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

  • #10,241
  • Aug 17, 2007 12:15am Aug 17, 2007 12:15am
Quoting markam
still think it is going to 221?

yess.. this is a news reaction.. price will consoldate from now on.. but later on it will follow the trend.. may be london or early NY.
  • #10,242
  • Aug 17, 2007 12:16am Aug 17, 2007 12:16am
Quoting auslanco
*(jp) June Final Leading Index: 72.7% V 80.0%e; Coincident Index: 80.0% V 77.8% Prior
Do you have any open positions now? long/short?
  • #10,243
  • Aug 17, 2007 12:19am Aug 17, 2007 12:19am
I unloaded all my positions.. I will go short again when 10 min SI cross down
  • #10,244
  • Aug 17, 2007 12:21am Aug 17, 2007 12:21am
Once again... We hit the 5 sma on the 1 hr one the nose and wend down!
  • #10,245
  • Aug 17, 2007 12:24am Aug 17, 2007 12:24am
Quoting auslanco
I sure will add this to the list others call me... scammer, looser, cult leader etc etc
Glad to have you here, I'm still learning as well, we all can help each other
cult leader--lol Aus-- thats funny!! haha
i shorted the a/u again at 820--smaller psotion this time- --will add more if it goes higher--but it looks v bearish still
  • #10,246
  • Aug 17, 2007 12:24am Aug 17, 2007 12:24am
Quoting auslanco
I unloaded all my positions.. I will go short again when 10 min SI cross down
So, after you have 4H , 1H, 30m, 15m cross down SI, then you wait for 10m cross down SI.
  • #10,247
  • Aug 17, 2007 12:27am Aug 17, 2007 12:27am
the smaller time frames have crossed up. We will see a price consolidation before it push down again.
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  • #10,248
  • Aug 17, 2007 12:30am Aug 17, 2007 12:30am
Quoting auslanco
the smaller time frames have crossed up. We will see a price consolidation before it push down again.
Hi Auslanco. i've just sent you a PM. Cheers. BR
  • #10,249
  • Aug 17, 2007 12:31am Aug 17, 2007 12:31am
Quoting trader8686
So, after you have 4H , 1H, 30m, 15m cross down SI, then you wait for 10m cross down SI.

This is to find entries at different levels.. No set rules.. you have to figure out whats best for your own strategy
  • #10,250
  • Aug 17, 2007 12:33am Aug 17, 2007 12:33am
Quoting auslanco
This is to find entries at different levels.. No set rules.. you have to figure out whats best for your own strategy
what will be your next entry level for short ?
  • #10,251
  • Aug 17, 2007 12:35am Aug 17, 2007 12:35am
Quoting gau2902
what will be your next entry level for short ?

C'mon mate... just read the thread.. At least look at the top of the page...


Hats off to Aus' patience and will to teach
  • #10,252
  • Aug 17, 2007 12:35am Aug 17, 2007 12:35am
Quoting gau2902
what will be your next entry level for short ?

when 10 min cross down.. assuming the 30 min is still bearish.
  • #10,253
  • Aug 17, 2007 12:36am Aug 17, 2007 12:36am
Quoting hookham
The Risk Trade script - Put it in your experts>scripts folder

Ahhh this is an awesome tool. love the commentry on the risk. constant reminder that im a disaster waiting to happen...lol
seriously though based on the movement this pair has shown I dont know if its the right one for me to trade since I only have a 1k mini account. any suggestions?

signed ambitious rookie.
  • #10,254
  • Aug 17, 2007 12:37am Aug 17, 2007 12:37am
Quoting Sizzzlar
Wow

Are you the same guy who posted #6845??
Yes Sizzzzzzzlar I was, but I changed my opinion since then.

Orca

Are you related to the US Sizzler restaurants? I love them.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #10,255
  • Aug 17, 2007 12:37am Aug 17, 2007 12:37am
Quoting gau2902
what will be your next entry level for short ?
WHEN THE 10 MINUTE SI CROSS DOWN
  • #10,256
  • Aug 17, 2007 12:39am Aug 17, 2007 12:39am
1hr is still refusing to cross down.. If and When it does cross.. we will see the prices below 219. But 220 is a Psycological level.. so be cautios
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  • #10,257
  • Aug 17, 2007 12:40am Aug 17, 2007 12:40am
Quoting Jamcivic
Ahhh this is an awesome tool. love the commentry on the risk. constant reminder that im a disaster waiting to happen...lol
seriously though based on the movement this pair has shown I dont know if its the right one for me to trade since I only have a 1k mini account. any suggestions?

signed ambitious rookie.
Only trade manually, and watch every minute when you are trading. Only enter the highest probability trades and keep a tight stop. Scale into good trades with additional orders so you can minimize risk while still making good profits.

And every so often, just say screw it and make a wild trade.
  • #10,258
  • Aug 17, 2007 12:44am Aug 17, 2007 12:44am
man these brokers are getting pretty greedy....I saw the complaints earlier but I finally saw my broker just jump my spread to 15....f en bastards
  • #10,259
  • Aug 17, 2007 12:46am Aug 17, 2007 12:46am
Do any of you read anything into the triple bottom on the 1h at the 221.48 area? Tough nut to crack??
  • #10,260
  • Aug 17, 2007 12:48am Aug 17, 2007 12:48am
Quoting markam
And every so often, just say screw it and make a wild trade.
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