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

  • #131,441
  • Nov 4, 2008 8:20am Nov 4, 2008 8:20am
Quoting TraderStar
Yes .. I mean, Ja, Ve vill all haf to pump ourselves up every day....
Only way to get me into a shape other than round is a president personal trainer...
  • #131,442
  • Edited 8:22am Nov 4, 2008 8:22am | Edited 8:22am
Quoting TraderStar
Innocent curiosity??
Rule #2: Trading OnlyForex Factory is all about trading. Anything focused on the pursuit of trading profits is welcome; anything focused on something else is subject to removal. Keep in mind that Forex Factory is a global community, so controversial discussions (i.e., politics, religion) should be kept to a minimum. Additionally, the site should not be used to for personal agendas such as ego, drama, attention or revenge.
Humble Lifetime Member
  • #131,443
  • Nov 4, 2008 8:25am Nov 4, 2008 8:25am
Alrighty then....

Back to biz at hand...

Long term outlook...tipping hat to the bears...

Shorter term... Ahhh....the debatable issue...

G/Y 4H TF could re-test the Gann 159 level and then back down? H4 QQE still crossed downwards...
  • #131,444
  • Nov 4, 2008 8:25am Nov 4, 2008 8:25am
Quoting Ash
Rule #2:
Additionally, the site should not be used to for personal agendas such as ego, drama, attention or revenge.
That rules out half of the people here!

B
  • #131,445
  • Nov 4, 2008 8:29am Nov 4, 2008 8:29am
[[Additionally, the site should not be used to for personal agendas such as ego, drama, attention or revenge.]]

Drama!?
  • #131,446
  • Nov 4, 2008 8:29am Nov 4, 2008 8:29am
everyone keeps saying it bearish, but everything I look at shows different and we are slowly climbing to the top of the channel we're in now
  • #131,447
  • Nov 4, 2008 8:33am Nov 4, 2008 8:33am
UJ is acting weaker now.

Islander, if you are still around I have been playing with that 5' chart you showed the other day, with LO, FO and 34 ema. I really like it. Any further commments you have on how to use it, I would appreciate.
For example, if during the day price reverses to the other side of 34, do you wait for a couple of tests before changing direction?
  • #131,448
  • Nov 4, 2008 8:34am Nov 4, 2008 8:34am
Quoting plrbear
everyone keeps saying it bearish, but everything I look at shows different and we are slowly climbing to the top of the channel we're in now
Could be... Then again... Geppy could be re-testing R levels....

We shall see... and squeeze the Pips out of it!!!
  • #131,449
  • Nov 4, 2008 8:35am Nov 4, 2008 8:35am
Quoting plrbear
everyone keeps saying it bearish, but everything I look at shows different and we are slowly climbing to the top of the channel we're in now
On this 1 hour chart, it is actually looking pretty bearish inside the channel (which is drawn automatically)
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 32 KB
  • #131,450
  • Nov 4, 2008 8:35am Nov 4, 2008 8:35am
Quoting plrbear
everyone keeps saying it bearish, but everything I look at shows different and we are slowly climbing to the top of the channel we're in now
Remmember 95% of traders fail so you can easily say that contrary opinion is always right Take a look at USDX, falling like a rock towards support @ 85.
  • #131,451
  • Nov 4, 2008 8:36am Nov 4, 2008 8:36am
Quoting plrbear
everyone keeps saying it bearish, but everything I look at shows different and we are slowly climbing to the top of the channel we're in now
The reason I am bearish is because of U/J's inabaility to break resistance. She seems to be losing steam and I expect her to head further down. GU has also lost steam so this combination to me has me short at 158.3

However..I am watching closely as if UJ picks up, I'll be on the long bus.
  • #131,452
  • Nov 4, 2008 8:38am Nov 4, 2008 8:38am
Quoting bigcoupe
The reason I am bearish is because of U/J's inabaility to break resistance. She seems to be losing steam and I expect her to head further down. GU has also lost steam so this combination to me has me short at 158.3

However..I am watching closely as if UJ picks up, I'll be on the long bus.

Geez...I write this and UJ blasts up
  • #131,453
  • Nov 4, 2008 8:39am Nov 4, 2008 8:39am
Quoting bigcoupe
The reason I am bearish is because of U/J's inabaility to break resistance. She seems to be losing steam and I expect her to head further down. GU has also lost steam so this combination to me has me short at 158.3

However..I am watching closely as if UJ picks up, I'll be on the long bus.
uj is showing strength now as a result of strong stock market
  • #131,454
  • Nov 4, 2008 8:40am Nov 4, 2008 8:40am
Quoting bigcoupe
Geez...I write this and UJ blasts up

  • #131,455
  • Nov 4, 2008 8:41am Nov 4, 2008 8:41am
and here we are at 159 again
  • #131,456
  • Nov 4, 2008 8:45am Nov 4, 2008 8:45am
anyone short here?
  • #131,457
  • Nov 4, 2008 8:45am Nov 4, 2008 8:45am
Quoting plrbear
and here we are at 159 again

Predictable, ain't she?
  • #131,458
  • Nov 4, 2008 8:47am Nov 4, 2008 8:47am
Quoting moneybookers
anyone short here?
I'm on the chill pill until I get my 4H candle above/below the Gann....

Anyone else have an insight or a position?
  • #131,459
  • Nov 4, 2008 8:47am Nov 4, 2008 8:47am
Quoting Islander
Hi Wolf - as usual, a nice clean chart....http://www.forexfactory.com/images/icons/icon7.gif

fx1dr3r, eyevoltage, Rialto and others also use the \\\"uncluttered\\\" approach:


http://www.forexfactory.com/showthre...=98028&page=82

- although you may find the odd 34 ema there too.....http://www.forexfactory.com/images/icons/icon6.gif

Hi Islander how are you.

I see your still milking pips from the market.

The thread you you linked is very good, I've followed it for a while mainly for your posts .

Oh and I do use one or two MAs.... But Sshh don't tell anyone.

Actually have played around with you 34 ema and the bands recently with good results.
  • #131,460
  • Edited 9:05am Nov 4, 2008 8:50am | Edited 9:05am
But....

I'm in for a scalp downwards... at 192, Short...

oops... meant 158.92...
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