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

  • #59,661
  • Jan 18, 2008 10:33am Jan 18, 2008 10:33am
great 4hr/1hr strategy trade on GBP/CHF
  • #59,662
  • Jan 18, 2008 10:34am Jan 18, 2008 10:34am
Quoting dagoods
pres bush speaks be careful ya'll ... just in case but....
what time does bush speak?
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #59,663
  • Jan 18, 2008 10:34am Jan 18, 2008 10:34am
it probally wont break, at least not today
  • #59,664
  • Jan 18, 2008 10:35am Jan 18, 2008 10:35am
Quoting quecee5
But keep in mind qqe5 on 4hr is beneath 50 line. Also, my SL Stoch on 4hr is pointing down. . .

Have a good weekend bro. . . =
For those going strictly by the book, QQE 5(thick blue line) has to cross the the dotted black line b4 a short signal on the 4hr.

Again, if the 1hr QQE 5 is way below the 50 line, then we have have to wait for it to become bullish & then bearish again...oodles of patience required. Like I mentioned earlier, its applies only for those trading by the book.

Have a Great Weekend Bro
Attached Image
  • #59,665
  • Jan 18, 2008 10:37am Jan 18, 2008 10:37am
you guys think its gonna go much lower (considering its a friday)? i have a strong urge to close my shorts right now
  • #59,666
  • Jan 18, 2008 10:38am Jan 18, 2008 10:38am
Quoting shahroodi
i hope good weekend for u my budd.
I wish you the same Bud
  • #59,667
  • Jan 18, 2008 10:42am Jan 18, 2008 10:42am
Quoting moneymagnet
i took 25 pips on the break now back in on the retest. hope this things drops
The charts are saying just that so I guess we wait. . .
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1hr chart 011808_4.gif Size: 32 KB
Click to Enlarge Name: 4hr chart 011808_4.gif Size: 25 KB
  • #59,668
  • Jan 18, 2008 10:48am Jan 18, 2008 10:48am
Quoting moneymagnet
what time does bush speak?

as we write this on snbc.... hes calling on congress for emergency tax releif bill to stimulate economy = more disaster for usa.... sigh.... what a joke...
  • #59,669
  • Jan 18, 2008 10:50am Jan 18, 2008 10:50am
For you HIFX, enjoy! =
Attached File(s)
File Type: mq4 PrevDayAndFloatingPivot.mq4   4 KB | 282 downloads
  • #59,670
  • Jan 18, 2008 10:50am Jan 18, 2008 10:50am
Looks like a classic 15 m dbl top H and S doesnt it
"Millionaires don't use astrology, billionaires do"
  • #59,671
  • Jan 18, 2008 10:52am Jan 18, 2008 10:52am
for tom demark fans target 1 on 30 minute tf has been reached to the pip just now....so if u care to read anything into that this is up to u.... i think we see more dwon side but as forexnovice says it could be very choppy..... or not...who knows


to each his own plan!
  • #59,672
  • Jan 18, 2008 10:57am Jan 18, 2008 10:57am
Quoting dagoods
for tom demark fans target 1 on 30 minute tf has been reached to the pip just now....so if u care to read anything into that this is up to u.... i think we see more dwon side but as forexnovice says it could be very choppy..... or not...who knows


to each his own plan!
i have an 138 fib ext at 208.28 as my first and 207.58 as 2nd
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #59,673
  • Jan 18, 2008 11:03am Jan 18, 2008 11:03am
Quoting moneymagnet
i have an 138 fib ext at 208.28 as my first and 207.58 as 2nd
hi my buud
how u use the fibs extensios??
can u post a link for it's use??
tks

ps:i use skunny fibs,is it fibs extensions???
  • #59,674
  • Jan 18, 2008 11:04am Jan 18, 2008 11:04am
i ended up getting out in the 40's for over 100 pips on all positions. looking to re enter. dont like the chop and its friday
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #59,675
  • Jan 18, 2008 11:06am Jan 18, 2008 11:06am
Q5,Cheers for the indicator.Bye the way,are there any guide lines for the Demark trendline ? Is it a buy or sell if either upper or lower values are broken. HIFX
hifx
  • #59,676
  • Jan 18, 2008 11:07am Jan 18, 2008 11:07am
Quoting moneymagnet
i have an 138 fib ext at 208.28 as my first and 207.58 as 2nd

i am not 100% confident in my fibs yet so......... i think down more but i always play it safe and take some off the table.... just me..... others let profits run.... if i trusted my fibbing i would go with that.... but i dont yet.... I actually have much lower targets as well... based on dmark and fibs but both have disappointed me b4 by going against me and sometimes going on to hit the targets but the stress is killer when you watch your profits turn to losses b4 going to progit again lol.... to each his own plan eh....
  • #59,677
  • Jan 18, 2008 11:07am Jan 18, 2008 11:07am
Quoting dagoods
for tom demark fans target 1 on 30 minute tf has been reached to the pip just now....so if u care to read anything into that this is up to u.... i think we see more dwon side but as forexnovice says it could be very choppy..... or not...who knows


to each his own plan!
Here are two simple charts to determine what's going on with price and where it could be headed. . .
But like you said trade what you see =
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1hr chart 011808_5.gif Size: 22 KB
Click to Enlarge Name: 4hr chart 011808_6.gif Size: 25 KB
  • #59,678
  • Jan 18, 2008 11:08am Jan 18, 2008 11:08am
Quoting moneymagnet
i ended up getting out in the 40's for over 100 pips on all positions. looking to re enter. dont like the chop and its friday

i did the same thing lol i am setting another advanced order under this swing low
  • #59,679
  • Jan 18, 2008 11:09am Jan 18, 2008 11:09am
Quoting shahroodi
hi my buud
how u use the fibs extensios??
can u post a link for it's use??
tks

ps:i use skunny fibs,is it fibs extensions???
dagoods is better than i am. you have to be careful because when drawn in the wrong spot it will burn you. find the "skunny" thread. its awesome! here's an example, i think (hope) its right
Attached Image (click to enlarge)
Click to Enlarge Name: 30min.gif Size: 25 KB
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #59,680
  • Jan 18, 2008 11:10am Jan 18, 2008 11:10am
Quoting dagoods
i did the same thing lol i am setting another advanced order under this swing low
quit copying me or i'm tellin'
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
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