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

  • #3,441
  • Aug 3, 2007 10:57am Aug 3, 2007 10:57am
Quoting joiedevivre
I'm rather new with this pair...as I write this the g/j ask is at 241.88. Where do you see this closing at the end of business today? Thanks...will it gap on Sun. open?
If I knew, I would bet all my account and become a millionaire, don't you think?
Trade what you see, not what you think.
  • #3,442
  • Aug 3, 2007 10:58am Aug 3, 2007 10:58am
Quoting karmostaji
That happened and it may happen anytime, it's normal.. sometimes price even retraced to the 4H 5SMA before heading back towards the trend direction. I watch price action and use my fibo's/TL's to help me but like 'A' the 1H 5SMA is the most common one and important one

I set my TP, SL, and sing LOL till it reaches my TP (it may take sometimes a day or two)
What is your SL karmostaji????
New Forex Trader
  • #3,443
  • Aug 3, 2007 10:58am Aug 3, 2007 10:58am
Quoting Orient_mist
Great.. thanks a ton!
Sure.

I should mention that their spreads for forex are great but for futures and stocks its crazy high but you can trade the Dow for .01 lots with $5 margin to learn (like me), minumum to open account is $200. Its a Russian broker.
  • #3,444
  • Aug 3, 2007 11:01am Aug 3, 2007 11:01am
Quoting teekee
What is your SL karmostaji????
243.00

Please trade at your own risk and use sound Money Management!
Trade what you see, not what you think.
  • #3,445
  • Aug 3, 2007 11:02am Aug 3, 2007 11:02am
Ok, my VT charts just opened the 1hr with price and 5sma touching. Is that a considered retrace now?
  • #3,446
  • Aug 3, 2007 11:05am Aug 3, 2007 11:05am
Quoting teekee
What is your SL karmostaji????
Read back a few pages and you'll find out!
  • #3,447
  • Aug 3, 2007 11:05am Aug 3, 2007 11:05am
Watch for a bull run in the stock market this afternoon.
  • #3,448
  • Aug 3, 2007 11:05am Aug 3, 2007 11:05am
Quoting karmostaji
243.00

Please trade at your own risk and use sound Money Management!
Wow, I don't think I could last that long. I'm short from 242 and 241.5. I'll start reading this whole thread and pick up your system.
  • #3,449
  • Aug 3, 2007 11:06am Aug 3, 2007 11:06am
Price might retrace to the 4H 5SMA
Trade what you see, not what you think.
  • #3,450
  • Aug 3, 2007 11:07am Aug 3, 2007 11:07am
Quoting karmostaji
Price might retrace to the 4H 5SMA
...and that must be at 243, okay.
  • #3,451
  • Aug 3, 2007 11:08am Aug 3, 2007 11:08am
Quoting Poocher
Wow, I don't think I could last that long. I'm short from 242 and 241.5. I'll start reading this whole thread and pick up your system.
This thread is about Auslanco's system but he dissapeared and we continued discussing GJ
Trade what you see, not what you think.
  • #3,452
  • Aug 3, 2007 11:11am Aug 3, 2007 11:11am
Quoting Poocher
...and that must be at 243, okay.
Nope... 242.33 on my chart
  • #3,453
  • Aug 3, 2007 11:11am Aug 3, 2007 11:11am
Quoting karmostaji
Price might retrace to the 4H 5SMA
That would be around 242.30 roughly...right?
  • #3,454
  • Aug 3, 2007 11:13am Aug 3, 2007 11:13am
Quoting kevinsw
That would be around 242.30 roughly...right?
yes

you guys must remember that i set my SL wide at times, coz every 100 pips is about 1% of my account, it's no big deal to me
Trade what you see, not what you think.
  • #3,455
  • Aug 3, 2007 11:13am Aug 3, 2007 11:13am
Quoting kevinsw
That would be around 242.30 roughly...right?
Yes ... that's where it's about on my H4 chart
  • #3,456
  • Aug 3, 2007 11:15am Aug 3, 2007 11:15am
Quoting zoheir
Yes ... that's where it's about on my H4 chart
...and mine.
  • #3,457
  • Aug 3, 2007 11:15am Aug 3, 2007 11:15am
Quoting karmostaji
yes

you guys must remember that i set my SL wide at times, coz every 100 pips is about 1% of my account, it's no big deal to me
Ok so when are you gonna come buy a car from me ?? got a nice lineup
  • #3,458
  • Aug 3, 2007 11:17am Aug 3, 2007 11:17am
I'm shorting for another lot at 24220...
  • #3,459
  • Aug 3, 2007 11:19am Aug 3, 2007 11:19am
Quoting zoheir
Ok so when are you gonna come buy a car from me ?? got a nice lineup
Maybe when I want to sell my car , u buy cars as well?
Trade what you see, not what you think.
  • #3,460
  • Aug 3, 2007 11:20am Aug 3, 2007 11:20am
Quoting AndyPass
I'm shorting for another lot at 24220...
Ya got more cahonies than I do I got 2 shorts working right now and they are driving me crazy...lol

Perhaps I should go take a nap? Drink a beer?.......
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