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

  • #50,621
  • Nov 16, 2007 4:35am Nov 16, 2007 4:35am
whoever is going long, have your stop-loss otherwise you'll end up..

http://www.babybundlecakes.com/Image...ing%20Baby.jpg
Trade what you see, not what you think.
  • #50,622
  • Nov 16, 2007 4:44am Nov 16, 2007 4:44am
Quoting karmostaji
whoever is going long, have your stop-loss otherwise you'll end up..

http://www.babybundlecakes.com/Image...ing%20Baby.jpg
Patience + Humility + Study = Success
  • #50,623
  • Nov 16, 2007 4:44am Nov 16, 2007 4:44am
Quoting karmostaji
whoever is going long, have your stop-loss otherwise you'll end up..

http://www.babybundlecakes.com/Image...ing%20Baby.jpg
i agree with u was waiting this since london start
Good judgment comes from experience, and experience comes from bad judgment
  • #50,624
  • Nov 16, 2007 4:55am Nov 16, 2007 4:55am
GJ is playing it so tricky today?!! anyone knows wuts going on today?
  • #50,625
  • Nov 16, 2007 4:59am Nov 16, 2007 4:59am
Quoting salghxxx
GJ is playing it so tricky today?!! anyone knows wuts going on today?
GJ trying to wipe out some accts
Good judgment comes from experience, and experience comes from bad judgment
  • #50,626
  • Nov 16, 2007 5:01am Nov 16, 2007 5:01am
Typical Friday BS!
  • #50,627
  • Nov 16, 2007 5:03am Nov 16, 2007 5:03am
It will reverse after it touches 233.60 area, just my opinion.
Trade what you see, not what you think.
  • #50,628
  • Nov 16, 2007 5:11am Nov 16, 2007 5:11am
karmo,

You see 233 today, or do you mean 223?
Patience + Humility + Study = Success
  • #50,629
  • Nov 16, 2007 5:27am Nov 16, 2007 5:27am
  •  DBE
  • | Joined Apr 2007 | Status: Pippin for a givin' | 45 Posts
sure is quiet in here....everyone holding their breath?
  • #50,630
  • Nov 16, 2007 5:29am Nov 16, 2007 5:29am
Quoting karmostaji
whoever is going long, have your stop-loss otherwise you'll end up..
The weekly 100 sma is pretty strong. Got to love thoses higher time frames
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #50,631
  • Nov 16, 2007 5:51am Nov 16, 2007 5:51am
Quoting jarroo
The weekly 100 sma is pretty strong. Got to love thoses higher time frames
More reason to short then.
  • #50,632
  • Edited 6:26am Nov 16, 2007 5:56am | Edited 6:26am
Quoting uncleforex
More reason to short then.
A couple 4 hour candles below the weekly 100 sma and I may consider a short position, otherwise I'll take a long with a small s/l below the 100 sma weekly.

Good luck everyone,

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #50,633
  • Nov 16, 2007 6:34am Nov 16, 2007 6:34am
Whoooooo Let The Bulls Out......???
  • #50,634
  • Nov 16, 2007 6:37am Nov 16, 2007 6:37am
Quoting FXStudent
Whoooooo Let The Bulls Out......???
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Indicators show the past. Price Action "Indicates" the future.
  • #50,635
  • Nov 16, 2007 6:50am Nov 16, 2007 6:50am
IMO we have a 15min strategy signal.
  • #50,636
  • Nov 16, 2007 6:52am Nov 16, 2007 6:52am
Quoting ibrahim
IMO we have a 15min strategy signal.

which way?
  • #50,637
  • Edited 7:49am Nov 16, 2007 6:53am | Edited 7:49am
Quoting karmostaji
It will reverse after it touches 233.60 area, just my opinion.
I agree with you and Gene22 on this one.
UJ has completed its down move for now and is expected to head north toward 112/112.30/40 area before its bigger move down to 108/105. GU is oversold and may retrace back toward 2.0570/2.0690's or so. A close above 110 for UJ and 5.0400 for GU would confirm uptrend for GJ.

GJ should retrace back up toward 231.50's/233 possibly 234 area before it completes it's final ride up then back down toward 209.50's. That's the range where I'm looking to start building short positions.

As of now I'm long GJ from 224.50's and will stay the course until I see a sign of a reversal. A close above 226.70's would add more confidence to this senario and as of now it looks like we are in an uptrend.

Good luck to all on your trades today!
  • #50,638
  • Nov 16, 2007 6:59am Nov 16, 2007 6:59am
Quoting ibrahim
IMO we have a 15min strategy signal.
Not in the opinion of Mr. Aus rules for long. Price is below 100 sma hourly and below the pivot. QQE; Yes. Gann; Yes. Risky. You could take it, but use a smaller s/l and lot size. IMO.
Jim
Indicators show the past. Price Action "Indicates" the future.
  • #50,639
  • Nov 16, 2007 7:05am Nov 16, 2007 7:05am
Quoting jarroo
Not in the opinion of Mr. Aus rules for long. Price is below 100 sma hourly and below the pivot. QQE; Yes. Gann; Yes. Risky. You could take it, but use smaller s/l and lot size. IMO.
Jim

hi Jim,
i have the pivot at 225.37. on the other hand, the 100 sma, isnīt it the 15 min one?
  • #50,640
  • Nov 16, 2007 7:07am Nov 16, 2007 7:07am
Quoting ibrahim
hi Jim,
i have the pivot at 225.37. on the other hand, the 100 sma, isnīt it the 15 min one?
I have a different pivot. No, not the 15 min one, the 100 sma on the hourly.

Anyway, did you take the trade?
Indicators show the past. Price Action "Indicates" the future.
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