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

  • #9,461
  • Aug 16, 2007 9:49am Aug 16, 2007 9:49am
the best way to trade this beast is 1minute time frame as it is jumping very fast up and down
  • #9,462
  • Aug 16, 2007 9:51am Aug 16, 2007 9:51am
Quoting rav700
I am long at 25 on gy with a 100 point stop and am waiting for a retracment to 227 .25 as I think dow will maintain its level above 700 today and I think we should see the Big bossess coming in for a bit of fun in some time.....
hmm care to tell me why the big buys would want to go long right now ? i'm a bit confused why would they want to do that...
  • #9,463
  • Aug 16, 2007 9:51am Aug 16, 2007 9:51am
Quoting newjersey24
Hey Markam,

Maybe u skipped by question. Just wondering where do you ge DOW from? BLoomberg? or some type of real live ticker or in chart format.

You come up with DOW reports faster than I can refresh it on bloomberg.
Just wearing out my refresh finger
  • #9,464
  • Aug 16, 2007 9:51am Aug 16, 2007 9:51am
Quoting Abouelzelouf
the best way to trade this beast is 1minute time frame as it is jumping very fast up and down
PLEASE BECAREFUL WHAT YOU SAY, NEWBIE'S DON'T LISTEN TO THIS ADVICE

ty
Trade what you see, not what you think.
  • #9,465
  • Aug 16, 2007 9:51am Aug 16, 2007 9:51am
DOW.. bouncing back from the Low's .
Attached Image
  • #9,466
  • Aug 16, 2007 9:53am Aug 16, 2007 9:53am
got out of 1 short for +60

some other shorts still sitting here
Trade what you see, not what you think.
  • #9,467
  • Aug 16, 2007 9:54am Aug 16, 2007 9:54am
Quoting newjersey24
Hey Markam,

Maybe u skipped by question. Just wondering where do you ge DOW from? BLoomberg? or some type of real live ticker or in chart format.

You come up with DOW reports faster than I can refresh it on bloomberg.
Markem is a undecover agent from DOW.. He's spying on GJ
  • #9,468
  • Aug 16, 2007 9:54am Aug 16, 2007 9:54am
I missed that 500 move, again., i was there but i hesitated.

I dont know why, all my indicators are telling me to go, but i didnt.
Thats sad...

Perhaps because of the last 2days of no-trade?

any advice guys? Please..
Why do people only post a nice trending period chart?
  • #9,469
  • Aug 16, 2007 9:54am Aug 16, 2007 9:54am
Quoting Abouelzelouf
the best way to trade this beast is 1minute time frame as it is jumping very fast up and down
You are kidding right? The 5 min is killing me...lol.. I just got used to trading 3o min and above.. You got nerves of steel.
  • #9,470
  • Aug 16, 2007 9:55am Aug 16, 2007 9:55am
Quoting auslanco
DOW.. bouncing back from the Low's .
just went above the 12750 resistance. May go up to 12800 and then down.

Good point for sell orders around 12800 (if it reverses)
  • #9,471
  • Aug 16, 2007 9:56am Aug 16, 2007 9:56am
Quoting yuhu
I missed that 500 move, again., i was there but i hesitated.

I dont know why, all my indicators are telling me to go, but i didnt.
Thats sad...

Perhaps because of the last 2days of no-trade?

any advice guys? Please..
If you don't feel confident about trading live with your strategy, I say trade demo using your strategy and following your indicators for a while, gain some confidence in yourself and then get back to your live account.

Good luck yuhu
Trade what you see, not what you think.
  • #9,472
  • Aug 16, 2007 9:57am Aug 16, 2007 9:57am
Quoting auslanco
Markem is a undecover agent from DOW.. He's spying on GJ
Somebody has tell the people in control which way to turn the stock market dial.
  • #9,473
  • Aug 16, 2007 9:59am Aug 16, 2007 9:59am
:surprised What da Hell???? :surprised

The new World Record for shortest Career in Forex Fellas!!!!

Quoting Abouelzelouf
the best way to trade this beast is 1minute time frame as it is jumping very fast up and down
  • #9,474
  • Aug 16, 2007 9:59am Aug 16, 2007 9:59am
Quoting markam
Somebody has tell the people in control which way to turn the stock market dial.

I told them to turn it down
  • #9,475
  • Aug 16, 2007 10:00am Aug 16, 2007 10:00am
More downward coming..
Trade what you see, not what you think.
  • #9,476
  • Aug 16, 2007 10:00am Aug 16, 2007 10:00am
Quoting Abouelzelouf
the best way to trade this beast is 1minute time frame as it is jumping very fast up and down
this was a joke, the bigger time frame you trade the better, and having a look at different time frames will always help, and give you better picture about the market.
  • #9,477
  • Aug 16, 2007 10:00am Aug 16, 2007 10:00am
Quoting auslanco
Markem is a undecover agent from DOW.. He's spying on GJ
it's a great team
  • #9,478
  • Aug 16, 2007 10:02am Aug 16, 2007 10:02am
1Hr confirmed with MACD Still going down
  • #9,479
  • Aug 16, 2007 10:03am Aug 16, 2007 10:03am
Quoting karmostaji
If you don't feel confident about trading live with your strategy, I say trade demo using your strategy and following your indicators for a while, gain some confidence in yourself and then get back to your live account.

Good luck yuhu
Thanks Karmo and all. I am learning a whole lot from you guys in this thread.

btw, is there any different way to trade in a ranging market? What would you do in a ranging market?
Why do people only post a nice trending period chart?
  • #9,480
  • Aug 16, 2007 10:03am Aug 16, 2007 10:03am
10 positive scalps in a row!!!!

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