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

  • #75,481
  • Apr 25, 2008 3:58am Apr 25, 2008 3:58am
Expected US GDP is 0.3% i.e, 0.3% less than last quarter..
  • #75,482
  • Apr 25, 2008 4:03am Apr 25, 2008 4:03am
GJ Long what about the ?10:00am USDhttp://www.forexfactory.com/images/m...act_medium.gifConsumer Sentiment (r)
http://www.forexfactory.com/images/m...etail_star.gif
63.363.2

Up Am Thiniking
  • #75,483
  • Apr 25, 2008 4:04am Apr 25, 2008 4:04am
Quoting jarroo
No, I missed it. Where's it at?
i explained a bit about it yesterday,London, check my posts,

You tot me that news is price price is news,dats d basis of d system, i predict d news, b4 d news is out based on price action.and i use MM to stay in profit. i went short on EU yestrday, German ifo. posted it allso yesterday, but d annoying thind was dat i onlt took 34pips(3.4%)0 out of 100pips move
  • #75,484
  • Apr 25, 2008 4:07am Apr 25, 2008 4:07am
Quoting ephisi
i explained a bit about it yesterday,London, check my posts,

You tot me that news is price price is news,dats d basis of d system, i predict d news, b4 d news is out based on price action.and i use MM to stay in profit. i went short on EU yestrday, German ifo. posted it allso yesterday, but d annoying thind was dat i onlt took 34pips(3.4%)0 out of 100pips move
I'll check it out.

34 out 100 pips is a very successful trade.
A break even trade is a successful trade.

Nice ephisi.
Indicators show the past. Price Action "Indicates" the future.
  • #75,485
  • Apr 25, 2008 4:11am Apr 25, 2008 4:11am
Possible price target at S/R level 207.80ish.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #75,486
  • Apr 25, 2008 4:11am Apr 25, 2008 4:11am
Quoting Aad
I just checked an H4 chart and the RSI is not oversold, see the lime color line below (I put RSI 8, 13/14 would be even lower)...

I'm sorry I meant overbout or oberbaut Idon't know how to said that word very good, sorry I'm cuban my english is imported,
The Chonchy
  • #75,487
  • Apr 25, 2008 4:11am Apr 25, 2008 4:11am
Quoting sasoforex
GJ Long what about the ?10:00am USDhttp://www.forexfactory.com/images/m...act_medium.gifConsumer Sentiment (r)
http://www.forexfactory.com/images/m...etail_star.gif
63.363.2

Up Am Thiniking

OMG, thats hours away. face d present
  • #75,488
  • Apr 25, 2008 4:15am Apr 25, 2008 4:15am
Quoting jarroo
Possible price target at S/R level 207.80ish.
thanks. taking a break, will be back in an hour
  • #75,489
  • Apr 25, 2008 4:18am Apr 25, 2008 4:18am
had to try

Quoting ephisi
i warned you?
  • #75,490
  • Apr 25, 2008 4:21am Apr 25, 2008 4:21am
206.78 is 61.8 fib from the latest down movement, usually that's strong resistance, if taken out then 78.6 is possible 207.7x


Quoting jarroo
Possible price target at S/R level 207.80ish.
  • #75,491
  • Apr 25, 2008 4:22am Apr 25, 2008 4:22am
We should get close to the 207.80ish level, if Price breaks the 206.70.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #75,492
  • Apr 25, 2008 4:23am Apr 25, 2008 4:23am
if anyone's trying to go long 206.10 (50% fibo) is a good entry, but with a tight SL


Quoting lilmoe
206.78 is 61.8 fib from the latest down movement, usually that's strong resistance, if taken out then 78.6 is possible 207.7x
  • #75,493
  • Apr 25, 2008 4:23am Apr 25, 2008 4:23am
Quoting lilmoe
206.78 is 61.8 fib from the latest down movement, usually that's strong resistance, if taken out then 78.6 is possible 207.7x
Lines up with a S/R level.

Nice lilmoe.
Indicators show the past. Price Action "Indicates" the future.
  • #75,494
  • Apr 25, 2008 4:36am Apr 25, 2008 4:36am
Quoting jarroo
We should get close to the 207.80ish level, if Price breaks the 206.70.
Added to my long position at 206.72.
Indicators show the past. Price Action "Indicates" the future.
  • #75,495
  • Apr 25, 2008 4:39am Apr 25, 2008 4:39am
i'm new to this thread but have been trying to get the strategy to this systen but to no avail. can someone pls let me into the strategy, plsssssssss
  • #75,496
  • Apr 25, 2008 4:39am Apr 25, 2008 4:39am
Mornin' Ladies and Gents.
Patience + Humility + Study = Success
  • #75,497
  • Apr 25, 2008 4:40am Apr 25, 2008 4:40am
Quoting DutchTrader
Mornin' Ladies and Gents.
Morning.
Indicators show the past. Price Action "Indicates" the future.
  • #75,498
  • Apr 25, 2008 4:42am Apr 25, 2008 4:42am
Quoting jarroo
Added to my long position at 206.72.
Nice ride up so far +30pips...
  • #75,499
  • Apr 25, 2008 4:43am Apr 25, 2008 4:43am
Quoting jarroo
Morning.
Jarroo,

Price is really a great guide, I'm going to study PA in more detail, it's working nicely so far even with my limited knowledge.
Patience + Humility + Study = Success
  • #75,500
  • Apr 25, 2008 4:43am Apr 25, 2008 4:43am
Quoting Aad
Nice ride up so far +30pips...
Lock them in at let it ride.
Indicators show the past. Price Action "Indicates" the future.
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