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

  • #133,681
  • Nov 9, 2008 6:52pm Nov 9, 2008 6:52pm
Anyone can post some analysis?
I'm in da office now, couldn't use metatrader instead was using online charts so couldn't really figure out.
Read the entire market, money is made on the main trend not the fluctuation
  • #133,682
  • Nov 9, 2008 7:00pm Nov 9, 2008 7:00pm
Quoting Kofmaster
Anyone can post some analysis?
I'm in da office now, couldn't use metatrader instead was using online charts so couldn't really figure out.
online charts .. aiming for 100 pips .. sounds like day trade ... and a sure way to lose money in the long run

a good carpenter has the right tools to get the job done .. if you want to play with the beast have some good charting tools ...

my 2 cents from and experienced trader. I use 4 different charting softwares at once.
Blogging daily now at www.volume.zone
  • #133,683
  • Nov 9, 2008 7:05pm Nov 9, 2008 7:05pm
Upward momentum seems to have subsided for the time being and the hourlies on down are OS. If I wasn't in the market already I would be on the fence.
  • #133,684
  • Nov 9, 2008 7:05pm Nov 9, 2008 7:05pm
this is the black hole candle formation where candle actually disappears into your moving average
  • #133,685
  • Nov 9, 2008 7:09pm Nov 9, 2008 7:09pm
Quoting Kofmaster
Anyone can post some analysis?
I'm in da office now, couldn't use metatrader instead was using online charts so couldn't really figure out.
try this

http://www.logmein.com/

and make sure your boss is not behind your back. lol
  • #133,686
  • Nov 9, 2008 7:09pm Nov 9, 2008 7:09pm
Quoting cancunkev
Upward momentum seems to have subsided for the time being and the hourlies on down are OS. If I wasn't in the market already I would be on the fence.

I agree no clear direction however 10 min trend is still UP with possible rounded top forming OR consolidation for move up

I find it interesting that nikkei up 5.5% and gj barely moved
Blogging daily now at www.volume.zone
  • #133,687
  • Nov 9, 2008 7:10pm Nov 9, 2008 7:10pm
Quoting malcolmb14
I use 4 different charting softwares at once.
Any particular favorites?
History is written by the victors.
  • #133,688
  • Nov 9, 2008 7:20pm Nov 9, 2008 7:20pm
Quoting malcolmb14
I agree no clear direction however 10 min trend is still UP with possible rounded top forming OR consolidation for move up

I find it interesting that nikkei up 5.5% and gj barely moved
hi malcolm, i sent you a PM over the weekend, so if you could respond to that when you had the chance that would be great thanks
  • #133,689
  • Nov 9, 2008 7:27pm Nov 9, 2008 7:27pm
Quoting rogerdoger
hi malcolm, i sent you a PM over the weekend, so if you could respond to that when you had the chance that would be great thanks
i just logged in, can somebody point me
where is the possible support for down move../?? i want to clearup my short at even ..presently -9
  • #133,690
  • Nov 9, 2008 7:28pm Nov 9, 2008 7:28pm
Pretty significant failure around 157.50

A bit early to call for a turn in trend yet, but it's on it's way. Probably add some shorts if we pop back above 157.00 at all
check out my blog: forexmademillionaire dot com
  • #133,691
  • Nov 9, 2008 7:30pm Nov 9, 2008 7:30pm
Quoting harora
i just logged in, can somebody point me
where is the possible support for down move../?? i want to clearup my short at even ..presently -9
cleared out and watching at 15 min 34 ema
  • #133,692
  • Nov 9, 2008 7:34pm Nov 9, 2008 7:34pm
Quoting Geppy
Pretty significant failure around 157.50

A bit early to call for a turn in trend yet, but it's on it's way. Probably add some shorts if we pop back above 157.00 at all
awesome call on the short side. congrats.
  • #133,693
  • Nov 9, 2008 7:35pm Nov 9, 2008 7:35pm
May be try to filling the gaps before continue up again...

just my 1 pip....
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  • #133,694
  • Nov 9, 2008 7:37pm Nov 9, 2008 7:37pm
Quoting Geppy
Pretty significant failure around 157.50

A bit early to call for a turn in trend yet, but it's on it's way. Probably add some shorts if we pop back above 157.00 at all
You're the man
But are we going to touch the TL afterall before it retrace?
Read the entire market, money is made on the main trend not the fluctuation
  • #133,695
  • Nov 9, 2008 7:39pm Nov 9, 2008 7:39pm
Quoting bobcat
well geppy iv seen most of your calls correct i think, whats pushing it up except for the obvious?
chinise $700b stimulas package...
  • #133,696
  • Nov 9, 2008 7:40pm Nov 9, 2008 7:40pm
Quoting pkimnyc
awesome call on the short side. congrats.
Not yet, I'll be smiling when we crack 154.00

We need more follow through than this to confirm a down trend guys
check out my blog: forexmademillionaire dot com
  • #133,697
  • Nov 9, 2008 7:42pm Nov 9, 2008 7:42pm
channel...
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  • #133,698
  • Nov 9, 2008 7:43pm Nov 9, 2008 7:43pm
I already see this as a down trend folks....
  • #133,699
  • Nov 9, 2008 7:44pm Nov 9, 2008 7:44pm
I'm basically using TL and Fib retracement, some simple indicator such as MACD, RSI.. to determine its route.

Am I being too simple and guessing? I wonder.. some advise?
Read the entire market, money is made on the main trend not the fluctuation
  • #133,700
  • Nov 9, 2008 7:46pm Nov 9, 2008 7:46pm
Quoting Kofmaster
I'm basically using TL and Fib retracement, some simple indicator such as MACD, RSI.. to determine its route.

Am I being too simple and guessing? I wonder.. some advise?
basically, that's all you need. those are my main tools as well.
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