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

  • #226,001
  • May 24, 2010 5:35am May 24, 2010 5:35am
Quoting Kofmaster
1 humble advise for u. U blame broker you ain't going to get anywhere. You blame yourself you might improve.
I couldn't have said it better.
Every time you use 'hopium' in a post, God kills a kitten.
  • #226,002
  • May 24, 2010 5:39am May 24, 2010 5:39am
Quoting Kofmaster
Today because of no involvement of the bank, I expect the price is going to be alittle differ from the usual. Best is to until US session or tmr.
yes, no bank, us session may move . Predict tomorrow price may up as long as UTL not broken [email protected]
  • #226,003
  • May 24, 2010 5:39am May 24, 2010 5:39am
Quoting profxtrader
I have a question for all of you who I see drawing half of a pattern when only half is present. Why do you do this? Do you honestly find it tradeable or are you just drawing possible scenarios to be aware of. I mean two higher highs and two higher lows doesn't have me thinking head and shoulders already. IT has me thinking uptrend.

I'm not digging at you here, I'm honestly just wondering how these benefit any of you in real, day to day trading. I could very well be missing something. I do that a lot.

i have a question for you ? do you expect it will drop 5000 pips without a significant retrace ?

BTW ..you r short...tell me where is your lmit ? and your view ? where is your exit point ? ..

dont get caught ina bear trap...thats what happening now .right now,,not later

lets talk again end of week/month
  • #226,004
  • May 24, 2010 5:42am May 24, 2010 5:42am
If u guy notice. The daily close has not been able to close above daily 5 sma. Not until a close above the 5sma. I wouldn't call it 'Bullish'
Attached Image (click to enlarge)
Click to Enlarge Name: gj daily 1.gif Size: 47 KB
Read the entire market, money is made on the main trend not the fluctuation
  • #226,005
  • May 24, 2010 5:48am May 24, 2010 5:48am
Quoting Kofmaster
If u guy notice. The daily close has not been able to close above daily 5 sma. Not until a close above the 5sma. I wouldn't call it 'Bullish'
Yes, i consider that is true. Wait to see clearly 1st. H4 gann is flip already, now see how daily 5ema flip or not.
  • #226,006
  • May 24, 2010 5:50am May 24, 2010 5:50am
Quoting special0nefx
yes, no bank, us session may move . Predict tomorrow price may up as long as UTL not broken [email protected]
UTL? can show the charts?
Read the entire market, money is made on the main trend not the fluctuation
  • #226,007
  • May 24, 2010 5:57am May 24, 2010 5:57am
Quoting Kofmaster
UTL? can show the charts?
Making touch down now. But not yet break
Attached Image (click to enlarge)
Click to Enlarge Name: gjh1_240510.gif Size: 41 KB
  • #226,008
  • May 24, 2010 6:31am May 24, 2010 6:31am
Quoting Kofmaster
1 humble advise for u. U blame broker you ain't going to get anywhere. You blame yourself you might improve.
greatr advice dude.
  • #226,009
  • May 24, 2010 6:33am May 24, 2010 6:33am
Quoting special0nefx
Making touch down now. But not yet break

u trade the bounce or break on this?
  • #226,010
  • May 24, 2010 6:47am May 24, 2010 6:47am
Quoting qwertymyfx
u trade the bounce or break on this?
Depends on candle close. Mostly wait 2 candle close only enter
  • #226,011
  • May 24, 2010 6:50am May 24, 2010 6:50am
here is a interresting chart of eur/usd....

we break outside that supp last week at 1.2229,then we went up without test it ,,thats an UNTESTED LEVEL ..if we go down to test.it will bounce .it will have an affect..if it will be 50 pips or 500 pips ,i dont know,,but for a scalper or daytrader,it looks like a excellent entry for long..
then you can see and name it a inverted H&S if you want ,because the left shoulder sit also at that level ..

i personally do expect a significant bounce of more than 200 pips... if im right with gbp/usd,then the eur/usd will follow ... and both pairs are the same pips away from the tunring point .

gbp/jpy is still waaay to scruffy and messy for me to even look at... its so far on my ignor list and will see where are we at the end of week/month..its def in a no trade zone and its busy forming a booooring base for an upside test to 137 later next week or when ever... ill rahther sit out the bull retrace and jump again into shorts at top,,but if i do see a sign of a bottom,then i might just get it in and get it over
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd day4.jpg Size: 91 KB
  • #226,012
  • May 24, 2010 7:23am May 24, 2010 7:23am
Quoting special0nefx
Making touch down now. But not yet break
Look more heading 130.60 on my H1 chart. Wait is it really going up test 5ema Daily
Attached Image (click to enlarge)
Click to Enlarge Name: gjh1.gif Size: 50 KB
  • #226,013
  • May 24, 2010 9:34am May 24, 2010 9:34am
Quoting Redemption
I very sad, it seem broker always go hit every SL i set.
If no Set SL, the price won't come. After set it touch then bounce continue the move...already twice today...feel like cheating zzz
I had the same issues last year! Blew account because I was not trading the chart and was being stupid. Must be patient and wait for the right set up, in my humble opinion
  • #226,014
  • May 24, 2010 9:40am May 24, 2010 9:40am
Having lots of fun scalping this pair at the moment.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #226,015
  • May 24, 2010 9:41am May 24, 2010 9:41am
Quoting special0nefx
Look more heading 130.60 on my H1 chart. Wait is it really going up test 5ema Daily

If you move your red trendline up to the high of the current price. it suggests a symmetrical triangle ( continued trend) further suggesting as the price gets squeezed the pair should drop
  • #226,016
  • May 24, 2010 11:07am May 24, 2010 11:07am
you kids are pretty quiet today...
check out my blog: forexmademillionaire dot com
  • #226,017
  • May 24, 2010 11:08am May 24, 2010 11:08am
Quoting Geppy
you kids are pretty quiet today...
Lost direction
  • #226,018
  • May 24, 2010 11:12am May 24, 2010 11:12am
Quoting Geppy
you kids are pretty quiet today...
Just trying to figure out where this thing want to fall from. Where are you looking to start shorting Geppy?

132.25 looks like a good place to short from if it can ever get there. It looks like a sick beast today.
  • #226,019
  • May 24, 2010 11:17am May 24, 2010 11:17am
Quoting Cod
Just trying to figure out where this thing want to fall from. Where are you looking to start shorting Geppy?

132.25 looks like a good place to short from if it can ever get there. It looks like a sick beast today.
Honestly, not sure yet... haven't taken a trade yet this week. I'm just keeping an eye out and waiting for something better to develop.
check out my blog: forexmademillionaire dot com
  • #226,020
  • May 24, 2010 11:18am May 24, 2010 11:18am
Quoting Geppy
you kids are pretty quiet today...
Yeah... if this price action gets any sloppier, I'm going to need a bib and a change of clothes. Since Friday I've watched trades go from net negative to well into the positive and back again close to 10 times now. That's the price I pay for not playing the ranges... but AS SOON As I do, it'll break out so I'm holding steady waiting fro the breakout, GY shorts @ 130.49 and 129.57. GU short @ 1.4458.
Every time you use 'hopium' in a post, God kills a kitten.
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