You think we might get a big bounce off 136.3 area?? this will be the 4th time its touched, last 3 shes gone back up to the 138 region.

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

Dumb question: Wouldn't the anticipated rate cut be factored into the market already? I mean in the last few days, the various bad news release have seemingly just been by-passed by any real PA, it just continued on doing what its doing. Thoughts??

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

would that be classic bullish divergence on thr 5m TF?

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

That is a good idea, I will have to try that

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

Fake b/o just gave me +70 - 1/2 off, rest at b/e

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

I'm not sure, but that looks to me like classic bearish divergence on the 5min TF..

Lilmoe's Trading System and Analysis

Ah, I'm just demo trading right now, trying to get a better grasp on how to trade this way.

Lilmoe's Trading System and Analysis

I was thinking all the same idea, the HD on the 30 min, PA is above the 5SMA, and a bit below the Gann & 50ema, and ofc the daily pivot is a ways off and the CCI is round 0 On the 15 TF, its just crossing the 50EMA. and above Gann & 5sma, CCI is ...

Lilmoe's Trading System and Analysis

Thanks Crispin, that makes perfect sense to me now

Lilmoe's Trading System and Analysis

I dont see the HD? How about a chart, lol, so i can see it. I shorted off the 50ema bounce anyway, closed it out for 40 pips. Thanks

Lilmoe's Trading System and Analysis

Well i'm one of those guys who bought at 137.6, just on the chance, plus the stoch system i use (while learning lilmoes) gave me a pretty good retracemnt signal, anyway 1/2 off at +70, rest to b/e (usually good for 40-50pips) Ah the power of the ...

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

I'm the same as you cept its only 11:30 pm. Since were basically trading just above yesterdays lows, wouldnt you be expecting some kind of retracement before the bears come out in force?

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

Its all there on page 1 bro.. clear as mud, actually 1 of the best system descriptions put together here i think

Lilmoe's Trading System and Analysis

Hi Lilmoe, Quick question for you about Divergence, on the 5 TF or i guess anytime frame really. What would you define as an acceptable divergence indication in terms of # of candles? Secondly, when you say watch to see how it plays out, is there a ...

Lilmoe's Trading System and Analysis

This is where as a rookie trader I begin to falter, I'm not brave enough to go short at this level and with another impending (???) big drop comming, not to certain about going long. So I'll just sit on my hands at watch the charts for a while.

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

I found a simple indicator that just helps to visulaize the range of trading, i though it was pretty good for a rookie like myself, not so much as to indicate when to trade but just to give a general feel of where the market is. Its kinda like a ...

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

I too have a short over the w/e from 147.8......

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

I had a buy signal, but of course i use a different system I been bored all day, just waiting to try and trade something, but i didnt take that trade. If anything the I think patience is the best thing i've learned so far out of this thread.

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

I hope asia does not retrace the US session as normal haha

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

Dr. G.. put the markers down and step away from your computer... haha, that is hillarious

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