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

  • #46,721
  • Nov 1, 2007 3:00pm Nov 1, 2007 3:00pm
Quoting Zoran
That's why I recommend going in with multiples. I always bank my lower entries and keep my higher ones. I had 11 entries on this trade and 5 left now.
I do the same. I had 4 shorts, now I only have one, plus a long hedge I entered at 238.07.
  • #46,722
  • Nov 1, 2007 3:01pm Nov 1, 2007 3:01pm
Our Finanicals cause us to do so mainly CITI..GRP
Quoting markam
I'm glad I kept my other short open. I thought we would bounce when the dow hit 13600, but it looks like the stock market is going to keep moving down until close.
  • #46,723
  • Nov 1, 2007 3:03pm Nov 1, 2007 3:03pm
HI GUYS
karmo and markam what s your idea about target tommorrow ?
i usually use your idea
thanks
  • #46,724
  • Nov 1, 2007 3:07pm Nov 1, 2007 3:07pm
Quoting markam
That is not a panic. Now if we do it again tomorrow, you might start smelling the fear.

Here's to fear.
I think Nikkei will drop a lot today.
What do you think Markam?
Don't be panic when it's negative
  • #46,725
  • Nov 1, 2007 3:09pm Nov 1, 2007 3:09pm
Quoting danryman78
HI GUYS
karmo and markam what s your idea about target tommorrow ?
i usually use your idea
thanks
Assuming that the asian and european stock markets follow the lead of the US market, I would expect to be in the 235.5 area by the start of the next US session.
  • #46,726
  • Nov 1, 2007 3:09pm Nov 1, 2007 3:09pm
it touched my D S1 yesterday at 237.90 and bounced up pretty good. could we see that same scenario tonight? i saw markam took that bounce at 238.07. we shall see.
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #46,727
  • Nov 1, 2007 3:10pm Nov 1, 2007 3:10pm
[quote=Dobin;1694063]I think Nikkei will drop a lot today.

I expect the Nikkei to drop before it even opens.
Humble Lifetime Member
  • #46,728
  • Nov 1, 2007 3:11pm Nov 1, 2007 3:11pm
[quote=Ash;1694068]
Quoting Dobin
I think Nikkei will drop a lot today.

I expect the Nikkei to drop before it even opens.
  • #46,729
  • Nov 1, 2007 3:12pm Nov 1, 2007 3:12pm
[quote=markam;1694069]
Quoting Ash

Humble Lifetime Member
  • #46,730
  • Nov 1, 2007 3:12pm Nov 1, 2007 3:12pm
EJ closes an hour strong below HM 100 sma retest and sell yet again for me...what a day...
{Spam Removed}
  • #46,731
  • Nov 1, 2007 3:12pm Nov 1, 2007 3:12pm
actually there is a slight chance for the GBP/JPY to reach fib level 239.00--240.01
Quoting Dobin
I think Nikkei will drop a lot today.
What do you think Markam?
  • #46,732
  • Nov 1, 2007 3:16pm Nov 1, 2007 3:16pm
Quoting turn1to100
actually there is a slight chance for the GBP/JPY to reach fib level 239.00--240.01
Yeah, possible, with buy orders being processed for (banks, corporations, etc) but don't be fooled into believing that the trend has been reversered (for all the new comers thinking about scalping, I would not recommend it but it is your money). The fall will continue.
Humble Lifetime Member
  • #46,733
  • Nov 1, 2007 3:17pm Nov 1, 2007 3:17pm
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Quoting turn1to100
actually there is a goodchance for the GBP/JPY to reach fib level 239.00--240.01
  • #46,734
  • Nov 1, 2007 3:17pm Nov 1, 2007 3:17pm
Quoting turn1to100
actually there is a slight chance for the GBP/JPY to reach fib level 239.00--240.01
I would like to see 238.85 as 1h retrace to reenter the short
Don't be panic when it's negative
  • #46,735
  • Nov 1, 2007 3:24pm Nov 1, 2007 3:24pm
I wouldn't be surprised to see the DOW fall to 13,500 and then bounce back to 13,700 just before close.
  • #46,736
  • Nov 1, 2007 3:26pm Nov 1, 2007 3:26pm
ITS GOING DOWN OVER ALL..I No
Quoting Ash
Yeah, possible, with buy orders being processed for (banks, corporations, etc) but don't be fooled into believing that the trend has been reversered (for all the new comers thinking about scalping, I would not recommend it but it is your money). The fall will continue.
  • #46,737
  • Nov 1, 2007 3:29pm Nov 1, 2007 3:29pm
Quoting Zoran
I wouldn't be surprised to see the DOW fall to 13,500 and then bounce back to 13,700 just before close.
Oh, It must have closed already. This daylight savings delay in the US has got me all confused. I didn't even realise the FOMC announcement was made yesterday. I was expecting it 1 hour later!
  • #46,738
  • Nov 1, 2007 3:29pm Nov 1, 2007 3:29pm
Quoting turn1to100
ITS GOING DOWN OVER ALL..I No
I have a 4HR/1HR strategy on my charts with a TP around 236.40 near the 4 HR 100SMA, also my QQE5 on 15 min just crossed down. Could we be going down now?
  • #46,739
  • Nov 1, 2007 3:30pm Nov 1, 2007 3:30pm
Quoting Saintjay
EJ closes an hour strong below HM 100 sma retest and sell yet again for me...what a day...
i haven't forgotten to call you saintjay, still at work doing a million things + trading. LOL! i will call you in a few. great day for me as well.
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #46,740
  • Nov 1, 2007 3:32pm Nov 1, 2007 3:32pm
Quoting Zoran
Oh, It must have closed already. This daylight savings delay in the US has got me all confused. I didn't even realise the FOMC announcement was made yesterday. I was expecting it 1 hour later!
Daylight saving will end Nov.4 , I thought
Don't be panic when it's negative
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