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

  • #35,341
  • Oct 2, 2007 1:20am Oct 2, 2007 1:20am
still being careful--ldn doesnt reverse this--if ldn boys join the down ride--then aus tgts for today for sure
  • #35,342
  • Oct 2, 2007 1:20am Oct 2, 2007 1:20am
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 2, 2007 1:21am Oct 2, 2007 1:21am
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 2, 2007 1:22am Oct 2, 2007 1:22am
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 2, 2007 1:22am Oct 2, 2007 1:22am
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 2, 2007 1:25am Oct 2, 2007 1:25am
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 2, 2007 1:26am Oct 2, 2007 1:26am
closed
  • #35,348
  • Oct 2, 2007 1:26am Oct 2, 2007 1:26am
These Frankenfurters are real hotdogs.
  • #35,349
  • Oct 2, 2007 1:28am Oct 2, 2007 1:28am
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 2, 2007 1:30am Oct 2, 2007 1:30am
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 2, 2007 1:30am Oct 2, 2007 1:30am
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 2, 2007 1:32am Oct 2, 2007 1:32am
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 2, 2007 1:32am Oct 2, 2007 1:32am
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 2, 2007 1:37am Oct 2, 2007 1:37am
is it good for open long ?
  • #35,355
  • Oct 2, 2007 1:37am Oct 2, 2007 1:37am
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 2, 2007 1:41am Oct 2, 2007 1:41am
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 2, 2007 1:43am Oct 2, 2007 1:43am
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 2, 2007 1:45am Oct 2, 2007 1:45am
if closed below 235.25 at hourlies... we might just see 234.50
  • #35,359
  • Oct 2, 2007 1:46am Oct 2, 2007 1:46am
Anyone short?
  • #35,360
  • Oct 2, 2007 1:47am Oct 2, 2007 1:47am
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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