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

  • #10,801
  • Aug 17, 2007 9:16am Aug 17, 2007 9:16am
Quoting blanca
karmostaji,

how do you get your take profit levels? do you use any fibo or something? thanks, and thanks also to aus for guiding all of us, excellent days eh.
yes fibonacci retracements on different TF's
Trade what you see, not what you think.
  • #10,802
  • Aug 17, 2007 9:16am Aug 17, 2007 9:16am
The feds also injected another 6 billion a half hour ago. If all this propping up fails, I will be highly amused.

Dow is almost back at the pre-announcement low.
  • #10,803
  • Aug 17, 2007 9:16am Aug 17, 2007 9:16am
Quoting kevinsw
Ummm isn't up the other way?
it depends if you are doing a hand stand
  • #10,804
  • Aug 17, 2007 9:16am Aug 17, 2007 9:16am
Quoting markam
Speaking of crazy optimistic fuckers!!!!
What's your problem man???? what's with all the name calling and trashy attitude???
  • #10,805
  • Aug 17, 2007 9:16am Aug 17, 2007 9:16am
There will be a price consolidation until 12 est.. There's not going to be new High's.
  • #10,806
  • Aug 17, 2007 9:17am Aug 17, 2007 9:17am
That helped, I turned my screen up-side-down ... I think I'm still at the party... stopped @ b/e
  • #10,807
  • Aug 17, 2007 9:17am Aug 17, 2007 9:17am
Quoting Trumpcard
yes and it's off the 6ema in a major downtrend and i had a sell stop placed just under it, and whoosh!
thanks guys, realised it wasnt a proper pin yet i'm quite nervous about the longs. markets seem far too fragile
  • #10,808
  • Aug 17, 2007 9:19am Aug 17, 2007 9:19am
Quoting auslanco
There will be a price consolidation until 12 est.. There's not going to be new High's.
Aus,

Did you say no new highs for DOW or GJ?
  • #10,809
  • Aug 17, 2007 9:20am Aug 17, 2007 9:20am
Quoting digitizer123
What's your problem man???? what's with all the name calling and trashy attitude???

sorry. Told you I was wired on coffee.
  • #10,810
  • Aug 17, 2007 9:20am Aug 17, 2007 9:20am
what time did the the spike down happen last night, the one that went to 219.55? and was anyone brave enough to long from that?
  • #10,811
  • Aug 17, 2007 9:20am Aug 17, 2007 9:20am
got stopped out of my GJ for +15

not bad, will wait for hourly candle to close
Trade what you see, not what you think.
  • #10,812
  • Aug 17, 2007 9:20am Aug 17, 2007 9:20am
wouldnt bad US data strengthen the $ against Y and drag GJ along for the ride too?
  • #10,813
  • Aug 17, 2007 9:21am Aug 17, 2007 9:21am
Quoting trader8686
Aus,

Did you say no new highs for DOW or GJ?

Iam talking about GJ. If GJ no high's untill 12est that means, neither DOW
  • #10,814
  • Aug 17, 2007 9:21am Aug 17, 2007 9:21am
I'm going to break out and get you Bernanke!!!!

http://farm2.static.flickr.com/1256/...3d9acf97a9.jpg
  • #10,815
  • Aug 17, 2007 9:22am Aug 17, 2007 9:22am
*aug Preliminary Univ. Of Michigan Confidence: 83.3 V 88.0e, Lowest Reading Since Aug 2006
  • #10,816
  • Aug 17, 2007 9:22am Aug 17, 2007 9:22am
Quoting khmr
what time did the the spike down happen last night, the one that went to 219.55? and was anyone brave enough to long from that?
300 pips, right off the bottom.
  • #10,817
  • Aug 17, 2007 9:24am Aug 17, 2007 9:24am
Quoting Trumpcard
wouldnt bad US data strengthen the $ against Y and drag GJ along for the ride too?
No bad data should weeken us dolar in a normal world. But the world is not normal at the monent.
  • #10,818
  • Aug 17, 2007 9:25am Aug 17, 2007 9:25am
Quoting markam
300 pips, right off the bottom.
why am I not surprised it was you....how come you didn't hold it longer?
  • #10,819
  • Aug 17, 2007 9:25am Aug 17, 2007 9:25am
Quoting karmostaji
got stopped out of my GJ for +15

not bad, will wait for hourly candle to close
good job karm. we still must remember that "15" pips is really good. these 1000 pip days, while awesome for those who accomplished it, is not realistic for the long haul. i am not looking forward to it but the 100-300 pip weeks wiil be back. but i gotta tell ya these last couple weeks have been AWESOME!!!!
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #10,820
  • Aug 17, 2007 9:26am Aug 17, 2007 9:26am
Quoting markam
I'm going to break out and get you Bernanke!!!!
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