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

  • #84,841
  • May 28, 2008 2:13am May 28, 2008 2:13am
This is really crazy PA going on right now...Short fib cycles open on the 5 and 15. Totally disregarded short and went straight up.. I see this every now and then on the charts. A spike in the wrong direction then a very strong correction in the right direction. I'm wondering if this is a wonderful stop sweep/ big bull fake out? I guess time will tell.
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  • #84,842
  • May 28, 2008 2:15am May 28, 2008 2:15am
Quoting chonchy
nope skillwill fxsol don't have it, I guess I'm unlucky, thanks anyways
Chonchy, you could just download a demo version of mt4, from say FXDD or Interbank (Assuming you have a windows based system).

Several traders do their analysis on mt4, but use a different broker to actually make the orders.
  • #84,843
  • May 28, 2008 2:20am May 28, 2008 2:20am
GJ Just play around 205 ~ 206.
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  • #84,844
  • May 28, 2008 2:44am May 28, 2008 2:44am
Quoting GodfreyH
Chonchy, you could just download a demo version of mt4, from say FXDD or Interbank (Assuming you have a windows based system).

Several traders do their analysis on mt4, but use a different broker to actually make the orders.
thanks godfrey I downloaded but my system don't have the program to open the file I guess I'll have to buy it
The Chonchy
  • #84,845
  • May 28, 2008 2:55am May 28, 2008 2:55am
The program to open the gann file I was given so I can used with fxsol, see the thing is that I scalp so I'm thinking to use it just to tell me my exit or entry point, like when karmo was saying that if the gann goes under 205 she will keep going short if not she will go up so there I can go up or down, I also use stokastics to get in and get out rsi macd on a 1 and 3 and 5 min tf's from a scalping tecnique some body in ff used with the eur/usd, just learning new thing I have another tecnique I used before that give me the rice and beens but thanks a lot I apriciated I'll get a demo from the one you told me good trading sr.
The Chonchy
  • #84,846
  • May 28, 2008 2:56am May 28, 2008 2:56am
You cant buy it, it's a free program.

windows 2000, XP and Vista should all run it without a problem. No extra software / files should be needed.
  • #84,847
  • May 28, 2008 3:02am May 28, 2008 3:02am
Quoting maxvre
You cant buy it, it's a free program.

windows 2000, XP and Vista should all run it without a problem. No extra software / files should be needed.
maybe I have an older version not to good with computers, but I think the other pc have that program, wife sleeping now tomorrow morning I will do it and try it thanks max.
The Chonchy
  • #84,848
  • May 28, 2008 3:08am May 28, 2008 3:08am
I'll probably go short @ 207 ... nd my target is 196
  • #84,849
  • May 28, 2008 3:14am May 28, 2008 3:14am


Quoting jacko
Hi lilmoe

...May I get in on this bet too???

Where do you want me to send my bank account details to ??....

Just so you can put the money in now....

That will save you having to do it later




.
  • #84,850
  • May 28, 2008 3:23am May 28, 2008 3:23am
I'm trying to learn Auslansco's system but is a bit dificult for me, but I'll get it, I used to trade the Dove Alliance system but Mr Dove disapear on me and I don't know to aply it to the gbp/jpy I think Duchtrader know this system, I been willing to ask him, but I haven't seen him lately, the strategy use to work very well with the usd/jpy but I don,t know about the beast any ways thanks to every body, every body is very helpfull in this tread I have learn a lot in it, when some one want to lear forex should read this tread from the bigining is all you need if you are smart, not my case, god bless every body here and good luck trading.
The Chonchy
  • #84,851
  • May 28, 2008 3:32am May 28, 2008 3:32am
GJ need to break 206.48...
  • #84,852
  • May 28, 2008 3:35am May 28, 2008 3:35am
Hey ,what's up fella's. Once again took small profit on that last jump up. I know I got out too soon but untill I learn a good exit strategy this is what I have to do to stay profitable. If anyone would like to share their technique on exiting trades, feel free to pm. me. Thanks fella's. Time for Lunch for me. Maybe I'll be back in the morning . if not, see ya tomorrow night. Great analysis guys. Later and thanks.
  • #84,853
  • May 28, 2008 3:42am May 28, 2008 3:42am
She faked me out today...just when everything looked to me like it was going to at least go down 50 pips, she decided to turn it up.

In 20 Minutes, if things stay as it is, she will be showing Long bias on the H1, but it will take a retracement of 50 pips or so before I would consider entering long on M15.

Might not get to make a trade before work today......
"Keep your eyes on the helpers" - Mr. Rogers
  • #84,854
  • May 28, 2008 3:43am May 28, 2008 3:43am
Quoting Dmac
Hey ,what's up fella's. Once again took small profit on that last jump up. I know I got out too soon but untill I learn a good exit strategy this is what I have to do to stay profitable. If anyone would like to share their technique on exiting trades, feel free to pm. me. Thanks fella's. Time for Lunch for me. Maybe I'll be back in the morning . if not, see ya tomorrow night. Great analysis guys. Later and thanks.
In fact public discussion the exit strategies will be much appreciated by a lot of silent viewers of this thread, and I think i am speaking just for myself!!!
  • #84,855
  • May 28, 2008 3:45am May 28, 2008 3:45am
Continuation Bullish Patterns
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  • #84,856
  • May 28, 2008 3:45am May 28, 2008 3:45am
Quoting PandoraBox
GJ need to break 206.48...
I agree. It has to do it sooner or later. It just needs a little time. O.k Going to lunch now. Later.
  • #84,857
  • May 28, 2008 3:49am May 28, 2008 3:49am
Quoting Dmac
Hey ,what's up fella's. Once again took small profit on that last jump up. I know I got out too soon but untill I learn a good exit strategy this is what I have to do to stay profitable. If anyone would like to share their technique on exiting trades, feel free to pm. me. Thanks fella's. Time for Lunch for me. Maybe I'll be back in the morning . if not, see ya tomorrow night. Great analysis guys. Later and thanks.
Hey Dmac....I use the Accelerator Oscillator from Bill Williams. Not really for a scalp trade though, more for if you are looking for at least 75 pips or more.

I first figure a 50 pip S/L

When my trade is up +25 pips, I will then close the order if it retraces back to within a few pips of going into the red.

After I am up 50 pips, I Kick in the AC. If I am long I will keep the S/L I pip below 3 bars back including the bar that just closed as long as AC is green with my trade. The minute I get a red candle, I will keep my S/L where it was last placed, and I will leave it there until I get a close above the next Green Candlestick. Then i will go back to the AC. If AC is every red when the move is going up, I keep the S/L 1 pip below 2 candles back including the candle that just closed.

In very volitle markets like yesterday, this will hurt more than help as price action is extreme, but on less volitle short M15 trends, this can keep you in the market for quite a while. I also like to have a T/P in mind at the next TL up on M15 or when Williams % gives me a new peak.

This is it in a nutshell....hope some of this will help you
"Keep your eyes on the helpers" - Mr. Rogers
  • #84,858
  • May 28, 2008 3:51am May 28, 2008 3:51am
206.51, the top for last week too was just touched by gj just now..with this it looks to me a top is to be formed right at this point of 206.51 and a pullback to at last 205 to come next before a second attempt to climb and break 206.51.
  • #84,859
  • May 28, 2008 3:52am May 28, 2008 3:52am
Quoting Dmac
I agree. It has to do it sooner or later. It just needs a little time. O.k Going to lunch now. Later.
ok bro take your lunch and see you at 209, after lunch (New York Session)
  • #84,860
  • May 28, 2008 3:59am May 28, 2008 3:59am
zooming out shows a different story imho
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