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

  • #36,881
  • Oct 4, 2007 8:51am Oct 4, 2007 8:51am
baby bull then hakuna gee not much ghee
  • #36,882
  • Oct 4, 2007 9:38am Oct 4, 2007 9:38am
needs to clear yesterady high--237.85ish--cmon baby !
as long as this 15 min candle doesnt become a doji/spinning top/inverted hammer--the path is all clear---according to what i see
  • #36,883
  • Oct 4, 2007 9:38am Oct 4, 2007 9:38am
Nobody talking about our long trade?

Very rare!!

Good Trades to all.

Pepe
  • #36,884
  • Oct 4, 2007 9:40am Oct 4, 2007 9:40am
Hey Zoran,

Did u close that short or is it still open or stopped in profit?
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #36,885
  • Oct 4, 2007 9:42am Oct 4, 2007 9:42am
I have one question.

why was everyone shorting and screaming 235, 234, and 233?
Trade what you see, not what you think.
  • #36,886
  • Oct 4, 2007 9:43am Oct 4, 2007 9:43am
Quoting karmostaji
I have one question.

why was everyone shorting and screaming 235, 234, and 233?
catching the fling knife.......... short at top of resistance and hope it come down
  • #36,887
  • Oct 4, 2007 9:46am Oct 4, 2007 9:46am
Quoting Hakuna Matata
bro ideal 1st tgts would be 50 and 61.8% fib of CD first--correct?

zoran--according to what i had posted above re: bearish bat--we had a perfect bounce off the 61.8% of CD
  • #36,888
  • Oct 4, 2007 9:46am Oct 4, 2007 9:46am
Quoting karmostaji
I have one question.

why was everyone shorting and screaming 235, 234, and 233?

I was wondering the same thing (when it was happening). I had some shorts on, but I didn't expect the drop everyone was screaming for. I took them all off for a nice profit and helped protect my overall position during the rate announcement. We're back to bull operations now and I see a clear road to 238.50/90ish once the 237.85 area is cleared.
check out my blog: forexmademillionaire dot com
  • #36,889
  • Oct 4, 2007 9:47am Oct 4, 2007 9:47am
Quoting Syafi
catching the fling knife.......... short at top of resistance and hope it come down
It was a retrace to daily 5sma, if everyone had a look at the daily momentum when the candle opened, it was very obvious. Anyways, I just got home after finishing 2 more exams, staying out of the market until things are clearer.
Trade what you see, not what you think.
  • #36,890
  • Oct 4, 2007 9:47am Oct 4, 2007 9:47am
Quoting moneymagnet
Hey Zoran,

Did u close that short or is it still open or stopped in profit?
Zoran closed the Short before 7 am news........
  • #36,891
  • Oct 4, 2007 9:48am Oct 4, 2007 9:48am
Quoting Geppy
I was wondering the same thing (when it was happening). I had some shorts on, but I didn't expect the drop everyone was screaming for. I took them all off for a nice profit and helped protect my overall position during the rate announcement. We're back to bull operations now and I see a clear road to 238.50/90ish once the 237.85 area is cleared.
It should reach the daily 61.8% fibo @ 238.95, until then I'm out
Trade what you see, not what you think.
  • #36,892
  • Oct 4, 2007 9:48am Oct 4, 2007 9:48am
This fans have worked out fine so far, this is the fifth time this lvl is tested (237.60 ), a close above would give upside action.

TF is 30
Attached Image (click to enlarge)
Click to Enlarge Name: hj.gif Size: 22 KB
Measure twice, cut once
  • #36,893
  • Oct 4, 2007 9:50am Oct 4, 2007 9:50am
Quoting aediaz1
This fans have worked out fine so far, this is the fifth time this lvl is tested (237.60 ), a close above would give upside action.

TF is 30
  • #36,894
  • Oct 4, 2007 9:54am Oct 4, 2007 9:54am
need a close above 237.64 this 1/2 hr candle
  • #36,895
  • Oct 4, 2007 9:56am Oct 4, 2007 9:56am
Quoting Hakuna Matata
need a close above 237.64 this 1/2 hr candle

now--it would be ironic again if it closes just there !! --lol
  • #36,896
  • Oct 4, 2007 9:59am Oct 4, 2007 9:59am
Quoting moneymagnet
Hey Zoran,

Did u close that short or is it still open or stopped in profit?
All of the above. I go in with multiples. I take some off, set stops and leave a small runner just in case. At the moment, my runner is left but looks like he might get hit

Basic MM: I nearly always take one entry off for +50 and set stop to be+1 on remaining. Depending on the setup, I may have a runner.
  • #36,897
  • Oct 4, 2007 10:03am Oct 4, 2007 10:03am
Quoting Zoran
All of the above. I go in with multiples. I take some off, set stops and leave a small runner just in case. At the moment, my runner is left but looks like he might get hit

Basic MM: I nearly always take one entry off for +50 and set stop to be+1 on remaining. Depending on the setup, I may have a runner.

Thanks
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #36,898
  • Oct 4, 2007 10:04am Oct 4, 2007 10:04am
don't get tricked yet, can be same drama as the circle is pointing out on the picture
Attached Image (click to enlarge)
Click to Enlarge Name: hj1.gif Size: 21 KB
Measure twice, cut once
  • #36,899
  • Edited 10:48am Oct 4, 2007 10:16am | Edited 10:48am
The runner looks like this. Entry at 237.53 (bid - green dashed line) with original stop at 237.90 (bid - red dashed line) and open target. I would like to get at least 100 out of this one.
Attached Image (click to enlarge)
Click to Enlarge Name: guppy15min-trade7.gif Size: 14 KB
  • #36,900
  • Oct 4, 2007 10:17am Oct 4, 2007 10:17am
4h chart is strongly bullish, I still expect it to go higher.
Trade what you see, not what you think.
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