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

  • #11,901
  • Aug 20, 2007 10:01am Aug 20, 2007 10:01am
Quoting Trumpcard
Dow is being very stubborn! fall damn you! ya mule, ya!
that's it, doing nicely now
  • #11,902
  • Aug 20, 2007 10:02am Aug 20, 2007 10:02am
Quoting vrama
Aus, I am short from 229.01, can you give me a hint for TP please.

1st TP 225.90
2nd TP 224.59

Take this trade if you want to loose.. these are my TP levels.. Not recommended for others
  • #11,903
  • Aug 20, 2007 10:02am Aug 20, 2007 10:02am
All indicators are pointing south
Looks like i'll wait a retracement then i'll go short with a tp around 225.60
COT: The precious data ignored
  • #11,904
  • Aug 20, 2007 10:03am Aug 20, 2007 10:03am
short @ 226.54

TP 225.20
Trade what you see, not what you think.
  • #11,905
  • Aug 20, 2007 10:05am Aug 20, 2007 10:05am
  •  vrama
  • | Joined Dec 2006 | Status: BE at right place@right time = LUCK | 210 Posts
Quoting auslanco
1st TP 225.90
2nd TP 224.59

Take this trade if you want to loose.. these are my TP levels.. Not recommended for others

Thank you very much.
My TP : 225.91
All things are difficult before they are easy.
  • #11,906
  • Aug 20, 2007 10:05am Aug 20, 2007 10:05am
Hello Bear
Attached Image
  • #11,907
  • Aug 20, 2007 10:06am Aug 20, 2007 10:06am
I will lock in a small # of profit and then just let it ride, it's a free trade then
Trade what you see, not what you think.
  • #11,908
  • Aug 20, 2007 10:07am Aug 20, 2007 10:07am
Quoting karmostaji
short @ 226.54

TP 225.20
Karm...whats you SL if you mind me asking and how do you determine that? thx
  • #11,909
  • Aug 20, 2007 10:07am Aug 20, 2007 10:07am
Unless the dow head up to near its opening level and then turns down, I am staying out until the asian session (at the earliest).

Just remember that the dow retracing to positive territory will take GJ up at least 100 points. Set your stops accordingly.
  • #11,910
  • Aug 20, 2007 10:08am Aug 20, 2007 10:08am
Quoting khmr
Karm...whats you SL if you mind me asking and how do you determine that? thx
at the moment it's 100, 100 pips loss is 1% of my account

as soon as we are in profit, read the post above yours
Trade what you see, not what you think.
  • #11,911
  • Aug 20, 2007 10:09am Aug 20, 2007 10:09am
Quoting markam
Unless the dow head up to near its opening level and then turns down, I am staying out until the asian session (at the earliest).

Just remember that the dow retracing to positive territory will take GJ up at least 100 points. Set your stops accordingly.
Exactly, theres no need to rush...yet
  • #11,912
  • Aug 20, 2007 10:10am Aug 20, 2007 10:10am
shorted 226.67
tp 225.90
  • #11,913
  • Aug 20, 2007 10:12am Aug 20, 2007 10:12am
Tough trading day. I have done 9 scalps and have a whopping 2 pips profit to show for it.
  • #11,914
  • Aug 20, 2007 10:12am Aug 20, 2007 10:12am
Quoting karmostaji
short @ 226.54

TP 225.20
Dow in the last 5 hours was jumping between 38.2 50(from the last move down) levels curently close to 38.2 and 4h and 1h rather bullsih. And also GJ is just between 23.6 mothly and 50 weekly with no crossover yet on 1H, I am realy curious to see how it is going since i have no clue why you took the short...
  • #11,915
  • Aug 20, 2007 10:12am Aug 20, 2007 10:12am
too many sheep in here
go go go
  • #11,916
  • Aug 20, 2007 10:12am Aug 20, 2007 10:12am
Quoting markam
Tough trading day. I have done 9 scalps and have a whopping 2 pips profit to show for it.
Trade what you see, not what you think.
  • #11,917
  • Aug 20, 2007 10:13am Aug 20, 2007 10:13am
I think that the Dow is going to have a real tough time getting into positive territory today. The bond market is taking a hit today which the market follows very closely. The 3 month T-Bill is down 100 basis points which is unheard of during one trading day.
  • #11,918
  • Aug 20, 2007 10:16am Aug 20, 2007 10:16am
Quoting ovidiu
Dow in the last 5 hours was jumping between 38.2 50(from the last move down) levels curently close to 38.2 and 4h and 1h rather bullsih. And also GJ is just between 23.6 mothly and 50 weekly with no crossover yet on 1H, I am realy curious to see how it is going since i have no clue why you took the short...
The 30-minute and 1-hour charts are both pointing south. The 4-hour is bullish. With the dow movement, it is not a good time to enter, especially if you are just following the actions of other people.

Things will be a lot clearer after 4.
  • #11,919
  • Aug 20, 2007 10:16am Aug 20, 2007 10:16am
Quoting markam
Tough trading day. I have done 9 scalps and have a whopping 2 pips profit to show for it.
you should see my record then..., I won't post it:
  • #11,920
  • Aug 20, 2007 10:17am Aug 20, 2007 10:17am
Quoting karmostaji
Short @this rate or wait to cross below 226.54?
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