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

  • #166,641
  • Mar 20, 2009 3:06am Mar 20, 2009 3:06am
gu blasted though short term resistance and pulled right up to the top.. it will be very interesting now.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #166,642
  • Mar 20, 2009 3:06am Mar 20, 2009 3:06am
Market is flat. I'm waiting for a good setup. PA on H1 and H4 suggests UP unless 136.20 breaks to the down side.
Discipline + Patience - Fear - Greed = Success
  • #166,643
  • Mar 20, 2009 3:07am Mar 20, 2009 3:07am
Quoting Eulogy
has everyone just disappeared lately?

anyway, just saw 2 consecutive large shadow low spread candle on M5 with abnormally high volume on MT4 platform. Could be stopping volume.
Yea, looking at my basic MT4 vol, I see buyers are still interested despite supply at 137.50 ish. I can see another push higher today until the big sell....
  • #166,644
  • Mar 20, 2009 3:07am Mar 20, 2009 3:07am
Quoting malcolmb14
why is it that newbies can do 10 x account in one month and i struggle to make 10% on account ...lol ?


any newbies out there want to manage my account ? lol
their only reporting their win streak.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #166,645
  • Mar 20, 2009 3:10am Mar 20, 2009 3:10am
choppy market today huh
  • #166,646
  • Mar 20, 2009 3:11am Mar 20, 2009 3:11am
Quoting england33
their only reporting their win streak.
I don't know if i'm seeing this right.. but looking at the volumes / price over the last 10 or so 5min bars they look to me like they might be setting up for a sell..

Let's see if it works out that way.

john
  • #166,647
  • Mar 20, 2009 3:14am Mar 20, 2009 3:14am
Quoting mjolimer
I don't know if i'm seeing this right.. but looking at the volumes / price over the last 10 or so 5min bars they look to me like they might be setting up for a sell..

Let's see if it works out that way.

john
could be but figure how much of a fall are we talking because the uptrend is strong.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #166,648
  • Edited 3:56am Mar 20, 2009 3:16am | Edited 3:56am
i have 137.29 for a short term support on gj none for gu and if it holds above should see new highs above 139.69/130.90 but it's hard to put a ceiling above that. .. if that fails it could drop to next support i have at 136.30 but uptrend is very strong. edit again but their may be support at 136.70..
edit 137.80 resistance,,, looking at too many charts.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #166,649
  • Mar 20, 2009 3:25am Mar 20, 2009 3:25am
pound pushing hard against the euro. that will be interesting. support .9391
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #166,650
  • Mar 20, 2009 3:49am Mar 20, 2009 3:49am
Quoting Eulogy
LOL tell MM to dzackfx. Great work on that 10x account in 1 month but your margin usage must have either been insane or you put in a insane number of trades!


Yes, I need to bring down my margin usage significantly!!. I did not follow rules. I'm using 6% right now ... used to go as high as 10%.
  • #166,651
  • Mar 20, 2009 3:57am Mar 20, 2009 3:57am
page 11111
  • #166,652
  • Mar 20, 2009 4:07am Mar 20, 2009 4:07am
Quoting pino2
page 11111
I can only imagine what happened at page 666.
Just noticed your post count too.
  • #166,653
  • Mar 20, 2009 4:22am Mar 20, 2009 4:22am
Guys can somebody posting the link of all indicator stated...I just manage to set-up my dekstop as my laptop is gone with hard disk crash...

Thanks..
  • #166,654
  • Mar 20, 2009 4:41am Mar 20, 2009 4:41am
Quoting grashid
Guys can somebody posting the link of all indicator stated...I just manage to set-up my dekstop as my laptop is gone with hard disk crash...

Thanks..
if you click on the attachments (paperclip icon) in the top right corner you can get any that are listed on this thread and other threads... they are the one's with yellow icons. just create a folder on your desk top and click on each one and you'll get all the indi's listed on this thread. if your just interested in the one's for this system such as qqe ect their at the beginning pages of this thread. you can also download them directly to your indicators folder but i've had trouble with that in the past so i only do a few at a time.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #166,655
  • Mar 20, 2009 4:48am Mar 20, 2009 4:48am
Quoting malcolmb14
looks like gj 60 min wants to roll off the top of channel and the 50 sma ...

seems that way


Attachment
as lond as this 15 min resistance not broken i will hold on my short and wait till it got broken...gj have something to do on the down side before flying up again.. my channel still hold and giving red signal not to accept this touch...200 ema touched not broken..i will wait for the clear signal.
Attached Image (click to enlarge)
Click to Enlarge Name: current.gif Size: 30 KB
MY OPINION NOT FINANCIAL ADVISE
  • #166,656
  • Mar 20, 2009 4:48am Mar 20, 2009 4:48am
Quoting england33
if you click on the attachments (paperclip icon) in the top right corner you can get any that are listed on this thread and other threads... they are the one's with yellow icons. just create a folder on your desk top and click on each one and you'll get all the indi's listed on this thread. if your just interested in the one's for this system such as qqe ect their at the beginning pages of this thread. you can also download them directly to your indicators folder but i've had trouble with that in the past so i only do a few at a time.
Thanks England..
  • #166,657
  • Mar 20, 2009 4:50am Mar 20, 2009 4:50am
i shorted gu but i couldn't wait to get out so i dumped after i got breakeven. made some pips but not much.. we'll see what happens.. it's a tough market. suggestion is to stay out if your not sure about your strategy.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #166,658
  • Mar 20, 2009 4:51am Mar 20, 2009 4:51am
Quoting grashid
Thanks England..
sure Grashid anytime! if you just need a specific one let us know but that's the best way to be fully equipped.

i had a crash myself last month and it was painstaking to restart over with and the work i lost. lesson learned to back up and keep the computer up to date.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #166,659
  • Mar 20, 2009 4:51am Mar 20, 2009 4:51am
Possible inverse H&S on 4hr. If pattern plays out we can project the target around 800-1000 pips to the upside from its break point thus price will be trading at 146-148, right where i have dayly uptrend channels UTL(red).
Attached Image (click to enlarge)
Click to Enlarge Name: gbp_jpy_h4_inverseh&s.jpg Size: 108 KB
  • #166,660
  • Mar 20, 2009 4:56am Mar 20, 2009 4:56am
gj.. i'm amazed at the strength at these levels. i see a little bit of an up trend channel minus the fluctuations. if that holds it could move higher unless price starts to break.. support 137.28
Before Forex I was tall, and clean shaven. Now I am an Ewok.
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