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mike w replied Nov 10, 2008Longs were closed for a 10 pips loss and shorts were opened at .45 at the 5 sma retracement area of this last 15 minute short sign.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Nov 10, 2008Same here now, 15 minute just crossed back downwards. I'll be going short at .45.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Nov 10, 2008We just broke the high to that 30 minute pin. Nice little trade being produced off that. I'm thinking we're going to have to break the hourly bar on the usd/jpy to move futher up at the moment. The high on the hourly is 99.26 on my charts. 5 pips ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Nov 10, 2008Here's the confirmation bar on the 15 minute chart and the bullish 30 minute chart. Let's see if this will sway up until we get a solid hourly signal to ride the price out.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Nov 10, 200815 minute bounce off gann support area. I'm long now.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Nov 9, 2008I had an excellent weekend and hope the same for everyone else here. Now it's time to get settled in for some work. Let's get some more profit this week ladies and gents. Best of luck to all of you. I'll be posting on the market open and on a few ...
Cable Update (GBPUSD)
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mike w replied Nov 7, 2008BTw, if you guys trade the gbp/jpy, check out the 4 hour coming up. Oh the possibilities for this day!
Cable Update (GBPUSD)
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mike w replied Nov 7, 2008Nice! I come back from the shower to 2 grand lol Good day in my book. My TPs are in the 152s based on the daily setup. I'm not too much worried about the rest of the day. The eur/usd had the same setup as cable today and I traded it too lol
...Cable Update (GBPUSD)
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mike w replied Nov 7, 2008Thanks! I've been seeing quite a bit of trades coming along on the gbp, but I just haven't posted much on them. Today I couldn't resist however, it was too perfect in positioning.
Cable Update (GBPUSD)
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mike w replied Nov 7, 2008Very nice! And yeah, that 15 minute is definitely in favor for the bears.
Cable Update (GBPUSD)
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mike w replied Nov 7, 2008That PPZ is holding fairly well it seems like. I'm back to BE on my main position now so I won't be adding any more to it though. Maybe on the ride back down.
Cable Update (GBPUSD)
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mike w replied Nov 7, 2008Ah Ok, thanks for the explanation! I agree, there is a PPZ at 5850 which would play out as resistance for the short term. Then the longer term, like you said, is bearish so I will definitely be playing out the shorts unless that pin were to break to ...
Cable Update (GBPUSD)
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mike w replied Nov 7, 2008This is normal in my book. It's just a retracement imo like I said earlier for the pin and confirm bar. I would think to see some settling down in the next 15 or so minutes.
Cable Update (GBPUSD)
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mike w replied Nov 7, 2008Yep I just added too. I'm surprised it jumped this high, but like Jamie said, crude went wild lol
Cable Update (GBPUSD)
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mike w replied Nov 7, 2008Nice work! Quick and easy for a gain. What did you mean by next candle could go more down this one? I must just be having a brainfart lol
Cable Update (GBPUSD)
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mike w replied Nov 7, 2008And BOOM! There's your good price ladies and gents. Retest of trendline, also fib level and I'd be looking to see further downside now. That's perfect.
Cable Update (GBPUSD)
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mike w replied Nov 7, 2008Wow, very nice! I don't normally hear of results like that on even a 5 or 15 minute.
Cable Update (GBPUSD)
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mike w replied Nov 7, 2008Here comes our retracement after the pin and confirm bar. This will give us another solid opportunity to get in on the action if you missed it the first time around at a good price IMO.
Cable Update (GBPUSD)
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mike w replied Nov 7, 2008See, I've tried it but I feel like a heart attack waiting to happen on that low of a timeframe lol I thought you traded lower based off your postings. Thanks!
Cable Update (GBPUSD)