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

  • #75,401
  • Apr 25, 2008 1:59am Apr 25, 2008 1:59am
Quoting ephisi
1hr gann bounce trades are risky for me, i only take 4hr and daily gann bounce for 50 to 100 pips, it hasnt failed this week, very effective.


Whats your experience with 1hr gann bounce i have never demoed it so i dont know how effective it is.
i only take a 1h Gann bounce in the direction of the 4h trend.
she's riding down that upper tl nicely. so ran a small position short.
  • #75,402
  • Apr 25, 2008 2:02am Apr 25, 2008 2:02am
Quoting kujo17
Did you take that nice 1H Gann bounce short for 30 pips ?
;-)

1hr gann bounce trades are risky for me, i only take 4hr and daily gann bounce for 50 to 100 pips, it hasnt failed this week, very effective.


Whats your experience with 1hr gann bounce i have never demoed it so i dont know how effective it is.
  • #75,403
  • Apr 25, 2008 2:02am Apr 25, 2008 2:02am
Quoting jarroo
My S/R levels are 206.12 and 204.10.
thanks jarro I apriciate that, will see what's happen
The Chonchy
  • #75,404
  • Edited 2:06am Apr 25, 2008 2:05am | Edited 2:06am
shoopy price action what dose it tell you jarroo?
The Chonchy
  • #75,405
  • Apr 25, 2008 2:10am Apr 25, 2008 2:10am
Quoting kujo17
i only take a 1h Gann bounce in the direction of the 4h trend.
she's riding down that upper tl nicely. so ran a small position short.

ok, but d 4hr trend was up, or was it down?
  • #75,406
  • Apr 25, 2008 2:17am Apr 25, 2008 2:17am
Quoting ephisi
ok, but d 4hr trend was up, or was it down?
Indicators are still UP, per say.
But the last 4 4H bars have stayed nicely under the Uppter descending TL.
The sway should happen soon to a down trend.
Unless GDP comes in wicked positive.

ohhh, look at that dive south, as I type..... Nice.
  • #75,407
  • Apr 25, 2008 2:21am Apr 25, 2008 2:21am
Okay, after its laxative I hope this puppy G/j is now ready to drop it like it's hot today...LOL!
  • #75,408
  • Apr 25, 2008 2:27am Apr 25, 2008 2:27am
hi every body
  • #75,409
  • Apr 25, 2008 2:27am Apr 25, 2008 2:27am
Quoting kujo17
Indicators are still UP, per say.
But the last 4 4H bars have stayed nicely under the Uppter descending TL.
The sway should happen soon to a down trend.
Unless GDP comes in wicked positive.

ohhh, look at that dive south, as I type..... Nice.

hahahahaha, Now look at price dive north as i type.
  • #75,410
  • Apr 25, 2008 2:29am Apr 25, 2008 2:29am
that was a nice ride up waiting for my 206 breake, I think we are going to have it after all
The Chonchy
  • #75,411
  • Apr 25, 2008 2:29am Apr 25, 2008 2:29am
GBP/CHF moved 400 pips yesterday, looks like it may move another 400, BUT I am still hoping the USD/CHF reverses for now.
  • #75,412
  • Apr 25, 2008 2:29am Apr 25, 2008 2:29am
Quoting shahroodi
hi every body
hi
sharoo, we are playing ping pong, manager 30pips scalp
  • #75,413
  • Apr 25, 2008 2:32am Apr 25, 2008 2:32am
I think the bulls are comited to fight:surprised
The Chonchy
  • #75,414
  • Apr 25, 2008 2:32am Apr 25, 2008 2:32am
Quoting ephisi
hi
sharoo, we are playing ping pong, manager 30pips scalp
i like ping pong trading,but not with 30 pips,i perefer ping pong with 100-300 pips
  • #75,415
  • Apr 25, 2008 2:34am Apr 25, 2008 2:34am
Quoting shahroodi
i like ping pong trading,but not with 30 pips,i perefer ping pong with 100-300 pips
Yeah that's more like it...
  • #75,416
  • Apr 25, 2008 2:34am Apr 25, 2008 2:34am
Quoting kujo17
Indicators are still UP, per say.
But the last 4 4H bars have stayed nicely under the Uppter descending TL.
The sway should happen soon to a down trend.
Unless GDP comes in wicked positive.

ohhh, look at that dive south, as I type..... Nice.

hmmmmn, kujo, i think i will start working on that 1hr gann boun for 20 to 30 pips, looks promising, from my little backtest
  • #75,417
  • Apr 25, 2008 2:36am Apr 25, 2008 2:36am
Quoting shahroodi
i like ping pong trading,but not with 30 pips,i perefer ping pong with 100-300 pips
you should have taken d week off,
  • #75,418
  • Apr 25, 2008 2:37am Apr 25, 2008 2:37am
some price action to calm the nerves ah?
The Chonchy
  • #75,419
  • Apr 25, 2008 2:38am Apr 25, 2008 2:38am
Quoting ephisi
hahahahaha, Now look at price dive north as i type.
that's ok, punched out another 20
  • #75,420
  • Apr 25, 2008 2:39am Apr 25, 2008 2:39am
Quoting ephisi
hmmmmn, kujo, i think i will start working on that 1hr gann boun for 20 to 30 pips, looks promising, from my little backtest
just hit it 3 times.....
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