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

  • #50,161
  • Nov 14, 2007 11:11am Nov 14, 2007 11:11am
Quoting sony
I just need enter point..I am relay new and have good profit but for now not to shure in myself and that is...Newbee
Sony, why enter a trade blindly without having a target, no matter how large or small in mind??? I don't get it. Stop posting and read other threads on this forum to get a better grasp on TRADING......Please.
  • #50,162
  • Nov 14, 2007 11:12am Nov 14, 2007 11:12am
Quoting lepiricus
I am short also from 230. As far as support go I just see the 4hr gann at 228.40 area to get across, We have 4hr 5sma resistance short term resistance at 230.20 area that will hopefully limit bullish acitvities.

My 1hr RSI just crossed short sign, I think an hourly close below 228.40/50 area and short are going to be on like donkey kong.

I am cautiously optimistic for shorts, considering cable weakness and usd/jpy can't close above the 38.2 retrace at 111.70
so I take it you closed your long?
  • #50,163
  • Nov 14, 2007 11:14am Nov 14, 2007 11:14am
Quoting winterwhite
karmo:

Like others, I would appreciate it if you could tell us
when the crossover takes place. I did notice on
my 3 hour chart that 5SMA has crossed down. My
trading platform does not have a 4hour chart.

Thanks
sure I will post when it does cross downwards.
Trade what you see, not what you think.
  • #50,164
  • Nov 14, 2007 11:17am Nov 14, 2007 11:17am
Sony dont take the advice some are giving you as mean, rather these guys have watched many a member over leverage and blow up account after account by trading blindly with no idea what they are doin. The best feeling in trading is when you place a trade that you study and make 100-200 pips.
  • #50,165
  • Nov 14, 2007 11:20am Nov 14, 2007 11:20am
Quoting karmostaji
sure I will post when it does cross downwards.
Ok sorry guys..Btw which site did you use on the begining to check your trades..entry signals, tp sl..Just as info?
Work smart not hard
  • #50,166
  • Nov 14, 2007 11:21am Nov 14, 2007 11:21am
Quoting haliker
Sony dont take the advice some are giving you as mean, rather these guys have watched many a member over leverage and blow up account after account by trading blindly with no idea what they are doin. The best feeling in trading is when you place a trade that you study and make 100-200 pips.
My apologies to the thread. I did not intend to come across as mean. Rather, as you said haliker, the only way to survive is to study, study and study some more. Coming into an established thread and asking for entry/exit points is not the way to learn IMHO.

Again, my apologies and good trading.
  • #50,167
  • Nov 14, 2007 11:22am Nov 14, 2007 11:22am
Quoting txfx
My apologies to the thread. I did not intend to come across as mean. Rather, as you said haliker, the only way to survive is to study, study and study some more. Coming into an established thread and asking for entry/exit points is not the way to learn IMHO.

Again, my apologies and good trading.
Dido that
  • #50,168
  • Nov 14, 2007 11:24am Nov 14, 2007 11:24am
Quoting sony
Ok sorry guys..Btw which site did you use on the begining to check your trades..entry signals, tp sl..Just as info?
I always used and until now use my brain.
Trade what you see, not what you think.
  • #50,169
  • Nov 14, 2007 11:34am Nov 14, 2007 11:34am
Quoting karmostaji
I always used and until now use my brain.
Do you have a link to where I can download a copy of your brain?
  • #50,170
  • Nov 14, 2007 11:35am Nov 14, 2007 11:35am
Quoting karmostaji
I always used and until now use my brain.
That is good...Thanks
Work smart not hard
  • #50,171
  • Nov 14, 2007 11:38am Nov 14, 2007 11:38am
Quoting markam
Do you have a link to where I can download a copy of your brain?
Trade what you see, not what you think.
  • #50,172
  • Nov 14, 2007 11:43am Nov 14, 2007 11:43am
Quoting karmostaji
.
Work smart not hard
  • #50,173
  • Nov 14, 2007 11:45am Nov 14, 2007 11:45am
Quoting markam
Do you have a link to where I can download a copy of your brain?

I´m told that "the brain" is currently travelling at 280 kph in a "raging bull" of a car, taking a test drive, heading towards Abu Dhabi ......the salesman expects an order shortly!

Edit: the bluetooth works well too
Trading Levels with WRBs
  • #50,174
  • Nov 14, 2007 11:54am Nov 14, 2007 11:54am

I too would really love 2 download (or is it upload) your brain.http://www.forexfactory.com/images/icons/icon10.gif
  • #50,175
  • Edited 12:06pm Nov 14, 2007 11:55am | Edited 12:06pm
Quoting sony
Ok sorry guys..Btw which site did you use on the begining to check your trades..entry signals, tp sl..Just as info?
A person should probably learn about forex in general first. This is a great place to start:

http://www.babypips.com/

Then they should either open a demo account or trade mini lots while learnng a system or two. If you want to use Forex Factory for learning systems, there are several good threads available for that. But you'll have to read and study, and take personal responsibilty for your trades. Just popping into threads and asking for calls, entry points, etc., isn't a very good trading strategy. You can do better than that!

  • #50,176
  • Nov 14, 2007 11:59am Nov 14, 2007 11:59am
Quoting karmostaji
sure I will post when it does cross downwards.
Karmo Bro,

I am sure you must have got nice retracement, you were looking for to enter shorts. Enjoy the Pips
Success has a Thousand Fathers.
  • #50,177
  • Nov 14, 2007 12:03pm Nov 14, 2007 12:03pm
Karmo, any idea on where this thing is heading looks like there is no buying or selling interest right know. I am short from 229.40 and 230.40
  • #50,178
  • Nov 14, 2007 12:17pm Nov 14, 2007 12:17pm
Dear all,

Can anyone be kind enough to post the indicator to give monthly and daily pivot points on a MT4 platform.

Also can u plz explain how to set the pivot point for each session as i have seen people posting pivots for tokyo,london and newyork session.

Ur help is much appreciated.

Many thanks.
  • #50,179
  • Nov 14, 2007 12:23pm Nov 14, 2007 12:23pm
The DOW should have a nice sell-off at the end of the session IMO, let's see what happens.
Trade what you see, not what you think.
  • #50,180
  • Edited 12:54pm Nov 14, 2007 12:29pm | Edited 12:54pm
Looks like we could be headed toward 225.94/95 (78.6% fib) on a daily if we can break 228.70/80 support and daily pivot @ 227.88.
However, after 228.70/80 there is support beneath there @ 226.94/95 that it may bounce off of before reaching 225.94/95.
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