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

  • #4,601
  • Aug 7, 2007 10:48am Aug 7, 2007 10:48am
shorts.. watch out.. retracement and possible reversal now
  • #4,602
  • Aug 7, 2007 10:50am Aug 7, 2007 10:50am
Quoting auslanco
may be... we shall wait and see:
If you are taking about US interest statement, since no hike is expected, what kind of impact are we foreseeing?
Haste not to Enter AND Haste not to Exit !-TradeStar
  • #4,603
  • Aug 7, 2007 10:51am Aug 7, 2007 10:51am
I'm Long @ 239.35
SL 238.90

This is not a trade call.. You may loose all your money if you take this trade
  • #4,604
  • Aug 7, 2007 10:52am Aug 7, 2007 10:52am
I'm doing some dirty scalping now
  • #4,605
  • Aug 7, 2007 10:54am Aug 7, 2007 10:54am
Quoting auslanco
I'm Long @ 239.35
SL 238.90

This is not a trade call.. You may loose all your money if you take this trade
Playing with fire will burn your fingers... becareful
Trade what you see, not what you think.
  • #4,606
  • Aug 7, 2007 10:55am Aug 7, 2007 10:55am
Quoting auslanco
You are using the "Bid" price on your charts.. when You are short use the "ASK" price.
There's an option to change it on the bottom panal
Inserted Video
  • #4,607
  • Aug 7, 2007 10:57am Aug 7, 2007 10:57am
Quoting karmostaji
Playing with fire will burn your fingers... becareful

This could be a reversal up to 243 area,,, 4 hr is still bullish watchout if you are short.. it may shoot up
  • #4,608
  • Aug 7, 2007 10:57am Aug 7, 2007 10:57am
I think is london session close... taking some profits
  • #4,609
  • Aug 7, 2007 11:00am Aug 7, 2007 11:00am
Oh hi wwwin.. Nice to see you
  • #4,610
  • Aug 7, 2007 11:00am Aug 7, 2007 11:00am
Quoting auslanco
This could be a reversal up to 243 area,,, 4 hr is still bullish watchout if you are short.. it may shoot up
closed my short

1H candle says reversal

I'm long
Trade what you see, not what you think.
  • #4,611
  • Aug 7, 2007 11:00am Aug 7, 2007 11:00am
Good article on why it doesn't matter what the fed does. Pretty much matches my view. We are rapidly heading to a depression, and nothing is going to stop it.

http://globaleconomicanalysis.blogsp...e-economy.html
  • #4,612
  • Aug 7, 2007 11:04am Aug 7, 2007 11:04am
Quoting auslanco
Oh hi wwwin.. Nice to see you
Likewise, hope you are feeling better and that trading has gone well.
  • #4,613
  • Aug 7, 2007 11:04am Aug 7, 2007 11:04am
Quoting auslanco
This could be a reversal up to 243 area,,, 4 hr is still bullish watchout if you are short.. it may shoot up
90% correct th JPY will go to 119.20
  • #4,614
  • Aug 7, 2007 11:04am Aug 7, 2007 11:04am
Well, it did manage to close beneath the 4H trend line that bit some of us yesterday but it failed to close beneath the lower of the two trend lines on the 4H.

M2B
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy 4h.jpg Size: 35 KB
  • #4,615
  • Aug 7, 2007 11:05am Aug 7, 2007 11:05am
Quoting karmostaji
closed my short

1H candle says reversal

I'm long

What candle pattern do you see ? i only see a spining top which doesn't mean the trend will be reversed

Thanks
COT: The precious data ignored
  • #4,616
  • Aug 7, 2007 11:06am Aug 7, 2007 11:06am
Quoting karmostaji
closed my short

1H candle says reversal

I'm long
You should do it earlier when it cannot cross over support.
When ever RSI on 1 hour chart touch level 20, it will bounce
back high.
  • #4,617
  • Aug 7, 2007 11:08am Aug 7, 2007 11:08am
DJIA is moving up wiping out the opening losses. Long from here and looking to add slowly
Period : 26 Months Account Balance : +264% Max DD : 14.2%
  • #4,618
  • Aug 7, 2007 11:09am Aug 7, 2007 11:09am
Quoting kuroro001
What candle pattern do you see ? i only see a spining top which doesn't mean the trend will be reversed

Thanks
you can wait for the next 1h candle to close for confirmation, but I love taking risks

http://www.candlesticker.com/Cs03.asp
Trade what you see, not what you think.
  • #4,619
  • Aug 7, 2007 11:10am Aug 7, 2007 11:10am
Quoting sunarto.sun
You should do it earlier when it cannot cross over support.
When ever RSI on 1 hour chart touch level 20, it will bounce
back high.
I am long ,too.......
Where is my target?
  • #4,620
  • Aug 7, 2007 11:11am Aug 7, 2007 11:11am
If you are long enjoy the ride.. this may go all the way up
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