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

  • #69,141
  • Mar 17, 2008 1:57pm Mar 17, 2008 1:57pm
Quoting quecee5
sieb_ila - chk your pm bro!
Thanks a lot Quecee
  • #69,142
  • Mar 17, 2008 1:58pm Mar 17, 2008 1:58pm
Quoting quecee5
Good approach my friend =
I'm still long and strong 1st target 196.30/50 area. . .
I wish you the best my friend ...
Discipline + Patience - Fear - Greed = Success
  • #69,143
  • Mar 17, 2008 2:04pm Mar 17, 2008 2:04pm
Quoting arezab
I wish you the best my friend ...
Thxs bro and you too my friend. . .
  • #69,144
  • Mar 17, 2008 2:09pm Mar 17, 2008 2:09pm
by the end of the week we will see 200.xx area. since there is a gap and just above the gap there is a swing pivot.
  • #69,145
  • Mar 17, 2008 2:10pm Mar 17, 2008 2:10pm
Q, you not concerned about the Monthly s3 at 195.50?
  • #69,146
  • Mar 17, 2008 2:10pm Mar 17, 2008 2:10pm
1hr chart looking good so far. . .
A close above the 1hr hi/lo Gann would make for a good set-up.

Good luck trading everyone. . .
Attached Image (click to enlarge)
Click to Enlarge Name: 1hr chart.gif Size: 21 KB
  • #69,147
  • Mar 17, 2008 2:10pm Mar 17, 2008 2:10pm
what TF did u see the gap ? can u be exact ? thanks..
make money up or down...whatever ! :
  • #69,148
  • Mar 17, 2008 2:12pm Mar 17, 2008 2:12pm
Quoting ferose
what TF did u see the gap ? can u be exact ? thanks..
ALL TFs. The day opening gap for today.
  • #69,149
  • Mar 17, 2008 2:15pm Mar 17, 2008 2:15pm
Quoting quecee5
1hr chart looking good so far. . .
A close above the 1hr hi/lo Gann would make for a good set-up.

Good luck trading everyone. . .

Sounds good Q. By the way have you seen Karmo. I hope he is O.K. and did not have longs on that last dive. Seems odd he suddenly disappeared
  • #69,150
  • Mar 17, 2008 2:17pm Mar 17, 2008 2:17pm
Quoting vinesh2
Q, you not concerned about the Monthly s3 at 195.50?
Agreed price needs to get above there but right now the set-up is looking pretty good for further upside. . .

Here's what I see,

1) Price is currently trading above the intrday pivot @ 194.45, a close above here would be a good sign of further upward movment.

2) Price has mad a higher low since todays low @ 192.62 area. . . This could mean that we will see 3 or 5 waves up (correction) before heading back down. . .

3) Price is trading above the 1hr hi/lo Gann for now, if it's able to stay above there this would mean further upside is forthcoming. . .
  • #69,151
  • Mar 17, 2008 2:20pm Mar 17, 2008 2:20pm
Quoting quecee5
1hr chart looking good so far. . .
A close above the 1hr hi/lo Gann would make for a good set-up.

Good luck trading everyone. . .
price will play the range the next 30 min will tell the story
  • #69,152
  • Mar 17, 2008 2:29pm Mar 17, 2008 2:29pm
Quoting Dmac
Sounds good Q. By the way have you seen Karmo. I hope he is O.K. and did not have longs on that last dive. Seems odd he suddenly disappeared
I'm sue Karmo is okay, probably just busy with the wedding and all. . .
Have you tried over on his daily journal thread?
  • #69,153
  • Mar 17, 2008 2:55pm Mar 17, 2008 2:55pm
Quoting quecee5
I'm sue Karmo is okay, probably just busy with the wedding and all. . .
Have you tried over on his daily journal thread?

where r u guys
  • #69,154
  • Mar 17, 2008 2:59pm Mar 17, 2008 2:59pm
I guess we saw rejection from Weekly S3
  • #69,155
  • Mar 17, 2008 2:59pm Mar 17, 2008 2:59pm
Quoting warta
where r u guys
Still here collecting pips bro. . .
  • #69,156
  • Mar 17, 2008 3:03pm Mar 17, 2008 3:03pm
Quoting quecee5
Still here collecting pips bro. . .
am not lol
i dont wana play the range
  • #69,157
  • Mar 17, 2008 3:04pm Mar 17, 2008 3:04pm
How do I do it!? I call it the unbelievable hedge!
Attached Image (click to enlarge)
Click to Enlarge Name: blah.gif Size: 13 KB
  • #69,158
  • Mar 17, 2008 3:04pm Mar 17, 2008 3:04pm
Quoting quecee5
So what does that mean. . . Inside bar and DBHLC???? Just curious. . .
Sorry for the delay, Que.

A Inside Bar(candle) is considered an indecision formation in the market. A break in Price from the top or bottom (when managed wisely) can be a high probability trade. In this case it was very profitable. The break down of Price at the bottom of the Inside Bar (194.50) was a 100+ pip trade.

Double Bar High Lower Close (although not perfect) is a Bearish formation. This to me confirms the current down trend and a break in Price at the bottom of the DBHLC (192.50) could be a high probability trade.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #69,159
  • Mar 17, 2008 3:06pm Mar 17, 2008 3:06pm
dear behzad_fx(saramye.com's fundamantal section manager)
where is hussin(your partner)???
wee need his chicken view of market here
just kidding
just say hello from me to him

ps:why your private message not work????
  • #69,160
  • Mar 17, 2008 3:10pm Mar 17, 2008 3:10pm
Quoting jarroo
Sorry for the delay, Que.

A Inside Bar(candle) is considered an indecision formation in the market. A break in Price from the top or bottom (when managed wisely) can be a high probability trade. In this case it was very profitable. The break down of Price at the bottom of the Inside Bar (194.50) was a 100+ pip trade.

Double Bar High Lower Close (although not perfect) is a Bearish formation. This to me confirms the current down trend and a break in Price at the bottom of the DBHLC (192.50) could be a high probability trade.
Thxs!
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