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Raza replied Sep 9, 2009
DIVERGENCE... WHICH SEEMS bULLISH,,
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Raza replied Sep 9, 2009
4hr seems bullish. .. Rsi.. pin bar 4 hr.. djia ..1 HR IS bULLISH..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Raza replied Sep 9, 2009
WHY is this thing So Dead...Holidays are over too.. I am missing those Crazy moves.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Raza replied Sep 9, 2009
May be we are talking about 2 different things.
Ina Channel when price touches the line Bottom or TOP. when it touches it for the Third Time..We have a Break out( usually). When the Price is Touched 2-3 times it s a Different story..it can touch ...Auslanco - GBP/JPY and GBP/USD (newstrade)
- Raza replied Sep 9, 2009
2 test...IMO. Bottom test is DUE.. Third Test it Breaks IT.. of the LINE ..Not the PRICE.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Raza replied Sep 9, 2009
I dont know... its Made with PITCH FORK... and REGULAR TREND LINE. So I am Going By IT..Daily is a Mess....This is 4 hr chart.. Also Plotted Fib on it as well.. Looks Valid to ME..IF this is not VALID...Then What is?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Raza replied Sep 8, 2009
Yes Jhon...Agree...Its hard to predict which way its gonna go...154 is very Close ATM. There is Gotta be a Channel... from 149.. Channel has 2 lines..TOP and Bottom.. should be Hit twice..either ways..The way I see it .. Bottom one is not HIT ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Raza replied Sep 8, 2009
154.35 is 38% retrace of 163 - 149 And 150.60 is 61.8% retrace of 149-153.23
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Raza replied Sep 8, 2009
Dont read it then... There is an IGNORE option. Press that and you wont see me.. Thank you.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Raza replied Sep 8, 2009
LETS MAKE IT 154.35 TO press the Sell button for hundred so Pips. BUT I WANNA SEE 150.88.. Before anything..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Raza replied Sep 8, 2009
If it does not go UP now to 153.43 .. then its not going up... Just Shorted this again for a quickie..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Raza replied Sep 8, 2009
You made the same mistake 3 TIMES...Shame... lol... learn from your mistakes..
Auslanco - GBP/JPY and GBP/USD (newstrade)
.. ya Trade your Feelings...j/k- Raza replied Sep 8, 2009
No I shorted this from 152.96... then just Now Again. Once it Breaks My UTL..I will Close.and Go to Sleep..lol. 153.68 is a FIB% level..guess there is resistence there too.. 154.35 is 38% retrace of the move from 163-149 30M..1 HR looks pretty OS.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Raza replied Sep 8, 2009
153.68.. But my trendline is where it stopped 152.76..Lower Trendline Goes as much as 147.60.. If this is the True Trendline !!! I am short Big time...Not looking for Home Run ... but Monthly profit in 1 Day...Being Greedy..
Auslanco - GBP/JPY and GBP/USD (newstrade)