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

  • #16,761
  • Aug 28, 2007 8:06am Aug 28, 2007 8:06am
should have loaded up more, but Karmo scared me just a little bit.
  • #16,762
  • Aug 28, 2007 8:06am Aug 28, 2007 8:06am
Quoting keramikus
Hey, I am the OTHER guy.
sorry bro .. Long name
  • #16,763
  • Aug 28, 2007 8:07am Aug 28, 2007 8:07am
Quoting auslanco
LOL... it's funny .. when the price was climbing up .. only my self , Lincoln, Zoran, Markam and another guy was short.. Now all of a sudden every one is short LOL
A good lesson to be learnt
Regards
  • #16,764
  • Aug 28, 2007 8:07am Aug 28, 2007 8:07am
I'm the lonely bull in the wild
Trade what you see, not what you think.
  • #16,765
  • Aug 28, 2007 8:07am Aug 28, 2007 8:07am
guys 231.30 is VERY crucial... lets watch it out.
give me my pips back...
  • #16,766
  • Aug 28, 2007 8:09am Aug 28, 2007 8:09am
Quoting mktjong
Hi HM,

Go to bloomberg, and type quote "^tnx" (no quote).
Get a live streaming data free at www.advfn.com

ty markam/mktjong
  • #16,767
  • Aug 28, 2007 8:09am Aug 28, 2007 8:09am
All newbies.. Please memorize this.. This will keep you away from lots of bad trades in the future..

4hr trend is bearish.. This upward movement is just 4hr and daily 5sma retracement. People seem to be still confused how to spot retracemnt and a trend. when the pair is on a trending rally and suddenly come to a unbreakable support or resistance it retraces back to 4hr or daily to collect more fire power and retest that support. Most often .. on the second attempt it breaks the support or resistance. it's simple as that. unlesss you understand this very simple theory.. you never can make consistent money on forex.
  • #16,768
  • Aug 28, 2007 8:10am Aug 28, 2007 8:10am
If it breaks below 231, I'm gonna really throw in big bears. Roar!
  • #16,769
  • Aug 28, 2007 8:10am Aug 28, 2007 8:10am
Quoting karmostaji
I'm the lonely bull in the wild
you're not lonely... yet. I will close my positions if it breaks 231.29
If you lose, I will grab your pips away
  • #16,770
  • Aug 28, 2007 8:11am Aug 28, 2007 8:11am
Quoting Lincoln_10
guys 231.30 is VERY crucial... lets watch it out.

the pair has already retraced to daily 5 sma.. and now it's fresh. as soon as the 1hr QQE cross down.. it will break that support easy
  • #16,771
  • Aug 28, 2007 8:12am Aug 28, 2007 8:12am
Quoting hodoman
you're not lonely... yet. I will close my positions if it breaks 231.29
I've got my SL just below it too, once hourly candle closes below these fibs etc.. then I'll short
Trade what you see, not what you think.
  • #16,772
  • Aug 28, 2007 8:12am Aug 28, 2007 8:12am
Quoting auslanco
the pair has already retraced to daily 5 sma.. and now it's fresh. as soon as the 1hr QQE cross down.. it will break that support easy

i have faith...

May the fall of Dow be with us...
give me my pips back...
  • #16,773
  • Aug 28, 2007 8:14am Aug 28, 2007 8:14am
FTSE has been moving down steadily since it opened, and is still moving down. Good sign for the dow to do the same (except the dow won't be as nice and polite as the british market).
  • #16,774
  • Aug 28, 2007 8:14am Aug 28, 2007 8:14am
Quoting auslanco
All newbies.. Please memorize this.. This will keep you away from lots of bad trades in the future..

4hr trend is bearish.. This upward movement is just 4hr and daily 5sma retracement. People seem to be still confused how to spot retracemnt and a trend. when the pair is on a trending rally and suddenly come to a unbreakable support or resistance it retraces back to 4hr or daily to collect more fire power and retest that support. Most often .. on the second attempt it breaks the support or resistance. it's simple as that. unlesss you understand this very simple theory.. you never can make consistent money on forex.
Thank you for sharing your wisdom and experience. I would just add that usdjpy has to break 38.2 fib at 115.00 in order to push gbpjpy down.
  • #16,775
  • Aug 28, 2007 8:16am Aug 28, 2007 8:16am
how would the Consumer Confidence affect the beast? which number would be good for bears and which for bulls?
a bad number would take DOW down therefore the beast would also fall am i right?
give me my pips back...
  • #16,776
  • Aug 28, 2007 8:17am Aug 28, 2007 8:17am
Quoting karmostaji
I'm the lonely bull in the wild
Long here also....wheres your SL Karm?
  • #16,777
  • Aug 28, 2007 8:18am Aug 28, 2007 8:18am
30 min crossed down and confirmed
Attached Image (click to enlarge)
Click to Enlarge Name: 231.jpg Size: 82 KB
  • #16,778
  • Aug 28, 2007 8:18am Aug 28, 2007 8:18am
Quoting Lincoln_10
how would the Consumer Confidence affect the beast? which number would be good for bears and which for bulls?
a bad number would take DOW down therefore the beast would also fall am i right?
Unless it is off-the-charts positive, it should have very little impact.
  • #16,779
  • Aug 28, 2007 8:19am Aug 28, 2007 8:19am
Quoting auslanco
All newbies.. Please memorize this.. This will keep you away from lots of bad trades in the future..

4hr trend is bearish.. This upward movement is just 4hr and daily 5sma retracement. People seem to be still confused how to spot retracemnt and a trend. when the pair is on a trending rally and suddenly come to a unbreakable support or resistance it retraces back to 4hr or daily to collect more fire power and retest that support. Most often .. on the second attempt it breaks the support or resistance. it's simple as that. unlesss you understand this very simple theory.. you never can make consistent money on forex.
thank you for the continued education,we appreciate all you do.
  • #16,780
  • Aug 28, 2007 8:20am Aug 28, 2007 8:20am
Quoting Timingy
Long here also....wheres your SL Karm?
231.15
Trade what you see, not what you think.
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