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

  • #50,521
  • Nov 15, 2007 3:21pm Nov 15, 2007 3:21pm
This is absolutely fantastic! Current lowest potential is at 219.00 for G/J and goes down as time goes on and G/J pushes lower
  • #50,522
  • Nov 15, 2007 3:23pm Nov 15, 2007 3:23pm
Quoting quecee5
so much for resistance @ that level - LOL!
I see resistance @ 226

Let's see what happens..
Trade what you see, not what you think.
  • #50,523
  • Nov 15, 2007 3:29pm Nov 15, 2007 3:29pm
Quoting karmostaji
I see resistance @ 226

Let's see what happens..
Thxs. . .

I'm still holding out for 222.50. . .
  • #50,524
  • Nov 15, 2007 3:33pm Nov 15, 2007 3:33pm
Quoting karmostaji
I see resistance @ 226

Let's see what happens..
how bout 226.60 ish? 15tf 50ema, thats where the 1st fall started after the big retrace to 227.60, at that time the 50 ema was 227.40 didn't close above it and the fall came right after...just my little contribution.
  • #50,525
  • Nov 15, 2007 3:35pm Nov 15, 2007 3:35pm
Quoting karmostaji
I see resistance @ 226

Let's see what happens..
Hello
I am the you make fun of me...I did not mean to take your brain and download just some info you are doing now..Just to make me more secure..I know some more about this than it looked first time..
I am glad that i found you guys and this forum..It help me a lot...
Thanks
Work smart not hard
  • #50,526
  • Nov 15, 2007 3:47pm Nov 15, 2007 3:47pm
Newcastle United owner Mike Ashley will be one of the big losers should Michael Owen and England fail to qualify for Euro2008. The Daily Express says the English economy stands to lose a staggering £1billion in extra revenue if Steve McClaren's England team fail to qualify for next summer's European Championship finals. According to the British Retail Consortium, around £1.25bn was spent in the UK as a result of last year's World Cup and fans will keep at least half of that money in their pockets if England are not part of Euro 2008. Ashley will be one of the biggest losers. His Sports Direct company have already ordered all their unofficial merchandise and had planned to buy in excess of one million official England shirts from Umbro. "It would be disastrous if England don't qualify," said a source close to Ashley. "The order to Umbro would be cut by up to 80 per cent and it would cost the company tens of millions of pounds in lost revenue. "A quarter of the store becomes an England shop during a major tournament and we sell everything; shirts, car packs, flags and wigs. We would be one of the worst affected if England are knocked out." Daniel Pearce, managing editor of the Publican magazine, claimed England's absence from the finals would be "devastating" and would cost the pub industry alone about £100m. "Tournaments such as Euro 2008 are a massive pull for pubs, especially during this age of challenging trading constraints with the recent smoking ban," he said. "It would be devastating for the industry if England failed to get through and pubs would be forced to look for other opportunities to attract the customers during the tournament. For the World Cup, pubs sold an extra 59m pints, resulting in an additional income of £188m. "If England were not in the championships then at least 50 per cent of that income would be lost..... ....just some sport article...england is on the verge of not qualifying though...........
  • #50,527
  • Nov 15, 2007 3:49pm Nov 15, 2007 3:49pm
Quoting sony
Hello
I am the you make fun of me...I did not mean to take your brain
Then give it back now!
Attached Image (click to enlarge)
Click to Enlarge Name: brain.jpg Size: 60 KB
  • #50,528
  • Nov 15, 2007 3:52pm Nov 15, 2007 3:52pm
Quoting sony
Hello
I am the you make fun of me...I did not mean to take your brain and download just some info you are doing now..Just to make me more secure..I know some more about this than it looked first time..
I am glad that i found you guys and this forum..It help me a lot...
Thanks
Sony,

If u are really as new as u sound to be, i would really advice u against jumping into forex with lots of real money. I can assure u that u will end up giving it away to others very shortly. There is lots to this game than just searching for entry and exit points.

Like somoen suggested , school in babypips.com is a very good site start with. Ther are lots of interesting and useful topics on this forum will go a long way in furthering ur knowledge in forex.

Learn about sticking to rules of ur stratergy and learn money management .
The most important thing is preserving ir capital.

Most advice demo trading. But i particularly dont like demo trading as it ytakes away the excitment of trading and u become copmplacent with placing trades and exiting them. when u have real money in stake it evokes emotions such as pain,fear and greed and that how i learnt and each time have gained some experience and have seen ' what not to do'.

there are lots of articles posted each day on this forum. read them, understand what they are saying about the coming news announcements,see how the price reacts to the news announcements. just reading them the night before and observing the price action during news release gives u a lot knowledge as to how a particular pair may react.

There is no point trading all the pairs at the same time ,just becoz u have lots of money. it is important that u look at just 1-2 pairs and try to get properly aquainted with them.again it is good for u to start trading with micro lots on pairs which have smaller spreads and smaller daliy ranges. GJ isnt a good pair to start ur journey in to forex. it will eat ur account in days.

There is money to be made in forex.. so dont squander it away by betting or gambling on pairs with ur gut feeling.instead learn about it and apply it on sound grounds.

Sorry guys for being off-topic and for getting carried away.

But i couldnt resist advicing a newbie and preventing him from threading the same path which so many of us have been through before !!!
  • #50,529
  • Nov 15, 2007 3:52pm Nov 15, 2007 3:52pm
Quoting karmostaji
I see resistance @ 226

Let's see what happens..
Take it
Work smart not hard
  • #50,530
  • Nov 15, 2007 3:55pm Nov 15, 2007 3:55pm
Quoting sri
Sony,

If u are really as new as u sound to be, i would really advice u against jumping into forex with lots of real money. I can assure u that u will end up giving it away to others very shortly. There is lots to this game than just searching for entry and exit points.

Like somoen suggested , school in babypips.com is a very good site start with. Ther are lots of interesting and useful topics on this forum will go a long way in furthering ur knowledge in forex.

Learn about sticking to rules of ur stratergy and learn money management .
The most important thing is preserving ir capital.

Most advice demo trading. But i particularly dont like demo trading as it ytakes away the excitment of trading and u become copmplacent with placing trades and exiting them. when u have real money in stake it evokes emotions such as pain,fear and greed and that how i learnt and each time have gained some experience and have seen ' what not to do'.

there are lots of articles posted each day on this forum. read them, understand what they are saying about the coming news announcements,see how the price reacts to the news announcements. just reading them the night before and observing the price action during news release gives u a lot knowledge as to how a particular pair may react.

There is no point trading all the pairs at the same time ,just becoz u have lots of money. it is important that u look at just 1-2 pairs and try to get properly aquainted with them.again it is good for u to start trading with micro lots on pairs which have smaller spreads and smaller daliy ranges. GJ isnt a good pair to start ur journey in to forex. it will eat ur account in days.

There is money to be made in forex.. so dont squander it away by betting or gambling on pairs with ur gut feeling.instead learn about it and apply it on sound grounds.

Sorry guys for being off-topic and for getting carried away.

But i couldnt resist advicing a newbie and preventing him from threading the same path which so many of us have been through before !!!
Ok thanks
I am 2 YEARS IN THIS AND IT IS GOOD TO HAVE AND HEAR SOME OTHER OPINIONS TOO
Work smart not hard
  • #50,531
  • Nov 15, 2007 4:13pm Nov 15, 2007 4:13pm
Here is a likely scenario INMO there is a time and a price point as well. This could be a potential wolf wave, the 5th touch could go a bit lower, let's see. The prefered option is still to be short till the end of this month at least. The 8hr momentum is bullish, the 4hr is showing mixed to bearish, and that I believe could support the above mentioned scenario
Attached Image (click to enlarge)
Click to Enlarge Name: possible wolf wave.jpg Size: 93 KB
  • #50,532
  • Nov 15, 2007 4:22pm Nov 15, 2007 4:22pm
Quoting karmostaji
Put the converter file in ur expert/indicator folder.
Restart your MT4
Open ur GJ chart, go to Indicators> Custom> converter
Then go to File> Open Offline
You'll get a list, look for 8h GJ chart, click it n Open
Bro,
Where can I get this converter File.

Thanks
Success has a Thousand Fathers.
  • #50,533
  • Nov 15, 2007 4:26pm Nov 15, 2007 4:26pm
Attached Image
Common sense is not so common.
  • #50,534
  • Nov 15, 2007 4:26pm Nov 15, 2007 4:26pm
Quoting kayman
Bro,
Where can I get this converter File.

Thanks
for u my budd
Attached File(s)
File Type: ex4 period_converter_opt.ex4   10 KB | 516 downloads
File Type: txt Read Me.txt   5 KB | 309 downloads
  • #50,535
  • Nov 15, 2007 4:29pm Nov 15, 2007 4:29pm
Quoting gene22
Here is a likely scenario INMO there is a time and a price point as well. This could be a potential wolf wave, the 5th touch could go a bit lower, let's see. The prefered option is still to be short till the end of this month at least. The 8hr momentum is bullish, the 4hr is showing mixed to bearish, and that I believe could support the above mentioned scenario
Gene --

Last week you said that tomorrow would be significant in that GBP/JPY would have a "Major Fall" to 222.00...

Is this still your forecast?
  • #50,536
  • Nov 15, 2007 4:29pm Nov 15, 2007 4:29pm
Quoting gene22
Here is a likely scenario INMO there is a time and a price point as well. This could be a potential wolf wave, the 5th touch could go a bit lower, let's see. The prefered option is still to be short till the end of this month at least. The 8hr momentum is bullish, the 4hr is showing mixed to bearish, and that I believe could support the above mentioned scenario
enlarged it but still cant see price points?
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #50,537
  • Nov 15, 2007 4:29pm Nov 15, 2007 4:29pm
Quoting shahroodi
for u my budd
Appreciate it bro...
Success has a Thousand Fathers.
  • #50,538
  • Nov 15, 2007 4:36pm Nov 15, 2007 4:36pm
Quoting kayman
Appreciate it bro...
np bro
i hope this is usefull for you.
  • #50,539
  • Nov 15, 2007 4:46pm Nov 15, 2007 4:46pm
Quoting Dior
OK, Dior. Looks like I'm getting some competition in the freestyle art realm of this thread. Nice work.

M2B
  • #50,540
  • Nov 15, 2007 4:48pm Nov 15, 2007 4:48pm
Quoting moneymagnet
enlarged it but still cant see price points?
MM,

If you click on the chart, a magnifying glass should come up on your cursor allowing you to magnify the chart enough to see the prices.

M2B
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