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

  • #9,081
  • Aug 16, 2007 5:35am Aug 16, 2007 5:35am
Quoting rumbey
well I had a great run up until 20th July 2007 and just blew my account yesterday on the down turn. All fib retracements didn't hold so £8000 gone.. You live and learn.
It's ok mate.. we've all lost huge at some point. Professional fund managers have lost billions since July.. and we're a bit of amateurs compared to them.. so we're not bad relatively.

Money lost will always be made up via smart trading - just don't repeat any mistakes! And yes.. right now markets are trading emotionally - I don't think any technicals are going to be respected here. The market theme is 'I wanna get out of these carry trades and put my money somewhere safe'

I lost quite a bit just trying to catch retracements like an idiot. I had a short at 245.. and my TP was 225.. can you believe that? I just got a bit nervous along the way and closed my short for a 50 pip profit.. and tried trading retracements lol.
  • #9,082
  • Aug 16, 2007 5:35am Aug 16, 2007 5:35am
Who will stop that monster :s
COT: The precious data ignored
  • #9,083
  • Aug 16, 2007 5:36am Aug 16, 2007 5:36am
wait I might beat you too it MIke
  • #9,084
  • Aug 16, 2007 5:36am Aug 16, 2007 5:36am

OMG !!!!...

"Analysis Is Hard But Trade Is Easy"
  • #9,085
  • Aug 16, 2007 5:36am Aug 16, 2007 5:36am
I believe that the global economy has a large problem...
Greed and impatience are our greatest enemies.
  • #9,086
  • Aug 16, 2007 5:36am Aug 16, 2007 5:36am
WAIT.. GJ just dropped 300 pips in less than a minute??? WHAT THE F@@K?!!!!!!
  • #9,087
  • Aug 16, 2007 5:37am Aug 16, 2007 5:37am
Quoting zoheir
2nd TP 225.85 !!
this is unreal. i cant get in. lol
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #9,088
  • Aug 16, 2007 5:37am Aug 16, 2007 5:37am
Quoting hi6hlander
We have about 1 and a half hours for the NY open, unless FX market clock is wrong.
I adjusted my FX-Time to my local time.In 34 munites time there will be a big retracement.
God is good
  • #9,089
  • Aug 16, 2007 5:37am Aug 16, 2007 5:37am
wooooooooooooooow
  • #9,090
  • Aug 16, 2007 5:37am Aug 16, 2007 5:37am
im too scared to go in again
  • #9,091
  • Aug 16, 2007 5:37am Aug 16, 2007 5:37am
It's days like today that I wish I was trading a real account.... $$$!!
  • #9,092
  • Aug 16, 2007 5:38am Aug 16, 2007 5:38am
What the hell just happened!!
  • #9,093
  • Aug 16, 2007 5:38am Aug 16, 2007 5:38am
Quoting gr8collector
What the hell just happened!!
GJ got gang banged lol
  • #9,094
  • Aug 16, 2007 5:39am Aug 16, 2007 5:39am
Quoting mansaf6
wooooooooooooooow
500 pip 1hr candle. unreal
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #9,095
  • Aug 16, 2007 5:39am Aug 16, 2007 5:39am
Quoting Hakuna Matata
im too scared to go in again
yes i agree, i think i will wait for retrace now
Trade what you see, not what you think.
  • #9,096
  • Aug 16, 2007 5:40am Aug 16, 2007 5:40am
Quoting MikeW
Thanks hi6hlander, I had a look at the AUD/JPY earlier - looks like there's still some legs left in it don't you think?

Mike
I'm back in, also the Euro yen & £/$.
Just looked, about 250 pips on those, about time as I have lost a fair bit in the past.
Le singe est dans l'arbre
  • #9,097
  • Aug 16, 2007 5:40am Aug 16, 2007 5:40am
Anyone can tell me what happened ? EJ , UJ and GJ completely dropped

There was some hidden announces or what ! :s
COT: The precious data ignored
  • #9,098
  • Aug 16, 2007 5:41am Aug 16, 2007 5:41am
Quoting maestr2
yes i agree, i think i will wait for retrace now
I've been waiting for a retrace for 48 hours now! Never happened!
  • #9,099
  • Aug 16, 2007 5:41am Aug 16, 2007 5:41am
Quoting moneymagnet
500 pip 1hr candle. unreal
i grabbed the most pips i have got in one session, ran with gbpjpy and eurjpy together.
Trade what you see, not what you think.
  • #9,100
  • Aug 16, 2007 5:41am Aug 16, 2007 5:41am
Quoting moneymagnet
500 pip 1hr candle. unreal
eventhou I can't even feel comfortable in trading the retracement.... jpy has gone gone crazy
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