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

  • #12,301
  • Aug 21, 2007 1:25am Aug 21, 2007 1:25am
There goes my SL... Ok guys.. I'm done... need that sleep
  • #12,302
  • Aug 21, 2007 1:27am Aug 21, 2007 1:27am
Quoting auslanco
There goes my SL... Ok guys.. I'm done... need that sleep
Get some rest mate!
  • #12,303
  • Aug 21, 2007 1:31am Aug 21, 2007 1:31am
I was long then hedged due to conflicting signals of different timeframes
  • #12,304
  • Aug 21, 2007 1:32am Aug 21, 2007 1:32am
Quoting Hakuna Matata
long at 227.72 --hit the 50ema
out -30pips
signals turning--safe then sorry
  • #12,305
  • Aug 21, 2007 1:33am Aug 21, 2007 1:33am
Quoting auslanco
There goes my SL... Ok guys.. I'm done... need that sleep
I didn't see that you actually entered that LONG?

Will let you sleep for 30 minutes, then get back in there at London, will get those pips back. LOL

Sleep well friend.

Ken
  • #12,306
  • Aug 21, 2007 1:36am Aug 21, 2007 1:36am
I finally exited my short - been holding since 11 pm - 121 pip profit.. first time I had the guts to hold on for so long .. thanks to karmo and aus for the patience techniques!

I think this still has the potential to go down further.. there are rumors about a UK insurer going into losses because of the subprime issues - nothing definite yet - but rumors drive the markets. If this turns out to be true though, expect a further fall - if not, then GJ should go back up.
  • #12,307
  • Aug 21, 2007 1:36am Aug 21, 2007 1:36am
market is in it's range from 226.24 to 229.07 from yesterday.
we should wait:
1-if price downn 226.24 it goes down
2-if price now uoward 228.17 then goes up
it's better wait til london open.
it's my understanding.
  • #12,308
  • Aug 21, 2007 1:37am Aug 21, 2007 1:37am
jeezzz...this bear aint no joke.....and this week is alot harder then last as it is reversing signal really quickly
  • #12,309
  • Aug 21, 2007 1:38am Aug 21, 2007 1:38am
Crap - soon as i exited my position.. price went down 40 pips.. always happens to me!
  • #12,310
  • Aug 21, 2007 1:41am Aug 21, 2007 1:41am
Quoting VishalJ
Crap - soon as i exited my position.. price went down 40 pips.. always happens to me!
I know how that feels....but....a profit is still a profit...
  • #12,311
  • Aug 21, 2007 1:41am Aug 21, 2007 1:41am
Quoting VishalJ
Crap - soon as i exited my position.. price went down 40 pips.. always happens to me!
at least you are one of the few you actually got pips out of this swing...
  • #12,312
  • Aug 21, 2007 1:44am Aug 21, 2007 1:44am
Quoting khmr
at least you are one of the few you actually got pips out of this swing...
Yeah.. usually I am always at the other end!
  • #12,313
  • Aug 21, 2007 1:45am Aug 21, 2007 1:45am
Quoting xlr8
I know how that feels....but....a profit is still a profit...
True mate The worst is when I waited for NZD/USD to drop.. waited for an hour and finally exited with 5 pips. Soon as I closed, sucker dropped 100 pips in 10 minutes
  • #12,314
  • Aug 21, 2007 1:45am Aug 21, 2007 1:45am
Quoting VishalJ
Crap - soon as i exited my position.. price went down 40 pips.. always happens to me!

better than losing money!
  • #12,315
  • Aug 21, 2007 1:46am Aug 21, 2007 1:46am
bounced off the 100sma on 30min chart
  • #12,316
  • Aug 21, 2007 1:51am Aug 21, 2007 1:51am
Quoting VishalJ
True mate The worst is when I waited for NZD/USD to drop.. waited for an hour and finally exited with 5 pips. Soon as I closed, sucker dropped 100 pips in 10 minutes
Tell me about it...I know how that feels. I've thousands of potential pips coz I was not bold enough to hold my positions longer and I still experience the same thing almost everyday. I learnt that we need to stay calm and patient before our targets are hit. One thing I've also learnt is to use the fibo retracements for my TPs especially @ the 61.8 & 75.0 levels
  • #12,317
  • Aug 21, 2007 1:53am Aug 21, 2007 1:53am
Anyone see an inverted head & shoulder formation in the 1hr chart?
  • #12,318
  • Aug 21, 2007 1:53am Aug 21, 2007 1:53am
I'm still long, average -92 pips, but I'm sure some time it will go up again. At least I have the interest on my side. (Oanda, interest payed every day)

Orca
New voice message: Why are you calling me? If I need you, I'll call you!
  • #12,319
  • Aug 21, 2007 2:02am Aug 21, 2007 2:02am
Quoting KillerWhale
I'm still long, average -92 pips, but I'm sure some time it will go up again. At least I have the interest on my side. (Oanda, interest payed every day)

Orca
13 pips up
New voice message: Why are you calling me? If I need you, I'll call you!
  • #12,320
  • Aug 21, 2007 2:12am Aug 21, 2007 2:12am
this looks like it is setting up for a short! waiting for the 15m to cross back down.
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