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

  • #142,961
  • Nov 25, 2008 8:23pm Nov 25, 2008 8:23pm
see u guys ar'd 144 or lower in upcoming sessions. . . Will look to add shorts on a failure ar'd 147.15/50/70 area if we see a spike up. . .
  • #142,962
  • Nov 25, 2008 8:24pm Nov 25, 2008 8:24pm
Quoting plrbear
taking a break might not be a bad idea, not much movement right now
should see it move in the next couple of hours. . .
  • #142,963
  • Nov 25, 2008 8:26pm Nov 25, 2008 8:26pm
Quoting quecee5
should see it move in the next couple of hours. . .
thats about what I was thinking too. closer to the end of asia session
  • #142,964
  • Nov 25, 2008 8:31pm Nov 25, 2008 8:31pm
Quoting plrbear
thats about what I was thinking too. closer to the end of asia session
Yep, they seem to take price up then a sell off before pre-london. . . intraday r1 is pointing toward 147.50 however price is trading below DP @ 146.55 at the moment, daily s1 is @ 144.50 area. . . 1hr supports a slight move up but 4 hr chart looks a bit OB. . .

Let's see what it wants to do. . .
  • #142,965
  • Nov 25, 2008 9:40pm Nov 25, 2008 9:40pm
Hourly trendline is broken but need to close below it .. let's wait ..
  • #142,966
  • Nov 25, 2008 9:40pm Nov 25, 2008 9:40pm
hey,

I'm not sure if anyone on here can help me out. I remember someone posting something earlier on here, im just not sure who it was so it'll take a while to search through the thread.

I'm basically looking for an indicator to convert the one minute chart into a 2minute, 3minute etc.

Can anyone help me out ?

Thanks in advance
  • #142,967
  • Nov 25, 2008 9:46pm Nov 25, 2008 9:46pm
Quoting susufx
hey,

I'm not sure if anyone on here can help me out. I remember someone posting something earlier on here, im just not sure who it was so it'll take a while to search through the thread.

I'm basically looking for an indicator to convert the one minute chart into a 2minute, 3minute etc.

Can anyone help me out ?

Thanks in advance
Why do u want to do that? Small minutes charts are very unreliable ..better don't waste your time on that ..
  • #142,968
  • Nov 25, 2008 9:48pm Nov 25, 2008 9:48pm
Quoting susufx
hey,

I'm not sure if anyone on here can help me out. I remember someone posting something earlier on here, im just not sure who it was so it'll take a while to search through the thread.

I'm basically looking for an indicator to convert the one minute chart into a 2minute, 3minute etc.

Can anyone help me out ?

Thanks in advance
That would be on post #130036
  • #142,969
  • Nov 25, 2008 9:54pm Nov 25, 2008 9:54pm
Quoting chislow
That would be on post #130036
lol you're wow...thanks buddy
  • #142,970
  • Nov 25, 2008 9:55pm Nov 25, 2008 9:55pm
Quoting mktjong
Why do u want to do that? Small minutes charts are very unreliable ..better don't waste your time on that ..
lol my trading style is much different then yours. I'm testing a few things out while finetuning my trading system.

If something doesnt work for you doesnt mean it doesnt work for everyone else out there.
  • #142,971
  • Nov 25, 2008 9:58pm Nov 25, 2008 9:58pm
Quoting susufx
lol you're wow...thanks buddy
had it bookmarked, never got around to using it yet.
  • #142,972
  • Nov 25, 2008 10:00pm Nov 25, 2008 10:00pm
ok well this is the third time in an hour we are here. If we dont break 145.75 and hold, than we should start moving back up again
  • #142,973
  • Nov 25, 2008 10:05pm Nov 25, 2008 10:05pm
Quoting plrbear
ok well this is the third time in an hour we are here. If we dont break 145.75 and hold, than we should start moving back up again
Most likely it will break since uptrend line is broken ..
  • #142,974
  • Nov 25, 2008 10:10pm Nov 25, 2008 10:10pm
Quoting mktjong
Most likely it will break since uptrend line is broken ..
uptrend on which chart time
  • #142,975
  • Nov 25, 2008 10:19pm Nov 25, 2008 10:19pm
Quoting plrbear
uptrend on which chart time
Hourly trendline. See red line in the chart
Attached Image (click to enlarge)
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  • #142,976
  • Edited 10:43pm Nov 25, 2008 10:28pm | Edited 10:43pm
Short 146.21

Bounce off the 50 EMA (5 MIN)
  • #142,977
  • Nov 25, 2008 10:29pm Nov 25, 2008 10:29pm
Quoting mktjong
Hourly trendline. See red line in the chart

that's certainely not how you draw trendlines.
  • #142,978
  • Nov 25, 2008 10:32pm Nov 25, 2008 10:32pm
Quoting susufx
that's certainely not how you draw trendlines.
hhmmm .. how then master? ..
  • #142,979
  • Nov 25, 2008 10:33pm Nov 25, 2008 10:33pm
Quoting mktjong
hhmmm .. how then master? ..
no need for the arrogance i'm just trying to help
Attached Image (click to enlarge)
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  • #142,980
  • Nov 25, 2008 10:34pm Nov 25, 2008 10:34pm
Quoting DivePIPS
Short 1.4621

Bounce off the 50 EMA (5 MIN)
(sarcasm) What currency are you talking about? With this market moving 1000 pips per session, that price could be the euro, no wait the cable...no wait eur/chf...see what I mean? j/k
Learning never ends.
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