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

  • #63,861
  • Feb 28, 2008 4:31am Feb 28, 2008 4:31am
Quoting parlenk
Interesting pic to wait upon the close of that daily geppy candle jarroo..the support trendline so far provide a good guidance.An up pinbar on the support trendline will be a good signal when all the ingredients meet.Worth a watch
thx
You gotta chart?
Indicators show the past. Price Action "Indicates" the future.
  • #63,862
  • Feb 28, 2008 4:33am Feb 28, 2008 4:33am
I mean the chart that you posted.
  • #63,863
  • Feb 28, 2008 4:34am Feb 28, 2008 4:34am
Quoting parlenk
I mean the chart that you posted.
Oh. I see. Thanks.
Indicators show the past. Price Action "Indicates" the future.
  • #63,864
  • Feb 28, 2008 4:38am Feb 28, 2008 4:38am
A good convincing close below 210.65 and lookout below.
Trade what you see, not what you think.
  • #63,865
  • Feb 28, 2008 4:45am Feb 28, 2008 4:45am
Quoting karmostaji
A good convincing close below 210.65 and lookout below.
Price Action agrees with that.
Indicators show the past. Price Action "Indicates" the future.
  • #63,866
  • Edited 8:30am Feb 28, 2008 5:25am | Edited 8:30am
There was a nonperfect DBHLC on Jan.29-30/08 that proved to be effective.

As we are hiding in the bushes waiting to pounce on this market, we are looking for a perfect entry. This DBHLC's highs did not match the same. They were off by 26 pips. But as you can see, it did show the way to the short side.

Jim

(just in case malcolmb14 brings this up.)
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #63,867
  • Feb 28, 2008 5:32am Feb 28, 2008 5:32am
Almost ready for the drop, I was tempted to jump in early but one thing you guys have taught me is paitience..lol
  • #63,868
  • Feb 28, 2008 5:32am Feb 28, 2008 5:32am
Quoting karmostaji
A good convincing close below 210.65 and lookout below.
208.27 area ??????
or
206.95 ????????

I think 208.27 would be the lowest and part of me thinks 209.3 area is where it'll turn around.
  • #63,869
  • Feb 28, 2008 5:47am Feb 28, 2008 5:47am
Quoting kujo17
208.27 area ??????
or
206.95 ????????

I think 208.27 would be the lowest and part of me thinks 209.3 area is where it'll turn around.
If it drops, I'd say 207.80 - 208
Trade what you see, not what you think.
  • #63,870
  • Feb 28, 2008 5:51am Feb 28, 2008 5:51am
Quoting karmostaji
If it drops, I'd say 207.80 - 208
I have the same targets if we will have a daily close below 210.20
  • #63,871
  • Feb 28, 2008 5:52am Feb 28, 2008 5:52am
Quoting karmostaji
If it drops, I'd say 207.80 - 208
Good place to load up, for our trip to 217 ! ;-)

well, I'm gonna wait for this 4H bar to close.
It'll be 4AM here and I was up to 4:30am yesterday.
Damn, Forex is like drugs.......

kj
  • #63,872
  • Feb 28, 2008 5:53am Feb 28, 2008 5:53am
Quoting pipchaser
I have the same targets if we will have a daily close below 210.20
Absolutely, if we get a Daily close below the Gann HiLo, then 208.20 would be in play.
  • #63,873
  • Feb 28, 2008 5:54am Feb 28, 2008 5:54am
Quoting kujo17
Good place to load up, for our trip to 217 ! ;-)

well, I'm gonna wait for this 4H bar to close.
It'll be 4AM here and I was up to 4:30am yesterday.
Damn, Forex is like drugs.......

kj
LOL , Forex is addicting but I love it

The thing is if we get a daily QQE cross and a candle below Gann, do you really think we could see 217? bcz if that happens, I doubt we'll see 217.
Trade what you see, not what you think.
  • #63,874
  • Feb 28, 2008 5:55am Feb 28, 2008 5:55am
Quoting kujo17
Absolutely, if we get a Daily close below the Gann HiLo, then 208.20 would be in play.
  • #63,875
  • Feb 28, 2008 5:59am Feb 28, 2008 5:59am
Quoting karmostaji
LOL , Forex is addicting but I love it

The thing is if we get a daily QQE cross and a candle below Gann, do you really think we could see 217? bcz if that happens, I doubt we'll see 217.
Ahhh good point..... I do need Sleep.

I have a gut feeling we see 209.3.
No Daily close below the Gann and we move up to 213.85 and break it this time and hit 217 by end of next week.

Or, we get a close below the Gann at the end of the Daily and we go South and ride her short.....

either way, I'm along for the ride.....

Now, off to sleep......

Take it easy K and to all traders, many pips to us all.
  • #63,876
  • Feb 28, 2008 6:00am Feb 28, 2008 6:00am
4am for 210.87...... sooo anti climactic.

well, I guess I'll see where she's at when I wake up.
  • #63,877
  • Feb 28, 2008 6:02am Feb 28, 2008 6:02am
i guess we did not get a close below 210.65 i m targetting 211.71 daily s1 for shorts again even daily s1. what u guys think
  • #63,878
  • Feb 28, 2008 6:02am Feb 28, 2008 6:02am
New 4H Momentum still pointing south.
Trade what you see, not what you think.
  • #63,879
  • Feb 28, 2008 6:03am Feb 28, 2008 6:03am
Quoting vinesh2
i guess we did not get a close below 210.65 i m targetting 211.71 daily s1 for shorts again even daily s1. what u guys think
That's very possible.

R @ 211.10
S @ 210.65

I hate that 210.65, it's a strong S/R and pretty annoying lol
Trade what you see, not what you think.
  • #63,880
  • Feb 28, 2008 6:07am Feb 28, 2008 6:07am
Quoting shahroodi
tks bro
i locked in profit my position in 210.74,so it dosen't exist anything to hesitate me
my sl hit with +6 pipshttp://qsmile.com/qsimages/70.gif http://qsmile.com/qsimages/70.gif
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