Thread: GBP and JPY Pairs H1 2013

Originally Posted by Colly

Hello Sir Stan

Could be an EF but I have it as a sym. triangle. Either way the result is the same.

Good Luck to you my friend

Colly
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Oh Colly, i am flatted, i have not attain Sir status.

Since last conversation, really missed talking to u.
Hope one day, we can chat again. Maybe just between us.
All the best!!

Stan

Originally Posted by avkuvalekar

Mate, how do you add those RSIs, the 14,52 ones?
Thanks.
Happy trading.

Hi

I add them by creating them through a formula with two ingredients in their making.

All the software that I have ever tried to utilise them on does not facilitate the data imput.... except that which I use.

Perhaps you could enlighten me on why you quote 14,52 for it has no significance as far as I am concerned.

I have attempted to provide that which I use on the FXCM Marketscope during their trials but we aborted them for we were missing out on large proportions of the smaller moves and the results were about 50% net.

The system I use is at present working on a 92+ % success rate with the trades that are stopped out in loss being 1.7% relative to the gain.

Colly
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Originally Posted by stanchiam

Oh Colly, i am flatted, i have not attain Sir status.

Since last conversation, really missed talking to u.
Hope one day, we can chat again. Maybe just between us.
All the best!!

Stan

To me You are a Sir.

The dedication to the cause that you make, and your willingness to share your hard earned efforts form the foundation for it.

And yes, expect me to be on Skype at some stage soon and perhaps we can chat ( Just tell me you got a mic now ), I have been busy and wished to focus so stepped out for a week to do so.

Another hour me thinks and we can hit our buttons

Later..

Colly
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Originally Posted by Colly

To me You are a Sir.

The dedication to the cause that you make, and your willingness to share your hard earned efforts form the foundation for it.

And yes, expect me to be on Skype at some stage soon and perhaps we can chat ( Just tell me you got a mic now ), I have been busy and wished to focus so stepped out for a week to do so.

Another hour me thinks and we can hit our buttons

Later..

Colly
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wow, thanks.
And yes, i have the mic ready...
Hope to see you...
Cheers

Originally Posted by stanchiam

wow, thanks.
And yes, i have the mic ready...
Hope to see you...
Cheers

What better word than HOORAHHHHH !!

Stan, do you have a count on Kiwi/Dollar ? I have a very interesting scenario appearing on my charts. If you do then don't worry about sharing it here I'll discuss it with you soon anyways.



Colly
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Originally Posted by Colly

What better word than HOORAHHHHH !!

Stan, do you have a count on Kiwi/Dollar ? I have a very interesting scenario appearing on my charts. If you do then don't worry about sharing it here I'll discuss it with you soon anyways.



Colly
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no i don't, now only have eu, au updated.

Stan

Originally Posted by stanchiam

no i don't, now only have eu, au updated.

Stan

Ok

Just had a scan across the TF's for Aussie/Dollar and see the scenario is somewhat similar.

Huge divergence on Day, lesser so but still true on 3Hr TF.

I'm watching them with interest anyway.. a little bit reluctant to short either of them given current Carry Trade rates though.

Heres the Aussie 3 hr Chart:

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EUR/USD currently @ 8hr support with some bullish reversal candles, often when you see many reversal candles after another there may be consolidation on a lower time frame. So our smaller times if that can be identified it'll help pick the direction of the euro. If it were to break the resistance pushing higher confirming our bullish 8hr candles, then possibly may reach the high of the past several days around the 1.2900 price. If it were to continue in the bullish and close above those highs we may see 1.2950 or 1.3110. Possibly at those levels we may see some retacement with the euro still under heavy pressure with there fiscal policy, as well technically it completes a Bearish butterfly pattern

Originally Posted by RobertEstevez

EUR/USD currently @ 8hr support with some bullish reversal candles, often when you see many reversal candles after another there may be consolidation on a lower time frame. So our smaller times if that can be identified it'll help pick the direction of the euro. If it were to break the resistance pushing higher confirming our bullish 8hr candles, then possibly may reach the high of the past several days around the 1.2900 price. If it were to continue in the bullish and close above those highs we may see 1.2950 or 1.3110. Possibly at those levels we may see some retacement with the euro still under heavy pressure with there fiscal policy, as well technically it completes a Bearish butterfly pattern

Yes

It may do this or it may do that..

I am short at 1.2724 with SL at + 2 pips

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Originally Posted by Colly

Ok

Just had a scan across the TF's for Aussie/Dollar and see the scenario is somewhat similar.

Huge divergence on Day, lesser so but still true on 3Hr TF.

I'm watching them with interest anyway.. a little bit reluctant to short either of them given current Carry Trade rates though.

Heres the Aussie 3 hr Chart:

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Hi Colly,

I have posted au count in EW forum, please do take a look

Stan

Originally Posted by stanchiam

Hi Colly,

I have posted au count in EW forum, please do take a look

Stan

Thank you Stan,

Looks perfect to me

Tallies with my indicators beautifully.

I may hop in on that too.

I've shorted Kiwi/Dollar with a position that may get lucky but its a slightly top-picking one so have been conservative in its size lol

I've got in at 0.7286 with a 50 pip SL on the upper side and no targets at the moment.

I'll take a similar position with Aussie/Dollar later / Monday.

Meanwhile, on Eur/Usd, I am taking the proverbial Michael..

bought at 1.2694 with a 10 pip limit for w4 of c and that just came in.

I'm now over 15% up for the week and two trades running both in profit

Heres the 5 min Eur/Usd and Day Kiwi/Dollar charts per chat..

Colly

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Originally Posted by stanchiam

Hi Colly,

I have posted au count in EW forum, please do take a look

Stan

PS ~ Forgot to mention...

Appears that there is no real scope of an extension to your count given where the RSI's are... and across all TF's.

Could be a good one.

Lock n... Oh thats your line

Originally Posted by Colly

Meanwhile, on Eur/Usd, I am taking the proverbial Michael..


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Buddy, can I request you to help me out with why did you go long at 94? I went short at 92 and got stopped! :P

Originally Posted by Colly

Hi

I add them by creating them through a formula with two ingredients in their making.

All the software that I have ever tried to utilise them on does not facilitate the data imput.... except that which I use.

Perhaps you could enlighten me on why you quote 14,52 for it has no significance as far as I am concerned.

I have attempted to provide that which I use on the FXCM Marketscope during their trials but we aborted them for we were missing out on large proportions of the smaller moves and the results were about 50% net.

The system I use is at present working on a 92+ % success rate with the trades that are stopped out in loss being 1.7% relative to the gain.

Colly
---

Thanks buddy. I am in no position to enlighten you man! I am an absolute noob. I put 14,52 because that's what I saw in your chart.

German Push to Delay Basel Capital Rules Meets U.S. Opposition

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