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

  • #37,861
  • Oct 8, 2007 6:18pm Oct 8, 2007 6:18pm
Quoting auslanco
400pips in a NFP and BoE week ?? I hope your are joking
Check out the weekly candle, anyone saying that's a range is on crack . . . but we knew that about you already
check out my blog: forexmademillionaire dot com
  • #37,862
  • Oct 8, 2007 6:22pm Oct 8, 2007 6:22pm
Quoting Zoran
This is what I was talking about in that post above. Price now has to stay below that line and out of the yellow area otherwise longs could still be good. Shorts need to break 238.5 for the H&S to look good.

Off to bed and good night.
Zoran... The retest of the bottom of your triangle looks good, I see support not far below though favouring longer term longs. Just my view.
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  • #37,863
  • Oct 8, 2007 6:23pm Oct 8, 2007 6:23pm
Quoting new_trader
another 2 cowboys that trade without analysis. At least without presenting it.

A thousand post members are only because they talk about unrelated to forex questions and answer to newbies. But they do keep forexfactory alive.
Did you seriously say that Aus trades without analysis????

I am a cowboy and I trade based upon fundamentals. I mostly use Aus's methods to determine retrace points and support/resistance areas. Aus, however, is the most disciplined trader you will ever meet.
  • #37,864
  • Oct 8, 2007 6:24pm Oct 8, 2007 6:24pm
Quoting new_trader
another 2 cowboys that trade without analysis. At least without presenting it.

A thousand post members are only because they talk about unrelated to forex questions and answer to newbies. But they do keep forexfactory alive.
Hey Ding Dong (sorry Pip Chick but this guy has to go),

You come into this thread which has over 37,000 posts, you read the last page or two, and now you want to post judgment on two senior members? Go bother Fozzy, noob.

M2B

PS- See PC, I can tell someone to scram in a nice way.
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  • #37,865
  • Oct 8, 2007 6:26pm Oct 8, 2007 6:26pm
Quoting Geppy
Check out the weekly candle, anyone saying that's a range is on crack . . . but we knew that about you already
LOL...sure..Guppy.. what ever you say mate
  • #37,866
  • Oct 8, 2007 6:27pm Oct 8, 2007 6:27pm
Quoting Wolf.
Zoran... The retest of the bottom of your triangle looks good, I see support not far below though favouring longer term longs. Just my view.
Thanks Wolf, I always find lines in your charts that I have overlooked! Anyway, what are you still doing up? Bed time isn't it?
  • #37,867
  • Oct 8, 2007 6:28pm Oct 8, 2007 6:28pm
Quoting my2buoys
Hey Ding Dong (sorry Pip Chick but this guy has to go),

You come into this thread which has over 37,000 posts, you read the last page or two, and now you want to post judgment on two senior members? Go bother Fozzy, noob.

M2B

PS- See PC, I can tell someone to scram in a nice way.
  • #37,868
  • Oct 8, 2007 6:29pm Oct 8, 2007 6:29pm
Quoting auslanco
LOL...sure..Guppy.. what ever you say mate
That's one way to admit you're wrong
check out my blog: forexmademillionaire dot com
  • #37,869
  • Oct 8, 2007 6:29pm Oct 8, 2007 6:29pm
New Trader, you've just tarnished your name already. I couldn't begin to see Markam or Auslanco acting as "cowboys". These two are very informative when people have things that actually need answered. it is the people that come to this thread with no intentions of contributing (such as yourself) that tend to be the cowboys. Have a nice night.
I dream, therefore I become.
  • #37,870
  • Oct 8, 2007 6:30pm Oct 8, 2007 6:30pm
It would have been nice if price would have broken the neckline and made a new low, however look for the blue fork to contain price if the shorts are valid. price moving east or drifting east through the fork and the small H&S is void imho.
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  • #37,871
  • Oct 8, 2007 6:32pm Oct 8, 2007 6:32pm
Daily line chart.

I just love all those trend lines lol, and your your charts should be on the wall of an art gallery.

And yes it is way past my bedtime i'll regret it in the morning, I had planned an early night too.

So i'm off now GN.
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  • #37,872
  • Oct 8, 2007 6:36pm Oct 8, 2007 6:36pm
Quoting auxesis
It would have been nice if price would have broken the neckline and made a new low, however look for the blue fork to contain price if the shorts are valid. price moving east or drifting east through the fork and the small H&S is void imho.
Excellent, thank you Auxesis. The blue forks put a little more focus on the immediate price. What are the parameters of these? In other words, based on you analysis, does price ever move away from them and then move back into them? Or if the price moves outside, then the tendency is to stay outside and negate that position?
I dream, therefore I become.
  • #37,873
  • Oct 8, 2007 6:36pm Oct 8, 2007 6:36pm
I'm short based upon a retracement to the 4 hour sma. However, tokyo stocks are supposed to be up at the start, so I am definitely not 100% that we are going to go down over the next few hours.
  • #37,874
  • Oct 8, 2007 6:39pm Oct 8, 2007 6:39pm
Quoting auslanco
Looks like we are heading to 237area
Quoting markam
Are you sure your screen isn't upside down?

We finally got our Cowboy tag
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  • #37,875
  • Oct 8, 2007 6:39pm Oct 8, 2007 6:39pm
Quoting markam
I'm short based upon a retracement to the 4 hour sma. However, tokyo stocks are supposed to be up at the start, so I am definitely not 100% that we are going to go down over the next few hours.
Markam, you always talk of the 4 hour sma and the daily sma. I, along with a few others most likely, am not sure as to what values you base your 4 hour and daily sma's. Could you tell us the values? Thanks a lot.
I dream, therefore I become.
  • #37,876
  • Oct 8, 2007 6:39pm Oct 8, 2007 6:39pm
Quoting markam
I'm short based upon a retracement to the 4 hour sma. However, tokyo stocks are supposed to be up at the start, so I am definitely not 100% that we are going to go down over the next few hours.
Maybe you can explain to me why they are "supposed" to be up at the start. I guess I'm too much like PipChick and don't understand these vague predictions.
check out my blog: forexmademillionaire dot com
  • #37,877
  • Oct 8, 2007 6:41pm Oct 8, 2007 6:41pm
Quoting mike w
Markam, you always talk of the 4 hour sma and the daily sma. I, along with a few others most likely, am not sure as to what values you base your 4 hour and daily sma's. Could you tell us the values? Thanks a lot.

I use Aus's 5 sma, as discussed in his strategy.
  • #37,878
  • Oct 8, 2007 6:43pm Oct 8, 2007 6:43pm
Quoting mike w
Excellent, thank you Auxesis. The blue forks put a little more focus on the immediate price. What are the parameters of these? In other words, based on you analysis, does price ever move away from them and then move back into them? Or if the price moves outside, then the tendency is to stay outside and negate that position?
Thank you Mike,

The blue fork completed the center median off it's first push, i put in the gold off that last swing and now price has made the center of that, If the blue is still in control it should head south from here, jmho, if price moves out side the fork it's action/reaction can still come into play but the opposing fork would have priority.

maybe i'll get a chance later to post some more later,
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  • #37,879
  • Oct 8, 2007 6:43pm Oct 8, 2007 6:43pm
Quoting Geppy
Maybe you can explain to me why they are "supposed" to be up at the start. I guess I'm too much like PipChick and don't understand these vague predictions.
Premarket numbers for the stock market. The Nikkei is expected to open above fridays close (the market was closed on Monday). An up market during the asian trading hours will correlate somewhat with GJ going up. It is not nearly as close as the US market correlation, but I don't like being in a position opposite the equity market.
  • #37,880
  • Oct 8, 2007 6:43pm Oct 8, 2007 6:43pm
Quoting markam
I use Aus's 5 sma, as discussed in his strategy.
Easy enough! Thanks again. I am going to look into this and see what I get out of it. Not much of a fan of indicators.
I dream, therefore I become.
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