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kujo17 replied Mar 12, 2008207.41 is proving to be tough to break on the 4H. This bar closes in 6 mins. I think we may have some 'down' time before our next move up. This will have the QQE close to crossing down here and it's just been straddling the 50 line. Lets see what ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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kujo17 replied Mar 12, 2008207.7 has held 8 1H bars. She dropping again and all Mom/QQE's from 1H and below are down. Still targeting 205.71 area, but short again from 207.30 to 206.20 for a quick scalp. Then, see if we're rejected at the DP for our move up to 210 and 213 ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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kujo17 replied Mar 11, 2008207.70 proved to be a strong S/R area. Seems we'll get a small 38.2 or 50.0 retrace during the Asian/London session, as it looks like the GU is retracing a bit, along with the UJ. 205.71 will be my target to go LONG. 213 with the possiblity of 217 ...
Kujo's Forex Journey..........
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kujo17 replied Mar 11, 2008Or a 1961 Ferrari 250 GT California or an Aston........ classy....... I won't even tell you what the stigma of a Lambo is in LA, CA.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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kujo17 replied Mar 11, 2008Thanks Mike. The girls are adorable and my kids are the reason I'm working my arse off at Forex. To be home with them and not working at the movie studio for 80 hrs a week. You're not Karmo, but I've learned alot from you as well. Glad you're in ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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kujo17 replied Mar 11, 2008Our beloved 217 !! Just took a bit longer than we originally thought, huh K ? But, running up from 204 is nice. 207.7 is proving to be troublesome. Maybe a 50.0 retrace during the Asian session ? 205.7 area to reload ? kj
Auslanco - GBP/JPY and GBP/USD (newstrade)
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kujo17 replied Mar 11, 2008Hi, I use RSI it set to 14. I set levels at 70,60,50,40 and 30. I use QQE5 I use Fibs and TLs on the upper TFs for TPs and to figure out probable reversal areas. I also use 10,20 and 50 SMAs on the 5 and 15M charts. What I'm doing lately is this. ...
Kujo's Forex Journey..........
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kujo17 replied Mar 11, 2008Yes. I have a strong S/R level TL sitting on 205.71 as well. If it gets stopped up there, we'll look up.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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kujo17 replied Mar 11, 2008I'm with MikeW. 205.13 would be my 'prime' entry to go back up. 1H is almost crossed down. 50sma is at 205.55 area on the 15m. I'll target that for my small short from 206.65 area (scalp) Then, load up on a rejection/reversal.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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kujo17 replied Mar 11, 2008Short 206.99 x1 lot, on the news spike retrace. Exited at 206.63, the 23.6 fib of this last move up. Not sure a 50/61.8 retrace is in the cards. 30 pips booked.
Kujo's Forex Journey..........
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kujo17 replied Mar 11, 2008Here's my take. 7:23 am PST We had a big news spike. 4H QQE is up and RSI isn't into over bought yet, so I'm looking at some upward movement today. Probably to the 208.5 area, which is a 50.0 retrace from the last big drop. 1H QQE is still up, but ...
Kujo's Forex Journey..........
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kujo17 replied Mar 11, 2008Looks like our little thread has died. Here's my take. 7:23 am PST We had a big news spike. 4H QQE is up and RSI isn't into over bought yet, so I'm looking at some upward movement today. Probably to the 208.5 area, which is a 50.0 retrace from the ...
GBP/JPY for QQE Traders!
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kujo17 replied Mar 11, 2008punched out at the 10sma for a quick 30 pips. doesn't look like a retrace is gonna happen.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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kujo17 replied Mar 11, 2008This is why I had to switch to trading 4am to 10am pst. I was getting boned on US news while asleep here on the west coast. Rode her down nice yesterday. Missed some of this ride up, but scalped out a few and now I'll take her down on the retrace ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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kujo17 replied Mar 10, 2008Hope all are well. Back to trading, just with more babies to feed ! ;- ) Well, seem we have a nice little up trend on the 4H. QQE is still up and just straddling the 50 line, so could go either way. But, we have a nice long term lower TL tracing ...
Kujo's Forex Journey..........
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kujo17 replied Mar 10, 2008Hi Spence, Basically, what I'm doing now is this. 5m and or 15m charts, depending on how noisy it is. QQE5 and RSI I'll watch the 1H/4H trends on the QQE and then trade ONLY this direction. If it's UP, I'll wait till RSI is in over sold area on the ...
Kujo's Forex Journey..........
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kujo17 replied Mar 7, 2008Wow....twins can keep you up at night. Unfortunetly, I missed my 4am alarm clock to start at the US/EU overlap. Sometimes, PST is tough. missed out on a few (300) scalped pips. But, I'm short from 207.55 TP is at 206.17 for the moment. Just getting ...
GBP/JPY for QQE Traders!