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

  • #127,521
  • Oct 28, 2008 2:04pm Oct 28, 2008 2:04pm
Quoting forexlion
To hell with this EA
http://www.forexfactory.com/showthre...58#post2309658

+650 on GJ already and i thought it was a joke.

lol .. that is awesome ...
Blogging daily now at www.volume.zone
  • #127,522
  • Oct 28, 2008 2:06pm Oct 28, 2008 2:06pm
i was untill a few hours ago. Got trapped on a UJ short. Hoping that market reacts negatively tomorrow after the rate cut.
  • #127,523
  • Oct 28, 2008 2:06pm Oct 28, 2008 2:06pm
Quoting malcolmb14
lol .. that is awesome ...
well this is what it does on strategy tester, but never got to test it in real time as yet.
Attached Image (click to enlarge)
Click to Enlarge Name: StrategyTester2.gif Size: 5 KB
  • #127,524
  • Oct 28, 2008 2:06pm Oct 28, 2008 2:06pm
Quoting karmostaji
38.2% fibo touched, easy green pips

it should retrace a bit before resuming upwards toward 50% at 159 where we have 4h 50ema

take 2 patience pills
hmmm, 38.2% fibo?? which one? where did you draw it from? and at which level should we add longs?

thanks karmoooooooooooooooooo
  • #127,525
  • Oct 28, 2008 2:07pm Oct 28, 2008 2:07pm
Quoting malcolmb14
154.35 short ... what goes up must come down

Is it too much to ask for the usual DOW selloff?
  • #127,526
  • Oct 28, 2008 2:07pm Oct 28, 2008 2:07pm
Quoting vinesh2
i was untill a few hours ago. Got trapped on a UJ short. Hoping that market reacts negatively tomorrow after the rate cut.
Don't think a lot about news, the chart will show you the way, believe in it
Trade what you see, not what you think.
  • #127,527
  • Oct 28, 2008 2:08pm Oct 28, 2008 2:08pm
Quoting alearner
Is it too much to ask for the usual DOW selloff?
that would be to easy....gj no sellers at 154 .... I took short off for now... and will watch

the top will not be that simple
Blogging daily now at www.volume.zone
  • #127,528
  • Oct 28, 2008 2:10pm Oct 28, 2008 2:10pm
I was looking at the chart and was noticing UJ loosing steam on the 4hr at around mid 95 and especially with the Weekley resistence and Daily 38.5 resistence but it just blew right through though it. What is your opinion do you think this is just a pricing in of the rate cut decision and maybe short covering? or do you think a genuine trend reversal?
  • #127,529
  • Oct 28, 2008 2:12pm Oct 28, 2008 2:12pm
Quoting pepsi
hmmm, 38.2% fibo?? which one? where did you draw it from? and at which level should we add longs?

thanks karmoooooooooooooooooo
Draw fibs from 179.18 to 138.99
Trade what you see, not what you think.
  • #127,530
  • Oct 28, 2008 2:12pm Oct 28, 2008 2:12pm
Quoting vinesh2
I was looking at the chart and was noticing UJ loosing steam on the 4hr at around mid 95 and especially with the Weekley resistence and Daily 38.5 resistence but it just blew right through though it. What is your opinion do you think this is just a pricing in of the rate cut decision and maybe short covering? or do you think a genuine trend reversal?


It s should reverse now on 154-155. Fab 38.2
I have not failed. I've just found 10,000 ways that won't work -
  • #127,531
  • Oct 28, 2008 2:16pm Oct 28, 2008 2:16pm
156.21 here i come
Attached Image (click to enlarge)
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  • #127,532
  • Oct 28, 2008 2:16pm Oct 28, 2008 2:16pm
I am not trading GJ PrisonPlanet. Talking about UJ
  • #127,533
  • Oct 28, 2008 2:16pm Oct 28, 2008 2:16pm
Quoting vinesh2
I was looking at the chart and was noticing UJ loosing steam on the 4hr at around mid 95 and especially with the Weekley resistence and Daily 38.5 resistence but it just blew right through though it. What is your opinion do you think this is just a pricing in of the rate cut decision and maybe short covering? or do you think a genuine trend reversal?

look at volume ... on 60 min .... it is bearish div ... ie getitng less as uj getting higher think BULLTRAP
Blogging daily now at www.volume.zone
  • #127,534
  • Oct 28, 2008 2:16pm Oct 28, 2008 2:16pm
Quoting malcolmb14
that would be to easy....gj no sellers at 154 .... I took short off for now... and will watch

the top will not be that simple
possible top is ~156
very bullish on all intraday TFs
  • #127,535
  • Oct 28, 2008 2:17pm Oct 28, 2008 2:17pm
Quoting malcolmb14
I closed mine 152.60 .. breaks this my next target would be 153.80

hopped back in 152.80
well done bro
I always knew that someday I would make it big
  • #127,536
  • Oct 28, 2008 2:18pm Oct 28, 2008 2:18pm
Quoting vinesh2
I was looking at the chart and was noticing UJ loosing steam on the 4hr at around mid 95 and especially with the Weekley resistence and Daily 38.5 resistence but it just blew right through though it. What is your opinion do you think this is just a pricing in of the rate cut decision and maybe short covering? or do you think a genuine trend reversal?
If we look at the monthly n weekly then the trend is still down, but looking at 4h and daily, we should see a decent correction upwards.
Trade what you see, not what you think.
  • #127,537
  • Oct 28, 2008 2:19pm Oct 28, 2008 2:19pm
Malcolmb can you explain volume briefly. I tried to use it but could not understand how to use it.
  • #127,538
  • Oct 28, 2008 2:21pm Oct 28, 2008 2:21pm
if it breaks 155.42, it's heading for the 50 ema near 159.
"Don't trade to trade . . . trade to win." - James16
  • #127,539
  • Oct 28, 2008 2:22pm Oct 28, 2008 2:22pm
She's shooting for 160.
note: this is a big U/J resistance.
  • #127,540
  • Oct 28, 2008 2:22pm Oct 28, 2008 2:22pm
Quoting Petefaders
She's shooting for 160.??
159
Trade what you see, not what you think.
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