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

  • #22,961
  • Sep 7, 2007 8:39am Sep 7, 2007 8:39am
Quoting jarroo
Just make sure you lock-in some green pips. youl'll have a better weekend .
trust me on that.

jim
yes, Jim, will check 1 hr before US close and lock in pips , left TP open, SL is 232.35
  • #22,962
  • Sep 7, 2007 8:39am Sep 7, 2007 8:39am
My Daily Gann line just flipped up. I know it's not locked in but it's still a good sign. Not sure what kind of retrace we'll get but the top of the hour will reveal more. First short taken at 231.97 on break of 30M QQE. Second short taken at 231.54 on 5M 5SMA retrace. In for the long haul on this one.

M2B
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy daily.gif Size: 21 KB
  • #22,963
  • Sep 7, 2007 8:41am Sep 7, 2007 8:41am
Quoting karmostaji
definitely.. always lock in green pips, you don't want a winner turning into a loser, that feeling is horrible..


Jim
Indicators show the past. Price Action "Indicates" the future.
  • #22,964
  • Sep 7, 2007 8:42am Sep 7, 2007 8:42am
just out of curiosity--is anyone long?
  • #22,965
  • Sep 7, 2007 8:42am Sep 7, 2007 8:42am


anything below 232 was a shootdown in my option



Quoting karmostaji
you have a new candidate lol
  • #22,966
  • Sep 7, 2007 8:42am Sep 7, 2007 8:42am
Quoting Hakuna Matata
just out of curiosity--is anyone long?
Zoran is targetting 238 LOL jk
Trade what you see, not what you think.
  • #22,967
  • Sep 7, 2007 8:43am Sep 7, 2007 8:43am
Quoting intelmaster


anything below 232 was a shootdown in my option
P - A - T - I - E - N - C - E

the train will not leave without you, we need all 200+ members on this thread to be on the train..
Trade what you see, not what you think.
  • #22,968
  • Sep 7, 2007 8:43am Sep 7, 2007 8:43am
we may see 229 or lower today itself if DOW crashes more then 300 points, u/jpy is hanging on to support at 113.70 , if that goes next stop is 112.46
  • #22,969
  • Sep 7, 2007 8:44am Sep 7, 2007 8:44am
I missed the train again. What will be the good entry point now?
  • #22,970
  • Sep 7, 2007 8:47am Sep 7, 2007 8:47am
Quoting imransait
yes, Jim, will check 1 hr before US close and lock in pips , left TP open, SL is 232.35
Good plan. You want to give your profits a chance run, run run. If your analysis looks right and you have locked in some green pips, as karmo says, your in a free trade. let those profits run.

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #22,971
  • Sep 7, 2007 8:47am Sep 7, 2007 8:47am
Quoting gau2902
I missed the train again. What will be the good entry point now?


You haven't missed anything!

Look for retract.. 30m,.. 1hr..
  • #22,972
  • Sep 7, 2007 8:47am Sep 7, 2007 8:47am
Quoting gau2902
I missed the train again. What will be the good entry point now?
15min 5sma
  • #22,973
  • Sep 7, 2007 8:47am Sep 7, 2007 8:47am
We mostly would see a slight retracement just for a little while 'coz this powerful formula AB=CD just achieved. But we may not either. I closed mine @232 for 190 pips .. yeah ..
Will reload short definitely for 1000 pips goal http://www.forexfactory.com/images/icons/icon10.gif
  • #22,974
  • Sep 7, 2007 8:50am Sep 7, 2007 8:50am
i don't have my charts rite now, can some1 point out
15min 5sma,30min 5sma, 1hr 5sma?
  • #22,975
  • Sep 7, 2007 8:51am Sep 7, 2007 8:51am
Treasury secretary Paulson on bloomberg tv states that he's confident in resilient economy and that the jobs data 'wasn't a surprise' Wonder if markets are going to believe his bull.. I say no.
  • #22,976
  • Sep 7, 2007 8:52am Sep 7, 2007 8:52am
The most interesting thing about the employment report is that they added 120,000 jobs using the birth/death model. Even the government admits that the BD model overestimates jobs during poor growth periods.

The US lost a LOT of jobs.
  • #22,977
  • Sep 7, 2007 8:53am Sep 7, 2007 8:53am
Wonder who is propping up the stock market, and when they will stop.
  • #22,978
  • Sep 7, 2007 8:53am Sep 7, 2007 8:53am
Quoting mktjong
We mostly would see a slight retracement just for a little while 'coz this powerful formula AB=CD just achieved. But we may not either. I closed mine @232 for 190 pips .. yeah ..
Will reload short definitely for 1000 pips goal http://www.forexfactory.com/images/icons/icon10.gif

I meant closed @ 231.
  • #22,979
  • Sep 7, 2007 8:53am Sep 7, 2007 8:53am
Quoting gau2902
i don't have my charts rite now, can some1 point out
15min 5sma,30min 5sma, 1hr 5sma?
IF you don't have your charts open you shouldnt be trying to trade. It's like trying to walk without legs.
  • #22,980
  • Sep 7, 2007 8:55am Sep 7, 2007 8:55am
Quoting markam
Wonder who is propping up the stock market, and when they will stop.
DOW needs to close below 13,210 for GJ to fall more
Trade what you see, not what you think.
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