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

  • #78,181
  • May 5, 2008 3:05am May 5, 2008 3:05am
Quoting warta
forex sux without london market
Yes it does.
  • #78,182
  • May 5, 2008 3:07am May 5, 2008 3:07am
GU's friday's low is a pain...
i'll take my risk, shorting GU @ 1.9709, will add more if we retrace to 1h 5sma
Quoting warta
hahah lilmoe this is better

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  • #78,183
  • May 5, 2008 3:09am May 5, 2008 3:09am
GBP/USD testing lows, USD/JPY steady
  • #78,184
  • May 5, 2008 3:10am May 5, 2008 3:10am
Price action... you cannot beat it!!!

Well I just got out, 34 pips for the day, could have taken 40, but hey... 32 is good, esp for a couple of hours work and plus it's holiday over here today.



I don't use indicators... day trading... follow price!
  • #78,185
  • May 5, 2008 3:10am May 5, 2008 3:10am
i think trading GU would be lots safer than GJ today if any are interested...


Quoting lilmoe
GU's friday's low is a pain...
i'll take my risk, shorting GU @ 1.9709, will add more if we retrace to 1h 5sma
  • #78,186
  • May 5, 2008 3:11am May 5, 2008 3:11am
it would probably be safer to short GJ if UJ breaks it's daily pivot downwards

Quoting lilmoe
i think trading GU would be lots safer than GJ today if any are interested...
  • #78,187
  • May 5, 2008 3:12am May 5, 2008 3:12am
brave man!

cut your losses, do not look to attempt to re-make that loss... look for the next trade... trade with no emotion, it is easier!

Quoting Clouds
Just went long
  • #78,188
  • May 5, 2008 3:19am May 5, 2008 3:19am
Quoting guess121
brave man!

cut your losses, do not look to attempt to re-make that loss... look for the next trade... trade with no emotion, it is easier!
I got S/L at .50, I got stopped out
  • #78,189
  • May 5, 2008 3:25am May 5, 2008 3:25am
I'm considering waiting for the next London.
This is too weird price action.
  • #78,190
  • May 5, 2008 3:26am May 5, 2008 3:26am
Quoting Clouds
I'm considering waiting for the next London.
This is too weird price action.
Trust me you're better off waiting till tomorrow.
  • #78,191
  • May 5, 2008 3:28am May 5, 2008 3:28am
Quoting forexmoments
Trust me you're better off waiting till tomorrow.
Yeah, this is like playing bingo. I'll be back tomorrow.
  • #78,192
  • May 5, 2008 3:29am May 5, 2008 3:29am
Quoting guess121
brave man!

cut your losses, do not look to attempt to re-make that loss... look for the next trade... trade with no emotion, it is easier!
ahakz, my short end at 207.27,
and looking for long at TF15M,
i'm waiting QQE cross up then long
  • #78,193
  • May 5, 2008 3:30am May 5, 2008 3:30am
Quoting Clouds
Yeah, this is like playing bingo. I'll be back tomorrow.
Don't worry dude, this is how we all get better. It's part of trading.
  • #78,194
  • May 5, 2008 3:35am May 5, 2008 3:35am
Quoting Ultraman
ahakz, my short end at 207.27,
and looking for long at TF15M,
i'm waiting QQE cross up then long
good job.. i see good opportunity for long if we dont fall lower..
  • #78,195
  • May 5, 2008 3:40am May 5, 2008 3:40am
US equities currently set to open lower based on the futures, could weight on USDJPY and crosses. Food for thought. I'm not sure New York will have the good trading, like London has though.
  • #78,196
  • May 5, 2008 3:45am May 5, 2008 3:45am
Anyone heard ftom Q? Miss his Weekley analysis! Yoooo hooo Q are you OK bro? We may see mid 205 or mid 206 area. Range bound today ISM and UBS write down may bring this down to the mentioned area. Would be good opp to go long but please look at longer term chart for short term trends.
  • #78,197
  • May 5, 2008 3:47am May 5, 2008 3:47am
for me things are pretty normal, low volume... though follow price action... as I like to trade intra-day, for me it's a matter of getting out during the day... i have things to do now... do I don't have time to sit in front of the computer, as i would normally... as it's a day off... but my friend... just learn to follow price as it happens... I have looked at systems, and I kept losing with systems, but now I am following price, it is simple!

good luck and happy pipping!

Quoting Clouds
I'm considering waiting for the next London.
This is too weird price action.
  • #78,198
  • May 5, 2008 3:52am May 5, 2008 3:52am
i would be holding short, price tells me nothing but to hold short... or to stay out until another long comes into play... and that is still off by a long shot.

keep your money safe, no trade at the moment...

Quoting Jerry
good job.. i see good opportunity for long if we dont fall lower..
  • #78,199
  • May 5, 2008 3:57am May 5, 2008 3:57am
Quoting Jerry
good job.. i see good opportunity for long if we dont fall lower..
hhrmm, GBPJPY drop again LOL,
better we should wait 4 US session or news at 10AM,

how about u jerry
  • #78,200
  • May 5, 2008 3:58am May 5, 2008 3:58am
Quoting guess121
i would be holding short, price tells me nothing but to hold short... or to stay out until another long comes into play... and that is still off by a long shot.

keep your money safe, no trade at the moment...
great la u bro
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