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

  • #195,681
  • Sep 8, 2009 11:39pm Sep 8, 2009 11:39pm
Quoting msniper
well see when we were at 149 i wanted to go long i was just waiting for the down waves to end and they end thats why i went long

that time there was possiblity for this down wave to end between 149 to 146.xx thats why i put my SL at 146 because if it goes below it it will damage my counting

now after i went long from the bottom we are in a bullish waves as my counting tell me thats mean we started new rally up which will not end in a week or two

so if by any mistake this thing go down again and break 149 thats mean i made the wrong counting...

Unfinished Business..
Attached Image (click to enlarge)
Click to Enlarge Name: trendline 4 Hr...jpg Size: 199 KB
Markets are not Random, they are designed!
  • #195,682
  • Sep 8, 2009 11:55pm Sep 8, 2009 11:55pm
Quoting Raza
Unfinished Business..
is that channel valid?
  • #195,683
  • Sep 9, 2009 12:01am Sep 9, 2009 12:01am
Quoting A-speculator
is that channel valid?
I dont know... its Made with PITCH FORK... and REGULAR TREND LINE.

So I am Going By IT..Daily is a Mess....This is 4 hr chart.. Also Plotted Fib on it as well..

Looks Valid to ME..IF this is not VALID...Then What is?
Markets are not Random, they are designed!
  • #195,684
  • Sep 9, 2009 12:05am Sep 9, 2009 12:05am
Quoting Raza
I dont know... its Made with PITCH FORK... and REGULAR TREND LINE.

So I am Going By IT..Daily is a Mess....This is 4 hr chart.. Also Plotted Fib on it as well..

Looks Valid to ME..IF this is not VALID...Then What is?
Normally a trendline (in this case a channel) is considered valid if the line has at least 3 failed test of the price.
  • #195,685
  • Sep 9, 2009 12:08am Sep 9, 2009 12:08am
GJ is so undetermined, which I think big player is not around.
GJ is ranging and consolidating.. and then one day it gonna boom..
Read the entire market, money is made on the main trend not the fluctuation
  • #195,686
  • Sep 9, 2009 12:10am Sep 9, 2009 12:10am
Quoting A-speculator
Normally a trendline (in this case a channel) is considered valid if the line has at least 3 failed test of the price.
2 test...IMO.

Bottom test is DUE..

Third Test it Breaks IT.. of the LINE ..Not the PRICE.
Markets are not Random, they are designed!
  • #195,687
  • Sep 9, 2009 12:13am Sep 9, 2009 12:13am
Quoting Raza
2 test...IMO.

Bottom test is DUE..

Third Test it Breaks IT.. of the LINE ..Not the PRICE.
Nope. at least 3 test to make it valid.. doesn't matter if it is from historical lows/highs. If only 2 point, that will only make it a "line" not a valid S&R..
  • #195,688
  • Sep 9, 2009 12:17am Sep 9, 2009 12:17am
Quoting A-speculator
Nope. at least 3 test to make it valid.. doesn't matter if it is from historical lows/highs. If only 2 point, that will only make it a "line" not a valid S&R..
May be we are talking about 2 different things.

Ina Channel when price touches the line Bottom or TOP. when it touches it for the Third Time..We have a Break out( usually).

When the Price is Touched 2-3 times it s a Different story..it can touch it 10 times and not break it...
Markets are not Random, they are designed!
  • #195,689
  • Sep 9, 2009 12:32am Sep 9, 2009 12:32am
WHY is this thing So Dead...Holidays are over too..

I am missing those Crazy moves.
Markets are not Random, they are designed!
  • #195,690
  • Sep 9, 2009 12:33am Sep 9, 2009 12:33am
Raza,

Do you look at SSE, oil , gold those? do you know which platform provides these charts?
Read the entire market, money is made on the main trend not the fluctuation
  • #195,691
  • Sep 9, 2009 12:35am Sep 9, 2009 12:35am
Quoting Kofmaster
Raza,

Do you look at SSE, oil , gold those? do you know which platform provides these charts?
mate Broco trader has all of these
  • #195,692
  • Sep 9, 2009 12:40am Sep 9, 2009 12:40am
Quoting Eulogy
mate Broco trader has all of these
How bout nikkei and djia ?

It is not provided.
Read the entire market, money is made on the main trend not the fluctuation
  • #195,693
  • Sep 9, 2009 12:50am Sep 9, 2009 12:50am
Quoting Kofmaster
How bout nikkei and djia ?

It is not provided.
sure it is. its all there. There's even quotes for CAC, FTSE, DAX, DJ Euro Stoxx 50, HSI, NYSE, NASDAQ, Topix.... I'm sure there's more as well.

Just have to take a bit of time scrolling through all the lists to find them, but trust me, they're there.
  • #195,694
  • Sep 9, 2009 1:06am Sep 9, 2009 1:06am
Quoting Eulogy
sure it is. its all there. There's even quotes for CAC, FTSE, DAX, DJ Euro Stoxx 50, HSI, NYSE, NASDAQ, Topix.... I'm sure there's more as well.

Just have to take a bit of time scrolling through all the lists to find them, but trust me, they're there.
Thanks Eul bro
Read the entire market, money is made on the main trend not the fluctuation
  • #195,695
  • Sep 9, 2009 1:09am Sep 9, 2009 1:09am
Quoting Kofmaster
Raza,

Do you look at SSE, oil , gold those? do you know which platform provides these charts?
I use Ninja trader.
Markets are not Random, they are designed!
  • #195,696
  • Sep 9, 2009 1:22am Sep 9, 2009 1:22am
Quoting Raza
I use Ninja trader.
153 have reach ...
  • #195,697
  • Sep 9, 2009 1:24am Sep 9, 2009 1:24am
Quoting Raza
WHY is this thing So Dead...Holidays are over too..

I am missing those Crazy moves.
what that you say something? lol..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #195,698
  • Sep 9, 2009 1:30am Sep 9, 2009 1:30am
Quoting england33
what that you say something? lol..


DJIA is Bullish Again..
Markets are not Random, they are designed!
  • #195,699
  • Sep 9, 2009 1:31am Sep 9, 2009 1:31am
Quoting mrfxbaling
153 have reach ...
then why u r waiting for.. F****** her as maximum as you can till tomorrow....H4 seem obvious what we should do....
  • #195,700
  • Sep 9, 2009 1:41am Sep 9, 2009 1:41am
Quoting Eulogy
sure it is. its all there. There's even quotes for CAC, FTSE, DAX, DJ Euro Stoxx 50, HSI, NYSE, NASDAQ, Topix.... I'm sure there's more as well.

Just have to take a bit of time scrolling through all the lists to find them, but trust me, they're there.
Yes they have a remarkable amount available. I opened a demo account to be able to see volume on ES for GJ trading. The list of CFD futures is here :

http://www.brocompany.com/trading-pl...fd-on-futures/
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