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GBP/JPY charts

  • #21
  • Dec 18, 2007 10:09am Dec 18, 2007 10:09am
I think it takes too long to print and load each pic. Feel free to see the charts here. https://fx2.oanda.com/v1.0/login.html

It's the oanda demo. Go ahead. user id "pricecharts" 303982

You'll see the 1 minute chart breaking over the last white line at 228.61
  • #22
  • Dec 18, 2007 10:18am Dec 18, 2007 10:18am
Some are interested in scalping a few times a day, although it would be criminal to recommend it,.... I'd still like to visit the idea. So,...

Do any of your trades, or your charts / trade-setups match up with any of the indications on these charts ?? Is it all hindsight anyway ??

If a guy had shorted it just above 228.50 an hour ago, would you tell him to hold it past the +40 pip area shown by this yellow line ??
Attached Image
  • #23
  • Dec 18, 2007 10:27am Dec 18, 2007 10:27am
OK that was the 1 hour chart I just posted,... could have been handy here but its not really my main trading tool. It's the vegas tunnel. (google it if your interested in the full story) As far as it being a complete system in itself,.... I think you need more than just one tool.....
  • #24
  • Dec 18, 2007 10:35am Dec 18, 2007 10:35am
I'm not making trade recommendations, but if you like to hear the entries in real time, that's fine too.
Attached Image (click to enlarge)
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  • #25
  • Dec 18, 2007 10:38am Dec 18, 2007 10:38am
Quoting price
I'm not making trade recommendations, but if you like to hear the entries in real time, that's fine too.
why not sounds good
  • #26
  • Dec 18, 2007 10:42am Dec 18, 2007 10:42am
Your charts are just peachy!

You'd probably get a lot more comments out of the Beginners section.

Start a thread in the Trading System area and you might regret it cuz of how many "followers" you get. You chart with a lot of confidence and that's sure to attract other traders.
  • #27
  • Dec 18, 2007 10:45am Dec 18, 2007 10:45am
Ahhh, thank you, I am not alone in here. Well, it's a quarter to noon now, my oanda spreads widen at noon sometimes. So, I am kinda done for the day, but I'll be back tomorrow. And who knows, maybe give away some pips,.. maybe not !!
  • #28
  • Dec 18, 2007 10:47am Dec 18, 2007 10:47am
Quoting Poocher
Your charts are just peachy!

You'd probably get a lot more comments out of the Beginners section.

Start a thread in the Trading System area and you might regret it cuz of how many "followers" you get. You chart with a lot of confidence and that's sure to attract other traders.
************
OK, that's all it took, I'll firgure out a way to navigate over to the grown up section. Are you with me ??

cheers,
price
  • #29
  • Dec 18, 2007 10:56am Dec 18, 2007 10:56am
See there,... making 50 short pips ain't so tough. I'm outta here,.... see you all next time.

Cheers,
price
  • #30
  • Dec 19, 2007 6:24am Dec 19, 2007 6:24am
Hello again, this is just a picture from earlier today. The interesting thing is this,--- First thing today, 2:30 am around London open we get this;
(looks just like post #10, now I remember why I saved that pic !!)
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  • #31
  • Edited 12:32pm Dec 19, 2007 12:29pm | Edited 12:32pm
This chart is to answer some questions I have gotten.

RED splotch = see post # 30 & # 10

Yellow circles are all the same point in time.

Blue spots are questionable. What did you do there ?

Charts are 15m , 5m , 1 Hour at the top

The 15 m chart on left says "15m ema 50" ... I recall the ema 50 being talked about around here for 15 min pullbacks.
Attached Image (click to enlarge)
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  • #32
  • Dec 24, 2007 2:53am Dec 24, 2007 2:53am
A look at an old 15 min chart,...
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  • #33
  • Dec 24, 2007 3:06am Dec 24, 2007 3:06am
....And a current 15min chart.
Showing heavy in the yellow circle, but still above the green line.
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  • #34
  • Dec 24, 2007 3:57am Dec 24, 2007 3:57am
the 1 and 5 min charts,....
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  • #35
  • Dec 24, 2007 4:12am Dec 24, 2007 4:12am
It's Dec 24th, I'll say Merry Christmas and the best to all in the New Year.

(,... maybe I'll let trading go for today)
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  • #36
  • Jan 14, 2008 12:17am Jan 14, 2008 12:17am
Central Pivot is 213.17 and the rest is on the chart.
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  • #37
  • Jan 14, 2008 12:21am Jan 14, 2008 12:21am
out 1/2 ,... that was quick
  • #38
  • Jan 14, 2008 12:24am Jan 14, 2008 12:24am
that M2 pivot at 212.53 was my mark
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  • #39
  • Jan 14, 2008 12:48am Jan 14, 2008 12:48am
I went long on this par @221.52, back on Jan 2, just about 5 minutes before it turned south and never looked back. I am down about 880 pips now! (stupid, no stop). Will it ever stop???
  • #40
  • Jan 14, 2008 1:09am Jan 14, 2008 1:09am
Quoting justalabrat
I went long on this par @221.52, back on Jan 2, Will it ever stop???
Well the short answer is 'I dunno'. No one knows that. I look at the chart and I read it. And believe me, I get it wrong all the time.
In trading, you must have an escape plan if a trade goes the wrong way, a point where you will get out.
It's not so much 'what will the market do?', the market will do what it does.
The question is 'What will you do?'.
I hope I'm not just confusing you more, but picking tops seems to be the way to go just now.
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