150.xx yes, but not for today, maybe we'll see 156 again
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #133,922
- Nov 10, 2008 11:07am Nov 10, 2008 11:07am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
if you look 2 postings above chart, you see the 61.8 fibo level.
Price sometimes bounces a bit from fibo levels
- #133,924
- Nov 10, 2008 11:10am Nov 10, 2008 11:10am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #133,925
- Nov 10, 2008 11:10am Nov 10, 2008 11:10am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
fibo confluence and ema 50 on 5 m chart at 154.70.
This would be OK for me
This would be OK for me
- #133,926
- Nov 10, 2008 11:11am Nov 10, 2008 11:11am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
BROV you are a witch!
- #133,927
- Nov 10, 2008 11:12am Nov 10, 2008 11:12am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
yea if he also looks 4 more posts above he'll see that i already said that i'll be going long at that level
- #133,930
- Nov 10, 2008 11:15am Nov 10, 2008 11:15am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
lilmoe you are to fast for me, Iám an old man, forgive me
- #133,931
- Nov 10, 2008 11:15am Nov 10, 2008 11:15am
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
- #133,932
- Nov 10, 2008 11:16am Nov 10, 2008 11:16am
- Joined May 2008 | Status: I Loose, I Win, I Conquer | 1,834 Posts
Fools Rushing 
- #133,933
- Nov 10, 2008 11:19am Nov 10, 2008 11:19am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #133,934
- Nov 10, 2008 11:21am Nov 10, 2008 11:21am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #133,935
- Nov 10, 2008 11:21am Nov 10, 2008 11:21am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Trading Levels with WRBs
- #133,936
- Nov 10, 2008 11:22am Nov 10, 2008 11:22am
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
- #133,937
- Nov 10, 2008 11:23am Nov 10, 2008 11:23am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
lilmoe you are to fast for me, Iám an old man, forgive me
i see a TL in good confluence with 50%fibo. a break above should target the confluence of 38.2 and 50ema easily (that's a 90 pip scalp
)
- #133,938
- Nov 10, 2008 11:24am Nov 10, 2008 11:24am
well logically, it should hit 50% fibo again at 153.91, and if 50% acts as solid resistance we'll retest 61.8 again (where i went long).
i closed a portion of my position at m15 5sma because it's in confluence with m1's 50ema, and m1 is showing a strong bearish HD (hidden divergence).
a good short scalp would be at 1m 50ema IF we didn't have a m30 and 1h 5sma retracements due. those (higher TFs) should be a bit stronger than that on the 1m chart.
thinking the same, i have bullish div. on 5min cci, we could see a retest of the daily 5sma @ 154.70 ...and its in confluence with 5min. 50ema
- #133,939
- Nov 10, 2008 11:25am Nov 10, 2008 11:25am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
new channel
why not ?
but keep in mind a daily close below (blue) gann line is good or a few thousend pip drop
And bearish daily TNX is with the bears.
- #133,940
- Nov 10, 2008 11:25am Nov 10, 2008 11:25am
- Joined Jul 2007 | Status: Following The Trade Winds | 8,442 Posts
Hello.
I was wondering if anyone could post some feedback on my chart.
I think it can probably go to the 5sma at 155.70, but it is just my newb analisys
1) Since the 1H 5 SMA is a moving average, the price level is always changing. It's quite a bit different now, as you're probably aware. Eventually price will either rise to meet it, or the moving average will get low enough to meet price.
2) It looks like your QQE is showing both the "fast" and "slow" lines. The fast line should be made invisible. You can do that by clicking on the indicator to go into setup, then changing the middle line (in the setup window) to black. A QQE cross involves the solid RSI line and the slow line. A move above or below the 50 line only requires the solid RSI line to move above or below 50. The fast line isn't used anywhere.
Keep up the good work!
