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

  • #36,321
  • Oct 3, 2007 7:37am Oct 3, 2007 7:37am
Quoting wog
i am so scared, cos my menthol aus has not said any thing yet?????
Menthol? Take your socks out of your mouth before posting in this thread so people can understand you! We know from previous posts that you can spell four-letter words correctly. Can you read as well? Aus said just a couple of pages ago that he was done for the day because of a couple of losses. There are times when it's best to just step away from the computer for a while. Some of you need to learn that as well. I would say if you're scared it would be a really good time to pull the plug for a month or so. Ayyyyyyyyy! They're coming out of the woodwork again!

M2B
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  • #36,322
  • Oct 3, 2007 7:38am Oct 3, 2007 7:38am
Quoting wog
i am so scared, cos my menthol aus has not said any thing yet?????
u can check from the member's viewing list that your menthol is not here, he had some spicy trade a while back and now need to refresh.
  • #36,323
  • Oct 3, 2007 7:39am Oct 3, 2007 7:39am
Theres also a pretty big wedge on the GJ chart, if we do get to 238 now then hes gonna drop alot
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  • #36,324
  • Oct 3, 2007 7:41am Oct 3, 2007 7:41am
Quoting my2buoys
Menthol? Take your socks out of your mouth before posting in this thread so people can understand you! We know from previous posts that you can spell four-letter words correctly. Can you read as well? Aus said just a couple of pages ago that he was done for the day because of a couple of losses. There are times when it's best to just step away from the computer for a while. Some of you need to learn that as well. I would say if you're scared it would be a really good time to pull the plug for a month or so. Ayyyyyyyyy! They're coming out of the woodwork again!

M2B
Why are you being mean to wog M2b? Am I missing something?
  • #36,325
  • Oct 3, 2007 7:51am Oct 3, 2007 7:51am
This baby is going up.

(Major S/R level highlighted)

Jim
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #36,326
  • Oct 3, 2007 7:54am Oct 3, 2007 7:54am
mann .. this pair could go way up ..but I try not to trade anymore in NY. Exercising my discipline & resist the temptation http://www.forexfactory.com/images/icons/icon10.gif
By the way, I did check my spelling before posting http://www.forexfactory.com/images/icons/icon10.gif http://www.forexfactory.com/images/icons/icon10.gif
  • #36,327
  • Oct 3, 2007 7:55am Oct 3, 2007 7:55am
Quoting peterM
its possible.. it just broke mondays high then retraced.. Could be a good entry if there is going to be a follow through..
Yes, it turned out to be the case... I have noticed so often.. When resistance breaks, there is usually a retracement then a follow through afterwards.. buying the retracement seems to be a fairly consistant trade... Did anyone else trade this?
  • #36,328
  • Oct 3, 2007 7:56am Oct 3, 2007 7:56am
Quoting RoWkIlLa
Theres also a pretty big wedge on the GJ chart, if we do get to 238 now then hes gonna drop alot

Hey dude,

Take a look at the four hour, daily, and weekly. The breakout of that converging triangle is what began this little bull run, any dips should be bought. like i've been saying last 2 days.
  • #36,329
  • Oct 3, 2007 7:57am Oct 3, 2007 7:57am
so where are the experts now after we broke the day high and resistance @ 237.50 what is next???

what target do you set 238? or higher??

thks
  • #36,330
  • Oct 3, 2007 7:59am Oct 3, 2007 7:59am
Quoting anti-pip
so where are the experts now after we broke the day high and resistance @ 237.50 what is next???

what target do you set 238? or higher??

thks
Im not one of the experts but my second target remains at 238.48
  • #36,331
  • Oct 3, 2007 8:03am Oct 3, 2007 8:03am
Zoran's chart was perfect He needs to draw some more!
  • #36,332
  • Oct 3, 2007 8:03am Oct 3, 2007 8:03am
but will watch carefully 238 238, or any retracement on close below fibo level for taking profits.

Pepe
no one of these experts, but a professional currency trader.
  • #36,333
  • Oct 3, 2007 8:04am Oct 3, 2007 8:04am
Quoting mktjong
mann .. this pair could go way up ..but I try not to trade anymore in NY. Exercising my discipline & resist the temptation http://www.forexfactory.com/images/icons/icon10.gif
By the way, I did check my spelling before posting http://www.forexfactory.com/images/icons/icon10.gif http://www.forexfactory.com/images/icons/icon10.gif
I share your sentiments dude, it reached my TP so I'm happy, just wanna enjoy my evening and the fact that I have to wake up so early in the morning.

Discipline and temptation is difficult indeed. I'm probably taking 2 weeks off LIVE trading, busy month. See you during Japan Hour and good luck everyone
May the Pips be with You Let's Pimp some Pips!
  • #36,334
  • Oct 3, 2007 8:05am Oct 3, 2007 8:05am
Quoting privatefr
but will watch carefully 238 238, or any retracement on close below fibo level for taking profits.

Pepe
no one of these experts, but a professional currency trader.
Also keep a watch on UJ at 117 level.
  • #36,335
  • Oct 3, 2007 8:05am Oct 3, 2007 8:05am
Did anyone manage to get the daily pivot for the NY session by the way?
May the Pips be with You Let's Pimp some Pips!
  • #36,336
  • Oct 3, 2007 8:05am Oct 3, 2007 8:05am
Motion approved!!!

Pepe
  • #36,337
  • Oct 3, 2007 8:05am Oct 3, 2007 8:05am
Quoting PipChick
Why are you being mean to wog M2b? Am I missing something?
I am not being mean. This is not Dr. Phil's Sensitvity Thread. It's a thread for people who want to learn how to trade and in due process contribute helpful info of their own. I just woke up myself and went back and read/filtered/breezed through the last 20 pages I missed while I was asleep. There are way too many people in this thread unwilling to do that and yet that is the only way they are going to learn. Nobody has time to go through a few pages. "Tell me what to do, Mr. Aus. Long or Short? What's my TP? What's my SL? Could you please wipe my nose for me while you're at it, Aus?" Go through the last 10 to 20 pages of this thread and you'll find it loaded with 50% unneccesary garbage, and most of it comes from single digit posters. I know everybody has to start somewhere, but listen up newbies, if you're going to take up time and space to post in a thread like this, make it worthwhile. Don't come in here and say you've been following this thread for a while and you like what you see and, 'Oh, by the way, what indicators do you guys use?'. IF YOU'VE BEEN FOLLOWING THIS THREAD FOR A WHILE THEN YOU SHOULD KNOW WHAT INDICATORS ARE BEING USED! Look at Aus's signature and go to the stinkin' links in it and see what this thread is all about. And by the way, Pipchick, this tirade was not directed toward you. You have contributed wonderfully to this thread recently. You're question about Wog was just the springboard to remind the newbies about the rules in this thread. Go back and read the 16 postings Mr. Wog has 'contributed(?)' to this thread and you'll know why I responded the way I did. You let one knucklehead get his foot in the door and all the otheres start thinking it's OK to throw in their own rubbish. That's enough. I'm done for now.

M2B
  • #36,338
  • Oct 3, 2007 8:06am Oct 3, 2007 8:06am
Quoting privatefr
Motion approved!!!

Pepe
Haha..and tomorrow's the big day.

Edit - I agree with my2b. Most people ask questions and they don't know the basics like what an Asian session is. Or stuff like 'Do you think NFP will affect the markets?' I mean come on.. do your homework and basic forex education beforehand.. this is not the "Forex for dummies" thread.
  • #36,339
  • Oct 3, 2007 8:07am Oct 3, 2007 8:07am
Quoting PipChick
Im not one of the experts but my second target remains at 238.48
This could go as high as 238.80 but my TP is set to 238.00. This area around 237.5 could cause some problems resistance wise.
  • #36,340
  • Oct 3, 2007 8:07am Oct 3, 2007 8:07am
Other S/R (mainly R) highlighted in red.

Jim
Attached Image
Indicators show the past. Price Action "Indicates" the future.
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