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

  • #76,561
  • Apr 29, 2008 6:13pm Apr 29, 2008 6:13pm
I will try trade later, this Tokyo session is ridiculous, they still think they have to have fixed rates like China. Ranges of 20 or so. Ugh.
  • #76,562
  • Apr 29, 2008 6:13pm Apr 29, 2008 6:13pm
Took 100 pip profit on this, not liking what I'm seeing here. . .
Will look for another opportunity. ..
  • #76,563
  • Apr 29, 2008 6:16pm Apr 29, 2008 6:16pm
If this is real here's what we could expect asap

continuation of this, but maybe its satisfied
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"Millionaires don't use astrology, billionaires do"
  • #76,564
  • Apr 29, 2008 6:17pm Apr 29, 2008 6:17pm
Still holding mine...for now that is...might close and TP 'em soon
  • #76,565
  • Apr 29, 2008 6:18pm Apr 29, 2008 6:18pm
Still long from 204
Money & Pain Respect the market, protect your capital, be patient
  • #76,566
  • Apr 29, 2008 6:20pm Apr 29, 2008 6:20pm
I will wait for the next 40 min to see how this thing shapes up.
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Patience + Discipline - Greed = Success
  • #76,567
  • Apr 29, 2008 6:23pm Apr 29, 2008 6:23pm
Quoting toyboy tramp
Still long from 204
what is your target?
Patience + Discipline - Greed = Success
  • #76,568
  • Apr 29, 2008 6:25pm Apr 29, 2008 6:25pm
Good luck all on your trade, had to stick to my trading/profit rules and not trading Asian session, too much BS goes on. . .
Going to the gym, will check back during London session. . . =
  • #76,569
  • Apr 29, 2008 6:26pm Apr 29, 2008 6:26pm
on the 5 min its a 5 wave impulse...just entered the fifth which will take us over 205

maybe I'm tired
Money & Pain Respect the market, protect your capital, be patient
  • #76,570
  • Apr 29, 2008 6:27pm Apr 29, 2008 6:27pm
Quoting quecee5
Good luck all on your trade, had to stick to my trading/profit rules and not trading Asian session, too much BS goes on. . .
Going to the gym, will check back during London session. . . =
Hey Q, just wondering what is your time zone there? I see you wake up at London session. Don't u need to sleep? (Mine is central, CDT)
  • #76,571
  • Apr 29, 2008 6:27pm Apr 29, 2008 6:27pm
That's a good rule Q, thanks for another gem
Money & Pain Respect the market, protect your capital, be patient
  • #76,572
  • Apr 29, 2008 6:29pm Apr 29, 2008 6:29pm
Quoting quecee5
Good luck all on your trade, had to stick to my trading/profit rules and not trading Asian session, too much BS goes on. . .
Going to the gym, will check back during London session. . . =
Cheers Q, You did the right thing sticking to your trading rules...at least you got some decent pipage out of that long, as well as from your short today/yesterday. Have a good one bro, see you London session
  • #76,573
  • Apr 29, 2008 6:31pm Apr 29, 2008 6:31pm
Quoting mktjong
Hey Q, just wondering what is your time zone there? I see you wake up at London session. Don't u need to sleep?
6:30 CST. . . I trade London at ar'd 3:30 a.m. - 4 a.m.

  • #76,574
  • Apr 29, 2008 6:36pm Apr 29, 2008 6:36pm
Quoting toyboy tramp
on the 5 min its a 5 wave impulse...just entered the fifth which will take us over 205

maybe I'm tired
Good luck with that but you should also bear in mind that:
1. Dow closed bearish
2. Tomorrow is last day of the month
3. 1h and 4h looks bearish
There are a few other points but I have to go now. I am just saying, make sure you have a stop loss in place to protect profit.

Bless
Patience + Discipline - Greed = Success
  • #76,575
  • Apr 29, 2008 6:41pm Apr 29, 2008 6:41pm
Just passing pips till the next bear growls
Money & Pain Respect the market, protect your capital, be patient
  • #76,576
  • Apr 29, 2008 6:43pm Apr 29, 2008 6:43pm
Quoting quecee5
6:30 CST. . . I trade London at ar'd 3:30 a.m. - 4 a.m.

We are in the same time zone. London session like in the mid of my sleep. Hardly can wake up. Maybe I should adjust my biological clock now
But if I do, my daytime job would translate to "walking sleep" .. hehee
  • #76,577
  • Apr 29, 2008 7:38pm Apr 29, 2008 7:38pm
4 hour Inside Bar (candle) failed to break the top convincingly. It may try again. But a hard break of the bottom could continue the fall. Sorry can't post charts.
Indicators show the past. Price Action "Indicates" the future.
  • #76,578
  • Apr 29, 2008 7:44pm Apr 29, 2008 7:44pm
About to have another crack at 205
Money & Pain Respect the market, protect your capital, be patient
  • #76,579
  • Apr 29, 2008 7:46pm Apr 29, 2008 7:46pm
Quoting toyboy tramp
About to have another crack at 205
My prediction is 205.05 then drop to 204.45 again. Considering this is the Asian session. What do you think?
  • #76,580
  • Apr 29, 2008 7:51pm Apr 29, 2008 7:51pm
I'm hitting the hay as soon as this bullishness ends, not sure if it'll get through

Happy trading
Money & Pain Respect the market, protect your capital, be patient
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