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

  • #28,361
  • Sep 18, 2007 1:34am Sep 18, 2007 1:34am
Quoting Val144
Tray that one

cheers
  • #28,362
  • Sep 18, 2007 1:35am Sep 18, 2007 1:35am
Well the news was as expected so there's no significant movement either way. I hope it won't be a 25 bp cut tomorrow as expected. That would be the worst case scenerio for forex traders who like volatility. We would like to see this pair jump up and down a couple of hundreds pips in a few hours.
  • #28,363
  • Sep 18, 2007 1:37am Sep 18, 2007 1:37am
Quoting karmostaji
closed my long for a sweet 62 pips
congrat bro
about 8 times bigger than me
but my lot was bigger than you(about 8 times lol)
have a nice day with full of pips
  • #28,364
  • Sep 18, 2007 1:39am Sep 18, 2007 1:39am
if 15m candle closes as a bearish engulfing candle, i'm going short

Pips is my new middle name
Trade what you see, not what you think.
  • #28,365
  • Sep 18, 2007 1:41am Sep 18, 2007 1:41am
Quoting karmostaji
if 15m candle closes as a bearish engulfing candle, i'm going short

Pips is my new middle name
your new name:
karpipostaji lol


ps:just joking
  • #28,366
  • Sep 18, 2007 1:50am Sep 18, 2007 1:50am
looks like we may get an inverted hammer on the mt4 hourly as well but the 4hr still looks bullish
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #28,367
  • Sep 18, 2007 1:54am Sep 18, 2007 1:54am
15m reversal sign formed, I took it but might be risky

30m reversal sign forming, 1hr forming too
Trade what you see, not what you think.
  • #28,368
  • Sep 18, 2007 2:00am Sep 18, 2007 2:00am
Quoting karmostaji
15m reversal sign formed, I took it but might be risky

30m reversal sign forming, 1hr forming too
nice inverted hammer on the hourly
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #28,369
  • Sep 18, 2007 2:02am Sep 18, 2007 2:02am
Quoting karmostaji
15m reversal sign formed, I took it but might be risky

30m reversal sign forming, 1hr forming too
all 3 TF's show reversal sign, I'm short and my TP is 227
Trade what you see, not what you think.
  • #28,370
  • Sep 18, 2007 2:05am Sep 18, 2007 2:05am
...........
  • #28,371
  • Sep 18, 2007 2:07am Sep 18, 2007 2:07am
i am short from 229.35
but it's still risky,it's better wait for more confirmation
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  • #28,372
  • Sep 18, 2007 2:08am Sep 18, 2007 2:08am
When 15min QQE1 cross upwards I'm going long TP target 230.50(Daily Pivot support 1)
  • #28,373
  • Sep 18, 2007 2:11am Sep 18, 2007 2:11am
possible support around 228.90 area
Trade what you see, not what you think.
  • #28,374
  • Sep 18, 2007 2:12am Sep 18, 2007 2:12am
Karmo & Aus again.............

all newbies following thread going to .........

hehe...
  • #28,375
  • Sep 18, 2007 2:12am Sep 18, 2007 2:12am
Quoting Syafi
Good News does nothing ... GBP is in really in bad shape then...
That wasn't GBP positive news. A higher inflation rate would be positive as it could indicate an interest rate rise.
  • #28,376
  • Sep 18, 2007 2:12am Sep 18, 2007 2:12am
Quoting auslanco
When 15min QQE1 cross upwards I'm going long TP target 230.50(Daily Pivot support 1)
Long?? committing suicide bro.. lol,
Trade what you see, not what you think.
  • #28,377
  • Sep 18, 2007 2:14am Sep 18, 2007 2:14am
Quoting Syafi
Karmo & Aus again.............

all newbies following thread going to .........

hehe...
Hahaha , what's the score until now?? jk
Trade what you see, not what you think.
  • #28,378
  • Sep 18, 2007 2:15am Sep 18, 2007 2:15am
Anyway, we have broken out of the wedge to the upside and we are now returning for a retest. This is a good long entry-point. I now suspect the low to be in though FOMC later today could warp everything. Scaling into the long would seem appropriate starting at 229.25 and adding as we go lower down to 228.85. Stop will be somewhere below that.

As always, be wise with MM. If you don't know what I'm talking about, don't follow!
  • #28,379
  • Sep 18, 2007 2:15am Sep 18, 2007 2:15am
Quoting karmostaji
Hahaha , what's the score until now?? jk
Long at 229.30
  • #28,380
  • Sep 18, 2007 2:16am Sep 18, 2007 2:16am
Quoting karmostaji
Long?? committing suicide bro.. lol,
15 min Strategy trade, re-entry. Price is above the Daily Pivots. Market is getting ready to price in for 2more US rate cuts before end of the year.
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