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

  • #31,501
  • Sep 24, 2007 7:46pm Sep 24, 2007 7:46pm
my 4hr canle closes in 15min
so far shorts looks good even on 4hr strat of mine
hopefully this is a good ride south
  • #31,502
  • Sep 24, 2007 7:47pm Sep 24, 2007 7:47pm
currently short from 231.95.

keep on going south gj.
  • #31,503
  • Sep 24, 2007 7:47pm Sep 24, 2007 7:47pm
Quoting auslanco
I got a short entry@ 231.67 TP1 230.75
TP2 229.70.
Hey aus may i ask which strategy you got your entry from?
  • #31,504
  • Sep 24, 2007 7:47pm Sep 24, 2007 7:47pm
Quoting Hakuna Matata
my 4hr canle closes in 15min
so far shorts looks good even on 4hr strat of mine
hopefully this is a good ride south
I believe first stop is 229.26 or so, weekly support.
  • #31,505
  • Sep 24, 2007 7:48pm Sep 24, 2007 7:48pm
If it manages to stay below 231.28, the next support is at 230.58. Think 230.60 will be good at TP. Shorted.
May the Pips be with You Let's Pimp some Pips!
  • #31,506
  • Sep 24, 2007 7:49pm Sep 24, 2007 7:49pm
watch out for the lower 4hr Trend LIne
  • #31,507
  • Sep 24, 2007 7:49pm Sep 24, 2007 7:49pm
Quoting Hakuna Matata
watch out for the lower 4hr Trend LIne

we need a close below that to see 229---so dont get overely excited yet
  • #31,508
  • Sep 24, 2007 7:50pm Sep 24, 2007 7:50pm
Quoting markam
sounds like you want to be invited to the room also.


pass
  • #31,509
  • Sep 24, 2007 7:51pm Sep 24, 2007 7:51pm
Quoting Cardiac
we might be at 229 by the time we hit the 5 sma at rate this is going...lol
there will always be other trades.
30min TF shows a strong 5sma retraco.. If a pair goes on one direction with out proper 1hr and 30 min retracements, it wouldnt go too far.
  • #31,510
  • Sep 24, 2007 7:52pm Sep 24, 2007 7:52pm
Quoting jdogg4000
Hey aus may i ask which strategy you got your entry from?
15min
  • #31,511
  • Sep 24, 2007 7:52pm Sep 24, 2007 7:52pm
this WILL retrace to 30m 5sma according to aus
take a look at this momentum on m30 chart..

Attached Image (click to enlarge)
Click to Enlarge Name: m30.gif Size: 15 KB
  • #31,512
  • Sep 24, 2007 7:53pm Sep 24, 2007 7:53pm
Quoting auslanco
30min TF shows a strong 5sma retraco.. If a pair goes on one direction with out proper 1hr and 30 min retracements, it wouldnt go too far.

Is VT working for you? I have no data when I start it up.
  • #31,513
  • Sep 24, 2007 7:54pm Sep 24, 2007 7:54pm
Quoting auslanco
15min
Did you enter at the 5 sma or did you enter based on momentum, i was going to enter where you did but i never got the 5 sma confirmation and i am not good with momentum. Thanks for your help i really appreciate it.
i did enter at 231.50 looking for 230.60
  • #31,514
  • Sep 24, 2007 7:55pm Sep 24, 2007 7:55pm
loool

someone's shorting big lots on GJ, now who might that be???
  • #31,515
  • Sep 24, 2007 7:58pm Sep 24, 2007 7:58pm
Quoting jdogg4000
Did you enter at the 5 sma or did you enter based on momentum, i was going to enter where you did but i never got the 5 sma confirmation and i am not good with momentum. Thanks for your help i really appreciate it.
i did enter at 231.50 looking for 230.60
Momentum based
  • #31,516
  • Sep 24, 2007 7:58pm Sep 24, 2007 7:58pm
Quoting lilmoe
loool

someone's shorting big lots on GJ, now who might that be???
Abe?
May the Pips be with You Let's Pimp some Pips!
  • #31,517
  • Sep 24, 2007 7:58pm Sep 24, 2007 7:58pm
Quoting Hakuna Matata
watch out for the lower 4hr Trend LIne
Right on.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy 4h.gif Size: 28 KB
  • #31,518
  • Sep 24, 2007 8:00pm Sep 24, 2007 8:00pm
Quoting markam
Is VT working for you? I have no data when I start it up.

Bro.. Get a live account.. smooth running with no downtime for the last 36 hours.
  • #31,519
  • Sep 24, 2007 8:02pm Sep 24, 2007 8:02pm
Quoting my2buoys
Right on.
Wow.. Great analysis M2B
  • #31,520
  • Sep 24, 2007 8:02pm Sep 24, 2007 8:02pm
My new 30m bar now has momentum pointing down. I don't seem to have any timeframe pointing to a 5sma retrace right now.
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