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

  • #128,861
  • Oct 30, 2008 5:09am Oct 30, 2008 5:09am
1st Hourly candle close below trendline - bearish
Money & Pain Respect the market, protect your capital, be patient
  • #128,862
  • Oct 30, 2008 5:18am Oct 30, 2008 5:18am
Quoting toyboy tramp
1st Hourly candle close below trendline - bearish
where's the div you're talking about?? what period you're using? infinity?
I recommend you read something else as this sentence is now concluded.
  • #128,863
  • Oct 30, 2008 5:24am Oct 30, 2008 5:24am
Quoting Obaidah
where's the div you're talking about?? what period you're using? infinity?
5 min tf, slow stochs 5,3,3
Money & Pain Respect the market, protect your capital, be patient
  • #128,864
  • Oct 30, 2008 5:31am Oct 30, 2008 5:31am
Good night y'all
closed most of my shorts, kept some on, u only live once and all of that.....hehe second thought maybe it's all about the rebirth here and now I'm gonna hit the sack zZzZzZzzz....
  • #128,865
  • Oct 30, 2008 5:47am Oct 30, 2008 5:47am
drinking chay 7leeb (tea with milk) while i continue to watch paint dry
Trade what you see, not what you think.
  • #128,866
  • Oct 30, 2008 5:58am Oct 30, 2008 5:58am
Price might head back down to test that TL (drawn on the Daily chart), breaks or not, we gotta wait n see.. I see tough resistance from 165 to 167
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 18 KB
Trade what you see, not what you think.
  • #128,867
  • Oct 30, 2008 6:02am Oct 30, 2008 6:02am
Quoting karmostaji
drinking chay 7leeb (tea with milk) while i continue to watch paint dry
gahweh sada (arabic coffee) no sugar (Duh)...

not dry though, short from 165 and 164.18
  • #128,868
  • Oct 30, 2008 6:04am Oct 30, 2008 6:04am
Quoting lilmoe
gahweh sada (arabic coffee) no sugar (Duh)...

not dry though, short from 165 and 164.18
I know we both love shorting this pair but look at that consolidation area on the 1h, it looks like just wondering around there and then it breakout to the upside, what do you say..
Trade what you see, not what you think.
  • #128,869
  • Oct 30, 2008 6:05am Oct 30, 2008 6:05am
Quoting karmostaji
Price might head back down to test that TL (drawn on the Daily chart), breaks or not, we gotta wait n see.. I see tough resistance from 165 to 167
hi karmo,

what's TL?

thanks
  • #128,870
  • Oct 30, 2008 6:07am Oct 30, 2008 6:07am
Quoting pepsi
hi karmo,

what's TL?

thanks
It's a type of candy I sell, want some? lol jk

TL is Trend Line
Trade what you see, not what you think.
  • #128,871
  • Oct 30, 2008 6:08am Oct 30, 2008 6:08am
Quoting lilmoe
gahweh sada (arabic coffee) no sugar (Duh)...

not dry though, short from 165 and 164.18
and another at 162.87, 30 pip SL...
  • #128,872
  • Oct 30, 2008 6:16am Oct 30, 2008 6:16am
Quoting karmostaji
I know we both love shorting this pair but look at that consolidation area on the 1h, it looks like just wondering around there and then it breakout to the upside, what do you say..
well, it sure is a tough area around here, and i don't deny having doubts about this falling right away, we might either get another high or consolidated even more... m30 chart doesn't look very ripe for a drop, not with that bullish HD nor before closing below 160. but this is GJ, and we did rally more than 2000 pips, it's not like im shorting the bottom here.

besides, i see a broken TL, meaning breakout. cci30 on m30 is having lots of trouble closing below the 0 line, meaning breakout NOT confirmed YET. but once confirmed.

another note, do u see that diamond on m30?

edit: i will close another portion of my shorts if that CCI TL on m30 is broken.

Attached Image (click to enlarge)
Click to Enlarge Name: gj_m30.gif Size: 19 KB
  • #128,873
  • Oct 30, 2008 6:17am Oct 30, 2008 6:17am
False breakout?
Money & Pain Respect the market, protect your capital, be patient
  • #128,874
  • Oct 30, 2008 6:21am Oct 30, 2008 6:21am
Quoting lilmoe
well, it sure is a tough area around here, and i don't deny having doubts about this falling right away, we might either get another high or consolidated even more... m30 chart doesn't look very ripe for a drop, not with that bullish HD nor before closing below 160. but this is GJ, and we did rally more than 2000 pips, it's not like im shorting the bottom here.

besides, i see a broken TL, meaning breakout. cci30 on m30 is having lots of trouble closing below the 0 line, meaning breakout NOT confirmed YET. but once confirmed.

another note, do u see that diamond on m30?

edit: i will close another portion of my shorts if that CCI TL on m30 is broken.

Attachment
bro how do you determine which div will play out first?

edit: btw, ur broker, is it local?
I recommend you read something else as this sentence is now concluded.
  • #128,875
  • Oct 30, 2008 6:22am Oct 30, 2008 6:22am
commodities rallying, dow futures +400, asian stocks up
Money & Pain Respect the market, protect your capital, be patient
  • #128,876
  • Oct 30, 2008 6:22am Oct 30, 2008 6:22am
Quoting lilmoe
well, it sure is a tough area around here, and i don't deny having doubts about this falling right away, we might either get another high or consolidated even more... m30 chart doesn't look very ripe for a drop, not with that bullish HD nor before closing below 160. but this is GJ, and we did rally more than 2000 pips, it's not like im shorting the bottom here.

besides, i see a broken TL, meaning breakout. cci30 on m30 is having lots of trouble closing below the 0 line, meaning breakout NOT confirmed YET. but once confirmed.

another note, do u see that diamond on m30?

edit: i will close another portion of my shorts if that CCI TL on m30 is broken.

Attachment
Hopefully it will slide down but i'll stay on the sideline until we're out of this consolidation.

I see that small diamond on the 30m chart.
Trade what you see, not what you think.
  • #128,877
  • Oct 30, 2008 6:22am Oct 30, 2008 6:22am
Quoting lilmoe
well, it sure is a tough area around here, and i don't deny having doubts about this falling right away, we might either get another high or consolidated even more... m30 chart doesn't look very ripe for a drop, not with that bullish HD nor before closing below 160. but this is GJ, and we did rally more than 2000 pips, it's not like im shorting the bottom here.

besides, i see a broken TL, meaning breakout. cci30 on m30 is having lots of trouble closing below the 0 line, meaning breakout NOT confirmed YET. but once confirmed.

another note, do u see that diamond on m30?

edit: i will close another portion of my shorts if that CCI TL on m30 is broken.

Attachment
Hehe , I had the same broken TL, but the minute i wanted to post it, price started to go up... lets see if we break 161 area.
  • #128,878
  • Oct 30, 2008 6:24am Oct 30, 2008 6:24am
Quoting Obaidah
bro how do you determine which div will play out first?

edit: btw, ur broker, is it local?
do u see a divergence on anything below m30?
  • #128,879
  • Oct 30, 2008 6:25am Oct 30, 2008 6:25am
Quoting lilmoe
and another at 162.87, 30 pip SL...
half for 60 pips, rest at b/e
  • #128,880
  • Oct 30, 2008 6:27am Oct 30, 2008 6:27am
Quoting lilmoe
do u see a divergence on anything below m30?
im talking about h4 and h1, or the lower TFs first?
I recommend you read something else as this sentence is now concluded.
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