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

  • #64,481
  • Mar 3, 2008 2:15am Mar 3, 2008 2:15am
Quoting karmostaji
yes, long from 207-8 area, i'm keeping em and see what the market/indicators tell me. you might think it's a big drawdown but it's peanuts comparing to the profits i made last month.

good MM is used, as always.
Thank you. This morning I have closed all my shorts and for the moment I'm out of any positions. IMHO we need a retracement b4 more downside move. Good luck
  • #64,482
  • Mar 3, 2008 2:17am Mar 3, 2008 2:17am
Quoting auslanco
hi Karmo.. good to see you bro. Hope you are well.
Hi Auslanco

I'm doing good thanx, it's great to see you post here again. Everybody missed you, you should hang out here more often bro
Trade what you see, not what you think.
  • #64,483
  • Mar 3, 2008 2:20am Mar 3, 2008 2:20am
hi auslanco,
was just asking about you. missed your insights. how have you been?
  • #64,484
  • Mar 3, 2008 2:20am Mar 3, 2008 2:20am
Quoting auslanco
yes.. I'm thinking mid 203 within this month.. we have a bullish weekly momentum this week.. which could slowdown the fall..
Nice Call, Aus.
Indicators show the past. Price Action "Indicates" the future.
  • #64,485
  • Mar 3, 2008 2:25am Mar 3, 2008 2:25am
Quoting karmostaji
Hi Auslanco

I'm doing good thanx, it's great to see you post here again. Everybody missed you, you should hang out here more often bro
thanks Karmo, Yehh I will be able to spend more time in here..It was a very hectic last few months for me.
  • #64,486
  • Mar 3, 2008 2:26am Mar 3, 2008 2:26am
Quoting auslanco
thanks Karmo, Yehh I will be able to spend more time in here..It was a very hectic last few months for me.
Fantastic news, hopefully this thread can get back fully on track as it used to be
Trade what you see, not what you think.
  • #64,487
  • Mar 3, 2008 2:32am Mar 3, 2008 2:32am
Quoting jarroo
Nice Call, Aus.
Thanks Jaroo,
Yeh it was based on last month momentum.. This months momentum points below 200 level.. But there will be a pull back from tomorrow onwards and then down again after the BoE rate announcement.
  • #64,488
  • Mar 3, 2008 2:32am Mar 3, 2008 2:32am
aus, what are your thoughts for today? any trading advise? your insights are greatly appreciated.
  • #64,489
  • Mar 3, 2008 2:33am Mar 3, 2008 2:33am
Quoting auslanco
thanks Karmo, Yehh I will be able to spend more time in here..It was a very hectic last few months for me.
Hi Aus!
Very good to see you! You have been missed.
Take some time to smell the Roses my friend.
  • #64,490
  • Mar 3, 2008 2:33am Mar 3, 2008 2:33am
If this bottom holds and we get a 1H and 4H candles closed above the Gann hilo's sometime today, we should see a good retracement, as usual we all know the famous 50% that this beast loves.

http://img172.imageshack.us/img172/8049/gjlk4.gif
Trade what you see, not what you think.
  • #64,491
  • Mar 3, 2008 2:37am Mar 3, 2008 2:37am
dear karmostaji we must peep to GPB Manufacturing PMI today ,if we see above 51. im agree with u but if ........
  • #64,492
  • Mar 3, 2008 2:37am Mar 3, 2008 2:37am
Quoting karmostaji
If this bottom holds and we get a 1H and 4H candles closed above the Gann hilo's sometime today, we should see a good retracement, as usual we all know the famous 50% that this beast loves.
Karmo,

I have been meaning to ask you for some time, What setting do you use on your Gann?
(on my chart package the default is 3).
  • #64,493
  • Mar 3, 2008 2:38am Mar 3, 2008 2:38am
Quoting Mysticdiver
Hi Aus!
Very good to see you! You have been missed.
Take some time to smell the Roses my friend.
Hi Mystic. Love your new avatar. Hope you are well
  • #64,494
  • Mar 3, 2008 2:38am Mar 3, 2008 2:38am
Quoting hussin naiji
dear karmostaji we must peep to GPB Manufacturing PMI today ,if we see above 51. im agree with u but if ........
I know you are concerned about the news but once a professional trader, a master of PA called Jarroo said this 'Price is news, news is price'
Trade what you see, not what you think.
  • #64,495
  • Mar 3, 2008 2:40am Mar 3, 2008 2:40am
Quoting Mysticdiver
Karmo,

I have been meaning to ask you for some time, What setting do you use on your Gann?
(on my chart package the default is 3).
As you know I use auslanco's system on VT chart, and the Gann hilo's setting is Lookback period: 10
Trade what you see, not what you think.
  • #64,496
  • Mar 3, 2008 2:41am Mar 3, 2008 2:41am
Quoting karmostaji
Monthly S1 @ 203.55
203.55 looks strong. May try a small long if it retests.
Indicators show the past. Price Action "Indicates" the future.
  • #64,497
  • Mar 3, 2008 2:41am Mar 3, 2008 2:41am
Quoting karmostaji
I know you are concerned about the news but once a professional trader, a master of PA called Jarroo said this 'Price is news, news is price'
Indicators show the past. Price Action "Indicates" the future.
  • #64,498
  • Mar 3, 2008 2:46am Mar 3, 2008 2:46am
Quoting auslanco
hi Karmo.. good to see you bro. Hope you are well.
Welcome back, Aus, this thread was not the same after you left, still many kept it alive and hope that you start to be here more often, we have learnt lots from you
  • #64,499
  • Mar 3, 2008 2:46am Mar 3, 2008 2:46am
Quoting auslanco
Hi Mystic. Love your new avatar. Hope you are well
Aus,
Yes the new Avatar seems to fit better than the old wreck I used to wear

If you ever get to the NYC area, give me a shout, I'll take you sailing.
  • #64,500
  • Mar 3, 2008 2:48am Mar 3, 2008 2:48am
Quoting sycho
i would place my bet 204 will be broken and i see it all the way down to 180area
looks like i and aus won this one from karmo...am looking at seeing 200 sooner than expected...1hr qqe5 just about to cross the 25level if it does is see it going all the way to 204.59 before pouring down to break down to 200..all depends on the pmi coming up in an hrs time...my report is coming up in a few minute ...hello aus welcome back to the thread,there have been some upgrade on some of the tools you use,though its in pasil-strategy but qqe5,multi mm are involve if check back a couple of my post you would find them check it out and make your comment
Imanuel Parsifal
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