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

  • #213,281
  • Jan 27, 2010 5:53am Jan 27, 2010 5:53am
Must be the fatigue of watching this thing at the moment...
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Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #213,282
  • Jan 27, 2010 5:53am Jan 27, 2010 5:53am
15m chart tells me there needs to be a retrace soon. bearish divergence forming and RSI o/s.
  • #213,283
  • Jan 27, 2010 5:59am Jan 27, 2010 5:59am
Just want to know. Is the topic starter---> Auslanco still on FF, because didn't see him post when i join FF till now
  • #213,284
  • Jan 27, 2010 6:03am Jan 27, 2010 6:03am
yes that is it , but usually price will go through the neckline first , h&s is formed then reverses through the neckline, yours bounces off the neckline, which isn't a reversal pattern but can work, with a higher failure %.
Quoting Gucc
JUST HA...

you say its not a complex H&S pattern,,i was also sceptical about it,,but im trying to google all types and i found this on babypips ..

it looks excactly the same as the current one on gbp/jpy.have a look

http://www.babypips.com/school/rever...shoulders.html
  • #213,285
  • Jan 27, 2010 6:31am Jan 27, 2010 6:31am
Short @ 145.50
Don't be a hero. Don't have an ego. Always question yourself
  • #213,286
  • Jan 27, 2010 6:41am Jan 27, 2010 6:41am
Quoting USD-Bear
Short @ 145.50
She tested at your price there now.
  • #213,287
  • Jan 27, 2010 6:53am Jan 27, 2010 6:53am
Shorted @ 145.30...SL 145.80 ...TP 143.80 for now
decreasing vol on the upmove now...the move up seems exhausted for now i hope unless WallStreet boost it up
It looks like some kind of distribution to me but i might be wrong so take care

GL longs & shorts
COT: The precious data ignored
  • #213,288
  • Jan 27, 2010 7:26am Jan 27, 2010 7:26am
Quoting USD-Bear
Short @ 145.50
Took my first short at 145.48 and I have orders stacked above this (I think we'll go higher initially and I'll get filled)

I got stopped out of my original long scalp last night at 143.80 but then price looked like it was stabilizing again so I went long again at 144.00 with a target of 145.20 and the trade ran it's course while I was sleeping. This marks the second night in a row it did that and let me tell ya, I could get used to it!

Just looking to fill shorts now.
check out my blog: forexmademillionaire dot com
  • #213,289
  • Jan 27, 2010 7:28am Jan 27, 2010 7:28am
Quoting Geppy
Took my first short at 145.48 and I have orders stacked above this (I think we'll go higher initially and I'll get filled)

I got stopped out of my original long scalp last night at 143.80 but then price looked like it was stabilizing again so I went long again at 144.00 with a target of 145.20 and the trade ran it's course while I was sleeping. This marks the second night in a row it did that and let me tell ya, I could get used to it!

Just looking to fill shorts now.
lol, get more sleep
Don't be a hero. Don't have an ego. Always question yourself
  • #213,290
  • Jan 27, 2010 7:36am Jan 27, 2010 7:36am
rgitt are you there?
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  • #213,291
  • Jan 27, 2010 8:00am Jan 27, 2010 8:00am
Quoting special0nefx
rgitt are you there?
Rgitt? Come out to play when price is rising? Don't talk crazy. He'll be back when it tanks.
  • #213,292
  • Jan 27, 2010 8:06am Jan 27, 2010 8:06am
Kaboom!!!


Quoting special0nefx
rgitt are you there?
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  • #213,293
  • Jan 27, 2010 8:07am Jan 27, 2010 8:07am
Quoting rgitt05
Kaboom!!!
rgitt is always hiding here ..
  • #213,294
  • Jan 27, 2010 8:20am Jan 27, 2010 8:20am
Quoting Gucc
rgitt is always hiding here ..
Because he's is planting the boom. Can't be detected...Pro Kaboom Seeker ...also a roller coaster expert ^^
  • #213,295
  • Jan 27, 2010 8:21am Jan 27, 2010 8:21am
Quoting Gucc
i knew it was a nightmare,of the H&S..lol;. back to 139..ai im CONFUCKULATED !
cheer bro, is a nice spotted also from you. Anyway follow the trend is the important thing
  • #213,296
  • Jan 27, 2010 8:26am Jan 27, 2010 8:26am
Fear not longs. Still many reasons to be long.
Nice bullish divergence on 15m TF. Let's see if the RSI bounces off the 30 line.
  • #213,297
  • Jan 27, 2010 8:28am Jan 27, 2010 8:28am
Quoting ukdaytrader
Fear not longs. Still many reasons to be long.
Nice bullish divergence on 15m TF. Let's see if the RSI bounces off the 30 line.
i quit the longs,,kinda a bullish pU%&%y ..
  • #213,298
  • Jan 27, 2010 8:31am Jan 27, 2010 8:31am
Quoting special0nefx
cheer bro, is a nice spotted also from you. Anyway follow the trend is the important thing
rejection on 4hrs gann in other way 1hr candle look like a test of 1hr gann cus 4hrs macd does not support this fall so i will be taking my profit from 1hr gann and wait for more confirmation.....i play safe now...
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MY OPINION NOT FINANCIAL ADVISE
  • #213,299
  • Jan 27, 2010 8:34am Jan 27, 2010 8:34am
Hmm, just been checking the FTSE, DOW and S&P on the daily plots. There are some major ma crosses in the making after such a long rally for each these last months. If the DOW pumps down, surely the Dollar is off north. If the S&P pumps down, Geppy, I expect, will head south. As for the FTSE, not sure what Cable will decide.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #213,300
  • Jan 27, 2010 8:38am Jan 27, 2010 8:38am
Trend is your friend!!

Don't fight the trend



Quoting Gucc
i knew it was a nightmare,of the H&S..lol;. back to 139..ai im CONFUCKULATED !
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