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

  • #37,941
  • Oct 8, 2007 6:27pm Oct 8, 2007 6:27pm
Quoting markam
If it keeps going down, next stop should be below 237.5.

I'm expecting it to touch 238.15 before a bounce from Daily 5sma. London may break that daily 5sma level.
  • #37,942
  • Oct 8, 2007 6:29pm Oct 8, 2007 6:29pm
Quoting Geppy
Sorry, we're too busy loadin' the truck for the long haul . . .
where do you guys place your SL. Just curious.
  • #37,943
  • Oct 8, 2007 6:32pm Oct 8, 2007 6:32pm
Quoting auslanco
where do you guys place your SL. Just curious.
at my signature aus
  • #37,944
  • Oct 8, 2007 6:34pm Oct 8, 2007 6:34pm
Quoting Hakuna Matata
at my signature aus
bro.. have you change your name to Geppy.
  • #37,945
  • Oct 8, 2007 6:36pm Oct 8, 2007 6:36pm
Quoting mktjong
Gimme 10 more pips then my 15 min strategy tp will be hit .. cool
TP hit
  • #37,946
  • Oct 8, 2007 6:37pm Oct 8, 2007 6:37pm
Quoting auslanco
when the 10C Mom indicator is pointing the opposite direction to the 5sma or Gann there's always a bounce.
You can observe this on smaller TF(1hr below)
I might be following you now. Is this sudden downturn that we're getting the result of price bouncing off the monthly 5sma, while moving up? And the reason it bounced is because the momentum indicator was pointing down?

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  • #37,947
  • Oct 8, 2007 6:39pm Oct 8, 2007 6:39pm
Quoting auslanco
bro.. have you change your name to Geppy.
I think he means their SL can be found in his signature ---213.

M2B
  • #37,948
  • Oct 8, 2007 6:41pm Oct 8, 2007 6:41pm
Quoting my2buoys
I think he means their SL can be found in his signature ---213.

M2B
Since I believe we are heading to 210, their SL is still going to be hit.
  • #37,949
  • Oct 8, 2007 6:41pm Oct 8, 2007 6:41pm
Quoting auslanco
I'm expecting it to touch 238.15 before a bounce from Daily 5sma. London may break that daily 5sma level.
Aus,

Just to be clear. Are you saying that your Daily 5SMA is around 238.15?

M2B
  • #37,950
  • Oct 8, 2007 6:42pm Oct 8, 2007 6:42pm
Quoting my2buoys
I think he means their SL can be found in his signature ---213.

M2B
Oh ok.. LOL. Darn.. Hakuna is mean.
  • #37,951
  • Oct 8, 2007 6:44pm Oct 8, 2007 6:44pm
Quoting my2buoys
Aus,

Just to be clear. Are you saying that your Daily 5SMA is around 238.15?

M2B
FXDD MT4 is.. Daily Momentum is pointing up... There could be a bounce up to 1hr 5sma or even 4he 5sma before London start
  • #37,952
  • Oct 8, 2007 6:47pm Oct 8, 2007 6:47pm
Dear all,
I was always sucked by GBP/JPY,up to now losing around 0.6million$.Eagerly wondering if anybody could provide me some effective scalping or trading strategies for GBP/JPY,free or paid does not matter.
Forex for living now
Regards
Ele
  • #37,953
  • Oct 8, 2007 6:50pm Oct 8, 2007 6:50pm
Quoting mktjong
Gimme 10 more pips then my 15 min strategy tp will be hit .. cool
Quoting mktjong
TP hit
Good job everyone

Well, actually I exited earlier before the tp hit. I would have collected more pips if I stayed as it hit the tp anyway. Need more practicing my trading skills and confidence level http://www.forexfactory.com/images/icons/icon10.gif
  • #37,954
  • Oct 8, 2007 6:54pm Oct 8, 2007 6:54pm
Quoting ele
Dear all,
I was always sucked by GBP/JPY,up to now losing around 0.6million$.Eagerly wondering if anybody could provide me some effective scalping or trading strategies for GBP/JPY,free or paid does not matter.
Forex for living now
Regards
Ele
  • #37,955
  • Oct 8, 2007 6:56pm Oct 8, 2007 6:56pm
hay auslanco,

i normaly trade for 100 pips althought i am thinking about holding this one for like 250 or more shorted at 239.05 and i have seen you normaly go for more than 100 pips just wanted to know what you think.

thanks, tigereye
  • #37,956
  • Oct 8, 2007 6:57pm Oct 8, 2007 6:57pm
Quoting auslanco
Oh ok.. LOL. Darn.. Hakuna is mean.
just jokin--lol
cant believe u didnt get that earlier ( i knwo u did-- )

geppy knows im just kiddin
  • #37,957
  • Oct 8, 2007 6:58pm Oct 8, 2007 6:58pm
FXCM,CMS and Man financial reached 238.15. Oanda has not. I have seen this many times. Oanda may have lower spread than other MM's. But they get you from these things . Bastards.
  • #37,958
  • Oct 8, 2007 6:58pm Oct 8, 2007 6:58pm
Quoting mktjong
Good job everyone

Well, actually I exited earlier before the tp hit. I would have collected more pips if I stayed as it hit the tp anyway. Need more practicing my trading skills and confidence level http://www.forexfactory.com/images/icons/icon10.gif

ok ok buddy---good job---good job
now ltes look for reentry shall we?
  • #37,959
  • Oct 8, 2007 7:00pm Oct 8, 2007 7:00pm
Quoting auslanco
4hr/1hr strategy is on MT4. 1hr 5sma is a good price to go short.
Been waiting for this for a long long time, Master!
  • #37,960
  • Oct 8, 2007 7:01pm Oct 8, 2007 7:01pm
i got low of 238.11 without the spread on oanda

Quoting auslanco
FXCM,CMS and Man financial reached 238.15. Oanda has not. I have seen this many times. Oanda may have lower spread than other MM's. But they get you from these things . Bastards.
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