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

  • #6,901
  • Aug 13, 2007 7:40am Aug 13, 2007 7:40am
Quoting markam
Retail sales ok, so market should open big. watch out for people trying to take advantage of a spike to reduce their exposure. I wouldn't be suprised if it didn't head back down after opening, at least temporarily.
I agree with you. I suspect when the market pops up at the open there will be some profit taking to reduce the exposure in the market. Should be a wild ride!
  • #6,902
  • Aug 13, 2007 7:41am Aug 13, 2007 7:41am
Remember, the 4hr trend is still bullish..
  • #6,903
  • Aug 13, 2007 7:42am Aug 13, 2007 7:42am
Hey All,
I think we really need a chat room.
Any thoughts ?
  • #6,904
  • Aug 13, 2007 7:43am Aug 13, 2007 7:43am
Quoting Rustyyy
Hey All,
I think we really need a chat room.
Any thoughts ?
what about paltalk?
  • #6,905
  • Aug 13, 2007 7:47am Aug 13, 2007 7:47am
Quoting c0nansbg
what about paltalk?
Up to "Aussie".
But we sure are getting a lot of great input on this thread.
I have been involved in other threads/forums but I have never experienced the "teamwork" as we have here by all working together.
Something to definitely build on !
  • #6,906
  • Aug 13, 2007 7:48am Aug 13, 2007 7:48am
Quoting auslanco
Remember, the 4hr trend is still bullish..
It looks like the 1-hour may be positive before the US market opens. I am pretty sure that both the Dow and GJ will end the day up.

I will probably also be a good day to scalp some big swings by following the stock market.
  • #6,907
  • Aug 13, 2007 7:48am Aug 13, 2007 7:48am
Quoting auslanco
Remember, the 4hr trend is still bullish..
and the daily trend is bearish
Trade what you see, not what you think.
  • #6,908
  • Aug 13, 2007 7:49am Aug 13, 2007 7:49am
i think Gj will go thorugh 236 AREa
kermo ROcks !
  • #6,909
  • Aug 13, 2007 7:50am Aug 13, 2007 7:50am
Quoting markam
It looks like the 1-hour may be positive before the US market opens. I am pretty sure that both the Dow and GJ will end the day up.

I will probably also be a good day to scalp some big swings by following the stock market.
Did you mean the US market close??? yesss.. if the price continue around this level.. 1hr will cross up before 14EST.. then it may go all the way up to 242 level.
  • #6,910
  • Aug 13, 2007 7:58am Aug 13, 2007 7:58am

market just have 2 direction...up or down...if it resist to go up then certainly will go down...just a thinking

"Analysis Is Hard But Trade Is Easy"
  • #6,911
  • Aug 13, 2007 7:58am Aug 13, 2007 7:58am
Quoting karmostaji
and the daily trend is bearish
its bearish but, what target you looking for??
  • #6,912
  • Aug 13, 2007 7:59am Aug 13, 2007 7:59am
Quoting auslanco
Did you mean the US market close??? yesss.. if the price continue around this level.. 1hr will cross up before 14EST.. then it may go all the way up to 242 level.
No, I meant open. The spike from the market open will pull up GJ to turn the 1-hour chart bullish. I have already gone long, but I will probably close my long right after the opening jump, to see what the market is going to do.

I was asleep during the spike down. As best I can tell, GJ missed my target by 1 pip. I lost most of my short profits in the retrace.
  • #6,913
  • Aug 13, 2007 8:02am Aug 13, 2007 8:02am
Quoting Rustyyy
Hey All,
I think we really need a chat room.
Any thoughts ?
YO, Rusty and Conan, go back to the Daily GBP/JPY Thread and read the last 400 Pages (that's right, 400 pages!) and you'll discover why that particular option was nixed.

M2B
  • #6,914
  • Aug 13, 2007 8:03am Aug 13, 2007 8:03am
Quoting markam
No, I meant open. The spike from the market open will pull up GJ to turn the 1-hour chart bullish. I have already gone long, but I will probably close my long right after the opening jump, to see what the market is going to do.

I was asleep during the spike down. As best I can tell, GJ missed my target by 1 pip. I lost most of my short profits in the retrace.
Same here, I missed 236 area, didn't even set t/p, thinking it may go all the way down to 235-232 level.
  • #6,915
  • Aug 13, 2007 8:05am Aug 13, 2007 8:05am
"A" If the 1h crosses up to bull is that your actual trigger for 300 pips

the 1hr going bearish and then bull after the 4hr goes bull
  • #6,916
  • Aug 13, 2007 8:05am Aug 13, 2007 8:05am
guys,
what are your positions?
  • #6,917
  • Aug 13, 2007 8:07am Aug 13, 2007 8:07am
Quoting cdavis5766
"A" If the 1h crosses up to bull is that your actual trigger for 300 pips

the 1hr going bearish and then bull after the 4hr goes bull
1 hr cross 50 line.

It's 200 since we dont have the daily support.
  • #6,918
  • Aug 13, 2007 8:08am Aug 13, 2007 8:08am
oh ok thanks
  • #6,919
  • Aug 13, 2007 8:08am Aug 13, 2007 8:08am
Quoting auslanco
1 hr cross 50 line.

It's 200 since we dont have the daily support.
We also want to see a 1H close above the TFT, correct?

M2B
  • #6,920
  • Aug 13, 2007 8:10am Aug 13, 2007 8:10am
Quoting my2buoys
We also want to see a 1H close above the TFT, correct?

M2B
correct and 4hr too until then it's rangnig
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