2 more minutes just stay down down down...
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Auslanco - GBP/JPY and GBP/USD (newstrade)
- #38,162
- Oct 9, 2007 7:00am Oct 9, 2007 7:00am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- #38,163
- Oct 9, 2007 7:00am Oct 9, 2007 7:00am
- | Commercial User | Joined Jun 2007 | 3,549 Posts
Looks like we may finally get an Hrly close below sprt area 237.80, just may be....
not if i push it up bro
i am in the spanking mood
ive got DS2 at 237.96
weve got a close below 100sma---retrce back to that and then cont further down
- #38,164
- Oct 9, 2007 7:01am Oct 9, 2007 7:01am
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
- #38,169
- Oct 9, 2007 7:07am Oct 9, 2007 7:07am
- Joined Dec 2006 | Status: Backtest is meaningless (to me) | 2,176 Posts
Good point.. the actual reason is this is the most active forex thread in the world. Therefor everyone wants a piece of the cake. As long as someone is benefiting, everyone is welcome to post good analysis. What pisses me off is when people abuse their privileges .
I wish this to be solely Aus thread tho, with supporting analysis like M2B's.
I've been amazed to see this becoming #1 thread on FF since a few months back till now. Hoping it grows stronger.
Btw, I'm still holding shorts, based on 4h/1h, Just 15min TF oversold, a little worry...... Suggestions?
Auslanco,
It never ceases to amaze me, how every candle in any TF tries to or does touch the 5 EMA. Thats one of the tools I picked up on this thread.
( I know, I know, its not the only thing, just one of the things.
It never ceases to amaze me, how every candle in any TF tries to or does touch the 5 EMA. Thats one of the tools I picked up on this thread.
( I know, I know, its not the only thing, just one of the things.
- #38,172
- Oct 9, 2007 7:08am Oct 9, 2007 7:08am
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
- #38,173
- Oct 9, 2007 7:09am Oct 9, 2007 7:09am
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
are u hiding the bong too??
cmon--pass it around-- love needs to be in the air
- #38,175
- Oct 9, 2007 7:10am Oct 9, 2007 7:10am
- Joined Feb 2007 | Status: Trade @ your own risk | 6,628 Posts
Auslanco,
It never ceases to amaze me, how every candle in any TF tries to or does touch the 5 EMA. Thats one of the tools I picked up on this thread.
( I know, I know, its not the only thing, just one of the things.
- #38,177
- Oct 9, 2007 7:11am Oct 9, 2007 7:11am
- Joined Dec 2006 | Status: Backtest is meaningless (to me) | 2,176 Posts
just today Geppy said I'm on crack. don't take anything personal.As long as your account grows.. thats all what matters.
, travellers like Geppy often comes and goes quickly, every now and then, we have some visitors like that. Enjoy their comments, hehe.
- #38,180
- Oct 9, 2007 7:14am Oct 9, 2007 7:14am
- Joined Mar 2007 | Status: Pip pip | 2,692 Posts
Longs.....took some pips on my long trade. Bought the bounce off of 237.80 a few min ago. My stop is not 213...unlike a lot of those in here I dont use 300 pip stops so I can say I can trade.lol I wonder if Zoran scaled out of his -300 pips short trade Yet.
Also..I dont keep adding to a short position when it is clearly going long. That is Luck and hope trading.lol
If I see a trade entering neg territory, I cut the loss small instead of hanging onto it hoping and praying to the pip Gods that it will go my way....lolol I see that a lot in this forum.
You don't need to get nasty just because your longs didn't work out. My R/R is about 3 to 1 and I am not a scalper like you, I can hold onto trades for a few days/weeks. Where did you get -300? My reversal point was 238.80 and it turned out to be 239.70 (that's 90 pips). It's a shame you have to take your frustration out on others when things don't work out. Try to keep your emotions in check - check my previous posts and you will see my positions and justification. Everything is working out according to plan.