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

  • #11,921
  • Aug 20, 2007 12:17pm Aug 20, 2007 12:17pm
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...
DOW 1h chart, candle closed well below 38.2 fib, just now it's coming back to test it (acting as resistance), 1h candle on GJ closed below 23.6 and if you plot a 1h fib from low of 219 to high of 229.xx, the 23.6 acted as resistance and candle closed below it, next target should be 225.70 but i believe it can go to the 4h 23.6 (225.17)
Trade what you see, not what you think.
  • #11,922
  • Aug 20, 2007 12:17pm Aug 20, 2007 12:17pm
Quoting karmostaji

I would have stopped sooner, but I was negative, and I refuse to be negative on my scalps.
  • #11,923
  • Aug 20, 2007 12:18pm Aug 20, 2007 12:18pm
Quoting ar1002
Short @this rate or wait to cross below 226.54?
It is your trade mister, you make the decision
Trade what you see, not what you think.
  • #11,924
  • Aug 20, 2007 12:18pm Aug 20, 2007 12:18pm
Quoting markam
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.
Far from me from entering, I was just saying that in my opinion is not a very good entry at all, at best I see it ranging some more. Only that I was rather laconic because Karmaostaji is familiar with those fib levels (or so I think if I drew them right...)
  • #11,925
  • Aug 20, 2007 12:19pm Aug 20, 2007 12:19pm
Quoting markam
I would have stopped sooner, but I was negative, and I refuse to be negative on my scalps.
what's in your avatar? i honestly don't know what I look at everytime i stare at it
Trade what you see, not what you think.
  • #11,926
  • Aug 20, 2007 12:20pm Aug 20, 2007 12:20pm
Quoting karmostaji
what's in your avatar? i honestly don't know what I look at everytime i stare at it
dinosaur eating a caveman. My 7-year old loves dinosaurs.
  • #11,927
  • Aug 20, 2007 12:21pm Aug 20, 2007 12:21pm
Quoting markam
Tough trading day. I have done 9 scalps and have a whopping 2 pips profit to show for it.

I hear you.. Maybe forex trading is not for me either..

PS: Karmo, I have this Citation Jet 525 here, fully loaded, leather seats, power windows and all, cmon' bro, I cut you a deal! I'll throw the custom paint on the tail for free, just for you
Just joking..
  • #11,928
  • Aug 20, 2007 12:21pm Aug 20, 2007 12:21pm
Quoting karmostaji
DOW 1h chart, candle closed well below 38.2 fib, just now it's coming back to test it (acting as resistance), 1h candle on GJ closed below 23.6 and if you plot a 1h fib from low of 219 to high of 229.xx, the 23.6 acted as resistance and candle closed below it, next target should be 225.70 but i believe it can go to the 4h 23.6 (225.17)
With GJ is ok on the DOW I have something very diffrent from you
Like I said I will watch from the sidelines
  • #11,929
  • Aug 20, 2007 12:21pm Aug 20, 2007 12:21pm
Quoting markam
dinosaur eating a caveman. My 7-year old loves dinosaurs.
LOL ok now I see it, thank you sir
Trade what you see, not what you think.
  • #11,930
  • Aug 20, 2007 12:21pm Aug 20, 2007 12:21pm
Quoting karmostaji
It is your trade mister, you make the decision
Thats right, I am learning my dear bro. Did you open position?
  • #11,931
  • Aug 20, 2007 12:22pm Aug 20, 2007 12:22pm
here come's the money boys, everybody smile
Trade what you see, not what you think.
  • #11,932
  • Aug 20, 2007 12:23pm Aug 20, 2007 12:23pm
Quoting ar1002
Thats right, I am learning my dear bro. Did you open position?
yes i did when i said short @ 226.54
Trade what you see, not what you think.
  • #11,933
  • Aug 20, 2007 12:25pm Aug 20, 2007 12:25pm
Quoting karmostaji
here come's the money boys, everybody smile
dow still can't break down. No money for you yet.

Is your avatar you?
  • #11,934
  • Aug 20, 2007 12:25pm Aug 20, 2007 12:25pm
Quoting karmostaji
here come's the money boys, everybody smile
sorry tp 225.80 or 225.20
  • #11,935
  • Aug 20, 2007 12:26pm Aug 20, 2007 12:26pm
Quoting karmostaji
yes i did when i said short @ 226.54
Is it real you in your avtar?
  • #11,936
  • Aug 20, 2007 12:26pm Aug 20, 2007 12:26pm
Quoting markam
dow still can't break down. No money for you yet.

Is your avatar you?
It will, DOW always listens to papa

lol no, it is the son of Dubai's leader, Sheikh Hamdan Bin Mohammad AlMaktoum
Trade what you see, not what you think.
  • #11,937
  • Aug 20, 2007 12:27pm Aug 20, 2007 12:27pm
Quoting ar1002
Is it real you in your avtar?
no, but I look similar
Trade what you see, not what you think.
  • #11,938
  • Aug 20, 2007 12:27pm Aug 20, 2007 12:27pm
Quoting khaled22
sorry tp 225.80 or 225.20
you can choose, but lock in profit as we go lower
Trade what you see, not what you think.
  • #11,939
  • Aug 20, 2007 12:28pm Aug 20, 2007 12:28pm
Quoting ar1002
Thats right, I am learning my dear bro. Did you open position?
Hi ar1002, It will be so much easier for us if you just refer back to the previous few posts before you ask a question. Neither Karmo or anyone else cannot entertain all the repetitive questions as we have to do two million other things while we post on this thread. There for before you ask a question please look back on the previous 10 posts or so whether you can find an answer before you direct your question. Thanks
  • #11,940
  • Aug 20, 2007 12:29pm Aug 20, 2007 12:29pm
I opened at 226.67. I already moved SL to break even......SLOW trading day - dont really want to lose any money ona day like this
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