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

  • #71,081
  • Mar 27, 2008 12:06pm Mar 27, 2008 12:06pm
Quoting sycho
hello man..when dealing with this type of lady your 15min chart should be a back up or mirror not your main screen...xcept you have an appetite for red pips
I have to say the same Ephisi. If you start working with higher timeframes, you will get a better winning percentage. If the higher timeframes are screaming short, but the lower timeframes are screaming long, then you should go with the higher timeframes if you plan on holding for any period of time. The higher timeframes always hold more weight than the smaller ones.
I dream, therefore I become.
  • #71,082
  • Mar 27, 2008 12:07pm Mar 27, 2008 12:07pm
Quoting sycho
hello man..when dealing with this type of lady your 15min chart should be a back up or mirror not your main screen...xcept you have an appetite for red pips
Hello moan,

i trade based on my modification of Auslancos 4hr/1hr system, i use 15min TF 4 entry and exits and reentry, so i am in line moan, look at my analyses since on monday i became active on dis thread, dis is my first loss. My trade has virtually not hit my stop loss, i closed bcos DOW was behaving funny, and we were approaching lunchtime, market is very slow, i dont like baby sitting trades, 4 hrs, i have a life to live. my SL on GJ was 201.35 and my UJ stop loss was 100.14. i will post a screenshot of my account statement if u want.
  • #71,083
  • Mar 27, 2008 12:14pm Mar 27, 2008 12:14pm
Quoting johnchia
Have my limit sell at 200 which under 15m 50sma. If break we shall see 199 1st
carefull man ranging market
Imanuel Parsifal
  • #71,084
  • Mar 27, 2008 12:16pm Mar 27, 2008 12:16pm
Quoting sycho
carefull man ranging market
Thx bro i still holding my long just wanna scalp some pips while ranging
Sometimes in order to see the light, you have to risk the dark
  • #71,085
  • Mar 27, 2008 12:20pm Mar 27, 2008 12:20pm
Quoting sycho
carefull man ranging market

you are right bro, dats one of d reasons i exited d trade,

pls check ur PM, can i chat with u on yahoo IM
  • #71,086
  • Mar 27, 2008 12:56pm Mar 27, 2008 12:56pm
gold update available a few minute ago
Imanuel Parsifal
  • #71,087
  • Mar 27, 2008 1:01pm Mar 27, 2008 1:01pm
Quoting sycho
gold update available a few minute ago
whats new with gold bro
  • #71,088
  • Mar 27, 2008 1:17pm Mar 27, 2008 1:17pm
Quoting warta
whats new with gold bro
nothing much man just dat an looking at a 1000pips move to 940area
Imanuel Parsifal
  • #71,089
  • Mar 27, 2008 1:23pm Mar 27, 2008 1:23pm
I can see the gbp/jpy has been making a reverse for some hours now and this downtrend could continue more even up to the asian session.
Moreover there could be a more accurate long trade if the gbp/jpy breaks the 200.85 price level and it can move more than 60-70pips when this occurs
There is a resistance found at this price . or fellow traders what do u think.
  • #71,090
  • Mar 27, 2008 1:26pm Mar 27, 2008 1:26pm
Dow failed to break previous low 12332. Lets see what happens on the next test. This hour close is crucial for near term moves.
Patience + Discipline - Greed = Success
  • #71,091
  • Mar 27, 2008 1:32pm Mar 27, 2008 1:32pm
hope someone is combing with me some of this gold money
Imanuel Parsifal
  • #71,092
  • Mar 27, 2008 1:39pm Mar 27, 2008 1:39pm
Quoting Infinity
Dow failed to break previous low 12332. Lets see what happens on the next test. This hour close is crucial for near term moves.
Attached Image (click to enlarge)
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  • #71,093
  • Mar 27, 2008 1:57pm Mar 27, 2008 1:57pm
dis would be a nice time to go golfing
Imanuel Parsifal
  • #71,094
  • Mar 27, 2008 1:59pm Mar 27, 2008 1:59pm
this is bullish pattern , i recommend to buy gold now.
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  • #71,095
  • Mar 27, 2008 2:00pm Mar 27, 2008 2:00pm
Quoting sycho
dis would be a nice time to go golfing
I much prefer football (soccer) .

Cheers anyway bro.
Patience + Discipline - Greed = Success
  • #71,096
  • Mar 27, 2008 2:14pm Mar 27, 2008 2:14pm
Quoting Infinity
I much prefer football (soccer) .

Cheers anyway bro.
yeah man which ever keeps the mind off boring ranging days like this..bye all for now and have a lovely trading...trade well
Imanuel Parsifal
  • #71,097
  • Mar 27, 2008 2:43pm Mar 27, 2008 2:43pm
Quoting mike w
Here's something to look at for everyone. Right now, we have a bearish bar right at resistance so I plan on shorting from here while I keep my longer term trades in tact which are in decent profit at the moment. I'm looking to possibly see 199 from here again. Price action will lead the way. That bearish pin confirmed that bearish bat everyone was talking about at 201.50. nice work on that guys!
hmmm....gotta love p.a.
I dream, therefore I become.
  • #71,098
  • Mar 27, 2008 3:14pm Mar 27, 2008 3:14pm
Mike and sycho, do u guys now see dat my short GJ trade was very valid?
  • #71,099
  • Mar 27, 2008 3:18pm Mar 27, 2008 3:18pm
Sure thing..199 first....I never see 198 first then 199 (brake to down move)..i guess if 199 break, then 198 next?

Quoting johnchia
Have my limit sell at 200 which under 15m 50sma. If break we shall see 199 1st
  • #71,100
  • Mar 27, 2008 3:27pm Mar 27, 2008 3:27pm
Quoting parlenk
Sure thing..199 first....I never see 198 first then 199 (brake to down move)..i guess if 199 break, then 198 next?
There are times when this thing moves 150 pips in a milisecond. That way it could in theory move from say...199 to about........err 197.5 .....all that without touching 198 at all .Then it goes to 198 and then moves down more.... So I guess it is possible

Not sure if thats what he meant though .

Bless
Patience + Discipline - Greed = Success
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