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

  • #68,001
  • Mar 13, 2008 11:22am Mar 13, 2008 11:22am
thanks to the two kind gentlemen.. =) have a look at usd jpy, is a good chance to buy.. wait for a retracement..
  • #68,002
  • Mar 13, 2008 11:29am Mar 13, 2008 11:29am
Quoting mktjong
I think this is the link: http://www.fastonlinetrading.com/terminal.html
It's free and has all kinds of indexes and commodities as well.
Woooohoooo it has like everything! Thanks!
  • #68,003
  • Mar 13, 2008 11:33am Mar 13, 2008 11:33am
Look how price reacts to this fib fan.
Attached Image (click to enlarge)
Click to Enlarge Name: fibfan.gif Size: 32 KB
  • #68,004
  • Mar 13, 2008 11:34am Mar 13, 2008 11:34am
Quoting SimonJ
Woooohoooo it has like everything! Thanks!
Yup, it's unbelievable
I got it from one the FF members as well.
  • #68,005
  • Mar 13, 2008 11:39am Mar 13, 2008 11:39am
hi everyone, m back after a week.

whats the current on gj.
  • #68,006
  • Mar 13, 2008 11:49am Mar 13, 2008 11:49am
Anyone noticing huge upside shadows forming on 1hr GJ
  • #68,007
  • Mar 13, 2008 11:50am Mar 13, 2008 11:50am
Quoting vinesh2
Anyone noticing huge upside shadows forming on 1hr GJ
that is me and quecee selling rejections
  • #68,008
  • Mar 13, 2008 11:51am Mar 13, 2008 11:51am
Quoting vinesh2
Anyone noticing huge upside shadows forming on 1hr GJ
Yep, and I have also found candles to be very unreliable lately.
  • #68,009
  • Mar 13, 2008 11:54am Mar 13, 2008 11:54am
  • #68,010
  • Mar 13, 2008 11:56am Mar 13, 2008 11:56am
Here you go!
Attached Image
  • #68,011
  • Mar 13, 2008 12:01pm Mar 13, 2008 12:01pm
I saw something on 15m and went long for 205.17

Am I correct ?
  • #68,012
  • Mar 13, 2008 12:11pm Mar 13, 2008 12:11pm
I've been sitting here watching the charts and I just thought of a nice term. What do you call a trader who is bullish and bearish? The word is BULLRISH. I am bearish and bullish by analyzing my charts. If I long from 203, I'm a winner. If I short from 205, I'm a winner. So it's not where you are bullish or bearish. It's all about the entry. It's all about when you decide to become a bull or a bear. Just some food for thought.
  • #68,013
  • Mar 13, 2008 12:14pm Mar 13, 2008 12:14pm
Quoting forexlion
I saw something on 15m and went long for 205.17

Am I correct ?
One hour chart is very bullish but 4H chart is very bearish. So we're looking at a retrace to the upside and then down again. And then up again tomorrow when the 4H qqe5 crossed up again since the weekly mom is bullish. I expect to see more of the usual ranging. There will be no break (up or down) this week. Maybe next week but not this week.
  • #68,014
  • Mar 13, 2008 12:20pm Mar 13, 2008 12:20pm
Quoting ovaforty
that is me and quecee selling rejections
Yep! =
Attached Image (click to enlarge)
Click to Enlarge Name: 1hr chart.gif Size: 29 KB
  • #68,015
  • Mar 13, 2008 12:21pm Mar 13, 2008 12:21pm
Quoting forexlion
I saw something on 15m and went long for 205.17

Am I correct ?
Hmmmmmmmmmmmmmmmmmmmm!
  • #68,016
  • Mar 13, 2008 12:24pm Mar 13, 2008 12:24pm
I have been on the sidelines all week because I was so busy away from the market. But I see I didn't miss anything much apart from some scalps here and there from this range. I agree that a break from this range looks unlikely for this week but it is coming very soon I think . Downside is looking more likely but signals are mixed at the moment so I will wait on price action to tell me.

It seems I will be out until next week but who knows, I might see something too good to resist.

Bless
Patience + Discipline - Greed = Success
  • #68,017
  • Mar 13, 2008 12:27pm Mar 13, 2008 12:27pm
Quoting jarroo
Yeah, I'm still long at 203.50 I took half off for 41 pips the other half still s/l at 202.90. This is a small position as I stated earlier. Its a high risk trade played on a whim. I don't pick bottoms either. I hate smelly fingers.
Yeah I'm still long.
Indicators show the past. Price Action "Indicates" the future.
  • #68,018
  • Mar 13, 2008 12:29pm Mar 13, 2008 12:29pm
Ouch !!
  • #68,019
  • Mar 13, 2008 12:44pm Mar 13, 2008 12:44pm
Quoting forexlion
I saw something on 15m and went long for 205.17

Am I correct ?

Nice trade man! Just take what market gives in this time of tight ranging.
  • #68,020
  • Mar 13, 2008 12:46pm Mar 13, 2008 12:46pm
Quoting jarroo
Yeah I'm still long.
not only you la-la-la
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