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

  • #4,901
  • Aug 8, 2007 3:49am Aug 8, 2007 3:49am
Patience
Trade what you see, not what you think.
  • #4,902
  • Aug 8, 2007 3:50am Aug 8, 2007 3:50am
Aus,

Now, 4H has crossed 50 and upward, candle formed above TFT.
Does it mean a longer term of bullish?
  • #4,903
  • Aug 8, 2007 3:52am Aug 8, 2007 3:52am
Quoting auslanco
emda is the only Bill Gates I know in here..
thank you but no... I tried it.. but I can't understand the VT indicators code... Can't translate them to MT4...
  • #4,904
  • Aug 8, 2007 3:52am Aug 8, 2007 3:52am
Quoting trader8686
Aus,

Now, 4H has crossed 50 and upward, candle formed above TFT.
Does it mean a longer term of bullish?

bro.. i have answered to this many times.. can you please check my previos posts..
  • #4,905
  • Aug 8, 2007 3:56am Aug 8, 2007 3:56am
Quoting karmostaji
Patience
karmostaji,

Can you stay and help for the US session? Since Aus is off for the day after this.

We are continuing, though.
  • #4,906
  • Aug 8, 2007 3:57am Aug 8, 2007 3:57am
Quoting karmostaji
Patience
Karmostaji where do you have your TP, I am asking you because you are very good at seeing levels trendlines and all that stuff, on my chart I don't see anything up to 38.2 fib on h4 242.75 hence my TP is at 242.67 200 pips from the point of entry...
  • #4,907
  • Aug 8, 2007 3:58am Aug 8, 2007 3:58am
Quoting trader8686
karmostaji,

Can you stay and help for the US session? Since Aus is off for the day after this.

We are continuing, though.
I'm here for 3 hours, then I have class..

Let's watch this trade for now, my TP is 242.70
Trade what you see, not what you think.
  • #4,908
  • Aug 8, 2007 4:03am Aug 8, 2007 4:03am
congratulations auslanco...
  • #4,909
  • Aug 8, 2007 4:05am Aug 8, 2007 4:05am
OK guys I'm done.. Have a great day
  • #4,910
  • Aug 8, 2007 4:05am Aug 8, 2007 4:05am
Quoting emda
congratulations auslanco...
Thanks emda
  • #4,911
  • Aug 8, 2007 4:06am Aug 8, 2007 4:06am
Quoting auslanco
OK guys I'm done.. Have a great day
Can you tell us, your time to show up next day?
  • #4,912
  • Aug 8, 2007 4:09am Aug 8, 2007 4:09am
+279 on 4 long positions!!!!!! Thanks aus!!! U DA MAN!!!!!!!!
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #4,913
  • Aug 8, 2007 4:35am Aug 8, 2007 4:35am
next resistance is 242.70's. after that i see 243.60s.
id take TP at 242.70 and reenter when it breaks it or after a 50 pip retrace
  • #4,914
  • Aug 8, 2007 4:49am Aug 8, 2007 4:49am
I closed my long, will wait for retracement
Trade what you see, not what you think.
  • #4,915
  • Aug 8, 2007 4:52am Aug 8, 2007 4:52am
Quoting karmostaji
I closed my long, will wait for retracement
All stoch in overbought, so I was thinking to do the same thanks for the heads up
  • #4,916
  • Aug 8, 2007 4:53am Aug 8, 2007 4:53am
heavy resistance at 60s.
break it down !!!
  • #4,917
  • Aug 8, 2007 4:54am Aug 8, 2007 4:54am
Quoting karmostaji
I closed my long, will wait for retracement
Hi karmostaji, what indicators do you use for retracement. or what would you recomend some thing easy (if there is such thing) for a newbie like me? thanks in advanced mate......Bill77
  • #4,918
  • Aug 8, 2007 4:55am Aug 8, 2007 4:55am
Quoting karmostaji
I closed my long, will wait for retracement
one question though, do you ever try to profit from something like this with a sell? or you just think that it doesn't worth the risk?
  • #4,919
  • Aug 8, 2007 4:59am Aug 8, 2007 4:59am
Quoting bill77
Hi karmostaji, what indicators do you use for retracement. or what would you recomend some thing easy (if there is such thing) for a newbie like me? thanks in advanced mate......Bill77
The same thing Auslanco uses, 5SMA 1H chart.. wait till price reaches there and then long again if 4h shows good uptrend strength
Quoting ovidiu
one question though, do you ever try to profit from something like this with a sell? or you just think that it doesn't worth the risk?
It's always nice to make profit , but it's risky since we don't know how much will it retrace.. usually its the 5SMA 1hr but what if the uptrend is strong and retraces to 15 or 30 5SMA only.. I don't want to risk the profit I just made, i'll wait for retracement and long again
Trade what you see, not what you think.
  • #4,920
  • Aug 8, 2007 5:00am Aug 8, 2007 5:00am
closed my longs.
cant seem to break the current resistance. wait for retrace (i hope) for the momentum to break it down.

update: uhoh. i can see it coming. resistance will come down.
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