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

  • #39,721
  • Oct 12, 2007 9:35am Oct 12, 2007 9:35am
Quoting lvvyyy
ar?
im new in trading. already pay a lot tuition fees on news trade.
i really hate news trade, if u go in with the right timing, u win. or else, u lose all the way to sl.
i wish i can have some strategy.
y u guys trade on GJ, but not EJ, UJ, EU, AU, or GU?
My grandma trades EU,AU.
  • #39,722
  • Oct 12, 2007 9:35am Oct 12, 2007 9:35am
Quoting Zoran
BTW, this is third hand info but apparently today is a time point for a big move. Now I can't see it going up too much unless the bulls have a secret weapon to break through thick walls in record time. However, there is nothing really stopping a large south move. That's assuming the time point is accurate - perhaps Islander can provide more details.
I´ve posted a piece on timing in the Analysis thread, the main point being that we are in the range of two daily time windows where change is more likely to happen in GJ. There is a greater confluence in the Dow etc.
Trading Levels with WRBs
  • #39,723
  • Oct 12, 2007 9:36am Oct 12, 2007 9:36am
Quoting auslanco
Hi Zoran.. Not sure about time points.. according to the momentum calculations the price should reach 239.61 before 1700EST. Yesterday calculation was to break the daily 5sma by 1700 and it did at 1600 EST. On a ranging market like this the momentum calculation has been spot on to the exact pip.
That level shouldn't be a problem. I'm thinking 240.5+ will be difficult.
  • #39,724
  • Oct 12, 2007 9:39am Oct 12, 2007 9:39am
Quoting Zoran
That level shouldn't be a problem. I'm thinking 240.5+ will be difficult.
Yehh.. I have my doubts about that level.. May not go past 239.61 (Daily 5sma) unless a weekend jump.
  • #39,725
  • Oct 12, 2007 9:39am Oct 12, 2007 9:39am
Quoting karmostaji
Lots of bearish patterns forming on JPY pairs, I expect price to go down.
bearish patterns on GU and UJ, let's see what happens to GJ
Trade what you see, not what you think.
  • #39,726
  • Oct 12, 2007 9:44am Oct 12, 2007 9:44am
I'm with you karmo. seems like the good ole days. lol
  • #39,727
  • Oct 12, 2007 9:44am Oct 12, 2007 9:44am
Quoting Big Bruv
Yeah...Baby

This is a GBP/JPY tread only...with a samll hint of Cable (GBP/USD).

But GBP/JPY all the way Baby
high spread = high risk??
this is my thinking...
don u think so??
i find out most of the ppl who are active here are trading GJ.
hmm...'
  • #39,728
  • Oct 12, 2007 9:46am Oct 12, 2007 9:46am
Quoting karmostaji
bearish patterns on GU and UJ, let's see what happens to GJ

GU 30mins

Not sure where you see a bearish pattern.. As long as the price is above the ranging channel it's bullish. Price has to dip below the ranging channel to go bearish.
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  • #39,729
  • Oct 12, 2007 9:47am Oct 12, 2007 9:47am
Quoting auslanco
GU 30mins

Not sure where you see a bearish pattern.. As long as the price is above the ranging channel it's bullish. Price has to dip below the ranging channel to go bearish.
I was talking about harmonic patterns bro.
Trade what you see, not what you think.
  • #39,730
  • Oct 12, 2007 9:48am Oct 12, 2007 9:48am
Quoting bmwboyee
I'm with you karmo. seems like the good ole days. lol
I've got my magic stick back, time to do magic in the market
Trade what you see, not what you think.
  • #39,731
  • Oct 12, 2007 9:52am Oct 12, 2007 9:52am
Quoting karmostaji
I've got my magic stick back, time to do magic in the market
huh?! do the magic to the market??
means?
  • #39,732
  • Oct 12, 2007 9:53am Oct 12, 2007 9:53am
you got your stick and i got my rockets. lol
  • #39,733
  • Oct 12, 2007 9:53am Oct 12, 2007 9:53am
i think 1 h/4 h is in progress
  • #39,734
  • Oct 12, 2007 9:53am Oct 12, 2007 9:53am
Quoting lvvyyy
huh?! do the magic to the market??
means?
It means when karmo says 'bears', price will dive like no tomorrow

Trade what you see, not what you think.
  • #39,735
  • Oct 12, 2007 10:02am Oct 12, 2007 10:02am
new 1hr momentum pretty bullish
Trade what you see, not what you think.
  • #39,736
  • Oct 12, 2007 10:03am Oct 12, 2007 10:03am
I enjoyed the last meltdown...but i seriously doubt it will happen again....

Every seems tense and ready to pull the trigger but it isn't going to happen..me thinks.

The US economy is too robust...just when you think is kicking on her last legs...BANG she kicks you in the nuts....Yes we got a meltdown before and a lot of people were caught scratching their heads.....

I think..Baby...the US will probably drop interest rates before the end of the year and limp into 2008.
  • #39,737
  • Oct 12, 2007 10:04am Oct 12, 2007 10:04am
Quoting karmostaji
It means when karmo says 'bears', price will dive like no tomorrow

haha!
i hope u can inform me before u say bear or bull, okie?
so dat i can dive or fly with u
lol!
  • #39,738
  • Oct 12, 2007 10:04am Oct 12, 2007 10:04am
Quoting lvvyyy
huh?! do the magic to the market??
means?

LOL.. when Karmo says bear you have to click that Buy button jk
  • #39,739
  • Oct 12, 2007 10:05am Oct 12, 2007 10:05am
I'm off to bed. see you guys on Monday
  • #39,740
  • Oct 12, 2007 10:06am Oct 12, 2007 10:06am
I entered at 238.76. i tink tis pair will go up to 245 n will not drop below 235.
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