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

  • #4,961
  • Aug 8, 2007 9:13am Aug 8, 2007 9:13am
I'm going to university again , but whoever is long watchout.. this beast has to retrace and it will
Trade what you see, not what you think.
  • #4,962
  • Aug 8, 2007 9:15am Aug 8, 2007 9:15am
Quoting Hakuna Matata
zoheir-- does that site update itself constantly??--live feed?
yes sir it does, just minimize it to your tray (if you don't have a second screen) and the title of the minimized window will always tell you the number
  • #4,963
  • Aug 8, 2007 9:15am Aug 8, 2007 9:15am
Quoting karmostaji
I'm going to university again , but whoever is long watchout.. this beast has to retrace and it will
I have things set really tight right now..I just want out on the + side. I will worry about the retrace when I wake up I guess.

Bingo! got a few locked in (+7) will let it run with a T/S of 35 and hope for more while I sleep. See you all in about 7 hours.
  • #4,964
  • Aug 8, 2007 9:17am Aug 8, 2007 9:17am
Quoting karmostaji
I'm going to university again , but whoever is long watchout.. this beast has to retrace and it will
Man skip uni today This should retrace but who knows.. it feels like all the banks are yelling 'Buy buy at this level! It's a steal, before it gets back to 250!'
  • #4,965
  • Aug 8, 2007 9:18am Aug 8, 2007 9:18am
just retraced a bit for the next push up.

im out.... closed my longs.
  • #4,966
  • Aug 8, 2007 9:22am Aug 8, 2007 9:22am
Quoting karmostaji
I'm going to university again , but whoever is long watchout.. this beast has to retrace and it will
Agree, and see you, soon.
Enjoy your class..............
  • #4,967
  • Aug 8, 2007 9:28am Aug 8, 2007 9:28am

almost non stop...i close all long at 242.8 and waiting for retrace...but seems to no retrace...cant control my mind to go long

"Analysis Is Hard But Trade Is Easy"
  • #4,968
  • Aug 8, 2007 9:28am Aug 8, 2007 9:28am
I think it might test the 244.12 150 SMA on 4H and then back to 243.11
any comments welcome
  • #4,969
  • Aug 8, 2007 9:29am Aug 8, 2007 9:29am
Quoting Se[V]eN

almost non stop...i close all long at 242.8 and waiting for retrace...but seems to no retrace...cant control my mind to go long

Lol same here.. I think this ba$tard only wants to retrace in one direction - UP!!
  • #4,970
  • Aug 8, 2007 9:29am Aug 8, 2007 9:29am
Hi to everyone, am newbie to forex and this site. I'm glad to be here, particularly this thread on news trading. Just want to share, entered at 241.95 closed at 243.50 then re-entered at 243.35, tp at 244.40. My basis, my demo trading plus what i've read here. Thanks again.
  • #4,971
  • Aug 8, 2007 9:30am Aug 8, 2007 9:30am
Anyone seen it go like this before? Surely it has to retrace soon?
  • #4,972
  • Aug 8, 2007 9:31am Aug 8, 2007 9:31am
Quoting mjolimer
Anyone seen it go like this before? Surely it has to retrace soon?
I've seen it go 400 pips in less than a few hours.. scares the crap out of me.
  • #4,973
  • Aug 8, 2007 9:33am Aug 8, 2007 9:33am
Quoting mjolimer
Anyone seen it go like this before? Surely it has to retrace soon?
yes, the day the DOW went 14,000
  • #4,974
  • Aug 8, 2007 9:34am Aug 8, 2007 9:34am
Title: GBP/JPY intraday: caution Summary: Update on supports and resistances. Story: Pivot: 241.45

Our preference: Long positions above 241.45 with targets @ 242.87 & 244 in extension.


Look like fxcm projection comes true. Two hours b4 i think it is impossible running from 241.45 to 244. But.... forex......................
  • #4,975
  • Aug 8, 2007 9:41am Aug 8, 2007 9:41am
I have the .5 fibo level at 244.42 locked on my sights - will hold on to my longs and revisit letting go when we get there. SL locked into some modest profits.

Anywone coming $%^&*"¬$£"%!&$%!%&
  • #4,976
  • Aug 8, 2007 9:45am Aug 8, 2007 9:45am
long at 243.80. im riding this for all its got.
im off to bed for a couple of hours.
  • #4,977
  • Aug 8, 2007 9:47am Aug 8, 2007 9:47am
Dow's up 115 points..

Edit - Anyone else feel this is a temporary reaction to the Feds (and boe inflation report of course) I don't think we're out of the credit crisis yet.. not fully for sure..
  • #4,978
  • Aug 8, 2007 9:51am Aug 8, 2007 9:51am
Quoting VishalJ
Dow's up 115 points..

Edit - Anyone else feel this is a temporary reaction to the Feds (and boe inflation report of course) I don't think we're out of the credit crisis yet.. not fully for sure..
My humble advise is either concentrate on fundamentals or technical , don't mix,

"Price discounts everything ----- the DOW Jones theory"
  • #4,979
  • Aug 8, 2007 9:54am Aug 8, 2007 9:54am
hi...

Just wanting to find out what happened to the short Gbp trade taken last night....with an entry @ 2.0197 and a TP 2.0150

The stop was never given and the target was never reached.. so what happened to it...
  • #4,980
  • Aug 8, 2007 9:58am Aug 8, 2007 9:58am
wow just went out for 1h and half and no retrace I was hoping to get back exactly at a good entry point which I see it now only at 241.80 5SMA on h4, but if the DOW will go higher I don't think that's possible any more...
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