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

  • #48,901
  • Nov 8, 2007 11:03am Nov 8, 2007 11:03am
Quoting karmostaji
I see a nice little bullish channel on 15m chart, so be cautious if you're short

close ur eyes please and dont let it hear u coz it seems gj hear what u say
Good judgment comes from experience, and experience comes from bad judgment
  • #48,902
  • Nov 8, 2007 11:05am Nov 8, 2007 11:05am
possible retrace to 237.30 area before it goes up, it's just a possibility I see.
Trade what you see, not what you think.
  • #48,903
  • Nov 8, 2007 11:06am Nov 8, 2007 11:06am
The 4hr candle just closed above the NY daily pivot (237.54). A close below it would have been beneficial to shorts.
  • #48,904
  • Nov 8, 2007 11:07am Nov 8, 2007 11:07am
Quoting markam
Pop quiz. When did Bernie's testimony start?

Attachment
Just think. By opening his mouth, he dropped the value of the United States by about 100 billion dollars. Now that is power.
  • #48,905
  • Nov 8, 2007 11:09am Nov 8, 2007 11:09am
Quoting karmostaji
possible retrace to 237.30 area before it goes up, it's just a possibility I see.
to the 5sma then up is how I see it too karmo. getting closer now.
  • #48,906
  • Nov 8, 2007 11:15am Nov 8, 2007 11:15am
Karmo, are you holding on to your shorts? I need a patience pill please I am short!
  • #48,907
  • Nov 8, 2007 11:21am Nov 8, 2007 11:21am
Quoting vinesh2
Karmo, are you holding on to your shorts? I need a patience pill please I am short!
if u need patience, u don't need an answer then. set ur SL, and wait.
  • #48,908
  • Nov 8, 2007 11:25am Nov 8, 2007 11:25am
Quoting vinesh2
Karmo, are you holding on to your shorts? I need a patience pill please I am short!
Vinesh,
Ask yourself why your holding a short? Is the reason you shorted it still credible? I'm also short with a target in the 234's and I am in a losing battle right now also.
Winning Trades: 1 Losing Trades: 0 Profit in pips: +40
  • #48,909
  • Nov 8, 2007 11:29am Nov 8, 2007 11:29am
Price bounced off the Monthly pivot and came back into the 15m bullish channel.
Trade what you see, not what you think.
  • #48,910
  • Nov 8, 2007 11:29am Nov 8, 2007 11:29am
Yesterday morning I started with a demo $1,000 account, as of right now, I have turned it into $7,441.44.
  • #48,911
  • Nov 8, 2007 11:31am Nov 8, 2007 11:31am
meh, it's been stated so many times before that this thread need less of the blah blah that goes on. If you don't have a view of where the market is heading then you shouldn't have a position. PERIOD. I can only imagine that the starter of this thread has been worn out, along with the other major contributors, by all of this senseless bantor. Please, try and keep it to a minimum and maybe the veterans will show back up again. 1/2 posi taken off the table and rest set to B/E for wherever the market takes us.
  • #48,912
  • Nov 8, 2007 11:32am Nov 8, 2007 11:32am
wish I could do that to my real account in one day. It'll take longer in a real one I think. not impossible though.
  • #48,913
  • Nov 8, 2007 11:34am Nov 8, 2007 11:34am
Quoting karmostaji
Price bounced off the Monthly pivot and came back into the 15m bullish channel.
Don't count on that lasting very long. UJ is going to go sub 112 soon.
  • #48,914
  • Nov 8, 2007 11:34am Nov 8, 2007 11:34am
It's definitely not impossible in a real account, you'd just have to be more careful. However, a lot of credit goes to my buddy Karmo.
  • #48,915
  • Nov 8, 2007 11:36am Nov 8, 2007 11:36am
Quoting Kain
Yesterday morning I started with a demo $1,000 account, as of right now, I have turned it into $7,441.44.
Trade with a live account and then I'd like to look at your account in 1 week The psychology of live trading is a totally different ball game, you've got to experience it to know what I'm saying.
Trade what you see, not what you think.
  • #48,916
  • Nov 8, 2007 11:37am Nov 8, 2007 11:37am
Quoting markam
Don't count on that lasting very long. UJ is going to go sub 112 soon.
Hi markam, when do you think soon would be?
  • #48,917
  • Nov 8, 2007 11:38am Nov 8, 2007 11:38am
Quoting karmostaji
Trade with a live account and then I'd like to look at your account in 1 week The psychology of live trading is a totally different ball game, you've got to experience it to know what I'm saying.
Tell me about it. I made $5,000 in the first 6 hours I had a demo and thought I had discovered a money machine.
  • #48,918
  • Nov 8, 2007 11:40am Nov 8, 2007 11:40am
Quoting markam
Tell me about it. I made $5,000 in the first 6 hours I had a demo and thought I had discovered a money machine.
True story, guy I know turned a 50k FXCM demo into about 84k, then he went live and promptly went -17.3k
Patience + Humility + Study = Success
  • #48,919
  • Nov 8, 2007 11:41am Nov 8, 2007 11:41am
Quoting markam
Tell me about it. I made $5,000 in the first 6 hours I had a demo and thought I had discovered a money machine.
hehe
  • #48,920
  • Nov 8, 2007 11:42am Nov 8, 2007 11:42am
Quoting Fx717
Hi markam, when do you think soon would be?
The dow just crashed through 13200, so it could be very soon. I could see the dow ending the day in the 13000 range. That will definitely push UJ below 112 and probably set off a big carry trade unwind going into the asian session. This is all assuming that the US stock market lights the match. You just need to watch and see.
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