I've been posting this chart for the past week and is the reason I went long Thursday through Friday. I'm pretty sure everyone and their brother is aware of this channel... it's no new discovery.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #133,741
- Nov 9, 2008 11:53pm Nov 9, 2008 11:53pm
- #133,742
- Nov 9, 2008 11:54pm Nov 9, 2008 11:54pm
- Joined Sep 2007 | Status: Trader | 6,871 Posts
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- #133,743
- Nov 9, 2008 11:54pm Nov 9, 2008 11:54pm
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #133,744
- Nov 9, 2008 11:56pm Nov 9, 2008 11:56pm
- Joined Sep 2007 | Status: Trader | 6,871 Posts
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- #133,746
- Nov 10, 2008 12:03am Nov 10, 2008 12:03am
doji on the 4 hour, i can see a trip up as high as 158.80 or there abouts
Though i was stopped out at B/E
Here is the chart, just pay attention to the bold red lines. If we do happen to close above or below on the hourly, that is where I would consider it to finally have a solid trend
That channel is why I was thinking we could go as high as the 158.8x, overall I still believe (which might be wrong of course) we are in a down trend till that upper trend line is broken on the channel. My trading system is giving me the shorts
No cowboy call here
- #133,747
- Nov 10, 2008 12:04am Nov 10, 2008 12:04am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
-yawn- Nothing all that exciting going on, back to bed for me before I end up sticking around and reading people's trade calls. They might give me nightmares...
Trade what you see, not what you think.
Just wondering why some are calling trades?
Was happy with just karmo and Lilmoe and a few others to give their analysis.
So Karmo and all don't let these "cowboys" as you put it so well
get in your "professional" way of doing things.
Thanks
Was happy with just karmo and Lilmoe and a few others to give their analysis.
So Karmo and all don't let these "cowboys" as you put it so well
get in your "professional" way of doing things.Thanks
Enter Signature
- #133,749
- Nov 10, 2008 12:09am Nov 10, 2008 12:09am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Just wondering why some are calling trades?
Was happy with just karmo and Lilmoe and a few others to give their analysis.
So Karmo and all don't let these "cowboys" as you put it so well
Thanks
I wonder where lilmoe is... btw I do post my analysis on my own thread
Trade what you see, not what you think.
I just ignored a bunch of those cowboys lol, no need to waste my time and read BS calls.
I wonder where lilmoe is... btw I do post my analysis on my own thread
Enter Signature
- #133,753
- Nov 10, 2008 12:35am Nov 10, 2008 12:35am
- | Commercial User | Joined Mar 2008 | 1,651 Posts
That was worth the wait. Banked 95 pipies.
Might be safe to say were done with the top of this channel and going down, which is what I was betting on.. 4Hr seems clear on that. Just my opinion.
Banked 95 pipies.Might be safe to say were done with the top of this channel and going down, which is what I was betting on.. 4Hr seems clear on that. Just my opinion.
- #133,754
- Nov 10, 2008 12:37am Nov 10, 2008 12:37am
- Joined Sep 2007 | Status: Trader | 6,871 Posts
That was worth the wait.
Might be safe to say were done with the top of this channel and going down, which is what I was betting on.. 4Hr seems clear on that. Just my opinion.
check out my blog: forexmademillionaire dot com
- #133,755
- Nov 10, 2008 12:39am Nov 10, 2008 12:39am
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
next channel's TL
always is worth to try with proper SL and MM
always is worth to try with proper SL and MM
- #133,756
- Nov 10, 2008 12:43am Nov 10, 2008 12:43am
- Joined Sep 2007 | Status: Trader | 6,871 Posts
check out my blog: forexmademillionaire dot com
- #133,757
- Nov 10, 2008 12:50am Nov 10, 2008 12:50am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
