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

  • #22,941
  • Sep 7, 2007 8:26am Sep 7, 2007 8:26am
Quoting Hakuna Matata
couldnt resist
Well, we won't see a 30% drop or whatever it was that day. We could see 500 points down today. That would make me happy, because it would break us out of that stupid 13000-13400 range on the dow.
  • #22,942
  • Sep 7, 2007 8:27am Sep 7, 2007 8:27am
wait before you go short. The price is bouncing back from the Daily Gann.. There will be a 30min or 1hr retraco. can get a better price
  • #22,943
  • Sep 7, 2007 8:27am Sep 7, 2007 8:27am
short from 231.80 , TP is 229.43 SL is 232.35
i am done for the week, see u guys next week
it was fun today
  • #22,944
  • Sep 7, 2007 8:28am Sep 7, 2007 8:28am
Quoting auslanco
wait before you go short. The price is bouncing back from the Daily Gann.. There will be a 30min or 1hr retraco. can get a better price
that will be the time to reload and go full throttle
Trade what you see, not what you think.
  • #22,945
  • Sep 7, 2007 8:28am Sep 7, 2007 8:28am
Cripes! I need an aspirin! It may well be that the Fed will cut before the FOMC meeting on 9/18

SHORT GUPPY! . . . LONG CABLE!
  • #22,946
  • Sep 7, 2007 8:28am Sep 7, 2007 8:28am
I'm short at 231.36...maybe too soon
  • #22,947
  • Sep 7, 2007 8:30am Sep 7, 2007 8:30am
Quoting auslanco
wait before you go short. The price is bouncing back from the Daily Gann.. There will be a 30min or 1hr retraco. can get a better price
Thanks Aus!
  • #22,948
  • Sep 7, 2007 8:31am Sep 7, 2007 8:31am
ive shorted 0.2 standard lots at 231.40 for charity purposes
t/p-- 1000 pips
s/l 250 pips

the money if hits t/p will be donated to a charity

just thought ill make it interesting for Markams train down south.
  • #22,949
  • Sep 7, 2007 8:31am Sep 7, 2007 8:31am
Quoting SailingAway
Cripes! I need an aspirin! It may well be that the Fed will cut before the FOMC meeting on 9/18

SHORT GUPPY! . . . LONG CABLE!
I don't think they can. that would be a real panic signal.
  • #22,950
  • Sep 7, 2007 8:32am Sep 7, 2007 8:32am
Grabbed more torpedos at 231.40'

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #22,951
  • Sep 7, 2007 8:33am Sep 7, 2007 8:33am
no time to retrace because DOW said it wants to crash ;p
Trade what you see, not what you think.
  • #22,952
  • Sep 7, 2007 8:33am Sep 7, 2007 8:33am
it did a 15min 5sma retraco..

U still expect it to retrace?

its shooting down now..

Quoting auslanco
wait before you go short. The price is bouncing back from the Daily Gann.. There will be a 30min or 1hr retraco. can get a better price
  • #22,953
  • Sep 7, 2007 8:33am Sep 7, 2007 8:33am
if DOW goes below 13,000 , i will move my TP to 227 or maybe i am thinking of keeping a open TP and see how it develops over the weekend and next week, what u think AUS and KARMO
As i type this, already DOW is -150 points within 10 mins of open,
  • #22,954
  • Sep 7, 2007 8:34am Sep 7, 2007 8:34am
Quoting imransait
if DOW goes below 13,000 , i will move my TP to 227 or maybe i am thinking of keeping a open TP and see how it develops over the weekend and next week, what u think AUS and KARMO
for TP's, ask markam

I'll keep them till 220 or maybe lower, 1000+ pips
Trade what you see, not what you think.
  • #22,955
  • Sep 7, 2007 8:36am Sep 7, 2007 8:36am
whatever it closes today--i expect a further spike nxt week open
these kinda news sometimes need digestion over weekend
  • #22,956
  • Sep 7, 2007 8:36am Sep 7, 2007 8:36am
Quoting imransait
if DOW goes below 13,000 , i will move my TP to 227 or maybe i am thinking of keeping a open TP and see how it develops over the weekend and next week, what u think AUS and KARMO
Just make sure you lock-in some green pips. youl'll have a better weekend .
trust me on that.

jim
Indicators show the past. Price Action "Indicates" the future.
  • #22,957
  • Sep 7, 2007 8:37am Sep 7, 2007 8:37am
Quoting intelmaster
it did a 15min 5sma retraco..

U still expect it to retrace?

its shooting down now..

Bro.. you got to relax .. These are spikes.. best time to enter is when the price calms down.. This won't drop 1000 pips on this spike
  • #22,958
  • Sep 7, 2007 8:38am Sep 7, 2007 8:38am
Quoting jarroo
Just make sure you lock-in some green pips. youl'll have a better weekend .
trust me on that.

jim
definitely.. always lock in green pips, you don't want a winner turning into a loser, that feeling is horrible..
Trade what you see, not what you think.
  • #22,959
  • Sep 7, 2007 8:38am Sep 7, 2007 8:38am
i personally never leave position open over weekend
  • #22,960
  • Sep 7, 2007 8:38am Sep 7, 2007 8:38am
Quoting auslanco
Bro.. you got to relax .. These are spikes.. best time to enter is when the price calms down.. This won't drop 1000 pips on this spike
you have a new candidate lol
Trade what you see, not what you think.
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