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

  • #70,261
  • Mar 20, 2008 3:37pm Mar 20, 2008 3:37pm
Quoting sharon_gpl
Hi Warta,

This is the other pair I am trying to learn to trade, if you have the time could you please kindly share your thoughts on it. Really appreciate any inputs. Thanks in advance

the support just bounce the price so there is no confirmation to go short
  • #70,262
  • Mar 20, 2008 3:38pm Mar 20, 2008 3:38pm
Quoting mike w
Ok, so it works kind of like MA's do to represent s/r. Nice stuff man, it bounced right off of it, it looks like. That goes along with the thought that we need a retracement first before moving any higher If we should move higher. Nice analysis!
A question

Does 15 min macd suggest a possibility of a short or do we trend up to 197.61 / 198.29 first
  • #70,263
  • Mar 20, 2008 3:40pm Mar 20, 2008 3:40pm
Quoting sharon_gpl
Thanks Warta. Shorted eur/gbp at 0.7871 and tp at 0.7775. Thanks a lot for the input. What is your view on that pair for today please.
Good job, u made close to 100 pips on this pair is extremely uneasy :-) U should treat Warta for that, isn't it?

My take: It is currently right at a solid support, unless it breaks otherwise it could reverse to the upside
  • #70,264
  • Mar 20, 2008 3:43pm Mar 20, 2008 3:43pm
Quoting forexlion
A question

Does 15 min macd suggest a possibility of a short or do we trend up to 197.61 / 198.29 first

price rejected again from the gann hi/lo
  • #70,265
  • Mar 20, 2008 3:45pm Mar 20, 2008 3:45pm
Quoting mktjong
Good job, u made close to 100 pips on this pair is extremely uneasy :-) U should treat Warta for that, isn't it?

My take: It is currently right at a solid support, unless it breaks otherwise it could reverse to the upside

lool MK
my only treat i wish is a pray to stand up again and walk after my accident
  • #70,266
  • Mar 20, 2008 3:47pm Mar 20, 2008 3:47pm
seems topside is being rejected for 190 later this week.
  • #70,267
  • Mar 20, 2008 3:48pm Mar 20, 2008 3:48pm
MKTJONG,

Yes I definitely owe Warta a treat. As for eur/gbp, the 30 min candle closed at 7.667, but as you said I looked at the chart and the 10 and 30 ma seems to indicate to the upside, so I will short with 20 pip stoploss.

Thanks a lot for the input. Good trades to you.
  • #70,268
  • Mar 20, 2008 3:49pm Mar 20, 2008 3:49pm
Quoting warta
lool MK
my only trat i wish is a pray to stand up again and walk after my accident
Ohh .. poor Warta.. what happen? Forex again ..
  • #70,269
  • Mar 20, 2008 3:51pm Mar 20, 2008 3:51pm
Quoting mktjong
Ohh .. poor Warta.. what happen? Forex again ..
noo a 6 weels scalping my car on the road
  • #70,270
  • Mar 20, 2008 3:51pm Mar 20, 2008 3:51pm
Hi Warta,

I am so sorry about your accident. I will definitely pray for your recovery and I am sure you will. God bless you.
  • #70,271
  • Mar 20, 2008 3:52pm Mar 20, 2008 3:52pm
Quoting sharon_gpl
MKTJONG,

Yes I definitely owe Warta a treat. As for eur/gbp, the 30 min candle closed at 7.667, but as you said I looked at the chart and the 10 and 30 ma seems to indicate to the upside, so I will short with 20 pip stoploss.

Thanks a lot for the input. Good trades to you.

sharon bro its not a good idea to short now coz its aretrace so just wait a lil bit coz maybe the retrace will take u agaib to @ 0.7780 the 5sma
  • #70,272
  • Mar 20, 2008 3:54pm Mar 20, 2008 3:54pm
Quoting sharon_gpl
Hi Warta,

I am so sorry about your accident. I will definitely pray for your recovery and I am sure you will. God bless you.
accident ?? was it a girl ?
  • #70,273
  • Mar 20, 2008 3:56pm Mar 20, 2008 3:56pm
Quoting forexlion
accident ?? was it a girl ?

no bro , a big car accident and now am not able to walk and maybe for the rest of life , thats why am trading now coz its my only way to continue my life
  • #70,274
  • Mar 20, 2008 3:58pm Mar 20, 2008 3:58pm
Quoting warta
sharon bro its not a good idea to short now coz its aretrace so just wait a lil bit coz maybe the retrace will take u agaib to @ 0.7780 the 5sma
Is this correct. Sharon is male?
Patience + Discipline - Greed = Success
  • #70,275
  • Mar 20, 2008 3:58pm Mar 20, 2008 3:58pm
Quoting forexlion
A question

Does 15 min macd suggest a possibility of a short or do we trend up to 197.61 / 198.29 first
I have no idea my man! lol I don't use MACD, I just use price action and some ma's for backup. Right now, it looks like the 4 hour pin is holding up nicely.
I dream, therefore I become.
  • #70,276
  • Mar 20, 2008 4:02pm Mar 20, 2008 4:02pm
LOL,

Sharon, a male or female, thats the question.
  • #70,277
  • Mar 20, 2008 4:03pm Mar 20, 2008 4:03pm
Quoting sharon_gpl
LOL,

Sharon, a male or female, thats the question.
yeah this name can be for both
  • #70,278
  • Mar 20, 2008 4:03pm Mar 20, 2008 4:03pm
Quoting warta
noo a 6 weels scalping my car on the road
Whatt?? u scalp the forex and your car got scalped .. I don't know I should laugh or not .. j/k bro .. take good care.
  • #70,279
  • Mar 20, 2008 4:06pm Mar 20, 2008 4:06pm
Quoting mktjong
Whatt?? u scalp the forex and your car got scalped .. I don't know I should laugh or not .. j/k bro .. take good care.

hahaha nice one bro but the is a rule in this world : u can scalp whatever but be sure that there is somewho will scalp u too
  • #70,280
  • Mar 20, 2008 4:06pm Mar 20, 2008 4:06pm
Quoting warta
no bro , a big car accident and now am not able to walk and maybe for the rest of life , thats why am trading now coz its my only way to continue my life
Sorry to hear that bro.. hope you are ok. Keep u in praying bro ..
Take care.
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