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

  • #6,161
  • Aug 10, 2007 5:50am Aug 10, 2007 5:50am
Quoting auslanco
Ok guys.. I'm done for the day .. I think it's too risky too trade today.. I have covered my targets for this week .. so I'm gone.

Have a great weekend & Happy trading everyone
my charts show me the JPY going to 117.30, so GBP/JPY will go 236-235.50
  • #6,162
  • Aug 10, 2007 5:51am Aug 10, 2007 5:51am
Quoting auslanco
Ok guys.. I'm done for the day .. I think it's too risky too trade today.. I have covered my targets for this week .. so I'm gone.

Have a great weekend & Happy trading everyone
Good week Aus - thanks.

I never used to trade on Fridays, always seemed too ratty.

Mike
  • #6,163
  • Aug 10, 2007 5:57am Aug 10, 2007 5:57am
this sucker doesnt seem to want to go up...
  • #6,164
  • Aug 10, 2007 5:57am Aug 10, 2007 5:57am
I shorted @ 237.86

I will short again once it retraces back to 5SMA 1H chart
Trade what you see, not what you think.
  • #6,165
  • Aug 10, 2007 6:01am Aug 10, 2007 6:01am
Karmo, are you still long or did you get stopped out?
  • #6,166
  • Aug 10, 2007 6:02am Aug 10, 2007 6:02am
Quoting redflurry45
Karmo, are you still long or did you get stopped out?
I got stopped out and forgot about it
Trade what you see, not what you think.
  • #6,167
  • Aug 10, 2007 6:03am Aug 10, 2007 6:03am
Quoting karmostaji
I shorted @ 237.86

I will short again once it retraces back to 5SMA 1H chart
how i can know 5 SMA ????
  • #6,168
  • Aug 10, 2007 6:04am Aug 10, 2007 6:04am
Quoting karmostaji
I shorted @ 237.86

I will short again once it retraces back to 5SMA 1H chart
i have that around 238.13?
  • #6,169
  • Aug 10, 2007 6:04am Aug 10, 2007 6:04am
Auslanco's strategy:

15m, 30m, 1H, 4H, daily

SI/QQE indicating downwards..
Trade what you see, not what you think.
  • #6,170
  • Aug 10, 2007 6:05am Aug 10, 2007 6:05am
Quoting khaled22
how i can know 5 SMA ????
Plot a 5 period Simple Moving Average on your chart, then look where it is on 1H chart
Trade what you see, not what you think.
  • #6,171
  • Aug 10, 2007 6:05am Aug 10, 2007 6:05am
Quoting khaled22
how i can know 5 SMA ????
Add a 5 simple moving average line to your charts..

I think the 5 sma area on the 1h will be around 237.90 ish by the time it gets there..
  • #6,172
  • Aug 10, 2007 6:05am Aug 10, 2007 6:05am
Quoting khaled22
my charts show me the JPY going to 117.30, so GBP/JPY will go 236-235.50

Well, adding that to GU going to below a.9850 at least, it should be a big drop!
  • #6,173
  • Aug 10, 2007 6:05am Aug 10, 2007 6:05am
Quoting gr8collector
i have that around 238.13?
yea
Trade what you see, not what you think.
  • #6,174
  • Aug 10, 2007 6:05am Aug 10, 2007 6:05am
Karmo.. where are you aiming for TP
  • #6,175
  • Aug 10, 2007 6:07am Aug 10, 2007 6:07am
Quoting VishalJ
Karmo.. where are you aiming for TP
I'm really mad at GJ, i'm gonna cut her throat today (I hope she doesn't cut mine LOL)

first TP 236.10
Trade what you see, not what you think.
  • #6,176
  • Aug 10, 2007 6:09am Aug 10, 2007 6:09am
Quoting karmostaji
I'm really mad at GJ, i'm gonna cut her throat today (I hope she doesn't cut mine LOL)

first TP 236.10
Lol.. I feel it will fall more.. Deutsche Bank came out with bad news - their fund assets are down 30% or so (and they are not even related to subprimes!)
  • #6,177
  • Aug 10, 2007 6:11am Aug 10, 2007 6:11am
Quoting lilmoe
this sucker doesnt seem to want to go up...
This sucker is not going up - at least in the coming 4H - my humble opinion!
  • #6,178
  • Aug 10, 2007 6:12am Aug 10, 2007 6:12am
its taken out the daily PAR on my chart so looks like it could be going back down
  • #6,179
  • Aug 10, 2007 6:21am Aug 10, 2007 6:21am
I know it sounds crazy... but my weekly charts repeatedly show 195.00 as the target.
  • #6,180
  • Aug 10, 2007 6:25am Aug 10, 2007 6:25am
Dow industrial futures dropped 132 points!

Further down we go
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