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

  • #76,361
  • Apr 29, 2008 10:07am Apr 29, 2008 10:07am
Quoting lilmoe
now that's what u call freagen slippage
Tell me about it..
  • #76,362
  • Apr 29, 2008 10:07am Apr 29, 2008 10:07am
Gone long (small position to test)...Lets see what happens
  • #76,363
  • Apr 29, 2008 10:08am Apr 29, 2008 10:08am
Quoting shakesfx
Never mind - there's always another trade, this is only people liquidating positions and market manipulation before news tomorrow...I think
better to deal with the pips at hand..tmrw will take care of it self...lopks like the gold testing to 874,872 is coming to play
Imanuel Parsifal
  • #76,364
  • Apr 29, 2008 10:10am Apr 29, 2008 10:10am
204.5 would be a good tp


Quoting shakesfx
Gone long (small position to test)...Lets see what happens
  • #76,365
  • Apr 29, 2008 10:10am Apr 29, 2008 10:10am


It feels great to be on a vacation and make lots of green pips the same time
Trade what you see, not what you think.
  • #76,366
  • Apr 29, 2008 10:11am Apr 29, 2008 10:11am
Quoting shakesfx
Gone long (small position to test)...Lets see what happens

SL moved to break-even, so at least not gonna lose anything...
  • #76,367
  • Apr 29, 2008 10:12am Apr 29, 2008 10:12am
price at target 20372/46 (spillage + 26) <> 20845/59 run 513 pipos

any break lower shall call for extreme parameter play

gn
  • #76,368
  • Apr 29, 2008 10:12am Apr 29, 2008 10:12am
Quoting lilmoe
204.5 would be a good tp
  • #76,369
  • Apr 29, 2008 10:13am Apr 29, 2008 10:13am
Quoting shakesfx
Gone long (small position to test)...Lets see what happens
Me too, I'm long here as well. . . I'm going to hold it until 2morrow before the news because I think the market is going to start driving price up b/n now and then. . . 203.60 area held so far, which was the descending tend line break out so if it settles here then this could be a good short-term long before news. . .

cheers everyone. . .
  • #76,370
  • Apr 29, 2008 10:13am Apr 29, 2008 10:13am
surely its out of downward momentum now????? beast
  • #76,371
  • Apr 29, 2008 10:14am Apr 29, 2008 10:14am
the rid e to 874 and 872 is on..watch out for some good entry here for the upride
Imanuel Parsifal
  • #76,372
  • Apr 29, 2008 10:14am Apr 29, 2008 10:14am
203.78 just penetrated but still not broken ... if this falls lower and breaks that area, then 202.77 will be an easily accessible target before any retrace up
Discipline + Patience - Fear - Greed = Success
  • #76,373
  • Apr 29, 2008 10:17am Apr 29, 2008 10:17am
Quoting Catch-22
surely its out of downward momentum now????? beast
welcome to forex bro
Imanuel Parsifal
  • #76,374
  • Apr 29, 2008 10:19am Apr 29, 2008 10:19am
Quoting arezab
203.78 just penetrated but still not broken ... if this falls lower and breaks that area, then 202.77 will be an easily accessible target before any retrace up
and if 202.69-89 area is broken, nothing to stop her but 200.76 !!
Still short and riding her like a Tsunami !
but, this may retrace up to 204.63 area before more momentum down.

just have to wait and see.
  • #76,375
  • Apr 29, 2008 10:22am Apr 29, 2008 10:22am
Quoting quecee5
Me too, I'm long here as well. . . I'm going to hold it until 2morrow before the news because I think the market is going to start driving price up b/n now and then. . . 203.60 area held so far, which was the descending tend line break out so if it settles here then this could be a good short-term long before news. . .

cheers everyone. . .
Since GJ moved more than 400 pips today, I think it would form an inside bar tomorrow. Then it would break downwards to where it wants to go to.
  • #76,376
  • Apr 29, 2008 10:23am Apr 29, 2008 10:23am
Jus thought I would share with you guys a possibility to consider. if you look at the monthly trend, or should I say fall, You would see that if the gj was to continue the trend, it would have to drop to at least 196.70 That is another 700 or so pips. And since we a re talking monthly, it has until tomorrow evening to do it. Could the smart money be trying to continue the trend? Something to consider!
All that is left in FF is just plain garbage. "Cloggie"
  • #76,377
  • Apr 29, 2008 10:25am Apr 29, 2008 10:25am
Quoting quecee5
Me too, I'm long here as well. . . I'm going to hold it until 2morrow before the news because I think the market is going to start driving price up b/n now and then. . . 203.60 area held so far, which was the descending tend line break out so if it settles here then this could be a good short-term long before news. . .

cheers everyone. . .
Well what can I say - this system works a treat, and when coupled with Price Action and some TA seems to be keeping me out of bad trades - patience though is a requirement and I have now learnt this the hard way before finding this forum.

Once again, many thanks to you all and long may it continue

Right - I'm off to get my Bermuda's
  • #76,378
  • Apr 29, 2008 10:27am Apr 29, 2008 10:27am
Quoting tonyo524
Jus thought I would share with you guys a possibility to consider. if you look at the monthly trend, or should I say fall, You would see that if the gj was to continue the trend, it would have to drop to at least 196.70 That is another 700 or so pips. And since we a re talking monthly, it has until tomorrow evening to do it. Could the smart money be trying to continue the trend? Something to consider!
not a bad idea
Imanuel Parsifal
  • #76,379
  • Apr 29, 2008 10:29am Apr 29, 2008 10:29am
watch the gold snick its way to my target
Imanuel Parsifal
  • #76,380
  • Apr 29, 2008 10:32am Apr 29, 2008 10:32am
IMO, it is only daily Gann bounce. possible to 204.7;
(accoodring our statistical data (indicators), we are making our desicions, - RIGHT
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