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

  • #157,621
  • Feb 3, 2009 3:49am Feb 3, 2009 3:49am
hidden bearish div on 1D
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  • #157,622
  • Feb 3, 2009 3:50am Feb 3, 2009 3:50am
Quoting dzackfx
I guess it is called sideways

yeah right
  • #157,623
  • Feb 3, 2009 3:52am Feb 3, 2009 3:52am
Quoting dzackfx
2 pin bars in a row? look bearish to me. Market need to price in for possible (confirm!) rate cut this week.
I would say zero rate is already pretty much priced in. Don't trust the normal interest rate decisions at this time, 'cos a big cut could be positive for Sterling.
  • #157,624
  • Feb 3, 2009 4:04am Feb 3, 2009 4:04am
Quoting pips79
yeah right
as the rooster said
absent or weak trend
  • #157,625
  • Feb 3, 2009 4:06am Feb 3, 2009 4:06am
Hi,

I hope market is in sideway and care must be taken because it can move into any direction any moment from now. This is the time that a good trader needs more patient, rememeber that after consolidation market there's usually follow by nice move.

More patient is needed!!!!

Thanks

"IF YOU GIVE A MAN A FISH - HE WILL HAVE A SINGLE MEAL. IF YOU TEACH HIM HOW TO FISH - HE WILL EAT ALL HIS LIFE"
  • #157,626
  • Feb 3, 2009 4:20am Feb 3, 2009 4:20am
Quoting grashid
Since both H1/H4 below HILO am waiting H$ for to cross below 50 line.

Anyway I put :-

1. My sell limit @ 38.2% Fib @ 127.45 with my TP=126.45 for first 100pips
2. Then if price below 126.27 I set another sell stop@ 126.10 with TP @ my S2=124.66 or even lowe @ S3=122.73

Just watch out on right now..

I dun know about the other...Pls advice

Thanks
Manage to scalp with 250 pips and now my 1St pending order on his way...

If price above 128.45 then R1=129.71 could be reach for US time...
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  • #157,627
  • Feb 3, 2009 4:48am Feb 3, 2009 4:48am
Quoting puduman
Just a joke. Actually I love the british politeness (as well as japanese mentality). Besides many great examples of politeness, I was overwhelmed by the fact that british bus drivers wait for elder people to sit down before moving off. So you're right with your prejudice, FORX, you wouldn't see this in germany. There are a lot of things germans could learn from the british and japanese.

Nothing to worry about. No evil germans on board.
  • #157,628
  • Feb 3, 2009 4:56am Feb 3, 2009 4:56am
Quoting puduman
Just a joke. Actually I love the british politeness (as well as japanese mentality). Besides many great examples of politeness, I was overwhelmed by the fact that british bus drivers wait for elder people to sit down before moving off. So you're right with your prejudice, FORX, you wouldn't see this in germany. There are a lot of things germans could learn from the british and japanese.

Nothing to worry about. No evil germans on board.
don't call me evil or i will come for you with my german politeness
  • #157,629
  • Feb 3, 2009 5:02am Feb 3, 2009 5:02am
4hr Gann Hi-Li - Short
4hr QQE - Short + Short
4hr Stoc - crossing short
4hr 50 ema breached. (yet to close below but evening star candle forming)

1hr Multiple mixed signals. Need price to break 127.64 convincingly to form long.

15m - Gann + QQE + ema50 - Still short.
5m - Long signals.

We're also in range at the moment, so short scalps only for me until I see definitive break either way.
  • #157,630
  • Feb 3, 2009 5:39am Feb 3, 2009 5:39am
Looks like the rooster has gone to sleep, it didn't even squeak once in 3 hours now.
  • #157,631
  • Feb 3, 2009 5:50am Feb 3, 2009 5:50am
Anybody watching the H'nS formation on cable 1hr?
  • #157,632
  • Feb 3, 2009 5:52am Feb 3, 2009 5:52am
I used it its crashing my mt4 platform!!!!!!!!!!
check it now!!

Quoting forexlion
The Rooster

Here is the rooster indicator

Rules are simple, stronger the trend better is your trade

 

  1. 0-25 Absent or Weak Trend
  2. 25-50 Strong Trend
  3. 50-75 Very Strong Trend
  4. 75-100 Extremely Strong Trend

Avoid trading during the first 2 setups, a voice alert will sound when trend strength increases beyond 50.


.

  • #157,633
  • Feb 3, 2009 5:54am Feb 3, 2009 5:54am
Hey Forexlion,

Under which time frame do you use your indi?
and also how long have u backtested this indi?
and finally what's the success rate ??


Quoting forexlion
Looks like the rooster has gone to sleep, it didn't even squeak once in 3 hours now.
  • #157,634
  • Feb 3, 2009 6:29am Feb 3, 2009 6:29am
Quoting Dr.Geppynius
don't call me evil or i will come for you with my german politeness
Like I said: NO evil germans on board
(Psst, don't blow our cover mate!)
  • #157,635
  • Feb 3, 2009 6:43am Feb 3, 2009 6:43am
50ema being tested to the upside on 1hr and 4hr TFs.

But there's loads of potential traffic between 128 and 131. Have a small long which I will cut if it doesn't break 128.15 convincingly....

Also aware that this could be a large bear flag on the 1hr TF.
  • #157,636
  • Feb 3, 2009 6:55am Feb 3, 2009 6:55am
reached my target, later folks...
I recommend you read something else as this sentence is now concluded.
  • #157,637
  • Feb 3, 2009 7:06am Feb 3, 2009 7:06am
1 min h&s leads to 127.10 if NL breaks. Holding my short till there hopefully.
  • #157,638
  • Feb 3, 2009 7:26am Feb 3, 2009 7:26am
Quoting Petefaders
1 min h&s leads to 127.10 if NL breaks. Holding my short till there hopefully.
out
  • #157,639
  • Edited 7:44am Feb 3, 2009 7:33am | Edited 7:44am
Quoting perstoman
Hey Forexlion,

Under which time frame do you use your indi?
and also how long have u backtested this indi?
and finally what's the success rate ??
I am still testing it, its not final yet.

There are tons of missed trades in version 1

But, I will post an updated one on a separate thread later on when its done testing.

In essence I am working on entry and exits

.
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  • #157,640
  • Feb 3, 2009 7:34am Feb 3, 2009 7:34am
Quoting Petefaders
out
Nice.

Am holding a short. Think we've further to go....
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