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dagoods replied Jan 4, 2008ok guys — how about a chart and some analysis?... lareger timeframes ...uj is is looking down to test weekly support levels if it doesnt break these levels she is sure to bounce bak up if she breaks the lower supports she is done for this is ...
USD/JPY Discussion
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dagoods replied Jan 4, 2008gj short scalper? — did amyone else scalp this litlle move here? but notice the price action.... we may soon see the bottom for a bit all i get a feeling that gj wants to break up at some point.....
Auslanco - GBP/JPY and GBP/USD (newstrade)
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dagoods replied Jan 4, 2008still confused — ok sool! i see that... but i guess i am just confused becase rate cuts = gj going down with uj going down? no? but dow rally usually = uj up and gj possibly up????

and you pointed out the disconnect with the dow and ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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dagoods replied Jan 4, 2008just curious — just curious if you drew lines around that thinner channel? and what happened? post a chart for everyone to see!
Cable Update (GBPUSD)
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dagoods replied Jan 4, 2008
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i second that! was just making the point that when the fed gets involved it screws up the old technical analysis... was a silly little joke wishing i had a bernakke indicator thats all
if there is an interim cut what do you ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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dagoods replied Jan 4, 2008careful — skunny told newbies to stay away from GJ! careful the fed has gotten involved again on this dow drop.... also bigger timeframe issues gong on with the gj! stick to other pairs!
Indicator Free Trading - Skunny
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dagoods replied Jan 4, 2008fed announcement — uj was headed down and gu was fingding support until the dow started taniking and the fed announced more liquidity,,,, just so you all know y things went a bit wacky.... the long term trends will not change for those using ...
Cable Update (GBPUSD)
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dagoods replied Jan 4, 2008sigh — there are no shortcuts in forex as you already know and we all learn more each day..... to all you new people on this thread....please refrain from posting trade calls nobody learns from your amateur speculation how about posting a ...
Cable Update (GBPUSD)
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dagoods replied Jan 4, 2008dont forget — ok but dont foreget about your bernakke indicator!

Auslanco - GBP/JPY and GBP/USD (newstrade)
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dagoods replied Jan 4, 2008good one — yeah i saw that one too! cant waitn for that next down wave! wave 5 would be in quecees words..... PRICELESS!
Auslanco - GBP/JPY and GBP/USD (newstrade)
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dagoods replied Jan 4, 2008ahhhhh — ahhhhhh now it makes sense!
was wondering when the fed was going to get in there!Auslanco - GBP/JPY and GBP/USD (newstrade)
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dagoods replied Jan 4, 2008just the dow — thats just the dow my friend....lol its a false rally! he he i am on sidelines wating for that little mystery to end.... when the uj starts to freefall again and the gu ends its litlle minirally (maybe not today) i will be there ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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dagoods replied Jan 4, 2008uj — to me gu looks temporarily supported uj is in freefall until further notice..... if g/u cant push up through its resisatnce gj will drop like a hammer .... lets hope so! trade according to you own plan and what you see..... i get the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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dagoods replied Jan 4, 20081 hour — here is the one hour.... you can see where the resistance is.... so personally i wont feel comfortable long unless until that resistance is broken to the upside..... if price is rejected there i will short for at least a scalperdoo! ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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dagoods replied Jan 4, 2008thanks! — thanks bud! got computer fixed just needed to reboot! appreciate the kind words. I've been working hard and always learning!

Auslanco - GBP/JPY and GBP/USD (newstrade)
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dagoods replied Jan 4, 2008uj — i was thinking uj could drag her down as well..... uj not looking very supported either..... this could be a fun day! or if not it could be another ranging scalper day ..... either way.... forex novice.... sorry bud but i respectfully ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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dagoods replied Jan 4, 2008not yet — this is NOT a good scalp yet qucee IMO may not make it up through resistance...... may get rejected and fall more IMO I am waiting to see chart>>>>>>>>>
Auslanco - GBP/JPY and GBP/USD (newstrade)
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dagoods replied Jan 4, 2008sl — got my sl to pus 1 before bed last night on usd/cad whew!!! i owe it all to you mike (trading in good spots and with tight stops and even if you are wrong you can get out with a small loss or even!) I love it! PS i think it only went ...
MW's trading journal
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dagoods replied Jan 4, 2008you better — if you give in to you wife and go part time I quit! how am i going to trade without YOU! tell her i'll spilt my profits with her!

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