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

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  • Post #97,521
  • Quote
  • Jun 27, 2008 9:17am Jun 27, 2008 9:17am
  •  Eulogy
  • | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
Quoting PipChick
Disliked
Cmon guys..I dont think he was basing his 3 wk analysis on his 6 min candle. Give him a break..lol
Ignored

normally i would if he had that 6 min candle analysis. what i really found strange was the fact that he didn't even try to justify his bull move forecast using TA, FA whatever. especially after he gave his 215-216 prediction.

Maybe he'd like to explain how being a scalper he can predict such a move with a 3 week TF
 
 
  • Post #97,522
  • Quote
  • Jun 27, 2008 9:18am Jun 27, 2008 9:18am
  •  PipChick
  • | Membership Revoked | Joined Sep 2007 | 4,407 Posts
Quoting rmrf
Disliked
LT TF's is not where the action IS
Ignored
In YOUR opinion, but there are hundreds of opinions here. Its always a good idea to evaluate what others say because maybe you will catch something that you missed.You meaning all of us in general.
 
 
  • Post #97,523
  • Quote
  • Jun 27, 2008 9:20am Jun 27, 2008 9:20am
  •  PipChick
  • | Membership Revoked | Joined Sep 2007 | 4,407 Posts
This is just my opinion but I think this thread needs to get back to analysis and team work and lose the "who is right or smarter" attitude.
 
 
  • Post #97,524
  • Quote
  • Jun 27, 2008 9:21am Jun 27, 2008 9:21am
  •  rmrf
  • Joined Apr 2008 | Status: 99% Trader | 597 Posts
Now the 15M basically confirms the same thing. I am not a trend trader.
I trade against the trend. I dream of 1000 pip swings. and monthly?
I have thousands of live RT trades. So I could care less about the monthly chart really.

Quoting moneymagnet
Disliked
i know you meant month not min doji (i hope) but you can have 1000 pip swing easily on the monthly and not interfer w/ direction
Ignored
 
 
  • Post #97,525
  • Quote
  • Jun 27, 2008 9:24am Jun 27, 2008 9:24am
  •  rmrf
  • Joined Apr 2008 | Status: 99% Trader | 597 Posts
That is a matter of fact. The ONLY time you CAN execute a trade is in the "present". You cannot trade in the past or the future. Even if you could travel to the past or future you would be unable to trade while in the past or future.

So lets get back to the analysis and team work then!
Sorry for the sidetrack.

Quoting PipChick
Disliked
In YOUR opinion, but there are hundreds of opinions here. Its always a good idea to evaluate what others say because maybe you will catch something that you missed.You meaning all of us in general.
Ignored
 
 
  • Post #97,526
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  • Jun 27, 2008 9:25am Jun 27, 2008 9:25am
  •  PipChick
  • | Membership Revoked | Joined Sep 2007 | 4,407 Posts
Quoting rmrf
Disliked
Now the 15M basically confirms the same thing. I am not a trend trader.
I trade against the trend. I dream of 1000 pip swings. and monthly?
I have thousands of live RT trades. So I could care less about the monthly chart really.
Ignored
Oh..and bragging really, truely brings on bad luck..lol
Analyse, share, help, and be a part of the thread but keep your actual pippage to yourself or Karma (bad karma) will snag you up. Can you tell I speak from experience?rofl
 
 
  • Post #97,527
  • Quote
  • Jun 27, 2008 9:25am Jun 27, 2008 9:25am
  •  kosh
  • | Joined Jan 2008 | Status: i love my pippy bank growing | 42 Posts
Quoting rmrf
Disliked
Now the 15M basically confirms the same thing. I am not a trend trader.
I trade against the trend. I dream of 1000 pip swings. and monthly?
I have thousands of live RT trades. So I could care less about the monthly chart really.
Ignored
I dont mean to be rude but u are the first one that i known of that use MINUTE candle to predict not hours but week later.

GL trading
 
 
  • Post #97,528
  • Quote
  • Jun 27, 2008 9:28am Jun 27, 2008 9:28am
  •  rmrf
  • Joined Apr 2008 | Status: 99% Trader | 597 Posts
I was just responding to more than one post in my post and perhaps was confusing to some.

Quoting PipChick
Disliked
Cmon guys..I dont think he was basing his 3 wk analysis on his 6 min candle. Give him a break..lol
Ignored
 
 
  • Post #97,529
  • Quote
  • Jun 27, 2008 9:33am Jun 27, 2008 9:33am
  •  moneymagnet
  • Joined Apr 2006 | Status: Member | 2,428 Posts
looks like we done for the day
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
 
 
  • Post #97,530
  • Quote
  • Jun 27, 2008 9:34am Jun 27, 2008 9:34am
  •  rmrf
  • Joined Apr 2008 | Status: 99% Trader | 597 Posts
I do NOT use the minute chart to prdict price 3 weeks later.
I spend 50+ hours a week in front of my forex charts for years
trading live accounts and can assure you I in no way shape or form suggested that I predict 3 weeks ahead from some 2 or 6 minute chart.
I was talking ABOUT ST direction and have already scalped uncounted orders for today for a profit. I do not now nor have I ever bought lots and sat on them for 3 weeks to see what the future will bring.

But by the time I buy and sell my orders for a profit, sometimes within minutes, really is NOT affected at all by some dream of some future price in 3 weeks time.

Quoting kosh
Disliked
I dont mean to be rude but u are the first one that i known of that use MINUTE candle to predict not hours but week later.

GL trading
Ignored
 
 
  • Post #97,531
  • Quote
  • Jun 27, 2008 9:35am Jun 27, 2008 9:35am
  •  moneymagnet
  • Joined Apr 2006 | Status: Member | 2,428 Posts
Quoting rmrf
Disliked
Now the 15M basically confirms the same thing. I am not a trend trader.
I trade against the trend. I dream of 1000 pip swings. and monthly?
I have thousands of live RT trades. So I could care less about the monthly chart really.
Ignored
u da man then. we are not worthy of your presence
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
 
 
  • Post #97,532
  • Quote
  • Jun 27, 2008 9:38am Jun 27, 2008 9:38am
  •  rmrf
  • Joined Apr 2008 | Status: 99% Trader | 597 Posts
I will requote what you quoted for clairty:

Originally Posted by rmrf http://www.forexfactory.com/images/buttons/viewpost.gif
Now the 15M basically confirms the same thing. I am not a trend trader.
I trade against the trend. I dream of 1000 pip swings. and monthly?
I have thousands of live RT trades. So I could care less about the monthly chart really.


No where in this post is there bragging. Because I state that I have thousands of live RT trades does not mention what percentage or an amount of pips or profits or anything along those lines.

And Tikkune may get me but it wont be for that.
My intention is not to brag and I wasn't.

Quoting PipChick
Disliked
Oh..and bragging really, truely brings on bad luck..lol
Analyse, share, help, and be a part of the thread but keep your actual pippage to yourself or Karma (bad karma) will snag you up. Can you tell I speak from experience?rofl
Ignored
 
 
  • Post #97,533
  • Quote
  • Jun 27, 2008 9:39am Jun 27, 2008 9:39am
  •  vinesh2
  • Joined Aug 2007 | Status: Member | 2,616 Posts
I see that the correlation is back between DOW and GJ
 
 
  • Post #97,534
  • Quote
  • Jun 27, 2008 9:40am Jun 27, 2008 9:40am
  •  peaches
  • Joined Oct 2007 | Status: Member | 3,461 Posts
Quoting vinesh2
Disliked
I see that the correlation is back between DOW and GJ
Ignored
yep. maybe because of dow-trendline break.

gold is UP. GBPUSD is UP, yen-crosses down.

everything is fine
 
 
  • Post #97,535
  • Quote
  • Jun 27, 2008 9:42am Jun 27, 2008 9:42am
  •  007
  • | Joined Jun 2007 | Status: "Undisciplined Trader" | 49 Posts
Here is my condition to hold gbp/jpy over the weekend for a big move is Dow Jones closed at least -2%, gbp/usd trade arround 1.9830-50 and the usd/jpy trade in the range 115.50-115.80.......
 
 
  • Post #97,536
  • Quote
  • Jun 27, 2008 9:42am Jun 27, 2008 9:42am
  •  vinesh2
  • Joined Aug 2007 | Status: Member | 2,616 Posts
We might be heading to 11300 region before any bounce I don't have chart in front of my there is good resistence in that area
 
 
  • Post #97,537
  • Quote
  • Jun 27, 2008 9:53am Jun 27, 2008 9:53am
  •  Rustyyy
  • | Joined Jun 2007 | Status: Keeping my head above the clouds | 814 Posts
Quoting vinesh2
Disliked
We might be heading to 11300 region before any bounce I don't have chart in front of my there is good resistence in that area
Ignored
This is what I have.
Monthly 100SMA at 11384
Monthly 200SMA at 11012
I expect we will see both by wed. next week.
 
 
  • Post #97,538
  • Quote
  • Jun 27, 2008 10:04am Jun 27, 2008 10:04am
  •  4x_Trader
  • Joined Dec 2006 | Status: Is the market a FRIENDLY place to U | 632 Posts
Quoting karmostaji
Disliked
LOL
Ignored
 
 
  • Post #97,539
  • Quote
  • Jun 27, 2008 10:10am Jun 27, 2008 10:10am
  •  peaches
  • Joined Oct 2007 | Status: Member | 3,461 Posts
Quoting Rustyyy
Disliked
This is what I have.
Monthly 100SMA at 11384
Monthly 200SMA at 11012
I expect we will see both by wed. next week.
Ignored
interresting, i have nearly similar targets with fibo-lines. But IŽll give it a few days more.
Attached Image (click to enlarge)
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Name: dow.gif
Size: 47 KB
 
 
  • Post #97,540
  • Quote
  • Jun 27, 2008 10:33am Jun 27, 2008 10:33am
  •  PandoraBox
  • Joined Apr 2007 | Status: Senior Principal Trader | 2,685 Posts
From the H4 chart, if the beast close above 210.50, we will see doji at H4. Another 88 minutes.

p/s: Where Lilmoe??
 
 
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