AND THIS IS FOR OUR BRO, KARMO
2008 Lamborghini-Reventon
and the last dashboard PIC:
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #42,021
- Oct 19, 2007 4:07am Oct 19, 2007 4:07am
- | Commercial User | Joined Jun 2007 | 3,549 Posts
and the last dashboard PIC:
- #42,023
- Oct 19, 2007 4:08am Oct 19, 2007 4:08am
- Joined Jul 2006 | Status: Trader | 4,090 Posts
I dream, therefore I become.
- #42,024
- Oct 19, 2007 4:08am Oct 19, 2007 4:08am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
It's just funny how the mood in here is changing to long 
Trade what you see, not what you think.
- #42,026
- Oct 19, 2007 4:11am Oct 19, 2007 4:11am
- Joined Jul 2006 | Status: Trader | 4,090 Posts
It's just funny how the mood in here is changing to long
I dream, therefore I become.
- #42,029
- Oct 19, 2007 4:14am Oct 19, 2007 4:14am
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
and this is for everyone
lot of technicals have been discussed here b4
put ita ll together and ull get a clearer pic
we know that 50ema 15 min acts as solid R in an intraday trend basis--so see where the price is in relation to it
we are below 4hr 100sma
we are below 4hr 200ema
we are below daily 50ema
and much more--just go back and read all the analysis discussed b4
yesterday many kept on saying it will head back higher--but we were under the 4hr 100sma (even more powerful then 1hr 100sma) so those kind of thoughts/predictions should be taken with care !
if ure trading on lower tf's --dont mix them/hold them thinkin larger TF's will save u
just have good MM
enuff said
lets see what develops--doesnt matter --longs or shorts
(keep an eye on 50ema on 30,1hr too and yesterdays lower TL--where its at now)
I have to disagree with you bro.. There is no clear bearish trend yet. I dont believe the 4hr 100sma as a trend recognistion indicator. This is still a bounce back from monthly 5sma as myself and M2B predicted when the price was at 240 area. If you refer back to my posts I mentioned this exact 235.50 area and possibly 233.10 as bounce back targets. This could retest 240 area before a fall.
Next week if the daily and weekly momentum points up, this is going to shoot up. No 100 sma 50 ema can stop that. Of cause there will be temporary bounces from those levels but it will retest the highs before fall down again.
By the way yesterday Karmo's high (238.75) reached as he and myself predicted
- #42,031
- Oct 19, 2007 4:15am Oct 19, 2007 4:15am
- | Commercial User | Joined Jun 2007 | 3,549 Posts
ill repeat this again:
trade what your charts and system says---dont stick to one mindset !!
shorts or longs--money can be made both ways !!--just know your S/R levels
its always funny to see when traders in here start claiming they predicted a certain direction and then when it goes against them --they become quite for a while---relax everyone--prediction is one thing and trading is another !!
those who think is going short should say where they are shorting from---those who are saying they think its going long--should say where they are goin long---simple !!
trade what your charts and system says---dont stick to one mindset !!
shorts or longs--money can be made both ways !!--just know your S/R levels
its always funny to see when traders in here start claiming they predicted a certain direction and then when it goes against them --they become quite for a while---relax everyone--prediction is one thing and trading is another !!
those who think is going short should say where they are shorting from---those who are saying they think its going long--should say where they are goin long---simple !!
- #42,035
- Oct 19, 2007 4:20am Oct 19, 2007 4:20am
- Joined Jul 2006 | Status: Trader | 4,090 Posts
I think it needs to break out of this pitchfork it has been in all day. If you are thinking short it is a good low risk entry.
Shawn
I dream, therefore I become.
- #42,038
- Oct 19, 2007 4:26am Oct 19, 2007 4:26am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #42,039
- Oct 19, 2007 4:29am Oct 19, 2007 4:29am
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
- #42,040
- Oct 19, 2007 4:30am Oct 19, 2007 4:30am
- Joined Jul 2006 | Status: Trader | 4,090 Posts
One more thing to add, weekly S2 is @ 235.45
I predicted a reversal when price was around 236.30 area (150 pips off), I'll try to work on that next time, but I'm bullish on this pair for now.
lol I think you got me beat as of now but it hasnt broken yet.
I dream, therefore I become.