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

  • #5,861
  • Aug 9, 2007 7:05pm Aug 9, 2007 7:05pm
Quoting markam
Went down 100 pips, just like Aus said it would. I think he is cheating somehow.
I'm not taking this trade..
  • #5,862
  • Aug 9, 2007 7:06pm Aug 9, 2007 7:06pm
Nikkei down 221 points. Aus.. I think this dragdown will last until tomorrow.. tomorrow being Friday.. you think there will be massive profit taking and push this up higher (after it hits lows tonight)
  • #5,863
  • Aug 9, 2007 7:07pm Aug 9, 2007 7:07pm
Quoting auslanco
I'm not taking this trade..

Why, Aus? For my two cents worth, this looks like the beginning of the Big Fall.
  • #5,864
  • Aug 9, 2007 7:08pm Aug 9, 2007 7:08pm
Quoting markam
Went down 100 pips, just like Aus said it would. I think he is cheating somehow.
Then he cheats good! He's just bloody fantastic.. and he's not greedy. That's the most important thing I've learned.. but I have to remind myself every now and then to stop.

Every time I listen to Aus, I make up my losses.. and then I try to trade on my own.. and I'm back at square one. Hmmm.. I wonder who I should pay more attention to
  • #5,865
  • Aug 9, 2007 7:09pm Aug 9, 2007 7:09pm
as long as the cheat is on my side

Quoting VishalJ
Then he cheats good! He's just bloody fantastic.. and he's not greedy. That's the most important thing I've learned.. but I have to remind myself every now and then to stop.

Every time I listen to Aus, I make up my losses.. and then I try to trade on my own.. and I'm back at square one. Hmmm.. I wonder who I should pay more attention to
  • #5,866
  • Aug 9, 2007 7:11pm Aug 9, 2007 7:11pm
Quoting Richardj
Why, Aus? For my two cents worth, this looks like the beginning of the Big Fall.
it's extremely oversold right now... there's a big retracement due .
I also have covered my weekly targets.. so I will be on the sidelines until I see a good trade with my strategy
  • #5,867
  • Aug 9, 2007 7:13pm Aug 9, 2007 7:13pm
Where is a good place to enter short?
  • #5,868
  • Aug 9, 2007 7:14pm Aug 9, 2007 7:14pm
Quoting VishalJ
Nikkei down 221 points. Aus.. I think this dragdown will last until tomorrow.. tomorrow being Friday.. you think there will be massive profit taking and push this up higher (after it hits lows tonight)
Nikei down means yen down means GBP up
  • #5,869
  • Aug 9, 2007 7:14pm Aug 9, 2007 7:14pm
Quoting auslanco
it's extremely oversold right now... there's a big retracement due .
I also have covered my weekly targets.. so I will be on the sidelines until I see a good trade with my strategy
Hey, for once I thought like you.. I suspect a retracement too (woo hoo .. one out of 100 opinions finally matched)
  • #5,870
  • Aug 9, 2007 7:14pm Aug 9, 2007 7:14pm
Do you guys know if Oanda's GJ spread was always 7 pips? They claim to be the lowest, on their website they advertise 4 compared to other brokers, however it's usually 7 as far as I can tell..
Just joking..
  • #5,871
  • Aug 9, 2007 7:15pm Aug 9, 2007 7:15pm
Quoting zoheir
Nikei down means yen down means GBP up
Zoheir, I think nikkei down means Yen up
  • #5,872
  • Aug 9, 2007 7:15pm Aug 9, 2007 7:15pm
Quoting VishalJ
Hey, for once I thought like you.. I suspect a retracement too (woo hoo .. one out of 100 opinions finally matched)
As soon as the 15 SI cross up.. that a good 100 pip retracement
  • #5,873
  • Aug 9, 2007 7:17pm Aug 9, 2007 7:17pm
Aus, do you work by yourself? You should work at a bank.. you'd get some fat bonuses
  • #5,874
  • Aug 9, 2007 7:18pm Aug 9, 2007 7:18pm
Quoting pedro13
Do you guys know if Oanda's GJ spread was always 7 pips? They claim to be the lowest, on their website they advertise 4 compared to other brokers, however it's usually 7 as far as I can tell..
Oanda sometimes have 5. I have seen 20 as well during the UK GDP and interest rates. My opinion is the oanda is best out of the lot overall.

By the way Oanda is not my broker
  • #5,875
  • Aug 9, 2007 7:21pm Aug 9, 2007 7:21pm
Quoting VishalJ
Aus, do you work by yourself? You should work at a bank.. you'd get some fat bonuses
I was working for Etrade (Australia) . It was a sales role. Thats how I got into Forex..
  • #5,876
  • Aug 9, 2007 7:22pm Aug 9, 2007 7:22pm
i think you missed it...
Quoting dimmi
Where is a good place to enter short?
  • #5,877
  • Aug 9, 2007 7:23pm Aug 9, 2007 7:23pm
how fast are the executions on oanda?

Quoting auslanco
Oanda sometimes have 5. I have seen 20 as well during the UK GDP and interest rates. My opinion is the oanda is best out of the lot overall.

By the way Oanda is not my broker
  • #5,878
  • Aug 9, 2007 7:23pm Aug 9, 2007 7:23pm
hey...could you send me your SI 15min chart, I'd like to have a look compared with mine. Tks! As you said, there is an indication for the retracement, right?
  • #5,879
  • Aug 9, 2007 7:24pm Aug 9, 2007 7:24pm
Quoting auslanco
it's extremely oversold right now... there's a big retracement due .
I also have covered my weekly targets.. so I will be on the sidelines until I see a good trade with my strategy
Aus,

Which TF have you seen the extremely oversold?

Answer my own question: Every time frame is oversold, except for the W and M.
  • #5,880
  • Aug 9, 2007 7:24pm Aug 9, 2007 7:24pm
OK, it has beaten against 238 long enough, time to go up.
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