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

  • #5,701
  • Aug 9, 2007 1:49pm Aug 9, 2007 1:49pm
anyone watching cnbc? cramer looks sad..sorry off topic..
  • #5,702
  • Aug 9, 2007 1:50pm Aug 9, 2007 1:50pm
Quoting PipBuLL007
anyone watching cnbc? cramer looks sad..sorry off topic..
you see this?

Inserted Video
  • #5,703
  • Aug 9, 2007 1:51pm Aug 9, 2007 1:51pm
Patience my students, patience
Trade what you see, not what you think.
  • #5,704
  • Aug 9, 2007 1:52pm Aug 9, 2007 1:52pm
yea i seen that .. i feel his pain

Quoting bmwboyee
you see this?

http://youtube.com/watch?v=SWksEJQEYVU
  • #5,705
  • Aug 9, 2007 1:56pm Aug 9, 2007 1:56pm
Quoting bmwboyee
GANG, stop trying to jump the gun. i went long from my 10 years of stock trading experience and how i read the DOW. it had nothing to do with gbp/jpy, i went long based on the dip on the Dow. the level coudl be tested again but I see the dow not dropping hard anymore today. i don't think gbp/jpy will break through but that is my opinion.

dude, dow's dipping again...
  • #5,706
  • Aug 9, 2007 1:56pm Aug 9, 2007 1:56pm
I want to break free...
  • #5,707
  • Aug 9, 2007 1:57pm Aug 9, 2007 1:57pm
arghh.. took some pips on the way down with scalp short .. close now.. i'm still hoping for bounce of trend line.. tight stop.. it has to go or im out ... i though it was good value.. maybe not.. still in the long for a bounce
  • #5,708
  • Aug 9, 2007 1:58pm Aug 9, 2007 1:58pm
Even if it breaks channel it means nothing. Tough resistance is still there and without considerable break thru resistance price will go back up.
  • #5,709
  • Aug 9, 2007 2:01pm Aug 9, 2007 2:01pm
long @ 239.38 lets see what the next hour brings
  • #5,710
  • Aug 9, 2007 2:01pm Aug 9, 2007 2:01pm
Long @ 239.38

1h candle closed, couldn't close below trendline, still risky but I'm on the ship
Trade what you see, not what you think.
  • #5,711
  • Aug 9, 2007 2:02pm Aug 9, 2007 2:02pm
Quoting PipBuLL007
long @ 239.38 lets see what the next hour brings

just curious where did everyone put there S/L long at 239.40 ish
  • #5,712
  • Aug 9, 2007 2:02pm Aug 9, 2007 2:02pm
Quoting new_trader
Even if it breaks channel it means nothing. Tough resistance is still there and without considerable break thru resistance price will go back up.
if candle below resistance then i give up on that long.

no clear sign.. shouldnt have done it.. bah
  • #5,713
  • Aug 9, 2007 2:03pm Aug 9, 2007 2:03pm
another at .28
  • #5,714
  • Aug 9, 2007 2:03pm Aug 9, 2007 2:03pm
at least im not alone.. whats your sl? mines is 238.80 maybe.. using manual stop ...
Quoting karmostaji
Long @ 239.38

1h candle closed, couldn't close below trendline, still risky but I'm on the ship
  • #5,715
  • Aug 9, 2007 2:05pm Aug 9, 2007 2:05pm
Quoting karmostaji
Long @ 239.38

1h candle closed, couldn't close below trendline, still risky but I'm on the ship
Karmo,

(Just try to help.)

How are you all going long when looking at both 1H and 4H SI cross under, and both candles are under TFT?
  • #5,716
  • Aug 9, 2007 2:05pm Aug 9, 2007 2:05pm
Quoting PipBuLL007
at least im not alone.. whats your sl? mines is 238.80 maybe.. using manual stop ...
I closed my short hedge.. im all long now.. i wont let it go far though...
  • #5,717
  • Aug 9, 2007 2:05pm Aug 9, 2007 2:05pm
1 more 239.26 but getting ready to exit
  • #5,718
  • Aug 9, 2007 2:05pm Aug 9, 2007 2:05pm
USDJPY broke todays low and still has room to go down by the way.
  • #5,719
  • Aug 9, 2007 2:07pm Aug 9, 2007 2:07pm
has there been a 500 point drop on the dow ..on a day like today? if there is im doomed!!
  • #5,720
  • Aug 9, 2007 2:08pm Aug 9, 2007 2:08pm
hit for another lot
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