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

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  • Post #155,941
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  • Jan 26, 2009 7:36pm Jan 26, 2009 7:36pm
  •  Flem26
  • | Joined Apr 2008 | Status: I Was But the Learner | 973 Posts
Quoting malcolmb14
Disliked
which pair...? i will have a look if you like for second opinion
Ignored
cad/chf. thanks in advance for your help.
"Don't trade to trade . . . trade to win." - James16
 
 
  • Post #155,942
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  • Jan 26, 2009 7:57pm Jan 26, 2009 7:57pm
  •  kris
  • | Membership Revoked | Joined Nov 2007 | 157 Posts
For GBP/USD,

Price may be going down again, it has bounced from 38Fib level of last downtrend in 4H.

Sell 1.3932, TP: 1.3750 SL:1.4010

That will be my trade today.
{Promotion Removed}
 
 
  • Post #155,943
  • Quote
  • Jan 26, 2009 8:08pm Jan 26, 2009 8:08pm
  •  malcolmb14
  • Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,883 Posts
Quoting kris
Disliked
For GBP/USD,

Price may be going down again, it has bounced from 38Fib level of last downtrend in 4H.

Sell 1.3932, TP: 1.3750 SL:1.4010

That will be my trade today.
Ignored

not sure Kris

I think we only retrace to 38 % fib and dp at 1.3875

i think the 61.8% retrace is to aggressive .... but good luck
Blogging daily now at www.volume.zone
 
 
  • Post #155,944
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  • Jan 26, 2009 8:09pm Jan 26, 2009 8:09pm
  •  malcolmb14
  • Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,883 Posts
Quoting Flem26
Disliked
cad/chf. thanks in advance for your help.
Ignored


short is good to .9000 I think cad or chf are not big movers in Asia

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Blogging daily now at www.volume.zone
 
 
  • Post #155,945
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  • Jan 26, 2009 8:13pm Jan 26, 2009 8:13pm
  •  Flem26
  • | Joined Apr 2008 | Status: I Was But the Learner | 973 Posts
Quoting malcolmb14
Disliked
short is good to .9000 I think cad or chf are not big movers in Asia

Attachment 196745
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appreciate it man. i think dr. g said you live in canada. Which province?
"Don't trade to trade . . . trade to win." - James16
 
 
  • Post #155,946
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  • Jan 26, 2009 8:18pm Jan 26, 2009 8:18pm
  •  Eulogy
  • | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
Quoting malcolmb14
Disliked
short is good to .9000 I think cad or chf are not big movers in Asia

Attachment 196745
Ignored
CHF cross pairs haven't been a big mover in anything lately.
 
 
  • Post #155,947
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  • Jan 26, 2009 8:18pm Jan 26, 2009 8:18pm
  •  malcolmb14
  • Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,883 Posts
Quoting Flem26
Disliked
appreciate it man. i think dr. g said you live in canada. Which province?
Ignored

lol ... British Columbia .. Vancouver
Blogging daily now at www.volume.zone
 
 
  • Post #155,948
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  • Jan 26, 2009 8:19pm Jan 26, 2009 8:19pm
  •  oleevier
  • | Joined Jul 2007 | Status: hack the forex ;) | 207 Posts
Quoting malcolmb14
Disliked
short is good to .9000 I think cad or chf are not big movers in Asia

Attachment 196745
Ignored
agreed
i dont trade this pair , my broker doesnt allow to
but on my demo account i made some quick analysis
and it looks as a very good short setup
my tp first would be 9100

but when 4h triangle will breake down
there is 1W big wave down to make new lowest low

imho
 
 
  • Post #155,949
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  • Jan 26, 2009 8:20pm Jan 26, 2009 8:20pm
  •  malcolmb14
  • Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,883 Posts
Quoting Eulogy
Disliked
CHF cross pairs haven't been a big mover in anything lately.
Ignored

true but less heart pounding than the GJ...lol
Blogging daily now at www.volume.zone
 
 
  • Post #155,950
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  • Jan 26, 2009 8:29pm Jan 26, 2009 8:29pm
  •  Flem26
  • | Joined Apr 2008 | Status: I Was But the Learner | 973 Posts
Quoting malcolmb14
Disliked
lol ... British Columbia .. Vancouver
Ignored
BC? Love visiting that place. I'm in cold and snowy Saskatchewan (boo).
"Don't trade to trade . . . trade to win." - James16
 
 
  • Post #155,951
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  • Jan 26, 2009 8:31pm Jan 26, 2009 8:31pm
  •  cohiba pips
  • | Joined Nov 2007 | Status: Member | 1,839 Posts
Quoting malcolmb14
Disliked
true but less heart pounding than the GJ...lol
Ignored
i might pound something in a minute
 
 
  • Post #155,952
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  • Jan 26, 2009 9:30pm Jan 26, 2009 9:30pm
  •  cohiba pips
  • | Joined Nov 2007 | Status: Member | 1,839 Posts
not many sellers my fella crocs
 
 
  • Post #155,953
  • Quote
  • Jan 26, 2009 10:01pm Jan 26, 2009 10:01pm
  •  MykeFX
  • | Joined Dec 2007 | Status: Member | 545 Posts
Just grabbed a nice 50+ pips on the upmove, closed at 125.92
 
 
  • Post #155,954
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  • Jan 26, 2009 10:10pm Jan 26, 2009 10:10pm
  •  PandoraBox
  • Joined Apr 2007 | Status: Senior Principal Trader | 2,685 Posts
Breakout. GJ need to break the resistance (blue line).
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  • Post #155,955
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  • Jan 26, 2009 10:12pm Jan 26, 2009 10:12pm
  •  newkidfx
  • | Joined Aug 2008 | Status: Member | 133 Posts
Quoting MykeFX
Disliked
Just grabbed a nice 50+ pips on the upmove, closed at 125.92
Ignored
Nice Mike I bet we can see 128 by this week
 
 
  • Post #155,956
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  • Jan 26, 2009 10:17pm Jan 26, 2009 10:17pm
  •  cohiba pips
  • | Joined Nov 2007 | Status: Member | 1,839 Posts
Quoting PandoraBox
Disliked
Breakout. GJ need to break the resistance (blue line).
Ignored
whats your thinking pandora if it does break
 
 
  • Post #155,957
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  • Jan 26, 2009 10:23pm Jan 26, 2009 10:23pm
  •  Scrat
  • Joined Jan 2007 | Status: Member | 3,719 Posts
nervous little beast...
Nihil Sine Deo.
 
 
  • Post #155,958
  • Quote
  • Jan 26, 2009 10:26pm Jan 26, 2009 10:26pm
  •  mirex
  • | Joined Dec 2008 | Status: Member | 408 Posts
Quoting Scrat
Disliked
nervous little beast...
Ignored
lol tell me about it ><

Scrat, where do you think this will go? i'm showing upper trend line at 131 but some other mention something about 129, i dont see anything here except prior support, trendline from last high 140 and 135 land right around 131??
 
 
  • Post #155,959
  • Quote
  • Jan 26, 2009 10:27pm Jan 26, 2009 10:27pm
  •  Scrat
  • Joined Jan 2007 | Status: Member | 3,719 Posts
126.20 first. then we'll see.

Quoting mirex
Disliked
lol tell me about it ><

Scrat, where do you think this will go? i'm showing upper trend line at 131 but some other mention something about 129, i dont see anything here except prior support, trendline from last high 140 and 135 land right around 131??
Ignored
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Nihil Sine Deo.
 
 
  • Post #155,960
  • Quote
  • Jan 26, 2009 10:35pm Jan 26, 2009 10:35pm
  •  mirex
  • | Joined Dec 2008 | Status: Member | 408 Posts
Quoting Scrat
Disliked
127.30 first. then we'll see.
Ignored
what's there? prior support? i see daily 14ma at that area, daily pivot is 129.30 which is also prior major support. hmm i see 38 fib from the big down move too. interesting..
 
 
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