can someone post the QQE indicator and the gann indicator pls....
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #107,905
- Aug 20, 2008 6:50am Aug 20, 2008 6:50am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
i noticed someone was asking about e-u... well here is my view: downtrend has been broken; 5sma shows a HH swing (look at arrows), i entered long on this retracement at daily 5sma (yellow dotted line) and will keep it untill 1.54.
it may go as low as 1.4665, in which case i will add another long; my SL is below 1.4620.
how am i doing, lilmoe?
i do agree we should retrace, and a retracement may go all the way back to 1.5. i'm watching a broadening wedge on my 1h chart that is signaling a reversal, HOWEVER, there are 2 prices we need to watch if we go up, and those are 1.4920 and 1.50; price can reverse from there again targeting below 1.45.
my weekly cci is current below the -100 line signaling a REVERSE of major trend after being over the 0 and 100 lines since march of 2006, with each higher high on price matched with a lower low on CCI. now that's bearish, and that's reversal, and YOU should watch out. lol
summary:
sell rallies
- #107,906
- Aug 20, 2008 6:57am Aug 20, 2008 6:57am
i'm sure u know what u're doing bro
i do agree we should retrace, and a retracement may go all the way back to 1.5. i'm watching a broadening wedge on my 1h chart that is signaling a reversal, HOWEVER, there are 2 prices we need to watch if we go up, and those are 1.4920 and 1.50; price can reverse from there again targeting below 1.45.
my weekly cci is current below the -100 line signaling a REVERSE of major trend after being over the 0 and 100 lines since march of 2006, with each higher high on price matched with a lower low on CCI. now that's bearish, and that's reversal, and YOU should watch out. lol
summary:
sell rallies
since you're expecting a retrace of EU up to 1.4920/1.5 this could mean a weakening of the $ hence UJ could go up to 111 before falling, don't you agree?
Thanks!
- #107,908
- Aug 20, 2008 7:15am Aug 20, 2008 7:15am
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
- #107,909
- Aug 20, 2008 7:25am Aug 20, 2008 7:25am
follow the chart bro.....
the profit should more than enough to cover the triple swap....
the chart told me to go long.. I go long on support.. profit will be there plus triple swap lol.. hopefully
- #107,910
- Aug 20, 2008 7:32am Aug 20, 2008 7:32am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #107,911
- Aug 20, 2008 7:36am Aug 20, 2008 7:36am
- Joined Jan 2007 | Status: Trader | 3,719 Posts
Nihil Sine Deo.
- #107,912
- Aug 20, 2008 7:42am Aug 20, 2008 7:42am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
- #107,913
- Aug 20, 2008 7:46am Aug 20, 2008 7:46am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #107,914
- Aug 20, 2008 7:55am Aug 20, 2008 7:55am
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
Patience + Humility + Study = Success
- #107,917
- Aug 20, 2008 8:22am Aug 20, 2008 8:22am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #107,918
- Aug 20, 2008 8:37am Aug 20, 2008 8:37am
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
so is she awake yet?...
oh baby...207.80 here we come?....
oh baby...207.80 here we come?....
- #107,919
- Aug 20, 2008 8:41am Aug 20, 2008 8:41am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
I think you won't see that DIVE for now ... don't underestimate UJ
