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

  • #106,761
  • Aug 13, 2008 12:56am Aug 13, 2008 12:56am
Quoting ns_karthik77
bullish pin bar on my 4H !!
huh...so much for the bullishness...it lasted all of 5 mins...!!
  • #106,762
  • Aug 13, 2008 12:56am Aug 13, 2008 12:56am
Quoting ns_karthik77
bullish pin bar on my 4H !!
I noticed that. It needs to close above 206.18 in 4 minutes to be valid. Not looking good @ 205.53
  • #106,763
  • Aug 13, 2008 12:58am Aug 13, 2008 12:58am
shorts need to wait till the pin bar is broken...bottom of the pin bar is at 205.22 in my feed...
  • #106,764
  • Aug 13, 2008 12:58am Aug 13, 2008 12:58am
Quoting NuckingFuts
I noticed that. It needs to close above 206.18 in 4 minutes to be valid. Not looking good @ 205.53
in my feed, the 4H closed as a pin bar about an hr ago...!!
  • #106,765
  • Aug 13, 2008 1:03am Aug 13, 2008 1:03am
Quoting NuckingFuts
I noticed that. It needs to close above 206.18 in 4 minutes to be valid. Not looking good @ 205.53

well, i guess it would have finished as a PB in ur feed as well now !! my goodness...
  • #106,766
  • Aug 13, 2008 1:05am Aug 13, 2008 1:05am
did i just see a 75 pip 30 sec fakeout? God that was quick
  • #106,767
  • Aug 13, 2008 1:07am Aug 13, 2008 1:07am
Quoting ns_karthik77
well, i guess it would have finished as a PB in ur feed as well now !! my goodness...
LOL, yes that was a quick pull back.

Closed at 206.21.

206.77 is the top of the bar on mine.
  • #106,768
  • Aug 13, 2008 1:09am Aug 13, 2008 1:09am
mornin folks...hope you making those pips...baby

Still bearish...for intra day traders possible entry @ 208 ish...
  • #106,769
  • Aug 13, 2008 1:09am Aug 13, 2008 1:09am
Quoting Eulogy
did i just see a 75 pip 30 sec fakeout? God that was quick
I had just shorted at 206.10 and barely had time to get 30 pips before it shot back up.
History is written by the victors.
  • #106,770
  • Aug 13, 2008 1:19am Aug 13, 2008 1:19am
ok, after getting stopped out a couple of times on cable longs, i think this is it. we have reached the bottom for cable short/mid term. 161.8 extension, lots of dojis/rejection, and CCI TL broken.

this time i'm going to wait for my system's confirmation; a close above DP and i'm LONG.

targets are: 1.9200 and 1.9350.

Attached Image (click to enlarge)
Click to Enlarge Name: cable_4h.gif Size: 21 KB
  • #106,771
  • Aug 13, 2008 1:20am Aug 13, 2008 1:20am
Quoting lilmoe
what's a 150 pip bounce in a 800+ bear? no reversal yet, but i would ask everyone to proceed in caution.

261.8 extention and upper weekly TL in the way which was (as predicted) at 205-205.50 we might be having some bullish divergence here confirmed with a pin bar.

my internet connection STOPPED on me so i had to drive to the office like a rocket, too bad i missed that bounce


my ISP is getting it when i get the time...

Attachment
I am a hit and run kind of guy ...... hate to have positions open when i sleep , better to go in on 4 pairs with good trade set ups and get 4x 100 than hold on to 1 pair fir 400 pips over a few days .... but that is just my style

tonights trade gbpaud long and short , gbpjpy short then long
hope no one caught in that spike , eurjpy short and gbpchf short 9 dsid not trade bounce)
Blogging daily now at www.volume.zone
  • #106,772
  • Aug 13, 2008 1:20am Aug 13, 2008 1:20am
Hello all. Has piters been around lately? This man told me via skype last week that there will be a big sell off when the olympics start. dam this man is good. when he talks we should listen. well i do anyway. well done piters.

next time i will put my house on it but seriously, i have missed this big sell off and i am spewing. whaiting for some sort of retrace but as lilmoe once said, this beast does not retrace sometimes she just goes. well hope you all made something. cheers.
  • #106,773
  • Aug 13, 2008 1:24am Aug 13, 2008 1:24am
Quoting ns_karthik77
shorts need to wait till the pin bar is broken...bottom of the pin bar is at 205.22 in my feed...
as for me, i'd add more shorts of a m30 candle closes below 205.80
  • #106,774
  • Aug 13, 2008 1:29am Aug 13, 2008 1:29am
Quoting lilmoe
as for me, i'd add more shorts of a m30 candle closes below 205.80
Hi Lilmoe, do you still use your 50 ema system? and is there anything added to it whith in the last couple of weeks. i noticed its not on your signiture anymore. cheers
  • #106,775
  • Aug 13, 2008 1:31am Aug 13, 2008 1:31am
Quoting lilmoe
as for me, i'd add more shorts of a m30 candle closes below 205.80

so its my pin bar against ur m30 candle...:-))...
  • #106,776
  • Aug 13, 2008 1:35am Aug 13, 2008 1:35am
Quoting Macedonia
Hi Lilmoe, do you still use your 50 ema system? and is there anything added to it whith in the last couple of weeks. i noticed its not on your signiture anymore. cheers
yep, still using it
  • #106,777
  • Aug 13, 2008 1:35am Aug 13, 2008 1:35am
Quoting ns_karthik77
so its my pin bar against ur m30 candle...:-))...
bring it on
  • #106,778
  • Aug 13, 2008 1:42am Aug 13, 2008 1:42am
hmm, it looks like shorts are not done yet, so be careful
Trade what you see, not what you think.
  • #106,779
  • Aug 13, 2008 1:48am Aug 13, 2008 1:48am
Quoting ns_karthik77
so its my pin bar against ur m30 candle...:-))...
Just wandering how valid this 4h pin bar is. all that might have hapen is that traders took there profits off the table pryor to close of that 4h candle and re asses the situation. once they come down from there high i think comon sence will tell them that its crazy to long during this time and there for would look at entering shorts again. i know PA and candle formation is inportant but on this ocation, comon sence rules.
  • #106,780
  • Aug 13, 2008 1:49am Aug 13, 2008 1:49am
Quoting karmostaji
hmm, it looks like shorts are not done yet, so be careful

did u chose the color yet?
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