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

  • #15,881
  • Aug 27, 2007 4:54am Aug 27, 2007 4:54am
today i had opened my long at 234.51
SL at 233.74
TP at 236.00

me so nervous
give me my pips back...
  • #15,882
  • Aug 27, 2007 4:57am Aug 27, 2007 4:57am
Current range levels
Attached Image
  • #15,883
  • Aug 27, 2007 4:58am Aug 27, 2007 4:58am
geppys been scary lately!
{Link removed }
  • #15,884
  • Aug 27, 2007 5:08am Aug 27, 2007 5:08am
Quoting Lincoln_10
yeah i dont like this..
bears will come into play BAD...
although the indicators might be showing north,,, well this might be the place where in few hours they will start showing south but could be too late for our longs.
Hi Lincoln, i wish your longs the best but what is frustrating for me is i hear diferent opinions. half the people on this thread say long the others say short. curently very indisisive. so i just realised the best indicator than any on our charts, is the coments on this thread. the mixed predictions tells me stay out. i just dont understand why there is diferent opinions when we are all using the same indicators. i supose i still need plenty of learning and i need to come to terms that its not the indicators but the interpretation of it. and finaly speaking of the indicaters and interpritation of it, you mention that the indicators are showing north, everything from 1h and down is bearish. but then again thats my interpretation and mabe i need to listen and learn more. once again, good luck.
  • #15,885
  • Aug 27, 2007 5:10am Aug 27, 2007 5:10am
Quoting bill77
Hi Lincoln, i wish your longs the best but what is frustrating for me is i hear diferent opinions. half the people on this thread say long the others say short. curently very indisisive. so i just realised the best indicator than any on our charts, is the coments on this thread. the mixed predictions tells me stay out. i just dont understand why there is diferent opinions when we are all using the same indicators. i supose i still need plenty of learning and i need to come to terms that its not the indicators but the interpretation of it. and finaly speaking of the indicaters and interpritation of it, you mention that the indicators are showing north, everything from 1h and down is bearish. but then again thats my interpretation and mabe i need to listen and learn more. once again, good luck.
staying out from todays market is a good strategy... The reason that people are having different opinions is because the market is not stable at all lately and we are around important supports and resistances... and charts tell different things in different time frames, so yes best is to stay out...

or follow your strategy with a good stop loss. because this baby will rocket somewhere for sure.
give me my pips back...
  • #15,886
  • Aug 27, 2007 5:13am Aug 27, 2007 5:13am
im lying here in the hospital in Munich but ill be back later today,

Bull man is strong.

Live from mobile.
Trade what you see, not what you think.
  • #15,887
  • Aug 27, 2007 5:14am Aug 27, 2007 5:14am
Quoting karmostaji
im lying here in the hospital in Munich but ill be back later today,

Bull man is strong.

Live from mobile.
get well soon man...
what happened?
i hope you will be fine/
give me my pips back...
  • #15,888
  • Aug 27, 2007 5:17am Aug 27, 2007 5:17am
Quoting bill77
Hi Lincoln, i wish your longs the best but what is frustrating for me is i hear diferent opinions. half the people on this thread say long the others say short. curently very indisisive. so i just realised the best indicator than any on our charts, is the coments on this thread. the mixed predictions tells me stay out. i just dont understand why there is diferent opinions when we are all using the same indicators. i supose i still need plenty of learning and i need to come to terms that its not the indicators but the interpretation of it. and finaly speaking of the indicaters and interpritation of it, you mention that the indicators are showing north, everything from 1h and down is bearish. but then again thats my interpretation and maybe I need to listen and learn more. once again, good luck.
HI Bill.. Currently according to the QQE/Gann strategy.. 4hr is Bull. 1hr is bear. That means no trend. The market is ranging.. There are only two things you can do right now. You can use smaller TF and scalp or wait until the market find it's direction.

By the way... It's best to take the day off today. Trading GJ without London is like having a wedding without a bride
  • #15,889
  • Aug 27, 2007 5:17am Aug 27, 2007 5:17am
Quoting karmostaji
im lying here in the hospital in Munich but ill be back later today,

Bull man is strong.

Live from mobile.
Get Well Soon!!
  • #15,890
  • Aug 27, 2007 5:20am Aug 27, 2007 5:20am
Quoting karmostaji
im lying here in the hospital in Munich but ill be back later today,

Bull man is strong.

Live from mobile.
Hey Karmo.. Hope you get better soon bro. All the bulls are going crazy without you
  • #15,891
  • Aug 27, 2007 5:25am Aug 27, 2007 5:25am
by the way aus..

you have a long position open?

i might just switch my long to short
give me my pips back...
  • #15,892
  • Aug 27, 2007 5:25am Aug 27, 2007 5:25am
Quoting auslanco
HI Bill.. Currently according to the QQE/Gann strategy.. 4hr is Bull. 1hr is bear. That means no trend. The market is ranging.. There are only two things you can do right now. You can use smaller TF and scalp or wait until the market find it's direction.

By the way... It's best to take the day off today. Trading GJ without London is like having a wedding without a bride
Thanks aus, i will stay out. i think newbies do mistakes when they scalp and not know what they are doing. so leave scalping to the pro's and one day, we will get there.

And by the way everyone, i'm sure karmo will be ok. i heard this man walks on water. all the best karmo.
  • #15,893
  • Aug 27, 2007 5:28am Aug 27, 2007 5:28am
Quoting bill77
Thanks aus, i will stay out. i think newbies do mistakes when they scalp and not know what they are doing. so leave scalping to the pro's and one day, we will get there.

And by the way everyone, i'm sure karmo will be ok. i heard this man walks on water. all the best karmo.
walks on water and makes loads of money at the same time
  • #15,894
  • Aug 27, 2007 5:30am Aug 27, 2007 5:30am
Yeh for sure i'm staying out of the market for the day , or at least until i see a clear direction
Too many resistance around 235.25-50
COT: The precious data ignored
  • #15,895
  • Aug 27, 2007 5:31am Aug 27, 2007 5:31am
Karmo baby....get well soon.....
May the bull be with you.....baby
  • #15,896
  • Aug 27, 2007 5:31am Aug 27, 2007 5:31am
Quoting Lincoln_10
by the way aus..

you have a long position open?

i might just switch my long to short
I got a short position I opened during Tokyo to catch the retracement to 4hr 5SMA. I was going to open a long position after the retraco but since all my smaller TF turned bearish during the retraco.. I left the short trade opened. I may close my short if 30 min QQE cross upwards or price go down to 233.60(my TP target)
  • #15,897
  • Aug 27, 2007 5:33am Aug 27, 2007 5:33am
Quoting bill77
Thanks aus, i will stay out. i think newbies do mistakes when they scalp and not know what they are doing. so leave scalping to the pro's and one day, we will get there.

And by the way everyone, i'm sure karmo will be ok. i heard this man walks on water. all the best karmo.

bill:

With UK banks closed and the Trichet speech not until 9 a.m. EST, it may
well be that ranging will occur at least until traders get some idea whether
there will be indication of a September interest hike in the speech. But then,
it would not surprise many if the market continues to range all day due to the
banks being closed.
  • #15,898
  • Aug 27, 2007 5:44am Aug 27, 2007 5:44am
Quoting auslanco
I got a short position I opened during Tokyo to catch the retracement to 4hr 5SMA. I was going to open a long position after the retraco but since all my smaller TF turned bearish during the retraco.. I left the short trade opened. I may close my short if 30 min QQE cross upwards or price go down to 233.60(my TP target)
good luck man... i can open a short position as well... My hand is almost on the SELL button.
give me my pips back...
  • #15,899
  • Aug 27, 2007 5:46am Aug 27, 2007 5:46am
Karmo get well soon.




Quoting karmostaji
im lying here in the hospital in Munich but ill be back later today,

Bull man is strong.

Live from mobile.
  • #15,900
  • Aug 27, 2007 5:47am Aug 27, 2007 5:47am
Quoting Lincoln_10
good luck man... i can open a short position as well... My hand is almost on the SELL button.

LOL.. Be careful.. I opend my short position @ 235.30. I have brought down my SL to 235.80.
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