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

  • #5,421
  • Aug 9, 2007 6:32am Aug 9, 2007 6:32am
retracement will happen within this 30 minutes... good time to enter
  • #5,422
  • Aug 9, 2007 6:32am Aug 9, 2007 6:32am
Banks raised overnight LIBOR rates - this could be worse for homeowners who are already struggling to pay.. right Aus?
  • #5,423
  • Aug 9, 2007 6:33am Aug 9, 2007 6:33am
man 100 pips since i closed that position.....

this is going WAY faster than i expected...... be carefull guys it might retrace just as hard before it reaches the bottom...
  • #5,424
  • Aug 9, 2007 6:33am Aug 9, 2007 6:33am
Quoting auslanco
retracement will happen within this 30 minutes... good time to go short
What level will it retrace to mate?
  • #5,425
  • Aug 9, 2007 6:34am Aug 9, 2007 6:34am

if u ask me of course im wanna go short... but now??hell NO

Quoting lilmoe
if it breaks the bottom of the channel then god bless our souls

"Analysis Is Hard But Trade Is Easy"
  • #5,426
  • Aug 9, 2007 6:34am Aug 9, 2007 6:34am
Quoting newjersey24
Actually he SI just crossed down on the 4HR.

But guess have to wait till 4HR close for confimation and down we go.
Yess.. will get the confirmation @ 8est
  • #5,427
  • Aug 9, 2007 6:34am Aug 9, 2007 6:34am
Welcome amsterdanny, the more the merrier. and you having experience is a bonus to all.
  • #5,428
  • Aug 9, 2007 6:36am Aug 9, 2007 6:36am
Quoting Se[V]eN

if u ask me of course im wanna go short... but now??hell NO



I have gone in a few times in the past only to find out that they were waiting for me & went in the opposite direction. I am not the only person.

Not good
Le singe est dans l'arbre
  • #5,429
  • Aug 9, 2007 6:37am Aug 9, 2007 6:37am
Quoting Se[V]eN

if u ask me of course im wanna go short... but now??hell NO


Lol same here. This looks like it has the potential to go down huge.. would be amazing if it was a 1000 pip in one day :
  • #5,430
  • Aug 9, 2007 6:37am Aug 9, 2007 6:37am
Quoting Se[V]eN

if u ask me of course im wanna go short... but now??hell NO




i wouldn't either, i would though if it breaks the bottom
  • #5,431
  • Aug 9, 2007 6:39am Aug 9, 2007 6:39am
Quoting hi6hlander
I have gone in a few times in the past only to find out that they were waiting for me & went in the opposite direction. I am not the only person.

Not good
Happens to me all the time. Patience is key - Aus and karmo are best practitioners of patience.
  • #5,432
  • Aug 9, 2007 6:39am Aug 9, 2007 6:39am
how far do you see this going AUS?
  • #5,433
  • Aug 9, 2007 6:41am Aug 9, 2007 6:41am
Quoting auslanco
retracement will happen within this 30 minutes... good time to enter
My 1h 5 SMA is at 241.32.
Is this price the retracement to get back in?
  • #5,434
  • Aug 9, 2007 6:41am Aug 9, 2007 6:41am
Quoting trader8686
My 1h 5 SMA is at 241.32.
Is this price the retracement to get back in?

get back in as in buy or sell?
  • #5,435
  • Aug 9, 2007 6:42am Aug 9, 2007 6:42am
Can anyone tell me how to look out for retracements or what tool to use. i dont want the figure you expect next retracment. this is a clasic case of give a man a fish he will eat for one day, teach him how to fish he will eat forever. you can PM later when you have time. thanks in advanced.
  • #5,436
  • Aug 9, 2007 6:42am Aug 9, 2007 6:42am
Quoting Holypendant
get back in as in buy or sell?
Sell
COT: The precious data ignored
  • #5,437
  • Aug 9, 2007 6:42am Aug 9, 2007 6:42am
Quoting auslanco
retracement will happen within this 30 minutes... good time to enter
Momentum on 30 and 15 min pointing up and still the price goes down, how do you interpret that ?
retracement in 30 min you say but not a 30 min crossover yet, your thread on strat needs an update also so you won't be buged with this kind of questions .
Should I interpet tha fact that we have an retracement but still no big upward movement, meaning that the down momentm on larger time frames so big that when this would be finished will see another down plunge?
If the questions are to slily just don't respond I won't mind
  • #5,438
  • Aug 9, 2007 6:45am Aug 9, 2007 6:45am
Quoting Holypendant
get back in as in buy or sell?
Sell, Sir.
  • #5,439
  • Aug 9, 2007 6:46am Aug 9, 2007 6:46am
Quoting ovidiu
Momentum on 30 and 15 min pointing up and still the price goes down, how do you interpret that ?
retracement in 30 min you say but not a 30 min crossover yet, your thread on strat needs an update also so you won't be buged with this kind of questions .
Should I interpet tha fact that we have an retracement but still no big upward movement, meaning that the down momentm on larger time frames so big that when this would be finished will see another down plunge?
If the questions are to slily just don't respond I won't mind
Retracement is probably coming
COT: The precious data ignored
  • #5,440
  • Aug 9, 2007 6:47am Aug 9, 2007 6:47am
Quoting ovidiu
Momentum on 30 and 15 min pointing up and still the price goes down, how do you interpret that ?
retracement in 30 min you say but not a 30 min crossover yet, your thread on strat needs an update also so you won't be buged with this kind of questions .
Should I interpet tha fact that we have an retracement but still no big upward movement, meaning that the down momentm on larger time frames so big that when this would be finished will see another down plunge?
If the questions are to slily just don't respond I won't mind
if we get a 4hr cross down confirmation @ 8EST.. then the trend is down.. retracement is due... we have to get in on 5sma of 1hr(as closer as possible) check the 1hr momentum @8est.. and 15 min charts.. if the 15min SI cross upwards during the retracement .. dont go short
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