just as i suspected, dollar selling day
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #92,142
- Jun 11, 2008 2:08am Jun 11, 2008 2:08am
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
Fibs are what I have but all my discipline into and so thats how I trade. Scotty B
FUBAR...
- #92,144
- Jun 11, 2008 2:29am Jun 11, 2008 2:29am
Reason I ask, is cuz that 8.57 low was a perfect bounce off my DP marked at 56. I rounded it down to that when I put the line in. I had that as target on a 160 pip short that hit perfectly. It was a thing of beauty.
In other words I was hoping and expecting it to do just that, so do you find those levels you see as pretty strict or is there a fudge factor? I really respect your analysis, and if you're gonna be bothered about this, that means it's gonna bother me too. And here I was all happy until now...
- #92,145
- Jun 11, 2008 2:36am Jun 11, 2008 2:36am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Reason I ask, is cuz that 8.57 low was a perfect bounce off my DP marked at 56. I rounded it down to that when I put the line in. I had that as target on a 160 pip short that hit perfectly. It was a thing of beauty.
In other words I was hoping and expecting it to do just that, so do you find those levels you see as pretty strict or is there a fudge factor? I really respect your analysis, and if you're gonna be bothered about this, that means it's gonna bother me too. And here I was all happy until now...
Hi AK - here's my 15m chart with both my pivots and the fibo of the last pull back.
Its interesting to see that the both the Objective pivots - i.e. levels generated by ACTUAL price action - and my Subjective fibs - i.e. a tool that I place according to my best judgement - both came up with their important levels ( the 50% and the DP ) so close together - and price reacted from that area.
Now we have a lower high with falling momentum - looking like a sell.....
Trading Levels with WRBs
- #92,147
- Jun 11, 2008 3:00am Jun 11, 2008 3:00am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
new daily candle opened with bearish mom.
new 4h very bearish. qqe up
h1 mom pointing up, qqe up
this should at least hit my second TP t 210.20
my new TP is at 210.65
goodmorning, man i just woke up...
second TP hit of course, 3rd TP missed by 3 pips
that's my "light"
- #92,148
- Jun 11, 2008 3:07am Jun 11, 2008 3:07am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
goodmorning, man i just woke up...
second TP hit of course, 3rd TP missed by 3 pips
that's my "light"
i will short as soon as an m30 candle closes below DP at 209.77, otherwise i'm still long.
- #92,150
- Jun 11, 2008 3:16am Jun 11, 2008 3:16am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
goodmorning, man i just woke up...
second TP hit of course, 3rd TP missed by 3 pips
that's my "light"
- #92,151
- Jun 11, 2008 3:26am Jun 11, 2008 3:26am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #92,153
- Jun 11, 2008 3:37am Jun 11, 2008 3:37am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
Good morning, UJ looks bearish, but i dont know, im already short EJ
yep, GJ also has a bearish reversal pattern. but i'd like to be more sure, so i'll wait for a "light" signal
- #92,154
- Jun 11, 2008 3:38am Jun 11, 2008 3:38am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
GM, bro.. Hope you''re well. I have a cold this morning. (maybe because I am waering SHORTS all the time)
i was short yesterday, made pips.
i was long yesterday, made pips.
that's what i meant yesterday. i'll take all the pips i KNOW i can make. i don't mind losing 5-150 pips on a MASSIVE fall or rally, but i would only enter on confirmation
good luck bro !
- #92,156
- Jun 11, 2008 3:40am Jun 11, 2008 3:40am
London should reverse down and price should fall hard today
To be safe, wait for 1H QQE to cross down and a candle to form below Gann hilo
Remember, daily momentum is bearish
I kind of suspected that you knew about the news,,,
- #92,157
- Jun 11, 2008 3:41am Jun 11, 2008 3:41am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
