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

  • #122,061
  • Oct 14, 2008 2:41am Oct 14, 2008 2:41am
Quoting lilmoe
174.40

shorting at these levels is kinda risky, this might decided to reverse back up at any given time. right now, i think it's bteter to wait for a good retracement, then ride it for another rally.
Is a good retracement the DP?
  • #122,062
  • Oct 14, 2008 2:46am Oct 14, 2008 2:46am
Quoting TraderStar
Is a good retracement the DP?
not necessarily, but this time it coincides with 38.2 fibo...
  • #122,063
  • Oct 14, 2008 2:48am Oct 14, 2008 2:48am
Quoting lilmoe
not necessarily, but this time it coincides with 38.2 fibo...
then we need have a sliding sotck market to make this happen
  • #122,064
  • Oct 14, 2008 3:00am Oct 14, 2008 3:00am
Quoting lilmoe
not necessarily, but this time it coincides with 38.2 fibo...
At the moment it looks like the last thing she wants to do is go down again
  • #122,065
  • Oct 14, 2008 3:05am Oct 14, 2008 3:05am
Quoting TraderStar
At the moment it looks like the last thing she wants to do is go down again
sure,stock market is up strong.not good time for going down
  • #122,066
  • Oct 14, 2008 3:13am Oct 14, 2008 3:13am
When I saw price palling around with the 15min 50 ema and rsi was oversold, a pull back seemed likely.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 28 KB
  • #122,067
  • Oct 14, 2008 3:19am Oct 14, 2008 3:19am
Quoting GodfreyH
When I saw price palling around with the 15min 50 ema and rsi was oversold, a pull back seemed likely.
good trades
  • #122,068
  • Oct 14, 2008 3:24am Oct 14, 2008 3:24am
I`am flat, until news is over and I see a clear pattern on 4 h.

"Keep your powder dry"
  • #122,069
  • Oct 14, 2008 3:50am Oct 14, 2008 3:50am
Quoting peaches
I`am flat, until news is over and I see a clear pattern on 4 h.

"Keep your powder dry"
wowo this best up and down,really dont know where it wants go
  • #122,070
  • Oct 14, 2008 4:18am Oct 14, 2008 4:18am
  • #122,071
  • Oct 14, 2008 4:22am Oct 14, 2008 4:22am
Quoting lilmoe
  • #122,072
  • Oct 14, 2008 4:40am Oct 14, 2008 4:40am
EJ15M bull flag.may indicate GJ shall break out also.
Attached Image (click to enlarge)
Click to Enlarge Name: ej15m.gif Size: 53 KB
  • #122,073
  • Oct 14, 2008 4:47am Oct 14, 2008 4:47am
ha ha.......... why is everywhere so quiet ? someone say something ..... what is the direction up or down
  • #122,074
  • Oct 14, 2008 4:47am Oct 14, 2008 4:47am
I`am not convinced of bears, because we have seen 2 indicision dojis on the 4 h chart. I will be bearish, if the current 4 h candle closes large bearish.

I thing we will see a doji line (3 dojis on 4 h chart) until beginning of new york session. New york session might give us a bullish continuation pattern.

Lets wait and see.
  • #122,075
  • Oct 14, 2008 4:58am Oct 14, 2008 4:58am
Quoting pastorking
ha ha.......... why is everywhere so quiet ? someone say something ..... what is the direction up or down
both, scalping is my only option now...
  • #122,076
  • Oct 14, 2008 5:07am Oct 14, 2008 5:07am
hello everybody
I recommend you read something else as this sentence is now concluded.
  • #122,077
  • Oct 14, 2008 5:18am Oct 14, 2008 5:18am
Quoting Obaidah
hello everybody

  • #122,078
  • Oct 14, 2008 5:21am Oct 14, 2008 5:21am
Quoting lilmoe
I recommend you read something else as this sentence is now concluded.
  • #122,079
  • Oct 14, 2008 5:27am Oct 14, 2008 5:27am
Quoting lilmoe
both, scalping is my only option now...
me too mate ... scalping GJ and two other pairs on 5M chart for today.
Discipline + Patience - Fear - Greed = Success
  • #122,080
  • Oct 14, 2008 5:33am Oct 14, 2008 5:33am
Quoting arezab
me too mate ... scalping GJ and two other pairs on 5M chart for today.
hoho,mind if sharing your method?
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