Dislikedround 1 about 8 inches
u gotta be a buyer down here, fari warningIgnored
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #163,202
- Mar 2, 2009 9:29am Mar 2, 2009 9:29am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
will do the same.
wave 4 is usually sidewave so we may range between 137.60 - 136.60 for awhile. . . A break of 136.40 will be the 1st signal that wave 4 has completed.
- #163,203
- Mar 2, 2009 9:30am Mar 2, 2009 9:30am
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
check out 30 min chart - looks like 5 wave down pattern in which we appear to be in the 4th wave (sideways). . .if wave 3 equals wave 5 minimum price should end at 134/133 area before we see any major correction back up. . .
wave 4 is usually sidewave so we may range between 137.60 - 136.60 for awhile. . . A break of 136.40 will be the 1st signal that wave 4 has completed.
- #163,204
- Mar 2, 2009 9:35am Mar 2, 2009 9:35am
- Joined Oct 2008 | Status: aka Neal Vanderstelt | 2,902 Posts
Before Forex I was tall, and clean shaven. Now I am an Ewok.
- #163,206
- Mar 2, 2009 9:42am Mar 2, 2009 9:42am
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
What is that indicator you have on to show S&R damonl?
"Keep your eyes on the helpers" - Mr. Rogers
- #163,208
- Mar 2, 2009 9:53am Mar 2, 2009 9:53am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
timmmmmmmmmmmmmmmmmmmmmmmber!
gu getting hit hard. . .
gu getting hit hard. . .
- #163,209
- Mar 2, 2009 9:55am Mar 2, 2009 9:55am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #163,212
- Mar 2, 2009 9:57am Mar 2, 2009 9:57am
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
timmmmmmmmmmmmmmmmmmmmmmmber!
gu getting hit hard. . .
- #163,213
- Mar 2, 2009 9:59am Mar 2, 2009 9:59am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
no nothing major Q just that today is a buy day and generally 2 days upswings occur from that buy day lo today
yeah i was thinkn if 136.20/40 does not get breach soon then we'll probably see a try for the upside. . . still watching and waiting! I still favor shorts to at least 134.50 area. . . might have to sell it higher but we'll see. . .
- #163,214
- Mar 2, 2009 10:00am Mar 2, 2009 10:00am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
- #163,215
- Mar 2, 2009 10:03am Mar 2, 2009 10:03am
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
Nothing special that I am aware of. Murrey has a formula for creating these lines. I tried to do it manually once, but it was too much work for lots of charts. Hopefully this indicator is based upon that logic. Lines always look prety good to me though
Thank you. Any special settings? Also i wonder how does it draw these lines?
"Keep your eyes on the helpers" - Mr. Rogers
- #163,216
- Mar 2, 2009 10:09am Mar 2, 2009 10:09am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
really nice channel .....136.60 to 137.60
4 times in channel last 2 hours with 30 minutes top to bottom of channel
just took another sell off top channel 137.55 with 30 pips stop
Attachment
testing lows ...if now buyers show up we could break to 136 and lower , just need the Uj to roll over and die.
as this forum has become a signal service .. hope you all took this one ....lol
another 100 in the bank for the morning ....
2 trillion pips for me today ....
Blogging daily now at www.volume.zone
- #163,217
- Mar 2, 2009 10:12am Mar 2, 2009 10:12am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Nothing special that I am aware of. Murrey has a formula for creating these lines. I tried to do it manually once, but it was too much work for lots of charts. Hopefully this indicator is based upon that logic. Lines always look prety good to me though
Blogging daily now at www.volume.zone
- #163,218
- Mar 2, 2009 10:17am Mar 2, 2009 10:17am
testing lows ...if now buyers show up we could break to 136 and lower , just need the Uj to roll over and die.
as this forum has become a signal service .. hope you all took this one ....lol
another 100 in the bank for the morning ....
2 trillion pips for me today ....
- #163,219
- Mar 2, 2009 10:17am Mar 2, 2009 10:17am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
The 135.00 zone is the critical zone for reversal or continuation downtrend toward a new low
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