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

  • #10,241
  • Aug 16, 2007 10:15pm Aug 16, 2007 10:15pm
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 16, 2007 10:16pm Aug 16, 2007 10:16pm
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 16, 2007 10:19pm Aug 16, 2007 10:19pm
I unloaded all my positions.. I will go short again when 10 min SI cross down
  • #10,244
  • Aug 16, 2007 10:21pm Aug 16, 2007 10:21pm
Once again... We hit the 5 sma on the 1 hr one the nose and wend down!
  • #10,245
  • Aug 16, 2007 10:24pm Aug 16, 2007 10:24pm
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 16, 2007 10:24pm Aug 16, 2007 10:24pm
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 16, 2007 10:27pm Aug 16, 2007 10:27pm
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 16, 2007 10:30pm Aug 16, 2007 10:30pm
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 16, 2007 10:31pm Aug 16, 2007 10:31pm
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 16, 2007 10:33pm Aug 16, 2007 10:33pm
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 16, 2007 10:35pm Aug 16, 2007 10:35pm
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 16, 2007 10:35pm Aug 16, 2007 10:35pm
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 16, 2007 10:36pm Aug 16, 2007 10:36pm
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 16, 2007 10:37pm Aug 16, 2007 10:37pm
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 16, 2007 10:37pm Aug 16, 2007 10:37pm
Quoting gau2902
what will be your next entry level for short ?
WHEN THE 10 MINUTE SI CROSS DOWN
  • #10,256
  • Aug 16, 2007 10:39pm Aug 16, 2007 10:39pm
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 16, 2007 10:40pm Aug 16, 2007 10:40pm
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 16, 2007 10:44pm Aug 16, 2007 10:44pm
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 16, 2007 10:46pm Aug 16, 2007 10:46pm
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 16, 2007 10:48pm Aug 16, 2007 10:48pm
Quoting markam
And every so often, just say screw it and make a wild trade.
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