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

  • #16,241
  • Aug 27, 2007 4:51pm Aug 27, 2007 4:51pm
Quoting karmostaji
my Long rocket is warming up

Yeh same here , a bullish engulfing candle (10mn chart) just on a huge support is not confortable for shorts
COT: The precious data ignored
  • #16,242
  • Aug 27, 2007 4:51pm Aug 27, 2007 4:51pm
Quoting musicman007
Karmo it must have used up all its fuel or not have much left as its been sat there burning fuel for a couple of days now !
my tp @ 235.20 was hit for my previous longs, so I don't know what your talking about now.
Trade what you see, not what you think.
  • #16,243
  • Edited 5:08pm Aug 27, 2007 4:52pm | Edited 5:08pm
Quoting tradechief
pls hw did u know what price it would bounce at
Good support line:
http://www.forexfactory.com/attachme...1&d=1188252478
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy08272007c.gif Size: 11 KB
  • #16,244
  • Aug 27, 2007 4:53pm Aug 27, 2007 4:53pm
Quoting karmostaji
my Long rocket is warming up
Guys if you haven't gone long already this dip is perfect. Jump on the boat I am more than sure that even if this pair goes down another 200 pips, it will be 500 up to 238 by the end of next week. I don't know why I have this strange feeling.
  • #16,245
  • Aug 27, 2007 4:54pm Aug 27, 2007 4:54pm
Quoting auslanco
nice one, Thanks. How do you interpret this bro?
Hi bud, as far as I can tell you can see the movements compementing the Stochastic movement very clearly and if we are up we go up , flatten off to confirm a trend or then drop for a short and again flatten at the bottom.I use it purely as an additional visual confirmation that action is happening in a given direction ( or about to.)
  • #16,246
  • Aug 27, 2007 4:55pm Aug 27, 2007 4:55pm
Quoting karmostaji
my Long rocket is warming up
I'd put them back into safe mode for the time being :- )
  • #16,247
  • Aug 27, 2007 4:58pm Aug 27, 2007 4:58pm
Quoting LuckyLooser
Guys if you haven't gone long already this dip is perfect. Jump on the boat I am more than sure that even if this pair goes down another 200 pips, it will be 500 up to 238 by the end of next week. I don't know why I have this strange feeling.

Bro.. You cant be serious... Still longs have a slim chance as long as the price stays above daily 5 SMA. Otherwise You will be scracthing your bum So Newbies.. If you don't want to go short, the next best thing is just stay away from the market.
  • #16,248
  • Aug 27, 2007 5:00pm Aug 27, 2007 5:00pm
1hr retraco is due.. May happen in 30 mins
  • #16,249
  • Aug 27, 2007 5:02pm Aug 27, 2007 5:02pm
It ain't a surprise if the pair goes into a range mode for the next 2-3 hours
COT: The precious data ignored
  • #16,250
  • Aug 27, 2007 5:03pm Aug 27, 2007 5:03pm
Quoting auslanco
Bro.. You cant be serious... Still longs have a slim chance as long as the price stays above daily 5 SMA. Otherwise You will be scracthing your bum So Newbies.. If you don't want to go short, the next best thing is just stay away from the market.
Agreed with you Aus.

http://img111.imageshack.us/img111/7...tledaq8.th.png
New Forex Trader
  • #16,251
  • Aug 27, 2007 5:03pm Aug 27, 2007 5:03pm
Quoting karmostaji
my tp @ 235.20 was hit for my previous longs, so I don't know what your talking about now.
Just thinking of the 238 level bro - no worries !
  • #16,252
  • Aug 27, 2007 5:03pm Aug 27, 2007 5:03pm
Quoting kuroro001
It ain't a surprise if the pair goes into a range mode for the next 2-3 hours

I seconed that.
  • #16,253
  • Aug 27, 2007 5:04pm Aug 27, 2007 5:04pm
Quoting auslanco
I seconed that.
I am off to bed, may watch the lunar eclipse first - see you all at 7BST for Frankfurt ! Good pippin !
  • #16,254
  • Aug 27, 2007 5:08pm Aug 27, 2007 5:08pm
Quoting musicman007
I am off to bed, may watch the lunar eclipse first - see you all at 7BST for Frankfurt ! Good pippin !
See yo @ Franky bro
  • #16,255
  • Aug 27, 2007 5:10pm Aug 27, 2007 5:10pm
Quoting LuckyLooser
Guys if you haven't gone long already this dip is perfect. Jump on the boat I am more than sure that even if this pair goes down another 200 pips, it will be 500 up to 238 by the end of next week. I don't know why I have this strange feeling.
my god, since when are u giving advices to people to trade just because you feel so???? your nickname describes you exactly.
We leave no soldier behind.
  • #16,256
  • Aug 27, 2007 5:15pm Aug 27, 2007 5:15pm
Quoting gagiul
my god, since when are u giving advices to people to trade just because you feel so???? your nickname describes you exactly.
Strange isn't it? I don't doubt Karmos's Longs. he will know how to make profits even if the market goes against him. But a newbie who doesn't know what to do can watch their account getting burnt if the market goes against them.
  • #16,257
  • Aug 27, 2007 5:16pm Aug 27, 2007 5:16pm
Well, I'll have to call it a night there. The butterfly is playing out nicely.

Currently around 200+ pips profit (on my average 234.70) with a target of around 230.00 so looking for close to 500 pips. Stops set, profit orders in and a good night (or day) to you all.

Z

PS. Was it chaos theory that stated the flapping of a butterfly's wings can cause a hurricane?
  • #16,258
  • Aug 27, 2007 5:16pm Aug 27, 2007 5:16pm
I know many, including Karmo is using MT4 . . . How do I post chart/snapshot in MT4????
Thanks
  • #16,259
  • Aug 27, 2007 5:17pm Aug 27, 2007 5:17pm
Quoting Zoran
Well, I'll have to call it a night there. The butterfly is playing out nicely.

Currently around 200+ pips profit (on my average 234.70) with a target of around 230.00 so looking for close to 500 pips. Stops set, profit orders in and a good night (or day) to you all.

Z

PS. Was it chaos theory that stated the flapping of a butterfly's wings can cause a hurricane?
butterfly effect
  • #16,260
  • Aug 27, 2007 5:18pm Aug 27, 2007 5:18pm
Quoting LuckyLooser
Guys if you haven't gone long already this dip is perfect. Jump on the boat I am more than sure that even if this pair goes down another 200 pips, it will be 500 up to 238 by the end of next week. I don't know why I have this strange feeling.
In this game, that's what we call gambling
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