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

  • #75,081
  • Apr 24, 2008 3:35am Apr 24, 2008 3:35am
Not very good retail sales
Patience + Humility + Study = Success
  • #75,082
  • Apr 24, 2008 3:36am Apr 24, 2008 3:36am
Quoting msheno01
The report came back with -.4, why is GJ goin up?
Look again
Patience + Humility + Study = Success
  • #75,083
  • Apr 24, 2008 3:37am Apr 24, 2008 3:37am
I think people just realized that there was a negative sign before the .4 !
  • #75,084
  • Apr 24, 2008 3:38am Apr 24, 2008 3:38am
EUR/JPY is fun while I wait, what else is good at the moment?
Money & Pain Respect the market, protect your capital, be patient
  • #75,085
  • Apr 24, 2008 3:39am Apr 24, 2008 3:39am
Why does sales or growth or anything have anything to do with currency? Why not just interest rates?
  • #75,086
  • Apr 24, 2008 3:41am Apr 24, 2008 3:41am
i am in the good father mood from time ago , but by my rules still ruined by many , that may make me piss and ruin the party.
  • #75,087
  • Apr 24, 2008 3:42am Apr 24, 2008 3:42am
Quoting msheno01
The report came back with -.4, why is GJ goin up?
Well ... Price is News and News is Price , BUT NOT ALWAYS
Discipline + Patience - Fear - Greed = Success
  • #75,088
  • Apr 24, 2008 3:42am Apr 24, 2008 3:42am
you guys see my prenews decision was right, News was bad for GBP, but for some reason it spikes up, -2%

Anyone taking these gann bounce trades with me, i took it again at 205.48, cos i saw news was bad

Mike ill ansew ur PM now
  • #75,089
  • Apr 24, 2008 3:44am Apr 24, 2008 3:44am
Quoting ephisi
you guys see my prenews decision was right, News was bad for GBP, but for some reason it spikes up, -2%

Anyone taking these gann bounce trades with me, i took it again at 205.48, cos i saw news was bad

Mike ill ansew ur PM now
I also do 4H Gann bounces.
Along with 1/4H channel TL bounces (limit orders 7 pips before TL) with tight stops.

Usually work well and wins far outweigh any loses.
  • #75,090
  • Apr 24, 2008 3:46am Apr 24, 2008 3:46am
Quoting arezab
Well ... Price is News and News is Price , BUT NOT ALWAYS
ure wrong . always , alwas execy NFP and Interest rates statements,
dat was an opportunity to short GJ for me at 4hr gann again
  • #75,091
  • Apr 24, 2008 3:49am Apr 24, 2008 3:49am
geppy still face resistance from minor support,and that is not good at all ,
i do not want to ruin things i love to go with the flew but if did not find support to my situation .......
  • #75,092
  • Apr 24, 2008 3:51am Apr 24, 2008 3:51am
Where is Jarroo?? Isn't that an inside bar on the 4hr??
  • #75,093
  • Apr 24, 2008 3:57am Apr 24, 2008 3:57am
[quote=ephisi;1967331]
Quoting alearner
When you say after news do you wait until first retrace? or immediately after hearing it?[/quo

when trading news, u can never catch the move immediately you hear the news, so if ure trading after d news its better to wait for a retrace, but u musnt just take the break, make sure your signals give u d green light.

On d other hand there is sometin called prenews trades which i do. i place trades 5mins b4 d news depending on PA and prenews setup. my aim is to catch d spike immediately news is realesd.

Based on experience i concluded that some major players have access to d news b4 its relleased, if u train ur eye you can learn to choose d right direction b4 news. i close these trades immediately i get RR of 1:1 and above with SL of 20-25pips. its all about MM
thank you for your help.
  • #75,094
  • Apr 24, 2008 4:03am Apr 24, 2008 4:03am
[quote=alearner;1967589]
Quoting ephisi

thank you for your help.
did u make pips? youre welcome. Do u now see what i told u about prenews trades, EU trend was down on German ifo, prenews was good for over 100pips,

Easy follow d prenews trend

Also GU trend was down b4 d news, news came out bad, but for some reason it spiked up.

can u see that some people somewhee have access to news b4 news comes out

Quote

"Thanks jaroo. news is price price is news , except NFP and Interest rates"

jaroo
  • #75,095
  • Apr 24, 2008 4:10am Apr 24, 2008 4:10am
no one can tame the monster ,
no matter what happened before he still big,
note... the calls buisness is off for now and that mean no ruin other calls.
  • #75,096
  • Apr 24, 2008 4:13am Apr 24, 2008 4:13am
Quoting Tiger Hunter
no one can tame the monster ,
no matter what happened before he still big,
note... the calls buisness is off for now and that mean no ruin other calls.
So what's easier to tame Tiger Hunter? A tiger or geppy?
  • #75,097
  • Apr 24, 2008 4:17am Apr 24, 2008 4:17am
[quote=ephisi;1967599][quote=alearner;1967589]

did u make pips? youre welcome. Do u now see what i told u about prenews trades, EU trend was down on German ifo, prenews was good for over 100pips,

re uk retail
i thought GU moved about 100pips b4 news. That was strange. made 50 pre release of news.

CNBC said news was as expected (monhly) and slighly positive for year on year figure. That might explain spike up.
  • #75,098
  • Apr 24, 2008 4:26am Apr 24, 2008 4:26am
Quoting ephisi
you guys see my prenews decision was right, News was bad for GBP, but for some reason it spikes up, -2%

Anyone taking these gann bounce trades with me, i took it again at 205.48, cos i saw news was bad

Mike ill ansew ur PM now

closed my second gann bounce trade for 2.4% +62pips.

if i get another gann, i will bounce it
  • #75,099
  • Apr 24, 2008 4:29am Apr 24, 2008 4:29am
Quoting Clouds
im long
Good job, i wont always get +ve pips, im contented with d fact that my Retail sales prediction was good.

plus. i just checke the revision, deviation was -0.1 while review was +0.1 so it kind of cancelled out each other
  • #75,100
  • Apr 24, 2008 4:38am Apr 24, 2008 4:38am
Quoting forexmoments
So what's easier to tame Tiger Hunter? A tiger or geppy?
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