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

  • #9,821
  • Aug 16, 2007 4:15pm Aug 16, 2007 4:15pm
Quoting trader8686
Anyone short, right now?
short from where?
  • #9,822
  • Aug 16, 2007 4:15pm Aug 16, 2007 4:15pm
Quoting AlphaGA
Hey Markam, do you know if one can buy/sell options on gold/silver? If yes, do you happen to know where one could trade them.

Thank you.

~G.
You can trade futures or you can buy shares in a gold or silver ETF. I don't do either. I buy and squirrel it away in my house for when TSHTF.
  • #9,823
  • Aug 16, 2007 4:16pm Aug 16, 2007 4:16pm
Quoting khaled22
short from where?
Never mind, closed.
  • #9,824
  • Aug 16, 2007 4:17pm Aug 16, 2007 4:17pm
Quoting jmatt
got a serious question.....will the g/j go back down to 221 area at some point or 223? or is it all uphill from here, back to the 230's? i picked a short earlier and my platform froze, by the time it came back it was too late to stop, i got close to again and it froze again and wasn't able to close it. so i've been fighting to keep it afloat all afternoon...my margin is 86.42%....so i'm fine there....just don't want to lose that much money. any help is appreciated. thank you guys for making this such an awesome site
my opinion is that it is going to go higher tonight. It is also my opinion it will be well below the lows we saw today in the fairly near future. If you can hedge your short, you probably should.
  • #9,825
  • Aug 16, 2007 4:18pm Aug 16, 2007 4:18pm
Karmo,

If it is ok with you (not preparing to go to the cinema yet ), can you pls post of your gbpjpy chart on your screen...

Thnx
  • #9,826
  • Aug 16, 2007 4:22pm Aug 16, 2007 4:22pm
oanda is back... good thing is.. I see now.. if I had put the stoploss... I would have been stopped.. thank you oanda... LOL
  • #9,827
  • Aug 16, 2007 4:25pm Aug 16, 2007 4:25pm
I'm long at the moment, TP 229 area
Trade what you see, not what you think.
  • #9,828
  • Aug 16, 2007 4:25pm Aug 16, 2007 4:25pm
  •  jmatt
  • | Joined Jul 2007 | Status: Forex is great, God is better!!! | 60 Posts
Quoting markam
my opinion is that it is going to go higher tonight. It is also my opinion it will be well below the lows we saw today in the fairly near future. If you can hedge your short, you probably should.
that was my opinion...i appreciate it. i just don't want it to get into the 230's and stay there for months. btw....you're dow/gj thing is awesome....watching the dow and placing trades today, along with karmo's predictions, made me some serious jack. thanks again
  • #9,829
  • Aug 16, 2007 4:28pm Aug 16, 2007 4:28pm
Quoting karmostaji
I'm long at the moment, TP 229 area
karmo, what's your s/l for the long?
Bring It...
  • #9,830
  • Aug 16, 2007 4:28pm Aug 16, 2007 4:28pm
  •  jmatt
  • | Joined Jul 2007 | Status: Forex is great, God is better!!! | 60 Posts
Quoting karmostaji
I'm long at the moment, TP 229 area
i pray that you are right on the 221.00 waiting, which i'm sure you will be....it's amazing how accurate you are.
  • #9,831
  • Aug 16, 2007 4:28pm Aug 16, 2007 4:28pm
Quoting karmostaji
I'm long at the moment, TP 229 area
is this based on charts and if you dont mind me asking whats your entry?
  • #9,832
  • Aug 16, 2007 4:29pm Aug 16, 2007 4:29pm
Quoting karmostaji
.
hala can we make short now @226.50???
  • #9,833
  • Aug 16, 2007 4:30pm Aug 16, 2007 4:30pm
Quoting jmatt
i pray that you are right on the 221.00 waiting, which i'm sure you will be....it's amazing how accurate you are.
we came very close to it, 221.47 and the market said it was enough

I see a reversal on DOW like I was expecting, and I think GJ is going to reverse from here.. I warned you guys earlier from shorting again..
Trade what you see, not what you think.
  • #9,834
  • Aug 16, 2007 4:31pm Aug 16, 2007 4:31pm
Quoting jules
karmo, what's your s/l for the long?
my SL is already locking in +8 pips

my entry is 226.36
Trade what you see, not what you think.
  • #9,835
  • Aug 16, 2007 4:31pm Aug 16, 2007 4:31pm
Quoting karmostaji
I'm long at the moment, TP 229 area
karmostaji,

You may consider TP at 4H 5 SMA 231.40, right now.
(Just my humble openion.)
  • #9,836
  • Aug 16, 2007 4:31pm Aug 16, 2007 4:31pm
Quoting khmr
is this based on charts and if you dont mind me asking whats your entry?
yes based on my chart

entry 226.36
Trade what you see, not what you think.
  • #9,837
  • Aug 16, 2007 4:32pm Aug 16, 2007 4:32pm
Quoting trader8686
karmostaji,

You may consider TP at 4H 5 SMA 231.40, right now.
(Just my humble openion.)
I'm not a greedy person, 300 pips is good enough for me
Trade what you see, not what you think.
  • #9,838
  • Aug 16, 2007 4:32pm Aug 16, 2007 4:32pm
Quoting khaled22
hala can we make short now @226.50???
no short and i don't think i'll be shorting anytime soon
Trade what you see, not what you think.
  • #9,839
  • Aug 16, 2007 4:33pm Aug 16, 2007 4:33pm
Quoting trader8686
karmostaji,

You may consider TP at 4H 5 SMA 231.40, right now.
(Just my humble openion.)

hmm are you looking at the daily 5sma? because the 4h 5 sma is 226.33
  • #9,840
  • Aug 16, 2007 4:33pm Aug 16, 2007 4:33pm
Quoting karmostaji
yes based on my chart

entry 226.36
k...sorry again but dont have charts in front of me but what are you seeing thats showing you a potential reversal?
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