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

  • #36,821
  • Oct 4, 2007 6:13am Oct 4, 2007 6:13am
Quoting VishalJ
I was expecting this to shoot up more.. considering that it had dropped so much. I was looking at a target of 2.0400, but then decided not to get greedy. BoE didn't come out with any statement accompanying this decision (at least I don't see anything anywhere on my news screen)

it still could got ot there
  • #36,822
  • Oct 4, 2007 6:13am Oct 4, 2007 6:13am
Quoting Hakuna Matata
lol--ure the funniest guy here dude!--u sure it wasnt 55?
just kiddin
I wish bro! This one was a 1 pip = $400 When I closed my position I swear I thought it was 45 pips and I was all excited.. but stupid CNX closed it 10 pips lower (I used market order instead of limit) Ahh, a profit is a profit.. but you know how gujjus moan over potential profit being given away!
  • #36,823
  • Oct 4, 2007 6:16am Oct 4, 2007 6:16am
Quoting VishalJ
I wish bro! This one was a 1 pip = $400 When I closed my position I swear I thought it was 45 pips and I was all excited.. but stupid CNX closed it 10 pips lower (I used market order instead of limit) Ahh, a profit is a profit.. but you know how gujjus moan over potential profit being given away!

uve got a snap shot of your trade? lol
  • #36,824
  • Oct 4, 2007 6:17am Oct 4, 2007 6:17am
Our fearless manager's trade is still open!
  • #36,825
  • Oct 4, 2007 6:21am Oct 4, 2007 6:21am
Quoting rodders
Our fearless manager's trade is still open!
to succeed, one must remove fear & greed.
Stay calm always and look for potential success
  • #36,826
  • Oct 4, 2007 6:22am Oct 4, 2007 6:22am
Quoting VishalJ
I was expecting this to shoot up more.. considering that it had dropped so much. I was looking at a target of 2.0400, but then decided not to get greedy. BoE didn't come out with any statement accompanying this decision (at least I don't see anything anywhere on my news screen)
They don't normally issue a statement when the rate is unchanged, however,
they will be breaking this rule and issue a statement somethime later.

I had expected no change. In this case that fact that they did not follow suit
with the US and hike, was seen as bullish.

I was shooting for 60 pips, but got out with 31.
  • #36,827
  • Oct 4, 2007 6:22am Oct 4, 2007 6:22am
Quoting Syafi
to succeed, one must remove fear & greed.
Stay calm always and look for potential success

bro--hows it going with the rainbow scalping?--any tips u can share w me?
  • #36,828
  • Oct 4, 2007 6:26am Oct 4, 2007 6:26am
Quoting FXStudent
my fellow spartans.. tonight The world will know that free men stood against a giant bear, that few stood against many, and that before this battle is over, even a good-trader can bleed. sp please be carfull or i shall see you in pip heaven... good luck all.

Actually...i quite like that...baby...

SPARTAN!!!!! - HUH!!!!!!
  • #36,829
  • Oct 4, 2007 6:27am Oct 4, 2007 6:27am
Quoting Hakuna Matata
bro--hows it going with the rainbow scalping?--any tips u can share w me?
scalping is the easiest way to trade in my opinion.
up down up down.......all green pips << just like this guy face
okay okay I admit some time its like this guy >> .
still its one of the most profitable trading system,

no need to make complex calculation ..... see the price action, & join its ride.
  • #36,830
  • Oct 4, 2007 6:29am Oct 4, 2007 6:29am
Quoting Syafi
scalping is the easiest way to trade in my opinion.
up down up down.......all green pips << just like this guy face

no need to make complex calculation ..... see the price action, & join its ride.

bro--im not askin about how scalpin as trading is
saclping is part of me every single fx day--its more of an addiction to me then my regular trades
i was just askin how u find scalping using linux rainbow technique?
  • #36,831
  • Oct 4, 2007 6:29am Oct 4, 2007 6:29am
Bearish bat completed on the 15min. Ideal short entry would be in the 237.60s and stop in the 238.80s. Low risk but probably too late to enter. I was posting this setup in another thread as I didn't want to interfere with Aus's long call.
Attached Image (click to enlarge)
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  • #36,832
  • Oct 4, 2007 6:31am Oct 4, 2007 6:31am
Quoting Hakuna Matata
bro--im not askin about how scalpin as trading is
saclping is part of me every single fx day--its more of an addiction to me then my regular trades
i was just askin how u find scalping using linux rainbow technique?
rainbow make it easier to see price action.
  • #36,833
  • Oct 4, 2007 6:39am Oct 4, 2007 6:39am
Quoting Big Bruv
Actually...i quite like that...baby...

SPARTAN!!!!! - HUH!!!!!!
Spartans! Prepare for glory!
We did what we were trained to do, what we were bred to do, what we were born to do!

one Hundred pips!! ha ha ha ha ha!!
  • #36,834
  • Oct 4, 2007 6:40am Oct 4, 2007 6:40am
Quoting Zoran
Bearish bat completed on the 15min. Ideal short entry would be in the 237.60s and stop in the 238.80s. Low risk but probably too late to enter. I was posting this setup in another thread as I didn't want to interfere with Aus's long call.

bro ideal 1st tgts would be 50 and 61.8% fib of CD first--correct?
  • #36,835
  • Oct 4, 2007 6:45am Oct 4, 2007 6:45am
Quoting Hakuna Matata
bro ideal 1st tgts would be 50 and 61.8% fib of CD first--correct?
I normally aim for 127% but play it with MM to get what I can. I managed to get 80 pips (60 + 20) on the CD leg but closed just before news otherwise I would have got the full 220 (140 + 80 on 2 entries).
  • #36,836
  • Oct 4, 2007 6:46am Oct 4, 2007 6:46am
How do you see Eur/jpy? I believe you're short on Eur/USD


Quoting Zoran
Bearish bat completed on the 15min. Ideal short entry would be in the 237.60s and stop in the 238.80s. Low risk but probably too late to enter. I was posting this setup in another thread as I didn't want to interfere with Aus's long call.
  • #36,837
  • Oct 4, 2007 6:47am Oct 4, 2007 6:47am
Quoting Zoran
Bearish bat completed on the 15min. Ideal short entry would be in the 237.60s and stop in the 238.80s. Low risk but probably too late to enter. I was posting this setup in another thread as I didn't want to interfere with Aus's long call.


just to point out on this bro-- your entry mentioned above is spot on but not the s/l

s/l would be actually just a few pips higher then X-- coz if u took the trade according to thsi setup --then the pattern would become invalid if it goes towwrds and higher then X

(unless u meant 237.80's as the s/l and it was just a typo)
  • #36,838
  • Oct 4, 2007 6:49am Oct 4, 2007 6:49am
Quoting Zoran
I normally aim for 127% but play it with MM to get what I can. I managed to get 80 pips (60 + 20) on the CD leg but closed just before news otherwise I would have got the full 220 (140 + 80 on 2 entries).

excellent --i actually read that u picked up the pattern b4 hand--nice one!
please keep us posted here too bro when u notice such harmonic patterns forming in advance--cheers
  • #36,839
  • Oct 4, 2007 6:52am Oct 4, 2007 6:52am
Quoting Hakuna Matata
uve got a snap shot of your trade? lol
I'm trying to send it to you.. but it's not possible to send attachments via PM?

Edit - Even ECB kept it unchanged. Boring.
  • #36,840
  • Oct 4, 2007 6:56am Oct 4, 2007 6:56am
If anyone's interested.. there's apparently a huge option strike for USD/JPY dated for Oct 26 (at 119.25 - which is almost 300 pips away) Hopefully more information will come in regarding the volume.
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