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

  • #18,221
  • Aug 29, 2007 1:30pm Aug 29, 2007 1:30pm
Quoting markam
The whole friggin day was risky. I should have stayed in bed.
True , that's what i've stayed out of the market today
COT: The precious data ignored
  • #18,222
  • Aug 29, 2007 1:30pm Aug 29, 2007 1:30pm
Quoting markam
The whole friggin day was risky. I should have stayed in bed.
Dat true, Brother, dat true.

M2B
  • #18,223
  • Aug 29, 2007 1:31pm Aug 29, 2007 1:31pm
Quoting fourxtrader
Maybe good advise.... then again, very harsh words. Perhaps
spoken from one who never learned how to use the software.
Sadly, most buyer never do. Doesn't mean it doesn't work...
and for that matter, work well for many.

I get my data feed free.... have been for nearly 2 years.
Yes it was an investment and training and I feel it was
worthwhile and I still use it like a good set of chart indicators.

Make your own decisions.

Dr. D.


You call it harsh, I call it being realistic, it's my opinion, besides he asked for general advice, and that's what I gave.
Yes, I had that software for 12+ months, but at the end, decided it's not worth.
You get free data feed good for you, It's still working for you even better.
After it's all said and done, the one seeking advice will have to make his own decisions. Just like we all decide when to hit the open/close button to trade.

Auslanco, pardon the interuption and I'll leave it at that.
  • #18,224
  • Aug 29, 2007 1:31pm Aug 29, 2007 1:31pm
I have the weekly 5sma at 234.56....can anyone else confirm this?
  • #18,225
  • Aug 29, 2007 1:35pm Aug 29, 2007 1:35pm
the bulls got their 13200 on the dow. they are liable to get 13300 by market close
  • #18,226
  • Aug 29, 2007 1:36pm Aug 29, 2007 1:36pm
Quoting kuroro001
True , that's what i've stayed out of the market today

yup! no sense chasing trades guys. the real goal should be protecting your account balance. so if you start and end the day with the same amount you've had a great and successful day!
  • #18,227
  • Aug 29, 2007 1:37pm Aug 29, 2007 1:37pm
Quoting AWG
I have the weekly 5sma at 234.56....can anyone else confirm this?
It's there,indeed but we've already touched that 2 days ago
Vivere pericolosamente...
  • #18,228
  • Aug 29, 2007 1:38pm Aug 29, 2007 1:38pm
Quoting lonespruce
yup! no sense chasing trades guys. the real goal should be protecting your account balance. so if you start and end the day with the same amount you've had a great and successful day!

And if you end your day with 0 bucks on you account ?
Would it make you happier?
COT: The precious data ignored
  • #18,229
  • Aug 29, 2007 1:38pm Aug 29, 2007 1:38pm
Quoting lonespruce
yup! no sense chasing trades guys. the real goal should be protecting your account balance. so if you start and end the day with the same amount you've had a great and successful day!
Then I have had a very unsuccessful day. I tried to predict market sentiment after the initial opening spike and I have gotten my clock cleaned.
  • #18,230
  • Aug 29, 2007 1:39pm Aug 29, 2007 1:39pm
Quoting AWG
I have the weekly 5sma at 234.56....can anyone else confirm this?
I have 234.90.
  • #18,231
  • Aug 29, 2007 1:42pm Aug 29, 2007 1:42pm
Quoting PTB
I have 234.90. I wonder if he meant 4 hr?
Me too, 234.91 right now
If you lose, I will grab your pips away
  • #18,232
  • Aug 29, 2007 1:43pm Aug 29, 2007 1:43pm
weekly sma 5 is 23435 on mine... go by which ever one you buy on.. differerent brokers have different feeds or something.. (i think it's all a conspiracy.. )
  • #18,233
  • Aug 29, 2007 1:44pm Aug 29, 2007 1:44pm
Quoting PTB
I have 234.90.
I also have 234.88
  • #18,234
  • Aug 29, 2007 1:47pm Aug 29, 2007 1:47pm
Quoting kuroro001
And if you end your day with 0 bucks on you account ?
Would it make you happier?

Well in that case - hopefully you started the day with 0 bucks . I hope you didn't think that I meant its better to not trade - I just meant go with the great trades - and forget the ones that you're chasing down.
  • #18,235
  • Aug 29, 2007 1:47pm Aug 29, 2007 1:47pm

I agree with that but keep in mind also,as we mentioned several times before,that the sma's are moving as long as the price moving.

This weekly 5sma (234.65) that I have on my platform will change and go higher as long as the price moves higher.

So,it's better to say 234.70 area and we all be happy

Vivere pericolosamente...
  • #18,236
  • Aug 29, 2007 1:48pm Aug 29, 2007 1:48pm
Current US 10 yrs treasuries is at 0.17 (positive) and will be closed in 10 minutes at 3:00PM EDT. Thus, if it stays positive, this pair is gonna up baby
Ready for long range rockets .. hehe
  • #18,237
  • Aug 29, 2007 1:50pm Aug 29, 2007 1:50pm
Shorting this badboy after swap if it doesnt break 4h 100ma
  • #18,238
  • Aug 29, 2007 1:51pm Aug 29, 2007 1:51pm
Quoting markam
Then I have had a very unsuccessful day. I tried to predict market sentiment after the initial opening spike and I have gotten my clock cleaned.

you know markam,

i used to have a system that was pretty good at predicting market exhaustion. the problem was that when it got it wrong - it got it really wrong! prediction i have found is a futile pursuit - maybe thats just me.

Anyhow - i don't want to make this thread too dirty. make sure you keep hard "disaster" stops at all times... just my 2 cents.
  • #18,239
  • Edited 2:02pm Aug 29, 2007 1:56pm | Edited 2:02pm
Markam,FWIW I did the same thing and lost my pants today(the price I paid for holding onto my shorts! lol). My shirt was gone last week. Pippo
Vincit qui se vincit.
  • #18,240
  • Aug 29, 2007 1:56pm Aug 29, 2007 1:56pm
The DOW is sweating to go through his resistance @ 13207.
By the way , i found it by using Ichimoku tech, the 'kijun' line is there, and is working as a resistance.

ps: i can't post picture of it cause of the bad quality of them , but if someone got a sweet program to make them clearer just send me a PM otherwise... get lost
COT: The precious data ignored
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