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

  • #17,161
  • Aug 28, 2007 3:27pm Aug 28, 2007 3:27pm
You guys are crazy , you like to fight against the trend
COT: The precious data ignored
  • #17,162
  • Aug 28, 2007 3:27pm Aug 28, 2007 3:27pm
Quoting bmwboyee
added a rocket at .67
and my last rocket. i am finished buying, someone take my finger off the buy button again!
  • #17,163
  • Aug 28, 2007 3:27pm Aug 28, 2007 3:27pm
Quoting bmwboyee
added a rocket at .67
is this for a the retrace or is this a long term trade?
  • #17,164
  • Aug 28, 2007 3:28pm Aug 28, 2007 3:28pm
Quoting kuroro001
You guys are crazy , you like to fight against the trend
exactly
  • #17,165
  • Aug 28, 2007 3:28pm Aug 28, 2007 3:28pm
Quoting markam
I just went long, so if it goes down more, they have fooled me.
It never ceases to irk me how hard it is to make a few pips, but how easy it is to lose a bunch of them. Closed out my long with -20 loss. Before the Dow closed, this thing was itching to go up. Then when the closing bell rang, not so fast, buster. Grrrr!
_______________ Here 2 Learn
  • #17,166
  • Aug 28, 2007 3:28pm Aug 28, 2007 3:28pm
Quoting markam
Once again, instead of $650/ounce, if gold was $6500/ounce, or $65,000/ounce, there would be more than enough gold to back the money supplies. The price of gold in dollars is meaningless. the point is to have a currency backed by a fixed commodity that cannot be increased exponentially at the whim of the government.

I think it easier to change the currency to a global one, out of the hands of the politicians.
  • #17,167
  • Aug 28, 2007 3:28pm Aug 28, 2007 3:28pm
Quoting kuroro001
You guys are crazy , you like to fight against the trend
you call it fighting the trend while others call it trading.
"Only when the tide goes out will we know who is swimming naked."
  • #17,168
  • Aug 28, 2007 3:29pm Aug 28, 2007 3:29pm
on 8/17 to 8/23 we had witnessed a retrace to the 50% FIB from the 8/8 high at the cluster which was in the neighborhood of 117.00-117.20. My fibs are redrawn to reflect the continuos downtrend, based on a small to medium measured move. Right now we have touched, broken through slightly the 50% FIB of C-D leg on the US/JY pair. Re-examine my friend....which is njow approaching the 61% FIB or 113.75. I use even numbers for targets.
  • #17,169
  • Aug 28, 2007 3:29pm Aug 28, 2007 3:29pm
guys don't expect the asian session to give u enough push up, so just wait this 30 minutes and decide for ur longs!!
  • #17,170
  • Aug 28, 2007 3:29pm Aug 28, 2007 3:29pm
Quoting kuroro001
You guys are crazy , you like to fight against the trend
in this scenario... I enter progressively... with very tiny lots at the beginning...
  • #17,171
  • Aug 28, 2007 3:30pm Aug 28, 2007 3:30pm
Quoting Abacus
It never ceases to irk me how hard it is to make a few pips, but how easy it is to lose a bunch of them. Closed out my long with -20 loss. Before the Dow closed, this thing was itching to go up. Then when the closing bell rang, not so fast, buster. Grrrr!

I will let my long run. I expect a retrace to the 4-hr 5sma, probably before the asian markets open.
  • #17,172
  • Aug 28, 2007 3:32pm Aug 28, 2007 3:32pm
Quoting markam
I will let my long run. I expect a retrace to the 4-hr 5sma, probably before the asian markets open.
I'm with you.

1 rocket green.
  • #17,173
  • Aug 28, 2007 3:33pm Aug 28, 2007 3:33pm
high in the cluster 0f 119.82, sorry cant type fast and trade at the same time.
  • #17,174
  • Aug 28, 2007 3:33pm Aug 28, 2007 3:33pm
2 rockets green.
  • #17,175
  • Aug 28, 2007 3:34pm Aug 28, 2007 3:34pm
It seems the 30mn 5sma retracement is in progress
COT: The precious data ignored
  • #17,176
  • Aug 28, 2007 3:36pm Aug 28, 2007 3:36pm
Quoting markam
I will let my long run. I expect a retrace to the 4-hr 5sma, probably before the asian markets open.

Looks like your confidence wins, Markam.
_______________ Here 2 Learn
  • #17,177
  • Aug 28, 2007 3:36pm Aug 28, 2007 3:36pm
Quoting pipped oFF
you call it fighting the trend while others call it trading.
closed my long for +30
  • #17,178
  • Aug 28, 2007 3:38pm Aug 28, 2007 3:38pm
your right !, needs to breathe....that was a good 90 pip run ! lets see how much of a retraco it does....30min 5sma sounds good.
  • #17,179
  • Aug 28, 2007 3:42pm Aug 28, 2007 3:42pm
Is anyone else seeing a big support around 228.40?
  • #17,180
  • Aug 28, 2007 3:45pm Aug 28, 2007 3:45pm
yo markam. i hope that's not one of ur "Screw-it!" trades... i guess gubby was satisfied in retracing to he 15m 5sma
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