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Timingy replied Jul 30, 2007And the momentum on the 4H is strating to level out - should begin to come back down and then we'll hopefully have the trigger we've been waiting for.
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Auslanco - GBP/JPY and GBP/USD (newstrade)
- Timingy replied Jul 30, 2007
If you ask me I prefer to walk thru the strategy and actually see how it works rathern than just be looking for something to read. Sometimes not all can be captured in key strokes.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Timingy replied Jul 30, 2007
Sorry trader - that was meant for ns_karthik
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Timingy replied Jul 30, 2007
Whats yours? You sound like you have one - care to share it?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Timingy replied Jul 30, 2007
The momentum on the 4H charts is still pointing up whilst the horlies is pointing sharply downwards. My impressions are that we will begin to see a move back to the 5SMA and then possibly continue downwards.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Timingy replied Jul 30, 2007
Yes - was an upset. But I managed to recoup half the loss riding the beast upwards to 241.33. Am now short from 241.28 with an SL at entry.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Timingy replied Jul 30, 2007
Momentum on the hourlies is starting to point downwards - so we might be turning around here!
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Timingy replied Jul 30, 2007
Once we break the 241.30 level I'll adjust TP to 242.19 and then hopefully get past the pivot points and adjust the SL to Pivot.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Timingy replied Jul 30, 2007
I reversed and entered a [email protected] with a TP at 241.6. Didn't like that SL being triggered. We're stalling at 241.30 but hopefully will make it thru.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Timingy replied Jul 30, 2007
Where is the next resistance according 2 ur charts?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Timingy replied Jul 30, 2007
VT Commodity Channel Index — Anyone using the VT Commodity Channel Index - its giving me a strong buy signal and was wondering if anyone was basing their trades around it?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Timingy replied Jul 30, 2007
Sometimes it comes down to just take a breath and then shoots bak up. The MACD on the 4H charts doesn't look to promsing for our shorts. I'm counting on the larger trend downwards to give us a hand.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Timingy replied Jul 30, 2007
Lonmdoners taking a breather from all the buying - hope they comatose
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Timingy replied Jul 30, 2007
Recommended SL was 240.96 according to what i recall. I'm sticking with it and hoping it holds.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Timingy replied Jul 30, 2007
Yelp ! Our shorts are underwater - 240.55
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Timingy replied Jul 30, 2007
We've also filled the weekend gap now - 240.4 was the favourable entry point earliar!
Auslanco - GBP/JPY and GBP/USD (newstrade)