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

  • #74,841
  • Apr 23, 2008 10:04am Apr 23, 2008 10:04am
As I mentioned earlier, the daily momentums are all over the place,(1C down, 10C up 14c down),therefore not usually a good time to trade. GBP/YEN has been reeling like a drunken sailor, so if you are in a trade, you've got to lock in profits early on a day like today.
Attached Image
  • #74,842
  • Apr 23, 2008 10:05am Apr 23, 2008 10:05am
Quoting FerruFx
I am still thinking that GJ will go re-test 203.50/203.30 ... wait and see.

Love this pair!

FerruFx
iam going to see 203.50/203.30 on friday
will see
  • #74,843
  • Apr 23, 2008 10:05am Apr 23, 2008 10:05am
1H closed above DPP, now next stop is 205.43 - confluence of 100sma[1h] and Gann HiLo [1h]

http://www.doske.com/Charts/snapshot-79.png
  • #74,844
  • Apr 23, 2008 10:07am Apr 23, 2008 10:07am
Quoting quecee5
I see it challenging 205.40/50 area then 206 by the end of the day only if it can stay above the daily pivot. A break of 206 then I will be long intil 211.
good target on next week
  • #74,845
  • Apr 23, 2008 10:08am Apr 23, 2008 10:08am
This pair's acting like a virgin on her wedding night.
Patience + Humility + Study = Success
  • #74,846
  • Apr 23, 2008 10:10am Apr 23, 2008 10:10am
morning star doji on h1

i guess it's going up now
  • #74,847
  • Apr 23, 2008 10:11am Apr 23, 2008 10:11am
Quoting DutchTrader
This pair's acting like a virgin on her wedding night.
Can you elaborate please??
  • #74,848
  • Apr 23, 2008 10:11am Apr 23, 2008 10:11am
could it be?

Attached Image
  • #74,849
  • Apr 23, 2008 10:12am Apr 23, 2008 10:12am
Quoting lilmoe
morning star doji on h1

i guess it's going up now
i was the only one who went north but all of u short
  • #74,850
  • Apr 23, 2008 10:13am Apr 23, 2008 10:13am
we made pips right?

Quoting warta
i was the only one who went north but all of u short
  • #74,851
  • Apr 23, 2008 10:14am Apr 23, 2008 10:14am
Quoting DutchTrader
This pair's acting like a virgin on her wedding night.
Catch me if u can

sw
The Will is Greater than the Skill
  • #74,852
  • Apr 23, 2008 10:14am Apr 23, 2008 10:14am
Quoting lilmoe
we made pips right?
oh yeah a nice 120pips till now and counting
  • #74,853
  • Apr 23, 2008 10:15am Apr 23, 2008 10:15am
GJ cannot go up much more, it has an appointment with 202, its just usd what keeps it up for now, regarding oversold pound and eur pushing. pretty interesting constellation, especially with tomorrows news.
  • #74,854
  • Apr 23, 2008 10:15am Apr 23, 2008 10:15am
heyyyyy, i thought u got stopped out at 204.10!!!

Quoting warta
i was the only one who went north but all of u short
  • #74,855
  • Apr 23, 2008 10:15am Apr 23, 2008 10:15am
Quoting GodfreyH
As I mentioned earlier, the daily momentums are all over the place,(1C down, 10C up 14c down),therefore not usually a good time to trade. GBP/YEN has been reeling like a drunken sailor, so if you are in a trade, you've got to lock in profits early on a day like today.
Do u trade mom on the daily with the hi/lo channels?
  • #74,856
  • Apr 23, 2008 10:17am Apr 23, 2008 10:17am
Quoting Jerry
good target on next week
  • #74,857
  • Apr 23, 2008 10:19am Apr 23, 2008 10:19am
Quoting lilmoe
heyyyyy, i thought u got stopped out at 204.10!!!

noo i took long @ 204.20 coz i waited the 4 h candle to close above the 204.28 my entry was 204.20 SL 204.00
  • #74,858
  • Apr 23, 2008 10:20am Apr 23, 2008 10:20am
Quoting quecee5
Do u trade mom on the daily with the hi/lo channels?
I trade the 30 min TF like Lilmoe, but I have been trying my hand at Auslanco's longer term momentum analysis with the 5-sma channel to get a general sense of direction of where the trade may go.
  • #74,859
  • Apr 23, 2008 10:21am Apr 23, 2008 10:21am


Quoting warta
well am long SL @ 204.10 only hahah isn't a big risk
  • #74,860
  • Apr 23, 2008 10:22am Apr 23, 2008 10:22am
@http://www.lib.uwo.ca/music/Mltutind.../detective.gif
Patience + Humility + Study = Success
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