Auslanco - GBP/JPY and GBP/USD (newstrade)
- #131,583
- Nov 4, 2008 12:44pm Nov 4, 2008 12:44pm
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #131,585
- Nov 4, 2008 12:46pm Nov 4, 2008 12:46pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
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- #131,587
- Nov 4, 2008 12:50pm Nov 4, 2008 12:50pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
farily exaggerated move today dont u think?
par for the signature we have today. Up markets are generally good for the party in power and continuation of such power
think we move to 4hr channel bottom
par for the signature we have today. Up markets are generally good for the party in power and continuation of such power
think we move to 4hr channel bottom
"Millionaires don't use astrology, billionaires do"
- #131,588
- Nov 4, 2008 12:50pm Nov 4, 2008 12:50pm
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
Patience + Humility + Study = Success
- #131,589
- Nov 4, 2008 12:56pm Nov 4, 2008 12:56pm
Islander, I really like this chart of yours ... what are those turquoise dashed lines that follow price upper & lower ... I tried BB and Keltner, but they don't fit. Apart from sweet spots & daily pivot, anything else? How do you set DP to calculate from NY close? thanks!
@ Traderstar: Try to edit the properties of the 34 ema and add the following levels: 150 and -150, then choose the colour and the line shape that you prefer. I hope this helps.
- #131,591
- Nov 4, 2008 12:59pm Nov 4, 2008 12:59pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
hi welcome back,your view on market is appreciated.
confused .... lol
the up move sure likes solid buying .....
the markets are happy .. I think we may drop ... but for now 125 is off the table as the symmetry that the set up was based on has been destroyed with the overnight up move.
we are just above the main downward trendline . and this may be another fake out.
I think we will get clearer direction Thursday of this week on BOE rate decision
I am out of all shorts for a tidy profit ....
for now i am back to day trading ..... what else can you do in market conditions like these ?
4 hour this sure is looking more and more like a bull flag ..... a break out of 162,5 will confirm this ... but we have a pin bar completing in 1 hour ( this may change before then) so under 160 could also be a good reversal entry for a few hundred pips
Blogging daily now at www.volume.zone
- #131,593
- Nov 4, 2008 1:10pm Nov 4, 2008 1:10pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
what making the yen crosses drop is a bit the dow, but more importend is TNX, i think. See how tnx effects all yen crosses atm.
We have a high reliable daily reversal pattern, a three inside down.
I donīt think 125 is off the table
We have a high reliable daily reversal pattern, a three inside down.
I donīt think 125 is off the table
- #131,594
- Nov 4, 2008 1:11pm Nov 4, 2008 1:11pm
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #131,595
- Nov 4, 2008 1:18pm Nov 4, 2008 1:18pm
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
thanks for trade ... have been busy this morning .. open forum .. see your post ... open chart ... price right on 160.82 , also T30 line with doji on 2 min .. shorted it closed for 40 pips
cheers mate ..lol
downmove has got a small potential to 158 area
- #131,598
- Nov 4, 2008 1:21pm Nov 4, 2008 1:21pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
everything for my friends
downmove has got a small potential to 158 area
159.44 and then 158
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- #131,599
- Nov 4, 2008 1:28pm Nov 4, 2008 1:28pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #131,600
- Nov 4, 2008 1:31pm Nov 4, 2008 1:31pm
- | Joined Dec 2007 | Status: Pakute Trader | 885 Posts
Hello all,
@ Traderstar: Try to edit the properties of the 34 ema and add the following levels: 150 and -150, then choose the colour and the line shape that you prefer. I hope this helps.