Hello everybody
I see bullish market ...
I see bullish market ...
Discipline + Patience - Fear - Greed = Success
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #147,181
- Dec 8, 2008 4:52am Dec 8, 2008 4:52am
- Joined Oct 2007 | Status: Counter Trend, but not always! | 2,147 Posts
- #147,182
- Dec 8, 2008 4:54am Dec 8, 2008 4:54am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
Hello everybody
I see bullish market ...
- #147,183
- Dec 8, 2008 4:56am Dec 8, 2008 4:56am
- Joined Oct 2008 | Status: aka Neal Vanderstelt | 2,902 Posts
Hello everybody
I see bullish market ...
Before Forex I was tall, and clean shaven. Now I am an Ewok.
- #147,184
- Dec 8, 2008 4:56am Dec 8, 2008 4:56am
- Joined Mar 2008 | Status: Name real with real own way | 23,415 Posts
I see an uptrend on 15m, a TL coincides with 15m 50ema, if it holds then retest of the highs if not higher, if it breaks then bearish
My plan for the next couple of hours
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #147,186
- Dec 8, 2008 5:00am Dec 8, 2008 5:00am
- Joined Oct 2008 | Status: aka Neal Vanderstelt | 2,902 Posts
likely reload zones if move is to advance further
4840 area for cable
Before Forex I was tall, and clean shaven. Now I am an Ewok.
- #147,187
- Dec 8, 2008 5:01am Dec 8, 2008 5:01am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Trading Levels with WRBs
- #147,188
- Dec 8, 2008 5:04am Dec 8, 2008 5:04am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
ditto - I like the confluence of the 50%, R1 & 50 SS - did a TP there and now waiting to see if it can bounce into the 34 ema band for another sell...its also looking as if the swissy's turned north again, it will be good IF it can break above its DP at 2133....
Maybe 136.80 - 137.00 before NY open.. I don't know.. still on my Panic Button.. Ready
- #147,189
- Dec 8, 2008 5:10am Dec 8, 2008 5:10am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
YEs watching the same, + my FE 0.61 from the Bottom 133.26. we may bounce a bit, but from the other side Daily TL and 4H chart tells me a retrace a bit more
Maybe 136.80 - 137.00 before NY open.. I don't know.. still on my Panic Button.. Ready
Trading Levels with WRBs
- #147,190
- Dec 8, 2008 5:20am Dec 8, 2008 5:20am
- Joined Oct 2007 | Status: Counter Trend, but not always! | 2,147 Posts
Discipline + Patience - Fear - Greed = Success
- #147,191
- Dec 8, 2008 5:33am Dec 8, 2008 5:33am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
- #147,194
- Dec 8, 2008 5:41am Dec 8, 2008 5:41am
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
- #147,196
- Dec 8, 2008 5:47am Dec 8, 2008 5:47am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
just wanted to repost this , as at the time of posting this most were bearish .... including some calling for 1000 pip drop ....
trust in your charts and do not guess markets....
been a nice start to week .... just taken half off at 140.25 form 136.60 and moves stop to +200 other half for move to 142.5
we did go up like you said, and i congratulate u for your work. good job bro
i didn't catch most of this move up, but still that doesn't mean we wont be heading down soon. the patterns were pretty obvious and this moving down from where i thought it might would've very easy. if u look back in my post i did mention that we might reach 4h 50ema, which we did.i had 4 long signals that i didnt take SIMPLY because the same signals at the VERY same spot apeared on october 3rd, but we STILL went down. if u remember well at that time, most traders including you and i were cought in that fake breakout upwards in october. i just thought we might have the same since both technicals and fundies were pretty much identical. again, feelings were left aside, i treaded today's move and my bias as history MIGHT repeat itself. i made myself pretty much clear on my analysis.
i also did mention that my bias will remain bearish as long as 141.5 is not taken out.
earlier shorts were stopped out, but somehow managed to catch that top and made most of it back.
here's another chart that describes something i have been right about in the past; the lows on friday were a 127.2 fibo extension of the rally from 137.70 to 148.50, we usually make a retracement back to 78.6 then go back down to 100% at least. if 127.2 is taken out then our target WILL be 161.8 at 131, and that would be my 1000 pip drop
, 78.6 is supported by a bearish HD on the 4h charts and pretty close to 50ema.if we get to 161.8 we might reverse from there (since the charts have changed a bit) or continue downwards.
again, this pattern stands unless 141.50 is taken out (also 61.8 of the same setup)
karmo: i'm not going to argue with u on a stupid matter, but before u use someone else's system, please give them credit and don't claim it as ur own.
chart:
- #147,197
- Dec 8, 2008 5:50am Dec 8, 2008 5:50am
- Joined Oct 2007 | Status: Counter Trend, but not always! | 2,147 Posts
Could we see Doji at H4? We will know 28 minutes from now.
What I see now we have major resistance at 140.80
Discipline + Patience - Fear - Greed = Success
- #147,198
- Dec 8, 2008 5:53am Dec 8, 2008 5:53am
Hey pandora how's things? I don't see a doji forming on my H4 chart. The difference between broker's feed naturally. I have to wait another 4 hours to see something like a pattern. Nothing for now but I think this 140.75 might be tested again (if not higher)
- #147,200
- Dec 8, 2008 5:55am Dec 8, 2008 5:55am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
Hey pandora how's things? I don't see a doji forming on my H4 chart. The difference between broker's feed naturally. I have to wait another 4 hours to see something like a pattern. Nothing for now but I think this 140.75 might be tested again (if not higher)