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

  • #47,041
  • Nov 2, 2007 4:56am Nov 2, 2007 4:56am
GU bearish pattern triggered
Trade what you see, not what you think.
  • #47,042
  • Nov 2, 2007 4:56am Nov 2, 2007 4:56am
lol

why a 50 pip fall all of a sudden?
  • #47,043
  • Nov 2, 2007 4:59am Nov 2, 2007 4:59am
Quoting auslanco
yehh.. very friendly people and the best spicy food.
Hey man - best spicy food is here in Bradford UK, the Asian food capital of the world !
  • #47,044
  • Nov 2, 2007 5:00am Nov 2, 2007 5:00am
Quoting Val144
OK that is not a prediction or any think lake that. At first I have draw a FIBO from hi to low. Next, I draw a TL using the lows and use it as a direction to draw the ellipse. Usually extend it in that direction up to next first level of FIBO. I do not mind that it should be reached. Ellipse may usually give to me the variant of possible area for price action before next change of direction (up or down). I do not use any thing special, except some Gann relations when I do ellipse construction. The best result I have when most price action is inside.
OK that was my guess but wanted to be sure, I don't know based on all of the analyses that I've done prior to this week and up to yesterday, I'm biased to the downside lower than we had yet seen, I want to wait for the end of today as any serious analyses before NFP is a joke. I'm concentrating right now on the bigger picture and bigger targets, so this intraday noise is just noise, if I see signs that my anlyses are wrong I will take a loss, but not before I see 244.07, I see a range for next week that should not go outside of the boundaries of this week, so I intend to milk it to the downside and then possibly hedge to the upside. And wait untill it breaks down.
Elipse is a handy tool to see a clear support/resistance possible trend bend, angles, trend strength, I don't see it as an indicator to a top or a bottom.
  • #47,045
  • Nov 2, 2007 5:00am Nov 2, 2007 5:00am
Quoting karmostaji
GU bearish pattern triggered
Awsome call Karmo
Mono
  • #47,046
  • Nov 2, 2007 5:02am Nov 2, 2007 5:02am
Quoting mono
Awsome call Karmo
http://img401.imageshack.us/img401/5852/guhq5.gif
Trade what you see, not what you think.
  • #47,047
  • Nov 2, 2007 5:02am Nov 2, 2007 5:02am
Price can still reach 240 area, patience.
Trade what you see, not what you think.
  • #47,048
  • Nov 2, 2007 5:05am Nov 2, 2007 5:05am
ME , long at 239.05 TP 240
  • #47,049
  • Nov 2, 2007 5:10am Nov 2, 2007 5:10am
hmmmmmm Friday's usual Aus Vs Karmo bull/bear
  • #47,050
  • Nov 2, 2007 5:10am Nov 2, 2007 5:10am
Karmo pls check this pattern. Is this a double bottom on the usdjpy that could probably form a pattern same as the bearish pattern you just posted on the gbpusd? Thank you.

http://img529.imageshack.us/img529/3103/woa2333zi2.gif
  • #47,051
  • Nov 2, 2007 5:13am Nov 2, 2007 5:13am
Quoting zoheir
hmmmmmm Friday's usual Aus Vs Karmo bull/bear

Friday's special LOL...

I missed the 15min strategy long trade earlier.. Bought on the dip..
  • #47,052
  • Nov 2, 2007 5:13am Nov 2, 2007 5:13am
Quoting Lemonjam
Karmo pls check this pattern. Is this a double bottom on the usdjpy that could probably form a pattern same as the bearish pattern you just posted on the gbpusd? Thank you.
There is currently no pattern forming on UJ on small TF's, there is only the 4h bearish pattern which started yesterday, that could still be in play. UJ has been bouncing off a trendline.
Trade what you see, not what you think.
  • #47,053
  • Nov 2, 2007 5:14am Nov 2, 2007 5:14am
Quoting auslanco
Friday's special LOL...
yep.... season 2 lol
  • #47,054
  • Nov 2, 2007 5:16am Nov 2, 2007 5:16am
Quoting Bernanke_Sr
to my short...
ha ha.. dude i took the 15min long signal and was 60+ but ended up hitting my SL for +5 when it came like a rock
  • #47,055
  • Nov 2, 2007 5:18am Nov 2, 2007 5:18am
Quoting FXStudent
ha ha.. dude i took the 15min long signal and was 60+ but ended up hitting my SL for +5 when it came like a rock
on days as such , i manually handle my positions pip by pip and also to avoid the broker's tricks!
  • #47,056
  • Nov 2, 2007 5:20am Nov 2, 2007 5:20am
Quoting FXStudent
ha ha.. dude i took the 15min long signal and was 60+ but ended up hitting my SL for +5 when it came like a rock
ahhh sometimes i hate forex

but i have been earning good so i should not hate..

if only my SL was 10 pips higher
  • #47,057
  • Nov 2, 2007 5:20am Nov 2, 2007 5:20am
I got a red arrow on the 15min a couple bars back... ?

Anyone else? :S
  • #47,058
  • Nov 2, 2007 5:23am Nov 2, 2007 5:23am
Quoting auslanco
ME , long at 239.05 TP 240
What's ur SL, Aus?

Thanks.
  • #47,059
  • Nov 2, 2007 5:26am Nov 2, 2007 5:26am
Quoting uncleforex
What's ur SL, Aus?

Thanks.

the usual 60 pips i guess
  • #47,060
  • Nov 2, 2007 5:28am Nov 2, 2007 5:28am
1H head and shoulders on Aud/Jpy, with a pinbar on the right shoulder. Good bounce off of solid resistance.

-Paul
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