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

  • #38,261
  • Oct 9, 2007 9:35am Oct 9, 2007 9:35am
Price bounced off R1 236.96 (US session pivots)
Trade what you see, not what you think.
  • #38,262
  • Oct 9, 2007 9:38am Oct 9, 2007 9:38am
Quoting Wolf.
Hi Zoran,

LOL

Joined you on the short side 237.85 reject of the trend line I posted last night.

Can you remind me what your targets are please.
Hi Wolf

235 to 234 area. I don't have specific targets at the moment but I will start cashing-in high 235 area. I have about 7 entries so I have some flexibility. Also, I will leave one for 221
  • #38,263
  • Oct 9, 2007 9:39am Oct 9, 2007 9:39am
kepp an eye on 30min QQE 5.. It's reaching the Oversold levels.. If it cross upwards, the pair will go for a consolidation until it crossed back down. This doesnt mean a trend change. Just a consolidation until more sellers come in to the market. It may drag until Tokyo for the next rally down.
  • #38,264
  • Oct 9, 2007 9:43am Oct 9, 2007 9:43am
Stay away!!!!! use Oanda, to make your trades.
  • #38,265
  • Oct 9, 2007 9:43am Oct 9, 2007 9:43am
Quoting karmostaji
mind sharing what was the issue/experience? PM if you don't mind.
I will let everyone see. I was with IBFX for two years and put up with their crap. their spreads widened up to 80 pips at one point during news. they will also freeze up during those news times where you will not see price move and when it comes back online you could be up/down 100's of pips. that really p'd me off. also when i try and place orders it would not enter, would give me a requote. also. they are good with online assistance, but it got so bad i said screw it. I am with fxdd right now and experience NONE of this. I have also been with fxsol and some others. I hope this helps! but i would never go back!
  • #38,266
  • Oct 9, 2007 9:44am Oct 9, 2007 9:44am
Quoting bmwboyee
I will let everyone see. I was with IBFX for two years and put up with their crap. their spreads widened up to 80 pips at one point during news. they will also freeze up during those news times where you will not see price move and when it comes back online you could be up/down 100's of pips. that really p'd me off. also when i try and place orders it would not enter, would give me a requote. also. they are good with online assistance, but it got so bad i said screw it. I am with fxdd right now and experience NONE of this. I have also been with fxsol and some others. I hope this helps! but i would never go back!
Thanks for the reply bro, i'm glad i'm not a news trader.
Trade what you see, not what you think.
  • #38,267
  • Oct 9, 2007 9:45am Oct 9, 2007 9:45am
Thx very much Jim

Would I plot my stop 100 points from my late entry at 237.90? And same for TP?


Law
  • #38,268
  • Oct 9, 2007 9:46am Oct 9, 2007 9:46am
Quoting auslanco
kepp an eye on 30min QQE 5.. It's reaching the Oversold levels.. If it cross upwards, the pair will go for a consolidation until it crossed back down. This doesnt mean a trend change. Just a consolidation until more sellers come in to the market. It may drag until Tokyo for the next rally down.
Any insight on how the minute news can influence this setup Aus ?
  • #38,269
  • Oct 9, 2007 9:48am Oct 9, 2007 9:48am
Quoting karmostaji
Thanks for the reply bro, i'm glad i'm not a news trader.
karmo, it is more than that. during those news times it won't be a problem to hit s/l's and also just watch your margin in your account. just a word to the wise, i am warning you
  • #38,270
  • Oct 9, 2007 9:49am Oct 9, 2007 9:49am
Quoting FXStudent
Any insight on how the minute news can influence this setup Aus ?

yehh sure bro.. After a thorough analysis, the pair could go up, down or sideways after the news
  • #38,271
  • Oct 9, 2007 9:50am Oct 9, 2007 9:50am
Quoting auslanco
kepp an eye on 30min QQE 5.. It's reaching the Oversold levels.. If it cross upwards, the pair will go for a consolidation until it crossed back down. This doesnt mean a trend change. Just a consolidation until more sellers come in to the market. It may drag until Tokyo for the next rally down.
Hey Aus baby....is there a document that explains the QQE's......i'm adding it to my MT4 platform....as my biggest problem is working out when the market is going to consolidate?...
  • #38,272
  • Oct 9, 2007 9:50am Oct 9, 2007 9:50am

Quoting auslanco
yehh sure bro.. After a thorough analysis, the pair could go up, down or sideways after the news
  • #38,273
  • Oct 9, 2007 9:51am Oct 9, 2007 9:51am
Quoting bmwboyee
karmo, it is more than that. during those news times it won't be a problem to hit s/l's and also just watch your margin in your account. just a word to the wise, i am warning you
Karmo,
I will second that. I had a bad experience too. Stay away from IBFX.

Kingmaker
  • #38,274
  • Oct 9, 2007 9:51am Oct 9, 2007 9:51am
buy??
  • #38,275
  • Oct 9, 2007 9:51am Oct 9, 2007 9:51am
Quoting mike w
Although
Hmm I can see that big happy smile on your face right now.
  • #38,276
  • Oct 9, 2007 9:52am Oct 9, 2007 9:52am
Quoting auslanco
yehh sure bro.. After a thorough analysis, the pair could go up, down or sideways after the news
are you sure..

  • #38,277
  • Oct 9, 2007 9:55am Oct 9, 2007 9:55am
Quoting Big Bruv
Hey Aus baby....is there a document that explains the QQE's......i'm adding it to my MT4 platform....as my biggest problem is working out when the market is going to consolidate?...
check my signature bro.
  • #38,278
  • Oct 9, 2007 9:56am Oct 9, 2007 9:56am
Possible retracement to 50% of this last downward movement, which is 238.32
Trade what you see, not what you think.
  • #38,279
  • Oct 9, 2007 10:04am Oct 9, 2007 10:04am
While on the topic of QQE, platforms and brokers,
is there any other platform/broker which has the
QQE indicator other than VTtrader?

Thanks
  • #38,280
  • Oct 9, 2007 10:14am Oct 9, 2007 10:14am
Quoting karmostaji
Possible retracement to 50% of this last downward movement, which is 238.32
that is also the 4hr 5sma and 5ema
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