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

  • #64,561
  • Mar 3, 2008 4:33am Mar 3, 2008 4:33am
Quoting sycho
now add this one...what do you see
i still see 4h candles! I was just curious if any of you trade "inside" the 4h candle - so to speak.
  • #64,562
  • Mar 3, 2008 4:39am Mar 3, 2008 4:39am
Quoting lonespruce
i still see 4h candles! I was just curious if any of you trade "inside" the 4h candle - so to speak.
most people trade with diff time frame depending on there time availability
Imanuel Parsifal
  • #64,563
  • Mar 3, 2008 4:43am Mar 3, 2008 4:43am
Quoting sycho
most people trade with diff time frame depending on there time availability
very true.

here's something to think about though - if you can trade a 50 pip range for 2hours a day and get half the range twice - thats 50pips profit in 2 hours.

is that better or worse than trading the 4h chart with a HUGE stop? just my 2 cents

sorry for the distraction - back to the G/J
  • #64,564
  • Mar 3, 2008 4:50am Mar 3, 2008 4:50am
Quoting lonespruce
very true.

here's something to think about though - if you can trade a 50 pip range for 2hours a day and get half the range twice - thats 50pips profit in 2 hours.

is that better or worse than trading the 4h chart with a HUGE stop? just my 2 cents

sorry for the distraction - back to the G/J
you mean getting it twice and loosing it trice..hmmmmmm i had say lots of red pips..this is g/j dude
Imanuel Parsifal
  • #64,565
  • Mar 3, 2008 4:52am Mar 3, 2008 4:52am
stop hunting seems to be the name of the game... And it big time these days.
  • #64,566
  • Mar 3, 2008 5:11am Mar 3, 2008 5:11am
so much for the news to come and spoil things
Imanuel Parsifal
  • #64,567
  • Mar 3, 2008 5:13am Mar 3, 2008 5:13am
Quoting luckdragon
stop hunting seems to be the name of the game... And it big time these days.
looks like it will go to mid 205 begore retracing
  • #64,568
  • Mar 3, 2008 5:17am Mar 3, 2008 5:17am
must be lunch time in London
  • #64,569
  • Mar 3, 2008 5:22am Mar 3, 2008 5:22am
Quoting lonespruce
must be lunch time in London
)
  • #64,570
  • Mar 3, 2008 5:22am Mar 3, 2008 5:22am
Quoting sycho
so much for the news to come and spoil things
The news was as expected. I think it was good for GBP because cable spiked up. It's UJ that's holding this pair down.
  • #64,571
  • Mar 3, 2008 5:23am Mar 3, 2008 5:23am
try this while GJ ranges

http://www.games2win.com/en/desi/des...et_suicide.asp
  • #64,572
  • Mar 3, 2008 5:41am Mar 3, 2008 5:41am
Quoting karmostaji
We just got the 1st 1H candle to close above the Gann hilo since 211

In other words, a bullish sign.
hi
what you mean by a bullish sign?
  • #64,573
  • Mar 3, 2008 5:43am Mar 3, 2008 5:43am
if we can manage a close below 204 then my 203.5 retest is very much intact..and am still holding unto it...
Imanuel Parsifal
  • #64,574
  • Mar 3, 2008 5:46am Mar 3, 2008 5:46am
Quoting sycho
if we can manage a close below 204 then my 203.5 retest is very much intact..and am still holding unto it...
indeed
  • #64,575
  • Mar 3, 2008 5:47am Mar 3, 2008 5:47am
Quoting khaled22
hi
what you mean by a bullish sign?
www.dictionary.com
Trade what you see, not what you think.
  • #64,576
  • Mar 3, 2008 5:49am Mar 3, 2008 5:49am
I've drawn this green trend line below the candles ... It will help the price to go up. I'm sure about that ...
Attached Image (click to enlarge)
Click to Enlarge Name: trend 15.gif Size: 17 KB
Discipline + Patience - Fear - Greed = Success
  • #64,577
  • Mar 3, 2008 5:57am Mar 3, 2008 5:57am
aus can you clear your p.m. have got a report coming in need your opinion.thanks
Imanuel Parsifal
  • #64,578
  • Mar 3, 2008 6:00am Mar 3, 2008 6:00am
Quoting arezab
I've drawn this green trend line below the candles ... It will help the price to go up. I'm sure about that ...

dammit - i was wondering why price wasn't shooting down!!!
  • #64,579
  • Mar 3, 2008 6:04am Mar 3, 2008 6:04am
Quoting lonespruce
dammit - i was wondering why price wasn't shooting down!!!
I'm sorry. It's done. But I've drawn a red one too. Wait for it ... it will shoot it down again then I promise to remove the green one ...
Discipline + Patience - Fear - Greed = Success
  • #64,580
  • Mar 3, 2008 6:07am Mar 3, 2008 6:07am
close above 205.05 on 15 minute chart will move higher. otherwise we are still short.
It really is that easy.
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