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

  • #162,361
  • Feb 25, 2009 1:09pm Feb 25, 2009 1:09pm
Quoting OrionsWay
went long, real @4209 cable sl 50 PL until something changes

covered 4193
"Millionaires don't use astrology, billionaires do"
  • #162,362
  • Feb 25, 2009 1:10pm Feb 25, 2009 1:10pm
I think we will go to 132.00 , so dip sell
any coment
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  • #162,363
  • Feb 25, 2009 1:32pm Feb 25, 2009 1:32pm
Quoting forexlion
i am the laziest programmer in the world.
I see
  • #162,364
  • Feb 25, 2009 1:34pm Feb 25, 2009 1:34pm
God, when will I learn to read the charts correctly.

Messed up badly with -112 there.

This was a correction into 136.67
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  • #162,365
  • Feb 25, 2009 1:34pm Feb 25, 2009 1:34pm
Quoting OrionsWay
Godfrey, did you get my last comments i sent to you about what we were talking abiout?
Yes, I'm looking at them now.
  • #162,366
  • Feb 25, 2009 1:37pm Feb 25, 2009 1:37pm
Quoting GodfreyH
I see
even google is one of the laziest in the world, they just got one search box on the home page.

yahoo stuffed its home page, but still cannot beat google as world number 1
  • #162,367
  • Feb 25, 2009 1:37pm Feb 25, 2009 1:37pm
Quoting GodfreyH
Yes, I'm looking at them now.
Amen brother
"Millionaires don't use astrology, billionaires do"
  • #162,368
  • Feb 25, 2009 1:50pm Feb 25, 2009 1:50pm
Quoting forexlion
make an EA for me with a simple concept.

but first let me know if it will work.

start with 15 min ema 50

if price is above ema 50, if rsi is above 60 then buy and trail it with an sl.

if price is below ema 50 and rsi is below 40 then sell with trailing sl.,

that should take care of the flat markets and trending markets.

forexlion ,,, what the period you use with rsi ,,,?
  • #162,369
  • Feb 25, 2009 1:59pm Feb 25, 2009 1:59pm
cpl daily added support line angles should we let go of the current support, which seems inevitable at this point
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"Millionaires don't use astrology, billionaires do"
  • #162,370
  • Edited 2:12pm Feb 25, 2009 2:10pm | Edited 2:12pm
anybody care for monthly pivots? because while looking at daily chart i've found that the latest upmove stopped on monthly R1
I recommend you read something else as this sentence is now concluded.
  • #162,371
  • Feb 25, 2009 2:15pm Feb 25, 2009 2:15pm
can somebody please explain to me how this makes any sense,today i was looking at the usd strengthening against the jpy and the gbp strengthening against the usd but stil the gbp/jpy was going down at the same time,logically it should have gone through the roof
  • #162,372
  • Feb 25, 2009 2:21pm Feb 25, 2009 2:21pm
Quoting sometospend
can somebody please explain to me how this makes any sense,today i was looking at the usd strengthening against the jpy and the gbp strengthening against the usd but stil the gbp/jpy was going down at the same time,logically it should have gone through the roof
U got it wrong Yen weakened against USD and cable weakened against usd creating weak geppy

gbpusd down is sterling losing value up sterling is strengthening

usdjpy up is yen weakening and down is yen strengthening

everything is in relationship to the front pair
"Millionaires don't use astrology, billionaires do"
  • #162,373
  • Feb 25, 2009 2:28pm Feb 25, 2009 2:28pm
Quoting sometospend
can somebody please explain to me how this makes any sense,today i was looking at the usd strengthening against the jpy and the gbp strengthening against the usd but stil the gbp/jpy was going down at the same time,logically it should have gone through the roof
man your hypothesis made me talkin' to myself!
gbp is weakening against dollar, i guess somebody bought dollar rapidly OR, gbpusd been sold rapidly, both will give the same result
I recommend you read something else as this sentence is now concluded.
  • #162,374
  • Feb 25, 2009 2:33pm Feb 25, 2009 2:33pm
Quoting OrionsWay
U got it wrong Yen weakened against USD and cable weakened against usd creating weak geppy

gbpusd down is sterling losing value up sterling is strengthening

usdjpy up is yen weakening and down is yen strengthening

everything is in relationship to the front pair
u right sorry about that i made the mistake
  • #162,375
  • Feb 25, 2009 2:38pm Feb 25, 2009 2:38pm
Quoting freed123
forexlion ,,, what the period you use with rsi ,,,?
if the sun rises in the north then on 15 min, if it rises from the south then on 1 hour, but if it rises from the east then 4 hour is the best.
  • #162,376
  • Feb 25, 2009 2:39pm Feb 25, 2009 2:39pm
i have to ask u question,between these pairs i just stated is there a more influential pair that could drag the others with it regardless of their support and resistance levels or they have the same effect on each other,is there a leading pair
  • #162,377
  • Feb 25, 2009 2:47pm Feb 25, 2009 2:47pm
Quoting sometospend
i have to ask u question,between these pairs i just stated is there a more influential pair that could drag the others with it regardless of their support and resistance levels or they have the same effect on each other,is there a leading pair

no corelation at all really, BUT take a look at a strong trend look euro, gbp, over the years this was all due to the weakening dollar. tables are turned now they all work in relationship to each other for to weaken one strengthens the other, sorry if confusing but LT trend identifies the relationship.

Basically the world against the USD now USD strong so everything will be weak
"Millionaires don't use astrology, billionaires do"
  • #162,378
  • Feb 25, 2009 3:07pm Feb 25, 2009 3:07pm
Quoting forexlion
if the sun rises in the north then on 15 min, if it rises from the south then on 1 hour, but if it rises from the east then 4 hour is the best.

Thanks for the physics lesson,

but I Ask for the rsi indicator settings,,period value
  • #162,379
  • Feb 25, 2009 3:09pm Feb 25, 2009 3:09pm
Quoting forexlion
even google is one of the laziest in the world, they just got one search box on the home page.

yahoo stuffed its home page, but still cannot beat google as world number 1
, anyway, I just whipped this up, you can backtest it and optimize it. Initial tests not very impressive though.
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  • #162,380
  • Feb 25, 2009 3:13pm Feb 25, 2009 3:13pm
Quoting sometospend
can somebody please explain to me how this makes any sense,today i was looking at the usd strengthening against the jpy and the gbp strengthening against the usd but stil the gbp/jpy was going down at the same time,logically it should have gone through the roof
What?
GBP got smackdown last night.
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