- Search Energy EXCH
- hwsv07 replied Jan 30, 2009
H1 gann 127.7 and DP providing good resistance. let's see what this beast does to them. the start of the next hour should show us the direction.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Jan 30, 2009
erm. why did you move ur SL? by TA or?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Jan 30, 2009
omg, GJ is doing its favourite again. channeling.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Jan 30, 2009
but if it crosses, it is gonna spike. Double bottom on M30 spotted. so let's see if it can cross M30 M15 H1 50 ema.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Jan 30, 2009
sorry but i'm really totally poor in using volume to trade accept to confirm trend. how does volume affect PA in this case during closing hours?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Jan 30, 2009
GM yentastic, why do you say fridays are volume madness? do fridays have higher volumes normally?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Jan 30, 2009
haha, actually i'm thinking london would pull this beast up back to 128. the PA is below H4 gann but QQE is turning up again same for QQE H1 as well, ok but that's me. let's see. still holding longs, putting SL at 127.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Jan 30, 2009
according to my charts, there is no entry yet for any shorts the H4 50ema is still providing strong support.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Jan 29, 2009
i have a tendency towards if PA breaks the UTL convincingly, it will shoot up. right now it is just playing within the daily descending wedge.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Jan 29, 2009
yeah. you know.. i learnt that it is MM that make good traders. moving to BE soon for a no risk trade.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Jan 29, 2009
yup overall sentiment is bearish but i'm not betting against a reversal too. took a small long at 126.8 with a tight SL of course.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Jan 29, 2009
if the M15 PA makes it above 127, i think the selling should stop for now. strong support at H4 50ema.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Jan 29, 2009
i think that was a break out from the M15 upwards. hmm, let's see whether it was fake. personally i think it's up.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Jan 29, 2009
i dun understand. wouldn't the least path or resistance be upwards since 127.9 is providing strong support?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Jan 29, 2009
but it seems difficult for PA to breach 127. H1 gann and 50ema together with DP providing strong support.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Jan 29, 2009
hi malcolmb, i'm seeing a strong support at the 127.90 level. what do u see on ur charts?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Jan 29, 2009
on the 15 mins, there has been rejection from the DP a lot of times.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Jan 29, 2009
Karmo, do you use the 15min aus strategy?
Auslanco - GBP/JPY and GBP/USD (newstrade)