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

  • #11,981
  • Aug 20, 2007 1:37pm Aug 20, 2007 1:37pm
Quoting markam
Now its almost time to go short.
no not to short,to long now
  • #11,982
  • Aug 20, 2007 1:39pm Aug 20, 2007 1:39pm
added a short too..

several other shorts in from 226.4 - 226.7


Quoting markam
That is my bet. just went short
  • #11,983
  • Aug 20, 2007 1:39pm Aug 20, 2007 1:39pm
1.5 hours
  • #11,984
  • Aug 20, 2007 1:40pm Aug 20, 2007 1:40pm
dow is hanging right below its opening. I am expecting a 150-200 point drop here
  • #11,985
  • Aug 20, 2007 1:40pm Aug 20, 2007 1:40pm
Quoting markam
That is my bet. just went short
13088 would be a max for the DOW today if it doesn't rally for some reason to support our long trade strat, do you agree?
  • #11,986
  • Aug 20, 2007 1:40pm Aug 20, 2007 1:40pm
Quoting auslanco
Ok guys.. We are getting a new strategy Long trade soon
You mean wait for a long position?
  • #11,987
  • Aug 20, 2007 1:40pm Aug 20, 2007 1:40pm
Why did you decide to go short now? What and how did you decide on your target? SL please...thanks...
  • #11,988
  • Aug 20, 2007 1:42pm Aug 20, 2007 1:42pm
Quoting joiedevivre
Why did you decide to go short now? What and how did you decide on your target? SL please...thanks...
I watch the dow to determine when to enter and when to exit.
  • #11,989
  • Aug 20, 2007 1:43pm Aug 20, 2007 1:43pm
Quoting joiedevivre
Why did you decide to go short now? What and how did you decide on your target? SL please...thanks...
He just said the this is the normal behaviour of the DOW like a dinosaur he has it's habbits: , and we are also at that descending trendline never broke on 4H on GJ.
Edit: Dinosuar = DOW not Markam hope no one got it the other way...
  • #11,990
  • Aug 20, 2007 1:44pm Aug 20, 2007 1:44pm
you are shorting the gbp/jpy and not the DOW? Just using the DOW as another tool in your toolbox?
  • #11,991
  • Aug 20, 2007 1:45pm Aug 20, 2007 1:45pm
Quoting joiedevivre
you are shorting the gbp/jpy and not the DOW? Just using the DOW as another tool in your toolbox?
correct
  • #11,992
  • Aug 20, 2007 1:47pm Aug 20, 2007 1:47pm
just remember the dow could still break up in a rally.
  • #11,993
  • Aug 20, 2007 1:51pm Aug 20, 2007 1:51pm
...I may be slow like a dinosaur. I read every post...almost as it is written , and just want to be certain that I'm learning. Thank you Markham...
  • #11,994
  • Aug 20, 2007 1:52pm Aug 20, 2007 1:52pm


Quoting markam
just remember the dow could still break up in a rally.
THE TREND IS UR FRIEND
  • #11,995
  • Aug 20, 2007 1:56pm Aug 20, 2007 1:56pm
looks like we just touched on yesterdays dow close
  • #11,996
  • Aug 20, 2007 1:57pm Aug 20, 2007 1:57pm
talk about unexpected movement
Trade what you see, not what you think.
  • #11,997
  • Aug 20, 2007 1:59pm Aug 20, 2007 1:59pm
Good afternoon,

SI M30 crossed up
BR
  • #11,998
  • Aug 20, 2007 1:59pm Aug 20, 2007 1:59pm
Quoting karmostaji
talk about unexpected movement
I am pretty sure I said the dow was liable to go up to the opening level then dive.

Got the first part, now I really want the second part.
  • #11,999
  • Aug 20, 2007 2:01pm Aug 20, 2007 2:01pm
this thing might never go back to 226...me think...
its just money
  • #12,000
  • Aug 20, 2007 2:02pm Aug 20, 2007 2:02pm
Strong S/R

Jim
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