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

  • #86,721
  • Jun 1, 2008 11:13pm Jun 1, 2008 11:13pm
Quoting damonl
I thought he said something about a 1000 pip move coming up. I was looking at my chart, but nothing jumped out at me....I will look again.
maybe this is what he is seeing......350 pips south from current position is w1 tl....from there it is over a 1000 pip jump back to the blue m1 tl on top of the chart....

Attached Image (click to enlarge)
Click to Enlarge Name: ec.jpg Size: 124 KB
"Keep your eyes on the helpers" - Mr. Rogers
  • #86,722
  • Jun 1, 2008 11:14pm Jun 1, 2008 11:14pm
Quoting ns_karthik77
something tells me that all GBP pairs will retrace to close their sunday gaps...which means GJ will reach 208.8 in the next few hrs ... !!!
Maybe, or maybe it will close gap and go to farther, anything can happen in forex, and if major trendlines are broke, I hear 3,600 pips in a few hours is possible. wait, or is that week, I forget
  • #86,723
  • Jun 1, 2008 11:18pm Jun 1, 2008 11:18pm
Quoting lilmoe
lets say 1.47 now to be more conservative
anyone in a short eur/usd right now?
  • #86,724
  • Jun 1, 2008 11:20pm Jun 1, 2008 11:20pm
Quoting rogerdoger
anyone in a short eur/usd right now?
long but only for a scalp
"Keep your eyes on the helpers" - Mr. Rogers
  • #86,725
  • Jun 1, 2008 11:24pm Jun 1, 2008 11:24pm
Quoting Clouds
... and if major trendlines are broke, I hear 3,600 pips in a few hours is possible. wait, or is that week, I forget
Dude, i was wondering where my voices went. Send them back NOW!
FUBAR...
  • #86,726
  • Jun 1, 2008 11:28pm Jun 1, 2008 11:28pm
Quoting lilmoe
1.5330 area as a first target from now, we might have a minor retracement before so, i'll sell any rally in the way, if 1.5330 is breached by a daily candle and stays there for a couple of days, i'll add more shorts to 1.44-45

see ya there bud
What is the estimated timeframe for hitting 1.5330? Are you saying that it will head higher from here (1.553x) before going down to 1.53xx?
Expected the unexpected
  • #86,727
  • Jun 1, 2008 11:30pm Jun 1, 2008 11:30pm
Quoting damonl
long but only for a scalp
Not sure why, cause you are either going to get 10 pips or 200, cause its either going break trendline or it wont. IMHO
Attached Image
  • #86,728
  • Jun 1, 2008 11:35pm Jun 1, 2008 11:35pm
Quoting Clouds
Not sure why, cause you are either going to get 10 pips or 200, cause its either going break trendline or it wont. IMHO
Attachment
i take 1-10 pips from EU all night with low risk and also then in position for the big move which ever way it goes. I pay no attention to anything except 1 indicator while scalping.

i am trying to get good enough where this will pay my day to day bills and all the rest is just growth
"Keep your eyes on the helpers" - Mr. Rogers
  • #86,729
  • Jun 1, 2008 11:35pm Jun 1, 2008 11:35pm
Quoting rogerdoger
anyone in a short eur/usd right now?
since 1.575
  • #86,730
  • Jun 1, 2008 11:38pm Jun 1, 2008 11:38pm
Quoting scyang
What is the estimated timeframe for hitting 1.5330? Are you saying that it will head higher from here (1.553x) before going down to 1.53xx?
it might, but since my first TP was hit in the by the time i had in mind, i'd say 1.53 would be hit in 4-5 days max
  • #86,731
  • Jun 1, 2008 11:40pm Jun 1, 2008 11:40pm
Quoting lilmoe
it might, but since my first TP was hit in the by the time i had in mind, i'd say 1.53 would be hit in 4-5 days max
Good to know. Thanks for clarifying.
Expected the unexpected
  • #86,732
  • Jun 1, 2008 11:44pm Jun 1, 2008 11:44pm
Gbp/Usd

Time to Close the Gap ?................ ?
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http://i28.tinypic.com/2u5dno2.gif
  • #86,733
  • Jun 1, 2008 11:47pm Jun 1, 2008 11:47pm
The theme for the first trading day in June should be purchasing manager surveys. The U.K. manufacturing PMI figure for May is due for release during the European session, while the New York session will see ISM's latest report on the U.S. manufacturing sector. The recent response by the GBP/USD to UK PMI numbers has been muted, but a big surprise from this report could set the tone for the week on the pound. Tomorrow's spotlight news number should be the ISM index. The market has consistently responded to even modest deviations from the forecast ISM number so far this year.

http://www.youtube.com/watch?v=Hq026GbVHzk

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  • #86,734
  • Jun 1, 2008 11:48pm Jun 1, 2008 11:48pm
208.11 is DP, constantly rejected. i wouldn't count on that though in this low volume market, lets see what the frankfortians have for us, if this is breached, i'm guessing 208.50 would max out any bull attempt. 4h 5sma/ 78.6 fibo fan/ upper TL of bearish flag i posted earlier on my 4h chart.
  • #86,735
  • Jun 1, 2008 11:59pm Jun 1, 2008 11:59pm
Quoting rogerdoger
anyone in a short eur/usd right now?
Short from where?
  • #86,736
  • Jun 2, 2008 12:07am Jun 2, 2008 12:07am
If up 25 pips, then up 200 pips
If down 25 pips, then down 200 pips.
Else,Im wrong
  • #86,737
  • Jun 2, 2008 12:10am Jun 2, 2008 12:10am
Quoting Clouds
If up 25 pips, then up 200 pips
If down 25 pips, then down 200 pips.
Else,Im wrong
Not sure if it's so black and white. Might still be in the ranging mode for awhile longer. Up or down 25 pips could still be considered "in range".
Expected the unexpected
  • #86,738
  • Jun 2, 2008 12:12am Jun 2, 2008 12:12am
Quoting scyang
Not sure if it's so black and white. Might still be in the ranging mode for awhile longer. Up or down 25 pips could still be considered "in range".
Or it might be, sorry talking about gbp/chf;
Attached Image
  • #86,739
  • Jun 2, 2008 12:12am Jun 2, 2008 12:12am
Quoting damonl
i take 1-10 pips from EU all night with low risk and also then in position for the big move which ever way it goes. I pay no attention to anything except 1 indicator while scalping.

i am trying to get good enough where this will pay my day to day bills and all the rest is just growth
Out of curiosity, what indicator would that be?


B
  • #86,740
  • Jun 2, 2008 12:30am Jun 2, 2008 12:30am
Quoting bigcoupe
Out of curiosity, what indicator would that be?


B
Solar winds.....down 19 pips so far toinght, but market is going nowhere and I probably shouldn't even be trading, but the big move is coming. I try to sit here until I have 20-30 pips in profit.

Some nights that happens right away and some nights it takes longer. I figure once i do this more and more, this should be worth 200-300 usd/day.

careful though because solar winds repaints. if you change settings to
smooth=.01
option=2
the repainting will be minimal, usually only 1 bar

leave option=1 and it will not repaint

Attached File(s)
File Type: mq4 SolarWind-ACS3.mq4   3 KB | 452 downloads
"Keep your eyes on the helpers" - Mr. Rogers
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