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

  • #65,861
  • Mar 6, 2008 4:34am Mar 6, 2008 4:34am
oh crap this question.
  • #65,862
  • Mar 6, 2008 4:35am Mar 6, 2008 4:35am
All those who were LONG better go BANG your head soon on the wall next to you .

P:S except Karmo 'Cause I like him
  • #65,863
  • Mar 6, 2008 4:35am Mar 6, 2008 4:35am
Quoting TexasforEX
Actually it was because of the report of an explosion in Times Square. Great advice none the less though
That was not advice, just my humble opinion and personal experience with this pair ...

BTW, I'd like to know where to read these kind of reports from time to time... can you tell me how can I find the source which publishes these type of financial reports?

any web site or thing like that ... ?
Thanks mate
Discipline + Patience - Fear - Greed = Success
  • #65,864
  • Mar 6, 2008 4:37am Mar 6, 2008 4:37am
Quoting Spanishfly
All those who were LONG better go BANG your head soon on the wall next to you .

P:S except Karmo 'Cause I like him
I'm trading based on the chart and that BOE will hold, if they cut then i'll be banging my head as well lol
Trade what you see, not what you think.
  • #65,865
  • Mar 6, 2008 4:37am Mar 6, 2008 4:37am
Quoting shahroodi
very very very good idea....this may keep your account healty and profitable for long long time

keep up mate
Discipline + Patience - Fear - Greed = Success
  • #65,866
  • Mar 6, 2008 4:40am Mar 6, 2008 4:40am
Quoting arezab
That was not advice, just my humble opinion and personal experience with this pair ...

BTW, I'd like to know where to read these kind of reports from time to time... can you tell me how can I find the source which publishes these type of financial reports?

any web site or thing like that ... ?
Thanks mate

Arezab,
CNN reported this one first of the financial sites I have open. My broker posted a message also and another forum I'm in did the same.

Information overload?? LOL
"Timing Is Everything. Really I Swear It Is"
  • #65,867
  • Mar 6, 2008 4:41am Mar 6, 2008 4:41am
will the bulls ever resume this god's given battle of battles? Anyone please let me know when the bulls start with their celebrations, I'm thinking of gate crushing their party
All the best things in life are free.
  • #65,868
  • Mar 6, 2008 4:43am Mar 6, 2008 4:43am
Quoting Scrat
same view here with andrew's pitchfork.
about that h4 candle, i can tell you this for sure (as i studied candlestick patterns quite a lot): in this case, this doji is not really a strong reversal pattern (on my chart it's not even a doji). it only signals indecision in the market, which could also means that uptrend has been temporarily halted. you need a confirmation, which would mean for the next candle to close below... and not even that is enough.
for a strong pattern i would have expected tweezer tops, or an evening star (yes, with a gap upwards...) or something that was close to a gravestone doji. or even a long legged doji...
hope this helps.
We are constantly learning ... that includes me. Those two candles in my 4 hour are spinning top dojis. They played out perfectly.

Go to http://stockcharts.com/school/doku.p...o_candlesticks

to see what a spinning top doji is
Blogging daily now at www.volume.zone
  • #65,869
  • Mar 6, 2008 4:43am Mar 6, 2008 4:43am
looks like the bulls have already loaded their longs and I'm late
All the best things in life are free.
  • #65,870
  • Mar 6, 2008 4:45am Mar 6, 2008 4:45am
Quoting karmostaji
lookback for fibo? are you sure? Do you mean the lookback period for the Gann hilo indicator?

The fibonacci levels, I draw them manually by choosing a swing high/low.

damm i place my sell @ 206.00 by mistake
  • #65,871
  • Mar 6, 2008 4:51am Mar 6, 2008 4:51am
Quoting warta
damm i place my sell @ 206.00 by mistake

u think better to exit now or wait a lil bit ?
  • #65,872
  • Mar 6, 2008 4:53am Mar 6, 2008 4:53am
Quoting fx_lane
looks like the bulls have already loaded their longs and I'm late
Ye mee too, but I'm gonna try trading the boe news 12:00 gmt.
I have fib level 1 pip from where current 1h candle bounced, but I had it out of view damn :/. Would have entered there if I saw it.
  • #65,873
  • Mar 6, 2008 4:54am Mar 6, 2008 4:54am
Quoting arezab
That was not advice, just my humble opinion and personal experience with this pair ...

BTW, I'd like to know where to read these kind of reports from time to time... can you tell me how can I find the source which publishes these type of financial reports?

any web site or thing like that ... ?
Thanks mate

thompson fx hub is good for news
Fear's for the other guy
  • #65,874
  • Mar 6, 2008 4:59am Mar 6, 2008 4:59am
Quoting warta
u think better to exit now or wait a lil bit ?
If U exit now it's gauranteed loss.. if you wait.. price action may forgive your mistake... but in the end... the choice is yours And as Karmo says.. patience in the key that unlocks many pips
  • #65,875
  • Mar 6, 2008 5:18am Mar 6, 2008 5:18am
karmo what u think ? shall i exit now or wait a lil bit ?
  • #65,876
  • Mar 6, 2008 5:31am Mar 6, 2008 5:31am
All this talk about patience and Karmo reminds of that spectacular photo of Tiger Woods standing on that golf fairway in Dubai analyzing his tee shot.
Picture that before you trade.

That is the same mindset you should implement on every trade - total concentration and analysis combined with a game plan. Think the whole thing through and then go for it.
History is written by the victors.
  • #65,877
  • Mar 6, 2008 5:48am Mar 6, 2008 5:48am
malcolm... there is no such thing as spinning top doji. it's either a DOJI, which means that open price = close price (or within a few pips), or a SPINNING TOP (bottom) which means that the real body is very small and the shadows are quite large relative to the body. what i see on h4 and h1 charts is a confirmed spinning top (next candle closed below).
i said i studied candlesticks...
if you want to find out more, the best book out there is steve nison's "japanese candlestick charting techniques".

Quoting malcolmb14
We are constantly learning ... that includes me. Those two candles in my 4 hour are spinning top dojis. They played out perfectly.

Go to http://stockcharts.com/school/doku.p...o_candlesticks

to see what a spinning top doji is
Nihil Sine Deo.
  • #65,878
  • Mar 6, 2008 5:48am Mar 6, 2008 5:48am
Quoting warta
karmo what u think ? shall i exit now or wait a lil bit ?
It is your account, you make that decision warta
Trade what you see, not what you think.
  • #65,879
  • Mar 6, 2008 5:50am Mar 6, 2008 5:50am
Quoting Scrat
malcolm... there is no such thing as spinning top doji. it's either a DOJI, which means that open price = close price (or within a few pips), or a SPINNING TOP (bottom) which means that the real body is very small and the shadows are quite large relative to the body. what i see on h4 and h1 charts is a confirmed spinning top (next candle closed below).
i said i studied candlesticks...
if you want to find out more, the best book out there is steve nison's "japanese candlestick charting techniques".
Google spinning top doji's.

I give up....lol
Blogging daily now at www.volume.zone
  • #65,880
  • Mar 6, 2008 5:53am Mar 6, 2008 5:53am
geppy cant break dayly pivot 206.35 when it breaks we will be in for a nice ride
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