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

  • #35,341
  • Oct 1, 2007 11:20pm Oct 1, 2007 11:20pm
still being careful--ldn doesnt reverse this--if ldn boys join the down ride--then aus tgts for today for sure
  • #35,342
  • Oct 1, 2007 11:20pm Oct 1, 2007 11:20pm
Quoting monarch
Looking for the 234.73 previous resistance, and 234.60 618% Fibo line.

We shall see if London takes us below, or bounces us upward.

Auslanco said we would bounce up from 235.07 area, that may just very well happen here, I will wait to see with anticipation.

ah thanks--thinkin the same as posted above --ty buddy
  • #35,343
  • Oct 1, 2007 11:21pm Oct 1, 2007 11:21pm
Quoting monarch
Is this your entry, or one of your Long entries?

The Low came to 235.29 on MT4, was wondering if you had some longs from 235.50 also??

Don't let these guys harass ya too much, youv'e made the call on your system, it just depends on how much drawdown a trader can handle.

I took a scalp on EJ while ago, and was in a drawdown of 16 pips, not what I like, but felt it was going to plunge, and it did from my entry at 164.23.

Most would wonder why I exited so soon, my answer, "I trade a small chunck at a time, and exit large portion of my entries soon, and hold the remainder for such move that break the lows and continue."

Keep on pressing forward Fender man.


Ken
we had a more recent low at 235.33 it had looked as if 235.35 would hold as a higher low it has failed to do so I am still bullish on this pair above 235.00
  • #35,344
  • Oct 1, 2007 11:22pm Oct 1, 2007 11:22pm
Be careful with that bounce if you are planning to go long. Pair already gone for a 1hr 5sma retraco. It has enough energy to break supports..
  • #35,345
  • Oct 1, 2007 11:22pm Oct 1, 2007 11:22pm
4HR QQE5 crossed down. If the current 4HR candle closes BELOW TFT/GANN this is the confirmation? ...and Momentum is touching "0" line(downwards)
Please advise if I am correct.

Thanks Auslanco !

and everyone else....
  • #35,346
  • Oct 1, 2007 11:25pm Oct 1, 2007 11:25pm
Quoting Rustyyy
4HR QQE5 crossed down. If the current 4HR candle closes BELOW TFT/GANN this is the confirmation? ...and Momentum is touching "0" line(downwards)
Please advise if I am correct.

Thanks Auslanco !

and everyone else....
yess.. we can re-enter on a retracement after 8GMT 4hr confirmation. I'm still on with my 15min strategy trade to 234.95
  • #35,347
  • Oct 1, 2007 11:26pm Oct 1, 2007 11:26pm
closed
  • #35,348
  • Oct 1, 2007 11:26pm Oct 1, 2007 11:26pm
These Frankenfurters are real hotdogs.
  • #35,349
  • Oct 1, 2007 11:28pm Oct 1, 2007 11:28pm
Getting some sleep now as tonight/today was one of my best days in the forex market of my entire career. Forget sleep, Im calling up all my buddies and celebrating!
I dream, therefore I become.
  • #35,350
  • Oct 1, 2007 11:30pm Oct 1, 2007 11:30pm
WOW!! Auslanco. I just seen 234.95 on oanda. I been following this thread for about two week now and you are just amazing!!!
  • #35,351
  • Oct 1, 2007 11:30pm Oct 1, 2007 11:30pm
Quoting auslanco
Bro.. sent you a PM. Please read it when you are free.
Bro, I replied the PM to you.

Nice bounce here as you projected, I am one to wait for the Frankfurt to finish their business before I jump in on a trade.

I would like to take a short scalp from a bounce to 235.35, but I will be patient there for now. LOL
  • #35,352
  • Oct 1, 2007 11:32pm Oct 1, 2007 11:32pm
Quoting auslanco
yess.. we can re-enter on a retracement after 8GMT 4hr confirmation. I'm still on with my 15min strategy trade to 234.95
Aus Bro...didnt your target hit already 234.95?? FXCM low went to .86 so your TP should be hit, no??
  • #35,353
  • Oct 1, 2007 11:32pm Oct 1, 2007 11:32pm
Quoting mike w
Getting some sleep now as tonight/today was one of my best days in the forex market of my entire career. Forget sleep, Im calling up all my buddies and celebrating!
Congrats buddy, keep up the great work.

Don't spend it all partying. LOL
  • #35,354
  • Oct 1, 2007 11:37pm Oct 1, 2007 11:37pm
is it good for open long ?
  • #35,355
  • Oct 1, 2007 11:37pm Oct 1, 2007 11:37pm
Quoting pipslovah
Aus Bro...didnt your target hit already 234.95?? FXCM low went to .86 so your TP should be hit, no??
Went to make my self a coffee.. Just saw my TP was hit. Darn I hate when they hit my TP when I'm not on the computer. Totally manipulated by FXCM:

Anyway.. another successful 15min strategy trade.. 13/14
  • #35,356
  • Oct 1, 2007 11:41pm Oct 1, 2007 11:41pm
Quoting auslanco
Went to make my self a coffee.. Just saw my TP was hit. Darn I hate when they hit my TP when I'm not on the computer. Totally manipulated by FXCM:

Anyway.. another successful 15min strategy trade.. 13/14
Kudos!!
  • #35,357
  • Oct 1, 2007 11:43pm Oct 1, 2007 11:43pm
Quoting auslanco
Went to make my self a coffee.. Just saw my TP was hit. Darn I hate when they hit my TP when I'm not on the computer. Totally manipulated by FXCM:

Anyway.. another successful 15min strategy trade.. 13/14
GREAT!!! It would be very strange if yours never got hit and I set my TP same as yours, and mine got hit..CONGRATS!!!
Keep up the good work guys! I'm off to bed!!! Peace!
  • #35,358
  • Oct 1, 2007 11:45pm Oct 1, 2007 11:45pm
if closed below 235.25 at hourlies... we might just see 234.50
  • #35,359
  • Oct 1, 2007 11:46pm Oct 1, 2007 11:46pm
Anyone short?
  • #35,360
  • Oct 1, 2007 11:47pm Oct 1, 2007 11:47pm
Hello everyone, nice work Aus! I have been waiting for GJ to drop since this morning.. it finally does when I'm not in front of the computer

AUD $ has dropped a bit too.. good.. been waiting for that, think it should keep dropping till tomorrow's rate decision.
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