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

  • #28,501
  • Sep 18, 2007 7:30am Sep 18, 2007 7:30am
Quoting Hakuna Matata
i trade off my signals--thats it!
signal was long
Ok... take this to the Techs vs Fundamentals... Tipical...

This what i get to calm someone who did the right thing.

VishalJ asked a question. I awnsered it...

GJ jumped 100 pips out of nowhere, and you firmly believe that the reason was a five chart cross, instead of a report of the major importance for the stock market that came out at 8:00am EST

Congratulations.
  • #28,502
  • Sep 18, 2007 7:31am Sep 18, 2007 7:31am
PPI Down!
  • #28,503
  • Sep 18, 2007 7:34am Sep 18, 2007 7:34am
Quoting Warper
Ok... take this to the Techs vs Fundamentals... Tipical...

This what i get to calm someone who did the right thing.

VishalJ asked a question. I awnsered it...

GJ jumped 100 pips out of nowhere, and you firmly believe that the reason was a five chart cross, instead of a report of the major importance for the stock market that came out at 8:00am EST

Congratulations.
Yeah.. lol.. I was waiting for the Lehmann report.. but my Dow Jones wire didn't show anything (retarded feed.. I'm dropping that.. sticking with Reuters) You hit it on the spot mate.
  • #28,504
  • Sep 18, 2007 7:35am Sep 18, 2007 7:35am
we will get a 4hr 1hr strategy trade at 12est for 300 more pips
  • #28,505
  • Sep 18, 2007 7:36am Sep 18, 2007 7:36am
Quoting Mysticdiver
PPI Down!
that number surprises me.
  • #28,506
  • Sep 18, 2007 7:37am Sep 18, 2007 7:37am
Quoting Zoran
Makes complete sense to me. Why do you need news?

Broke out of the wedge (orange shaded area), came back to restest (throwback) and continued north. It happens quite frequently.

I can assure you I didn't trade this on any news. All in the chart.
Long at 230.44
  • #28,507
  • Sep 18, 2007 7:37am Sep 18, 2007 7:37am
Quoting PipChick
Long at 230.44
Our board froze up
  • #28,508
  • Sep 18, 2007 7:38am Sep 18, 2007 7:38am
Quoting Warper
Ok... take this to the Techs vs Fundamentals... Tipical...

This what i get to calm someone who did the right thing.

VishalJ asked a question. I awnsered it...

GJ jumped 100 pips out of nowhere, and you firmly believe that the reason was a five chart cross, instead of a report of the major importance for the stock market that came out at 8:00am EST

Congratulations.

nah--dude--traders in here know how i trade
if u dont--ask
i exit my positions if i see a reversal and take the trade thge other way--in 15min TF
read my trades inthe signature
now feds can cut rates 1%-- whatever--it will eventually be tradeable on charts--right?
so --yes fundies v important---but i dont take discretionary trades--we follow systems in here---and stick to rules
thats it !!
  • #28,509
  • Sep 18, 2007 7:40am Sep 18, 2007 7:40am
PPI was horrible.. mkts will be guaranteed a rate cut.. look for carry pairs to jmp
  • #28,510
  • Sep 18, 2007 7:40am Sep 18, 2007 7:40am
now --scalping again--
  • #28,511
  • Sep 18, 2007 7:40am Sep 18, 2007 7:40am
Quoting auslanco
we will get a 4hr 1hr strategy trade at 12est for 300 more pips
a long trade?
  • #28,512
  • Sep 18, 2007 7:41am Sep 18, 2007 7:41am
Quoting PipChick
Our board froze up

I'm taking off another one here for 220 pips. I'll re-enter after a retrace. 231.50 area has reasonable resistance so it's not going to break straight through it. Check my previous chart (last post, page 1900), you will see a resistance line there.
  • #28,513
  • Sep 18, 2007 7:42am Sep 18, 2007 7:42am
Quoting PipChick
Long at 230.44
Out..+90
  • #28,514
  • Sep 18, 2007 7:42am Sep 18, 2007 7:42am
Quoting Warper
This sudden rise was due to Lehman Brothers earnings report. Better than expected and that is helping the stocks.

Lehman Brothers is an investment top company like Bear Stearns (the epicenter of the August collapse.) The healthyness of this companies have the major importance for the stocks this days.

It could have been a bad report and you would end up being burned even with your long signal. So don't blame yourself.
Sorry Warper.. I don't agree with you.. Most of were here calling for 230.50 from the start of London session. Fundies just made it quicker. Thats all
  • #28,515
  • Sep 18, 2007 7:43am Sep 18, 2007 7:43am
Quoting PipChick
Out..+90
Looking to buy a dip possibly
  • #28,516
  • Sep 18, 2007 7:43am Sep 18, 2007 7:43am
Quoting auslanco
we will get a 4hr 1hr strategy trade at 12est for 300 more pips
which way short or long?
  • #28,517
  • Sep 18, 2007 7:43am Sep 18, 2007 7:43am
Daily 5sma retraco just completed
  • #28,518
  • Sep 18, 2007 7:44am Sep 18, 2007 7:44am
Quoting Hakuna Matata
nah--dude--traders in here know how i trade
if u dont--ask

yes fundies v important---but i dont take discretionary trades--we follow systems in here---and stick to rules
thats it !!
I know what feels to miss 100 pips having our fingers right at the button.

I was just trying to help.
  • #28,519
  • Sep 18, 2007 7:45am Sep 18, 2007 7:45am
That was a good 60 pips after the PPI report. Now I'm staying out till Fed rate decision.. don't want to give my pips away!
  • #28,520
  • Sep 18, 2007 7:46am Sep 18, 2007 7:46am
Quoting auslanco
Daily 5sma retraco just completed

sclp from theer too bro

but missed most of that ride up--so annoying
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