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

  • #121,881
  • Oct 13, 2008 1:06pm Oct 13, 2008 1:06pm
Quoting ak4x
And I'm Dead Serious...... the Anti K !!
  • #121,882
  • Oct 13, 2008 1:12pm Oct 13, 2008 1:12pm
closed my earlier short for 100 pips, this looks like it's setting itself up for another bull-run

4h 50ema is next resistance
Trade what you see, not what you think.
  • #121,883
  • Oct 13, 2008 1:17pm Oct 13, 2008 1:17pm
cup and handle on the 5 min.

The currency meter is still showing strong pound but price action hasnt reflected the readings today. possibly due to Holiday?
  • #121,884
  • Oct 13, 2008 1:18pm Oct 13, 2008 1:18pm
Bullish flag on the 5m chart
Trade what you see, not what you think.
  • #121,885
  • Oct 13, 2008 1:23pm Oct 13, 2008 1:23pm
Quoting karmostaji
Bullish flag on the 5m chart

this is just DEAD....
  • #121,886
  • Oct 13, 2008 1:24pm Oct 13, 2008 1:24pm
Quoting lilmoe
this is just DEAD....
guess we will need to wait for london for some more action
  • #121,887
  • Oct 13, 2008 1:29pm Oct 13, 2008 1:29pm
Quoting rogerdoger
guess we will need to wait for london for some more action
asia might do the job

all i need is for this to close below 174.50
  • #121,888
  • Oct 13, 2008 1:33pm Oct 13, 2008 1:33pm
Quoting lilmoe
this is just DEAD....

dead lol .. you way to spoiled recently

this is how gj is supposed to move ....

short it off 174.9 ... cannot go wrong for 40 pips a time. I was shorting off 175,.5 earlier now 33 sma on 5 min is resistance
Blogging daily now at www.volume.zone
  • #121,889
  • Oct 13, 2008 1:36pm Oct 13, 2008 1:36pm
Quoting lilmoe
this is just DEAD....
174.25-.50 is holding and this beast will head back up unless that support breaks
Trade what you see, not what you think.
  • #121,890
  • Oct 13, 2008 1:36pm Oct 13, 2008 1:36pm
Quoting malcolmb14
dead lol .. you way to spoiled recently

this is how gj is supposed to move ....

short it off 174.9 ... cannot go wrong for 40 pips a time. I was shorting off 175,.5 earlier now 33 sma on 5 min is resistance

dude, i'm tired of scalping, looooooool.....

and NO, that's not how GJ's supposed to move, GJ's supposed to be the king, the beast, the mighty!!!! not freagin GA
  • #121,891
  • Oct 13, 2008 1:37pm Oct 13, 2008 1:37pm
Attached Image (click to enlarge)
Click to Enlarge Name: geppy.gif Size: 21 KB
  • #121,892
  • Oct 13, 2008 1:37pm Oct 13, 2008 1:37pm
Quoting lilmoe
dude, i'm tired of scalping, looooooool.....

and NO, that's not how GJ's supposed to move, GJ's supposed to be the king, the beast, the mighty!!!! not freagin GA
this is how gj moves on a typical day .... lol....frustrating isn't it

we have got so used to the swings of 400 pips
Blogging daily now at www.volume.zone
  • #121,893
  • Oct 13, 2008 1:42pm Oct 13, 2008 1:42pm
Quoting karmostaji
174.25-.50 is holding and this beast will head back up unless that support breaks

well yea, i closed 1/2 at this level because i'm watching a triangle on 5m and 15m that might mean continuation of the bullrun, but i don't the bulls will get it that easily, we need to go down now at least back to 172... but hey, if that triangle is broken upwards, i'll go long and try my luck again with shorts at the monthly TL. now that i think about it a bit more, if we break that monthly TL upward, i DONT think GJ's going down for low retest anymore; that TL prevented price from going up 3 times in a row, and this might be the 4th test. if this monthly candle closes ABOVE that TL, then it's over, we're back to carries as so i believe.

having said that, i might be wrong.

back to my bearish bias. i'm also watching 30m and 15m TFs, i can see 50ema for both comin up.
  • #121,894
  • Oct 13, 2008 1:45pm Oct 13, 2008 1:45pm
Quoting malcolmb14
this is how gj moves on a typical day .... lol....frustrating isn't it

we have got so used to the swings of 400 pips
i guess so
  • #121,895
  • Oct 13, 2008 1:47pm Oct 13, 2008 1:47pm
the idea is not mine, it's elder's. he mentioned that this ratio (1/5 or 1/6) would be enough for "dissecting" the main timeframe and spot the right entries.
it's been working well enough for me since i started with h4/daily/weekly charts about a year and a half ago, so i thought why not go even lower and try to keep the same ratio.
how about 5min/1min/10secs?

Quoting OrionsWay
that is intresting thinking
Nihil Sine Deo.
  • #121,896
  • Oct 13, 2008 1:51pm Oct 13, 2008 1:51pm
Quoting peaches
What is a red line ?
4X is the biggest casino in the world...Open 24h Monday to Friday.
  • #121,897
  • Oct 13, 2008 1:57pm Oct 13, 2008 1:57pm
two timing at 174.85
  • #121,898
  • Oct 13, 2008 2:13pm Oct 13, 2008 2:13pm
Quoting pipsy_2
What is a red line ?
red line is tom demark support.

But IŽam flat on geppy:

1) last one hour candle was a neutral candle, not a bearish.
2) the daily candle (2 hours left on my charts), is a pretty
bullish one.
3) other yen crosses start bullish moves on lower timeframes.

Will reenter tommorrow beginning london session
  • #121,899
  • Oct 13, 2008 2:20pm Oct 13, 2008 2:20pm
what the Fuk is wrong with this stupid market ?
4X is the biggest casino in the world...Open 24h Monday to Friday.
  • #121,900
  • Oct 13, 2008 2:29pm Oct 13, 2008 2:29pm
Quoting pipsy_2
what the Fuk is wrong with this stupid market ?
its moving.

I like it
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