4 now LONG ! 
Then Short !
Then Short !
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #220,842
- Apr 14, 2010 7:41am Apr 14, 2010 7:41am
- Joined Sep 2007 | Status: Trader | 6,871 Posts
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- #220,843
- Apr 14, 2010 7:44am Apr 14, 2010 7:44am
- Joined Sep 2007 | Status: Trader | 6,871 Posts
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- #220,845
- Edited 8:06am Apr 14, 2010 7:55am | Edited 8:06am
- Joined Dec 2008 | Status: Trader | 2,753 Posts
Also bearish divergence on 4H, 1H, and all lower time frames... UKTrader is a better judge of targets on those than me.
Bearish divergence also very obvious on GBP/USD 4H time frame.
The Daily TF is where I see the true divergence, but I expect the RSI to go further into O/B territory before it plays out. (Play out area 140 ish..?)
Who knows...?
- #220,846
- Apr 14, 2010 8:05am Apr 14, 2010 8:05am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
To be honest, there isn't a bearish divergence on those TFs I would trade right now. The 4hr divergence is very very slight, (if any), the 1hr and 30m could be considered played-out in a true sense too.
The Daily TF is where I see the true divergence, but I expect the RSI to go further into O/B territory before it plays out. (140 ish..?)
Attachment
Who knows...?
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #220,847
- Apr 14, 2010 8:06am Apr 14, 2010 8:06am
- Joined Sep 2007 | Status: Trader | 6,871 Posts
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- #220,849
- Apr 14, 2010 8:12am Apr 14, 2010 8:12am
- Joined Dec 2008 | Status: Trader | 2,753 Posts
im going to jump off a bridge...with in 2 to 3 hours above 146...happy trade, farewell
Only kidding.
- #220,850
- Apr 14, 2010 8:15am Apr 14, 2010 8:15am
- Joined Dec 2008 | Status: Trader | 2,753 Posts
On your daily chart I see a bullish triangle, Piters is expert on it, but maybe we could break it this week [Uptrend].
Attachment
It's funny, but in the space of a day we've gone from looking very bearish to breakout bullish. Let's see what the rest of the week brings.
- #220,852
- Apr 14, 2010 8:20am Apr 14, 2010 8:20am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Triangles..... on my to do list.
It's funny, but in the space of a day we've gone from looking very bearish to breakout bullish. Let's see what the rest of the week brings.
http://www.forexfactory.com/showpost...ostcount=10307
But, like everybody here, I was expecting a "normal" pullback in ¥ index, but it doesn't looks gonna happens, so, trade with the flow like G said.
Check ¥ index chart:
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
If we don't close above 144.75 today on a daily basis then I think things are going to get VERY interesting...
its really getting VERY interesting what will be tomorrow
....the GJ trade because I was a bit bored doing the safer pairs I normally do. Well, this has had my head done in for the past week since just after Easter. I've enjoyed it, but Gawd, it's much much harder then plain old EUR/CAD
It's always nice to re-learn old tricks and find new ones. It just goes to show, don't let the grey cells rot coz you'll forget to put the SL on (there's no need on EC)
Well it's coming up to the hour for the candle and the last hour in London.
Prediction: - all hell breaks loose? Calm before the storm.
It's always nice to re-learn old tricks and find new ones. It just goes to show, don't let the grey cells rot coz you'll forget to put the SL on (there's no need on EC)
Well it's coming up to the hour for the candle and the last hour in London.
Prediction: - all hell breaks loose? Calm before the storm.
- #220,858
- Apr 14, 2010 10:44am Apr 14, 2010 10:44am
- Joined Sep 2007 | Status: Trader | 6,871 Posts
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