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

  • #148,221
  • Dec 10, 2008 11:09pm Dec 10, 2008 11:09pm
there is a doji on 30min chart,
  • #148,222
  • Dec 10, 2008 11:15pm Dec 10, 2008 11:15pm
I guess it is difficult now to determine the direction
  • #148,223
  • Dec 10, 2008 11:17pm Dec 10, 2008 11:17pm
PA did stop at the 50ema but it tested the 50ema two candles back and rejected.

The RSX slope is trending toward the 70 so I feel the PA will continue higher before reversal at news time... If the TL breaks than I will close the long position...I am hedging this position for extra pips before the BIG DROP...200+pips so far on the pullback...

Although the auto deal worked out between the Bush administration and the House Democrats passed by a 237 to 170 vote, the bill will now move to the US Senate where Republican Senators stated they would oppose it, thus clouding the future of the bill’s passage.

This is negative to me...
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[
  • #148,224
  • Dec 10, 2008 11:19pm Dec 10, 2008 11:19pm
when is next voting ? the senate one ?
  • #148,225
  • Dec 10, 2008 11:19pm Dec 10, 2008 11:19pm
Trichet starts in 42 minutes, he's not talking yet.
Enter Signature
  • #148,226
  • Dec 10, 2008 11:20pm Dec 10, 2008 11:20pm
Quoting johninthai
Trichet starts in 42 minutes, he's not talking yet.
sorry, you are right !

diff. time zone
  • #148,227
  • Dec 10, 2008 11:21pm Dec 10, 2008 11:21pm
i'm going to miss work tomorrow and get fired....
  • #148,228
  • Dec 10, 2008 11:23pm Dec 10, 2008 11:23pm
Quoting pkimnyc
i'm going to miss work tomorrow and get fired....
so, be Focused and make a lot of PIPS bro..
  • #148,229
  • Dec 10, 2008 11:25pm Dec 10, 2008 11:25pm
Quoting Piters
so, be Focused and make a lot of PIPS bro..
i'm scared of dec. trading....
  • #148,230
  • Dec 10, 2008 11:29pm Dec 10, 2008 11:29pm
Quoting pkimnyc
i'm going to miss work tomorrow and get fired....
Join the club, lol
Trade what you see, not what you think.
  • #148,231
  • Dec 10, 2008 11:31pm Dec 10, 2008 11:31pm
Quoting karmostaji
Join the club, lol
thanks bro.
  • #148,232
  • Dec 10, 2008 11:32pm Dec 10, 2008 11:32pm
The right hand edge of the shaded zone is 144 candles from Monday's high, so a push up after LO before a pull back would be great. Otherwise my next time line is about 10 hours away.

I'll drop to my 5 min charts and start looking for a signal - none so far as the 34 ema is still rising, although at a slower rate....
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Trading Levels with WRBs
  • #148,233
  • Dec 10, 2008 11:40pm Dec 10, 2008 11:40pm
target 138.87 now at 50 gann ,qqe crossed already from down in h4 , hope this time it reach.if rejected again should come back h1 5ma 137.75?

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #148,234
  • Dec 10, 2008 11:45pm Dec 10, 2008 11:45pm
huge fears in the uk about the value of the pound when markets open
they will sell like theres no tomorrow and there might not be
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  • #148,235
  • Dec 10, 2008 11:48pm Dec 10, 2008 11:48pm
Quoting karmostaji
The past 2 days trading has been tough for me, lost some pips

no clear direction, when you think down, it goes up LOL

so, trying to keep trading at minimum until this beast decides what it wants to do.
Karmo I just tried one of your strategy to trade... that is If 1 Hr crosse up and a candle forms above Gann , wait for price to retrace to 1 Hr 5sma, and then go long.. made 112 pips .. Thanks Karmo..
Markets are not Random, they are designed!
  • #148,236
  • Dec 10, 2008 11:49pm Dec 10, 2008 11:49pm
looks like tl held
  • #148,237
  • Dec 10, 2008 11:54pm Dec 10, 2008 11:54pm
Quoting Raza
Karmo I just tried one of your strategey to trade... that is If 1 Hr crosse up and a candle forms above Gann , wait for price to retrace to 1 Hr 5sma, and then go long.. made 112 pips .. Thanks Karmo..
This is auslanco's strategy, but anyways well done
Trade what you see, not what you think.
  • #148,238
  • Dec 11, 2008 12:11am Dec 11, 2008 12:11am
Just caught a short at 38.52 on the 3rd try... figure it'll make or break this time a'rd..

55 pip stop and going to bed. careful trades all.
FUBAR...
  • #148,239
  • Dec 11, 2008 12:13am Dec 11, 2008 12:13am
Quoting ak4x
Just caught a short at 38.52 on the 3rd try... figure it'll make or break this time a'rd..

55 pip stop and going to bed. careful trades all.

grabbed .59 and 53 myself
"Millionaires don't use astrology, billionaires do"
  • #148,240
  • Dec 11, 2008 12:14am Dec 11, 2008 12:14am
morning all..

boy o boy its been difficult...i'm beginning to think intervention here...

this PA is all over the place....i gave up yesterday..trying to short this....

hopefully someone got a better explanation than i have...
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