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

  • #43,561
  • Oct 24, 2007 12:30am Oct 24, 2007 12:30am
Quoting haliker
I will retrace previous comments made based on lack of sleep and general retardation lol.
You're doing fine! It was a good observation!
  • #43,562
  • Oct 24, 2007 12:31am Oct 24, 2007 12:31am
Quoting karmostaji
15m QQE is in oversold area, it needs to work itself out, we should get a little bit of retracement till London opens.
Agreed
Do not follow my trades. Trade what you see on your own charts.
  • #43,563
  • Oct 24, 2007 12:31am Oct 24, 2007 12:31am
Quoting auslanco
Not going to be a free fall... new 4hr momentum is super bullish untill 9GMT . But daily is still bearish. after the London Open there the price could reach 230 level depending on the new 4hr momntum at 8GMT.
I agree that price should fall, and fall fast after London opens..
Trade what you see, not what you think.
  • #43,564
  • Oct 24, 2007 12:33am Oct 24, 2007 12:33am
Quoting karmostaji
Different styles of trading, you grab your pips now and we'll have them later, you know ladies first..
I hope the ladies took their profits, because now it's our turn to play the game
Trade what you see, not what you think.
  • #43,565
  • Oct 24, 2007 12:34am Oct 24, 2007 12:34am
Quoting karmostaji
I agree that price should fall, and fall fast after London opens..
should we expect a retrace to the 234.50 area or all the way to 235.05? I mean I was kind of hoping it would just play that little up 30 down 30 game all night.
  • #43,566
  • Oct 24, 2007 12:36am Oct 24, 2007 12:36am
Quoting haliker
should we expect a retrace to the 234.50 area or all the way to 235.05? I mean I was kind of hoping it would just play that little up 30 down 30 game all night.
very possible, keep your eyes on 1hr 5sma
Trade what you see, not what you think.
  • #43,567
  • Oct 24, 2007 12:38am Oct 24, 2007 12:38am
Quoting karmostaji
very possible, keep your eyes on 1hr 5sma
234.75 now. Is there something significant when the 5sma on 1hr crosses the 50ema on 1hr?
  • #43,568
  • Oct 24, 2007 12:39am Oct 24, 2007 12:39am
Quoting haliker
should we expect a retrace to the 234.50 area or all the way to 235.05? I mean I was kind of hoping it would just play that little up 30 down 30 game all night.
I have 1hr SMA(5) @ 234.75. We will definetly see 234.50
Do not follow my trades. Trade what you see on your own charts.
  • #43,569
  • Oct 24, 2007 12:41am Oct 24, 2007 12:41am
last night, we had 4H retracement for 20 pip ..... after steadily raising for almost 200 pip?

lets see how much this one will go up before heading down again
  • #43,570
  • Oct 24, 2007 12:42am Oct 24, 2007 12:42am
Quoting igmak
I have 1hr SMA(5) @ 234.75. We will definetly see 234.50
is daily 5sma at 234.4 providing resistance though?
  • #43,571
  • Oct 24, 2007 12:43am Oct 24, 2007 12:43am
Quoting auslanco
This could be a "profit hunt" spike. Be careful
good morning, aus, i'm off to sleep in the u.s. just want to say thank you really. i start to feel the momentum now. thanks again. you are my idol.
  • #43,572
  • Oct 24, 2007 12:43am Oct 24, 2007 12:43am
Quoting haliker
is daily 5sma at 234.4 providing resistance though?
My daily 5sma is @ 234.78
Do not follow my trades. Trade what you see on your own charts.
  • #43,573
  • Oct 24, 2007 12:45am Oct 24, 2007 12:45am
Quoting Syafi
We all thought you were in profit already ...... and yes this pair love to fall much faster then raising.
Well....I should've been....lets see if that 236.44 Pending Order will get activated.....target remains 233.00

Breeze
  • #43,574
  • Oct 24, 2007 12:47am Oct 24, 2007 12:47am
Quoting auslanco
Not going to be a free fall... new 4hr momentum is super bullish untill 9GMT . But daily is still bearish. after the London Open there the price could reach 230 level depending on the new 4hr momntum at 8GMT.

Auslanco, If you expect good retracement, why not exit the latest short 234.20 and re enter at better price ? ..
  • #43,575
  • Oct 24, 2007 12:48am Oct 24, 2007 12:48am
Always use a SL, I've set mine at breakeven now, so whatever can happen now.. ZERO risk
Trade what you see, not what you think.
  • #43,576
  • Oct 24, 2007 12:48am Oct 24, 2007 12:48am
Quoting Breeze
Well....I should've been....lets see if that 236.44 Pending Order will get activated.....target remains 233.00

Breeze
236.44?
  • #43,577
  • Oct 24, 2007 12:51am Oct 24, 2007 12:51am
Quoting karmostaji
Always use a SL, I've set mine at breakeven now, so whatever can happen now.. ZERO risk
What is your TP for your short entry?
  • #43,578
  • Oct 24, 2007 12:53am Oct 24, 2007 12:53am
Quoting gau2902
What is your TP for your short entry?
1st 233
2nd 231.50
3rd New Low
Trade what you see, not what you think.
  • #43,579
  • Oct 24, 2007 12:54am Oct 24, 2007 12:54am
woohoo profited another 34 pips there. thank god for luck.
  • #43,580
  • Oct 24, 2007 12:55am Oct 24, 2007 12:55am
someone please takes some patience from me!

too patient to pull the gun at 234.50


damned!
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