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

  • #72,301
  • Apr 8, 2008 7:29am Apr 8, 2008 7:29am
Quoting khaled22
yesterday when i said to 202.50 you said to 205.75 and ask me what based on , then how you woke with pips , from longs
Talked about testing highs
Blogging daily now at www.volume.zone
  • #72,302
  • Apr 8, 2008 7:32am Apr 8, 2008 7:32am
Quoting malcolmb14
Talked about testing highs
Malcolm,

Read my post where I said I cashed out my long partially, I did get stopped out of my other long as well. Ended up picking up some pips to the downside. I'm not married to any position bull/bear, just try to get pips. I'm not stupid enough to hold longs if the charts tell me otherwise.
Patience + Humility + Study = Success
  • #72,303
  • Apr 8, 2008 7:34am Apr 8, 2008 7:34am
Quoting malcolmb14
She could kick my ball anytime ....
She could actually handle mine :
Patience + Humility + Study = Success
  • #72,304
  • Apr 8, 2008 7:43am Apr 8, 2008 7:43am
dutch dont feel bad, the only 1 i know who should feel bad is jakobtrader ...going full short at 1.44 at euro,..bang 1.5k pips up...is the price right now....just for example i say right now...go short evrything, from carries to euro to evrything,...what do u think i care if someone is stucked with his shorts,...nope....but if broker doesnt fill u, thats the other thing, so those buy stop and sell stops, without a fix sl, is to me fatamorgana,...trust me,...anti hedging fatamorgana...
its just money
  • #72,305
  • Apr 8, 2008 7:52am Apr 8, 2008 7:52am
Quoting quecee5
Gd morning all =
Woke up and price right were is was when I went to sleep =
Let the "games began". . .
hi que and good morning
what do you think about situation ? is it possible to continue downside ?
  • #72,306
  • Apr 8, 2008 7:59am Apr 8, 2008 7:59am
Quoting skillwill
Goodmorning.

I must commend you on your precision....demand in the 201.30 region ( a little slide to 201.12) but then back up with some resistance just below 202.24 (again spot on)....201.19 area.

Learning alot Q from you. Thanks for sharing your knowledge. Learning to appreciate 4hr pivot and support and resistance levels so much more since you brought it to my attention.

sw

Can someone please tell me how to remove the "edit" from my post. Thanks
Thxs for the kind words bro. . .
That's what this thread is all about passing on knowledge so we all can become better traders. Aus blessed us with his fine gifts so the least we can do is keep the trend going as we learn new and improves ways to trade this beast. =
  • #72,307
  • Apr 8, 2008 8:08am Apr 8, 2008 8:08am
I posted this chart around 8pm last night. 200.70 is strong support @ the -38% EXT & 38% FIBs. Its amazing how this down channel caught the price & held it.
Attached Image (click to enlarge)
Click to Enlarge Name: GJ 4-6.png Size: 59 KB
  • #72,308
  • Apr 8, 2008 8:08am Apr 8, 2008 8:08am
Quoting danryman78
hi que and good morning
what do you think about situation ? is it possible to continue downside ?
Looking at the daily it looks like 200.80 area is the next target but price could go back to test intraday pivot and daily resistance at 202.20/40 area 1st.

A failure up there would be a good shorting opportunity but if it breaks to the upside then price could go back and challenge 203 area which is the daily pivot. . .

I'm going to enter long shortly if price keeps bouncing off the daily support @ 201.40 to ride a short-term long up. . .
But trade what u see!
  • #72,309
  • Apr 8, 2008 8:10am Apr 8, 2008 8:10am
see NYBOT
jun2008 open high low last
202.21 202.21 202.21 202.21
sep2008 199.115 199115 199.115 199.115
dec2008 197.040 197.040 197.040 197.040
  • #72,310
  • Apr 8, 2008 8:11am Apr 8, 2008 8:11am
DT what's your thoughts?
  • #72,311
  • Apr 8, 2008 8:14am Apr 8, 2008 8:14am
see CME
JUN2008 open-----high-----low-------last
1.9697 1.9697 1.9680 1.9680
SEP2008 1.9582 1.9582 1.9582 1.9582
  • #72,312
  • Apr 8, 2008 8:26am Apr 8, 2008 8:26am
Entered long for the ride up to at least 202/202.30/40 area with tight stops. Will re-evaluate once I GJ gets up there if/when. . .

Good luck in your trading today!
  • #72,313
  • Apr 8, 2008 8:27am Apr 8, 2008 8:27am
Quoting quecee5
Entered long for the ride up to at least 202.30/40 area with tight stops. Will re-evaluate once I GJ gets up there if/when. . .

Good luck in your trading today!
Q,

As always your contribution is excellent bro
Patience + Humility + Study = Success
  • #72,314
  • Apr 8, 2008 8:31am Apr 8, 2008 8:31am
Pls what is the best s/p that i can use for mini account i have only $100 in my account pls help with this.
  • #72,315
  • Apr 8, 2008 8:33am Apr 8, 2008 8:33am
Quoting quecee5
Gd morning all =
Woke up and price right were is was when I went to sleep =
Let the "games began". . .
  • #72,316
  • Apr 8, 2008 8:33am Apr 8, 2008 8:33am
Quoting DutchTrader
Q,

As always your contribution is excellent bro
What are u thinking DT? Or are u on the sidelines? I'm thinking a close above intraday pivot @ 201.60 should get us to at least 202. . .
  • #72,317
  • Apr 8, 2008 8:34am Apr 8, 2008 8:34am
IMO, Based on price action we have a shooting star and Doji on the 30min, and a few on the 1hr. Its also at the bottom of the 1hr downtrend channel. So i think we should be going up atleast to the 202.xx area.
  • #72,318
  • Apr 8, 2008 8:34am Apr 8, 2008 8:34am
Quoting Jerry
Gd morning bro =
  • #72,319
  • Apr 8, 2008 8:34am Apr 8, 2008 8:34am
Quoting quecee5
What are u thinking DT? Or are u on the sidelines? I'm thinking a close above intraday pivot @ 201.60 should get us to at least 202. . .
I agree that we should see a bounce, but don't forget about the Dow, and I am flat right now. No position just seeing whether we can get above the PP
Patience + Humility + Study = Success
  • #72,320
  • Apr 8, 2008 8:35am Apr 8, 2008 8:35am
Quoting hcruces
IMO, Based on price action we have a shooting star and Doji on the 30min, and a few on the 1hr. Its also at the bottom of the 1hr downtrend channel. So i think we should be going up atleast to the 202.xx area.
I'm thinking the same thing bro =
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