"Millionaires don't use astrology, billionaires do"
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #79,321
- May 8, 2008 5:20am May 8, 2008 5:20am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
- #79,323
- Edited 5:58am May 8, 2008 5:29am | Edited 5:58am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Ok Guys,
After that big move in Asia, let see what is our situation:
price bellow: Daily Gann, 4h gann, 1H gann
resistance on top:
Monthly Pivot, Weekly pivot, 5sma [4H], 200 ema [4H], gann HILO [1h] -> all in range from 204.15 - 204.60 very strong resitance I say..
New 4H, 1H momentum pointing down, SO.....
Stay AWAY until BOE or I will not say that bulls are strong.. a lot of resistance to Break:
)Pin Bar shows a reversal to go long. Let's see what happens. Don't get me wrong, this should be fun.
Indicators show the past. Price Action "Indicates" the future.
- #79,324
- May 8, 2008 5:35am May 8, 2008 5:35am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
This is a good experiment. Let's see if Price Action shows a long before the indicators. ( I'm not picking on you piters, it's just a test.
Pin Bar show reversal to go long. Let's see what happens. Don't get me wrong, this should be fun.
No, actualy I am trying to pickup some of your Awsome trades my friend with Inbar and outbars. that's great.. I agree with you that it is litlle bit complicated at this moment. I see up move only in case of some good NEWS, other wise all charts are saying Down. As i can see this candle which closes in 3.30 hours from my side, looks promising for inside Bar, SO YES my friend I am with you, let see, this should be FUN. BTW I am short from 205.63, but I hedge on all retracements
- #79,327
- May 8, 2008 5:43am May 8, 2008 5:43am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
what would be the price action if ECB and BOE not going to cut rates? How does it effect G/J and E/U ?
Indicators show the past. Price Action "Indicates" the future.
- #79,328
- May 8, 2008 5:45am May 8, 2008 5:45am
- | Membership Revoked | Joined Apr 2008 | 2,468 Posts
wonder if shakes covered?
Good morning everyone!!
Well done all who caught that move
!!Well, should I say not so good for longs last night...
Closed all positions apart from one before Asia (lucky, but still at a loss)...and of course the only long left was spiked at mid 202 FFS!
(ironic as I even said last night I expected a spike past 203.50 - just didn't think of a 110pip spike past!!!!)Looking for an entry point here for Longs BUT, market is volatile and uncertain IMHO...might stay away.... if 1hr Gann crosses may jump in, 4hr candle looks good if it completes properly...what do you bros think?? Thought it would have climbed out of this area quickly, but seems to be poised for a drop again IMHO
This is a good experiment. Let's see if Price Action shows a long before the indicators. ( I'm not picking on you piters, it's just a test.
Pin Bar show reversal to go long. Let's see what happens. Don't get me wrong, this should be fun.
- #79,330
- May 8, 2008 5:50am May 8, 2008 5:50am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
I have a feeling PA will win hands down, now on another note when I grow up I wanna be just like you Jarroo...
But I did pick a pretty good looking Pin Bar with some good confluences.
Indicators show the past. Price Action "Indicates" the future.
- #79,333
- May 8, 2008 6:17am May 8, 2008 6:17am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
What ever happened to Que? 
Indicators show the past. Price Action "Indicates" the future.
- #79,334
- May 8, 2008 6:18am May 8, 2008 6:18am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
something to look at on my 15 min chart
- #79,335
- May 8, 2008 6:24am May 8, 2008 6:24am
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
Patience + Humility + Study = Success
- #79,336
- May 8, 2008 6:24am May 8, 2008 6:24am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #79,338
- May 8, 2008 6:31am May 8, 2008 6:31am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #79,340
- May 8, 2008 6:34am May 8, 2008 6:34am
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
hey there big guy, did u sleep well?
how are you?Srikanth,
Gotcha
Patience + Humility + Study = Success