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

  • #36,901
  • Oct 4, 2007 10:17am Oct 4, 2007 10:17am
Quoting aediaz1
don't get tricked yet, can be same drama as the circle is pointing out on the picture

patience my friend-- my t/p will be hit-- im aiming for 238.05/15ish area first

according to all the bloody analysis i have on this trade--the only thing required is ---patience (karmos best friend)

t/p is set
im off to sleep-- chat at suhi time !
be well all.
  • #36,902
  • Oct 4, 2007 10:21am Oct 4, 2007 10:21am
Quoting Hakuna Matata
patience my friend-- my t/p will be hit-- im aiming for 238.05/15ish area first

according to all the bloody analysis i have on this trade--the only thing required is ---patience (karmos best friend)

t/p is set
im off to sleep-- chat at suhi time !
be well all.

Lets see where it goes, some more upside action would tempt me for long


BTW

What is 95% of the crowd doing now ? Shorting is my guess with tight S/L.

S/L 237.75 -.80 probably. Bounce up trigger many S/L then we might see some upside action.

My opinion

What do u guys/girls think ?
Measure twice, cut once
  • #36,903
  • Oct 4, 2007 10:23am Oct 4, 2007 10:23am
Quoting Zoran
The runner looks like this. Entry at 237.53 (bid - green dashed line) with original stop at 237.90 (ask - red dashed line) and open target. I would like to get at least 100 out of this one.
Are you goin short Zoran?
  • #36,904
  • Oct 4, 2007 10:24am Oct 4, 2007 10:24am
Quoting Hakuna Matata
patience my friend-- my t/p will be hit-- im aiming for 238.05/15ish area first

according to all the bloody analysis i have on this trade--the only thing required is ---patience (karmos best friend)

t/p is set
im off to sleep-- chat at suhi time !
be well all.
Im still going for 238.48..lol
  • #36,905
  • Oct 4, 2007 10:25am Oct 4, 2007 10:25am
Quoting PipChick
Are you goin short Zoran?
No, I am looking to enter long. I have 1 short entry from a trade I entered a few hours ago.
  • #36,906
  • Oct 4, 2007 10:28am Oct 4, 2007 10:28am
Quoting PipChick
Im still going for 238.48..lol
OK, my target was 238.00 and missed by 16 pips. I got fed up and closed it (not that high though). Someone is trying very hard to keep price away from 238.
  • #36,907
  • Oct 4, 2007 10:38am Oct 4, 2007 10:38am
Quoting Zoran
OK, my target was 238.00 and missed by 16 pips. I got fed up and closed it (not that high though). Someone is trying very hard to keep price away from 238.
Yes...someone (dont know who..lol) doesnt want the 238.00 to be hit but I dont think that someone has a choice..lol
  • #36,908
  • Oct 4, 2007 10:42am Oct 4, 2007 10:42am
Quoting PipChick
Yes...someone (dont know who..lol) doesnt want the 238.00 to be hit but I dont think that someone has a choice..lol
Depends how deep someone's pocket is. Looks fairly deep to me so I'll enter long if it empties.
  • #36,909
  • Oct 4, 2007 10:47am Oct 4, 2007 10:47am
Quoting karmostaji
4h chart is strongly bullish, I still expect it to go higher.

I don't think I really need to post anymore, we think enough alike
check out my blog: forexmademillionaire dot com
  • #36,910
  • Oct 4, 2007 10:50am Oct 4, 2007 10:50am
I hope everybody exited their long, because that was it.

Actually, probably not, but I entered a short with a tight stop if it was. I am not going long unless the employment report is positive for the stock market.
  • #36,911
  • Oct 4, 2007 10:52am Oct 4, 2007 10:52am
Just curious why anyone would be even contemplating shorting here . . .
check out my blog: forexmademillionaire dot com
  • #36,912
  • Oct 4, 2007 10:54am Oct 4, 2007 10:54am
Quoting markam
I hope everybody exited their long, because that was it.

Actually, probably not, but I entered a short with a tight stop if it was. I am not going long unless the employment report is positive for the stock market.

waiting for 4hr momentum to decide which way to go
  • #36,913
  • Oct 4, 2007 10:54am Oct 4, 2007 10:54am
Quoting Geppy
Just curious why anyone would be even contemplating shorting here . . .
We just hit the high, stock market is flat and the jobs report comes out tomorrow. I don't see the market pushing to a new high before tomorrow (if at all).
  • #36,914
  • Oct 4, 2007 10:56am Oct 4, 2007 10:56am
Quoting markam
I hope everybody exited their long, because that was it.

Actually, probably not, but I entered a short with a tight stop if it was. I am not going long unless the employment report is positive for the stock market.
I kept thinking 'this is it' and the beast kept slapping me right and left, so be careful markam
Trade what you see, not what you think.
  • #36,915
  • Oct 4, 2007 10:57am Oct 4, 2007 10:57am
Quoting karmostaji
I kept thinking 'this is it' and the beast kept slapping me right and left, so be careful markam
My stop is just high enough to let Zoran get his 238.
  • #36,916
  • Oct 4, 2007 10:57am Oct 4, 2007 10:57am
First of all, sorry for my bad English.

I think we could see a double top on 1h chart at 237.80-237.90 levles

and the target of this pattern is 236.00

Best regard
Trade at your own Risk
  • #36,917
  • Oct 4, 2007 10:58am Oct 4, 2007 10:58am
15 min:
QQE60 LONG
QQE5 LONG
QQ1 LONG

By the way, Aus is long also.

Off course anything could happen, but so far I am still long...

Good Trades to all

Pepe
  • #36,918
  • Oct 4, 2007 10:58am Oct 4, 2007 10:58am
Unless the Dow gets some momentum to go UP, the upside momentum for the GBP/JPY is weak. Also looks like market is waiting for NFP report tomorrow.

Just my 2 1/2 cents.

Where are the "mentors" today ? Just wondering.
  • #36,919
  • Oct 4, 2007 10:58am Oct 4, 2007 10:58am
Quoting markam
We just hit the high, stock market is flat and the jobs report comes out tomorrow. I don't see the market pushing to a new high before tomorrow (if at all).
I've known a lot of people that sell because prices are "too high" or buy because they are "too low". Needless to say, none of these same people are traders today, but there's always reincarnated versions of them to help me remember them.
check out my blog: forexmademillionaire dot com
  • #36,920
  • Oct 4, 2007 11:00am Oct 4, 2007 11:00am
The bulls has no more money to raise the price .....

Bears dont want to come down from tree either because of the cat.....
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