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

  • #41,561
  • Oct 18, 2007 10:07am Oct 18, 2007 10:07am
Quoting auslanco
Bro, 4hr 10C 14C and 1C are pointing all over the place on 12GMT candle. all three are pointing up on 13GMT 4hr candle. That means , the 4hr bar will be clearly bullish only from 16GMT to 17GMT. If you follow the 13GMT candle you only suppose to go long at 16GMT if the 1hr also supports a clear bullish momentum.

After reading that, I think I will just stick to my highly technical strategy.

Hey, the stock market is going down, I better go short.
  • #41,562
  • Oct 18, 2007 10:11am Oct 18, 2007 10:11am
Quoting auslanco
Bro, 4hr 10C 14C and 1C are pointing all over the place on 12GMT candle. all three are pointing up on 13GMT 4hr candle. That means , the 4hr bar will be clearly bullish only from 16GMT to 17GMT. If you follow the 13GMT candle you only suppose to go long at 16GMT if the 1hr also supports a clear bullish momentum.
Aus, could you put a picture up of the above please...baby

ofcourse if u can seeing ur on holiday
  • #41,563
  • Oct 18, 2007 10:11am Oct 18, 2007 10:11am
Quoting markam
After reading that, I think I will just stick to my highly technical strategy.

Hey, the stock market is going down, I better go short.
.there is no beter choise lol
  • #41,564
  • Oct 18, 2007 10:11am Oct 18, 2007 10:11am
Quoting charvo
Thank you very much! Aus master.
I learned your reply so that 4hr momentums in fact predict the happenings in the 4th hour, if 1hr momentum also supports?

No.

You got two brokers

1st broker starts it's 4hr bar at 12GMT (3 momentums pointing to opposite sides..) what that means is from 12GMT to 16GMT the market will be choppy.

2nd broker starts at 13GMT (momentum poiniting up) what that means is from 13GMT to 17GMT the market will be bullish.

So we have 1 broker saying 12-16 choppy and another broker says 13-17 will be bullish.

Then you take the second broker who shows a clear bullish momentum and enter your long trade after the 1st broker close the 12-16 choppy candle, which will be at 16GMT.
  • #41,565
  • Oct 18, 2007 10:16am Oct 18, 2007 10:16am
Quoting PipChick
Probably but I cant scalp..lol
I normally scalp for 50+ pips and it's quite easy to do in my opinion. I even get 200 at times.
  • #41,566
  • Oct 18, 2007 10:19am Oct 18, 2007 10:19am
hi zoran, u use fibs as your entry/exit?

Quoting Zoran
I normally scalp for 50+ pips and it's quite easy to do in my opinion. I even get 200 at times.
  • #41,567
  • Oct 18, 2007 10:19am Oct 18, 2007 10:19am
Quoting auslanco
No.

You got two brokers

1st broker starts it's 4hr bar at 12GMT (3 momentums pointing to opposite sides..) what that means is from 12GMT to 16GMT the market will be choppy.

2nd broker starts at 13GMT (momentum poiniting up) what that means is from 13GMT to 17GMT the market will be bullish.

So we have 1 broker saying 12-16 choppy and another broker says 13-17 will be bullish.

Then you take the second broker who shows a clear bullish momentum and enter your long trade after the 1st broker close the 12-16 choppy candle, which will be at 16GMT.

It's all so simple...it's beginning to make sense..baby
  • #41,568
  • Oct 18, 2007 10:20am Oct 18, 2007 10:20am
Quoting auslanco
No.

You got two brokers

1st broker starts it's 4hr bar at 12GMT (3 momentums pointing to opposite sides..) what that means is from 12GMT to 16GMT the market will be choppy.

2nd broker starts at 13GMT (momentum poiniting up) what that means is from 13GMT to 17GMT the market will be bullish.

So we have 1 broker saying 12-16 choppy and another broker says 13-17 will be bullish.

Then you take the second broker who shows a clear bullish momentum and enter your long trade after the 1st broker close the 12-16 choppy candle, which will be at 16GMT.
OooH men thats awsome....

Can you please tellme your SL. for your bermudas...:
  • #41,569
  • Oct 18, 2007 10:21am Oct 18, 2007 10:21am
Quoting Big Bruv
Aus, could you put a picture up of the above please...baby

ofcourse if u can seeing ur on holiday
HERE YOU GO BABY
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  • #41,570
  • Oct 18, 2007 10:24am Oct 18, 2007 10:24am
Quoting intelmaster
hi zoran, u use fibs as your entry/exit?
I just use support/resistance (wherever it comes from) on the high time frames against the trend. Price tends to bounce nicely before continuing in the direction of the trend.

Eg. Although I am short, price was expected to bounce off the daily trendline for a nice scalp. Strict money management needs to be used though - but you are almost guaranteed success.
  • #41,571
  • Oct 18, 2007 10:26am Oct 18, 2007 10:26am
13GMT bar
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  • #41,572
  • Oct 18, 2007 10:26am Oct 18, 2007 10:26am
My short target is 235.20-.50 area (refreshing my memory)
Trade what you see, not what you think.
  • #41,573
  • Oct 18, 2007 10:27am Oct 18, 2007 10:27am
Quoting auslanco
HERE YOU GO BABY
Yeah Aus baby..that looks good!
  • #41,574
  • Oct 18, 2007 10:34am Oct 18, 2007 10:34am
Hey Au..Thanks for the pics...baby it says a thousand words...

However 1 more question.....

Do i read the momenttum at the start of the 4hr candle or read the previos candle? so e.g if next 4 hr starts at 13 GMT i will be reading indicators that started 9 GMT???
  • #41,575
  • Oct 18, 2007 10:36am Oct 18, 2007 10:36am
Quoting pedaso07
OooH men thats awsome....

Can you please tellme your SL. for your bermudas...:
entry was at 236.81. I may close my short trade at 16GMT depends on the momentum .
  • #41,576
  • Oct 18, 2007 10:38am Oct 18, 2007 10:38am
Quoting Big Bruv
Hey Au..Thanks for the pics...baby it says a thousand words...

However 1 more question.....

Do i read the momenttum at the start of the 4hr candle or read the previos candle? so e.g if next 4 hr starts at 13 GMT i will be reading indicators that started 9 GMT???

yess always the current bar..
  • #41,577
  • Oct 18, 2007 10:50am Oct 18, 2007 10:50am
Quoting auslanco
entry was at 236.81. I may close my short trade at 16GMT depends on the momentum .
thanks

between your hollidays drinks, could you please let us know what decision you make at 16GMT
  • #41,578
  • Oct 18, 2007 10:54am Oct 18, 2007 10:54am
Quoting auslanco
No.

You got two brokers

1st broker starts it's 4hr bar at 12GMT (3 momentums pointing to opposite sides..) what that means is from 12GMT to 16GMT the market will be choppy.

2nd broker starts at 13GMT (momentum poiniting up) what that means is from 13GMT to 17GMT the market will be bullish.

So we have 1 broker saying 12-16 choppy and another broker says 13-17 will be bullish.

Then you take the second broker who shows a clear bullish momentum and enter your long trade after the 1st broker close the 12-16 choppy candle, which will be at 16GMT.

Hi Aus, are you using two brokers to practice this system of yours or did you find a much simpler way of viewing momentums? I was always amazed and curious by your timely predictions by reading the momentum indicators...this probably explains it.
  • #41,579
  • Oct 18, 2007 10:54am Oct 18, 2007 10:54am
Quoting pedaso07
thanks

between your hollidays drinks, could you please let us know what decision you make at 16GMT
I hope you are talking about tomorrow coz its almost 17 GMT....

..ur 1 hour behind..baby
  • #41,580
  • Oct 18, 2007 10:56am Oct 18, 2007 10:56am
Quoting Big Bruv
I hope you are talking about tomorrow coz its almost 17 GMT....

..ur 1 hour behind..baby
Are you drunk ?

HICK ! Hips !
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