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

  • #21,041
  • Sep 4, 2007 7:23am Sep 4, 2007 7:23am
It is testing the 4 hr trend line. A bit wary at the moment.
  • #21,042
  • Sep 4, 2007 7:23am Sep 4, 2007 7:23am
It should head toward 231.67 where is the support and entrance of the kumo.
COT: The precious data ignored
  • #21,043
  • Sep 4, 2007 7:24am Sep 4, 2007 7:24am
Quoting jay9170
First stop 231.44 the 38.2 fib, then 226.80 the 23.6 fib.
I LIKE the way you think...lol now just tell the market to hurry up about it..
  • #21,044
  • Sep 4, 2007 7:25am Sep 4, 2007 7:25am
Quoting bill77
congrats mike your 232.05 t/p fortune favours the brave
Yep, finally got there. Luck was with me on that one.

Mike
  • #21,045
  • Sep 4, 2007 7:25am Sep 4, 2007 7:25am
Quoting kevinsw
I LIKE the way you think...lol now just tell the market to hurry up about it..
hahaa.. when is your bed time again Kevin? http://www.forexfactory.com/images/icons/icon10.gif
  • #21,046
  • Sep 4, 2007 7:26am Sep 4, 2007 7:26am
the dollar movements make me think we are going to have a very interesting day in the US stock markets.
  • #21,047
  • Sep 4, 2007 7:30am Sep 4, 2007 7:30am
Quoting mktjong
hahaa.. when is your bed time again Kevin? http://www.forexfactory.com/images/icons/icon10.gif
LOL... You will know it when the market starts to move again... But people CAN bribe me to go to bed early with pips?..
  • #21,048
  • Sep 4, 2007 7:38am Sep 4, 2007 7:38am
Has Aus Put Out Targets On Shorts Can't Find Any But In Short Fron 232.57
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  • #21,049
  • Sep 4, 2007 7:46am Sep 4, 2007 7:46am
Quoting Saintjay
Has Aus Put Out Targets On Shorts Can't Find Any But In Short Fron 232.57
What made you short from there?
  • #21,050
  • Sep 4, 2007 7:50am Sep 4, 2007 7:50am
Quoting MikeW
What made you short from there?
DIRECTIONAL MANAGEMENT ALL MY LONGER TERM CHARTS ARE DOWN AND SO TAKE TRADES INTO THE WEAKNESS OF THE TREND ON SMALLER CHARTS!!!! oUT NOW AT 16.
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  • #21,051
  • Sep 4, 2007 7:51am Sep 4, 2007 7:51am
We should get better sense of direction after the US
data is released in a little over an hour.
  • #21,052
  • Sep 4, 2007 7:51am Sep 4, 2007 7:51am
why the hack cant this pair stay below 232???

cable is down fast but usdjpy is dragging the geppy higher i suppose.
give me my pips back...
  • #21,053
  • Sep 4, 2007 7:53am Sep 4, 2007 7:53am
Open Trades Into Weakness And Close Trades Into Strength. I Also Trade In Thirds With A Method Called "the Inventory Method" Long Time Stock Trader Taught Me!!!
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  • #21,054
  • Sep 4, 2007 7:56am Sep 4, 2007 7:56am
Keeps Me Taking Profit All The Time....where Did Aus And The Gang Go????
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  • #21,055
  • Sep 4, 2007 8:01am Sep 4, 2007 8:01am
I tell you what Sep is a SHORT month (based on history)...baby

just like i said 2 months ago about the month of Aug being a short month too...

Trade well...baby...keep it going......
  • #21,056
  • Sep 4, 2007 8:02am Sep 4, 2007 8:02am
Quoting Saintjay
Open Trades Into Weakness And Close Trades Into Strength. I Also Trade In Thirds With A Method Called "the Inventory Method" Long Time Stock Trader Taught Me!!!
Excuse me ..for me your language is a bit colorful. Sounds to me like you are a commercial trader "alwasy buy high and sell low". I definitely can't afford that strategy.

If you don't mind to clarify it further. Thanks.
  • #21,057
  • Sep 4, 2007 8:06am Sep 4, 2007 8:06am
Quoting Saintjay
DIRECTIONAL MANAGEMENT ALL MY LONGER TERM CHARTS ARE DOWN AND SO TAKE TRADES INTO THE WEAKNESS OF THE TREND ON SMALLER CHARTS!!!! oUT NOW AT 16.
I agree the 4H and D are down, but there are some support areas at the current price area that have to be taken into account. Personally I wouldn't take a short here but would wait for the price to close convincingly below these levels.

Mike
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  • #21,058
  • Sep 4, 2007 8:10am Sep 4, 2007 8:10am
Quoting Saintjay
I Also Trade In Thirds With A Method Called "the Inventory Method" Long Time Stock Trader Taught Me!!!
Do share!
  • #21,059
  • Sep 4, 2007 8:11am Sep 4, 2007 8:11am
Quoting Big Bruv
I tell you what Sep is a SHORT month (based on history)...baby

just like i said 2 months ago about the month of Aug being a short month too...

Trade well...baby...keep it going......
Huh?
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  • #21,060
  • Sep 4, 2007 8:22am Sep 4, 2007 8:22am
Quoting rodders
Do share!

pls post details of ur strategy, thanks in advance
THE TREND IS UR FRIEND
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