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- ovidiu replied Aug 8, 2007
wow just went out for 1h and half and no retrace I was hoping to get back exactly at a good entry point which I see it now only at 241.80 5SMA on h4, but if the DOW will go higher I don't think that's possible any more...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovidiu replied Aug 8, 2007
one question though, do you ever try to profit from something like this with a sell? or you just think that it doesn't worth the risk?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovidiu replied Aug 8, 2007
All stoch in overbought, so I was thinking to do the same thanks for the heads up
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovidiu replied Aug 8, 2007
Karmostaji where do you have your TP, I am asking you because you are very good at seeing levels trendlines and all that stuff, on my chart I don't see anything up to 38.2 fib on h4 242.75 hence my TP is at 242.67 200 pips from the point of entry...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovidiu replied Aug 8, 2007
asulanco — usualy how much further can a break go(in pips) if we have also the 4h crossing the 50 line?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovidiu replied Aug 7, 2007
I know, I was saying it ust close above it, very good resistance there, the 4h trendline with a lot of intersections and also the 23.6 fib, I guess I'll wait for a 4h bar to close above those line and enter on the start of the next 4h hour bar, that ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovidiu replied Aug 7, 2007
I don't know if you are at work or not but in an hour or so it may be a good point for going long. if u are folowing A's strat 1hr Si just crossed the 50 line with 4h bullish so it should be a sign for 200 pips up. We still need this hour bar to ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovidiu replied Aug 7, 2007
Asulanco method seems very good for spoting big moves on GJ as well as for scalping but still I feel I am missing the big picture even more so after yestarday's trade. That is why I want to know more about the factors that drive this pair like UJ, ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovidiu replied Aug 6, 2007
I'll resort to reading the forum for a while before resuming to post anything
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovidiu replied Aug 6, 2007
Because of the DOW, but there are still 2 major downward trendlines that I am counting on...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovidiu replied Aug 6, 2007
I was stopped and enterd again but I think this is a suicidal move
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovidiu replied Aug 6, 2007
241.4 for K, and it took it out I don't remember for A, some where around 242
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovidiu replied Aug 6, 2007
I still beleive that 241.4 is a very good sl, unfortunately my sl is not that high..., maybe the yanks will change their mind and bring the dow down

Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovidiu replied Aug 6, 2007
you're absolutely right and pacience...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovidiu replied Aug 6, 2007
Yes I was hoping tha they will confirm the H4 and daily trends and also I was saying that we have a temporaly high, but again the DOW is making me look bad
:Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovidiu replied Aug 6, 2007
the exit signal is based on the entry point 200 pips after second 1hr confirmation bar, if the trend is only on 1H and 4H, but if the daily is with us you can go more than 200 pips, and yes you keep ur trade even if 1hr QQE crosse back, only with 4H ...
Auslanco-GBP/JPY Strength Indicator strategy
- ovidiu replied Aug 6, 2007
I also hope I am right, and 10 min and 30 they start looking better and better
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovidiu replied Aug 6, 2007
Look at post #4025 you have a chart there that shows 241.40 like the perfect spot to put a SL

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