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

  • #13,261
  • Aug 22, 2007 8:47am Aug 22, 2007 8:47am
Quoting digitizer123
Hey markam - looks like your bear brother "Vishal" switched sides and left you alone????
Thats ok. Bears are perfectly happy alone.
  • #13,262
  • Aug 22, 2007 8:49am Aug 22, 2007 8:49am
Quoting karmostaji
refuel pit stop
30 min sma look good, or you think it will stop at 15?
  • #13,263
  • Aug 22, 2007 8:49am Aug 22, 2007 8:49am
Quoting auslanco
10 min retraco
more like a 15 min

just hope it doesnt form an inverted hammer on 30 min
  • #13,264
  • Aug 22, 2007 8:49am Aug 22, 2007 8:49am
as long as we keep going up, I will add more longs at 5SMA 1H

remember, I always lock in profit on my old positions before adding new one's
Trade what you see, not what you think.
  • #13,265
  • Aug 22, 2007 8:50am Aug 22, 2007 8:50am
Quoting markam
13201 doesn't count
Come ON man...thing "Nice" "Good" thoughts today.....Please?

No doom and gloom on my day off...
  • #13,266
  • Aug 22, 2007 8:52am Aug 22, 2007 8:52am
Quoting kevinsw
Come ON man...thing "Nice" "Good" thoughts today.....Please?

No doom and gloom on my day off...

You couldn't be happy with a 500 pip drop? I know I could be.
  • #13,267
  • Aug 22, 2007 8:53am Aug 22, 2007 8:53am
Quoting Hakuna Matata
more like a 15 min

just hope it doesnt form an inverted hammer on 30 min
yep, i was thinking the same thing but no worries I have confidence in this beast
Trade what you see, not what you think.
  • #13,268
  • Aug 22, 2007 8:53am Aug 22, 2007 8:53am
who is the matador trying to slay our bulls???

come on DJ push above 13200 and cable above 9900 pleaseee
give me my pips back...
  • #13,269
  • Aug 22, 2007 8:55am Aug 22, 2007 8:55am
another little push at 13200
  • #13,270
  • Aug 22, 2007 8:55am Aug 22, 2007 8:55am
Quoting Lincoln_10
who is the matador trying to slay our bulls???

come on DJ push above 13200 and cable above 9900 pleaseee
in this game, we don't say 'please'

we have something called 'patience'
Trade what you see, not what you think.
  • #13,271
  • Aug 22, 2007 8:55am Aug 22, 2007 8:55am
Quoting markam
You couldn't be happy with a 500 pip drop? I know I could be.
Only if you told me it was going to happen 2 minutes before hand..lol
  • #13,272
  • Aug 22, 2007 8:55am Aug 22, 2007 8:55am
Quoting karmostaji
as long as we keep going up, I will add more longs at 5SMA 1H

remember, I always lock in profit on my old positions before adding new one's
By this, do you mean that you change the SL to be higher than the initial entry point? Do you do this after you've taken out the new position, or do you change the SL after the price has moved up a few pips in anticipation that the price will continue to rise, and that if it did drop, at least you'll have locked in a few pips and can probably re-enter if the price drops below the original opening price.

I've been doing this on NZD / JPY, and then buying another lot after a retracement. AND keeping the original trade. It's been ok so far. I've got 4 long term trades locked in.
  • #13,273
  • Aug 22, 2007 8:56am Aug 22, 2007 8:56am
if this hour closes under 229, we would have a perfect pin bar on the H1.
  • #13,274
  • Aug 22, 2007 8:57am Aug 22, 2007 8:57am
13200
  • #13,275
  • Aug 22, 2007 8:57am Aug 22, 2007 8:57am
here comes the second bull run i believe
DJI 13199 and wants to push higher up..

RUN BULLLSSS

and yeahhh patiance is a virtue.
give me my pips back...
  • #13,276
  • Aug 22, 2007 8:58am Aug 22, 2007 8:58am
Quoting AndyPass
By this, do you mean that you change the SL to be higher than the initial entry point? Yes. Do you do this after you've taken out the new position, or do you change the SL after the price has moved up a few pips in anticipation that the price will continue to rise, and that if it did drop, at least you'll have locked in a few pips and can probably re-enter if the price drops below the original opening price. correct

I've been doing this on NZD / JPY, and then buying another lot after a retracement. AND keeping the original trade. It's been ok so far. I've got 4 long term trades locked in.
.
Trade what you see, not what you think.
  • #13,277
  • Aug 22, 2007 9:00am Aug 22, 2007 9:00am
There is nothing in the news that would really give the market a big push today. I would be surprised if there was any real attempt above 13200 before the last hour of trading.
  • #13,278
  • Aug 22, 2007 9:01am Aug 22, 2007 9:01am
hmm, not good.. we couldn't break a TL

GJ will go up only if DOW breaks 13200, it will IMO
Trade what you see, not what you think.
  • #13,279
  • Aug 22, 2007 9:03am Aug 22, 2007 9:03am
it is sure bulls day, but we have many obstacles:
GU should break 1.9900
EU should break 1.3500
GJI have strong resistance at 13200
and there is a big gap on the opening of the Nasdaq if this gap should be closed we will have a retrace on DJI and GJ about 100 pips.
just thoughts.
  • #13,280
  • Aug 22, 2007 9:03am Aug 22, 2007 9:03am
goodbye 231 for now
give me my pips back...
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