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

  • #123,301
  • Oct 17, 2008 2:43am Oct 17, 2008 2:43am
Quoting PipBuLL007
my fault 60 pips.. i wonder do the big dogs just get bored and decide they want buy or sell on impulse??
I think they follow the advice in your signature.
  • #123,302
  • Oct 17, 2008 2:46am Oct 17, 2008 2:46am
lol

Quoting Pips_Cruiser
I think they follow the advice in your signature.
  • #123,303
  • Oct 17, 2008 2:50am Oct 17, 2008 2:50am
why did i exit my shorts earlier hmmmmmm
  • #123,304
  • Oct 17, 2008 3:02am Oct 17, 2008 3:02am
Out at DP....

Took a while but those pills paid off...thanks again
  • #123,305
  • Oct 17, 2008 3:04am Oct 17, 2008 3:04am
Quoting kongsar168
hope gj will be bull before us market open
i buy at 1.76 tp at 1.78


bull is against the major trend and high risk. should only be a trade with
tight SL.

I think we may count last 4 h candle bearish hanging man as confirmned now, with current 4 h candle. I doubt (backed up by daily shooting star, and abandoned baybe from ten year treasury note) that current candle will close bullish.

Look at development of other yen crosses.

First 4 h candle after hanging man is with less pips, as next (coming) 4 hour candle. Third candle has most pips from my observation.

This day is for the bears
  • #123,306
  • Oct 17, 2008 3:05am Oct 17, 2008 3:05am
Quoting PipBuLL007
wow did yall see that 50 pip drop in 5 seconds...

from candlestick point of view, this is just the beginning.

I have no chart, but I guess we have a 4 h close below gann line ?
  • #123,307
  • Oct 17, 2008 3:18am Oct 17, 2008 3:18am
Quoting cancunkev
Out at DP....

Took a while but those pills paid off...thanks again
No prob. Let's see if heads upwards now.
  • #123,308
  • Oct 17, 2008 3:37am Oct 17, 2008 3:37am
Quoting peaches
from candlestick point of view, this is just the beginning.

I have no chart, but I guess we have a 4 h close below gann line ?
NO, we are well above Gann which is @ ~173. Price just went down to 174.09 and now back up to 175 on my chart. Also given that UJ closed with a bullish looking daily candle yesterday and stocks are expected to be bullish today, I'd be careful with shorts right here.

PS: Peaches, I really appreciate your postings of candle chart analysis! Earlier this week I made 300 pips from longing USD/CAD following your pointing out of the bullish continuation pattern on the daily chart! Don't get me wrong I am not about blindly trading others' signals, but so far I only really traded PBs on daily charts and wasn't fully aware of this pattern.
Consistency and patience is everything
  • #123,309
  • Oct 17, 2008 3:49am Oct 17, 2008 3:49am
Good morning

We are still in acceleration channel(green) so bulls shouldnt have to woried about.

Possible targets are 180 next 190
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  • #123,310
  • Oct 17, 2008 3:53am Oct 17, 2008 3:53am
Quoting peaches
from candlestick point of view, this is just the beginning.

I have no chart, but I guess we have a 4 h close below gann line ?

Exit my Short for 100 pip Gains, and now in a Long, my Entry was 174.75
  • #123,311
  • Oct 17, 2008 4:19am Oct 17, 2008 4:19am
Quoting Serendipity
Forexlion

do you see a bullish ride to 193 area? (H4 H/S)

thanks

Serendipity
No

I am optimistic about 166, I am shorting all rallies.
  • #123,312
  • Oct 17, 2008 4:23am Oct 17, 2008 4:23am
yesterday was a bullshy day to trade

anyways we are still in a bear flag.

edit- looks lilke its breaking downwards, if it is a real breakout then 166 back on the table.
Trade what you see, not what you think.
  • #123,313
  • Oct 17, 2008 4:31am Oct 17, 2008 4:31am
long 17430 SL 50 pips
  • #123,314
  • Oct 17, 2008 4:33am Oct 17, 2008 4:33am
looks like the lower TL of ascending channel giving up...bears are pushing hard at at this moment; but there's a lot of resistance if we get down there below 174, 173.80-173.50..;
Attached Image (click to enlarge)
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"Everybody needs money. That's why they call it money" - Danny De Vito
  • #123,315
  • Oct 17, 2008 4:34am Oct 17, 2008 4:34am
Quoting 5ysfx
long 17430 SL 50 pips

Why
  • #123,316
  • Oct 17, 2008 4:36am Oct 17, 2008 4:36am
Quoting karmostaji
yesterday was a bullshy day to trade

anyways we are still in a bear flag.

edit- looks lilke its breaking downwards, if it is a real breakout then 166 back on the table.
we have to break monthly fibo level 76.4.

have failed yesterday (lost money), give it a try today
  • #123,317
  • Oct 17, 2008 4:38am Oct 17, 2008 4:38am
Long again at 174.24 with tight stop bottom of rising channel...
Price does what price wants , I just need to be prepared.
  • #123,318
  • Oct 17, 2008 4:41am Oct 17, 2008 4:41am
Quoting janela
Why
30 min momentum and LTL of acending channel

accurate entry based on 30 seconds chart
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  • #123,319
  • Oct 17, 2008 4:45am Oct 17, 2008 4:45am
You mean 30 min...




Quoting 5ysfx
30 min momentum and LTL of acending channel

accurate entry based on 30 seconds chart
[
  • #123,320
  • Oct 17, 2008 4:47am Oct 17, 2008 4:47am
Quoting PJkiller
Long again at 174.24 with tight stop bottom of rising channel...
ADDING CHART
Attached Image (click to enlarge)
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Price does what price wants , I just need to be prepared.
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