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

  • #156,341
  • Jan 28, 2009 3:52am Jan 28, 2009 3:52am
Quoting Dr.Geppynius
thanks for explaining that to me.
lol...that is unless someone can find a way to move 128 ABOVE 131. Is there an indicator for that???
  • #156,342
  • Jan 28, 2009 3:52am Jan 28, 2009 3:52am
Quoting shelby
are you trading GBP/USD or just trying to make a point. i see you guys trading GJ. but it's to volatile for me. so i am trying to trade G/U. what is your view on a medium term like a week. sorry if this is a stupid question.

I am trading both pairs., As I posted few times today, about GY and GU..
there are targets, but first, we have to close above that trendline, we are testing now... (please look my posts and charts).. so the bull move to continue.. we have to break, or bounce from there... I am waiting on both directions.. Clear break, and we test new level, bounce and confirmation, we retracing.. .

same for GY...

Watch that TL, and the Breakout of: (WHEN.... IF.... THEN.... ELSE)
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  • #156,343
  • Jan 28, 2009 3:55am Jan 28, 2009 3:55am
Quoting ukdaytrader
Another choppy day so far on the lower TFs. If in doubt, look at 1hr and 4hr and trade the same direction.

My view is the big boys want more longs on the train before they derail it. We just have to be ready to jump off quickly....
I think the problem is the "big boys" are taking a few days off...this PA seems fueled by retails traders (idiots )
  • #156,344
  • Jan 28, 2009 3:55am Jan 28, 2009 3:55am
Unrelated to the discussion, but does anyone know if it's possible to show the mouse crosshairs on an MT4 chart? I'm used to Oanda, so miss not having them.
  • #156,345
  • Jan 28, 2009 3:57am Jan 28, 2009 3:57am
Quoting cancunkev
lol...that is unless someone can find a way to move 128 ABOVE 131. Is there an indicator for that???

hee hee sorry you did not understand unless we see candles holding above 128 i meant we will not have a chance of keep going up to r2 and then 3

of course 130 is higher than 128 this is not what i was saying but hey i see the funny side.
Private Account Manager & Trader since 1999
  • #156,346
  • Jan 28, 2009 3:58am Jan 28, 2009 3:58am
Quoting ukdaytrader
Unrelated to the discussion, but does anyone know if it's possible to show the mouse crosshairs on an MT4 chart? I'm used to Oanda, so miss not having them.
should be top left corner ''+'' thingy in mt4's toolbar, if thats what you mean...

Otherwise, CTRL+ F
  • #156,347
  • Jan 28, 2009 3:59am Jan 28, 2009 3:59am
Quoting kasprouch
should be top left corner ''+'' thingy in mt4's toolbar, if thats what you mean...
That's exactly what I mean. Thank you.
  • #156,348
  • Jan 28, 2009 4:06am Jan 28, 2009 4:06am
Quoting yentastic
hee hee sorry you did not understand unless we see candles holding above 128 i meant we will not have a chance of keep going up to r2 and then 3

of course 130 is higher than 128 this is not what i was saying but hey i see the funny side.
I knew what you meant...just joking, trying to pass the time as I wait to see some direction here
  • #156,349
  • Jan 28, 2009 4:08am Jan 28, 2009 4:08am
Quoting cancunkev
I think the problem is the "big boys" are taking a few days off...this PA seems fueled by retails traders (idiots )
all retail traders together have enough power to move the markets for a hand full of pips.
  • #156,350
  • Jan 28, 2009 4:09am Jan 28, 2009 4:09am
Quoting Dr.Geppynius
all retail traders together have enough power to move the markets for a hand full of pips.
No doubt...but they never trade alike...so direction is all "wierd"
  • #156,351
  • Jan 28, 2009 4:11am Jan 28, 2009 4:11am
Quoting ukdaytrader
That's exactly what I mean. Thank you.
no probs
  • #156,352
  • Jan 28, 2009 4:16am Jan 28, 2009 4:16am
Quoting cancunkev
No doubt...but they never trade alike...so direction is all "wierd"
retail trader action has no significance to the movement
  • #156,353
  • Jan 28, 2009 4:19am Jan 28, 2009 4:19am
Quoting Dr.Geppynius
retail trader action has no significance to the movement
so retail traders can move the market but there trades have no significance to the markets movement?...

it has been a long day for all of us I guess...anyway back to trading....or waiting
  • #156,354
  • Jan 28, 2009 4:22am Jan 28, 2009 4:22am
This is some really lame price movement. I was on fire beginning of the week but now I have no clue where price is heading. I still think price will "creep up" to 129.30 and then drop like a rock from there.
  • #156,355
  • Jan 28, 2009 4:26am Jan 28, 2009 4:26am
The timing is close... we are very close to BREAKOUT to up or down side..
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  • #156,356
  • Jan 28, 2009 4:28am Jan 28, 2009 4:28am
Quoting Piters
The timing is close... we are very close to BREAKOUT to up or down side..
with my luck, she will break right when i fall asleep

so if everyone wants her to move, send me 10 pip each, i'll fall asleep and then everyone can win pip? lol
  • #156,357
  • Jan 28, 2009 4:29am Jan 28, 2009 4:29am
Quoting mirex
with my luck, she will break right when i fall asleep

so if everyone wants her to move, send me 10 pip each, i'll fall asleep and then everyone can win pip? lol
np, send me PM with your acc#
  • #156,358
  • Jan 28, 2009 4:30am Jan 28, 2009 4:30am
anybody here use donchian channels at all?
  • #156,359
  • Jan 28, 2009 4:35am Jan 28, 2009 4:35am
Quoting Piters
The timing is close... we are very close to BREAKOUT to up or down side..
That's what I'm seeing too Piters. There's a chance this week's upmove could be one big bear flag from 136.

If this thing does break north, I will be monitoring volume very carefully at resistance levels for signs of low/high vol upthrust and little or no follow through.
  • #156,360
  • Jan 28, 2009 4:37am Jan 28, 2009 4:37am
Quoting NwFXenthsist
anybody here use donchian channels at all?
very simmilar to Gann.

Donchian plots HI and LOw of the bar, Gann HILO plots average of that ! Just compare
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