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

  • #211,961
  • Jan 14, 2010 5:33am Jan 14, 2010 5:33am
Though I do see some sort of breakout, how about the divergence we are seeing on this pair in most of the time frames ( attached is 15M ).
How you guys make a decision on which signal is strong. I am still learning so different opinion is welcome.
Attached Image (click to enlarge)
Click to Enlarge Name: image06.GIF Size: 22 KB
  • #211,962
  • Jan 14, 2010 5:35am Jan 14, 2010 5:35am
Quoting sinner-
donfriday is 100% correct, your supply line is not valid until the bar closes! (and ideally only after 2 closed bars with lower highs proceeding)

he is obv right at the moment,,ill ask again 2morrow to redraw the TL.when are trading only 1 year,you still got loads to learn about the TL's etc...
  • #211,963
  • Jan 14, 2010 5:35am Jan 14, 2010 5:35am
Quoting grashid
guys..corrected him if he is wrong then we shall growth together
hahaha bro did u check my post ..i was the 1 to post the 4hrs chart to ukdaytrader and he respond ...u can see i tried..
MY OPINION NOT FINANCIAL ADVISE
  • #211,964
  • Jan 14, 2010 5:37am Jan 14, 2010 5:37am
Quoting hindart
Though I do see some sort of breakout, how about the divergence we are seeing on this pair in most of the time frames ( attached is 15M ).
How you guys make a decision on which signal is strong. I am still learning so different opinion is welcome.
Funnily enough, I see some bullish divergence towards the end of that chart.
  • #211,965
  • Jan 14, 2010 5:38am Jan 14, 2010 5:38am


Quoting donfriday
Lol bro i just cant help it something make me laugh here.....i have not seen TL on moving bar all my 1yr on this board...shifting TL
Attached Image
[
  • #211,966
  • Jan 14, 2010 5:39am Jan 14, 2010 5:39am
Quoting Gucc
he is obv right at the moment,,ill ask again 2morrow to redraw the TL.when are trading only 1 year,you still got loads to learn about the TL's etc...
overconfident is a disease..dont let it effect u......cheers..i'm out of here ..trend is your friend.
MY OPINION NOT FINANCIAL ADVISE
  • #211,967
  • Jan 14, 2010 5:40am Jan 14, 2010 5:40am
im kinda light on a sell here ,,but all what i know is,,im gonna load it heavy at 147/20/35..for 155/56..

will post a chart if you ask.. why im saying 147.35,,and why 155/56
  • #211,968
  • Jan 14, 2010 5:40am Jan 14, 2010 5:40am
Quoting donfriday
hahaha bro did u check my post ..i was the 1 to post the 4hrs chart to ukdaytrader and he respond ...u can see i tried..
oh ic...maybe i miss out some post..my appologize...anyway how is ur trade made...doing good?
  • #211,969
  • Jan 14, 2010 5:41am Jan 14, 2010 5:41am
Quoting rgitt05
Hey Rob
Heheheh..u always get right stuffs on time....how is it bro....trend is your friend
MY OPINION NOT FINANCIAL ADVISE
  • #211,970
  • Jan 14, 2010 5:41am Jan 14, 2010 5:41am
Quoting ukdaytrader
Funnily enough, I see some bullish divergence towards the end of that chart.
Can you show me what you are seeing there?

You dont agree with the divergence I have shown in my chart?
  • #211,971
  • Jan 14, 2010 5:44am Jan 14, 2010 5:44am
Quoting Gucc
im kinda light on a sell here ,,but all what i know is,,im gonna load it heavy at 147/20/35..for 155/56..

will post a chart if you ask.. why im saying 147.35,,and why 155/56
ok, untill then....
Don't be a hero. Don't have an ego. Always question yourself
  • #211,972
  • Jan 14, 2010 5:47am Jan 14, 2010 5:47am
Quoting grashid
oh ic...maybe i miss out some post..my appologize...anyway how is ur trade made...doing good?
doing awesome,improved than previous...practice make perfect u know with patience....urs is good as i know...
MY OPINION NOT FINANCIAL ADVISE
  • #211,973
  • Jan 14, 2010 5:50am Jan 14, 2010 5:50am
See my 5M chart, A clear H&S??
Attached Image
  • #211,974
  • Jan 14, 2010 5:50am Jan 14, 2010 5:50am
Quoting donfriday
doing awesome,improved that previous...practice make perfect u know with patience....urs is good as i know...
great..good to hear that..mine ....ok la not bad...catch u later in US
  • #211,975
  • Jan 14, 2010 5:55am Jan 14, 2010 5:55am
Trend is always my friend...

Trading more and posting less is making me more pips...



Quoting donfriday
Hey Rob
Heheheh..u always get right stuffs on time....how is it bro....trend is your friend
Attached Image
[
  • #211,976
  • Jan 14, 2010 5:56am Jan 14, 2010 5:56am
Quoting hindart
Can you show me what you are seeing there?

You dont agree with the divergence I have shown in my chart?
No, I agree with your analysis. But, here is the bullish diverg building...

Chart
Attached Image (click to enlarge)
Click to Enlarge Name: 15m diverg.gif Size: 21 KB


If price continues to fall below 149, it will be invalidated.
  • #211,977
  • Jan 14, 2010 5:57am Jan 14, 2010 5:57am
Quoting rgitt05
Trend is always my friend...

Trading more and posting less is making me more pips...


so true! ..ill leave again next week.. had plenty of fun,the last week here,,but it seems i get flame here,where im trying to help
  • #211,978
  • Jan 14, 2010 6:05am Jan 14, 2010 6:05am
Quoting Gucc
so true! ..ill leave again next week.. had plenty of fun,the last week here,,but it seems i get flame here,where im trying to help
You think saying 'we're looking good for 147.35' is helpful when price has fallen less than 20 pips? And then drawing an invalid trend line to back your claim?

Just trying to help you that's all.

(No one has said you're wrong btw).
  • #211,979
  • Jan 14, 2010 6:10am Jan 14, 2010 6:10am
Quoting ukdaytrader
No, I agree with your analysis. But, here is the bullish diverg building...

Chart
Attachment

If price continues to fall below 149, it will be invalidated.
Thanks For sharing.
So the divergence I am seeing might have already played out. But I will ho;d my sorts for now as I see a H&S formation on H$ of EJ.
Attached Image (click to enlarge)
Click to Enlarge Name: image08.GIF Size: 19 KB
  • #211,980
  • Jan 14, 2010 6:17am Jan 14, 2010 6:17am
Quoting hindart
Thanks For sharing.
So the divergence I am seeing might have already played out. But I will ho;d my sorts for now as I see a H&S formation on H$ of EJ.
be aware,the H&S on 4 hour EJ,is not valid,and solid..i dont thnik it will break the neckline,,he will try,and probably go as low as it,but wont break it..
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