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

  • #136,961
  • Nov 16, 2008 6:30pm Nov 16, 2008 6:30pm
Quoting jon clogger
*sniff*sniff* I smell Bear Sh!t
  • #136,962
  • Nov 16, 2008 6:30pm Nov 16, 2008 6:30pm
I'm seeing a possible shampoo formation on the M1. hard to tell though and a break of 3.20 will invalidate this.
  • #136,963
  • Nov 16, 2008 6:31pm Nov 16, 2008 6:31pm
Quoting arezab
Gap filled.

Now if market moves down and makes a new low (I mean lower than 140.70) then market will be in bear's hands otherwise bulls will control the market specially if we go up and break this triangle's UTL on H1 time frame.

market is in bulls hands ... till 150

thisa is perfect cup and handle on 5 min ( including gap down ) handle may form down into 142.5 / 142.24 ... then 144 / 146
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  • #136,964
  • Nov 16, 2008 6:32pm Nov 16, 2008 6:32pm
yes
  • #136,965
  • Nov 16, 2008 6:32pm Nov 16, 2008 6:32pm
Quoting Eulogy
I'm seeing a possible shampoo formation on the M1. hard to tell though and a break of 3.20 will invalidate this.

know when to trade 1 min

low volume time is not it

sure way to lose money
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  • #136,966
  • Nov 16, 2008 6:33pm Nov 16, 2008 6:33pm
Hitting the fib, trendline, 50 EMA and gap on hourly. Time for a small short.
History is written by the victors.
  • #136,967
  • Nov 16, 2008 6:36pm Nov 16, 2008 6:36pm
Quoting malcolmb14
know when to trade 1 min

low volume time is not it

sure way to lose money
I don't trade anything under M30 (well at least not yet since i'm still a newb) and especially can't trade properly atm since i'm at work. Just a little interesting something i found when alt-tabbing to my chart.
  • #136,968
  • Nov 16, 2008 6:38pm Nov 16, 2008 6:38pm
small long at 142.66
  • #136,969
  • Nov 16, 2008 6:39pm Nov 16, 2008 6:39pm
break even trade from now.
  • #136,970
  • Nov 16, 2008 6:41pm Nov 16, 2008 6:41pm
Quoting Eulogy
I don't trade anything under M30 (well at least not yet since i'm still a newb) and especially can't trade properly atm since i'm at work. Just a little interesting something i found when alt-tabbing to my chart.
ah I trade 3 min charts in this market they work well ....
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  • #136,971
  • Nov 16, 2008 6:41pm Nov 16, 2008 6:41pm
Quoting Dmac
small long at 142.66

targeting 144.00
  • #136,972
  • Nov 16, 2008 6:43pm Nov 16, 2008 6:43pm
i have TF15M cross down and TF30 ready to cross down, and maybe will see lower
  • #136,973
  • Edited 6:46pm Nov 16, 2008 6:45pm | Edited 6:46pm
Quoting Dmac
targeting 144.00
Good Luck -

I am short targeting 140's again.
SL at BE.
History is written by the victors.
  • #136,974
  • Nov 16, 2008 6:46pm Nov 16, 2008 6:46pm
ok did take little short the bearish div was to good to resist on 3 min charts .

the 38 % fib r is 142.24
50 % 141.93

Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy87.png Size: 183 KB
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  • #136,975
  • Nov 16, 2008 6:46pm Nov 16, 2008 6:46pm
Quoting Money-RX
Good Luck -

I am short targeting 140's again.
me too
  • #136,976
  • Nov 16, 2008 6:47pm Nov 16, 2008 6:47pm
Quoting Dmac
targeting 144.00

Stopped out for small loss.
  • #136,977
  • Nov 16, 2008 6:48pm Nov 16, 2008 6:48pm
Quoting jon clogger
*sniff*sniff* I smell Bear Sh!t
how you doing.
  • #136,978
  • Nov 16, 2008 6:48pm Nov 16, 2008 6:48pm
Quoting malcolmb14
market is in bulls hands ... till 150

thisa is perfect cup and handle on 5 min ( including gap down ) handle may form down into 142.5 / 142.24 ... then 144 / 146
could you post a chart, I don't see it????
  • #136,979
  • Nov 16, 2008 6:49pm Nov 16, 2008 6:49pm
Quoting pkimnyc
how you doing.

could be long here

bounce off 38.2 fib R
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  • #136,980
  • Nov 16, 2008 6:50pm Nov 16, 2008 6:50pm
Quoting cullian
could you post a chart, I don't see it????

http://www.forexfactory.com/showpost...stcount=136983

check that out .. you will see it
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