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

  • #39,601
  • Oct 12, 2007 2:49am Oct 12, 2007 2:49am
dont expect too much retrce
  • #39,602
  • Oct 12, 2007 3:03am Oct 12, 2007 3:03am
Quoting Hakuna Matata
dont expect too much retrce
retracement will be 238+ before 1700EST
  • #39,603
  • Oct 12, 2007 3:07am Oct 12, 2007 3:07am
is this reliable
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"Analysis Is Hard But Trade Is Easy"
  • #39,604
  • Oct 12, 2007 3:11am Oct 12, 2007 3:11am
Hi guys. I just would like to ask.

1. What's a good time to start trading? Cause I seem to always miss the start of the big moves.

2. If I would enter after a retrace of a big move, how many pips would be an ideal stop loss?

Thank you in advance.
  • #39,605
  • Oct 12, 2007 3:14am Oct 12, 2007 3:14am
as Aus mentioned, price may retrace to 238+ before 1700 EST, below is the chart i am using to support that analysis
Hope its of help to people here
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  • #39,606
  • Oct 12, 2007 3:14am Oct 12, 2007 3:14am
Quoting auslanco
retracement will be 238+ before 1700EST
agreed, should be somewhere between 238.08 and .50
Trade what you see, not what you think.
  • #39,607
  • Oct 12, 2007 3:17am Oct 12, 2007 3:17am
Just a note, new 4Hr candle (MT4) opens under 50ema.
Success has a Thousand Fathers.
  • #39,608
  • Oct 12, 2007 3:25am Oct 12, 2007 3:25am
A good entry for short again would be to wait for auslanco's 15m short signal trade, just my opinion.
Trade what you see, not what you think.
  • #39,609
  • Oct 12, 2007 3:29am Oct 12, 2007 3:29am
what are u guys smoking to thik this is going up above 238 by 5est??

pass me that bong--no more for u guys
  • #39,610
  • Oct 12, 2007 3:31am Oct 12, 2007 3:31am
Quoting Lemonjam
Hi guys. I just would like to ask.

1. What's a good time to start trading? Cause I seem to always miss the start of the big moves.

2. If I would enter after a retrace of a big move, how many pips would be an ideal stop loss?

Thank you in advance.
I don't know where you are.

I live on the East Coast US. I get up at 02:00 and trade till 11:00 (EST).
(I sleep about 4 hours a day)

As far as S/L?
Your chart or your system must dictate the S/L.
  • #39,611
  • Oct 12, 2007 3:33am Oct 12, 2007 3:33am
Quoting karmostaji
agreed, should be somewhere between 238.08 and .50

This could first reach 236.90 level before the retracment.
  • #39,612
  • Oct 12, 2007 3:35am Oct 12, 2007 3:35am
it seems gbp/jpy will target over 240 for carry trade today,oK guys?

regards,
Ele
  • #39,613
  • Oct 12, 2007 3:38am Oct 12, 2007 3:38am
Quoting auslanco
This could first reach 236.90 level before the retracment.

so bro no more 238 b4 5 est??
  • #39,614
  • Oct 12, 2007 3:38am Oct 12, 2007 3:38am
Quoting Hakuna Matata
what are u guys smoking to thik this is going up above 238 by 5est??

pass me that bong--no more for u guys

LOL.. it is the same stuff I was smoking when I predicted this during yesterdays Asian session

Quoting auslanco
all Daily Mom are pointing down for the first time in 10 days. I 'm expecting a trend reversal before 1700EST. Currently I have a long trade targeting 240 area. If my indicators turn bearish I will exit and go short.
  • #39,615
  • Oct 12, 2007 3:39am Oct 12, 2007 3:39am
Quoting Hakuna Matata
so bro no more 238 b4 5 est??
first 236.90 then 238+ before 1700est
  • #39,616
  • Oct 12, 2007 3:42am Oct 12, 2007 3:42am
just got a 5min signal
your 238 could be comin

cht to u guys in a while--drivin back home
  • #39,617
  • Oct 12, 2007 3:43am Oct 12, 2007 3:43am

fine with me...

Quoting ele
it seems gbp/jpy will target over 240 for carry trade today,oK guys?

Quoting ele

regards,
Ele
"Analysis Is Hard But Trade Is Easy"
  • #39,618
  • Oct 12, 2007 3:43am Oct 12, 2007 3:43am
Quoting auslanco
first 236.90 then 238+ before 1700est
bro-- u in any positions?
  • #39,619
  • Oct 12, 2007 3:45am Oct 12, 2007 3:45am
Quoting auslanco
first 236.90 then 238+ before 1700est
for some reason i converted 1700 est as in 15min from now-- i need the munchies !--lol
  • #39,620
  • Oct 12, 2007 3:47am Oct 12, 2007 3:47am
Quoting Hakuna Matata
for some reason i converted 1700 est as in 15min from now-- i need the munchies !--lol
Bro.. Sydney doesn't exist on my map. It's only Tokyo. London, New York and Perth. Only the worlds biggest financial capitals
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