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

  • #36,281
  • Oct 3, 2007 5:03am Oct 3, 2007 5:03am
237.24 is the 200SMA on daily chart, G/J needs to test that 237.20's levels before continue to go up after that 237.75 R1 i have it for london pivots.
  • #36,282
  • Oct 3, 2007 5:03am Oct 3, 2007 5:03am
Quoting Big Bruv
I think that's what they want you to think then just as you pull the trigger......POW ..baby...POW...

It just looks like a retest to me.....i'm expecting this bugger to head south...(crosses my finger)
looks like a 15 min 5 SMA retrace to me on GU. maybe good spot for sell?
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #36,283
  • Oct 3, 2007 5:03am Oct 3, 2007 5:03am
Quoting Hakuna Matata
pin bar doesnt mean anything till this current bar confirms it
if it does--then yes--i might exit--its got 2 min
thats when the deciding candle closed--2 min after i posted and thats when i exited
  • #36,284
  • Oct 3, 2007 5:11am Oct 3, 2007 5:11am
Quoting Hakuna Matata
thats when the deciding candle closed--2 min after i posted and thats when i exited

not only should i have exited--but on a 15min TF such a pattern is good place to go long for min 30-50 pips usually in g./j ( especially after a prev bullish run and then a retrace rejection )
...but i didnt take the long --coz i got busy listening to nonsense in a few posts in here
  • #36,285
  • Oct 3, 2007 5:13am Oct 3, 2007 5:13am
Quoting fourxtrader
Or open an account that offer as little as 1 pip spread on the GU and
1-5 pips on the GJ. Right now I see a 1-3 on GJ. Then add only 1 pip
coming and going as commission. In my view, that adds up to a
savings and consistently beats the 7-9+ pip spreads brokers required
in the GJ.

Certainly helps my scalping get to where I want to go in a hurry.
At this moment Oanda is showing 5.5 pip spread on G/J, no commission.
  • #36,286
  • Oct 3, 2007 5:15am Oct 3, 2007 5:15am
Quoting moneymagnet
looks like a 15 min 5 SMA retrace to me on GU. maybe good spot for sell?
NOOOOOOO! Let me TP first and then it can go whichever way. LOL!Sorry, been saying that since NY's session.

Lesson learnt: Don't be greedy to quickly change your TP when you see the market moving your way.
May the Pips be with You Let's Pimp some Pips!
  • #36,287
  • Oct 3, 2007 5:18am Oct 3, 2007 5:18am
Quoting Hakuna Matata
thats when the deciding candle closed--2 min after i posted and thats when i exited
Thanks for the chart hakuna. now let's make more green pips together.. 2 heads are better than one.. Specially if they are from Sydney & Melbourne.. well let’s not forget Perth
  • #36,288
  • Oct 3, 2007 5:20am Oct 3, 2007 5:20am
Quoting FXStudent
Thanks for the chart hakuna. now let's make more green pips together.. 2 heads are better than one.. Specially if they are from Sydney & Melbourne.. well let’s not forget Perth

ure from melbourne?? born there?
  • #36,289
  • Oct 3, 2007 5:30am Oct 3, 2007 5:30am
Quoting Hakuna Matata
ure from melbourne?? born there?
yes.. it's about time we go pass 237.23.. what do you think ?
  • #36,290
  • Oct 3, 2007 5:33am Oct 3, 2007 5:33am
Quoting FXStudent
yes.. it's about time we go pass 237.23.. what do you think ?
its possible.. it just broke mondays high then retraced.. Could be a good entry if there is going to be a follow through..
  • #36,291
  • Oct 3, 2007 5:37am Oct 3, 2007 5:37am
First target of 237.25 was hit. Waiting on next target of 238.48.Love to wake up to green pips. hehehehe
  • #36,292
  • Oct 3, 2007 5:40am Oct 3, 2007 5:40am
Hi to everyone! I am following this thread just for info and am impressed with your results. Unfortunately i am rather stupid in the comuters and please could you help me which indicators should i apply to mt4 platform to follow your success? i mean aus 15 min strategy
  • #36,293
  • Oct 3, 2007 5:44am Oct 3, 2007 5:44am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting zpltn
Hi to everyone! I am following this thread just for info and am impressed with your results. Unfortunately i am rather stupid in the comuters and please could you help me which indicators should i apply to mt4 platform to follow your success? i mean aus 15 min strategy
its all here on the 15min thread.

http://forexfactory.com/showthread.php?t=45076

read through it, load it up and then come back here to learn how to trade it.
  • #36,294
  • Oct 3, 2007 5:45am Oct 3, 2007 5:45am
Quoting moneymagnet
is aus a Winston or Marlboro?
No, a Kool!
  • #36,295
  • Oct 3, 2007 5:46am Oct 3, 2007 5:46am
Quoting PipChick
First target of 237.25 was hit. Waiting on next target of 238.48.Love to wake up to green pips. hehehehe
you need a break above the daily high to confirm the next target,
until now we didnt have any candle bar above 237.25
  • #36,296
  • Oct 3, 2007 5:47am Oct 3, 2007 5:47am
Quoting MPP
its all here on the 15min thread.

http://forexfactory.com/showthread.php?t=45076

read through it, load it up and then come back here to learn how to trade it.
could you my setting here ? whats not correct with it ?
http://forexfactory.com/showpost.php...&postcount=269
  • #36,297
  • Oct 3, 2007 5:49am Oct 3, 2007 5:49am
Thanks a lot, i am little bit lost there. Will try more. see you later, when will settle all the stuff
  • #36,298
  • Oct 3, 2007 5:53am Oct 3, 2007 5:53am
You folks that have been following this thread since July,
Do you remember 23726 being major support when the "big Drop" occurred?
I am waiting for g/j to close above this on the hourly chart.
If it does, I think we are going uptown.
  • #36,299
  • Oct 3, 2007 6:03am Oct 3, 2007 6:03am
Quoting Mysticdiver
You folks that have been following this thread since July,
Do you remember 23726 being major support when the "big Drop" occurred?
I am waiting for g/j to close above this on the hourly chart.
If it does, I think we are going uptown.
Excellent observation Mystic!
  • #36,300
  • Oct 3, 2007 6:09am Oct 3, 2007 6:09am
Quoting PipChick
Excellent observation Mystic!
I remember because I went short @ 23730
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