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

  • #72,841
  • Apr 11, 2008 5:46am Apr 11, 2008 5:46am
Quoting maheswara
i went to get myself a drink and our fren has moved 100 points
Don't Drink and Drive my friend
  • #72,842
  • Apr 11, 2008 5:47am Apr 11, 2008 5:47am
Quoting Islander
Naked Chart......mm so what are the three indicators below it. Naked is generally accepted as no moving averages or other indicators superimposed on the price action AND no indicators below the chart.

Thus trading decisions are based on price action around support and resistance levels - these may also include trend-lines.
but... but... CAN I have Momentum and be Naked ??? (plz)

  • #72,843
  • Apr 11, 2008 5:50am Apr 11, 2008 5:50am
Quoting Piters
Don't Drink and Drive my friend
advice noted , shall stick to smoke n fly
To Live is the rarest thing in the world , Most people exist , that is all
  • #72,844
  • Apr 11, 2008 5:56am Apr 11, 2008 5:56am
this pair is really profitable most times
i am afraid when i had orders in g/j
i had short from 201.10 out with +35
  • #72,845
  • Apr 11, 2008 5:58am Apr 11, 2008 5:58am
Only frequently used S / R levels - the daily pivots, 100s and 50s plus a couple of small trend lines to high-light the lower lows.

Get rid of all of your lagging indicators and you'll make your decision process a whole lot easier - IMHO......http://www.forexfactory.com/images/icons/icon12.gif
Attached Image (click to enlarge)
Click to Enlarge Name: apr 11 gj 5m 1050.gif Size: 13 KB
Trading Levels with WRBs
  • #72,846
  • Apr 11, 2008 6:02am Apr 11, 2008 6:02am
Quoting Piters
but... but... CAN I have Momentum and be Naked ??? (plz)

LOL.....Why?? - you just have to get used to the freedom

PS How can you be naked and still keep your boxers on?

PSS IMO, its whatever works for YOU and helps YOU make pips http://www.forexfactory.com/images/icons/icon14.gif
Trading Levels with WRBs
  • #72,847
  • Apr 11, 2008 6:12am Apr 11, 2008 6:12am
Broadening top on 1h U/J. So I'm targeting a 70 pip drop on U/J which should also affect G/J.

Measuring target with broadening top pattern: High - low distance and add to breakout-level (about 70 pips here).

Please remember that all patterns fail approx 30-35% failure-rate depending on the setup.

Edit: Attached wrong chart without target but target is around 100.90-101, depending on how price reacts to round number.
Attached Image (click to enlarge)
Click to Enlarge Name: uj.gif Size: 14 KB
Measure twice, cut once
  • #72,848
  • Apr 11, 2008 6:13am Apr 11, 2008 6:13am
Quoting Islander
LOL.....Why?? - you just have to get used to the freedom

PS How can you be naked and still keep your boxers on?

PSS IMO, its whatever works for YOU and helps YOU make pips http://www.forexfactory.com/images/icons/icon14.gif

I am using:

1. DPP, WPP, MPP
2. 200ema, 100sma, 50ema, GannHILO[10]
3. MOMENTUM 10

ONLY AS S/R Levels on all 1H, 4H, D, W, (very powerful)
just open and swim between the levels

Actualy I called earlier that price is going to retest MPP, based on strong 1h Mom, small h&S formation, and very strong Support leveles with GannHILO [4h] and MPP

http://doske.com/fx/snapshot-18.png
  • #72,849
  • Apr 11, 2008 6:14am Apr 11, 2008 6:14am
Quoting Islander
Only frequently used S / R levels - the daily pivots, 100s and 50s plus a couple of small trend lines to high-light the lower lows.

Get rid of all of your lagging indicators and you'll make your decision process a whole lot easier - IMHO......http://www.forexfactory.com/images/icons/icon12.gif
Man I enjoy a clean and straight chart
Measure twice, cut once
  • #72,850
  • Apr 11, 2008 6:17am Apr 11, 2008 6:17am
Patience + Humility + Study = Success
  • #72,851
  • Apr 11, 2008 6:20am Apr 11, 2008 6:20am
  • #72,852
  • Apr 11, 2008 6:20am Apr 11, 2008 6:20am
Quoting aediaz1
Man I enjoy a clean and straight chart
Just the basics!
Attached Image
All that is left in FF is just plain garbage. "Cloggie"
  • #72,853
  • Apr 11, 2008 6:24am Apr 11, 2008 6:24am
198.79 is my target
Patience + Humility + Study = Success
  • #72,854
  • Apr 11, 2008 6:30am Apr 11, 2008 6:30am
lost my position today( very pity
  • #72,855
  • Apr 11, 2008 6:35am Apr 11, 2008 6:35am
Quoting Jerry
lost my position today( very pity
try S/R levels .... allways take your profit there.... collect your pips...

-----------------------------------------------------------------
PA is trying to close above the MPP and GannHILO [4H] ->before NY open
  • #72,856
  • Apr 11, 2008 6:36am Apr 11, 2008 6:36am
101 on U/J gave us a support if you wonder why G/J stopped for a while.

Would be good for continued fall on both G/J and U/J if 101 is taken away, IMO.
Measure twice, cut once
  • #72,857
  • Apr 11, 2008 6:42am Apr 11, 2008 6:42am
Quoting aediaz1
101 on U/J gave us a support if you wonder why G/J stopped for a while.

Would be good for continued fall on both G/J and U/J if 101 is taken away, IMO.

Again S/R levels..

on 4h...

WPP, GannHiLo, 100sma ....that's why.....
Always we have to keep this levels CLEAR

http://doske.com/fx/snapshot-22.png
  • #72,858
  • Apr 11, 2008 6:44am Apr 11, 2008 6:44am
Nice1. Really backed up 101 as good support then
Measure twice, cut once
  • #72,859
  • Edited 7:02am Apr 11, 2008 6:49am | Edited 7:02am
Quoting aediaz1
Nice1. Really backed up 101 as good support then

that's why I am saying that we need more monitors, to watch those S/R levels. I've got 5 so far, but I am planing to install 12.

Watch 1h, 4h, D, W on GY, EY, UY, GU ...then you can say that you are armed.

  • #72,860
  • Apr 11, 2008 6:50am Apr 11, 2008 6:50am
Quoting aediaz1
Nice1. Really backed up 101 as good support then
jep, we have to close this h ~ 101.00 and 199.20 i think we ll
good enter for short was 100.45 and 200.20 i got my signal but i didnt orders..
oh, im loozer today
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