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

  • #37,181
  • Oct 5, 2007 12:31am Oct 5, 2007 12:31am
Quoting monarch
I originally thought 236.80, but it could reach 236.72, there area several hourly candles that support the 236.80 area, but there is also an hourly candle that could test the 236.72 line.

From there, I would have to see the formations of retracements.

Watching this trade, since I am bored and not trading anyways right now.

Anyone else have a trade open so I could watch. LOL

AUSLANCO, you have something???
Ken, I think it may well go to daily S1 support which is at 236.46 http://www.forexfactory.com/images/icons/icon10.gif
  • #37,182
  • Oct 5, 2007 12:32am Oct 5, 2007 12:32am
ouch!
  • #37,183
  • Oct 5, 2007 12:34am Oct 5, 2007 12:34am
this has got to have been the slowest money I have made, but at least i can say that got in at the absolute highest pip possible.
  • #37,184
  • Oct 5, 2007 12:35am Oct 5, 2007 12:35am
a close below the daily pivot 237.10 is good for shorts as all my indicators are pointing to south.
  • #37,185
  • Oct 5, 2007 12:37am Oct 5, 2007 12:37am
Quoting markam
this has got to have been the slowest money I have made, but at least i can say that got in at the absolute highest pip possible.
That was a bit gamble, wasn't it? :-p
j/k
  • #37,186
  • Oct 5, 2007 12:37am Oct 5, 2007 12:37am
Quoting markam
this has got to have been the slowest money I have made, but at least i can say that got in at the absolute highest pip possible.
so did I just in the wrong direction
  • #37,187
  • Oct 5, 2007 12:38am Oct 5, 2007 12:38am
Quoting FXStudent
a close below the daily pivot 237.10 is good for shorts as all my indicators are pointing to south.
except the daily chart of course
  • #37,188
  • Oct 5, 2007 12:43am Oct 5, 2007 12:43am
Quoting mktjong
That was a bit gamble, wasn't it? :-p
j/k
risk/reward. There seemed to be very little risk that GJ would set a new high before the jobs report.

Having said that, watch the brits come in and take it to 240.
  • #37,189
  • Oct 5, 2007 12:46am Oct 5, 2007 12:46am
Quoting mktjong
Ken, I think it may well go to daily S1 support which is at 236.46 http://www.forexfactory.com/images/icons/icon10.gif
Price came below the 237.15 on the 1min, I took short when price came back up to 237.18, waiting now for break below 237.00 then will see if I hang for more then that.

A scalper takes 10 pips and smiles, I am trying to hold out for continuations a bit more, but with smaller lots involved then my normal scalping amount.

Things we do for fun in a dead market. LOL.
  • #37,190
  • Oct 5, 2007 12:48am Oct 5, 2007 12:48am
will be lookin for long setups from here
short took ages to go into profit !!
proabably slow volatility till nfp
its setting its U and L range now
  • #37,191
  • Oct 5, 2007 12:50am Oct 5, 2007 12:50am
Quoting markam
risk/reward. There seemed to be very little risk that GJ would set a new high before the jobs report.

Having said that, watch the brits come in and take it to 240.
Now I have entered a short, I would expect the brits to take it up. LOL

That is always my luck when I take a trade outside my scalping style.

I am looking for price stall here at 237.20/21 then a drop for 65 pips to 236.56, near MKT target area.

This is a COWBOY Trade for sure, as AUSLANCO always says. LOL
  • #37,192
  • Oct 5, 2007 12:52am Oct 5, 2007 12:52am
Quoting monarch
Price came below the 237.15 on the 1min, I took short when price came back up to 237.18, waiting now for break below 237.00 then will see if I hang for more then that.

A scalper takes 10 pips and smiles, I am trying to hold out for continuations a bit more, but with smaller lots involved then my normal scalping amount.

Things we do for fun in a dead market. LOL.
Let's ride this baby down ... yes it's such a dead market now that I'm growing spuds.
May the Pips be with You Let's Pimp some Pips!
  • #37,193
  • Oct 5, 2007 12:54am Oct 5, 2007 12:54am
price will go back up to 237.35 area 1hr 5sma
  • #37,194
  • Oct 5, 2007 12:57am Oct 5, 2007 12:57am
Quoting monarch
Now I have entered a short, I would expect the brits to take it up. LOL

That is always my luck when I take a trade outside my scalping style.

I am looking for price stall here at 237.20/21 then a drop for 65 pips to 236.56, near MKT target area.

This is a COWBOY Trade for sure, as AUSLANCO always says. LOL
Use scalp technique.. to see the price go high, so should have long ; )
  • #37,195
  • Oct 5, 2007 1:02am Oct 5, 2007 1:02am
their goes my short... bear trap

will leave it open
  • #37,196
  • Oct 5, 2007 1:02am Oct 5, 2007 1:02am
Quoting monarch
Now I have entered a short, I would expect the brits to take it up. LOL

That is always my luck when I take a trade outside my scalping style.

I am looking for price stall here at 237.20/21 then a drop for 65 pips to 236.56, near MKT target area.

This is a COWBOY Trade for sure, as AUSLANCO always says. LOL

bro--i dont know why u took the short
there is v v v strong S at 237 and 10-20pips just below that---i discussed this all yesterday--hence my t/p was just below 237.15
this is going to range and i just posted above its craetin an Upper and lower boiund

are u still holding??
  • #37,197
  • Oct 5, 2007 1:04am Oct 5, 2007 1:04am
why are u all goin short??
short entry was at 237.40ish
or otherwise close below 50ema/1hr

chk 1 hr chart 50ema---and once again u'll be amazed !!!!!
  • #37,198
  • Oct 5, 2007 1:05am Oct 5, 2007 1:05am
short 237.40
  • #37,199
  • Oct 5, 2007 1:06am Oct 5, 2007 1:06am
Quoting 59fender
short 237.40
and what your s/l buddy??---why are u short--or is this a scalp??
  • #37,200
  • Oct 5, 2007 1:07am Oct 5, 2007 1:07am
Quoting 59fender
short 237.40

what happened to your long?
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