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

  • #17,721
  • Aug 29, 2007 2:11am Aug 29, 2007 2:11am
Quoting Pips_Cruiser
Most pairs will head back up now.
Unless I'm wrong. LOL
  • #17,722
  • Aug 29, 2007 2:11am Aug 29, 2007 2:11am
I agreed with you ....big drop and Wave C with power of Tsunami will come... target below then 219.00

Refer to debtfreedom Chart

http://www.forexfactory.com/showthre...16691&page=888

Quoting Hakuna Matata
forget the crosses--i say--this is goin down with g/u too
  • #17,723
  • Aug 29, 2007 2:12am Aug 29, 2007 2:12am
Question to Aus, what is the meaning of "Trailling stop: first 100 pips"? sorry for the very basic question but... I'm still newbie. thnx
  • #17,724
  • Aug 29, 2007 2:12am Aug 29, 2007 2:12am
Quoting auslanco
Bro... There is a big difference between getting ready and actually crossed down & confirmed.. Getting ready doesn't mean much at all..It's just a feel good statement.. No technical value to it

So I should have said that I'm waiting for the 30 min to cross down, that way I'm not sending false signals???

Thanks Aus,

Brandon
  • #17,725
  • Aug 29, 2007 2:13am Aug 29, 2007 2:13am
Quoting Hakuna Matata
nah bro--Aus is bearish too--i think he was just aiming to make pips on some retracement--i think !

trend is bear.. but I'm catching the retraco to daily 5 sma. I expect my long targets by NY start. I think mid NY will shoot down the price to new lows like we saw yesterday.
  • #17,726
  • Aug 29, 2007 2:14am Aug 29, 2007 2:14am
Quoting auslanco
trend is bear.. but I'm catching the retraco to daily 5 sma. I expect my long targets by NY start. I think mid NY will shoot down the price to new lows like we saw yesterday.


Think I might have to stay up late tonight.. (aussie time) .. I missed a lot of the action last night after 4am!
  • #17,727
  • Aug 29, 2007 2:15am Aug 29, 2007 2:15am
Quoting auslanco
Bro... There is a big difference between getting ready and actually crossed down & confirmed.. Getting ready doesn't mean much at all..It's just a feel good statement.. No technical value to it
i see that it is a 'fake' moves that its dropping now,i think it will retrace back 1st,before heading down BIG time,what do u think aus?
  • #17,728
  • Aug 29, 2007 2:16am Aug 29, 2007 2:16am
Quoting JDAMv3
So I should have said that I'm waiting for the 2H to cross down for confirmation, that way I'm not sending false signals???

Thanks Aus,

Brandon

correct.. You and I know the difference.. But there are many new people coming to this thread everyday.. who hasn't even heard about QQE. they don't know how to interpret some posts and get panicked
  • #17,729
  • Aug 29, 2007 2:17am Aug 29, 2007 2:17am
Quoting fxnewbie 71
i see that it is a 'fake' moves that its dropping now,i think it will retrace back 1st,before heading down BIG time,what do u think aus?

Please refer to #17741
  • #17,730
  • Aug 29, 2007 2:18am Aug 29, 2007 2:18am
What's going on?

  1. 7th of August FOMC Minutes showed continued concern over inflation but a growing recognicition of subprime mortgage problems. Additionally, the Fed was cutting its growth forecasts for productivity and potential GDP growth.
  2. Stocks are falling across the board due to weak data: Both the Consumer Confidence and the Case-Shiller Housing Price Indices were weakening significantly. European stocks likely to continue the decline today.
  3. Carry Trades again getting hit with JPY strength and EM weakness.
  4. Sovereign Fixed Income strengthening and the spread trades are getting hit again. This might lead to continued weakness in the hedge fund industry. The worst is still to come.
  5. Market expect the Fed to cut rates to 5.00% at or before the 18th of September meeting.

What now....

Hello World
  • #17,731
  • Aug 29, 2007 2:21am Aug 29, 2007 2:21am
Quoting waf_1988
What's going on?What now....
Hey what happend to your bulls?? when the price broke out last night , you dissapeard bro.. Is everthing OK??
  • #17,732
  • Aug 29, 2007 2:23am Aug 29, 2007 2:23am
Another run to 5 MN EMA and 4HR 38.32 fib! (229.20 ish)
  • #17,733
  • Aug 29, 2007 2:24am Aug 29, 2007 2:24am
Quoting auslanco
Hey what happend to your bulls?? when the price broke out last night , you dissapeard bro.. Is everthing OK??
Luckily, I have moed my stop to +2pips from my open price, looking for strong bull. But, the market just moved the opposite and hit my S/L.

It's funny cause it's the market that triggered my order and then the market hit my S/L...What a trade....
Hello World
  • #17,734
  • Aug 29, 2007 2:28am Aug 29, 2007 2:28am
Quoting waf_1988
Luckily, I have moed my stop to +2pips from my open price, looking for strong bull. But, the market just moved the opposite and hit my S/L.

It's funny cause it's the market that triggered my order and then the market hit my S/L...What a trade....
Nice one WAF.. the market triggered your order and you were screaming
Long Long Long.
  • #17,735
  • Aug 29, 2007 2:29am Aug 29, 2007 2:29am
Smack . . . POW . . . Head butt . . . 5 MN 200EMA!
  • #17,736
  • Aug 29, 2007 2:29am Aug 29, 2007 2:29am
Quoting mamr
Question to Aus, what is the meaning of "Trailling stop: first 100 pips"? sorry for the very basic question but... I'm still newbie. thnx
that means when the price up +100pips I bring my SL to entry
  • #17,737
  • Aug 29, 2007 2:30am Aug 29, 2007 2:30am
Quoting auslanco
trend is bear.. but I'm catching the retraco to daily 5 sma. I expect my long targets by NY start. I think mid NY will shoot down the price to new lows like we saw yesterday.
oh my god! how did u even able to 'predict' the time to rise or drop auslanco??? u have a 'future' mirror to look at?? hahaha,u r good!
  • #17,738
  • Aug 29, 2007 2:30am Aug 29, 2007 2:30am
Up And Away!
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  • #17,739
  • Aug 29, 2007 2:35am Aug 29, 2007 2:35am
One thing the newbies will learn very quickly, there is an ALL STAR cast of badasses here. Aus, Karmo, M2B, Hakuna, I can't even name them all. This is a great place to be.
  • #17,740
  • Aug 29, 2007 2:36am Aug 29, 2007 2:36am
30 mins 5 sma retraco..before shooting up again
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