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

  • #2,861
  • Aug 1, 2007 1:22pm Aug 1, 2007 1:22pm
Quoting PTOURNIS
The 30 min chart shows the strength indictor turing bearish. We'll see in 15 minutes.
PTOURNIS,

If this trend is turning up or down, according to your indicators?
  • #2,862
  • Aug 1, 2007 1:28pm Aug 1, 2007 1:28pm
trader8686
you ask so many questions... that noone is going to like answering you... I'll ask you one.. what do you think is going to do in the next 8 hours? up or down? ... come on you can
  • #2,863
  • Aug 1, 2007 1:31pm Aug 1, 2007 1:31pm
Quoting emda
trader8686
you ask so many questions... that noone is going to like answering you... I'll ask you one.. what do you think is going to do in the next 8 hours? up or down? ... come on you can
emda,
Thanks for helping me out.
I have hurt my account much, that's why so upset, sorry.
I honestly pretty confused now, some say up, some are down.
  • #2,864
  • Aug 1, 2007 1:32pm Aug 1, 2007 1:32pm
Quoting trader8686
emda,
Thanks for helping me out.
I have hurt my account much, that's why so upset, sorry.
I honestly pretty confused now, some say up, some are down.
I figured out...
ok then you have to calm down... and not trade for a day... analyze.. read again all the thread.. try to learn .. and catch the mistake... not asking everybody to fix your account because it may happen again.
  • #2,865
  • Aug 1, 2007 1:35pm Aug 1, 2007 1:35pm
Quoting trader8686
emda,
Thanks for helping me out.
I have hurt my account much, that's why so upset, sorry.
I honestly pretty confused now, some say up, some are down.
stop trading.

Take a week off, do something else, spend time studying.. read a book

don't try to get revenge from the market, YOU will lose.

I've been there, done that.. I blew up my first account coz I got upset and angry then I wanted to get my losses back..
Trade what you see, not what you think.
  • #2,866
  • Aug 1, 2007 1:36pm Aug 1, 2007 1:36pm
Quoting emda
I figured out...
ok then you have to calm down... and not trade for a day... analyze.. read again all the thread.. try to learn .. and catch the mistake... not asking everybody to fix your account because it may happen again.
Ok, Can I ask you? What are you holding so far? long or short?
  • #2,867
  • Aug 1, 2007 1:38pm Aug 1, 2007 1:38pm
Quoting trader8686
Ok, Can I ask you? What are you holding so far? long or short?
please... read
:surprised
  • #2,868
  • Aug 1, 2007 1:38pm Aug 1, 2007 1:38pm
Quoting trader8686
emda,
Thanks for helping me out.
I have hurt my account much, that's why so upset, sorry.
I honestly pretty confused now, some say up, some are down.
Hey, I feel for you and you know what, quite a few people have been hurt. Nothing much we can do is just have patience and hope.
Humble Lifetime Member
  • #2,869
  • Aug 1, 2007 1:50pm Aug 1, 2007 1:50pm

lol

Quoting emda
please... read

Quoting emda
:surprised
"Analysis Is Hard But Trade Is Easy"
  • #2,870
  • Aug 1, 2007 2:03pm Aug 1, 2007 2:03pm

my update...close my short for 25 pips...now is bull time as i can see...
maybe im wrong...

"Analysis Is Hard But Trade Is Easy"
  • #2,871
  • Aug 1, 2007 2:04pm Aug 1, 2007 2:04pm
We are getting a nice bounce of the major 4 hr T/L and even (Twin) tops. The last time we saw this we got 500 pips. There is also a possiblity of an Evening star forming on the T/Line bounce and if that happens, it's like money in the bank.

Jim
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  • #2,872
  • Aug 1, 2007 2:05pm Aug 1, 2007 2:05pm
You may want to tighten your stops on the longs. 30 min SI went bearish.
  • #2,873
  • Aug 1, 2007 2:06pm Aug 1, 2007 2:06pm
Quoting PTOURNIS
You may want to tighten your stops on the longs. 30 min SI went bearish.
You win the prize for understatement of the week.

Jim
  • #2,874
  • Aug 1, 2007 2:18pm Aug 1, 2007 2:18pm
1
  • #2,875
  • Aug 1, 2007 2:37pm Aug 1, 2007 2:37pm
Quoting PTOURNIS
You may want to tighten your stops on the longs. 30 min SI went bearish.
What is that mean by: tighten your stops on the longs ?

I do have long, but can you say it more clear?
  • #2,876
  • Aug 1, 2007 2:39pm Aug 1, 2007 2:39pm
Quoting hard1head1
We are getting a nice bounce of the major 4 hr T/L and even (Twin) tops. The last time we saw this we got 500 pips. There is also a possiblity of an Evening star forming on the T/Line bounce and if that happens, it's like money in the bank.

Jim
hard1head1,

I suppose this chart is talking about short opportunity.

Correct?
  • #2,877
  • Aug 1, 2007 2:40pm Aug 1, 2007 2:40pm
INteresting,

What would it mean with the Twin Tops? Could be a 500 pip drop again?

Evening Star?

Quoting hard1head1
We are getting a nice bounce of the major 4 hr T/L and even (Twin) tops. The last time we saw this we got 500 pips. There is also a possiblity of an Evening star forming on the T/Line bounce and if that happens, it's like money in the bank.

Jim
  • #2,878
  • Aug 1, 2007 2:50pm Aug 1, 2007 2:50pm
Quoting hard1head1
We are getting a nice bounce of the major 4 hr T/L and even (Twin) tops. The last time we saw this we got 500 pips. There is also a possiblity of an Evening star forming on the T/Line bounce and if that happens, it's like money in the bank.

Jim

Hi jim,

Even if we see an evening star , i don't think we should consider it since the evening stars are significant in an uptrend.
But there is a nice bullish engulfing candle confirming the support of the 6/06/07 so let's wait

Seb
COT: The precious data ignored
  • #2,879
  • Aug 1, 2007 2:50pm Aug 1, 2007 2:50pm
i remember one words by Bill Williams (author theory chaos), if we have daily bar which closed in same 1/3 of bar thats mean trend changes in most part of time (for stock market).
Today we will see same situation with daily gbpjpy bar.
Who read Bill Williams and remember his books correct me pls.
  • #2,880
  • Aug 1, 2007 2:50pm Aug 1, 2007 2:50pm
Quoting newjersey24
INteresting,

What would it mean with the Twin Tops? Could be a 500 pip drop again?

Evening Star?
newjersey24,
Do you understand:
What is that mean by: tighten your stops on the longs ?
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