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

  • #67,041
  • Mar 10, 2008 9:45am Mar 10, 2008 9:45am
Quoting kimmy
hi all

could you please tell me whether the links at the bottom of this thread aboutthe strategy and how to set charts up that was written back in august by auslanco are all current and still valid?
also has anyone tried out the EA that was posted by allisonn in december?
thanks
kim
Yes, Aus keeps them up-2-date as much as possible. . .
  • #67,042
  • Mar 10, 2008 10:02am Mar 10, 2008 10:02am
Negative Koma......

I feel like I am slipping into a coma this afternoon.........
  • #67,043
  • Mar 10, 2008 10:14am Mar 10, 2008 10:14am
Thats some woodchopping down on the poundyen
  • #67,044
  • Mar 10, 2008 10:18am Mar 10, 2008 10:18am
oh so boring market day today
  • #67,045
  • Mar 10, 2008 10:18am Mar 10, 2008 10:18am
Hi Q. Check your PM bro.
  • #67,046
  • Mar 10, 2008 10:27am Mar 10, 2008 10:27am
Quoting vinesh2
Hi Q. Check your PM bro.
Just did bro and responded. . .
  • #67,047
  • Mar 10, 2008 10:34am Mar 10, 2008 10:34am
anybody who knows when will there will be any news regarding FEDs interest statements?

thanks
  • #67,048
  • Mar 10, 2008 10:38am Mar 10, 2008 10:38am
Quoting rob4u
anybody who knows when will there will be any news regarding FEDs interest statements?

thanks
I'm pretty sure this guy does......but don't ask him, he won't tell ya
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Patience + Discipline - Greed = Success
  • #67,049
  • Mar 10, 2008 10:38am Mar 10, 2008 10:38am
Quoting quecee5
Guess it all depends where u are short from. . .
IMO, GJ is OS and will probably be in range mode for a couple of days. We could see GJ range b/n 204.90 - 209.60 like many have suggested on this thread. My only suggestion would be to lock in profits when you get them because GJ could reverse quickly once certain price levels are achieved.

I'm not in any GJ position at the moment - waiting for GJ to reach its range extremes before entering. . .

Good trading all. . .
So you don't think it will break 204.9?
  • #67,050
  • Mar 10, 2008 10:41am Mar 10, 2008 10:41am
I pose this question with no ill will. I am just curious. I apologize if this topic has been covered before...

Are there any muslims that browse or post in this thread? I was under the impression that spot trading was against your religious beliefs. I also thought that was why Iran didn't have spot Oil trading, just futures. Can someone enlighten me?

Thank you,
TFX

"Timing Is Everything. Really I Swear It Is"
  • #67,051
  • Mar 10, 2008 10:43am Mar 10, 2008 10:43am
If we could break this 4 hr lower trend line , down we go....Then interest statement could change everything



Quoting quecee5
Guess it all depends where u are short from. . .
IMO, GJ is OS and will probably be in range mode for a couple of days. We could see GJ range b/n 204.90 - 209.60 like many have suggested on this thread. My only suggestion would be to lock in profits when you get them because GJ could reverse quickly once certain price levels are achieved.

I'm not in any GJ position at the moment - waiting for GJ to reach its range extremes before entering. . .

Good trading all. . .
  • #67,052
  • Mar 10, 2008 10:46am Mar 10, 2008 10:46am
Quoting marcb
So you don't think it will break 204.9?
Didn't say that at all. . .
These are levels to watch if you are playing the range.
A break and close below 204.90 area would be a bearish signal for a continuation toward 203 area again then 201 area. . .

However, if it holds - would be a good place to long for a ride to the top of the range which will be 207.41 1st - a break of this will see 208.50 then 209.60-210 area on a break of 208.50. . . Then this could be a good place to short on a failure up there. . .209.60-210 area is the 61.8% fib and 208.50 is the 50% fib from the fall started at 213.47-203.49. . .

Just keep this in mind when playing the range. . . Btw, the demand for the pair is ar'd 204.80 area. . .
  • #67,053
  • Mar 10, 2008 10:47am Mar 10, 2008 10:47am
WOW

I was holding shorts from morning 205.30.I was moving stop loss higher and higher,and now I see it was worth
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  • #67,054
  • Mar 10, 2008 10:51am Mar 10, 2008 10:51am
UR lucky. Never move the stop unless u have solid evidence it s going the other way.

Quoting Pinkpanter
WOW

I was holding shorts from morning 205.30.I was moving stop loss higher and higher,and now I see it was worth
  • #67,055
  • Mar 10, 2008 10:55am Mar 10, 2008 10:55am
Quoting Pinkpanter
WOW

I was holding shorts from morning 205.30.I was moving stop loss higher and higher,and now I see it was worth
You are just going to loose more than your initial plan and that's very bad.

http://www.freesmileys.org/smileys/sex020.gif
  • #67,056
  • Mar 10, 2008 10:57am Mar 10, 2008 10:57am
Quoting crashout
You are just going to loose more than your initial plan and that's very bad.

http://www.freesmileys.org/smileys/violent014.gif
My plan is to break even
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  • #67,057
  • Mar 10, 2008 10:57am Mar 10, 2008 10:57am
It looks to me like the hourly trendline will be convincingly broken. GJ is testing the daily S1 right now. A break of this level I might join in for a quick short ride down to the 204 area.
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  • #67,058
  • Mar 10, 2008 10:58am Mar 10, 2008 10:58am
Quoting Infinity
I'm pretty sure this guy does......but don't ask him, he won't tell ya
  • #67,059
  • Mar 10, 2008 10:58am Mar 10, 2008 10:58am
when your loosing just let it go...

coulda lost ALOT more moving stops, you were gambling.
  • #67,060
  • Mar 10, 2008 11:00am Mar 10, 2008 11:00am
Quoting Pinkpanter
WOW

I was holding shorts from morning 205.30.I was moving stop loss higher and higher,and now I see it was worth
That's great that you're able to identify where the bottom was. But you're supposed to long from the bottom.
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