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mike w replied Nov 4, 2008Nice chart Belekas.
Now I have something to watch during the shorter term once I take a solid look at it. Thanks for posting that.Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Nov 4, 2008The daily chart closed bearish IMO yesterday and we are still trading underneath the Gann line on the 4 hour charts. I've added shorts at 158.25 as I think this runup was just to see the daily 5 sma before going lower in order to pick up more ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Nov 4, 2008We just saw the daily 5 sma and so I'm thinking more downside to be conitinued as we are still trading below the 4 hour gann line. Btw, my previous shorts were closed at 155 for 500 and 350 respectively. Back in at 158.25 for a short.
MW's trading journal
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mike w replied Oct 31, 2008Ok, I see what you were looking at there. Nice note of the wedge. We've just seen the 15 minute break of the gann and so, if you trade this strategy, you could very well place an entry at the retracement value (if we are to get there). Damn, I love ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Oct 31, 2008Closed out the longs for 1000 and now shorting and holding over the weekend based on this QQE cross down. Entries were at 160 and 158.58 (I know, odd number- it's a taboo thing.)
MW's trading journal
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mike w replied Oct 31, 2008On what timeframe? It's already broken on the ones that hold any weight.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Oct 31, 2008Excellent advice as it seems like a betting house on the board for the last couple of pages. Who's the bookie, I'm in! lol My shorts from earlier are coming back into some profit which is a nice way to close off and out for the week. Have a good one. ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Oct 31, 2008There's a beauty of a 1 hour pin that goes right in line with the bearish 4 hour chart. The QQEs are crossed down and price is below the gann line. Excellent for shorts IMO. Have a good weekend everyone. I'm starting early for a fun night out.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Oct 28, 2008Fantastic my friend, how are you? I've closed out my shorts for the single largest gain I've ever made this week so I'm really happy about that! My girlfriend is gonna be too when she gets to blow it... damn. lol I'm putting that money to the new ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Oct 28, 2008Hey how's it goin guys? I'm with you on that Rgitt. I'm watching it to see how it forms out. If so I would initially target the top of the previous range at 150.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Oct 28, 20084 hour longs paid off and we are at resistance right now. I'd be looking for a retracement from this point. My target was hit however so I am done for the day. I'd be looking for more entries on a lower timeframe now.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Oct 28, 2008Yep, now I'll just be waiting for the hourly. If it can close below, then I will close out my losing 4 hour longs and go short. If it doesn't, then I'm still long ATM.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Oct 28, 2008Just closed for 50 on that short. That support is looking good to me.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Oct 28, 2008I would think to see a bounce before heading lower as we are at the 30 minute gann right now. Either way, I'm in profit and will be adding if we do see a retracement. This is like an active hedge for my 4 hour trade until it turns around IF it is to ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Oct 28, 2008Wow, I just read your mind Iksh! haha I'd call it a valid short signal.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Oct 28, 2008The fifteen minute just turned down for those of you following Auslanco's 15 minute strategy. Support at the top of previous range at 148.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Oct 28, 2008Yep, although I still do other work whenever I feel like it (mechanical, just for friends and helping to coach a local hockey league).
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Oct 28, 2008Yep, I should have posted that it wasn't as well, just a little confirm to the 4 hour setup in a way. I've seen pins do this for a long time now as well, and it works great to get in at a better price than just on the break if your not "trigger ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Oct 28, 2008I hear ya on that, I've only traded the 4hour and 15 minute signals for it lately other than the shorts I had from a few days ago on various pairs. I always try to do a little workout before coming to my computer to make sure I'm awake too. It ...
Auslanco - GBP/JPY and GBP/USD (newstrade)