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

  • #76,081
  • Apr 28, 2008 6:05pm Apr 28, 2008 6:05pm
hi malcolm
can you tell me your trading room times gmt

thx
  • #76,082
  • Apr 28, 2008 6:17pm Apr 28, 2008 6:17pm
11:30 to 15:00 gmt
Sometimes starts a little earlier sometimes stays a little later.
  • #76,083
  • Apr 28, 2008 6:38pm Apr 28, 2008 6:38pm
Quoting Poocher
11:30 to 15:00 gmt
Sometimes starts a little earlier sometimes stays a little later.

thanks poocher thinkin of joinin
  • #76,084
  • Apr 28, 2008 7:58pm Apr 28, 2008 7:58pm
Quoting quecee5
Price should head to our original target as last night or early morning for some. We should see 207 1st target then 206.78 2nd target. . A break there will see 206.36 minor support then 206 area. . .

just for comparing counts
Attached Image (click to enlarge)
Click to Enlarge Name: 6blog.gj2.gif Size: 17 KB
  • #76,085
  • Apr 28, 2008 8:27pm Apr 28, 2008 8:27pm
Heard Fed only make small rate cut...most likely around 0.1 % - 0.2% instead of 0.25%
  • #76,086
  • Apr 28, 2008 8:41pm Apr 28, 2008 8:41pm
Quoting arezab
Thank you Aad for template and nice explanation. It seems to be helpful. I'll try it. The stack of those stochastics work fine.

I appreciate it my friend.
I'm glad it might be of some use...
  • #76,087
  • Apr 28, 2008 8:44pm Apr 28, 2008 8:44pm
Quoting PandoraBox
Heard Fed only make small rate cut...most likely around 0.1 % - 0.2% instead of 0.25%
Have they ever cut less than a .25% point before ?????????
  • #76,088
  • Apr 28, 2008 8:59pm Apr 28, 2008 8:59pm
Quoting kujo17
Have they ever cut less than a .25% point before ?????????
Most likely this time
  • #76,089
  • Apr 28, 2008 9:47pm Apr 28, 2008 9:47pm
Interesting looking Inside Bars on the 4 hour chart. This could be fun.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #76,090
  • Apr 28, 2008 10:05pm Apr 28, 2008 10:05pm
Quoting jarroo
Interesting looking Inside Bars on the 4 hour chart. This could be fun.
fun with Bears or fun with Bulls ?
(not in the 'know' on IBs)
  • #76,091
  • Edited 10:25pm Apr 28, 2008 10:10pm | Edited 10:25pm
Quoting kujo17
fun with Bears or fun with Bulls ?
(not in the 'know' on IBs)
An Inside Bar is an indecision formation between buyers and sellers. They are neither Bearish nor Bullish. The higher the time frame and smaller the IB, the better.

Price tends to compress and when it breaks either side, it tends to make at solid move. It's all in the wonderful world of Price Action.
Indicators show the past. Price Action "Indicates" the future.
  • #76,092
  • Edited 10:59pm Apr 28, 2008 10:59pm | Edited 10:59pm
Quoting jarroo
An Inside Bar is an indecision formation between buyers and sellers. They are neither Bearish nor Bullish. The higher the time frame and smaller the IB, the better.

Price tends to compress and when it breaks either side, it tends to make at solid move. It's all in the wonderful world of Price Action.
the 00:00 4 hour candle is the ib you mention?
If so, it has broken slightly to the up side...
  • #76,093
  • Apr 28, 2008 11:18pm Apr 28, 2008 11:18pm
Quoting Traderschoic
the 00:00 4 hour candle is the ib you mention?
If so, it has broken slightly to the up side...
The Inside Bar (candle) I'm looking at is the 4-28 20:00 candle. Price has broken the top and bottom (the 2-28 00:00candle) of this IB. But what I'm looking for once Price reaches these levels is how hard and fast it breaks the level. Be it the top or the bottom.

If Price kisses the top (let's say) and tucks back inside the candle, it's not a convincing break.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #76,094
  • Apr 28, 2008 11:22pm Apr 28, 2008 11:22pm
Quoting jarroo
Interesting looking Inside Bars on the 4 hour chart. This could be fun.
From my chart GJ start pointing down.
  • #76,095
  • Apr 28, 2008 11:27pm Apr 28, 2008 11:27pm
are we watching
Indicators show the past. Price Action "Indicates" the future.
  • #76,096
  • Apr 28, 2008 11:29pm Apr 28, 2008 11:29pm
Quoting jarroo
are we watching
Entered short at 207.13
Indicators show the past. Price Action "Indicates" the future.
  • #76,097
  • Apr 28, 2008 11:32pm Apr 28, 2008 11:32pm
Quoting jarroo
Entered short at 207.13
Entered short at 207.34
  • #76,098
  • Apr 28, 2008 11:33pm Apr 28, 2008 11:33pm
Quoting jarroo
Entered short at 207.13
I would like it to run a little fast to convince me it's a true break. Will see.
Indicators show the past. Price Action "Indicates" the future.
  • #76,099
  • Apr 28, 2008 11:35pm Apr 28, 2008 11:35pm
Quoting PandoraBox
Entered short at 207.34
You'll notice on this thread that my entries are in real time.
Indicators show the past. Price Action "Indicates" the future.
  • #76,100
  • Apr 28, 2008 11:38pm Apr 28, 2008 11:38pm
Quoting jarroo
You'll notice on this thread that my entries are in real time.

I enter it early...my signal shown it down trend.
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