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

  • #76,221
  • Apr 29, 2008 5:42am Apr 29, 2008 5:42am
Quoting quecee5
4hr chart. . .

I look at monthly, weekly, daily, 4hr/1hr. . .
Thanks Quecee5...
  • #76,222
  • Apr 29, 2008 5:42am Apr 29, 2008 5:42am
Quoting jarroo
The 206.72 is the bottom of the Daily Pin Bar, Chris. You got a better eye then me.
Sorry I was away! This paid out beautifully, Pin bar and IB!
  • #76,223
  • Apr 29, 2008 5:43am Apr 29, 2008 5:43am
Quoting jarroo
Interesting looking Inside Bars on the 4 hour chart. This could be fun.
Hey Que. When you get time, start here and follow along on the start of this trade. It's a thing of beauty. Why can't all days be like this.

I can't believe I said, "This could be fun". What a understatement.
Indicators show the past. Price Action "Indicates" the future.
  • #76,224
  • Apr 29, 2008 5:43am Apr 29, 2008 5:43am
Quoting Catch-22
that mean u think there's further downside or that UJ is so strong that when GJ comes up it's gonna bring it furhter with it?
Could go both ways. . .
Right now UJ is holding up GJ, GJ falling because GBP is falling. . .
If th news comes out good, then GJ back up to 209 area, if's it bad then look out below. . .
  • #76,225
  • Apr 29, 2008 5:44am Apr 29, 2008 5:44am
Morning all.
Quecee, I have been following your weekly analysis for the past 2 weeks and have learnt quite alot thanks to you and all the other traders who have been kind enough to help us newbies along. Can pls you direct me to a post that outlines the system that you use for your TA?
  • #76,226
  • Apr 29, 2008 5:45am Apr 29, 2008 5:45am
Q, I have the same question as Catch-22. Is your interpretaion that
- the fact that UJ did not move much means that the GY move down is an anomoly, and it will move back up, or
- that UJ will follow GY down?

Regards...

Quoting quecee5
BINGO!

Someone is paying attention! =

GIVE THAT MAN A "BUD LIGHT" =
Regards, Android.
  • #76,227
  • Apr 29, 2008 5:45am Apr 29, 2008 5:45am
I think 205.4 is a serious brickwall which am not sure GJ will break right now.
Its 61.8 fib from yesterday's bull run and has 50ema on the 4hr
  • #76,228
  • Apr 29, 2008 5:46am Apr 29, 2008 5:46am
Quoting jarroo
Hey Que. When you get time, start here and follow along on the start of this trade. It's a thing of beauty. Why can't all days be like this.

I can't believe I said, "This could be fun". What a understatement.
Yep, I studied your chart on Sunday and said, hummmmmm, now that makes a lot of sense = Love your charts bro! Still learning the price action method, it will be another one for the tool box!
  • #76,229
  • Apr 29, 2008 5:47am Apr 29, 2008 5:47am
Quoting quecee5
Yep, I studied your chart on Sunday and said, hummmmmm, now that makes a lot of sense = Love your charts bro! Still learning the price action method, it will be another one for the tool box!
No,this was from this morning. Check it out. Current trades.
Indicators show the past. Price Action "Indicates" the future.
  • #76,230
  • Apr 29, 2008 5:47am Apr 29, 2008 5:47am
Quoting DutchTrader
Mornin' all

Q =
=
  • #76,231
  • Apr 29, 2008 5:49am Apr 29, 2008 5:49am
Quoting jarroo
Interesting looking Inside Bars on the 4 hour chart. This could be fun.
So what your thoughts, a hold in this area then back up to test upper range?
  • #76,232
  • Apr 29, 2008 5:49am Apr 29, 2008 5:49am
Quoting 2fx
Could you please help me with the ZL (MACD and STOCHS) indicators please...
Thank you
Ok I'm back...go to page 4935 and read forward till now, it's only from 19/20th April so shouldn't take you long...

Also, click on Quecee's links on the page before this to download the indicators.

Hope this helps
  • #76,233
  • Apr 29, 2008 5:49am Apr 29, 2008 5:49am
The USD index is moving up, so UJ = ^
Patience + Humility + Study = Success
  • #76,234
  • Apr 29, 2008 5:54am Apr 29, 2008 5:54am
Quoting quecee5
Could go both ways. . .
Right now UJ is holding up GJ, GJ falling because GBP is falling. . .
If th news comes out good, then GJ back up to 209 area, if's it bad then look out below. . .
I doubt if UJ would go up. It formed an inside bar yesterday and it has broken the bottom of the inside bar.
  • #76,235
  • Apr 29, 2008 5:54am Apr 29, 2008 5:54am
Quoting quecee5
So what your thoughts, a hold in this area then back up to test upper range?
Like you said earlier. Potientially big News coming out this week. Let's see what happens. I'll just keep lock in profits with my half positions but give them room to breathe.
Indicators show the past. Price Action "Indicates" the future.
  • #76,236
  • Apr 29, 2008 5:57am Apr 29, 2008 5:57am
Quoting chris747
Sorry I was away! This paid out beautifully, Pin bar and IB!
Good eye chrsis. Price Action doesn't have to be perfect. It just has to be in the right location with the right amount of confluences.
Indicators show the past. Price Action "Indicates" the future.
  • #76,237
  • Apr 29, 2008 5:58am Apr 29, 2008 5:58am
Quoting sarama001
I doubt if UJ would go up. It formed an inside bar yesterday and it has broken the bottom of the inside bar.
Keep in mind that news day can change this rapidly. . .
  • #76,238
  • Apr 29, 2008 6:00am Apr 29, 2008 6:00am
congratz all sellers with 1st target...but it's gbp news to drop us to 205, i still see all chance to back, before big fall
  • #76,239
  • Apr 29, 2008 6:03am Apr 29, 2008 6:03am
Quoting Jerry
congratz all sellers with 1st target...but it's gbp news drops us to 205, i still see all chance to back, before big fall
So Jerry you didn't see this big drop coming, did ya?

Well guess what? No body else saw it coming either.

No one knows where Price will go.
Indicators show the past. Price Action "Indicates" the future.
  • #76,240
  • Apr 29, 2008 6:04am Apr 29, 2008 6:04am
my gold chart is stagnant anybody with same case...
Imanuel Parsifal
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