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

  • #5,361
  • Aug 9, 2007 3:40am Aug 9, 2007 3:40am
Quoting mjolimer
yeah mate.. already seen it... ta though... been here since the very first post.. read them all and all the strategy thread too.. thanks for the advice though...

ok?
Good you read the posts! You're welcome.
  • #5,362
  • Aug 9, 2007 3:48am Aug 9, 2007 3:48am
European Stocks taking a beating
  • #5,363
  • Aug 9, 2007 3:50am Aug 9, 2007 3:50am
market will range untill NY open .. or may be for the rest of the week:
  • #5,364
  • Aug 9, 2007 3:50am Aug 9, 2007 3:50am
Quoting mjolimer
maybe we get a chance sooner than ny?

Mjolimer,

You have a PM... with a question.

much appreciated,

Dr. D.
  • #5,365
  • Aug 9, 2007 3:52am Aug 9, 2007 3:52am
Quoting auslanco
market will range untill NY open .. or may be for the rest of the week:

Thanks for sharing your trading system.

Dr. D.
  • #5,366
  • Aug 9, 2007 3:53am Aug 9, 2007 3:53am
Quoting fourxtrader
Thanks for sharing your trading system.

Dr. D.

No probs
  • #5,367
  • Aug 9, 2007 4:04am Aug 9, 2007 4:04am
Hello Everyone,

this is my first posting here. however, i've been reading this thread since the very beginning. i tried posting yesterday but my account had to be reviewed... i was trying to ask auslanco to stay, but i guess he's already decided to stay, hehehe

however, i've also been trying to share this with you guys... please tell me what u think...

i truely believe we've been in this channel for a long time, and GJ will retrace to the bottom of this channel.
Attached Image (click to enlarge)
Click to Enlarge Name: h1_channel_probability.jpg Size: 93 KB


ps: auslanco, i truely believe there's alot of traders (newbies) like me who are loyal to this thread, even though they don't participate, and my friends and i really appreciate all the effort you and all the other guys here put into making this thread a good trading place. wish you all the best

lilmoe
  • #5,368
  • Aug 9, 2007 4:06am Aug 9, 2007 4:06am
FYI: Dow futures are down 100 pts from yesterdays close
  • #5,369
  • Aug 9, 2007 4:19am Aug 9, 2007 4:19am
Patience is the name of the game, my friends
Trade what you see, not what you think.
  • #5,370
  • Aug 9, 2007 4:26am Aug 9, 2007 4:26am
Support

GJ 241.08
GU 2.0301
  • #5,371
  • Aug 9, 2007 4:30am Aug 9, 2007 4:30am
Quoting lilmoe
Hello Everyone,

this is my first posting here. however, i've been reading this thread since the very beginning. i tried posting yesterday but my account had to be reviewed... i was trying to ask auslanco to stay, but i guess he's already decided to stay, hehehe

however, i've also been trying to share this with you guys... please tell me what u think...

i truely believe we've been in this channel for a long time, and GJ will retrace to the bottom of this channel.Attachment


lilmoe

Karmo.. what do you think bro??
  • #5,372
  • Aug 9, 2007 4:39am Aug 9, 2007 4:39am
1HR QQE has already crossed 50 from above.
  • #5,373
  • Aug 9, 2007 5:05am Aug 9, 2007 5:05am
im short GJ GU.
  • #5,374
  • Aug 9, 2007 5:09am Aug 9, 2007 5:09am
I shorted GJ around 241.95 when QQE crossed down the 50 line
COT: The precious data ignored
  • #5,375
  • Aug 9, 2007 5:15am Aug 9, 2007 5:15am
still the 4 trend is to the upside.. 4hr SI has not crossed down yet.. Be careful with the shorts... I will come back @ NY start
  • #5,376
  • Aug 9, 2007 5:17am Aug 9, 2007 5:17am
Quoting auslanco
still the 4 trend is to the upside.. 4hr SI has not crossed down yet.. Be careful with the shorts... I will come back @ NY start

Yeh that's why i'm a little scared , but i'll do some scalp until NY open i think
COT: The precious data ignored
  • #5,377
  • Aug 9, 2007 5:17am Aug 9, 2007 5:17am
I am in agreemeent. Shorts should be wary. There is some considerable bullish divergence in the 4 hour.
Gone to a better place
  • #5,378
  • Aug 9, 2007 5:22am Aug 9, 2007 5:22am
The question in my mind is whether or not cable support at 2.0208 is going to hold out - on the first assault, that is.

(In my opinion, as I've said earlier this week, we're on our way down far below 2.00 - but I'm not sure whether we'll bounce of the above support first).
  • #5,379
  • Aug 9, 2007 5:28am Aug 9, 2007 5:28am
still holding on to my short at 243.84, and as i'm writing this i profited 250 pips !!


should i close my position and take my profit?
  • #5,380
  • Aug 9, 2007 5:32am Aug 9, 2007 5:32am
Quoting lilmoe
still holding on to my short at 243.84, and as i'm writing this i profited 250 pips !!


should i close my position and take my profit?

Its best to lock your profits...250 pips is alot!!
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