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Auslanco - GBP/JPY and GBP/USD (newstrade)

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  • Post# 184,801
  • Quote
  • Jul 17, 2009 3:35am
  • pino2
    Joined Jun 2006 | 1,489 Posts | Status: Trend is not my friend
Quoting donfriday
still bear bias since yesterday holding my top short tp 50 sma on 4hrs and 115 sma on 1hr chart...let see how it goes.
Yes I closed my GJ short trades too early as I wasn't comfortable with the PA since yesterday strange moves, I couldn't hold them so I closed them before reaching my target, when I'm not comfortable with a trade I close it, I don't like keeping it on my nerve, yesterday PA have succeeded in making me close all my short before reaching my target, I hate to trade days like yesterday, but still I have some lots for GU open @ 1.6450 area with target @ 1.5900 which I feel we can reach it before month end
  • Post# 184,802
  • Quote
  • Jul 17, 2009 3:46am
  • ewokuk
    Joined Oct 2008 | 1,608 Posts | Status: Member
just looking at 5min, is that a bear flag?
  • Post# 184,803
  • Quote
  • Jul 17, 2009 3:49am
  • Naijafx
    Commercial Member | 1,211 Posts | Joined Nov 2007
Quote
Bro.. I agree with you..

Cable is on SPECIAL Today... if we close below 150.. then we are going to see GY on


GARAGE SALE..


down to 140 or lower.. and with that we are going to finish our Up move correction, after what we are ready for 170 or higher..
I posted this on another forum 9hrs ago on GU
http://www.forexfactory.com/showpost...&postcount=224

check for yourself where price is now

Keep it simple, the mkt trends/move in a simple manner.....
  • Post# 184,804
  • Quote
  • Jul 17, 2009 4:00am
  • Piters
    Joined Sep 2006 | 9,432 Posts | Status: Collector
Quoting Naijafx
I posted this on another forum 9hrs ago on GU
http://www.forexfactory.com/showpost...&postcount=224
check for yourself where price is now

Keep it simple, the mkt trends/move in a simple manner.....
good job mate..

watch this video Brother.. when you can

http://video.google.com/videoplay?do...ASE+FOR+CHRIST+


or here [same video]

http://this-present-crisis.blogspot....ist-which.html

1h and 11min
  • Post# 184,805
  • Quote
  • Jul 17, 2009 4:05am
  • ewokuk
    Joined Oct 2008 | 1,608 Posts | Status: Member
DB with divergence on 5min, bought at 152.69. 1st target 153, 2nd target 153.75/80

seems to be buying interest at that 152.50?
  • Post# 184,806
  • Quote
  • Jul 17, 2009 4:05am
  • Scotty B
    Joined Dec 2007 | 1,406 Posts | Status: Informed
Quoting Piters
good job mate..

watch this video Brother.. when you can

http://video.google.com/videoplay?do...ASE+FOR+CHRIST+
or here [same video]

http://this-present-crisis.blogspot....ist-which.html

1h and 11min
Piters,

Are you a christian? Just curious
  • Post# 184,807
  • Quote
  • Jul 17, 2009 4:13am
  • pino2
    Joined Jun 2006 | 1,489 Posts | Status: Trend is not my friend
Quoting Scotty B
Piters,

Are you a christian? Just curious
Piters is a trader and I consider him one of the masters here in FF and he strives to help people here
  • Post# 184,808
  • Quote
  • Jul 17, 2009 4:13am
  • Piters
    Joined Sep 2006 | 9,432 Posts | Status: Collector
Quoting Scotty B
Piters,

Are you a christian? Just curious
I AM, my friend...

[btw.. watch the movie when you can, but all,.. - the historical facts.. ]
  • Post# 184,809
  • Quote
  • Jul 17, 2009 4:14am
  • forex888
    Joined Dec 2007 | 393 Posts | Status: I like volatility
I think there will a market shaking tonite due to what happen today in Jakarta. I just short it..

Sometimes the bomber himself can be a market manipulator.

Lets pray to god.
  • Post# 184,810
  • Quote
  • Jul 17, 2009 4:15am
  • donfriday
    Joined Jan 2009 | 3,838 Posts | Status: WHO AM I €&$ ?
Quoting Raza
YOUR TOP Chart is a broadening wedge..

This indicates. Break to the up side..We are going Higher .. INdis are getting to OS levels,

May be.. just may be one more DIP.. to get the weak longs out 152.40..152.10..

Bullish Divergence on 15M .. 1 Hr setting up.. need to go a little lower..

I need a broker with HEDGING OPTION..BADLY.. So I can play both sides..

Good to see You are learning ABC- ZIG- ZAG pattern...always a money maker... combine with Fibs


dont know what a wedge look like, i am getting crazy of different method in my head ...still newbie learning from the senior members...
  • Post# 184,811
  • Quote
  • Jul 17, 2009 4:54am
  • sony
    Joined Nov 2007 | 621 Posts | Status: Member
Raza..How far up we may go...?

Can you see it?

I just bought some from 152.600 and set SL 152.400

Low risk trade...

I should maybe wait this 1h bar to close to see how it is going to manage to do it..but...hm
Work smart not hard:eyebrow:
  • Post# 184,812
  • Quote
  • Jul 17, 2009 5:04am
  • Raza
    Joined Aug 2008 | 5,683 Posts | Status: Money never sleeps
Quoting sony
Raza..How far up we may go...?

Can you see it?

I just bought some from 152.600 and set SL 152.400

Low risk trade...

I should maybe wait this 1h bar to close to see how it is going to manage to do it..but...hm
Your Stop loss is too Close..but as for Money Management not Bad..First target is 153.05 ,, next 153.21..I would suggest just scalp.

Test of the broken line from the Bear Flag is around 153.50- 153.70
Markets are not Random, they are designed.
  • Post# 184,813
  • Quote
  • Jul 17, 2009 5:08am
  • Raza
    Joined Aug 2008 | 5,683 Posts | Status: Money never sleeps
Quoting sony
Raza..How far up we may go...?

Can you see it?

I just bought some from 152.600 and set SL 152.400

Low risk trade...

I should maybe wait this 1h bar to close to see how it is going to manage to do it..but...hm
Well first target HIT AS I WAS TYPING.. WE CAN GO DOWN FROM THERE.

This was to touch 4 HR 50 ema.
Markets are not Random, they are designed.
  • Post# 184,814
  • Quote
  • Jul 17, 2009 5:11am
  • sony
    Joined Nov 2007 | 621 Posts | Status: Member
Quoting Raza
Your Stop loss is too Close..but as for Money Management not Bad..First target is 153.05 ,, next 153.21..I would suggest just scalp.

Test of the broken line from the Bear Flag is around 153.50- 153.70
Work smart not hard:eyebrow:
  • Post# 184,815
  • Quote
  • Jul 17, 2009 5:35am
  • zuzia9
    Joined Jul 2007 | 77 Posts | Status: Member
Raza , comany name is MFGlobalFx they are in Toronto
Zuzia
  • Post# 184,816
  • Quote
  • Jul 17, 2009 5:51am
  • Scotty B
    Joined Dec 2007 | 1,406 Posts | Status: Informed
here we go again
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  • Post# 184,817
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  • Jul 17, 2009 5:55am
  • ewokuk
    Joined Oct 2008 | 1,608 Posts | Status: Member
EXACTLY what I was thinking, bear flag. im short as well so I hope we are right
  • Post# 184,818
  • Quote
  • Jul 17, 2009 6:03am
  • Pham
    Joined Jun 2009 | 262 Posts | Status: Pham
Quoting ewokuk
EXACTLY what I was thinking, bear flag. im short as well so I hope we are right
Did it well
  • Post# 184,819
  • Quote
  • Jul 17, 2009 6:08am
  • Scotty B
    Joined Dec 2007 | 1,406 Posts | Status: Informed
She should not exceed 153.20 by much, we had a good close below the strong support we'd seen there. (thinking of stops)
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  • Post# 184,820
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  • Jul 17, 2009 6:24am
  • Scotty B
    Joined Dec 2007 | 1,406 Posts | Status: Informed
This bear flag seems to have a little better form than the last.
152.20 here we come. Stop at 153.20
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