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

  • #35,541
  • Oct 2, 2007 5:35am Oct 2, 2007 5:35am
Quoting sameer
Is it good still for long ?
TILL PRICE IS ABOVE DAILY PIVOT THEN LONG BE SAFE.
  • #35,542
  • Oct 2, 2007 5:35am Oct 2, 2007 5:35am
Quoting sameer
Is it good still for long ?
going through a small retracement. System still shows 15min long.
  • #35,543
  • Oct 2, 2007 5:35am Oct 2, 2007 5:35am
Haku, this is where 236.08 becomes a support right?
  • #35,544
  • Oct 2, 2007 5:40am Oct 2, 2007 5:40am
Quoting VishalJ
Haku, this is where 236.08 becomes a support right?
nah--support is 235.84--50ema/15min
  • #35,545
  • Oct 2, 2007 5:40am Oct 2, 2007 5:40am
Quoting shahroodi
TILL PRICE IS ABOVE DAILY PIVOT THEN LONG BE SAFE.
& what is DAILY PIVOT
  • #35,546
  • Oct 2, 2007 5:41am Oct 2, 2007 5:41am
Quoting sameer
& what is DAILY PIVOT
currently 235.75 ish
  • #35,547
  • Oct 2, 2007 5:42am Oct 2, 2007 5:42am
Quoting sameer
& what is DAILY PIVOT
FOR LONDON SESSION IS ABOUT 235.78.
  • #35,548
  • Oct 2, 2007 5:49am Oct 2, 2007 5:49am
my current 4hr candle closes in 2hr 15min
last 4hr candle closed as doji
according to candlestick pattern i want this 4hr candle to close above 236.15ish to drive this mother further UP

---my first t/p is 237.10 at 200sma daily( yesterdays candle made high at 200sma daily)...................MR1 is at 237.28 so confluence inthat area

--2nd t/p is at 100sma daily 239.61

i dont hink ill be holding till 100 sma though

ill bank half profits at 50-70 pips probably and rest at my firts t/p

ill exit on 30min/1hr rev for this trade
  • #35,549
  • Oct 2, 2007 5:59am Oct 2, 2007 5:59am
im long g/u at 2.0390
s/l 20 pips t/p 50 pips
  • #35,550
  • Oct 2, 2007 6:01am Oct 2, 2007 6:01am
Quoting Hakuna Matata
my current 4hr candle closes in 2hr 15min
last 4hr candle closed as doji
according to candlestick pattern i want this 4hr candle to close above 236.15ish to drive this mother further UP

---my first t/p is 237.10 at 200sma daily( yesterdays candle made high at 200sma daily)...................MR1 is at 237.28 so confluence inthat area

--2nd t/p is at 100sma daily 239.61

i dont hink ill be holding till 100 sma though

ill bank half profits at 50-70 pips probably and rest at my firts t/p

ill exit on 30min/1hr rev for this trade
thnaks, hakuna - very explanatory!
  • #35,551
  • Oct 2, 2007 6:02am Oct 2, 2007 6:02am
Tell GU to hurry up and hit your target TP so GJ can rush up too lol
  • #35,552
  • Oct 2, 2007 6:05am Oct 2, 2007 6:05am
Quoting VishalJ
Tell GU to hurry up and hit your target TP so GJ can rush up too lol

i know--i enter and the stupid thing collapses on me--lol
ah well-- i guess it wants me to give some pips back
  • #35,553
  • Oct 2, 2007 6:21am Oct 2, 2007 6:21am
Do you guys usually /ever check what the most correlating pair is doing before you open (like here euro is going down and draging cable with it)? Could this kind of check be part of the system, or would things just get too complicated if you needed to "analyse" those as well?

R

Quoting Hakuna Matata
im long g/u at 2.0390
s/l 20 pips t/p 50 pips
  • #35,554
  • Oct 2, 2007 6:22am Oct 2, 2007 6:22am
Quoting Hakuna Matata
i know--i enter and the stupid thing collapses on me--lol
ah well-- i guess it wants me to give some pips back
looks like we r stuck on the 4hr 5 sma. need a clear close above this or my long may be in trouble. Hey Hakuna, didn't u know, his is "No Giving Pips back Tuesday"!!!!
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #35,555
  • Oct 2, 2007 6:25am Oct 2, 2007 6:25am
Quoting Hakuna Matata
im long g/u at 2.0390
s/l 20 pips t/p 50 pips
daily s1 for g/u is at 2.0374 --a close below that ill exit
  • #35,556
  • Oct 2, 2007 6:28am Oct 2, 2007 6:28am
Quoting Rocroy
Do you guys usually /ever check what the most correlating pair is doing before you open (like here euro is going down and draging cable with it)? Could this kind of check be part of the system, or would things just get too complicated if you needed to "analyse" those as well?

R

g/u and e/u does not always (actually in many occasions) correlate
thats when u see action in eur/gbp then
but tight now there is definately correlation--im aware of that--bloody e/u !
  • #35,557
  • Oct 2, 2007 6:31am Oct 2, 2007 6:31am
i feeel like closing all trades and go to sleep
im still up 190 for the day
g/u should crack higher now---cmon-- gimme ma pips
  • #35,558
  • Oct 2, 2007 6:34am Oct 2, 2007 6:34am
Quoting Hakuna Matata
i feeel like closing all trades and go to sleep
im still up 190 for the day
g/u should crack higher now---cmon-- gimme ma pips
Sleep? I need it more! It's 4.35 am here. I think this is waiting for NY..

Hopefully I'll get out before the home sales report. I doubt it would surprise with a stronger than expected number. Oh well, even if it's weak, markets will probably shrug it off.. ticking markam off even more :
  • #35,559
  • Edited 7:22am Oct 2, 2007 6:36am | Edited 7:22am
Quoting Hakuna Matata
bro can u PM me that indicator for the ichimoke please!
i dont have it here on my work comp--ty
Thanks, Hakuna. Now I know why doctors are always behind on their scheduled appointments: they're back in their stinkin' offices trading forex! Seriously, the next time I sign in at a doctor's office, and they tell me the Doc will be with me in a few minutes, before they shut that little window I'm just gonna yell, "Hey, Doc, short the stinkin' GBP/JPY and get on with your patients, would ya'?"

M2B
  • #35,560
  • Oct 2, 2007 6:40am Oct 2, 2007 6:40am
Quoting my2buoys
Thanks, Hakuna. Now I know why doctors are always behind on their scheduled appointments: they're back in their stinkin' offices trading forex! Seriously, the next time I sign in at a doctor's office, and they tell me the Doc will be with me in a few minutes, before they shut that little window I'm just gonna yell, "Hey, Doc, short the stinkin' GFP/JPY and get on with your patients, would ya'?"

M2B

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