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

  • #69,621
  • Mar 18, 2008 5:24pm Mar 18, 2008 5:24pm
Quoting warta
i think this is the top for 2day
no it'll be 207
  • #69,622
  • Mar 18, 2008 5:29pm Mar 18, 2008 5:29pm
Quoting Jerry
no it'll be 207

closed with 143 pips before this small retrace

am not greedy lol am happy with my profit for today
  • #69,623
  • Mar 18, 2008 5:29pm Mar 18, 2008 5:29pm
Quoting kotaro-san
i think u shud stop posting daily r1 r2 or whatever pivot u got bcoz

its clueless isnt it? unless u post ur chart here
Clueless maybe for those who do not use pivots or even know what they are. For those of us that do, it's a convenient and simple way to refer to a numerical value, nothing more. What you do with any "pivot" is no different than what you do with any other numerical value. As always it's up to you.
FUBAR...
  • #69,624
  • Mar 18, 2008 5:32pm Mar 18, 2008 5:32pm
Quoting warta
closed with 143 pips before this small retrace

am not greedy lol am happy with my profit for today
  • #69,625
  • Mar 18, 2008 5:32pm Mar 18, 2008 5:32pm
Quoting warta
i think this is the top for 2day
not before the Japanese housewives go for a little USD shopping spree
"Everybody needs money. That's why they call it money" - Danny De Vito
  • #69,626
  • Mar 18, 2008 5:36pm Mar 18, 2008 5:36pm
Quoting warta
Attachment

the new momentum 4 h candle sow a verry bull and cross the zerro level i think price willl correct 202.64 weekly pivot witch is the daily R 2
will geather the 4 h 50 SMA ( pink ) with the daily R and weekly pivot to bounce again down

its only my point of view

it was my analyses for today hope i did ok
  • #69,627
  • Edited 5:54pm Mar 18, 2008 5:36pm | Edited 5:54pm
Quoting ak4x
Clueless maybe for those who do not use pivots or even know what they are. For those of us that do, it's a convenient and simple way to refer to a numerical value, nothing more. What you do with any "pivot" is no different than what you do with any other numerical value. As always it's up to you.
dear friend,

some people use different timezone for pivot. the most accurate is GMT+0/+1 or CET central european time.

and most brokers dont use that timezone.

when he said daily r1, GMT+0 daily r1 is TOTALLY different than GMT+8 daily r1.
  • #69,628
  • Mar 18, 2008 5:40pm Mar 18, 2008 5:40pm
He did not say it was useless. I agree with him -- If you are going to post r1, r2 etc., they are pointless unless you attach your chart or even just the numbers.

Quoting ak4x
Clueless maybe for those who do not use pivots or even know what they are. For those of us that do, it's a convenient and simple way to refer to a numerical value, nothing more. What you do with any "pivot" is no different than what you do with any other numerical value. As always it's up to you.
Regards, Android.
  • #69,629
  • Edited 6:09pm Mar 18, 2008 5:46pm | Edited 6:09pm
Quoting ak4x
Clueless maybe for those who do not use pivots or even know what they are. For those of us that do, it's a convenient and simple way to refer to a numerical value, nothing more. What you do with any "pivot" is no different than what you do with any other numerical value. As always it's up to you.
Which Pivots, S&R are you speaking of ?

-Pipimint

Oh, Daily...sorry wasn't paying enough attention
Attached Image (click to enlarge)
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Enjoy it while it lasts, then pay for it. Be Grateful.
  • #69,630
  • Mar 18, 2008 5:49pm Mar 18, 2008 5:49pm
is it the top as i said?
  • #69,631
  • Mar 18, 2008 5:49pm Mar 18, 2008 5:49pm
another 15min for 00:00 GMT+1 . my chart will auto update itself with new pivot points.

its either GMT+0 or +1 , based on daylight saving time
  • #69,632
  • Mar 18, 2008 5:55pm Mar 18, 2008 5:55pm
may that indicate reversal.
Attached Image (click to enlarge)
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  • #69,633
  • Mar 18, 2008 6:07pm Mar 18, 2008 6:07pm
hope you find it helpfull.
Attached Image (click to enlarge)
Click to Enlarge Name: hema chart.gif Size: 20 KB
  • #69,634
  • Mar 18, 2008 6:14pm Mar 18, 2008 6:14pm
Quoting Tiger Hunter
hope you find it helpfull.

amybe its a lil retrace so i prefer to wait to confirm more then maybe we can take a short position

but i think now we will have a range period
  • #69,635
  • Mar 18, 2008 6:17pm Mar 18, 2008 6:17pm
Quoting android
He did not say it was useless. I agree with him -- If you are going to post r1, r2 etc., they are pointless unless you attach your chart or even just the numbers.

Actually, I will agree that it CAN cause some confusion, but anybody using pivots should already realize the potential differences, and get the simple point that SOME significant level is in play somehow. Anybody not understanding pivots probably wouldn't know what to do with a chart that showed them any more than knowing the pivot value.

Many and possibly most folks here probably use actionforex or similar to get them, where the dailys are actually calculated at 2100 GMT or 5pm EST. I personally calculate my own pivots every day using my own charting data (2100 GMT) which differs from my brokers who closes the daily candle at 0:00 GMT. Each broker gives different feeds anyway, so that will differ also.

My point is simple. He made a 9 word statement. I and I'm sure many others understood it to mean what he meant it to, and considered it accordingly If my R1 differs from his by a few pips, no worries.

I hope you're not saying that every time someone mentions a number, they have to post a chart...?
FUBAR...
  • #69,636
  • Mar 18, 2008 6:19pm Mar 18, 2008 6:19pm
Interesting information about basis swaps. I would be interested to see if this starts to reverse after the insane rise in the market today.


http://ftalphaville.ft.com/blog/2008...is-could-hurt/
  • #69,637
  • Mar 18, 2008 6:22pm Mar 18, 2008 6:22pm
might be an interesting asian session. Japan has ANOTHER holiday.
  • #69,638
  • Mar 18, 2008 6:23pm Mar 18, 2008 6:23pm
I was suggesting posting the numbers and from what you say, also the timeframe used.


Quoting ak4x
Actually, I will agree that it CAN cause some confusion, but anybody using pivots should already realize the potential differences, and get the simple point that SOME significant level is in play somehow. Anybody not understanding pivots probably wouldn't know what to do with a chart that showed them any more than knowing the pivot value.

Many and possibly most folks here probably use actionforex or similar to get them, where the dailys are actually calculated at 2100 GMT or 5pm EST. I personally calculate my own pivots every day using my own charting data (2100 GMT) which differs from my brokers who closes the daily candle at 0:00 GMT. Each broker gives different feeds anyway, so that will differ also.

My point is simple. He made a 9 word statement. I and I'm sure many others understood it to mean what he meant it to, and considered it accordingly If my R1 differs from his by a few pips, no worries.

I hope you're not saying that every time someone mentions a number, they have to post a chart...?
Regards, Android.
  • #69,639
  • Mar 18, 2008 6:24pm Mar 18, 2008 6:24pm
Hi Everyone,

It seems today is a Japanese holiday, not sure impact of this to GBP/JPY?


Forex calender shows

All Day JPY http://www.forexfactory.com/images/m...ct_holiday.gif Holiday: Vernal Equinox Day
http://www.forexfactory.com/images/m...dar_detail.gif
  • #69,640
  • Mar 18, 2008 6:25pm Mar 18, 2008 6:25pm
Quoting markam
Interesting information about basis swaps. I would be interested to see if this starts to reverse after the insane rise in the market today.


http://ftalphaville.ft.com/blog/2008...is-could-hurt/

hi markam , hope u r doing well .
whats your view for now and specialy with the assian market ?
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