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Nihil Sine Deo.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #87,361
- Jun 2, 2008 4:39pm Jun 2, 2008 4:39pm
- Joined Jan 2007 | Status: Trader | 3,719 Posts
Nihil Sine Deo.
- #87,362
- Jun 2, 2008 4:41pm Jun 2, 2008 4:41pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
here it is.
- #87,363
- Jun 2, 2008 4:42pm Jun 2, 2008 4:42pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #87,364
- Jun 2, 2008 4:44pm Jun 2, 2008 4:44pm
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Patience + Discipline - Greed = Success
- #87,365
- Jun 2, 2008 4:44pm Jun 2, 2008 4:44pm
- Joined Apr 2008 | Status: Trader | 7,674 Posts
What I see for now..
- #87,366
- Jun 2, 2008 4:47pm Jun 2, 2008 4:47pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
Well...that was a lot of fun last night.
I don't know what to add except if you look at the current support level that we bounced off today, this same level has been hit 9 times since 3/3/08 and 7 of those times it retraced, most of them especially when coming down retraced to near previous peaks before trying again. based on history, i would say that there is a good chance it will happen again....
Also, auslanco M15 system looks like it night be wnated to give a long signal soon, but will wait until that happens
Malcolm....now i have plotted fib lines, please direct me to the no b.s bottom line, no fluff, straight to the point rules of how to use them.....thanks.....
I don't know what to add except if you look at the current support level that we bounced off today, this same level has been hit 9 times since 3/3/08 and 7 of those times it retraced, most of them especially when coming down retraced to near previous peaks before trying again. based on history, i would say that there is a good chance it will happen again....
Also, auslanco M15 system looks like it night be wnated to give a long signal soon, but will wait until that happens
Malcolm....now i have plotted fib lines, please direct me to the no b.s bottom line, no fluff, straight to the point rules of how to use them.....thanks.....
"Keep your eyes on the helpers" - Mr. Rogers
- #87,367
- Edited 5:11pm Jun 2, 2008 4:49pm | Edited 5:11pm
- Joined Jan 2007 | Status: Trader | 3,719 Posts
Nihil Sine Deo.
- #87,369
- Jun 2, 2008 5:01pm Jun 2, 2008 5:01pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #87,370
- Jun 2, 2008 5:05pm Jun 2, 2008 5:05pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
"Keep your eyes on the helpers" - Mr. Rogers
- #87,371
- Jun 2, 2008 5:12pm Jun 2, 2008 5:12pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
i think so, it looks very good from what i can tell. But i am new to using it, and so probably would do so with just beginner caution.
i work in construction and i think many companies will go bankrupt. the company i work for has a lot of overhead and they are not the cheapest people on the block....not a good combination for the times we are entering.
maybe things will turn around, but for now, i will be up 20/7 to make sure i have it down what i need to do as a worst case scenario...and as a best case scenario, they don't go bankrupt, but i am able to leave them anyway.
after trading forex i see no reason to go back into a starting a labor business of my own again......
"Keep your eyes on the helpers" - Mr. Rogers
- #87,372
- Jun 2, 2008 5:15pm Jun 2, 2008 5:15pm
- | Membership Revoked | Joined Apr 2008 | 2,468 Posts
To complement Aus's system I've been using these moving averages to reafirm Price Action. Notice the blue squares on the 4hr Chart - Each time price (outside red line, which is a 6 SMA) approaches the 156 SMA (white line), it has been breached. We are a few pips away from the 6 and 156 SMA crossing again, maybe we'll get the same results...
On the Daily Chart I see:-
QQE Crossing down with plenty of room to move
Z MACD moving towards 0
Z Stochs curling down with plenty of room to move
Price below 5 SMA and touching Gann HiLo
Note the conjested SMA's zone. Price has fallen back into this zone, indicating to me that the whole rise last week on Wed, Thurs, Fri was artifically inflated and that price is back at it's mean level. The fall from here out of the conjested zone could be quite spectacular.
Your thoughts would be appreciated.
On the Daily Chart I see:-
QQE Crossing down with plenty of room to move
Z MACD moving towards 0
Z Stochs curling down with plenty of room to move
Price below 5 SMA and touching Gann HiLo
Note the conjested SMA's zone. Price has fallen back into this zone, indicating to me that the whole rise last week on Wed, Thurs, Fri was artifically inflated and that price is back at it's mean level. The fall from here out of the conjested zone could be quite spectacular.
Your thoughts would be appreciated.
- #87,373
- Jun 2, 2008 5:17pm Jun 2, 2008 5:17pm
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
- #87,374
- Jun 2, 2008 5:21pm Jun 2, 2008 5:21pm
- Joined Feb 2008 | Status: Trader | 5,732 Posts
My daily bar has just closed and i have a 4hr short signal..however I can also see a possible retrace to 206.20.....
Patience + Discipline - Greed = Success
- #87,375
- Jun 2, 2008 5:24pm Jun 2, 2008 5:24pm
To complement Aus's system I've been using these moving averages to reafirm Price Action. Notice the blue squares on the 4hr Chart - Each time price (outside red line, which is a 6 SMA) approaches the 156 SMA (white line), it has been breached. We are a few pips away from the 6 and 156 SMA crossing again, maybe we'll get the same results...
On the Daily Chart I see:-
QQE Crossing down with plenty of room to move
Z MACD moving towards 0
Z Stochs curling down with plenty of room to move
Price below 5 SMA and touching Gann HiLo
Note the conjested SMA's zone. Price has fallen back into this zone, indicating to me that the whole rise last week on Wed, Thurs, Fri was artifically inflated and that price is back at it's mean level. The fall from here out of the conjested zone could be quite spectacular.
Your thoughts would be appreciated.
any chance you could post links to the ZL Stoch and MACD, I am currently using the default stoch and MACD and would like to try the ZL versions. Also, if you're feelling generous, I'd like to have a play about with your template.
Cheers.
- #87,376
- Jun 2, 2008 5:29pm Jun 2, 2008 5:29pm
i am really looking for something that works. i fought with EU all night, only to get it to move when i was at work. had i not had to work, i would have made my quota with that as well.
i work in construction and i think many companies will go bankrupt. the company i work for has a lot of overhead and they are not the cheapest people on the block....not a good combination for the times we are entering.
maybe things will turn around, but for now, i will be up 20/7 to make sure i have it down what i need to do as a worst case scenario...and as a best case scenario, they don't go bankrupt, but i am able to leave them anyway.
after trading forex i see no reason to go back into a starting a labor business of my own again......
- #87,378
- Jun 2, 2008 5:41pm Jun 2, 2008 5:41pm
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
My 4h is pointing to a short term reversal......not confirmed yet though..
- #87,380
- Jun 2, 2008 6:20pm Jun 2, 2008 6:20pm
If you go to the attachments box at the top right of this screen, scroll down to May 12/14ish you'll see the Zero Stochs Mt indicator. You'll need to keep scrolling down and find QQE Alert and Zero lag MACD. If someone has these to hand maybe they could post the links for you directly....Anyone?
I'll find the link for the MA template later and post it tomorrow for you.
