sep 17, 2007 10:59pm Sep 17, 2007 10:59pm
small waterfall in my chart. made 10 pips on the short.
  • #28,296
  • Sep 17, 2007 11:09pm Sep 17, 2007 11:09pm
hit my tp... so a little celebration is in order before i hit the sack...

http://i1.tinypic.com/4v3718m.gif

c u before US session.

Gandy
  • #28,297
  • Sep 17, 2007 11:09pm Sep 17, 2007 11:09pm
why so much of volatility now??

any particular reason?
  • #28,298
  • Sep 17, 2007 11:10pm Sep 17, 2007 11:10pm
Quoting karmostaji
I shorted @ 228.72 since price couldn't break above that fib level I mentioned earlier
You may want to exit it .. London will drag this up.. to consolidate the price for the upcoming news.
  • #28,299
  • Sep 17, 2007 11:11pm Sep 17, 2007 11:11pm
Quoting auslanco
You may want to exit it .. London will drag this up.. to consolidate the price for the upcoming news.

if i get a 15min rev signal--i guess ill take the loss--till then-- i hang on --lol
  • #28,300
  • Sep 17, 2007 11:12pm Sep 17, 2007 11:12pm
Quoting intelmaster
why so much of volatility now??

any particular reason?
frankfurt open
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