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

  • #46,981
  • Nov 2, 2007 3:20am Nov 2, 2007 3:20am
Quoting zoheir
they call me too everyday too someone called Roland, but i told him clearly i like their various order types and trading on the chart etc... but hate their charting , so that's why i'm not switching!!
never seen sharks like that. I have had the demo only for 2 weeks. over 20 calls for the last 2 weeks. There's no way I'm going to use GFT as my broker again with 8pips spread. I use to have a account with 'em. They promised to give me 1pip rebate If I trade 5 standard lots per day .. Duh!!!
  • #46,982
  • Nov 2, 2007 3:22am Nov 2, 2007 3:22am
Quoting gene22
Aus, Islander, thank you, a stupid question if I may, what do I need to do now with this?
You should have your 1KT tag by now..
  • #46,983
  • Nov 2, 2007 3:23am Nov 2, 2007 3:23am
Hi gene22
I'd like all u posts. They give to me a lot questions. Plese take a look a that one.
Val
Attached Image (click to enlarge)
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It’s just emotions & money
  • #46,984
  • Nov 2, 2007 3:23am Nov 2, 2007 3:23am
Quoting younes55
you can use this indicator to create a timefrime

instal this on 4H chart and set priodMultiplier to 2

then go to file>open offline > and find gbpjpy 8H and double click to open

notice the 4H timefrime that contain indicator must be open forever.
Thanks Bro, Indicator works fine.

Ro
  • #46,985
  • Nov 2, 2007 3:28am Nov 2, 2007 3:28am
Quoting turn1to100
How do yall feel about weekly MOM there is no way daily up and weekly down ???How can week chart make a bear if bull candle from daily MOM being up??
Attachment
what makes you think the weekly candle will be bear??
  • #46,986
  • Nov 2, 2007 3:29am Nov 2, 2007 3:29am
Quoting gene22
There is nothing easy in this world, but beauty lies in simplicity, the problem is not trying to see the waves they are obvious(well at least to me) it's remembering and applaying 3000..... different rules variations, projections, etc, also without a master chart, the immediate application on the current time frame, is uselless INMO because you fail to grasp the whole picture, also the turning points are defined, but you can't pinpoint it with accuracy due to the diferent variations, now using together with some other timing stuff opens up a whole different can of worms
Agree,more and more indicators come onto the charts,have to find some we can use comfortably and keep things simple.
  • #46,987
  • Nov 2, 2007 3:30am Nov 2, 2007 3:30am
Quoting FXStudent
my london Pivot is @ 239.05.. can anyone confirm.
thanks.
that s mine too
  • #46,988
  • Nov 2, 2007 3:30am Nov 2, 2007 3:30am
Quoting auslanco
How did you get your 8hr MT4 charts bro??
hi aus my budd
how r u??
i attached the indicator and it's help.
Attached File(s)
File Type: ex4 period_converter_opt.ex4   10 KB | 305 downloads
File Type: txt Read Me.txt   5 KB | 274 downloads
  • #46,989
  • Nov 2, 2007 3:30am Nov 2, 2007 3:30am
This is what i see on my charts.

Smaller channel within a wider channel in last 8 hours.

The upper TL is at 239.12.

Will see if it bounces off that TL.
This Channel is on a Hourly TF.

Attached Image (click to enlarge)
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  • #46,990
  • Nov 2, 2007 3:37am Nov 2, 2007 3:37am
Ok, this is just a speculation based on the EU/BP, accrding to the chart, pound is going to the shitter for a long, log time, Euro on the other hand will be the currency of choice. This is a yearly time frame, considering what I hear is happening with the real estate there, it does make sense, I would say that in comparison tho the USA that I witnessed first hand they have another 6 months to year to go before signs are going to be more widespread and then another another 6m to 1year before the fears materialise and the housing will crack. This all confirms the divergence on the monthly guppy to 180 area, God if only I didn't have to pay any interest on this pair, I'd forget about this positions for a few years at least.
Wishfull thinking...
  • #46,991
  • Nov 2, 2007 3:40am Nov 2, 2007 3:40am
239.06 is weekly R2 and that's where price is stuck right now.
Trade what you see, not what you think.
  • #46,992
  • Nov 2, 2007 3:42am Nov 2, 2007 3:42am
Quoting karmostaji
239.06 is weekly R2 and that's where price is stuck right now.
r u adding new short to u r basket at this level?
  • #46,993
  • Nov 2, 2007 3:42am Nov 2, 2007 3:42am
New monthly pivot is 236.95
Weekly R1 is 236.78

This area might provide a bit of support later on.
Trade what you see, not what you think.
  • #46,994
  • Nov 2, 2007 3:43am Nov 2, 2007 3:43am
Quoting gau2902
r u adding new short to u r basket at this level?
not yet, waiting to see if this 239.06 will give way or not, if it does then it can up another 50-100
Trade what you see, not what you think.
  • #46,995
  • Nov 2, 2007 3:46am Nov 2, 2007 3:46am
bearish patterns forming on GU and UJ, if they complete and get triggered, we'll see a nice fall in GJ.

Wait for confirmation.
Trade what you see, not what you think.
  • #46,996
  • Nov 2, 2007 3:46am Nov 2, 2007 3:46am
Quoting danryman78
that s mine too
thanks.. the day light saving has mess things up for me.
  • #46,997
  • Nov 2, 2007 3:47am Nov 2, 2007 3:47am
I've attached my chart and please correct me if I'm wrong as I want to take trade calls based on what my chart tells me and not what the senior members here have been advising us though their calls are really great.

I think it will be better though if all of us learn to take our own trade calls so that we can trade better.

Nonetheless,
1. 1Hr candle is above the gann
2. Resistance/daily pivot - have been trying to break through that resistance today but have not so far. If there is a close above this level, it may be a signal to long.
3. QQE is at 47. However, they have not crossed each other yet.

So for a signal to go long, these are what must happen during the next hourly close:
1. 1Hr candle is above the gann.
2. Previous candle have closed above the resistance/pivot
3. QQE crosses.

Am i right or completely wrong? And are there other pointers I'm mising. Please advise. Thank you
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May the Pips be with You Let's Pimp some Pips!
  • #46,998
  • Nov 2, 2007 3:48am Nov 2, 2007 3:48am
added new short at 239 tight stop loss

i doubt that it will close above 239 area which karmo also mentioned.. but in case it does, my sl is not far.
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  • #46,999
  • Nov 2, 2007 3:50am Nov 2, 2007 3:50am
Ok I have more good news, GJ is forming a bearish pattern also, so if GU GJ UJ all complete the bearish patterns and get triggered, you can guess the outcome.
Trade what you see, not what you think.
  • #47,000
  • Nov 2, 2007 3:53am Nov 2, 2007 3:53am
Quoting Bernanke_Sr
added new short at 239 tight stop loss

i doubt that it will close above 239 area which karmo also mentioned.. but in case it does, my sl is not far.

with a daily momentum like today.. I wouldnt go short at this level..
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