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Raza replied Jul 23, 2009G
ETTIN bURNT.. What did you do to me MAL... lol wHAT BOUGHT AT 157.45.. Are you OK..Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 23, 2009your prices are wrong.. We are in 156...ish i am looking to short from 1.. 155.83. 2.. 155.98
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 23, 2009I got that from looking at the 4hr Doji.. Seen too many candle stick Pattern.. Usually when this kinda doji. happens..Next Candle goes higher than the Doji.. to get the Sellers out.. and at the same time trap buyers. Fast Pull back is seen.. That ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 23, 2009Wow Malcolmd I guess our Brains are working together for once... did not see your prior post.. when I posted the last one..

Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 23, 2009This PA looks fishy ..Iam looking at 157.82 .. as next then Down.. even though we have a DOJI on 4 hr.. I will buy if this comes down to 156.20..- 156.05... If not I will sell from 157.82 if there....
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 23, 2009Keep us posted for Volume Malcolmb. Reason I said this cause this is where RSI gives up on me.. give mixed Divergences.. Price action is slow as well.. Think if we see any odd move..it will be happening in Asian Session.. after the close of this ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 23, 200930M IS NOT A GOOD ONE CAUSE OF THE SHOULDER BEING TOO SMALL.. Here is the 15M one Be careful with this one too .. it may just shoot up from here..it is possible
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 23, 2009I Think we will see 100% retrace to 155.45 and little below 155.00. Its a head and shoulder formation as mentioned before.. Lowest I see is 154.30 .. Short every Rise.. Hidden Bearish till Friday Open. The head is gonna sink lower than the NECK LINE ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 23, 2009USE whatever works for you,, MACD works only in Higher time frames..and for slow moving stocks.. good for option Trading.. Not for Forex.. for me.. I WOULD PREFER VOLUME OVER MACD. As for the target . about to get hit.. and will buy again for Quick ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 23, 2009I used to use 5M not any more.. its too overwhelming.. 15m IS THE LOWEST i GO.. 1 HR is good to see candle stick info.. for reversal.. short term.. have them open side by side.. if you have more monitors.. I have few.so.. try and improve your ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 23, 2009Ofcourse you sell from Overbought levels. and buy from Over sold. But then you get Hidden divergences.. Those 54.. 30 levels are for that.. Not for going long or short.. Just observe it.. for a while How it reacts with price .. you will understand ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 23, 2009I would love to try ..You have mentioned that before this to me.. But the trading platform I have does not provide RSX..(vt trader.)
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 23, 2009I am in love with RSI...lol... I see that 15M .. but malcolmb this one is tricky..from my observation.. PA is telling something else.. thats why I said 155.25 first.. if any below.. it will mess up the angle and symmetry.. Thats why I am short for ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 23, 2009I have the standard/ factory settings.. Period 14.. in all time frames.. I draw trendlines on it too.. I have learned this on my own..how to read RSI.. Specially on 15M when it is above 54 reading .. long is good . Below 52 - 32 short ... Below 30.. ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 23, 2009For a second a Thought you are speaking French.. (spelling).. I had to look at it twice if this is the same Malcolmb.. lol I just want it to go to 155.25 like you mentioned from chart.. to shake off the indicators Bullish ness.. then surely we go to ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 23, 2009
.. I have gotta Day off.. So I am here.. But I gotta go soon to do some stuff.. S&P means Standard and POOR. just like we have DOW JONES.Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 23, 2009Divergence and Price Action Works.. I know my RSI... we talk a lot!! Do we have a head and shoulder in the making 15M.. or this an illusion NOTE; When Hope comes into mind when trading.. 100% of thetime you loose more..This market is not running on ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 23, 2009Hmm.. If 4Hr gives us a reversal sigh which it should.. But after today.. tomorrow expect the unexpected.. Friday
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Raza replied Jul 23, 2009What was the reason..I looked at the Chart.. It did not speak to me.. my reason to short was frustration...lol
Auslanco - GBP/JPY and GBP/USD (newstrade)