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

  • #26,621
  • Sep 13, 2007 8:50pm Sep 13, 2007 8:50pm
ok lets go to 230 now already lol longs had enough fun, back to the brutality
  • #26,622
  • Sep 13, 2007 8:50pm Sep 13, 2007 8:50pm
An alternate mechanical system I use for g/j that has been 61% right since july 1st has just given me a long signal. I'm taking it, but not putting much faith in it.
  • #26,623
  • Sep 13, 2007 8:50pm Sep 13, 2007 8:50pm
Attached Image (click to enlarge)
Click to Enlarge Name: h1.gif Size: 15 KB
  • #26,624
  • Sep 13, 2007 8:52pm Sep 13, 2007 8:52pm
Get out of your 'denial mode' or you're going to sleep with red pips today
Trade what you see, not what you think.
  • #26,625
  • Sep 13, 2007 8:53pm Sep 13, 2007 8:53pm
Quoting PipChick
I have a feeling that if 232.75 is taken out at 10pm est this will rocket to 233.62. Especially if the u/j takes out 115.35.
The UJ barrier is pretty strong at this point. If it wasn't taken out during the big day in the US market, the Japanese aren't going to take it out. If the stock markets in Europe/England are really up, I could see another attempt to breach the 1.40 ceiling. However, I would be very surprised if the european markets do better than flat tonight.

Unfortunately, I can't seem to find premarket data for the european markets before about 1:30 am eastern time.

I see limited potential for more than 100 pips up, and signficantly more potential for 200+ pips down. I am hoping the banking issue in England scares the crap out of the european stock markets.
  • #26,626
  • Sep 13, 2007 8:53pm Sep 13, 2007 8:53pm
Quoting jay9170
ok lets go to 230 now already lol longs had enough fun, back to the brutality
Its gearing up to break 232.75
  • #26,627
  • Sep 13, 2007 8:54pm Sep 13, 2007 8:54pm
Quoting karmostaji
Get out of your 'denial mode' or you're going to sleep with red pips today
naaaaaa
i'm going to sleep now with no trades open, i'll wait till tomorrow, it's the end of the week anyway...i'll keep your pips though as a ramadan present

goodnight to you and everyone else here...

ps: pipChick, you get him while i go to sleep
  • #26,628
  • Sep 13, 2007 8:55pm Sep 13, 2007 8:55pm
Quoting lilmoe
Attachment
That cracked me up entirely...thank you for the one.
I dream, therefore I become.
  • #26,629
  • Sep 13, 2007 8:56pm Sep 13, 2007 8:56pm
Quoting PipChick
PipChick is a chick (female) without ego.
yes and at least you haven't once asked what the 5sma does and should you close a bad trade or what are the gann line settings and what does it mean when it crosses over or ask whether you can burp with auslanco's or Markham's permission or other such silly comments that take up space on this thread.

By the way do you trade in your underwear?
  • #26,630
  • Sep 13, 2007 8:56pm Sep 13, 2007 8:56pm
Quoting lilmoe
naaaaaa
i'm going to sleep now with no trades open, i'll wait till tomorrow, it's the end of the week anyway...i'll keep your pips though as a ramadan present

goodnight to you and everyone else here...

ps: pipChick, you get him while i go to sleep
lolol..will do lilmoe! heheeheh
  • #26,631
  • Sep 13, 2007 8:58pm Sep 13, 2007 8:58pm
Quoting lepiricus
An alternate mechanical system I use for g/j that has been 61% right since july 1st has just given me a long signal. I'm taking it, but not putting much faith in it.
Lepiricus, If you dont have much faith in it right now, then why take the trade? this is an honest question to help protect your capital. I understand that you want to trade probably specifically mechanically with this system of yours but I dont understand why you would take something that does not look like an A plus trade in your eyes. I hope you look at this, and good luck in your trade.
I dream, therefore I become.
  • #26,632
  • Sep 13, 2007 8:58pm Sep 13, 2007 8:58pm
Quoting Ladybird
yes and at least you haven't once asked what the 5sma does and should you close a bad trade or what are the gann line settings and what does it mean when it crosses over or ask whether you can burp with auslanco's or Markham's permission or other such silly comments that take up space on this thread.

By the way do you trade in your underwear?
  • #26,633
  • Sep 13, 2007 9:01pm Sep 13, 2007 9:01pm
Yesssss, the hourly closed out nicely for the shorts.
I dream, therefore I become.
  • #26,634
  • Sep 13, 2007 9:01pm Sep 13, 2007 9:01pm
Quoting PipChick
lolol..will do lilmoe! heheeheh
I need to book profits and go nite nite. Good luck to everyone on your longs and shorts!
  • #26,635
  • Sep 13, 2007 9:01pm Sep 13, 2007 9:01pm
I don't know if we've seen the full retrace yet. I know it hit the 50EMA on the 15M but other than that the top (around 232.73) is just hanging out there between two fib lines. I'd feel better if it went all the way up to 232.90 where the 4h 5SMA and the 50% Fib are both located. After all, this is supposed to be a 4h retrace. It might take all four hours to get there the way the Asian session meanders. Let's see where price takes us.

M2B
  • #26,636
  • Sep 13, 2007 9:03pm Sep 13, 2007 9:03pm
Quoting Hakuna Matata
t/p 232.75 s/l 232.05
I did PM. Please check.
  • #26,637
  • Sep 13, 2007 9:03pm Sep 13, 2007 9:03pm
Karmo--didnt u have an order limit to go short at 232.80?
it missed it by 7-8 pips--did u get back in short --or ure holding shorts from b4?
  • #26,638
  • Sep 13, 2007 9:03pm Sep 13, 2007 9:03pm
Quoting my2buoys
I don't know if we've seen the full retrace yet. I know it hit the 50EMA on the 15M but other than that it's just hanging out there between two fib lines. I'd feel better if it went all the way up to 232.90 where the 4h 5SMA and the 50% Fib are both located. After all, this is supposed to be a 4h retrace. It might take all four hours to get there the way the Asian session meanders. Let's see where price takes us.

M2B
You just had to go and post that there didnt you sir. Excellent analysis of this, and now I think my short may jsut be in a little bit of danger. Thank you for this post and a different outlook than most as of now.
I dream, therefore I become.
  • #26,639
  • Sep 13, 2007 9:08pm Sep 13, 2007 9:08pm
Ok here is some entertainment cuz i know some of you must be bored.
Be sure to turn your speakers WAY down before you click on the link below. It is some live S&P scalping done the real way. You can hear pit noise from traders audio. I hope smjonesy doesn't catch me posting this. Yes Ladybird more silly comments for this thread.

http://video.google.com/videoplay?do...08946865292918
"Only when the tide goes out will we know who is swimming naked."
  • #26,640
  • Sep 13, 2007 9:09pm Sep 13, 2007 9:09pm
Quoting ar1002
I did PM. Please check.
PM answered
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