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

  • #28,041
  • Sep 17, 2007 6:47pm Sep 17, 2007 6:47pm
Quoting lawrh
Gaming, Forex, is there a difference? Addiction is addiction.

http://cnews.canoe.ca/CNEWS/WeirdNew...503326-ap.html
I could see that happening while trading. Most inexperienced traders are addicted to watching every single pip. When I first started, I clearly remember watching the screen for two full days. It was ridiculous looking back on it, but It definitely does happen.
I dream, therefore I become.
  • #28,042
  • Sep 17, 2007 6:48pm Sep 17, 2007 6:48pm
Quoting mandoaddam
there's news on jpy after 7 min... how that will efict?

Hi volataile news event.. Pair will move up,down or sideways
  • #28,043
  • Edited 6:50pm Sep 17, 2007 6:49pm | Edited 6:50pm
I don't really think this is necessarily high volatility news. Is it? This is one that I think just adds to the economy as a whole over time.

EDIT : this is definitely worded wrong but I cant explain it..
I dream, therefore I become.
  • #28,044
  • Sep 17, 2007 6:50pm Sep 17, 2007 6:50pm
*(jp) July Tertiary Industry Index Mom: -0.5% V -0.5%e (0.1% Prior)
  • #28,045
  • Sep 17, 2007 6:53pm Sep 17, 2007 6:53pm
Quoting lawrh
Gaming, Forex, is there a difference? Addiction is addiction.

http://cnews.canoe.ca/CNEWS/WeirdNew...503326-ap.html
Yes, I've heard a similar story earlier ago. It is quite scary actually. I have experienced myself in trading Forex a while ago as tried to stay a wake more than 24 hours and only got a few hours unsounded sleep. It occurred many times. I felt my whole body was in entire exhausted and didn't feel good at all. I assumed some of you may have exeprienced that too :-) It is really kind of addiction. Thus, as for now, I have tried to limit it .. opportunity is always there, don't need to watch 24 hours, is not worth it. Even though, you may gain the whole world but lost your soul, what worth is that for (quoted from Bible)
Thus, suggestion for you all to better take care your body first :-) Money can always be made later .. cheers :-)
Plus, you would have a better mind to execute the trade if you're not "flying".
  • #28,046
  • Sep 17, 2007 6:55pm Sep 17, 2007 6:55pm
I don't know. The charts look weird to me. Usually, when there is a QQE cross, price will cross the TFT within a bar or two. Some of these charts are showing price already having crossed the TFT 6,7 and 8 bars 'before' QQE crosses. There is positive divergence on the 15M, 30M and 1H charts, which is a bullish signal. I see this thing going up before going down and breaking through some of the earlier strong support areas. Momentum at the top of the hour should give better direction. I might be on board with Zoran on this one.

M2B
  • #28,047
  • Sep 17, 2007 7:00pm Sep 17, 2007 7:00pm
Quoting auslanco
I currently got a short from 229.42 TP target of 228.32 ( daily Pivot support 1 Tokyo session)
Aus, where did you put ur sl seems is midnight over here i will have to leave this trade and go to sleep where should i put my sl pls.soory this question
With Tiger All Pips Are PossiBle
  • #28,048
  • Sep 17, 2007 7:02pm Sep 17, 2007 7:02pm
Good morning all! I was going to ask the same question yesterday...All the regulars here seem to be here all the time! Trading Asian, London and US sessions...scalpings.... I can hardly keep my eyes open by the time US lunch time. When do you guys sleep?

Quoting lawrh
Gaming, Forex, is there a difference? Addiction is addiction.

http://cnews.canoe.ca/CNEWS/WeirdNew...503326-ap.html
  • #28,049
  • Sep 17, 2007 7:05pm Sep 17, 2007 7:05pm
Quoting Pipsy
Good morning all! I was going to ask the same question yesterday...All the regulars here seem to be here all the time! Trading Asian, London and US sessions...scalpings.... I can hardly keep my eyes open by the time US lunch time. When do you guys sleep?
sleep is for sissies

we trade here like we are on the trading floor

chk for our handsignals http://www.forexfactory.com/showthread.php?t=46814
  • #28,050
  • Sep 17, 2007 7:06pm Sep 17, 2007 7:06pm
Quoting loladis4luv
Aus, where did you put ur sl seems is midnight over here i will have to leave this trade and go to sleep where should i put my sl pls.soory this question
I generated my short signal from VT 10min charts.. Therfor my SL is 10 pips above the 100SMA or Daily Pivot (which ever is lower) on 10min charts.

10 min 100sma +10pips is 229.79
  • #28,051
  • Sep 17, 2007 7:07pm Sep 17, 2007 7:07pm
Quoting my2buoys
I don't know. The charts look weird to me. Usually, when there is a QQE cross, price will cross the TFT within a bar or two. Some of these charts are showing price already having crossed the TFT 6,7 and 8 bars 'before' QQE crosses. There is positive divergence on the 15M, 30M and 1H charts, which is a bullish signal. I see this thing going up before going down and breaking through some of the earlier strong support areas. Momentum at the top of the hour should give better direction. I might be on board with Zoran on this one.

M2B
u could be right, u could be wrong, but we trade signals as we see them on the chart. so if i get a long signal--them my view will be like your view --till then --- im wearing my shorts!
  • #28,052
  • Sep 17, 2007 7:08pm Sep 17, 2007 7:08pm
Quoting Pipsy
Good morning all! I was going to ask the same question yesterday...All the regulars here seem to be here all the time! Trading Asian, London and US sessions...scalpings.... I can hardly keep my eyes open by the time US lunch time. When do you guys sleep?
we sleep over the weekends...
  • #28,053
  • Sep 17, 2007 7:08pm Sep 17, 2007 7:08pm
Quoting Pipsy
When do you guys sleep?
Muffy and I take turns sharing the keyboard as a pillow.
Attached Image
  • #28,054
  • Sep 17, 2007 7:10pm Sep 17, 2007 7:10pm
Quoting my2buoys
Muffy and I take turns sharing the keyboard as a pillow.
great photo
  • #28,055
  • Sep 17, 2007 7:10pm Sep 17, 2007 7:10pm
15min short signals is developing.

The price is below the Daily pivot and the signal is generated below the daily pivot(Tokyo session). Therefor I will take this short signal
  • #28,056
  • Sep 17, 2007 7:13pm Sep 17, 2007 7:13pm
Quoting auslanco
15min short signals is developing.

The price is below the Daily pivot and the signal is generated below the daily pivot(Tokyo session). Therefor I will take this short signal

this time we get the cross first--arrow to come !

dont u love it when all our systems show the same thing !

happy pippin
  • #28,057
  • Sep 17, 2007 7:13pm Sep 17, 2007 7:13pm
I can't wait to see the PPI numbers tomorrow. Just imagine if they come in very bad (which they probably will), then the fed turns around and cuts the fed rate.

That will pretty much show that the fed doesn't give a damn about inflation. They only care about protecting their banker friends.

If the PPI is bad, and if the feds cut the rate, I see it as astoundingly dollar negative.
  • #28,058
  • Sep 17, 2007 7:16pm Sep 17, 2007 7:16pm
Gosh....Better ask my doc for no-sleeping pills...

Anyway, Happy sleepless trading day everyone!
  • #28,059
  • Sep 17, 2007 7:19pm Sep 17, 2007 7:19pm
Quoting Hakuna Matata
this time we get the cross first--arrow to come !

dont u love it when all our systems show the same thing !

happy pippin
I already have the arrow. Am I missing something?
Attached Image (click to enlarge)
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  • #28,060
  • Sep 17, 2007 7:19pm Sep 17, 2007 7:19pm
Quoting markam
I can't wait to see the PPI numbers tomorrow. Just imagine if they come in very bad (which they probably will), then the fed turns around and cuts the fed rate.

That will pretty much show that the fed doesn't give a damn about inflation. They only care about protecting their banker friends.

If the PPI is bad, and if the feds cut the rate, I see it as astoundingly dollar negative.

yup--and thats when ill be waiting to long g/u massively
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