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

  • #19,701
  • Aug 31, 2007 5:19am Aug 31, 2007 5:19am
Quoting razergold
What is the TF should be used and any posts on how to read the signal?
I use 5 mins. This system does not belong to me...Im still testing it too....
  • #19,702
  • Aug 31, 2007 5:20am Aug 31, 2007 5:20am
Quoting karmostaji
you sure it's not 334 buddy? lol jk

Lets go to my first TP before retracement, cmon GJ!

hahaha i wish :
  • #19,703
  • Aug 31, 2007 5:22am Aug 31, 2007 5:22am
Daily 50% fib @ 235.20

Let's hope it breaks it
Trade what you see, not what you think.
  • #19,704
  • Aug 31, 2007 5:26am Aug 31, 2007 5:26am
Quoting Steve@London



[left]

...





Jeeeeeez ... I would not have closed that long for all the money in the world unless there was a really, really good reason for it!



why not bank the profit and reopen on a retrace? as long as it retraces more than the spread you are no worse off...

why hold on and watch the value drop when you can get out and catch a better price..

i'm not being critical.. or trying to be a smart arse.. there may be a reason i don't understand for hanging on to a trade.. i hate seeing my money ticking down so I buy on support / sell on resistance and don't let the market take back my money..

i do agree, however, don't close it unless it has hit a significant resistance.. (which I think we have hit at the moment...)
  • #19,705
  • Aug 31, 2007 5:27am Aug 31, 2007 5:27am
Quoting karmostaji
Daily 50% fib @ 235.20

Let's hope it breaks it
haha i already placed my short, so lets hope not :

or else i'll be shoting myself in the foot ahaha
  • #19,706
  • Aug 31, 2007 5:28am Aug 31, 2007 5:28am
  •  vrama
  • | Joined Dec 2006 | Status: BE at right place@right time = LUCK | 210 Posts
Quoting karmostaji
Daily 50% fib @ 235.20

Let's hope it breaks it
Karmo and Aus thank you guys, made my 200pips. Going to sleep... and goto work...
Thanks again... to all..
All things are difficult before they are easy.
  • #19,707
  • Aug 31, 2007 5:31am Aug 31, 2007 5:31am
30m 5SMA retrace possible
Trade what you see, not what you think.
  • #19,708
  • Aug 31, 2007 5:36am Aug 31, 2007 5:36am
DOW FUTURES +117. I reckon a good 200 pip surge up by 3pm then I'll set up fib chart for retracement levels
  • #19,709
  • Aug 31, 2007 5:41am Aug 31, 2007 5:41am
Quoting karmostaji
30m 5SMA retrace possible
okay bro i'm happy with a 40 pip retracement you call the next shot
  • #19,710
  • Aug 31, 2007 5:42am Aug 31, 2007 5:42am
Quoting egutie6970
okay bro i'm happy with a 40 pip retracement you call the next shot
ok we go up now retest 235.20
Trade what you see, not what you think.
  • #19,711
  • Aug 31, 2007 5:43am Aug 31, 2007 5:43am
Quoting mjolimer
why not bank the profit and reopen on a retrace? as long as it retraces more than the spread you are no worse off...

why hold on and watch the value drop when you can get out and catch a better price..

i'm not being critical.. or trying to be a smart arse.. there may be a reason i don't understand for hanging on to a trade.. i hate seeing my money ticking down so I buy on support / sell on resistance and don't let the market take back my money..

i do agree, however, don't close it unless it has hit a significant resistance.. (which I think we have hit at the moment...)
Yeah...I think the same way. I am waiting for a dip and I am not playing on Fridays

I dont know now ... for the long term I am sure it will break 251 by the end of the year, if not 260. Monday, if the market does not open 80 pips up which is very possible, I buy dips. Since August is over we can all take advantage of the situation and make goood long profits.
  • #19,712
  • Aug 31, 2007 5:46am Aug 31, 2007 5:46am
Quoting karmostaji
ok we go up now retest 235.20
you know, this damn pair should shot up any minute... its on the lower trendline of a channel i have drawn... it has been their for hours...it needs to get its act together and go to 240

bro, unleash a few rockets with your mega size account to get it moving lol
  • #19,713
  • Aug 31, 2007 5:47am Aug 31, 2007 5:47am
Quoting egutie6970
you know, this damn pair should shot up any minute... its on the lower trendline of a channel i have drawn... it has been their for hours...it needs to get its act together and go to 240

bro, unleash a few rockets with your mega size account to get it moving lol
It will go up mate.. just waiting for some news at US session to confirm it.. it needs massive fuel for its launch.
  • #19,714
  • Aug 31, 2007 5:47am Aug 31, 2007 5:47am
Quoting egutie6970
you know, this damn pair should shot up any minute... its on the lower trendline of a channel i have drawn... it has been their for hours...it needs to get its act together and go to 240

bro, unleash a few rockets with your mega size account to get it moving lol
Look at your chart, with your predictions we might suddenly see 334 within seconds LOL
Trade what you see, not what you think.
  • #19,715
  • Aug 31, 2007 5:49am Aug 31, 2007 5:49am
Quoting karmostaji
ok we go up now retest 235.20
that took 5 mins, testing fibo line again
Trade what you see, not what you think.
  • #19,716
  • Aug 31, 2007 5:49am Aug 31, 2007 5:49am
i love retracements
  • #19,717
  • Aug 31, 2007 5:49am Aug 31, 2007 5:49am
Quoting Hakuna Matata
i love retracements
Me too! That's where I make the most pips lol
  • #19,718
  • Aug 31, 2007 5:49am Aug 31, 2007 5:49am
Quoting karmostaji
Look at your chart, with your predictions we might suddenly see 334 within seconds LOL
damn i'm curse with that typo forever with you...
  • #19,719
  • Aug 31, 2007 5:50am Aug 31, 2007 5:50am
5 min big bullish engulfin mother candle
  • #19,720
  • Aug 31, 2007 5:51am Aug 31, 2007 5:51am
Quoting VishalJ
It will go up mate.. just waiting for some news at US session to confirm it.. it needs massive fuel for its launch.
I have a bad history with the yanks on fridays.., i'll let you guys guide me on this one
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