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

  • #39,661
  • Oct 12, 2007 7:17am Oct 12, 2007 7:17am
Quoting auslanco
1. Friday, October 12th, 2007 (8:30 a.m. New York Time) USA
After the spike I would like to enter within 10 to 15 pips of the pre-release price, and maybe use 20 pips stop loss, and try to get 20 to 25 pips profit. Obviously, if you are able to enter with a price that is very close to the pre-release price, your SL can be smaller and TP may be bigger.

why trade just for that much profit i wonder??--with risks even higher during news !!

i need to give these boys my trade signals--lol
  • #39,662
  • Oct 12, 2007 7:19am Oct 12, 2007 7:19am
Quoting auslanco
according to technicals the news release will be GBP positive.. on GBP/USD
which also mean GBP/JPY positive & could take it high......
  • #39,663
  • Oct 12, 2007 7:22am Oct 12, 2007 7:22am
Jumping the gun is just like trying to commit suicide, I won't short until I get 15m aus signal
Trade what you see, not what you think.
  • #39,664
  • Oct 12, 2007 7:24am Oct 12, 2007 7:24am
Quoting karmostaji
Jumping the gun is just like trying to commit suicide, I won't short until I get 15m aus signal
Aus already has short open
  • #39,665
  • Oct 12, 2007 7:24am Oct 12, 2007 7:24am
price stayed below the five day on the 4 hr chart untill now. looks as if it is finding support here at this time
  • #39,666
  • Oct 12, 2007 7:26am Oct 12, 2007 7:26am
also a primo looking pin bar
  • #39,667
  • Oct 12, 2007 7:26am Oct 12, 2007 7:26am
Quoting Syafi
Aus already has short open
1hr QQE is looking to cross upwards, I'm just informing you guys here.. nothing else.
Trade what you see, not what you think.
  • #39,668
  • Oct 12, 2007 7:38am Oct 12, 2007 7:38am
jeeez.. I am the only one who is long.

hoping to see 239.
  • #39,669
  • Oct 12, 2007 7:40am Oct 12, 2007 7:40am
Morning guys
Noticed price dived down to 237.35 and Aus predicted 236.90 and have a big bounce after that .. cool .. just about it is
But I missed all the move as usual (sleep), but we would have a long signal soon though http://www.forexfactory.com/images/icons/icon10.gif
  • #39,670
  • Oct 12, 2007 7:41am Oct 12, 2007 7:41am
Quoting Bernanke_Sr
jeeez.. I am the only one who is long.

hoping to see 239.
Try for 240.00
Indicators show the past. Price Action "Indicates" the future.
  • #39,671
  • Oct 12, 2007 7:43am Oct 12, 2007 7:43am
Sweet 30 pips on GU
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 17 KB
  • #39,672
  • Oct 12, 2007 7:47am Oct 12, 2007 7:47am
Quoting jarroo
Try for 240.00
Indicators show the past. Price Action "Indicates" the future.
  • #39,673
  • Oct 12, 2007 7:48am Oct 12, 2007 7:48am
Quoting Bernanke_Sr
jeeez.. I am the only one who is long.

hoping to see 239.
no, there are people banking pips in here quietly
Trade what you see, not what you think.
  • #39,674
  • Oct 12, 2007 7:48am Oct 12, 2007 7:48am
what the hell is happening?? someone fill me in.. Good news and the dollar does down like crazy!!
I don't think we're getting rate cuts anytime soon.
  • #39,675
  • Oct 12, 2007 7:50am Oct 12, 2007 7:50am
Quoting egghead
what the hell is happening?? someone fill me in.. Good news and the dollar does down like crazy!!
Once Zoran said 'It's all in the charts'
Trade what you see, not what you think.
  • #39,676
  • Oct 12, 2007 7:52am Oct 12, 2007 7:52am
Yep, and even more interesting is how the pairs behave: eurusd, gbpusd and usdjpy are all going north...

Crazy, huh? Can't go on like this very long...

R

Quoting egghead
what the hell is happening?? someone fill me in.. Good news and the dollar does down like crazy!!
  • #39,677
  • Oct 12, 2007 7:52am Oct 12, 2007 7:52am
Quoting egghead
what the hell is happening?? someone fill me in.. Good news and the dollar does down like crazy!!
I don't think we're getting rate cuts anytime soon.
this means DOW is going to go down, so will U/j and g/j will follow it
  • #39,678
  • Oct 12, 2007 7:52am Oct 12, 2007 7:52am
Quoting karmostaji
Once Zoran said 'It's all in the charts'

Zoran is short bro

dont get excited everyone
sit back and watch for a while
its not the last trading day of your lives
  • #39,679
  • Oct 12, 2007 7:54am Oct 12, 2007 7:54am
Quoting Hakuna Matata
Zoran is short bro

dont get excited everyone
sit back and watch for a while
its not the last trading day of your lives
LOL I just said that he said 'It's all in the charts', nothing to do with his current positions.

we just wait for the next trade, no need to run after it..
Trade what you see, not what you think.
  • #39,680
  • Oct 12, 2007 7:57am Oct 12, 2007 7:57am
Quoting imransait
this means DOW is going to go down, so will U/j and g/j will follow it
No, Dow is gonna up today. It may go down initially but would up in the end .. that is my take which is usually quite accurate http://www.forexfactory.com/images/icons/icon10.gif

j/k
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