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

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

#146,281
Dec 4, 2008 6:47pm Dec 4, 2008 6:47pm

OrionsWay
Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts

Yen futures strength should be easing up

"Millionaires don't use astrology, billionaires do"

#146,282
Dec 4, 2008 6:54pm Dec 4, 2008 6:54pm

Raza
Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts

Quoting belekas

Disliked

What do we have here?! Looks like a possible diamond. And the move sequence inside the pattern tells me its a continuation one. Broadening triangle on the left side looks good, right not yet. Ive done some projections and according to my analysis if price makes it to 140ish i will be looking for a sell @ this level. If the descending upper border (UTL) gets confirmed, we are going down ladies and gentelmen

Ignored

Belekas... we have the same diamond formation .. again ..This time from 137.50---134.18.. exact copy of the one you posted earlier.. sorry I cant figure out how to post the f****** chart.. using Vt Trader platform... If you can do the same lines you did before you will see it.. I know it does not help much without the chart..Sorry..

Markets are not Random, they are designed!

#146,283
Dec 4, 2008 6:58pm Dec 4, 2008 6:58pm

GodfreyH
Joined Aug 2007 | Status: Jamaica | 1,069 Posts

The reasons why EA's fail over time is that the market changes and the EA, is still operating based on a market condition which is no longer applicable.

I am therefore experimenting with adding simple neuro based code to the EA. The EA will automatically take time each day to auto-optimise and change its variables based on trades it made during a specified period.

Until that time, We will have to optimise the ea manually. Below is a screenshot of the strategy tester . To get the optimise window, click on [Expert Properties] and select the variables (and the range) you want to optimse as shown below.

For starters try to optimise for the best take profit, stop loss, trailing stop combination.

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#146,284
Dec 4, 2008 7:07pm Dec 4, 2008 7:07pm

belekas
Joined Sep 2007 | Status: gone fishing | 5,782 Posts

Quoting Raza

Disliked

Belekas... we have the same diamond formation .. again ..This time from 137.50---134.18.. exact copy of the one you posted earlier.. sorry I cant figure out how to post the f****** chart.. using Vt Trader platform... If you can do the same lines you did before you will see it.. I know it does not help much without the chart..Sorry..

Ignored

Sorry Raza, i dont see it. The diamond consists of a broadening triangle and a regular triangle. Ill be opening a trading journal soon based on chart patterns, so we will be able to discuss them over there.

#146,285
Dec 4, 2008 7:10pm Dec 4, 2008 7:10pm

Raza
Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts

Quoting belekas

Disliked

Sorry Raza, i dont see it. The diamond consists of a broadening triangle and a regular triangle. Ill be opening a trading journal soon based on chart patterns, so we will be able to discuss them over there.

Ignored

Yes thats what I have on 15M TF... exactly same as your previous post..

Markets are not Random, they are designed!

#146,286
Dec 4, 2008 7:12pm Dec 4, 2008 7:12pm

belekas
Joined Sep 2007 | Status: gone fishing | 5,782 Posts

Quoting Raza

Disliked

Yes thats what I have on 15M TF... exactly same as your previous post..

Ignored

Not on my chart.

#146,287
Dec 4, 2008 7:15pm Dec 4, 2008 7:15pm

Raza
Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts

Quoting belekas

Disliked

Not on my chart.

Ignored

Igotta go somewhere for few min... when back I will try to figure out how to post chart.. gotta know that (chart) it helps...

Markets are not Random, they are designed!

#146,288
Dec 4, 2008 7:35pm Dec 4, 2008 7:35pm

cohiba pips
| Joined Nov 2007 | Status: Trader | 1,839 Posts

jez with this pa its doomed

#146,289
Dec 4, 2008 7:50pm Dec 4, 2008 7:50pm

AbgZuhaini
| Joined Sep 2006 | Status: Trader | 118 Posts

http://i390.photobucket.com/albums/o...k/gbpjpy-2.gif

#146,290
Dec 4, 2008 8:02pm Dec 4, 2008 8:02pm

quecee5
Joined Oct 2007 | Status: Trader | 5,510 Posts

#146,291
Dec 4, 2008 8:09pm Dec 4, 2008 8:09pm

cohiba pips
| Joined Nov 2007 | Status: Trader | 1,839 Posts

would like to agree but i cant see it

i hear what your saying its just indicators trend lines etc....

went out the window on geppy a while ago ok to a degree they help and

we move them every day but for the past 12 months

its been in free fall simple where it ends no body knows

#146,292
Dec 4, 2008 8:13pm Dec 4, 2008 8:13pm

forexlion
| Additional Username | Joined Sep 2009 | 8,623 Posts

Today's forecast:

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#146,293
Dec 4, 2008 8:13pm Dec 4, 2008 8:13pm

belekas
Joined Sep 2007 | Status: gone fishing | 5,782 Posts

Quoting belekas

Disliked

Reversal patterns on the USD/JPY. Price bounced from the downtrend channels LTL @ 92.10 and reversed. Lets see how far this one goes. The chart talks a thousand words actually I will post per request

Ignored

So far so good. Price testing DP atm. If 92.80 taken out then another minor stop @ 93.20 and 93.70/50. If the last one is taken out the next resistance is @ around 96 - the top of the downtrend channel best seen on the zoomed out 1hr timeframe. All this should start playing out after the first resistance @ around 92.80ish is broken. Anyone who bought on the lower border of the channel @ around 92.07-10 should have made around 40/50 pips of profit untill now.

#146,294
Dec 4, 2008 8:22pm Dec 4, 2008 8:22pm

pkimnyc
Joined Oct 2007 | Status: Sniper | 14,770 Posts

closed my eu trade by mistake.

#146,295
Dec 4, 2008 8:26pm Dec 4, 2008 8:26pm

rgitt05
Joined Oct 2005 | Status: Trader | 3,596 Posts

Based on all three TF, I see a pullback to the 138 to 139 level if the PA is above the DP before the BIG DROP from the NFP at 8:30am sharp Friday...I believe the PA will start without the news...