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

  • #2,701
  • Aug 1, 2007 8:07am Aug 1, 2007 8:07am
Quoting bballfan31
I'm looking for upside target before big move down. Potentially 239 is possible before next major push up.


remember from yesterday I do not scalp the market I get in set SL and TP and there it sits until it hits.

There will be alot of noise on the 1hr chart before target is achieved
Potentially 239 is possible : Is 239 T/P target?
  • #2,702
  • Aug 1, 2007 8:09am Aug 1, 2007 8:09am
Quoting karmostaji
no sign of short yet, 242.70 is in sight

edit - daily trend is downtrend... might change at the end of the day, we wait and see
waiting for my tp to hit 242.70
Trade what you see, not what you think.
  • #2,703
  • Aug 1, 2007 8:10am Aug 1, 2007 8:10am
Quoting trader8686
The bounce you talk about 244.50-245 is after hit 237 or before?
I am looking to short now.

Can anyone help? I got hurt a lot.
And where is 237 from not me. Next MAJOR move from 245 will be down into 235's or lower and may be the one that bounces to the moon.

This may happen next week or 3 weeks I have no idea but like I said there will be a lot of noise in the meantime
  • #2,704
  • Aug 1, 2007 8:11am Aug 1, 2007 8:11am
Quoting karmostaji
Study, learn, practice, good money management, don't over-leverage, you will be fine

Trade what YOU see, NOT what others are seeing
And what happens if you see wrong all the time
  • #2,705
  • Aug 1, 2007 8:11am Aug 1, 2007 8:11am
Quoting Ash
Had $13,000.00 last month, went down to $146.00. Brought it back up to over $2100.00 two days ago and as of right now, $31.00. I still haven't given up .

Learn from your mistakes and hopefully never repeat them.
It's all about money management.
Humble Lifetime Member
  • #2,706
  • Aug 1, 2007 8:11am Aug 1, 2007 8:11am
Quoting karmostaji
waiting for my tp to hit 242.70
Thanks, just need you to take care like this.
  • #2,707
  • Aug 1, 2007 8:12am Aug 1, 2007 8:12am
Quoting VishalJ
And what happens if you see wrong all the time
QUIT.
  • #2,708
  • Aug 1, 2007 8:14am Aug 1, 2007 8:14am
Quoting bballfan31
And where is 237 from not me. Next MAJOR move from 245 will be down into 235's or lower and may be the one that bounces to the moon.

This may happen next week or 3 weeks I have no idea but like I said there will be a lot of noise in the meantime
Do we go to 245 from here? I got 242.70 next.
  • #2,709
  • Aug 1, 2007 8:15am Aug 1, 2007 8:15am

UJ and GU look Toppish...karmostaji said it gonna hit 242.70...
but i dont think so...next mover is four news ...

Quoting trader8686
Looks like it's going up, again....

"Analysis Is Hard But Trade Is Easy"
  • #2,710
  • Aug 1, 2007 8:16am Aug 1, 2007 8:16am
Quoting Se[V]eN

UJ and GU look Toppish...karmostaji said it gonna hit 242.70...

but i dont think so...next mover is four news ...


Let check, what time is the news?
  • #2,711
  • Aug 1, 2007 8:16am Aug 1, 2007 8:16am
Quoting VishalJ
And what happens if you see wrong all the time
you will need to practice more, trade more, get experience

nobody just simply gets it the first day, week, month.. I've been trading now nearly a year and I consider myself a newbie.. i do mistakes still but there are certain rules you must stick to, go to the beginners section and read every stickied thread there

No miracle is going to happen, we study and learn everyday
Trade what you see, not what you think.
  • #2,712
  • Aug 1, 2007 8:17am Aug 1, 2007 8:17am
Quoting karmostaji
you will need to practice more, trade more, get experience

nobody just simply gets it the first day, week, month.. I've been trading now nearly a year and I consider myself a newbie.. i do mistakes still but there are certain rules you must stick to, go to the beginners section and read every stickied thread there

No miracle is going to happen, we study and learn everyday
Next is the news, how do we go 242.7?
  • #2,713
  • Aug 1, 2007 8:18am Aug 1, 2007 8:18am
Quoting trader8686
Potentially 239 is possible : Is 239 T/P target?
I do not post calls I trade one way on this pair... Long
I do not try to short this pair
All I am saying looking at my setup this has the potential for 239 b4 it hits 245 and at 239 it will be a nice bounce to that area
  • #2,714
  • Aug 1, 2007 8:18am Aug 1, 2007 8:18am
Quoting Se[V]eN

UJ and GU look Toppish...karmostaji said it gonna hit 242.70...
but i dont think so...next mover is four news ...



News will indeed affect the price but Trend always win, Auslanco said it a couple of days ago here as well
Trade what you see, not what you think.
  • #2,715
  • Aug 1, 2007 8:19am Aug 1, 2007 8:19am
Quoting Big Bruv
QUIT.
Yeah I want to quit, but I dont know what I will do after that..
  • #2,716
  • Aug 1, 2007 8:21am Aug 1, 2007 8:21am
Quoting Ash
Had $13,000.00 last month, went down to $146.00. Brought it back up to over $2100.00 two days ago and as of right now, $31.00. I still haven't given up .

Learn from your mistakes and hopefully never repeat them.
Amen !!
  • #2,717
  • Aug 1, 2007 8:21am Aug 1, 2007 8:21am
so, karmostaji, what's your position now? entry point? long?
  • #2,718
  • Aug 1, 2007 8:21am Aug 1, 2007 8:21am
Quoting kreeper_6
Do you take trading forex seriously? I am curious......

I've been lurking around here for months, but I just can't take it anymore. I had to say something!

Yes, I take it seriously and have fun doing it. Yeah, I've lost money but due to my own mistakes. I've thought about ghiving up but how can I? I want to learn and yes, make money at the same time. First step is that I have to learn money management and take it from there.

Don't give up. My college motto was "Never Give In" and I try live by those words.
Humble Lifetime Member
  • #2,719
  • Aug 1, 2007 8:22am Aug 1, 2007 8:22am
Quoting Se[V]eN

UJ and GU look Toppish...karmostaji said it gonna hit 242.70...
but i dont think so...next mover is four news ...


Ditto ...this sucker is going down baby.....
  • #2,720
  • Aug 1, 2007 8:22am Aug 1, 2007 8:22am
so the trend is up already?

Quoting karmostaji
[/left]

News will indeed affect the price but Trend always win, Auslanco said it a couple of days ago here as well
"Analysis Is Hard But Trade Is Easy"
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