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forexlion replied Apr 15, 2008the 4 hour trendline was rejected so its down back to 198.64 / 74 area
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Apr 15, 2008do we ever break that trendline or keep scalping on daily pivots
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Apr 15, 2008nothing goes down for everrrrrrrrr it is the rebound in gu which will drive gj againnnnnnnnn
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Apr 15, 2008with 198.35 or monthly 38.2% forming the lower support draw a line connecting all the tops on a 4 hour chart this forms the upper resistance. now unless this triangle breaks, forget any long positions. at the same time unless 198.35 breaks forget ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Apr 14, 2008using anchorfx_trendmaster.mq4 first figure is strength of the weekly trend on a scale of +100% to (-)100% second is the 4 hour 55 ema for the current bar third is the 1 hour 100 sma for the current bar fourth is the current bid red is the trendline ...
Lets Talk GBP/JPY "the geppy"
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forexlion replied Apr 13, 2008lets see if we get that 198 thingy and also manage that march month close once the march month close goes then it is 196.09
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Apr 13, 2008hire some sumo wretlers to add weight
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Apr 11, 2008xpma will not work unless t3ma is also present in the indicators folder xpma uses a function call from t3ma
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Apr 11, 2008consider a very simple mt4 feature
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Apr 11, 2008we made our A B pattern today, instead of yesterday as i thought earlier. here is a custom modified wolf elliot wave indicator which should give better waves. and yes, today is my second day in elliot wave theory so i am no expert in this theory. ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Apr 10, 2008i am basing on current week, since i am using current week fib, on a longer term you may be correct because we have a longer 218 possibility.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Apr 10, 2008I hope I have drawn this correctly, this is my first attempt at elliot waves. But if this works out we go to 203.05 and then settle down for 201.98 to close the current week.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Apr 10, 2008So, correct me if i am wrong we go down to 200.08 and then to 202 ?? or 202.54 which is last week's close.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Apr 10, 2008200.78 turns into a resistance now, so my SL becomes the open price of 201.04 itself. from here my trade is all green, even if sl is hit.
or +96 tits if it completesAuslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Apr 10, 2008chill man, i was joking there. i trade only from 1 weekly fib level to the other, with 4 hour trend as a reference, nothing more than that. Gets me a sufficient 2% a day average, with a 1% margin used. And yes i do sit a lot on the fence flirting ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Apr 10, 2008ohhh so you do 4 hour stands with gj ? not married ?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Apr 10, 2008GJ should give a good short from 201.04 to 200.08 Kindly verify this trade and let me know.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Apr 10, 2008I guess we have reached max down for the day, and now we should start retracing with the EU news. What say
Auslanco - GBP/JPY and GBP/USD (newstrade)
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forexlion replied Apr 9, 2008A very simple yet very effective tool, trend meter Nothing to do with volumes, just the current candle values of high, low, open, close Positive is uptrending, negative is downtrending range is from +100% to -100% try it. A lazy trader like me loves ...
A Trading Idea which needs Refining