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

  • #29,961
  • Sep 20, 2007 7:55am Sep 20, 2007 7:55am
Quoting Pipsqueak
I'm chasing my dream too. Look at my avatar.
don't steal 1 of my dreams now LOL

Lamborghini is my middle name btw
Trade what you see, not what you think.
  • #29,962
  • Sep 20, 2007 7:55am Sep 20, 2007 7:55am
Quoting karmostaji
hmm, be careful shorts (note to self)

jw, why ? is it because the 15m might cross up?
  • #29,963
  • Sep 20, 2007 7:57am Sep 20, 2007 7:57am
Quoting karmostaji
don't steal 1 of my dreams now LOL

Lamborghini is my middle name btw
Attached Image
  • #29,964
  • Sep 20, 2007 7:58am Sep 20, 2007 7:58am
Quoting egutie6970
jw, why ? is it because the 15m might cross up?
Just letting everybody be cautious and not get married to the bear yet, if price closes above 5/15m 50ema, that may cause us some trouble..
Trade what you see, not what you think.
  • #29,965
  • Sep 20, 2007 7:58am Sep 20, 2007 7:58am
Quoting karmostaji
don't steal 1 of my dreams now LOL

Lamborghini is my middle name btw
I thought "pips" is your middle name.
  • #29,966
  • Sep 20, 2007 8:01am Sep 20, 2007 8:01am
Just wait, bears are coming soon
COT: The precious data ignored
  • #29,967
  • Sep 20, 2007 8:03am Sep 20, 2007 8:03am
Quoting auslanco
As hakuna mentioned if we get a 1hr bar close below 231.16 the we have a break out to the downside.

Apparently not
  • #29,968
  • Sep 20, 2007 8:04am Sep 20, 2007 8:04am
looks like it will go tst 231.60 possibly and fall from there
if not--its fall--fall --fall from here

we have confleunec of 4hr 5sma and 4hr 5oema at 231.60
  • #29,969
  • Sep 20, 2007 8:04am Sep 20, 2007 8:04am
Quoting Hakuna Matata
looks like it will go tst 231.60 possibly and fall from there
if not--its fall--fall --fall from here

we have confleunec of 4hr 5sma and 4hr 5oema at 231.60

ps--we got a close belkow 50ema on 4hr-- short still looks more promising
  • #29,970
  • Sep 20, 2007 8:06am Sep 20, 2007 8:06am
Quoting winterwhite
Apparently not
3rd last candle we had a close below 100sma
2nd last candle it closed AT 1hr 100sma
this candle --toss a coin
  • #29,971
  • Sep 20, 2007 8:07am Sep 20, 2007 8:07am
beautiful trendline , been scalping on this since morning, already up by 124+ pips, one position of 232.05 short is open, TP is 229.21
Attached Image (click to enlarge)
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  • #29,972
  • Sep 20, 2007 8:08am Sep 20, 2007 8:08am
I wil unload some of my positions on this dip..and wait for the 4hr 1hr strategy confirmation at 1200est to go short.
  • #29,973
  • Sep 20, 2007 8:11am Sep 20, 2007 8:11am
Is this another bullish wedge?

hmmm - I think I'll keep an eye on that top line.
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  • #29,974
  • Sep 20, 2007 8:12am Sep 20, 2007 8:12am
CAD
  • #29,975
  • Sep 20, 2007 8:13am Sep 20, 2007 8:13am
ive taken this trade with many signals facing south

we have MACD crossed as well on 4hr and histogram below zero line

we have cross of CCI thru zero on 4hr

the nxt 4hr candle close will say a lot above tomoros movement

now all we have to do is be patient

an appropraite 4hr strat s/l would be at 232.35 or at 4hr 200sma or a close back above 50ema on 4hr--all this is possible --but this is where rules and MM come into play

i will actually exit the trade if i get a 15/30 min reversal

patience now
  • #29,976
  • Sep 20, 2007 8:14am Sep 20, 2007 8:14am
Well, just wanna warn you all who are shorts to be careful as US treasuries data is very strong today unless it changes.
  • #29,977
  • Sep 20, 2007 8:17am Sep 20, 2007 8:17am
Quoting mktjong
Well, just wanna warn you all who are shorts to be careful as US treasuries data is very strong today unless it changes.
The earnings reports and decent news have also turned stock premarket positive. I am out of the market for now.
  • #29,978
  • Sep 20, 2007 8:20am Sep 20, 2007 8:20am
Well look at the bright side... "Bernie" is going to open his ummm un-truthfull mouth in 40 mins. Things will start moving then for sure, shame it will be in the wrong direction for everybody. Yup that is right NOBODY is safe long or short...lol
  • #29,979
  • Sep 20, 2007 8:24am Sep 20, 2007 8:24am
sit tight and have some patience.. if you can't then I would suggest to strap yourself to your bed and watch prices bounce up n down from far lol
Trade what you see, not what you think.
  • #29,980
  • Sep 20, 2007 8:24am Sep 20, 2007 8:24am
Quoting kevinsw
Yup that is right NOBODY is safe long or short...lol
You forgot fat or skinny also. I've been burnt by that man before
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