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

  • #106,501
  • Aug 12, 2008 12:09am Aug 12, 2008 12:09am
Quoting MykeFX
Well, if it breaks 209.75 I am going to short... anyone else?
seriously considering it
  • #106,502
  • Aug 12, 2008 12:11am Aug 12, 2008 12:11am
Quoting Piters
The first one is the RIGHT one.. Watch the confirmation with breakout on NL @1.89

http://www.forexfactory.com/attachme...1&d=1218498697
i see falling wedge on GU, Eu, too
  • #106,503
  • Aug 12, 2008 12:31am Aug 12, 2008 12:31am
Quoting rogerdoger
seriously considering it
My bias is bullish. Unless you guys are considering support and resistance, I don't see why you are shorting.
  • #106,504
  • Aug 12, 2008 12:38am Aug 12, 2008 12:38am
Quoting Vfforexlee
My bias is bullish. Unless you guys are considering support and resistance, I don't see why you are shorting.
Tell us why you are bullish? I see a downward channel and a breaking support line... stochs heading down on multiple TF's...
  • #106,505
  • Aug 12, 2008 12:42am Aug 12, 2008 12:42am
Quoting MykeFX
Tell us why you are bullish? I see a downward channel and a breaking support line... stochs heading down on multiple TF's...
From what I'm seeing on my 4hr chart, stoch is already down so I don't know what you're talking about. I'm just seeing what I'm seeing on my chart.

BTW, I haven't placed my long trade yet. Asian closing is stretching this geppy out so it can get a new trend.
  • #106,506
  • Aug 12, 2008 12:48am Aug 12, 2008 12:48am
Quoting Vfforexlee
From what I'm seeing on my 4hr chart, stoch is already down so I don't know what you're talking about. I'm just seeing what I'm seeing on my chart.
I'm looking at weekly stoch, Crossover downwards for stoch and signal line virtually on the 80 mark
  • #106,507
  • Aug 12, 2008 12:50am Aug 12, 2008 12:50am
Weekly multi-momentum is still pointing up.
  • #106,508
  • Aug 12, 2008 12:51am Aug 12, 2008 12:51am
Quoting Piters
nothing wrong with VT for PA. I am using VT for 3Y. (can you explain??)
Yes, I love the software because its just clearly superior (richfull) and has all the indicators I needed (that no one else has built in the same software) but something is wrong with the chart plotting module.

In many cases I had found out that when you draw a trendline (speciallly diagonal lines), lets say in a weekly chart, and then you switch this graph to a 60M graph, the trendline is not shown or drawn correctly, in many cases it moves several pips (meaning more than 30) from were you drawn it. Also, the plotting module is for some reason more height weigthed, so candles are not drawn correctly.

CMS for some reason slipps too much, I have this crazy idea that they hunt for stoplosses, this slippage will kill any serious TA that consider candle shadows or even some candle formations (that in some cases are very different from other brokers).

Not to mention, the software sometimes plots spikes that never existed during market hours or even prices that are unexistent (compare to other charts in other brokers)

Price also is getting “retarded” for some reason, if you compare FXCM or IFX charts with CMS, the FXCM and IFX move first and faster, then CMS starts to move slowly, this delay does not allow you to see momentum or price fights as they are developing.

So be really carefull using VT for TA, you can easily see things that they are just not there, IMO VT its beautiful but just not accurate like the others.
The market can stay irrational, longer than you can stay solvent.
  • #106,509
  • Aug 12, 2008 12:54am Aug 12, 2008 12:54am
Quoting MykeFX
Well, if it breaks 209.75 I am going to short... anyone else?
shorting at 209.6, so far so good.
The market can stay irrational, longer than you can stay solvent.
  • #106,510
  • Aug 12, 2008 12:56am Aug 12, 2008 12:56am
209,40
  • #106,511
  • Aug 12, 2008 12:56am Aug 12, 2008 12:56am
Quoting bmvmx
shorting at 209.6, so far so good.
im short too
  • #106,512
  • Aug 12, 2008 12:59am Aug 12, 2008 12:59am
Quoting Vfforexlee
Weekly multi-momentum is still pointing up.
sry, not familiar with that indicator, whats multi-momentum?

I'm using
Stoch (15,9,5) crossover on 80
ZMACD signal line crossed over 3 weeks ago and histogram dropping towards 0
QQEA(5) about to crossover downwards on the 50 line
CCI(30) bounced off the 80 line very hard downwards 2 weeks ago
  • #106,513
  • Aug 12, 2008 12:59am Aug 12, 2008 12:59am
Quoting bmvmx
shorting at 209.6, so far so good.
so far so good for my long at 209.35.

Have not longed yet.
  • #106,514
  • Aug 12, 2008 1:01am Aug 12, 2008 1:01am
Quoting Eulogy
sry, not familiar with that indicator, whats multi-momentum?

I'm using
Stoch (15,9,5) crossover on 80
ZMACD signal line crossed over 3 weeks ago and histogram dropping towards 0
QQEA(5) about to crossover downwards on the 50 line
CCI(30) bounced off the 80 line very hard downwards 2 weeks ago
Here you go!
Attached File(s)
File Type: mq4 Momentum-Multi.mq4   3 KB | 438 downloads
  • #106,515
  • Aug 12, 2008 1:01am Aug 12, 2008 1:01am
I'll admit however i'm a little apprehensive that UJ hasn't so much as twitched
  • #106,516
  • Aug 12, 2008 1:04am Aug 12, 2008 1:04am
mornin all

hope you all making those pips..baby

my bais still the same from strt of month - bearish to 204..baby
  • #106,517
  • Aug 12, 2008 1:10am Aug 12, 2008 1:10am
Quoting Vfforexlee
Here you go!
Whats your default parameter for this?
  • #106,518
  • Aug 12, 2008 1:11am Aug 12, 2008 1:11am
Quoting Eulogy
Whats your default parameter for this?
14, 10, 1
  • #106,519
  • Aug 12, 2008 1:12am Aug 12, 2008 1:12am
ready to bounce back up off 209 ?
  • #106,520
  • Aug 12, 2008 1:13am Aug 12, 2008 1:13am
Quoting MykeFX
ready to bounce back up off 209 ?
That's what I'm thinking...How do you know?
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