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

  • #186,161
  • Jul 28, 2009 5:41am Jul 28, 2009 5:41am
Quoting warta
hahaha macedonia i can accept it from u , u r a lovely bro

remember trend is ur friend
To tell you the truth, i don't use volume. because i can't understand it, not because it does not work. But S&R points a very important and will back you on that. But indicators should not be ignored aswell. just have to know how to use them. i use ma's alot and works for me. majority of the time they line up at S&R points. Gann for example, how many times do we here about price bouncing of gann? do you or anybody know what the Gan is? answer= 10 sma high price and 10 sma low.

I LOVE MA's
  • #186,162
  • Jul 28, 2009 5:46am Jul 28, 2009 5:46am
Quoting Macedonia
To tell you the truth, i don't use volume. because i can't understand it, not because it does not work. But S&R points a very important and will back you on that. But indicators should not be ignored aswell. just have to know how to use them. i use ma's alot and works for me. majority of the time they line up at S&R points. Gann for example, how many times do we here about price bouncing of gann? do you or anybody know what the Gan is? answer= 10 sma high price and 10 sma low.

I LOVE MA's
thats gr8 bro but there is something we have to remember always , any MA follow the PA and repaint with any drop for exp. so thats why i dont trust those instrument aswell even volume if u open the 1 min chart u can find the bar going up and down and changing color when the PA change ... wuteva

we all start with indicators .. sooner or later we will find out that not gona help us alot in our trade
i only look after stoch for OS & OB thats
well wish u all the best in ur trade
bless u
  • #186,163
  • Jul 28, 2009 5:54am Jul 28, 2009 5:54am
But talk about price action,

A) three days ago the candle closed a nice bulish candle.
B) two days ago, candle was a inside bar
C) yesturday, candle is a bullish engulfing. And closed above trend line

I read and hear alot about PA. now this should rocket up if PA has any valid importance to trading. i know i am going to get slamed now for picking on poor old PA but tell me, unless i am not reading candle formation corectly, why would this not be a bullish week or next couple of days atleast.
Attached Image (click to enlarge)
Click to Enlarge Name: daily gj.gif Size: 26 KB
  • #186,164
  • Jul 28, 2009 5:55am Jul 28, 2009 5:55am
Beware of the Bulls
Making money not by predicting just by following ...
  • #186,165
  • Jul 28, 2009 5:56am Jul 28, 2009 5:56am
Quoting warta
take it easy pino

if u r boring take this link and catch the cat if u can but remember its a smart cat


http://www.members.shaw.ca/gf3/circle-the-cat.html

u will be fine
Thanks warta, I caught the cat
  • #186,166
  • Jul 28, 2009 5:57am Jul 28, 2009 5:57am
Quoting warta
thats gr8 bro but there is something we have to remember always , any MA follow the PA and repaint with any drop for exp. so thats why i dont trust those instrument aswell even volume if u open the 1 min chart u can find the bar going up and down and changing color when the PA change ... wuteva

we all start with indicators .. sooner or later we will find out that not gona help us alot in our trade
i only look after stoch for OS & OB thats
well wish u all the best in ur trade
bless u
I'm intrigued that you use stoch for o/b and o/s levels, as it is very unreliable in any market which isn't ranging. It's also an indi.

To clear up one thing about volume, it does not repaint, it paints; in the same way that a candle paints. It is a visual indication there and then of what the PA is doing. At the end of the timeframe, it forms a permanent record in the same way a candle does.

Good trading.
  • #186,167
  • Jul 28, 2009 5:57am Jul 28, 2009 5:57am
Quoting warta
thats gr8 bro but there is something we have to remember always , any MA follow the PA and repaint with any drop for exp. so thats why i dont trust those instrument aswell even volume if u open the 1 min chart u can find the bar going up and down and changing color when the PA change ... wuteva

we all start with indicators .. sooner or later we will find out that not gona help us alot in our trade
i only look after stoch for OS & OB thats
well wish u all the best in ur trade
bless u

i love volume man...it loud my tv and my sony HIFI system..moving average is the power cable..
MY OPINION NOT FINANCIAL ADVISE
  • #186,168
  • Jul 28, 2009 5:58am Jul 28, 2009 5:58am
What the hell is happerning to the majors just lately??
gbp/jpy -70 looking to bale ot for another loss!!

If I carry on like I am I will blow my account!

I work it all out the technicals............ fibs support and resistance,
try to stay away from news, and it still goes wonky on me,
maybe I should watch the 1min chart for master candles, and just go with the flow.
  • #186,169
  • Jul 28, 2009 6:01am Jul 28, 2009 6:01am
Quoting Macedonia
But talk about price action,

A) three days ago the candle closed a nice bulish candle.
B) two days ago, candle was a inside bar
C) yesturday, candle is a bullish engulfing. And closed above trend line

I read and hear alot about PA. now this should rocket up if PA has any valid importance to trading. i know i am going to get slamed now for picking on poor old PA but tell me, unless i am not reading candle formation corectly, why would this not be a bullish week or next couple of days atleast.
if u wana follow the PA
we r still plain the inside bar 4 days ago
any break of the 2 red lines will take us to a bear zone if down or bull zone if up

check the chart bro

Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 17 KB
  • #186,170
  • Jul 28, 2009 6:03am Jul 28, 2009 6:03am
Quoting donfriday
i love volume man...it loud my tv and my sony HIFI system..moving average is the power cable..

wahahahahaah i believe u r a D.J not a trader
  • #186,171
  • Jul 28, 2009 6:03am Jul 28, 2009 6:03am
Standing aside,and Just Watching with a endless patience for catching a Big Fish
Making money not by predicting just by following ...
  • #186,172
  • Jul 28, 2009 6:03am Jul 28, 2009 6:03am
Quoting pino2
Thanks warta, I caught the cat

hahahahah good bro nice job
  • #186,173
  • Jul 28, 2009 6:07am Jul 28, 2009 6:07am
Quoting warta
if u wana follow the PA
we r still plain the inside bar 4 days ago
any break of the 2 red lines will take us to a bear zone if down or bull zone if up

check the chart bro

Attachment
from where that lower ed line came? is that candle after the doji so important?
  • #186,174
  • Jul 28, 2009 6:25am Jul 28, 2009 6:25am
Quoting warta
hahahahah good bro nice job
I caught it again
  • #186,175
  • Jul 28, 2009 6:40am Jul 28, 2009 6:40am
Hi

Me nuw here, will u tich me 2 trade GJ
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 16 KB
  • #186,176
  • Jul 28, 2009 6:45am Jul 28, 2009 6:45am
Quoting Macedonia
But talk about price action,

A) three days ago the candle closed a nice bulish candle.
B) two days ago, candle was a inside bar
C) yesturday, candle is a bullish engulfing. And closed above trend line

I read and hear alot about PA. now this should rocket up if PA has any valid importance to trading. i know i am going to get slamed now for picking on poor old PA but tell me, unless i am not reading candle formation corectly, why would this not be a bullish week or next couple of days atleast.
what did ju do, GJ phail down
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 20 KB
  • #186,177
  • Jul 28, 2009 6:55am Jul 28, 2009 6:55am
here we r now testing the 2nd trend and a bounce from here but still have strong momentum to break it ... hope so

Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 19 KB
  • #186,178
  • Jul 28, 2009 6:57am Jul 28, 2009 6:57am
Quoting forexlion
what did ju do, GJ phail down
shee GJ phail down badly
  • #186,179
  • Jul 28, 2009 7:01am Jul 28, 2009 7:01am
if GJ no bouncing bouncing @ 155.63 GJ crying badly
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 16 KB
  • #186,180
  • Jul 28, 2009 7:07am Jul 28, 2009 7:07am
now GJ dancing dancing


ps. trading should be enjoyed, never made boring
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 19 KB
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