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

  • #107,161
  • Aug 14, 2008 10:18am Aug 14, 2008 10:18am
Quoting lilmoe
waiting for USD/CAD to breach that bullish flag (who's upper TL is in confluence with 4h gann) to go long
long???????????? let me see
  • #107,162
  • Aug 14, 2008 10:20am Aug 14, 2008 10:20am
hi

we must to crack 205.90 ... to continue up
  • #107,163
  • Aug 14, 2008 10:22am Aug 14, 2008 10:22am
Quoting deboooo2005
hi

we must to crack 205.90 ... to continue up
I'm with you bro
  • #107,164
  • Aug 14, 2008 10:25am Aug 14, 2008 10:25am
Quoting kinzu
I'm with you bro
not thinking about longing her. looking for areas to add mo shorts.
  • #107,165
  • Aug 14, 2008 10:27am Aug 14, 2008 10:27am
Quoting pkimnyc
not thinking about longing her. looking for areas to add mo shorts.
same goes here
  • #107,166
  • Aug 14, 2008 10:27am Aug 14, 2008 10:27am
Quoting pkimnyc
not thinking about longing her. looking for areas to add mo shorts.



even if we make a 50% or above retracement, i AINT longing her neither!!!
  • #107,167
  • Aug 14, 2008 10:28am Aug 14, 2008 10:28am
Quoting pkimnyc
not thinking about longing her. looking for areas to add mo shorts.
selling all rallies sounds like a good idea
  • #107,168
  • Aug 14, 2008 10:30am Aug 14, 2008 10:30am
Quoting pkimnyc
not thinking about longing her. looking for areas to add mo shorts.

Me too, I will not long this pair ...try to find right time and right position to short. Weekly bearish mode.
  • #107,169
  • Aug 14, 2008 10:33am Aug 14, 2008 10:33am
Quoting lilmoe



even if we make a 50% or above retracement, i AINT longing her neither!!!
me neither.
  • #107,170
  • Aug 14, 2008 10:34am Aug 14, 2008 10:34am
Quoting PandoraBox
Me too, I will not long this pair ...try to find right time and right position to short. Weekly bearish mode.
  • #107,171
  • Aug 14, 2008 10:34am Aug 14, 2008 10:34am
Guess I'm in the minority. Going long at 205.15

B
  • #107,172
  • Aug 14, 2008 10:38am Aug 14, 2008 10:38am
Quoting bigcoupe
Guess I'm in the minority. Going long at 205.15

B
yep ok for intraday moves as i do not think this is going to continue down until it has hit 206.80 at least...so u got maybe 100 pips profit to make...baby

however if you are looking more long term then waiting to short is best option...
  • #107,173
  • Aug 14, 2008 10:39am Aug 14, 2008 10:39am
Quoting kinzu
long???????????? let me see

waiting on breach of AUD/USD bear flag to go short!
  • #107,174
  • Aug 14, 2008 10:41am Aug 14, 2008 10:41am
Dear GodfreyH

The Keltner's channel ATR Bands indicator.

I used to use Bollinger Bands 100 (without it's median line) on H1 chart beside this indicator. When Price breaches the upper band of both indicators, it is a sign of being OB and a reversal will be due. Vice versa for OS condition.

Attached File(s)
File Type: mq4 Keltner_ATR_Band_mt4.mq4   4 KB | 350 downloads
Discipline + Patience - Fear - Greed = Success
  • #107,175
  • Aug 14, 2008 10:42am Aug 14, 2008 10:42am
Quoting lilmoe
waiting on breach of AUD/USD bear flag to go short!
me with you ... watching it closely too

Price below H1 gann and QQE crossed down but as you said waiting for the trend line to break then go short
Discipline + Patience - Fear - Greed = Success
  • #107,176
  • Aug 14, 2008 10:44am Aug 14, 2008 10:44am
Quoting arezab
Dear GodfreyH

The Keltner's channel ATR Bands indicator.

I used to use Bollinger Bands 100 (without it's median line) on H1 chart beside this indicator. When Price breaches the upper band of both indicators, it is a sign of being OB and a reversal will be due. Vice versa for OS condition.

Thanks, I'll install it now, it looks very useful.
  • #107,177
  • Aug 14, 2008 10:45am Aug 14, 2008 10:45am
Price got rejected at the 4hr gann twice. Now, I'm just waiting for a close below 1hr gann to execute the trade targeting yesterdays lows.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4hr_gann.gif Size: 14 KB
Click to Enlarge Name: 1hr_gann.gif Size: 11 KB
  • #107,178
  • Aug 14, 2008 10:47am Aug 14, 2008 10:47am
with GJ I think we will hit at least %38.2 (206.90) before down.
Discipline + Patience - Fear - Greed = Success
  • #107,179
  • Aug 14, 2008 10:51am Aug 14, 2008 10:51am
if we dont get a weekly close below this upper TL the move down is going to be a bit slow and long term...

HOWEVER, i believe if we DO get a weekly close below that TL the move down is going to be MASSIVE and EXPLOSIVE.

Attached Image (click to enlarge)
Click to Enlarge Name: gj_weekly.gif Size: 11 KB
  • #107,180
  • Aug 14, 2008 10:54am Aug 14, 2008 10:54am
Quoting lilmoe
if we dont get a weekly close below this upper TL the move down is going to be a bit slow and long term...

HOWEVER, i believe if we DO get a weekly close below that TL the move down is going to be MASSIVE and EXPLOSIVE.

Attachment
This is wave 5 ... It will definitely be massive if not explosive.
Discipline + Patience - Fear - Greed = Success
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