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

  • #39,481
  • Oct 11, 2007 9:36pm Oct 11, 2007 9:36pm
Quoting auslanco
I'm expecting a large bounce from 236.90 (Daily Gann) area back towards the Daily 5sma (238.65).
do you mean 237 .90?
  • #39,482
  • Oct 11, 2007 9:37pm Oct 11, 2007 9:37pm
Quoting auslanco
I'm expecting a large bounce from 236.90 (Daily Gann) area back towards the Daily 5sma (238.65).
Are still expecting a bounce back to 1 hr 5ma now
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  • #39,483
  • Oct 11, 2007 9:40pm Oct 11, 2007 9:40pm
Quoting Saintjay
Are still expecting a bounce back to 1 hr 5ma now
yess bro.. 1hr 5sma is due
  • #39,484
  • Oct 11, 2007 9:40pm Oct 11, 2007 9:40pm
Quoting 59fender
do you mean 237 .90?
No.. 236.90
  • #39,485
  • Oct 11, 2007 9:42pm Oct 11, 2007 9:42pm
Quoting auslanco
yess bro.. 1hr 5sma is due
238.70ish again???????
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  • #39,486
  • Oct 11, 2007 9:42pm Oct 11, 2007 9:42pm
Quoting auslanco
No.. 236.90
ok thanks
  • #39,487
  • Oct 11, 2007 9:46pm Oct 11, 2007 9:46pm
I am at break -even if I thought this would be a good place to stop and reverse I would but I just don't see it I will hold out for a 100 + pips from here on out
  • #39,488
  • Oct 11, 2007 9:47pm Oct 11, 2007 9:47pm
Quoting Saintjay
238.70ish again???????
sorry 238.40ish rather???
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  • #39,489
  • Oct 11, 2007 9:49pm Oct 11, 2007 9:49pm
Quoting Saintjay
238.70ish again???????
It could happen this hour on next hour..When the retracemnt is due..it only means price will continue to follow the trend only after touching the 5sma on that particular TF.
  • #39,490
  • Oct 11, 2007 9:54pm Oct 11, 2007 9:54pm
Quoting auslanco
It could happen this hour on next hour..When the retracemnt is due..it only means price will continue to follow the trend only after touching the 5sma on that particular TF.
Got it thanks Aus my 5 is around 40ish not 70 so looking at that area...
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  • #39,491
  • Oct 11, 2007 9:54pm Oct 11, 2007 9:54pm
Aus's 15M strategy has signalled. Unfortunately, it's not 0400 GMT yet so there is more risk involved with entry at this price/point.

M2B
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  • #39,492
  • Oct 11, 2007 9:55pm Oct 11, 2007 9:55pm
Quoting Saintjay
sorry 238.40ish rather???
Aus, see it going higher than .40?
  • #39,493
  • Oct 11, 2007 9:56pm Oct 11, 2007 9:56pm
This is funny, got it from other thread. Thought would like to share it with you http://www.forexfactory.com/images/icons/icon10.gif
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  • #39,494
  • Oct 11, 2007 9:57pm Oct 11, 2007 9:57pm
Quoting auslanco
It could happen this hour on next hour..When the retracemnt is due..it only means price will continue to follow the trend only after touching the 5sma on that particular TF.

hopefully retracement due to 5sma tf15......hehe not 5sma 1 H
  • #39,495
  • Oct 11, 2007 9:58pm Oct 11, 2007 9:58pm
Quoting my2buoys
Aus's 15M strategy has signalled. Unfortunately, it's not 0400 GMT yet so there is more risk involved with entry at this price/point.

M2B
as long as you can place the 60pip SL above the daily pivot and 1hr 100sma.. I take the trade.
  • #39,496
  • Oct 11, 2007 10:03pm Oct 11, 2007 10:03pm
Quoting auslanco
as long as you can place the 60pip SL above the daily pivot and 1hr 100sma.. I take the trade.
Thanks, Bro. I am printing that post now to place in my 15M Strategy folder. I don't remember reading that info before but it makes good sense.

M2B
  • #39,497
  • Oct 11, 2007 10:05pm Oct 11, 2007 10:05pm
we had a low at 237.75 a wave up to 238.85 a pull back to 238.06 a higher low I expect a higher high above 239.15 the second wave is usally the stronger wave producing a higher high
  • #39,498
  • Oct 11, 2007 10:07pm Oct 11, 2007 10:07pm
Quoting auslanco
as long as you can place the 60pip SL above the daily pivot and 1hr 100sma.. I take the trade.

hope market not raging like yesterday..
  • #39,499
  • Oct 11, 2007 10:08pm Oct 11, 2007 10:08pm
30M is oversold on Stochastics. It might have to work out a bit before the 30M QQE crosses back down and we get a further downward thrust. The 15M 50EMA is around 238.70. Could bounce up to that point. 1H Momentum is up this hour as well.

M2B
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  • #39,500
  • Oct 11, 2007 10:08pm Oct 11, 2007 10:08pm
long short long short LONG AGAIN LOL
Boyy,trap money,like bear hunters.
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