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

  • #224,001
  • May 10, 2010 5:08am May 10, 2010 5:08am
Quoting JhonMonsalve
Scalp mode on [?]
Its a Dangerous Game This WEEK...

Be very CAREFUL...

WHAT WENT UP MUST COME DOWN and VICE VERSA....
Markets are not Random, they are designed!
  • #224,002
  • May 10, 2010 5:11am May 10, 2010 5:11am
I'm in the bear camp so long as the 4 hour closes below the 139.35-37 area. I'm targeting the lows of last week. The setup looks promising with a R:R of over 10 to 1.

EDIT: Make that 13.26 to 1.
Every time you use 'hopium' in a post, God kills a kitten.
  • #224,003
  • May 10, 2010 5:12am May 10, 2010 5:12am
Quoting Raza
Its a Dangerous Game This WEEK...

Be very CAREFUL...

WHAT WENT UP MUST COME DOWN and VICE VERSA....
Yep Raza, thanks for the advice, just trading with my RSX on 5/15m TF, working pretty well so far
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #224,004
  • May 10, 2010 5:14am May 10, 2010 5:14am
Quoting JhonMonsalve
Yep Raza, thanks for the advice, just trading with my RSX on 5/15m TF, working pretty well so far
I have My eyes on EUR/ AUD ...and USD/CAD.....
Markets are not Random, they are designed!
  • #224,005
  • May 10, 2010 5:16am May 10, 2010 5:16am
Quoting Raza
WHAT WENT UP MUST COME DOWN and VICE VERSA....
In all honesty there are 3 scenarios there.

1) You're right. It'll come down.
2) You're right. It'll come down... eventually, and you'll wind up with a possible unmanageable drawdown if you're one of those in the no stop crowd.
3) It won't come down.

Not digging at you, there's just a lot of newbie traders who all go on that assumption and it is NOT always true.

That said, I'm prepping for a short.
Every time you use 'hopium' in a post, God kills a kitten.
  • #224,006
  • May 10, 2010 5:18am May 10, 2010 5:18am
Quoting Raza
I have My eyes on EUR/ AUD ...and USD/CAD.....
Cad is on fire, I mean, looking for going long in Cad?, check: 15m TF, engulf candle, pullback on Geppy is coming.

Attached Image (click to enlarge)
Click to Enlarge Name: geppy15m.gif Size: 21 KB
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #224,007
  • May 10, 2010 5:18am May 10, 2010 5:18am
Quoting Raza
I have My eyes on EUR/ AUD ...and USD/CAD.....
Which way? I'm long EURAUD @ 1.4315 since Friday.
Every time you use 'hopium' in a post, God kills a kitten.
  • #224,008
  • May 10, 2010 5:22am May 10, 2010 5:22am
I got my SL above 140 and my TP 130, with a buy order at 130.
  • #224,009
  • May 10, 2010 5:26am May 10, 2010 5:26am
Quoting Clouds
I got my SL above 140 and my TP 130, with a buy order at 130.
I won't risk quite that much. Will place a stop above this 4 hour candle if the setup happens.
Every time you use 'hopium' in a post, God kills a kitten.
  • #224,010
  • May 10, 2010 5:30am May 10, 2010 5:30am
this week we will see 120
  • #224,011
  • May 10, 2010 5:30am May 10, 2010 5:30am
Quoting Raza
1000pips mistake is corrected.....lol...

Now time for some confusion.....(Range)

This is a Start of the week...I dont know what to make out of this Weekly candle which just started today.........????
And the indis reacted like nothing happened last week (RSI)
yes, computer error fixed. now maybe it will just continue down to 130 again , but this time more slowly? someone pushed the fast forward button on the stock market.
  • #224,012
  • May 10, 2010 5:38am May 10, 2010 5:38am
not sure
Attached Image
  • #224,013
  • Edited 6:08am May 10, 2010 5:47am | Edited 6:08am
Quoting Clouds
yes, computer error fixed. now maybe it will just continue down to 130 again , but this time more slowly? someone pushed the fast forward button on the stock market.
..

EUR/ AUD Seems Bullish but there is Hidden Bearish Divergence There on weekly and Daily...If it can manage to close above 1.4500- 1.4542..it can be Bullish... Weekly PIN BAR or Hammer is Suggesting some Bull.. I will wait till 1.39 - 1.3848 to Buy.. or Buy on confirmation.

USD/ CAD ...I am Bearish to 0.91xx- 0.89xx If 4 hr close below 1.0185...we may see a Bounce there....

I had said by looking at the Charts 2 weeks ago ( one of my post)..That from here on it will be interesting Trading...last week was very interesting as we all know...

I had also predicted Double Bottom first on EUR/JPY First out of all yen pairs...

Now looking at the Strenght on All AUD pairs ...AUD is ready for a sell OFF......( Pros selling in strenght)

Bullish on GBP...Long term...
Markets are not Random, they are designed!
  • #224,014
  • May 10, 2010 6:06am May 10, 2010 6:06am
Quoting profxtrader
I'm in the bear camp so long as the 4 hour closes below the 139.35-37 area. I'm targeting the lows of last week. The setup looks promising with a R:R of over 10 to 1.

EDIT: Make that 13.26 to 1.
Well not yet. 140 has been breached.
Every time you use 'hopium' in a post, God kills a kitten.
  • #224,015
  • Edited 7:47am May 10, 2010 6:22am | Edited 7:47am
http://cdn.forexfactory.com/attachme...1&d=1273487904
not sure
Attached Images
  • #224,016
  • May 10, 2010 7:02am May 10, 2010 7:02am
Hi everyone

Last week, the long waited Bearish divergence on daily had played out. I guess its time to long

Reasons to go long:-

 

  1. My daily trendline is once penetrated again.
  2. My H4 Gann is flipped.


Not until my daily trendline is penetrated or my H4 Gann is flipped again. My sentiments is long...

Good luck everyone.

Attached Image (click to enlarge)
Click to Enlarge Name: gj daily 1.gif Size: 49 KB
Read the entire market, money is made on the main trend not the fluctuation
  • #224,017
  • May 10, 2010 7:19am May 10, 2010 7:19am
I think GJ in resistant point
Attached Image (click to enlarge)
Click to Enlarge Name: gj4h.gif Size: 22 KB
  • #224,018
  • May 10, 2010 7:21am May 10, 2010 7:21am
When I was sleeping my long cashed out @ 140.00.
Now in an hour or so it will be time to go long again. I expect the Dow Jones will go up a few hundred points today, and GY with it.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #224,019
  • May 10, 2010 7:34am May 10, 2010 7:34am
Quoting KillerWhale
When I was sleeping my long cashed out @ 140.00.
Now in an hour or so it will be time to go long again. I expect the Dow Jones will go up a few hundred points today, and GY with it.
i expect the dow to drop a couple thousands points today, and go up a thousand
  • #224,020
  • May 10, 2010 8:57am May 10, 2010 8:57am
Quoting Eulogy
LOL. awaiting a similar announcement from FNM any day now.
and here it is...........

Fannie asks for another $8.4 billion
http://money.cnn.com/2010/05/10/news...ings/index.htm
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