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

  • #1,321
  • Jul 30, 2007 7:26pm Jul 30, 2007 7:26pm

i think we just entering major wave 5 like monarch ever mention...and there will be correction a,b,c and thats will 1000 or 2000 drop...if that happen it will fullfill the prophcies of elliot wave and august big sell out
...just and opinion i think

Quoting 59fender
I was just beginning to think here comes your 1,000 pip drop! seriously

"Analysis Is Hard But Trade Is Easy"
  • #1,322
  • Jul 30, 2007 7:29pm Jul 30, 2007 7:29pm
Quoting smjones
Well I do not know what you guys are on about, but I am a good detective...
LOL

http://www.elitetrader.com/vb/showth...threadid=95325

I will step aside now , sorry for the intrusion.

LOL... guys... I have no connection to this thread..Infact I will be a signal service provider for fx-auto from next month. because my gfcmfx2 system has performed better than any forex auto signal service in the world for the last 30 days. Fx-auto invited me to come and join them after seeing my collective 2 performance... if anyone wants to see proof please PM me. FX-auto has my GFCMfx2 system listed on their platform already
  • #1,323
  • Jul 30, 2007 7:29pm Jul 30, 2007 7:29pm
Quoting auslanco
My typical entry point was 241.07... 1hr strength indicator crosover to 50... but I fell a sleep... SL240.03 T 243.20
auslanco, Are we still at the downtrend or are we at a reversal trend upward?
  • #1,324
  • Jul 30, 2007 7:30pm Jul 30, 2007 7:30pm
Quoting trader8686
auslanco, Are we still at the downtrend or are we at a reversal trend upward?
We are catching a daily retracemnt to 5 SMA
  • #1,325
  • Jul 30, 2007 7:31pm Jul 30, 2007 7:31pm
Quoting auslanco
We are catching a daily retracemnt to 5 SMA
What is the price of that 5 SMA (haven't set up SMA)
  • #1,326
  • Jul 30, 2007 7:32pm Jul 30, 2007 7:32pm
Good morning everyone,

I can't believe the amount of posts coming into this thread! I guess I'll have about an hours reading every morning just to get up to speed.

Anyway, haven't read back yet so I don't know where you are all at but I see that the 1H is trying to unwind a bit.

Aus, what is your experience with this pair reversing in the middle of the asian session and do you think that there is a point in the asian session where we have to be particulary careful?

regards

Mike
  • #1,327
  • Jul 30, 2007 7:33pm Jul 30, 2007 7:33pm
Quoting trader8686
What is the price of that 5 SMA (haven't set up SMA)
243.2
  • #1,328
  • Jul 30, 2007 7:33pm Jul 30, 2007 7:33pm
Quoting trader8686
What is the price of that 5 SMA (haven't set up SMA)
243.20
  • #1,329
  • Jul 30, 2007 7:35pm Jul 30, 2007 7:35pm
Quoting MikeW
Good morning everyone,

I can't believe the amount of posts coming into this thread! I guess I'll have about an hours reading every morning just to get up to speed.

Anyway, haven't read back yet so I don't know where you are all at but I see that the 1H is trying to unwind a bit.

Aus, what is your experience with this pair reversing in the middle of the asian session and do you think that there is a point in the asian session where we have to be particulary careful?

regards

Mike
Havent seeing very often... not a big reversal anyway..
  • #1,330
  • Jul 30, 2007 7:36pm Jul 30, 2007 7:36pm
Quoting 59fender
I was just beginning to think here comes your 1,000 pip drop! seriously
looks like a reversal right here posted a chart were did it go?
  • #1,331
  • Jul 30, 2007 7:38pm Jul 30, 2007 7:38pm
I have just been told by a (expert) that the G/J will hit 252.00 with in the next few days...

Good job I trade whats in front of me....lol

  • #1,332
  • Jul 30, 2007 7:39pm Jul 30, 2007 7:39pm
I have to go to sleep now, but I don't want to miss a big drop like you are saying, could you estimate an hour GMT time for the price to get on a move like that, for example some of the busy hours of the asian sesion or maybe the london open, something so I can set my alarm clock right. I am still not familar with the particular busy hours for the trading sesions.
Thanks
  • #1,333
  • Jul 30, 2007 7:40pm Jul 30, 2007 7:40pm
Thanks for the buy signal! I'm in! ;-)

Just out of curiousity, how do they know this?



Quoting glenn5t
I have just been told by a (expert) that the G/J will hit 252.00 with in the next few days...

Good job I trade whats in front of me....lol

  • #1,334
  • Jul 30, 2007 7:41pm Jul 30, 2007 7:41pm
Quoting glenn5t
I have just been told by a (expert) that the G/J will hit 252.00 with in the next few days...

Good job I trade whats in front of me....lol

he must have been holding his longs just before the fall
  • #1,335
  • Jul 30, 2007 7:41pm Jul 30, 2007 7:41pm
shorted at 241.61. does anyone have any good money management coursed i can take or any books i can read seems like i cant control my leverage. will appreciate the help.
  • #1,336
  • Jul 30, 2007 7:41pm Jul 30, 2007 7:41pm
Quoting ovidiu
I have to go to sleep now, but I don't want to miss a big drop like you are saying, could you estimate an hour GMT time for the price to get on a move like that, for example some of the busy hours of the asian sesion or maybe the london open, something so I can set my alarm clock right. I am still not familar with the particular busy hours for the trading sesions.
Thanks

The big drop will not happenn during the asian... may be NY.. cant really predict a specific time frame.. still 4hr strength is bullish and it's getting stronger
  • #1,337
  • Jul 30, 2007 7:41pm Jul 30, 2007 7:41pm
Quoting glenn5t
I have just been told by a (expert) that the G/J will hit 252.00 with in the next few days...

Good job I trade whats in front of me....lol

I thought that was between you and I
  • #1,338
  • Jul 30, 2007 7:41pm Jul 30, 2007 7:41pm
I think he works of weekly fibs....therefore he working from a extension of the last fall..
I think thats how he does it....

  • #1,339
  • Jul 30, 2007 7:43pm Jul 30, 2007 7:43pm
There's no way a big drop will happen under these conditions.. bullish strength is getting stronger towadrs 243.20
Attached Image
  • #1,340
  • Jul 30, 2007 7:43pm Jul 30, 2007 7:43pm
ok never mind no chart
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