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

  • #173,461
  • Apr 27, 2009 5:27pm Apr 27, 2009 5:27pm
Quoting StarChild
hey guys I see a nice hammer on the daily...on my fx sol platform we get new daily at 5pm...pin bar
nice one star.
  • #173,462
  • Apr 27, 2009 5:27pm Apr 27, 2009 5:27pm
Am i in the midst of FX GURU or whats happening, i thought this thread was opened to help we the new traders?
  • #173,463
  • Apr 27, 2009 5:35pm Apr 27, 2009 5:35pm
channel

I will be watching this channel in Asia. If we are to test the 140.60 level and symmetry remains balanced we should hit target with in 5 hours.

As long as 141.80 is not broken to the upside i shall be selling rallies in Asian session


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  • #173,464
  • Apr 27, 2009 5:35pm Apr 27, 2009 5:35pm
Quoting StarChild
hey guys I see a nice hammer on the daily...on my fx sol platform we get new daily at 5pm...pin bar

star that isnt a hammer im sorry to say are you hoping for a hammer

all the best
  • #173,465
  • Apr 27, 2009 5:37pm Apr 27, 2009 5:37pm
Quoting cohiba pips
star that isnt a hammer im sorry to say are you hoping for a hammer

all the best
could you tell us what it is then?
  • #173,466
  • Apr 27, 2009 5:42pm Apr 27, 2009 5:42pm
Quoting pkimnyc
could you tell us what it is then?

too much shawdow wick showing to be a true hammer maybe a mallet

plus we are not finished with this daily candle
  • #173,467
  • Apr 27, 2009 5:43pm Apr 27, 2009 5:43pm
Quoting malcolmb14
channel

I will be watching this channel in Asia. If we are to test the 140.60 level and symmetry remains balanced we should hit target with in 5 hours.

As long as 141.80 is not broken to the upside i shall be selling rallies in Asian session


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lol forget 5 hours i meant 5 min.... lol
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  • #173,468
  • Apr 27, 2009 5:44pm Apr 27, 2009 5:44pm
Quoting cohiba pips
too much shawdow wick showing to be a true hammer maybe a mallet

plus we are not finished with this daily candle
thank you
  • #173,469
  • Apr 27, 2009 5:51pm Apr 27, 2009 5:51pm
Quoting cohiba pips
star that isnt a hammer im sorry to say are you hoping for a hammer

all the best

it is hammer on mt4 .. esignal not a hammer .. depends when your daily candle opens and closes.

I have mine set for opening at London open as i like to have volume histogram of london session for use during Us session
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  • #173,470
  • Apr 27, 2009 5:56pm Apr 27, 2009 5:56pm
Quoting malcolmb14
lol ... there is no traidng right now .... the time you were posting was US market open. Now is time to kick back and have a little fun
that woodpecker (141.00) would have to go
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  • #173,471
  • Apr 27, 2009 5:59pm Apr 27, 2009 5:59pm
Quoting pkimnyc
thank you
im no expert but the markets are looking dodge around these levels and with the previous candles compared to the last year plus conditions at the moment it would be wishful thinking that the pound could rally

so imo when i trade i try and look at all three plus

would you call that a true hammer - i cant day trade any more so im learning the art of swinging so im interested in your anaylsis of the daily candle even though it hasnt closed
  • #173,472
  • Apr 27, 2009 6:03pm Apr 27, 2009 6:03pm
Quoting malcolmb14
it is hammer on mt4 .. esignal not a hammer .. depends when your daily candle opens and closes.

I have mine set for opening at London open as i like to have volume histogram of london session for use during Us session
oki doki i'll be back when i can chart otherwise i might say someting out off line so star mk lets play the hammer formation
  • #173,473
  • Edited 6:18pm Apr 27, 2009 6:06pm | Edited 6:18pm
Quoting cohiba pips
im no expert but the markets are looking dodge around these levels and with the previous candles compared to the last year plus conditions at the moment it would be wishful thinking that the pound could rally

so imo when i trade i try and look at all three plus

would you call that a true hammer - i cant day trade any more so im learning the art of swinging so im interested in your anaylsis of the daily candle even though it hasnt closed
weekly macd is diverging down but the daily is kind of toying with us right now. i see further down. weekly macd: 3 bars (histogram) diverged down. macd daily (histogram) is forming what appears to be a bottom (not higher lows yet). a short term ew count says at leat one more leg down before any retracement or reversal.
  • #173,474
  • Apr 27, 2009 6:10pm Apr 27, 2009 6:10pm
Quoting forexlion
that woodpecker (141.00) would have to go

yup seems 141 support right now . i closed 5 lots there and moved stop +20 other half
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  • #173,475
  • Apr 27, 2009 6:13pm Apr 27, 2009 6:13pm
Quoting cohiba pips
oki doki i'll be back when i can chart otherwise i might say someting out off line so star mk lets play the hammer formation

i do not know how anyone can play gj daily ..... that requires nerves of steel ...

here is my daily .. no hammer ... just a mallet

145 is key pivot right now IMHO...below that selling rallies on 15 min seems to be working

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  • #173,476
  • Apr 27, 2009 6:26pm Apr 27, 2009 6:26pm
Quoting malcolmb14
yup seems 141 support right now . i closed 5 lots there and moved stop +20 other half
It's gone, next support please .. http://www.forexfactory.com/images/icons/icon10.gif
  • #173,477
  • Apr 27, 2009 6:33pm Apr 27, 2009 6:33pm
Quoting mktjong
It's gone, next support please .. http://www.forexfactory.com/images/icons/icon10.gif

every had one of those old style electric meters that ran out of money ....?????

for next installament of gj support please add more money to machine ..lol

test 140.6 then 140 is that does not hold .....

odd how this mark down is before Tokyo gets going though
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  • #173,478
  • Apr 27, 2009 6:38pm Apr 27, 2009 6:38pm
still looks bearish
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  • #173,479
  • Apr 27, 2009 6:39pm Apr 27, 2009 6:39pm
I really do like Asian session for day trading better than US or London , last 2 weeks the moves have been much more directional and it seems that 100 pip is relatively straight forward to obtain
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  • #173,480
  • Apr 27, 2009 6:44pm Apr 27, 2009 6:44pm
Quoting malcolmb14
I really do like Asian session for day trading better than US or London , last 2 weeks the moves have been much more directional and it seems that 100 pip is relatively straight forward to obtain
I have noticed some price manipulation leading up to the Tokyo fix.
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