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

  • #30,461
  • Sep 20, 2007 7:50pm Sep 20, 2007 7:50pm
Quoting PipChick
I know you all hate me but I have been long since 229.64 because 229.47 was the 78.6 % fib which indicates a trend reversal. So if you buy at that very very important fib level and put your stop loss just below it your risk is very minimal with a potential of 200 pip gain.. There was also a sloping trendline at the 78.6 and the cci was turning up to indicate the downward move was over. Also the hourly chart formed a swing lo indicating a reversal as did the 4 hour chart in order to keep me in the trade.

i dont hate you but it appears you were right. i have taken a beating on my shorts. unreal!
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #30,462
  • Sep 20, 2007 7:50pm Sep 20, 2007 7:50pm
Quoting PipChick
Off to bed. I hope everyone wakes up with pips in their pockets!!!
One more thing...I have a feeling the g/j is going to take another stab at the 231.50 area and excel from there. The next ten minutes will decide if it goes long or short.
  • #30,463
  • Sep 20, 2007 7:51pm Sep 20, 2007 7:51pm
4 hr. candle will be closing in 9 minutes
  • #30,464
  • Sep 20, 2007 7:51pm Sep 20, 2007 7:51pm
Quoting PipChick
I know you all hate me but I have been long since 229.64 because 229.47 was the 78.6 % fib which indicates a trend reversal. So if you buy at that very very important fib level and put your stop loss just below it your risk is very minimal with a potential of 200 pip gain.. There was also a sloping trendline at the 78.6 and the cci was turning up to indicate the downward move was over. Also the hourly chart formed a swing lo indicating a reversal as did the 4 hour chart in order to keep me in the trade.
That's the way to go girl
I was thinking to go long too but was a bit beat up by this pair this afternoon http://www.forexfactory.com/images/icons/icon9.gif, took long on GBP/USD & Eur/USD which are working fine so far.
  • #30,465
  • Sep 20, 2007 7:51pm Sep 20, 2007 7:51pm
The 15 min chart indicators will start putting out short signals when (or maybe I should say if) price hits 230.71.

Ron
  • #30,466
  • Sep 20, 2007 7:52pm Sep 20, 2007 7:52pm
Quoting kayman
holding shorts from 229.90 plus others

at that price yesterday...close with just small pip...good luck..
  • #30,467
  • Sep 20, 2007 7:52pm Sep 20, 2007 7:52pm
Quoting PipChick
I know you all hate me but I have been long since 229.64 because 229.47 was the 78.6 % fib which indicates a trend reversal. So if you buy at that very very important fib level and put your stop loss just below it your risk is very minimal with a potential of 200 pip gain.. There was also a sloping trendline at the 78.6 and the cci was turning up to indicate the downward move was over. Also the hourly chart formed a swing lo indicating a reversal as did the 4 hour chart in order to keep me in the trade.
Nobody in this thread hates you though your past approach has left a bad taste in many people's mouths. Instead of pontificating, how about posting a chart? A chart explaining what you're talking about is indeed worth 1000 words. Even an experienced trader would have trouble flipping back and forth from your post to a chart trying to figure out what you're talking about. If you want to contribute and be helpful, which I believe you can be based upon past posts, then start posting charts with your analysis.

M2B
  • #30,468
  • Sep 20, 2007 7:52pm Sep 20, 2007 7:52pm
Quoting PipChick
Aus's indicators and trading style compliments this sneaky little trade perfectly. Its a shame we cant all work together cause we could book even more pips than we already do.
Pipschick --we dont hate u
u just need to respect the senior memebers in here--wo contribute far more then most
ure welcome to share your analysis and views
ps-- there is no point of saying u went long at 229.64-- as u didnt post it when u really went long... so if u want to post your trades taken--do them in real time --otherwise no point. cheers and enjoy trading--once again--noone hates u !
  • #30,469
  • Sep 20, 2007 7:54pm Sep 20, 2007 7:54pm
Quoting fourxtrader
now I'm officially.......

sleepinginadumpster

thanks My2buoys


Awesome! It suits your signature perfectly!
  • #30,470
  • Sep 20, 2007 7:54pm Sep 20, 2007 7:54pm
Quoting PipChick
One more thing...I have a feeling the g/j is going to take another stab at the 231.50 area and excel from there. The next ten minutes will decide if it goes long or short.
please give your analysis at that time. thx
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #30,471
  • Sep 20, 2007 7:55pm Sep 20, 2007 7:55pm
Quoting my2buoys
Nobody in this thread hates you though your past approach has left a bad taste in many people's mouths. Instead of pontificating, how about posting a chart? A chart explaining what you're talking about is indeed worth 1000 words. Even an experienced trader would have trouble flipping back and forth from your post to a chart trying to figure out what you're talking about. If you want to contribute and be helpful, which I believe you can based upon past posts, then start posting charts with your analysis.

M2B
MB2..just to clear things up a bit, I did not retaliate until I was attacked. But yes..I will post a chart and I have posted a chart before.
  • #30,472
  • Sep 20, 2007 7:55pm Sep 20, 2007 7:55pm
a close above 50ema on 1hr wont look good for shorts
its hovering right there
  • #30,473
  • Sep 20, 2007 7:56pm Sep 20, 2007 7:56pm
anyone know where Karmo and aus had their s/l?
  • #30,474
  • Sep 20, 2007 7:58pm Sep 20, 2007 7:58pm
Markam-- care to share any fundamental news re g/j
  • #30,475
  • Sep 20, 2007 7:58pm Sep 20, 2007 7:58pm
Quoting Hakuna Matata
anyone know where Karmo and aus had their s/l?

aus had his at 231.28
  • #30,476
  • Sep 20, 2007 7:58pm Sep 20, 2007 7:58pm
Quoting PipChick
I know you all hate me but I have been long since 229.64 because 229.47 was the 78.6 % fib which indicates a trend reversal. So if you buy at that very very important fib level and put your stop loss just below it your risk is very minimal with a potential of 200 pip gain.. There was also a sloping trendline at the 78.6 and the cci was turning up to indicate the downward move was over. Also the hourly chart formed a swing lo indicating a reversal as did the 4 hour chart in order to keep me in the trade.

oh shut up!!!! no one hates you! :
by the way, this move up was predicted
i scalped a long from the very bottom, made 100 pips
and now i'm ready for a nice short all the way down again, and down further

you've been lots of help, however, i wanted to say this before but the atmosphere was quite awful. i have been going the opposite of aus and karmo before but we never got into an argument, sometimes i was right, sometimes i was wrong. so i'm sure there's always a way to express your thoughts without having to get into sensless arguments. don't u think?
  • #30,477
  • Sep 20, 2007 7:59pm Sep 20, 2007 7:59pm
Quoting Hakuna Matata
anyone know where Karmo and aus had their s/l?
karm normally moves his stop into profit
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #30,478
  • Sep 20, 2007 8:00pm Sep 20, 2007 8:00pm
Quoting Hakuna Matata
anyone know where Karmo and aus had their s/l?
unfortunately aus's stop loss got hit at 231.28
  • #30,479
  • Sep 20, 2007 8:00pm Sep 20, 2007 8:00pm
Quoting PipChick
MB2..just to clear things up a bit, I did not retaliate until I was attacked. But yes..I will post a chart and I have posted a chart before.
I will explain the chart if you would like.
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  • #30,480
  • Sep 20, 2007 8:01pm Sep 20, 2007 8:01pm
Quoting PipChick
I will explain the chart if you would like.
so according to your chart we could still go south if it bounces off top trendline
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
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