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

  • #77,241
  • Edited 11:21pm Apr 30, 2008 10:59pm | Edited 11:21pm
Quoting lilmoe
by the way, i want u guy to take a look at the 5 min chart. tell me if u see an elliott wave, lol
Hmm, the only wave I see is this new down wave. Sorry LilMoe I have no clue about EW's, only rainbow eye candy...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy 4-30-2008 rainbow.gif Size: 36 KB
  • #77,242
  • Apr 30, 2008 11:15pm Apr 30, 2008 11:15pm
Quoting Evilgoat
All Day EUR http://www.forexfactory.com/images/m...ct_holiday.gif Holiday: Labour Day
u mean all european women are going into labour today ?
  • #77,243
  • Apr 30, 2008 11:18pm Apr 30, 2008 11:18pm
Quoting kstorm88
i don't condone anyone taking my advice. haha
Don't worry no one wants to pay a visit to:

http://www.jonco48.com/blog/RockBottom.jpg

So please trade well...

Quoting forexlion
u mean all european women are going into labour today ?
LMAO!...
  • #77,244
  • Apr 30, 2008 11:20pm Apr 30, 2008 11:20pm
Thought I post this from the James16 Chart Thread on Price Action for those that are interested.
Attached File(s)
File Type: doc James16.doc   31 KB | 494 downloads
Indicators show the past. Price Action "Indicates" the future.
  • #77,245
  • Apr 30, 2008 11:23pm Apr 30, 2008 11:23pm
jarroo good to see you again. i really value your input on everything!
  • #77,246
  • Apr 30, 2008 11:23pm Apr 30, 2008 11:23pm
What happens if its a girl trading...
I mean, why do we always assume that its guys who hit it rock bottom!

Quoting Aad
Don't worry no one wants to pay a visit to:

http://www.jonco48.com/blog/RockBottom.jpg

So please trade well...



LMAO!...
  • #77,247
  • Apr 30, 2008 11:33pm Apr 30, 2008 11:33pm
Quoting Aad
Don't worry no one wants to pay a visit to:



So please trade well...



LMAO!...
Aad, how about GBPUSD and EURUSD?
it's going south soon?
to many people claim that it's will be down?
what ur prediction?
  • #77,248
  • Apr 30, 2008 11:37pm Apr 30, 2008 11:37pm
Quoting jarroo
Thought I post this from the James16 Chart Thread on Price Action for those that are interested.
Good and simple quick reference, but what about:

IB or IB4/IBS4 = Inside Bar/Inside Bar Smallest of 4.
MSH = Market Structure High.
MSL = Market Structure Low.
TMHTB (TBH - Two Bar High) = Two Matching Highs Trend Breakout.
TMLTB (TBL - Two Bar Low) = Two Matching Lows Trend Breakout.
DBHLC = Double Bar High with a Lower Close on the second bar.
TBHLC = Triple Bar High with a Lower Close.

Are all those not part of James16 too?...
  • #77,249
  • Apr 30, 2008 11:37pm Apr 30, 2008 11:37pm
Quoting forexlion
u mean all european women are going into labour today ?
  • #77,250
  • Apr 30, 2008 11:42pm Apr 30, 2008 11:42pm
Quoting Aad
Good and simple quick reference, but what about:

IB or IB4/IBS4 = Inside Bar/Inside Bar Smallest of 4.
MSH = Market Structure High.
MSL = Market Structure Low.
TMHTB (TBH - Two Bar High) = Two Matching Highs Trend Breakout.
TMLTB (TBL - Two Bar Low) = Two Matching Lows Trend Breakout.
DBHLC = Double Bar High with a Lower Close on the second bar.
TBHLC = Triple Bar High with a Lower Close.

Are all those not part of James16 too?...
Yes, those are as well.
Indicators show the past. Price Action "Indicates" the future.
  • #77,251
  • Apr 30, 2008 11:46pm Apr 30, 2008 11:46pm
Quoting kstorm88
jarroo good to see you again. i really value your input on everything!
Thanks ks.

Your relatively new to trading. I've read your posts.

Still trying to find your way in the trading world?
Indicators show the past. Price Action "Indicates" the future.
  • #77,252
  • May 1, 2008 12:02am May 1, 2008 12:02am
Tonight, most markets are closed for the observance of May Day, London is in today because they observe on Monday.

My broker is expecting a rather subdued session tonight.

My thoughts. Probably so, but maybe London working alone may do something special..... Any thoughts?
  • #77,253
  • Edited 12:28am May 1, 2008 12:18am | Edited 12:28am
Quoting Ultraman
Aad, how about GBPUSD and EURUSD?
it's going south soon?
to many people claim that it's will be down?
what ur prediction?
Sorry, I don't try to predict I just let the market come to me by placing my orders near key s/r, TL's, fibs and or near round price numbers (James16 patterns also help greatly).

Did you go long on GBP/USD it seems like it turned out good? LiLMoe had a better breakout entry @ 1.9700 instead of the 1.9688 which I stated and was a complete brain fart on my part since 1.9700 was starring at me in the face on my H4 chart. LOL! Anyways, I don't trade G/U so I missed some good long pips on that one.

I haven't traded the E/U since 4/17/08, I'm waiting for that puppy to possibly fall further to the 1.5400/1.5300 price areas before trading it again. The E/U & G/U might have a retrace but that's just a guess, I haven't studied my charts yet. I'm feeling kind of lazy right now, plus the markets will probably be a big yawn for now...
  • #77,254
  • May 1, 2008 12:25am May 1, 2008 12:25am
Quoting jarroo
Yes, those are as well.
But there's no doc that has all of those right?...

Quoting msheno01
What happens if its a girl trading...
I mean, why do we always assume that its guys who hit it rock bottom!
Hey, maybe it's a girl with short hair that accidentally put on a men's sport coat then entered the wrong bathroom after being so distraught by hitting rock bottom. It's a big stretch I now...
  • #77,255
  • May 1, 2008 1:13am May 1, 2008 1:13am
Quoting ephisi
i agree with you quecce, im also waiting on that pullback. to at least 4hr 5sma.

i have a vey strong suspision about this last bull push up, i wouldnt dare buy now

LILMOE, you did the 4HR 5sma retacement trade, nice one, i never miss it. IMO longs are back in play
  • #77,256
  • May 1, 2008 1:15am May 1, 2008 1:15am
London is going to push their GBP up tonight, that they are all alone. Hehe
  • #77,257
  • May 1, 2008 1:17am May 1, 2008 1:17am
Quoting Clouds
London is going to push their GBP up tonight, that they are all alone. Hehe
London is closed for holiday today, isn't it?
Expected the unexpected
  • #77,258
  • May 1, 2008 1:18am May 1, 2008 1:18am
Closed Short and gone Long - wondering if we'll get to see 208 ish today?
  • #77,259
  • May 1, 2008 1:18am May 1, 2008 1:18am
Quoting scyang
London is closed for holiday today, isn't it?
No,
  • #77,260
  • May 1, 2008 1:20am May 1, 2008 1:20am
Quoting scyang
London is closed for holiday today, isn't it?

London Bank Holiday on Monday...they get to play with the low volume and lack of liquidity =
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