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

  • #27,881
  • Sep 17, 2007 10:54am Sep 17, 2007 10:54am
karmo habibi..ur rock!!! do they teach u this in univ..man i think i shud go back to univ. again too!

Quoting karmostaji
The only way to have your own crystal ball is to keep on practicing and learning

My time zone is GMT+4
  • #27,882
  • Sep 17, 2007 10:54am Sep 17, 2007 10:54am
Looks like we have some support at 13380'ish from after hours trading and from last week but i don't know it if that will hold. The hourly on the dow looks like she wants to roll over. If we get some dissappointing news tomorrow it should be a nice ride. Moving stops to b.e. and hanging on.
"Only when the tide goes out will we know who is swimming naked."
  • #27,883
  • Sep 17, 2007 10:54am Sep 17, 2007 10:54am
Quoting intelmaster
looks like your first TP will be hit before we sleep!
easy pips today I tell ya

Enjoy the ride my friends
Trade what you see, not what you think.
  • #27,884
  • Sep 17, 2007 10:55am Sep 17, 2007 10:55am
congrats bro.. time to update your sig

Quoting karmostaji
easy pips today I tell ya

Enjoy the ride my friends
  • #27,885
  • Sep 17, 2007 10:55am Sep 17, 2007 10:55am
gbp/usd breaks below support. gbp/jpy at support. macd divergence also on the latter.
  • #27,886
  • Sep 17, 2007 10:55am Sep 17, 2007 10:55am
Quoting dxbtrader
karmo habibi..ur rock!!! do they teach u this in univ..man i think i shud go back to univ. again too!
haha, I learned the very very basic in univ and then I built everything else on my own
Trade what you see, not what you think.
  • #27,887
  • Sep 17, 2007 10:56am Sep 17, 2007 10:56am
Quoting karmostaji
The only way to have your own crystal ball is to keep on practicing and learning

My time zone is GMT+4

Congrats on showing the patience to your TP.
  • #27,888
  • Sep 17, 2007 10:56am Sep 17, 2007 10:56am
closed at 229
  • #27,889
  • Sep 17, 2007 10:58am Sep 17, 2007 10:58am
Im thinking around 50 more pipsto the downside and then another retrace will come about.
I dream, therefore I become.
  • #27,890
  • Sep 17, 2007 11:01am Sep 17, 2007 11:01am
1h/4hr retrace due
Trade what you see, not what you think.
  • #27,891
  • Sep 17, 2007 11:01am Sep 17, 2007 11:01am
Quoting mike w
Im thinking around 50 more pipsto the downside and then another retrace will come about.
not unless the dow can move lower. It is stuck at 13380
  • #27,892
  • Sep 17, 2007 11:03am Sep 17, 2007 11:03am
what a time for oanda to crash
  • #27,893
  • Sep 17, 2007 11:03am Sep 17, 2007 11:03am
Quoting fourxtrader
I rode it to 229.83 and got out too.... too soon I see.
I got in at 229.67, and out at 228.90. A sweet 77 pips breakfast!
  • #27,894
  • Sep 17, 2007 11:04am Sep 17, 2007 11:04am
Possible retrace to 229.70 area

I'll go short from there once I get 5/15m signal and TP will be 227.50
Trade what you see, not what you think.
  • #27,895
  • Sep 17, 2007 11:06am Sep 17, 2007 11:06am
Quoting markam
not unless the dow can move lower. It is stuck at 13380
You would be right my friend, This will be just another good area to put more into my position. 230 would be a prime area to add in, from my point of view. Any other thoughts?
I dream, therefore I become.
  • #27,896
  • Sep 17, 2007 11:10am Sep 17, 2007 11:10am
I wonder what triggered that ride down, was it the dow crossing below 13400 and/or something else?

~G.
  • #27,897
  • Sep 17, 2007 11:10am Sep 17, 2007 11:10am
Quoting karmostaji
Possible retrace to 229.70 area

I'll go short from there once I get 5/15m signal and TP will be 227.50
How low can we go again from here? 227?
  • #27,898
  • Sep 17, 2007 11:10am Sep 17, 2007 11:10am
Here let me show you why price bounced off, it bounced off the TL (blue one + fib level), now it needs to retrace to 4hr 5sma (229.70 area) to get more sellers and power to break this level and we head to the next level which is 227.50

http://img408.imageshack.us/img408/8396/gjib4.gif
Trade what you see, not what you think.
  • #27,899
  • Sep 17, 2007 11:11am Sep 17, 2007 11:11am
Quoting mktjong
How low can we go again from here? 227?
doubt any lower, retracement first then down to 227.50
Trade what you see, not what you think.
  • #27,900
  • Sep 17, 2007 11:12am Sep 17, 2007 11:12am
Quoting AlphaGA
I wonder what triggered that ride down, was it the dow crossing below 13400 and/or something else?

~G.
my chart talks to me, you need to communicate with your chart
Trade what you see, not what you think.
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