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

  • #130,681
  • Nov 3, 2008 5:17am Nov 3, 2008 5:17am
It is rather sad that people feel like they need to attack contributer's to the thread when they themselves have nothing whatsoever to contribute besides their nonsense.
  • #130,682
  • Nov 3, 2008 5:18am Nov 3, 2008 5:18am
Quoting lilmoe


they can't lose much with my 30-50 pip SLs, unless they are THAT stupid...
we have less than 2hours to close below H4 gann.1580-15850 areas great support,if we close below this best will tank.

but right now we are OS on 5/15mins chart, will wait tilll retracement to add short(16020?)
  • #130,683
  • Nov 3, 2008 5:18am Nov 3, 2008 5:18am
Quoting 5ysfx
added at 15860 instead of SL

This is gamble using tiny positions
it's not good fighting the trend!
  • #130,684
  • Nov 3, 2008 5:22am Nov 3, 2008 5:22am
This morning... BUll trend was t total trap...luckily close my long on profit and short on profit...

but emtional drained???

*where is the milky bar guy??

Sonic
  • #130,685
  • Nov 3, 2008 5:23am Nov 3, 2008 5:23am
4 hour chart is forming a possible cup and handle formation.
Attached Image (click to enlarge)
Click to Enlarge Name: geppy 4 hour.gif Size: 28 KB
  • #130,686
  • Nov 3, 2008 5:24am Nov 3, 2008 5:24am
Quoting sonicdeejay
where is the milky bar guy??
he closed his computer for the week and waiting on his TPs to hit
  • #130,687
  • Nov 3, 2008 5:26am Nov 3, 2008 5:26am
Quoting lilmoe
mind sharing what exactly do u see? i see a broken bearish flag and price 100 pips below 1h 50ema.

if this 1h candle closes like this, i can't see why would anyone expect it to go up unless to add more shorts... just a thought, i'm not criticizing.
i see triangle between ema 120 resistance and support ema 34 and ema 55


how stupid i am ?

but i am starting to doubt
Attached Image (click to enlarge)
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  • #130,688
  • Nov 3, 2008 5:27am Nov 3, 2008 5:27am
Quoting ovaforty
4 hour chart is forming a possible cup and handle formation.
hey there old man

i think a handle should include a bullish flag in this particular case. the lower TL being at 153.xx

so even if the pattern is correct, we might hit that target first then go up from there. but if broken, do u see any kind of support below that?
  • #130,689
  • Nov 3, 2008 5:27am Nov 3, 2008 5:27am
Quoting Occam
how many loyal followers lilmoe has - just too blind to see the truth - all he has to do is post the proof..... but he CAN'T!!

Last week he made 4 bad calls in a row...... kept quiet for about 30 mins and then said something like oh damn stopped at BE....... complete and utter rubbish....... I was too busy to call him on those....... but he starts this week like he finished last and I for one am happy to point out BS when I see it.

I guess if you're a blind follower then you can't stand the possibility of what I'm saying.......
no one asked you to follow him
  • #130,690
  • Nov 3, 2008 5:28am Nov 3, 2008 5:28am
30 min time frame chart shows a possible inverted king's crown formation.

Look at the monthly one candle mom pointing to a retrace to test the 5 sma channel sometime this month.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: geppy monthly 2.gif Size: 22 KB
Click to Enlarge Name: geppy 30 min.gif Size: 33 KB
  • #130,691
  • Nov 3, 2008 5:30am Nov 3, 2008 5:30am
Quoting lilmoe
he closed his computer for the week and waiting on his TPs to hit
we may retreat to 160 area?
  • #130,692
  • Nov 3, 2008 5:30am Nov 3, 2008 5:30am
if we go back to 159 - 159.10, i'll add more shorts.
  • #130,693
  • Nov 3, 2008 5:31am Nov 3, 2008 5:31am
Quoting moneybookers
we may retreat to 160 area?
don't think so, UJ gonna dive now, GJ as well
  • #130,694
  • Nov 3, 2008 5:31am Nov 3, 2008 5:31am
Quoting lilmoe
hey there old man

i think a handle should include a bullish flag in this particular case. the lower TL being at 153.xx

so even if the pattern is correct, we might hit that target first then go up from there. but if broken, do u see any kind of support below that?
yeah, i see support at the weekly 5 sma low around 154.50 area.
Attached Image (click to enlarge)
Click to Enlarge Name: geppy weekly.gif Size: 22 KB
  • #130,695
  • Nov 3, 2008 5:32am Nov 3, 2008 5:32am
Quoting karmostaji
it might be, I took a short just now at 160.2

15m shows the TL broken, I'd like to see 1h candle close below it
I told you I won't miss the train and will enter once that TL breaks, setting SL to +10 and letting them ride.

Time for patience to kick in until I see a reversal or something on 4h chart.
Trade what you see, not what you think.
  • #130,696
  • Nov 3, 2008 5:32am Nov 3, 2008 5:32am
last one long at 15798 lets see if will bounce off here
  • #130,697
  • Nov 3, 2008 5:33am Nov 3, 2008 5:33am
Quoting lilmoe
if we go back to 159 - 159.10, i'll add more shorts.
pity i close my shorts already,have to wait for retracement to reenter
  • #130,698
  • Nov 3, 2008 5:35am Nov 3, 2008 5:35am
Quoting karmostaji
I told you I won't miss the train and will enter once that TL breaks, setting SL to +10 and letting them ride.

Time for patience to kick in until I see a reversal or something on 4h chart.
pills time
  • #130,699
  • Nov 3, 2008 5:36am Nov 3, 2008 5:36am
Up date......first there was the lower high at X, then the initial confirmed Sell as price broke the turning down 34 ema at the first Red Arrow - that was over 400 pips ago!

Then there were 3 more sell signals as price was held under the falling 34 ema......hope you guys got some of those pips...... http://www.forexfactory.com/images/icons/icon10.gif
Attached Image (click to enlarge)
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Trading Levels with WRBs
  • #130,700
  • Nov 3, 2008 5:37am Nov 3, 2008 5:37am
additional support is the 4 hour 55 sma (brown color around 156.50 area.
Attached Image (click to enlarge)
Click to Enlarge Name: geppy 4 hour 2.gif Size: 28 KB
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