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

  • #75,761
  • Apr 27, 2008 9:43pm Apr 27, 2008 9:43pm
Quoting mktjong
Good nite Q.
I expect it to come down to 206 handle or lower by New York session
yeah, usually we have it down in japan and up in london. with bad news we have the opposite wave.
  • #75,762
  • Apr 27, 2008 9:45pm Apr 27, 2008 9:45pm
Quoting vinesh2
Everything on my 1hr is way oversold this thing is going to have to retrace a little to get more buyers.
IMO, i think we got out of overbought position on friday when we had that retrace ment to 206.29.

My 1hr qqu crossed down, and is about to cross back up, once it does i will look for my entry to go long, backed my my inside bar break
Attached Image
  • #75,763
  • Apr 27, 2008 9:47pm Apr 27, 2008 9:47pm
Sorry I meant Overbought my bad!
  • #75,764
  • Apr 27, 2008 9:49pm Apr 27, 2008 9:49pm
Quoting quecee5
I'm very patient. .
Gd night all - still short but now at even higher price. . .

=
Keep your Alert volumes on high. Just Kidding, Que.
Indicators show the past. Price Action "Indicates" the future.
  • #75,765
  • Apr 27, 2008 10:01pm Apr 27, 2008 10:01pm
tired -- wish u a happy green trading -- cu at london.
  • #75,766
  • Apr 27, 2008 10:08pm Apr 27, 2008 10:08pm
Quoting quecee5
Morning bro, bermuda's looking good for me so far. . . Btw, great post!

Opps...just saw your reply bro - thanks.

You've gone Short - that'll be because of the Zero MACD on the Daily staying flat whilst price has climbed? ...I'll wait a little longer and see what Asia 0500GMT throws on the table...Need the 4hr to confirm before I go short but just can't see anything yet to persuade me...Does anyone else agree with the Daily MACD problem?
  • #75,767
  • Apr 27, 2008 10:08pm Apr 27, 2008 10:08pm
Bearish Divergence on 15 min chart. Usually, London would take this one down hard
Attached Image (click to enlarge)
Click to Enlarge Name: gbp-jpy.gif Size: 13 KB
  • #75,768
  • Apr 27, 2008 10:19pm Apr 27, 2008 10:19pm
that's very simple. you identify the critical points and then set up pending orders beyond them.

Quoting frevd
I need to learn how to trend-follow, how does one do that? I dont mean technically, I mean emotionally, I always feel so sheepy *bah*. Too bad I'm not a big dog making the market, really hard for me to pick up the grains.
Nihil Sine Deo.
  • #75,769
  • Apr 27, 2008 10:58pm Apr 27, 2008 10:58pm
strong resistance nearby....be careful on ur longs...
  • #75,770
  • Apr 27, 2008 11:02pm Apr 27, 2008 11:02pm
Quoting ns_karthik
strong resistance nearby....be careful on ur longs...
Fridays' High, 207.60 is proving to be a strong S/R level indeed.
Indicators show the past. Price Action "Indicates" the future.
  • #75,771
  • Edited 11:31pm Apr 27, 2008 11:18pm | Edited 11:31pm
Quoting jarroo
Let's see your clean 4 hour chart, ephisi.
My naked 4 hr charts. Looks so clean and sexy
Attached Image
  • #75,772
  • Apr 27, 2008 11:19pm Apr 27, 2008 11:19pm
Quoting ephisi
My naked 4 hr charts.
Where's your Inside Bar (candle) at 207.62?
Indicators show the past. Price Action "Indicates" the future.
  • #75,773
  • Apr 27, 2008 11:23pm Apr 27, 2008 11:23pm
1hr chart for u. . .

cheers. . .
Attached Image (click to enlarge)
Click to Enlarge Name: 1hr chart 4 u.gif Size: 26 KB
  • #75,774
  • Apr 27, 2008 11:25pm Apr 27, 2008 11:25pm
Quoting jarroo
Where's your Inside Bar (candle) at 207.62?
yes its at fridays high, 207.62. sorry i dont know how to colour my inside bar yet
  • #75,775
  • Apr 27, 2008 11:25pm Apr 27, 2008 11:25pm
Quoting quecee5
1hr chart for u. . .

cheers. . .

What is your target for your short??
  • #75,776
  • Apr 27, 2008 11:25pm Apr 27, 2008 11:25pm
Quoting ns_karthik
strong resistance nearby....be careful on ur longs...
the minute i say it, GJ drops 30 pips like a bomb...
  • #75,777
  • Apr 27, 2008 11:26pm Apr 27, 2008 11:26pm
Quoting ephisi
yes its at fridays high, 207.62. sorry i dont know how to colour my inside bar yet
Place a line on top and bottom of your IB.
Indicators show the past. Price Action "Indicates" the future.
  • #75,778
  • Apr 27, 2008 11:27pm Apr 27, 2008 11:27pm
Quoting quecee5
1hr chart for u. . .

cheers. . .
yess quecce, i see what you are looking at, time will tell if shorts are coming back into paly
  • #75,779
  • Apr 27, 2008 11:27pm Apr 27, 2008 11:27pm
Quoting ns_karthik
the minute i say it, GJ drops 30 pips like a bomb...
I wish I had such power, he he...
  • #75,780
  • Apr 27, 2008 11:28pm Apr 27, 2008 11:28pm
Quoting quecee5
1hr chart for u. . .

cheers. . .
Nice Que. Is the divergence on the 4 hour chart?
Indicators show the past. Price Action "Indicates" the future.
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