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

  • #24,961
  • Sep 11, 2007 6:15pm Sep 11, 2007 6:15pm
Did you close out your long with tp at 232.74 ish?

Quoting auslanco
30 min QQE5 is in extremley OB level.. this will go for a major retracement.. possibly down to 230.58 area
  • #24,962
  • Sep 11, 2007 6:15pm Sep 11, 2007 6:15pm
Quoting lilmoe
carefull longs, i think brok is right, however i really did overlook my own chart on m30
Yes, I closed my long as we approached that upper trendline. Now it can be tested again. If it breaks, then we are up to retest the 235 area (and then finally 238)
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  • #24,963
  • Sep 11, 2007 6:17pm Sep 11, 2007 6:17pm
Quoting Pips_Cruiser
I've heard that the ultimate trading state of mind is to be totally dispassionate. If you truly achieve this, then you execute your trading plan to the best of your ability, without caring about the results. In this case hope would be absent from the equation.

i'm not sure how to comment on this. but i would have to disagree. back in the good ole days, i was in school, graduated from school, went to college, graduated from college, went to grad school, graduated from there. 18 years of my life!!! why? to get a job

now why wont u do the same for this kind of job?? i wouldn't say u have to go through the entire 18 years, nor the 4 years of college. i think you should invest in lots of education, lots of training, lots of decipline. then and only then would u be able to feel confident about the way you trade. if it works great! but if it doesnt, then you shouldn't give up, just like the first job, it never works! it's always ur second job that u like

when u think u made lots of mistakes, you should go back to them, ask yourself what u did wrong, find patterns where ur strategy didn't work, avoid them in the future, and work your way untill u get the ultimate stategy. it wont be easy, at the same time, it shouldn't be hard. and don't worry, you're not alone, there's lots of people here to help u out! pick the best out of everyone's strategy and come up with your own.

i was a disaster in this, i most probably still am. there are lots of pros here id say, way better than me. i learn from most of them, get in arguments with a few whom i respect and all that to learn.

take your time, nothing happens in a day and a night.

you're probably way better than i am at this, but no one's perfect.

hope better trading for all!

cheers!
  • #24,964
  • Sep 11, 2007 6:18pm Sep 11, 2007 6:18pm
Quoting Zoran
Yes, I closed my long as we approached that upper trendline. Now it can be tested again. If it breaks, then we are up to retest the 235 area (and then finally 238)
I just shorted.. lol.. looking at 230 as a target. Reach your 238 target some other day please ;-)
  • #24,965
  • Sep 11, 2007 6:21pm Sep 11, 2007 6:21pm
Quoting auslanco
30 min QQE5 is in extremley OB level.. this will go for a major retracement.. possibly down to 230.58 area

boss man is here!
  • #24,966
  • Sep 11, 2007 6:24pm Sep 11, 2007 6:24pm
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  • #24,967
  • Sep 11, 2007 6:24pm Sep 11, 2007 6:24pm
i downloaded the templets for MT4 and followed the thread and the word downloads, but my charts still do not look like the ones posted here. there has to be some setting that I am missing. If someone has time to help me out please PM me so we do not take up to much forum space for MY PROBLEMS.....thanks

Dee
  • #24,968
  • Sep 11, 2007 6:26pm Sep 11, 2007 6:26pm
Quoting VishalJ
I just shorted.. lol.. looking at 230 as a target. Reach your 238 target some other day please ;-)
It doesn't have to go there. These are just my levels. It could break 227 and then head to 221 instead

I have previously said that my target is 238 as long as 227 holds. I'll just play the smaller moves until the larger move is decided. This is part of a chart I posted about 2 or 3 weeks ago.
  • #24,969
  • Sep 11, 2007 6:27pm Sep 11, 2007 6:27pm
Quoting Cardiac
i downloaded the templets for MT4 and followed the thread and the word downloads, but my charts still do not look like the ones posted here. there has to be some setting that I am missing. If someone has time to help me out please PM me so we do not take up to much forum space for MY PROBLEMS.....thanks

Dee

PM me your mail mate
  • #24,970
  • Sep 11, 2007 6:27pm Sep 11, 2007 6:27pm
Quoting hard1head1
Your moonlighting arent you?

Jim
Who ya talking about Jim?
  • #24,971
  • Sep 11, 2007 6:31pm Sep 11, 2007 6:31pm
Hey Aus! Good morning! You're up pretty early today.


Frank
  • #24,972
  • Sep 11, 2007 6:31pm Sep 11, 2007 6:31pm
Quoting VishalJ
I just shorted.. lol.. looking at 230 as a target. Reach your 238 target some other day please ;-)

WAITING for the 30mn to cross-down . . . AND . . . the 30 mn candle to close below the GANN . . . (confirming)

Would not hurt to wait for 1 HR to do likewise.
  • #24,973
  • Sep 11, 2007 6:32pm Sep 11, 2007 6:32pm
Quoting frank99
Hey Aus! Good morning! You're up pretty early today.


Frank
He doesn't want to miss out on any profits - the wife must be nagging him
  • #24,974
  • Sep 11, 2007 6:35pm Sep 11, 2007 6:35pm
Quoting VishalJ
He doesn't want to miss out on any profits - the wife must be nagging him
Wow, now that is a nice thought! My wife nags me to get off this blo*dy thing!
  • #24,975
  • Sep 11, 2007 6:36pm Sep 11, 2007 6:36pm
Quoting Zoran
It doesn't have to go there. These are just my levels. It could break 227 and then head to 221 instead

I have previously said that my target is 238 as long as 227 holds. I'll just play the smaller moves until the larger move is decided. This is part of a chart I posted about 2 or 3 weeks ago.
Zoran, I was playing around with dow/GJ charts and decided that if the dow doesnt drop soon, GJ would need to go back up to 238 in order to bring those two back to the correlation they have had over the last couple of years.

I would prefer the dow drop to 12500, but the damn stock market just refuses to go down.
  • #24,976
  • Sep 11, 2007 6:36pm Sep 11, 2007 6:36pm
Quoting frank99
Hey Aus! Good morning! You're up pretty early today.


Frank

Yehh went to bed early last night.. It was too painful to watch Bernies speeches
  • #24,977
  • Sep 11, 2007 6:37pm Sep 11, 2007 6:37pm
Quoting Zoran
Wow, now that is a nice thought! My wife nags me to get off this blo*dy thing!
Mine too.. but that's because I don't share any profits with her
  • #24,978
  • Sep 11, 2007 6:37pm Sep 11, 2007 6:37pm
Hasn't the 30 min already crossed down on yours?

Quoting SailingAway
WAITING for the 30mn to cross-down . . . AND . . . the 30 mn candle to close below the GANN . . . (confirming)

Would not hurt to wait for 1 HR to do likewise.
  • #24,979
  • Sep 11, 2007 6:37pm Sep 11, 2007 6:37pm
Quoting markam
I would prefer the dow drop to 12500, but the damn stock market just refuses to go down.
Because of all the bloody rate cut optimists!
  • #24,980
  • Sep 11, 2007 6:38pm Sep 11, 2007 6:38pm
Quoting BenQ
Hasn't the 30 min already crossed down on yours?

yes. Been burned by not reminding myself of fundamentals.
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