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

  • #12,981
  • Aug 22, 2007 1:59am Aug 22, 2007 1:59am
Long GJ Long
Hello World
  • #12,982
  • Aug 22, 2007 2:01am Aug 22, 2007 2:01am
closed for +121

will re-enter at 5SMA 1H
Trade what you see, not what you think.
  • #12,983
  • Aug 22, 2007 2:01am Aug 22, 2007 2:01am
Quoting karmostaji
I'm going to leave for university soon, I won't be here so you will have to look at the 5 simple moving average on the 1 hour chart
My 5sma shows 22732 on the 1hr chart.

I'm going to wait for a retracement before going long.
  • #12,984
  • Aug 22, 2007 2:01am Aug 22, 2007 2:01am
Quoting karmostaji
I'm going to leave for university soon, I won't be here so you will have to look at the 5 simple moving average on the 1 hour chart
Look and what action should we take? Stay or stop?

Any way..... happy studying at ur uni. Dont worry, profit is in ur hand..
  • #12,985
  • Aug 22, 2007 2:02am Aug 22, 2007 2:02am
Quoting jarroo
I like it Karmo

Let's see. . .

1st TP 225.70 weekly 50 fib

2nd TP 225.15 4 hour 23.6 fib

3rd TP 224.50 ??

Jim
Hey karmo, I hit my target yesterday (225.75 was close enough for me).

On the side lines now. Longs look better to me after 229.65.

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #12,986
  • Aug 22, 2007 2:04am Aug 22, 2007 2:04am
only 15min 5sma retracement is due
  • #12,987
  • Aug 22, 2007 2:04am Aug 22, 2007 2:04am
Quoting HnP
Look and what action should we take? Stay or stop?

Any way..... happy studying at ur uni. Dont worry, profit is in ur hand..
stay? stop? I didn't get it. I said I will long again once price reaches the 5 period simple moving average on the 1H chart

Our friend auslanco will be here, he will assist you

auslanco
Trade what you see, not what you think.
  • #12,988
  • Aug 22, 2007 2:05am Aug 22, 2007 2:05am
it didnt show as a 100% entry on my charts.. so i missed it.. 4hr was still below tft.. hopefully if it goes back to 5sma on 1h i can get an entry..
  • #12,989
  • Aug 22, 2007 2:06am Aug 22, 2007 2:06am


What is this movement about?! Where is my superbull???
Hello World
  • #12,990
  • Aug 22, 2007 2:08am Aug 22, 2007 2:08am
u in here aus? what r your thoughts?
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #12,991
  • Aug 22, 2007 2:08am Aug 22, 2007 2:08am
Quoting karmostaji
stay? stop? I didn't get it. I said I will long again once price reaches the 5 period simple moving average on the 1H chart

Our friend auslanco will be here, he will assist you

auslanco
I think you skip the uni today mate
  • #12,992
  • Aug 22, 2007 2:09am Aug 22, 2007 2:09am
Quoting karmostaji
I will add longs when we come back to 5SMA 1H

I'm a bull man today and I want pips

Karmo--30 min 5 sma would be better to add longs as that where the 30min 100sma is lying too (confluence) --
i might add there more and if it goes to 5sma 1hr--then add more and if it goes to 220 add more (lol)
  • #12,993
  • Aug 22, 2007 2:12am Aug 22, 2007 2:12am
Quoting auslanco
only 15min 5sma retracement is due
Hey,Aus

Not even 30min 5sma?
Vivere pericolosamente...
  • #12,994
  • Aug 22, 2007 2:13am Aug 22, 2007 2:13am
still waitng. not a strong close above trend but bias is definitely up.
Attached Image (click to enlarge)
Click to Enlarge Name: 1hr.gif Size: 21 KB
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #12,995
  • Aug 22, 2007 2:14am Aug 22, 2007 2:14am
Quoting Petter
Hey,Aus

Not even 30min 5sma?
Yeah, that's a good question Aus. How do you determine whether it will retrace to the 15M, 30M, 1H, or 4H 5sma at any given time?
  • #12,996
  • Aug 22, 2007 2:15am Aug 22, 2007 2:15am
Quoting Petter
Hey,Aus

Not even 30min 5sma?
if thats the case then it just happened
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #12,997
  • Aug 22, 2007 2:16am Aug 22, 2007 2:16am
Retracement is based on fibo levels (usually).... Look at one, but all I can say for now is Long GJ Long...
Hello World
  • #12,998
  • Aug 22, 2007 2:18am Aug 22, 2007 2:18am
Quoting auslanco
I think you skip the uni today mate
haha, it's only today and tomorrow.. then i'm free for like 10 days, might go to Munich but i'll be trading wherever i go
Trade what you see, not what you think.
  • #12,999
  • Aug 22, 2007 2:19am Aug 22, 2007 2:19am
Quoting moneymagnet
if thats the case then it just happened
How come? My 30min 5sma is at 227.40
Vivere pericolosamente...
  • #13,000
  • Aug 22, 2007 2:19am Aug 22, 2007 2:19am
Quoting Hakuna Matata
Karmo--30 min 5 sma would be better to add longs as that where the 30min 100sma is lying too (confluence) --
i might add there more and if it goes to 5sma 1hr--then add more and if it goes to 220 add more (lol)
what I do always is look at the 5SMA from the 5m chart all the way to 1h, and watch which one holds, and then long.. it can be the 30m or any TF, but like auslanco has said b4 1H 5SMA is the true price
Trade what you see, not what you think.
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