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

  • #58,081
  • Jan 9, 2008 3:01pm Jan 9, 2008 3:01pm
Quoting MMDealer
Yeah i going to do a runner when i hit 50 pips profit... and wait for a short opportunity higher.
Ok fine ill take 70. Sweet.
"If it bleeds ... we can kill it"
  • #58,082
  • Jan 9, 2008 3:02pm Jan 9, 2008 3:02pm
Quoting ovaforty
i closed at 215.23 for +90 pips

its a crapshoot if it breaks there inho i closed as well..... lets see next what happens....
  • #58,083
  • Jan 9, 2008 3:05pm Jan 9, 2008 3:05pm
Quoting ovaforty
i closed at 215.23 for +90 pips
oh amazing bro cause I did the same pip from this run. Congratulations to you and others. I actually scalped today all the time, just 480+ points and I think it is more than enough for me for today. oh ... I love this pair.
Discipline + Patience - Fear - Greed = Success
  • #58,084
  • Jan 9, 2008 3:05pm Jan 9, 2008 3:05pm
Quoting arezab
oh amazing couse I did the same pip from this run bro. I actually scalped today all the time, just 480+ points and I think it is more than enough for me for today. oh ... I love this pair.
nice!!!
  • #58,085
  • Jan 9, 2008 3:08pm Jan 9, 2008 3:08pm
possible big upside movement?...cant post chart at the moment...but there is a a ascending tringle on my 3 hour chart looks like mite break..will it bring g/y up further?..im a newb..so thoughts please..cheerz
Fear's for the other guy
  • #58,086
  • Jan 9, 2008 3:08pm Jan 9, 2008 3:08pm
Quoting arezab
oh amazing bro cause I did the same pip from this run. Congratulations to you and others. I actually scalped today all the time, just 480+ points and I think it is more than enough for me for today. oh ... I love this pair.
I have a love/hate relationship with this pair...

Tightening my money management skills will skew my favour...
"If it bleeds ... we can kill it"
  • #58,087
  • Jan 9, 2008 3:08pm Jan 9, 2008 3:08pm
Quoting dagoods
her ya go gl eeveryone

TRADE YOUR OWN PLAN NOT MINE! CHECK MARKS ARE NOT GUARANTEED AT ALL JUST A POSSIBILITY!
You give great charts but i gotta tell ya, I NEED GUARANTEES!!!!!!
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #58,088
  • Jan 9, 2008 3:09pm Jan 9, 2008 3:09pm
I am short from 215.14 till 4:45Pm and then will buy again for tripple interest. +155 till now
  • #58,089
  • Jan 9, 2008 3:10pm Jan 9, 2008 3:10pm
test
  • #58,090
  • Edited 6:00pm Jan 9, 2008 3:12pm | Edited 6:00pm
Quoting dagoods
its a crapshoot if it breaks there inho i closed as well..... lets see next what happens....
Dagwood I agree I now have a stop in at 214.70 and leave it with a 45 trialing
carl
  • #58,091
  • Jan 9, 2008 3:12pm Jan 9, 2008 3:12pm
Quoting vinesh2
I am short from 215.14 till 4:45Pm and then will buy again for tripple interest. +155 till now
glad to see ya back on the winning track. i am out until asian session or possibly london/frankfurt.
I had +127 pips short and +90 pips long.
Good enough.
  • #58,092
  • Jan 9, 2008 3:15pm Jan 9, 2008 3:15pm
looks like it ....hmmmmmmm...well the chart tells the story....
Attached Image (click to enlarge)
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  • #58,093
  • Jan 9, 2008 3:22pm Jan 9, 2008 3:22pm
Quoting boomer1
Dagwood I agree I now have a stop in at 215.70 and leave it with a 45 trialing
carl
sorry typo stop at 214.70
  • #58,094
  • Jan 9, 2008 3:25pm Jan 9, 2008 3:25pm
Dagoods,

I have a short bias from here for the following reasons. Confluence of a 23.8% and a 38.2% ret levels plus the black horizontal level of resistance. will prob have a think about it (consolodate) up here for a little while, but im looking for a great short opportunity in the asian session. If it doesnt play out... no big deal...
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 136 KB
"If it bleeds ... we can kill it"
  • #58,095
  • Jan 9, 2008 3:26pm Jan 9, 2008 3:26pm
I wanna see how it handles 215.31 and how UJ handles 110
  • #58,096
  • Jan 9, 2008 3:31pm Jan 9, 2008 3:31pm
Quoting MMDealer
I have a love/hate relationship with this pair...

Tightening my money management skills will skew my favour...
hi MMDealer, I think you're gonna get used to it ... be patient. For me was it the same. The truth is since I began to scalp this pair (mostly in 5M), everything has just turned to Love and Hate is almost disappearing for me.
It's almost 4 weeks I scalp GJ and I've been much more successful than 8 months before which is the time I've devoted only to trade this pair.

At the beginning I was not sure if it's going to work because of high volatility and wide spread but I see now it's more than possible. I know you are in favor of trading longer time frames and I accept that it is more technical and gives better sight of markets movement but if you trade this time frame, you will loose your general sight and in fact you don't need that anymore , you just need to follow your system. That is what I'm doing and I'm comfortable ... although I've an eye on 1H and 4H but just to have an overlook from the market in general.

My experience with this particular pair in 5M is that trading this time frame is not scalping (i.e going for just 5 or 10 points). It gives you sometimes more than 100 pips so I can't compare it with the other pairs when it comes to scalping.

I don't know if you've tried that or not, but I recommend to try it for one week or two trading in 5M. Perhaps you'd like it.
Discipline + Patience - Fear - Greed = Success
  • #58,097
  • Jan 9, 2008 3:32pm Jan 9, 2008 3:32pm
Quoting ovaforty
I wanna see how it handles 215.31 and how UJ handles 110

Yeah, thinking logically, the momentum of this little move up will prob see it test a bit higher still... hmm. PA to confirm.
"If it bleeds ... we can kill it"
  • #58,098
  • Jan 9, 2008 3:33pm Jan 9, 2008 3:33pm
Time has run out price must advance north into 1/11 20:00 give or take
"Millionaires don't use astrology, billionaires do"
  • #58,099
  • Jan 9, 2008 3:36pm Jan 9, 2008 3:36pm
Quoting OrionsWay
Time has run out price must advance north into 1/11 20:00 give or take
Hey bro,
Forgive my ignorance, but can you explain what you mean here, and why you believe price will run up? Interest?

Thanks - lookin to learn of you senior guys.
"If it bleeds ... we can kill it"
  • #58,100
  • Jan 9, 2008 3:37pm Jan 9, 2008 3:37pm
Quoting OrionsWay
Time has run out price must advance north into 1/11 20:00 give or take

wow reading these posts seems like a consnsus of south, north? hmmmmmmm gotta love gj!


lol
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