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

  • #80,061
  • May 12, 2008 4:05am May 12, 2008 4:05am
Quoting lilmoe
hey karmo, that gensing is workin!
LOL keep doing that
Trade what you see, not what you think.
  • #80,062
  • May 12, 2008 4:06am May 12, 2008 4:06am
Quoting karmostaji
LOL keep doing that

lol, sure, want some?
  • #80,063
  • May 12, 2008 4:08am May 12, 2008 4:08am
Quoting lilmoe
lol, sure, want some?


Attached Image
  • #80,064
  • May 12, 2008 4:09am May 12, 2008 4:09am
Lilmoe, you say "ok.... this is tooooo good, something's wrong " and I believe you. I use VT Trader and my 4hr candle has banged against the 200 SMA very close to the 38.2% retracement, around 203.30ish.
All my TFs below 4hr are O/B, I don't want to catch a falling knife, I'll watch from the sidelines for now.
  • #80,065
  • May 12, 2008 4:09am May 12, 2008 4:09am
Quoting lilmoe
waiting on h4 retraco to add more longs!! if that lower TL is broken by this daily candle, then i will move me strategy to scenario 2, will be long:

first tp at 205
second tp at 207
3rd and ultimate at 212-213 area.
I dont think G/J will be up more than your first TP.

Regards.
  • #80,066
  • May 12, 2008 4:09am May 12, 2008 4:09am
Quoting karmostaji
Life is GOOOOOOOOOD
Well I have just finished work for the day to come home and see 3 very nice, full green bull candles on my 4 hour charts. Its days like these you wished you were home trading
  • #80,067
  • May 12, 2008 4:10am May 12, 2008 4:10am
Quoting lilmoe
Attachment
Medical Warning.....
Consult a physician if it holds north for more than four hours....
Patience + Discipline - Greed = Success
  • #80,068
  • May 12, 2008 4:12am May 12, 2008 4:12am
Quoting Infinity
Medical Warning.....
Consult a physician if it holds north for more than four hours....

LOOOOOOL
  • #80,069
  • May 12, 2008 4:13am May 12, 2008 4:13am
GBP/JPY has definitely been the biggest mover tonight so far, let's see how far she goes....
  • #80,070
  • May 12, 2008 4:13am May 12, 2008 4:13am
Quoting sifoorex
I dont think G/J will be up more than your first TP.

Regards.

last night i was talking that i won't rush into that trade, lower TL has to conform as support for that to happen. if price doesn't breach it by a daily candle that trade is void for me bro
  • #80,071
  • May 12, 2008 4:14am May 12, 2008 4:14am
Quoting Infinity
Medical Warning.....
Consult a physician if it holds north for more than four hours....

or consult lilmoe
  • #80,072
  • May 12, 2008 4:15am May 12, 2008 4:15am
Quoting lilmoe
last night i was talking that i won't rush into that trade, lower TL has to conform as support for that to happen. if price doesn't breach it by a daily candle that trade is void for me bro

Ok good to hear that.

Neway, congrats on your trade for today green pips.
  • #80,073
  • May 12, 2008 4:21am May 12, 2008 4:21am
Quoting karmostaji
GU needs to shoot up, and UJ stall
LOL Karmo, looks like your old crystal ball's still working well! Cable's +100!
Trading Levels with WRBs
  • #80,074
  • May 12, 2008 4:22am May 12, 2008 4:22am
Quoting sifoorex
Ok good to hear that.

Neway, congrats on your trade for today green pips.

thanks bud
  • #80,075
  • May 12, 2008 4:23am May 12, 2008 4:23am
closing 70% of longs on cable, this might retrace a bit, oversold on m30
  • #80,076
  • May 12, 2008 4:24am May 12, 2008 4:24am
Quoting Islander
LOL Karmo, looks like your old crystal ball's still working well! Cable's +100!
It feels great to be back trading with a clear mind, btw It's good to see you post your analysis here, I always enjoyed reading them
Trade what you see, not what you think.
  • #80,077
  • May 12, 2008 4:28am May 12, 2008 4:28am
The base of my previous trendline is around 203.8, which is also where the 1h 100sma is. This area should be tough resistance. I think upside will be limited to 204.20-50. Lets see what price does...

Bless
Attached Image (click to enlarge)
Click to Enlarge Name: dbid.GIF Size: 19 KB
Patience + Discipline - Greed = Success
  • #80,078
  • May 12, 2008 4:42am May 12, 2008 4:42am
Quoting karmostaji
It feels great to be back trading with a clear mind, btw It's good to see you post your analysis here, I always enjoyed reading them
BTW, belated congratulations, I wish you many years of happiness together.

Thanks for the compliment, I try to post a clear fib analysis based on Bo's work - also, your world famous Patience Pills have helped me a lot http://www.forexfactory.com/images/icons/icon12.gif
Trading Levels with WRBs
  • #80,079
  • May 12, 2008 4:47am May 12, 2008 4:47am
Quoting Islander
BTW, belated congratulations, I wish you many years of happiness together.

Thanks for the compliment, I try to post a clear fib analysis based on Bo's work - also, your world famous Patience Pills have helped me a lot http://www.forexfactory.com/images/icons/icon12.gif
Thank you Islander
Trade what you see, not what you think.
  • #80,080
  • May 12, 2008 4:51am May 12, 2008 4:51am
Quoting Clouds
GBP/JPY has definitely been the biggest mover tonight so far, let's see how far she goes....
Today! Today!

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