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

  • #2,441
  • Aug 1, 2007 12:49am Aug 1, 2007 12:49am
This is what puts me in a good mood -- when they all work together. Total equity target is seconds from being hit.

Quoting markam
I guess you are in a pretty good mood right now. And if drops another couple hundred pips, you might be in an even better mood.
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  • #2,442
  • Aug 1, 2007 12:51am Aug 1, 2007 12:51am
very nice account ben
  • #2,443
  • Aug 1, 2007 12:51am Aug 1, 2007 12:51am
That's gotta be a demo..If not, fund me an account and let me learn under you!
  • #2,444
  • Edited 1:06am Aug 1, 2007 12:53am | Edited 1:06am
Quoting markam
UJ is the really interesting one. This is the fourth attack on 118 in the last week. If 118 goes, there could be a real breakdown.
There it goes now! Looks like most JPY pairs are breaking resistance again.

Edit: breaking support, rather . . .
  • #2,445
  • Aug 1, 2007 12:58am Aug 1, 2007 12:58am
uj may have broken
  • #2,446
  • Aug 1, 2007 12:58am Aug 1, 2007 12:58am
Probably going down, but all my trades just closed so I'm done for the week.

Quoting markam
So what do you think GJ is going to do tonight?
  • #2,447
  • Aug 1, 2007 1:03am Aug 1, 2007 1:03am
waiting for retracement to re enter short.
  • #2,448
  • Aug 1, 2007 1:03am Aug 1, 2007 1:03am
238 is toast.

do I hear 237?
  • #2,449
  • Aug 1, 2007 1:03am Aug 1, 2007 1:03am
GJ down 100 pips in 5 minutes
  • #2,450
  • Aug 1, 2007 1:04am Aug 1, 2007 1:04am
Quoting BenQ
Probably going down, but all my trades just closed so I'm done for the week.

short from 239.46 and riding ej and usj down too, hope this continues, maybe i finally learning something from this thread
Trade what you see, not what you think.
  • #2,451
  • Aug 1, 2007 1:05am Aug 1, 2007 1:05am
Wow there goes another big drop! Hasn't it pretty much broken all immediate support levels at this point?
  • #2,452
  • Aug 1, 2007 1:06am Aug 1, 2007 1:06am
I told you, nothing under 238.5

Keep riding, it may approach 237
  • #2,453
  • Aug 1, 2007 1:06am Aug 1, 2007 1:06am
this is crazy!!!!!! mang.. this is a train that wont stop
  • #2,454
  • Aug 1, 2007 1:07am Aug 1, 2007 1:07am
It has to retrace back to the 1H SMA(5).
  • #2,455
  • Aug 1, 2007 1:08am Aug 1, 2007 1:08am
500 pips drop in more than 12 hours, could correction be due soon?
  • #2,456
  • Aug 1, 2007 1:08am Aug 1, 2007 1:08am
Wow! Placed a short at 239.11 and took a shower. Got out all wet and saw I'm up about 130 pips!

How far do you guys think this will go?
  • #2,457
  • Aug 1, 2007 1:08am Aug 1, 2007 1:08am
and we are out.
  • #2,458
  • Aug 1, 2007 1:08am Aug 1, 2007 1:08am
BENQ- what indicators do you use! Is it t-3?
  • #2,459
  • Aug 1, 2007 1:09am Aug 1, 2007 1:09am
Erm... The 1 hr SMA is pretty damn far. I hope it just keeps dropping haha.
  • #2,460
  • Aug 1, 2007 1:10am Aug 1, 2007 1:10am
The 1 hour retrace is 239.2. I expect at least one more wave down tonight. People are panicking and bailing.
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