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

  • #16,021
  • Aug 27, 2007 7:42am Aug 27, 2007 7:42am
Quoting @40
It's a retracement, guys. We can't go only up.
LOL...: to the moon. It will go back to the ranging zone
  • #16,022
  • Aug 27, 2007 7:43am Aug 27, 2007 7:43am
multiple attempts to break 233.53, (short term support) next time around might just do it
  • #16,023
  • Aug 27, 2007 7:43am Aug 27, 2007 7:43am
Quoting karmostaji
Ok I'm back from the hospital, I'm all good.. was doing some check-up's

You all who are short becareful, I might take your money and run away up

I still believe in my LONG, I might short a bit if hourly closes well below 233.70

until then, I'm the bull man with patience

Welcome back bro.. Hope you are feeling better
  • #16,024
  • Aug 27, 2007 7:45am Aug 27, 2007 7:45am
I only want it to go to 233.33 and I'll be thrilled

Spent1
  • #16,025
  • Aug 27, 2007 7:46am Aug 27, 2007 7:46am
OK guys.. My TP hit. I'm off to bed. See you everyone tomorrow.
Safe trading.
  • #16,026
  • Aug 27, 2007 7:47am Aug 27, 2007 7:47am
Quoting auslanco
NO short NO Longs, Just scalp the market using 5 min TF for smaller profit targets..

There are good trades developing in Eur/Jpy, USD/JPY and GBP/USD.. good luck to every one.

Good point, no shorts or longs or scalps for me! No trading for now (positions are in, stops are set and profit locked in). It's a bank holiday here so I need to spend some time with the family!

Z
  • #16,027
  • Aug 27, 2007 7:51am Aug 27, 2007 7:51am
Quoting karmostaji
Ok I'm back from the hospital, I'm all good.. was doing some check-up's

You all who are short becareful, I might take your money and run away up

I still believe in my LONG, I might short a bit if hourly closes well below 233.70

until then, I'm the bull man with patience

Karmo, at what point would you maybe consider adding to your current longs?
  • #16,028
  • Aug 27, 2007 7:51am Aug 27, 2007 7:51am
I'm, erm, long as well. Just sticking to my crude system (the rules of which I've been breaking a lot lately, making me lose money), and also due to the fact that I kind of always remember getting burned when I sell on support and buy on resistance. It's just that selling on support is something I now avoid doing. Although, yeah, it does look like a nice time to short. I hope I don't chicken out of this trade and hate myself for chickening out later if it works out.
  • #16,029
  • Aug 27, 2007 7:52am Aug 27, 2007 7:52am
Quoting karmostaji
Ok I'm back from the hospital, I'm all good.. was doing some check-up's

You all who are short becareful, I might take your money and run away up

I still believe in my LONG, I might short a bit if hourly closes well below 233.70

until then, I'm the bull man with patience
welcome back karmo. we need some direction - YOUR direction
  • #16,030
  • Aug 27, 2007 7:54am Aug 27, 2007 7:54am
It is a BULL time...


LONG from 231.57


  • #16,031
  • Aug 27, 2007 7:54am Aug 27, 2007 7:54am
I expect a decline in the stock market for the rest of the day. This was a bad housing number for the bulls. I am 100% confident the feds will not cut rates at their next meeting, because that have enough plausibly good news to justify it.

Of course the news isn't really good, so the economy is continuing its downturn. So the stock market is probably going to continue to slide until the next fed meeting. Then it will really drop.
  • #16,032
  • Aug 27, 2007 7:57am Aug 27, 2007 7:57am
Quoting Piters
It is a BULL time...


LONG from 231.57


Good for you man. Me, I'm trying to calm my chest and tummy. Have to stick to rules... arghhh...
  • #16,033
  • Aug 27, 2007 7:58am Aug 27, 2007 7:58am
tomorrow's consumer confidence figures come out - what time period is this based on? all you american folk out there, are you confident?!
  • #16,034
  • Aug 27, 2007 8:05am Aug 27, 2007 8:05am
Quoting Trumpcard
tomorrow's consumer confidence figures come out - what time period is this based on? all you american folk out there, are you confident?!
I am confident that the US economy is doomed.
  • #16,035
  • Aug 27, 2007 8:08am Aug 27, 2007 8:08am
Quoting Qman
Karmo, at what point would you maybe consider adding to your current longs?
I'm watching the retracement levels (support), let's see which one holds..

233.70
233.15
232.60
Trade what you see, not what you think.
  • #16,036
  • Aug 27, 2007 8:09am Aug 27, 2007 8:09am
Sorry man .. it is bear day .. hunting for foods because it's summer .. http://www.forexfactory.com/images/icons/icon10.gif
  • #16,037
  • Aug 27, 2007 8:11am Aug 27, 2007 8:11am
Quoting markam
I am confident that the US economy is doomed.
I hate to say this, but I am counting on it.
Humble Lifetime Member
  • #16,038
  • Aug 27, 2007 8:13am Aug 27, 2007 8:13am
It's a bit late but I couldn't say it earlier..

1st TP @ 235.20 REACHED
Trade what you see, not what you think.
  • #16,039
  • Aug 27, 2007 8:16am Aug 27, 2007 8:16am


Take care dude..

WE missed you here!

Quoting karmostaji
It's a bit late but I couldn't say it earlier..

1st TP @ 235.20 REACHED
  • #16,040
  • Aug 27, 2007 8:18am Aug 27, 2007 8:18am
is 233.5xxx the support right now? seems to have alot of bounce around that area.
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