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

  • #88,321
  • Jun 4, 2008 1:56am Jun 4, 2008 1:56am
Quoting Evilgoat
hmmm you think it's going to go up?
It could, when 15 min chart bottoms out, it will go up a bit but I will be selling all rallies. . .
But overall the trend is down. . .
Attached Image (click to enlarge)
Click to Enlarge Name: 15min chart2.gif Size: 19 KB
  • #88,322
  • Edited 2:03am Jun 4, 2008 1:56am | Edited 2:03am
Here's the last 24 hours on my 15min chart.

Yesterday, there was an early drop down the gann channel into LO then a big rally up - with a nice little pull back first to allow a clear buy - on into the DZ of the complete drop from Fridays high for another sell.

The start of the fall down the gann line only just got into the narrower DZ before stalling throughout the Asian Session.

Now we have another fall started down the new gann channel and its entered my latest Decision Zone based on yesterdays move - will it decide to continue down OR will it bounce up once again? - TWT - but I'm ready to close my shorts IF it cant break todays pivot at 205.65 and re-evaluate....
Attached Image (click to enlarge)
Click to Enlarge Name: jne 4 gj 15m 0630.gif Size: 23 KB
Trading Levels with WRBs
  • #88,323
  • Jun 4, 2008 1:56am Jun 4, 2008 1:56am
Quoting bpatto
No but I do trade EURAUD, almost exact channel. I have been selling every time price goes near the top of the channel and holding all my shorts for excellent swap.

Good to see someone else trading some of the exotic crosses.
Worry about this?
Attached Image
  • #88,324
  • Jun 4, 2008 2:00am Jun 4, 2008 2:00am
i guess down it is than
  • #88,325
  • Jun 4, 2008 2:01am Jun 4, 2008 2:01am
Quoting Islander
Here's the last 24 hours on my 15min chart.

Yesterday, there was an early drop down the gann channel into LO then a big rally up - with a nice little pull back first to allow a clear buy - on into the DZ of the complete drop from Fridays high for another sell.

The start of the fall down the gann line only just got into the narrower DZ before stalling throughout the Asian Session.

Now we have another fall started down the new gann channel and its entered my Decision Zone - will it decide to continue down OR will it bounce up once again? - TWT - but I'm ready to close my shorts IF it cant break todays pivot at 205.65 and re-evaluate....
I have daily pivot @ 205.81. . .
  • #88,326
  • Jun 4, 2008 2:02am Jun 4, 2008 2:02am
Quoting quecee5
A break of 205.80 see 204.50 1st target. . .
If not say hello to 207.60 area. . .
Hi guys,

Bin hiding in d background,just reading everyones posts,nice one QUe,

Using AUS Daily MOMs daily 5sma LOW was 205.85
  • #88,327
  • Jun 4, 2008 2:03am Jun 4, 2008 2:03am
Congrats to all shorts who waited patiently for the fall, looks like we have a lot of room for this fall to materialize. . . =
  • #88,328
  • Jun 4, 2008 2:04am Jun 4, 2008 2:04am
Quoting ephisi
Hi guys,

Bin hiding in d background,just reading everyones posts,nice one QUe,

Using AUS Daily MOMs daily 5sma LOW was 205.85
GM bro =
Shorts looking "real green" this morning. . .
  • #88,329
  • Jun 4, 2008 2:05am Jun 4, 2008 2:05am
Time to set S/L to break even and T/P to 204.25 Hope it hits TP while I sleep london
Craazy
  • #88,330
  • Jun 4, 2008 2:06am Jun 4, 2008 2:06am
Quoting quecee5
I have daily pivot @ 205.81. . .
that means that we have different EOD times - mine is based on 00:00 GMT....
Trading Levels with WRBs
  • #88,331
  • Jun 4, 2008 2:06am Jun 4, 2008 2:06am
Quoting quecee5
Congrats to all shorts who waited patiently for the fall, looks like we have a lot of room for this fall to materialize. . . =

mmmmm i love green pips
  • #88,332
  • Jun 4, 2008 2:06am Jun 4, 2008 2:06am
good morning from Tehran
hi bear camp
  • #88,333
  • Jun 4, 2008 2:07am Jun 4, 2008 2:07am
watch out for daily Gann at 205
  • #88,334
  • Jun 4, 2008 2:09am Jun 4, 2008 2:09am
Quoting Islander
that means that we have different EOD times - mine is based on 00:00 GMT....
  • #88,335
  • Jun 4, 2008 2:13am Jun 4, 2008 2:13am
Quoting quecee5
Congrats to all shorts who waited patiently for the fall, looks like we have a lot of room for this fall to materialize. . . =
Thank you, thank you, thank you
  • #88,336
  • Jun 4, 2008 2:13am Jun 4, 2008 2:13am
new 8hr candle and momentoms
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  • #88,337
  • Jun 4, 2008 2:13am Jun 4, 2008 2:13am
Quoting quecee5
A break of 205.80 see 204.50 1st target. . .
If not say hello to 207.60 area. . .

i still believe we will have lower highs, i'm not sure about 207.60
  • #88,338
  • Jun 4, 2008 2:13am Jun 4, 2008 2:13am
  • #88,339
  • Jun 4, 2008 2:14am Jun 4, 2008 2:14am
Quoting Islander
that means that we have different EOD times - mine is based on 00:00 GMT....
I'm trying 2100 GMT as well to see which seems better. Perhaps keep both on charts?
  • #88,340
  • Jun 4, 2008 2:15am Jun 4, 2008 2:15am
Quoting Piters
Thank you, thank you, thank you
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