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

  • #40,901
  • Oct 17, 2007 3:04am Oct 17, 2007 3:04am
Quoting karmostaji
We have auslanco 15m trade signal coming up (been waiting for it for hours), but before I take it I'm going to see what momentum we get on the new 4hr and 1hr candles in 10 mins.
Ok things look okay to me, I'm going to take a long once it retraces to 15m 5sma
Trade what you see, not what you think.
  • #40,902
  • Oct 17, 2007 3:10am Oct 17, 2007 3:10am
Quoting karmostaji
Ok things look okay to me, I'm going to take a long once it retraces to 15m 5sma

agreed with u kam ..for safe to enter this 15 m strategy after the price hit 5 sma (retracement)
  • #40,903
  • Oct 17, 2007 3:12am Oct 17, 2007 3:12am
Quoting karmostaji
Ok things look okay to me, I'm going to take a long once it retraces to 15m 5sma
me too , let the force be with us .. err pips i mean
To Live is the rarest thing in the world , Most people exist , that is all
  • #40,904
  • Oct 17, 2007 3:20am Oct 17, 2007 3:20am
just my opinion ...it seems like suppport at 100 sma on tf 15...
  • #40,905
  • Oct 17, 2007 3:21am Oct 17, 2007 3:21am
do you guys think a long is safe 10mins before the news? if it emerges that several BOE guys voted for a rate cut a long will not be safe at all.
Consistency and patience is everything
  • #40,906
  • Oct 17, 2007 3:22am Oct 17, 2007 3:22am
I'm expecting G/J to go to 239.64...

There was no break in the bottom yellow line...trend continues

I'll be going long once my indicators say it's safe....especially my patience indicator
Attached Image
  • #40,907
  • Oct 17, 2007 3:24am Oct 17, 2007 3:24am
Quoting MoForce
I'm expecting G/J to go to 239.64...

There was no break in the bottom yellow line...trend continues

I'll be going long once my indicators say it's safe....especially my patience indicator
The ultimate indicator a trader can acquire
Trade what you see, not what you think.
  • #40,908
  • Oct 17, 2007 3:26am Oct 17, 2007 3:26am
Bounced off the ascending trendline on the daily as well as the H4 200 ema. Support will be reasonably strong so protect your shorts. Also, if price breaks that area (235.7) then I expect another big fall down.
  • #40,909
  • Oct 17, 2007 3:26am Oct 17, 2007 3:26am
Quoting Hakuna Matata
bro--seruisly ure expecting such high reversal!!

let me put it this way---we have 100sma 4hr at 236.63
we have MR1 at 237.28
and we have the high of the last 4hr candle at 237.33
(high of today is at 237.79)

if price closes anywhere above that--then 238/239---otherwise NO way is it going that high---no way in hell if u ask me !
max retrce i see is 237.40ish--even that i doubt !!

with such a powerful move from yesterday--or as vishal calls it just a hiccup--- i see as mentioned b4 this possible moving 250-400pips today--its already moved 200 pips so far.

lets see bro!--off for a nap--bbl at ldn

my feeling and chart tell me same with this bro hak..that this retracement just can go up to 237.30/60 and down fall again to 236-235 area..
  • #40,910
  • Oct 17, 2007 3:40am Oct 17, 2007 3:40am
gtt bro

any oanda update? thanks
Success has a Thousand Fathers.
  • #40,911
  • Oct 17, 2007 3:41am Oct 17, 2007 3:41am
Nice two way spike.. first vote came out 8-1 (with the guy who voted for a rate cut being dovish) and then the claimant count came out at -12,000.. so GU spiked up. Now it looks confused..
  • #40,912
  • Oct 17, 2007 3:56am Oct 17, 2007 3:56am
Quoting kayman
gtt bro

any oanda update? thanks
No action!
  • #40,913
  • Oct 17, 2007 3:58am Oct 17, 2007 3:58am
Quoting MoForce
I'm expecting G/J to go to 239.64...

There was no break in the bottom yellow line...trend continues

I'll be going long once my indicators say it's safe....especially my patience indicator
The pair is quite well bid, today is tripple swap also...
  • #40,914
  • Oct 17, 2007 3:59am Oct 17, 2007 3:59am
Quoting auslanco
Hi guys, Dont be fooled by this dip. This is not a confirmation of a big fall at all. This is simply a bounce back from Monthly 5sma. You shouldnt hold on to your short positions. The price could reach as high as 242 before a big fall, even if the daily QQE5 cross down and confirm., Take this bearish dip as things to come in the next few months. trade wisely.

P;S Breeze.. Please avoid quoting your 210 target on this thread.

Happy birthday HK

See you later guys

ahh . . the voice of reason from the founder of the thread. That should clear things up.
Indicators show the past. Price Action "Indicates" the future.
  • #40,915
  • Oct 17, 2007 4:00am Oct 17, 2007 4:00am
I have a Daily pivot of 237.64 anyone else have similiar.
  • #40,916
  • Oct 17, 2007 4:02am Oct 17, 2007 4:02am
Quoting kayman
gtt bro

any oanda update? thanks
Had to restart my computer, now I can't access it! , installed a new device.
  • #40,917
  • Oct 17, 2007 4:02am Oct 17, 2007 4:02am
Quoting Hakuna Matata
just wondering if ure still holding longs--coz when u posted that it was like over 237 and what tgts u aiming for?

anybody else long?
still holding long first target 239.00 2nd target242.00 that last dip has me a little worried it went a little further than I expectedI consider it a first wave down we could see some consolidation and another wave lower but so far so goodfirst target is in sight
Attached Image (click to enlarge)
Click to Enlarge Name: 1 st target.gif Size: 22 KB
  • #40,918
  • Oct 17, 2007 4:10am Oct 17, 2007 4:10am
Quoting icthelite98
I have a Daily pivot of 237.64 anyone else have similiar.

Currently using the London daily pivot which is at 237.26
  • #40,919
  • Oct 17, 2007 4:12am Oct 17, 2007 4:12am
SELL GJ at price 237.68 TP 40-50 pips SL 30 pips

Good luck
Debtfreedom
  • #40,920
  • Oct 17, 2007 4:13am Oct 17, 2007 4:13am
Quoting debtfreedom
SELL GJ at price 237.68 TP 40-50 pips SL 30 pips

Good luck
Debtfreedom
Hi cowboy, tell us why or what do you see otherwise there is a button called 'new thread'
Trade what you see, not what you think.
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