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

  • #122,881
  • Oct 16, 2008 2:04am Oct 16, 2008 2:04am
Quoting Obaidah
good morning bro
hey there. how's trading?
  • #122,882
  • Oct 16, 2008 2:07am Oct 16, 2008 2:07am
Quoting lilmoe
hey there. how's trading?
going well bro, thank you for asking
I recommend you read something else as this sentence is now concluded.
  • #122,883
  • Oct 16, 2008 2:11am Oct 16, 2008 2:11am
Quoting Obaidah
does anybody have a good source to learn chart patterns?
think you should ask Peaches
  • #122,884
  • Oct 16, 2008 2:15am Oct 16, 2008 2:15am
Quoting TraderStar
what is a no candle?

I meant that intervention is occuring on UJ and its being propped up above 100 so not one candle will close below this level

I'll stop ranting and raving about it.
  • #122,885
  • Oct 16, 2008 2:27am Oct 16, 2008 2:27am
sure is quiet, i'll be back when there's more action.
  • #122,886
  • Oct 16, 2008 2:27am Oct 16, 2008 2:27am
Quoting lilmoe
hello everyone.

i'm waiting for 1h 50ema to short again. we might get a chance of reaching 175.50 though. i'll keep an eye.
how are you doin bro
Imanuel Parsifal
  • #122,887
  • Oct 16, 2008 2:29am Oct 16, 2008 2:29am
Quoting Obaidah
does anybody have a good source to learn chart patterns?
please read:

http://www.forexfactory.com/showpost...postcount=1146
  • #122,888
  • Oct 16, 2008 2:30am Oct 16, 2008 2:30am
Quoting 5ysfx
agree breakout to downside is more likely
I will be cautious and will short when i see big momentum
For now i see 175 maybe

this beast is good for a 1000 pip drop. If daily target is 166, it may reach 176 before. everything is possible.

I try to sell the tops.
  • #122,889
  • Oct 16, 2008 2:32am Oct 16, 2008 2:32am
I wait for this pattern on 4 h chart:

http://www.candlesticker.com/Cs89.asp
  • #122,890
  • Oct 16, 2008 2:33am Oct 16, 2008 2:33am
Quoting lilmoe
hello everyone.

i'm waiting for 1h 50ema to short again. we might get a chance of reaching 175.50 though. i'll keep an eye.
I agree, 1h is just setting itself up for another drop once QQE crosses back down, 50ema is a good place to short.
Trade what you see, not what you think.
  • #122,891
  • Oct 16, 2008 2:37am Oct 16, 2008 2:37am
http://www.candlesticker.com/images/89FIG.gif

BEARISH FALLING THREE METHODS
Type: Continuation
Relevance: Bearish
Prior Trend: Bearish
Reliability: High
Confirmation: Suggested
No. of Sticks: 5

posible pattern on GJ H4
  • #122,892
  • Oct 16, 2008 2:46am Oct 16, 2008 2:46am
Quoting karmostaji
I agree, 1h is just setting itself up for another drop once QQE crosses back down, 50ema is a good place to short.
i see a broken ascending triangle on the 15m chart. i'll wait for the next 15m candle for confirmation to go short.
  • #122,893
  • Oct 16, 2008 2:49am Oct 16, 2008 2:49am
Quoting lilmoe
i see a broken ascending triangle on the 15m chart. i'll wait for the next 15m candle for confirmation to go short.
I see, i'm short from .60
Trade what you see, not what you think.
  • #122,894
  • Oct 16, 2008 2:50am Oct 16, 2008 2:50am
Quoting sycho
how are you doin bro
i'm good bro. good as new after a good sleep
  • #122,895
  • Oct 16, 2008 2:51am Oct 16, 2008 2:51am
Quoting karmostaji
I agree, 1h is just setting itself up for another drop once QQE crosses back down, 50ema is a good place to short.
cant wait for the new currency amero...somebody save me
Imanuel Parsifal
  • #122,896
  • Oct 16, 2008 2:52am Oct 16, 2008 2:52am
Quoting lilmoe
i see a broken ascending triangle on the 15m chart. i'll wait for the next 15m candle for confirmation to go short.
Also broken bear flag
  • #122,897
  • Oct 16, 2008 2:56am Oct 16, 2008 2:56am
Quoting lilmoe
i'm good bro. good as new after a good sleep
good bro bye 4 now
Imanuel Parsifal
  • #122,898
  • Oct 16, 2008 3:00am Oct 16, 2008 3:00am
Quoting karmostaji
I see, i'm short from .60
I thought you were waiting for the 1h 50 ema ??
  • #122,899
  • Oct 16, 2008 3:03am Oct 16, 2008 3:03am
Quoting TraderStar
I thought you were waiting for the 1h 50 ema ??
you've got to be flexible when trading coz things change quickly and you've got to adapt.

as lilmoe said broken ascending triangle and 15m QQE indicating bearish, so I went ahead with a short.

stop is in place just in case and target is 166.
Trade what you see, not what you think.
  • #122,900
  • Oct 16, 2008 3:07am Oct 16, 2008 3:07am
Quoting karmostaji
you've got to be flexible when trading coz things change quickly and you've got to adapt.

as lilmoe said broken ascending triangle and 15m QQE indicating bearish, so I went ahead with a short.

stop is in place just in case and target is 166.
Hmm .. I just closed my short (+110) because everyone seemed to be talking about a retracement.
I'll just observe for awhile now. Plenty of time to join in if she really is ready to re-visit 166.
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