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

  • #18,221
  • Aug 29, 2007 11:30am Aug 29, 2007 11:30am
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 11:30am Aug 29, 2007 11:30am
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 11:31am Aug 29, 2007 11:31am
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 11:31am Aug 29, 2007 11:31am
I have the weekly 5sma at 234.56....can anyone else confirm this?
  • #18,225
  • Aug 29, 2007 11:35am Aug 29, 2007 11:35am
the bulls got their 13200 on the dow. they are liable to get 13300 by market close
  • #18,226
  • Aug 29, 2007 11:36am Aug 29, 2007 11:36am
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 11:37am Aug 29, 2007 11:37am
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 11:38am Aug 29, 2007 11:38am
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 11:38am Aug 29, 2007 11:38am
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 11:39am Aug 29, 2007 11:39am
Quoting AWG
I have the weekly 5sma at 234.56....can anyone else confirm this?
I have 234.90.
  • #18,231
  • Aug 29, 2007 11:42am Aug 29, 2007 11:42am
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 11:43am Aug 29, 2007 11:43am
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 11:44am Aug 29, 2007 11:44am
Quoting PTB
I have 234.90.
I also have 234.88
  • #18,234
  • Aug 29, 2007 11:47am Aug 29, 2007 11:47am
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 11:47am Aug 29, 2007 11:47am

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 11:48am Aug 29, 2007 11:48am
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 11:50am Aug 29, 2007 11:50am
Shorting this badboy after swap if it doesnt break 4h 100ma
  • #18,238
  • Aug 29, 2007 11:51am Aug 29, 2007 11:51am
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 12:02pm Aug 29, 2007 11:56am | Edited 12:02pm
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 11:56am Aug 29, 2007 11:56am
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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