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

  • #69,521
  • Mar 18, 2008 1:29pm Mar 18, 2008 1:29pm
Quoting mktjong
I love this game, shorted @ 199.27 ;-)
Out for 100+ pips
  • #69,522
  • Mar 18, 2008 1:29pm Mar 18, 2008 1:29pm
Quoting mike w
Hey everybody how's it goin? I'm planning on jumping back into the belly of the beast once PA shows me a way so I'm on the sidelines until the next 4 hour bar comes out. Right now, we're in the middle of some monster choppiness so I'm not sure what to make out of it at the moment. Look back on the weekly charts and you'll see that price was around this area for quite some time a while back. Anybody have any thoughts on it?

Here's a 4 hour chart of it. If we would get a pin bar at this level, those red lines act as basic resistance. With that, I would plan on taking a small short position. If we don't see a pin bar, then I got nothin lol Hope everybody's trading is going good!
am not greedy lol i picked my 150 pips and will sit beside my friend mike playing blackjack
  • #69,523
  • Mar 18, 2008 1:30pm Mar 18, 2008 1:30pm
Why Dow is not moving too much
  • #69,524
  • Mar 18, 2008 1:30pm Mar 18, 2008 1:30pm
Quoting warta
am not greedy lol i picked my 150 pips and will sit beside my friend mike playing blackjack
Good stuff my man!
I dream, therefore I become.
  • #69,525
  • Mar 18, 2008 1:32pm Mar 18, 2008 1:32pm
Quoting mktjong
I love this game, shorted @ 199.27 ;-)
Same.

I'm worried about a late day rally, however.
  • #69,526
  • Mar 18, 2008 1:32pm Mar 18, 2008 1:32pm
Quoting mike w
Good stuff my man!

we miss u mikyy where have u been ?
  • #69,527
  • Mar 18, 2008 1:34pm Mar 18, 2008 1:34pm
The verbage has traders scratching their heads!!
Price does what price wants , I just need to be prepared.
  • #69,528
  • Mar 18, 2008 1:34pm Mar 18, 2008 1:34pm
Quoting mktjong
Why Dow is not moving too much
It is already 140 off its high.
  • #69,529
  • Mar 18, 2008 1:36pm Mar 18, 2008 1:36pm
Mikey has left us and joined the PS!!!
  • #69,530
  • Mar 18, 2008 1:39pm Mar 18, 2008 1:39pm
What a day.Made today 3500$,and now just blow up my account,because of wild spread about 100pips or more on the news,was in right direction
{Promotion Removed}
  • #69,531
  • Mar 18, 2008 1:39pm Mar 18, 2008 1:39pm
Quoting warta
we miss u mikyy where have u been ?
Vacation dude! haha I'm back and posting more again now though. I took that as a loss last week but I'm making up for it this week more than likely. That's forex for ya lol
Look at it drop now, I should have just jumped in, but I'll just wait for the close on the 4 hour, then the dailies. This market is ridiculous right now. I'm getting my head on straight again this week and looking into anything that could give way for a direction from this point. Most likely down down down. The usd/jpy is probably going to close as a bearish bar on the 4 hour as well, which is at resistance so I could look to see this thing moving lower fairly soon. That's just what I'm seeing at the moment, but it could change before the bar's up.
I dream, therefore I become.
  • #69,532
  • Mar 18, 2008 1:40pm Mar 18, 2008 1:40pm
Quoting vinesh2
Mikey has left us and joined the PS!!!
No I havent man! lol Im still here and kickin. Well, im not kickin but im here haha
I dream, therefore I become.
  • #69,533
  • Mar 18, 2008 1:41pm Mar 18, 2008 1:41pm
Quoting Pinkpanter
What a day.Made today 3500$,and now just blow up my account,because of wild spread about 100pips or more on the news,was in right direction
Money Management bro....most important to survive.
Patience + Discipline - Greed = Success
  • #69,534
  • Mar 18, 2008 1:44pm Mar 18, 2008 1:44pm
Hey Mike,

I hope you enjoyed your vacation bro.
Patience + Discipline - Greed = Success
  • #69,535
  • Mar 18, 2008 1:46pm Mar 18, 2008 1:46pm
Quoting Infinity
Hey Mike,

I hope you enjoyed your vacation bro.
Hey Infinity! Yeah it was good for sure. haha And I hope your trading and everything is going good too! Here's to a good trading week for us!
I dream, therefore I become.
  • #69,536
  • Mar 18, 2008 1:47pm Mar 18, 2008 1:47pm
Is GBP/JPY going up or down
  • #69,537
  • Mar 18, 2008 1:47pm Mar 18, 2008 1:47pm
Quoting mike w
Vacation dude! haha I'm back and posting more again now though. I took that as a loss last week but I'm making up for it this week more than likely. That's forex for ya lol
Look at it drop now, I should have just jumped in, but I'll just wait for the close on the 4 hour, then the dailies. This market is ridiculous right now. I'm getting my head on straight again this week and looking into anything that could give way for a direction from this point. Most likely down down down. The usd/jpy is probably going to close as a bearish bar on the 4 hour as well, which is at resistance so I could look to see this thing moving lower fairly soon. That's just what I'm seeing at the moment, but it could change before the bar's up.

i c the 5 SMA bouncing again the price and chould be a R but i think bear will continue more and more so am not sure if its good idea to go short now or to wait a lil bit
what u think miky
  • #69,538
  • Mar 18, 2008 1:47pm Mar 18, 2008 1:47pm
Quoting drewg
It is already 140 off its high.
No, not what I think it's going to be .. still very high.
I am sideline now .. looking for prey
  • #69,539
  • Mar 18, 2008 1:50pm Mar 18, 2008 1:50pm
Quoting warta
i c the 5 SMA bouncing again the price and chould be a R but i think bear will continue more and more so am not sure if its good idea to go short now or to wait a lil bit
what u think miky
I'm not saying anything on it now until that bar closes on the 4 hour. It looks like the reaction to the news is over now and it might keep heading on higher. I may just wait till the daily comes out to see what it looks like too. For now, I'm not taking sides in this tug o' war lol
I dream, therefore I become.
  • #69,540
  • Mar 18, 2008 1:50pm Mar 18, 2008 1:50pm
Quoting mktjong
No, not what I think it's going to be .. still very high.
I am sideline now .. looking for prey

lool pray for me too haha maybe god can hear u
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