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

  • #66,121
  • Mar 6, 2008 11:20am Mar 6, 2008 11:20am
Quoting belekas
i think uj spoiled the trade
It should bounce, patience.
Trade what you see, not what you think.
  • #66,122
  • Mar 6, 2008 11:22am Mar 6, 2008 11:22am
Quoting karmostaji
It should bounce, patience.
But when? ^^ I don't think letting your position into a lose first then is a good idea.
Closed mine at 15 pips profit
  • #66,123
  • Mar 6, 2008 11:23am Mar 6, 2008 11:23am
can anyone help with an 8hr chart? plz if you got info on how to do it plz help
All the best things in life are free.
  • #66,124
  • Mar 6, 2008 11:24am Mar 6, 2008 11:24am
Quoting SimonJ
But when? ^^ I don't think letting your position into a lose first then is a good idea.
use a stop-loss n protect your profits
Trade what you see, not what you think.
  • #66,125
  • Mar 6, 2008 11:25am Mar 6, 2008 11:25am
Quoting SimonJ
But when? ^^ I don't think letting your position into a lose first then is a good idea.
all positions start out as losing because of the swap/spread. If you made the trade with good study, good entry, and good MM, then stick with it.
  • #66,126
  • Mar 6, 2008 11:27am Mar 6, 2008 11:27am
Quoting SimonJ
But when? ^^ I don't think letting your position into a lose first then is a good idea.
Closed mine at 15 pips profit
watch the larger time frames. short time frames are whores.
  • #66,127
  • Mar 6, 2008 11:28am Mar 6, 2008 11:28am
dear shahroodi if sushi retest 101.70 we must see GJ below 204
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  • #66,128
  • Mar 6, 2008 11:32am Mar 6, 2008 11:32am
Quoting belekas
i think uj spoiled the trade
nah..patience
Imanuel Parsifal
  • #66,129
  • Mar 6, 2008 11:32am Mar 6, 2008 11:32am
Dow, S and P and usd/jpy want to test the lows.

If they hold and turn around 207.70 area is still in play.

If not, then sell it.
  • #66,130
  • Mar 6, 2008 11:33am Mar 6, 2008 11:33am
Quoting sycho
yeah..i see some stoping at 206.43area..if we get an hrly close below then we are looking at 206.00area
I agree with that. If we would get a close below say 50 and a hold below that then we'll probably see that level again for the run up. I doubt it'll happen but it is a possibility.
I dream, therefore I become.
  • #66,131
  • Mar 6, 2008 11:34am Mar 6, 2008 11:34am
If you sell here, you may be selling at the bottom if the bottom holds
  • #66,132
  • Mar 6, 2008 11:37am Mar 6, 2008 11:37am
Quoting hussin naiji
dear shahroodi if sushi retest 101.70 we must see GJ below 204


Hey man, do you mean 102.70? how can it be 101.70?
  • #66,133
  • Mar 6, 2008 11:40am Mar 6, 2008 11:40am
Quoting karmostaji
use a stop-loss n protect your profits
hi karmo
how is the situation now? could we ride bull again? or as you mentioned the big trend is down and is it possible price came down fron 61.8 fibo?
  • #66,134
  • Mar 6, 2008 11:40am Mar 6, 2008 11:40am
Quoting mike w
I agree with that. If we would get a close below say 50 and a hold below that then we'll probably see that level again for the run up. I doubt it'll happen but it is a possibility.
Hi Mike,

I'm a noobie from Toronto, studying and paper trading the GBP/JPY pair. According to your experience, do you have a set schedule as to when you trade ... when you sleep or it's all over the place and depends on what the charts tell you as when the next trade should happen. Your advice is greatly appreciated ?

Thanks to all who post on this thread ... learning a lot !!!!

regards
  • #66,135
  • Mar 6, 2008 11:41am Mar 6, 2008 11:41am
from 130 pips now 23 pips thats a damn nice pullback makes me wanna kill somebody
  • #66,136
  • Mar 6, 2008 11:42am Mar 6, 2008 11:42am
Quoting mike w
I agree with that. If we would get a close below say 50 and a hold below that then we'll probably see that level again for the run up. I doubt it'll happen but it is a possibility.
yeah man...20minutes time should be the decider when the new bar opens..g/u already on a return leg,likewise gold...a few minute will be the decider
Imanuel Parsifal
  • #66,137
  • Mar 6, 2008 11:43am Mar 6, 2008 11:43am
Quoting belekas
from 130 pips now 23 pips thats a damn nice pullback makes me wanna kill somebody
Lol same here man.
  • #66,138
  • Mar 6, 2008 11:46am Mar 6, 2008 11:46am
GJ in blue and DJIA in black
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  • #66,139
  • Mar 6, 2008 11:47am Mar 6, 2008 11:47am
Quoting belekas
from 130 pips now 23 pips thats a damn nice pullback makes me wanna kill somebody
Calm down and you'll be fine. If your patient, it'll come to you. Trust me on that man. I think we'll see her bouncing back up now for the close
I dream, therefore I become.
  • #66,140
  • Mar 6, 2008 11:48am Mar 6, 2008 11:48am
Quoting mike w
I agree with that. If we would get a close below say 50 and a hold below that then we'll probably see that level again for the run up. I doubt it'll happen but it is a possibility.
mike is taking profits again. stop it mike!!
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