ohh ohh!!! me, me! lol
hey mike hows u my friend and hows green pips with u
i miss green pip today am watching now
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #70,241
- Mar 20, 2008 2:36pm Mar 20, 2008 2:36pm
- Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts
- #70,243
- Mar 20, 2008 2:42pm Mar 20, 2008 2:42pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
These are the 1 hr and 4 hr charts, which one would u like to trust?
Both look like to have a doji or shooting star or whatever candlestick bar you would like to call it. Ok, let's learn together. Thanks
Both look like to have a doji or shooting star or whatever candlestick bar you would like to call it. Ok, let's learn together. Thanks
- #70,244
- Mar 20, 2008 2:44pm Mar 20, 2008 2:44pm
- Joined Jul 2006 | Status: Trader | 4,090 Posts
I dream, therefore I become.
- #70,245
- Mar 20, 2008 2:47pm Mar 20, 2008 2:47pm
- Joined Jul 2006 | Status: Trader | 4,090 Posts
I dream, therefore I become.
- #70,246
- Mar 20, 2008 2:48pm Mar 20, 2008 2:48pm
- Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts
These are the 1 hr and 4 hr charts, which one would u like to trust?
Both look like to have a doji or shooting star or whatever candlestick bar you would like to call it. Ok, let's learn together. Thanks
i think the gann hi/lo just bounce the price si i think if this 1 h candle close bellow the gann line mean there is no confirmation for a bull more than 197.00
or whatu think mike plz correct me if am mistaken
- #70,248
- Mar 20, 2008 2:51pm Mar 20, 2008 2:51pm
- Joined Jul 2006 | Status: Trader | 4,090 Posts
I dream, therefore I become.
- #70,249
- Mar 20, 2008 2:53pm Mar 20, 2008 2:53pm
Hi Julie, as long as you have yourself in profit, then your set! Personally, I trade a little longer term and so I'm pretty sure my target will be reached soon, however I think it could retrace beck to where your stop is at before moving higher. You have to use your own discretion with this, as it's all a learning process.
Right now, according to my charts, we are at resistance and so I would expect a retracement in order to load up again. This should happen sooner than later, as the 4 hour bar closed pinnish to the upside. This is telling me that price got rejected at the support area and now we should be heading back up t the top of the range, although you do need to accomodate for chop along the way.
- #70,250
- Mar 20, 2008 2:54pm Mar 20, 2008 2:54pm
- Joined Jul 2006 | Status: Trader | 4,090 Posts
Thanks bro
I dream, therefore I become.
- #70,251
- Mar 20, 2008 2:56pm Mar 20, 2008 2:56pm
- Joined Jul 2006 | Status: Trader | 4,090 Posts
I dream, therefore I become.
- #70,252
- Mar 20, 2008 2:59pm Mar 20, 2008 2:59pm
- Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts
Honestly, I'm learning from you on that one - What are you thinking with it man? I don't use Gann in my trading so I am unsure of it.
I just see that price action which tells me that it is bullish. With a confirmation bar of that last 4 hour pin, I would plan on seeing this move even higher.
if the 1 h candle close above the gann line hi/lo for me its a good signal to a reversal trend ( change direction ) as the gann line work as S/R in the same time . to be sure about the price mouvement u have to follow the gann with all time frame but for a long trage the daily is very powerfull as the 4 h
- #70,253
- Mar 20, 2008 3:03pm Mar 20, 2008 3:03pm
- Joined Jul 2006 | Status: Trader | 4,090 Posts
Attachment
if the 1 h candle close above the gann line hi/lo for me its a good signal to a reversal trend ( change direction ) as the gann line work as S/R in the same time . to be sure about the price mouvement u have to follow the gann with all time frame but for a long trage the daily is very powerfull as the 4 h
I dream, therefore I become.
- #70,254
- Edited 3:19pm Mar 20, 2008 3:07pm | Edited 3:19pm
- Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts
Thanks Warta. Shorted eur/gbp at 0.7871 and tp at 0.7775. Thanks a lot for the input. What is your view on that pair for today please.
well a glad my bro u make a nice profit wish u a zillion of pips with every trade u make.
well my view is :
the price now is in a down tend and in by 1 h chart supported by the S 2 @ 0.7764 so my advice to wait and check ur 30 min chart once the 30 min candle close bellow the support line go short aand the target will be S 3 @ 0.7720
N.B : its only my view
- #70,255
- Mar 20, 2008 3:10pm Mar 20, 2008 3:10pm
- Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts
Ok, so it works kind of like MA's do to represent s/r. Nice stuff man, it bounced right off of it, it looks like. That goes along with the thought that we need a retracement first before moving any higher If we should move higher. Nice analysis!
tkx bro am learning from u alot and hope one day to atempt my momentum
btw we will miss u the next couple of days take care and enjoy ur time
- #70,257
- Mar 20, 2008 3:26pm Mar 20, 2008 3:26pm
- Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts
- #70,259
- Mar 20, 2008 3:29pm Mar 20, 2008 3:29pm
- Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts
- #70,260
- Mar 20, 2008 3:35pm Mar 20, 2008 3:35pm
- Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts
Here's a one hour chart with the resistance possibly holding the price down. If it closes like this, I would expect a retracement before another runup.
mike the 1 h candle is above the gann hi/lo and this last cross the 5 sma if this 1 h candle close above the gann blue line its a nice indicator for a bullish trend specialy coz the 4 h gann chart is to close to the 4 h can and must close above too
