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Auslanco 15min GBP/JPY startegy 630 replies

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

Quoting Piters
DOJI on 4H?? can you please show me where? post your chart:

here is mine:
http://doske.com/Charts/ES-38.png
It looks what we see on chart is depend on with broker we use
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Regards TomWo
Quoting tomwo
It looks what we see on chart is depend on with broker we use
YES, but you have to wait until the candle close, and then..

My candle open 1h ago, so I have to wait for next 3H, and then I can answer what kind of canle pattern is.
Quoting Piters
YES, but you have to wait until the candle close, and then..

My candle open 1h ago, so I have to wait for next 3H, and then I can answer what kind of canle pattern is.
My candle open 3h ago it seems what we see (bulish/barish pastterns) is different for 4H chart
Regards TomWo
Quoting Piters
YES, but you have to wait until the candle close, and then..

My candle open 1h ago, so I have to wait for next 3H, and then I can answer what kind of canle pattern is.
Hopefully someday Forex will standardize open / close times on the 4H timeframe and higher. It gets confusing the way it is, especially with technical traders comparing 4H charts that close 2 hours apart.

But until then, a person just has to trade what they see. IMO.

Quoting Pips_Cruiser
Hopefully someday Forex will standardize open / close times on the 4H timeframe and higher. It gets confusing the way it is, especially with technical traders comparing 4H charts that close 2 hours apart.

But until then, a person just has to trade what they see. IMO.

You are apsolutely right
On the 1H chart, we've had a 50% retrace from yesterday's low / high (chart #1), and a 38.2% retrace from the larger move up (chart #2):
Attached Images (click to enlarge)
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Quoting shiva
Its not a Doji! Its KarmostaDOJI!
salam shiva
have a good trade
Price is mostly staying below the daily pivot, and has worked its way below the 1H 200ema. But price is bouncing off the 4H Gann HiLo at the moment (at least on my charts). If it can break through that, I see price moving to the 212.40 / 212.20 area before Frankfurt / London. We have both the 50% retrace level and the 1H 100sma around there . . .
Quoting Pips_Cruiser
Price is mostly staying below the daily pivot, and has worked its way below the 1H 200ema. But price is bouncing off the 4H Gann HiLo at the moment (at least on my charts). If it can break through that, I see price moving to the 212.40 / 212.20 area before Frankfurt / London. We have both the 50% retrace level and the 1H 100sma around there . . .
Gann 4hr is at the 1hr 50% level and 1hr 100ema level. If we break through gann 4hr, we would break through both of those indicators.
Quoting malcolmb14
I was looking at eurusd and gbpusd thinking they were about ready for a 250 pip retrace each ... thanks for the confirmation

maybe after interest rates pass tomorrow.

I think 1.5400 may have been the low for eurusd
attention to forming double top on daily eurusd
I wont take GJ short now due to 3 reason.

I still waiting the price to reach the main bear channel line.
The risk reward ratio now is not suit to my taste.
I hate the swap. Pain.
Attached Image (click to enlarge)
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Quoting auslanco
Hi everyone,


http://www.forexfactory.com/images/editor/menupop.gifRetracement down to 1hr 100sma is expected
Thanks Aus
Quoting bounty
Thanks Aus
B. but where is Aus?
Work smart not hard
Quoting Piters
YEs, still Short from yesterday,, stil in from 213.40
How's the ride so far mate? Fastened your seatbelt already?

Just hit your TP1
; )
"People sometimes mistake luck with skill"
Geppy has touched the 1H SMA 100! Does anyone see this going downward more in the Asian session and London opening????
Quoting dpmode
Geppy has touched the 1H SMA 100! Does anyone see this going downward more in the Asian session and London opening????
with todays price action we now have a 1-23 sell formation

plotting fib extensions on this 212,40 is the support at 38.2 , break of here and we go to 61.8% at 211.40

I will be looking for breakdown of 212.40 tonight
Blogging daily now at www.volume.zone
I just seen at 1.9422, well what should we do? should we take positions here? or we need wait more ?
please share you ideas,
Quoting dpmode
Geppy has touched the 1H SMA 100! Does anyone see this going downward more in the Asian session and London opening????
Yes, I do
Trade what you see, not what you think.
Quoting karmostaji
Yes, I do
Me too as well. Price is too strong coming down from 4hr gap. I'm thinking this should go pretty far if 4hr gann switches.
I dont think I am taking a short till atleast we get below 50 EMA on Daily. Any comments?
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