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

  • #80,441
  • May 13, 2008 5:59am May 13, 2008 5:59am
Quoting for_idea
long from 201.80

dude...
  • #80,442
  • May 13, 2008 6:01am May 13, 2008 6:01am
Quoting karmostaji
if price stays above 4h gann and 1h QQE crosses upwards, then say hello to 205
I'm long from 201.80 as well, if price closes above 1H gann, I'll keep it open
Trade what you see, not what you think.
  • #80,443
  • May 13, 2008 6:04am May 13, 2008 6:04am
Quoting arezab
Don't regret the past and don't try to take revenge from the market in order to cover the losses ... JMHO if this is the case with you right now ... if not then I wish you green pips

Yeah, you're right...I'm losing every trade almost at the moment. I'm going to close this trade if the daily 5sma breached then step back for a few days. I don't think I can see the wood for the trees at the moment...I might have a few days off then try just daily charts from now...but this pair is a bitch and difficult to master...I may just try OxFx and daily for a week or two on different pairs and just check once/twice a day until I can see where I'm going wrong...most probably overtrading IMHO
  • #80,444
  • May 13, 2008 6:06am May 13, 2008 6:06am
Quoting karmostaji
I'm long from 201.80 as well, if price closes above 1H gann, I'll keep it open
dude?
  • #80,445
  • May 13, 2008 6:06am May 13, 2008 6:06am
I am close all shorts for yesterday at from 203.49 at 201.70
now i am long @201.60 waiting 204 area
UJ will go 104.40
GU will go to 1.9560 ~1.9600
check your charts well
any comment
  • #80,446
  • May 13, 2008 6:06am May 13, 2008 6:06am
Quoting lilmoe
dude?
yes girlie
Trade what you see, not what you think.
  • #80,447
  • May 13, 2008 6:07am May 13, 2008 6:07am
Quoting Clouds
No, I don't. My platform just says 'We hear a Swiss bank on the bid in USDJPY here'

The Swissy's up well today after a buy signal earlier - its now broken above its down trend line on the hourly. If it continues, it should pull UJ up.
Trading Levels with WRBs
  • #80,448
  • May 13, 2008 6:09am May 13, 2008 6:09am
i'm going long if and only if 202.84 is breached and stays there for an hour.
  • #80,449
  • May 13, 2008 6:10am May 13, 2008 6:10am
Quoting karmostaji
yes girlie
:blushing:
  • #80,450
  • May 13, 2008 6:14am May 13, 2008 6:14am
Shaks piece of advice don't overtrade. Overtrading leads to loosing and wiping your account. Have a Weekley goal if you make your weekley goal in one day or two days shut down your pc and walk away
  • #80,451
  • May 13, 2008 6:17am May 13, 2008 6:17am
EJ might take the rest of the crosses with them...
  • #80,452
  • May 13, 2008 6:26am May 13, 2008 6:26am
Quoting khaled22
I am close all shorts for yesterday at from 203.49 at 201.70
now i am long @201.60 waiting 204 area
UJ will go 104.40
GU will go to 1.9560 ~1.9600
check your charts well
any comment
any comment Dears??????
  • #80,453
  • May 13, 2008 6:29am May 13, 2008 6:29am
Quoting khaled22
any comment Dears??????

are you sure that gj is going so far ? (204..)
  • #80,454
  • May 13, 2008 6:39am May 13, 2008 6:39am
Quoting vinesh2
Shaks piece of advice don't overtrade. Overtrading leads to loosing and wiping your account. Have a Weekley goal if you make your weekley goal in one day or two days shut down your pc and walk away
Very smart advice. How many have made what they wanted but thought 'just one more'. Greed is the enemy and loves you to take that extra trade, just to have you loose and say ' okk now to make that one back'. Pretty picture aint it.

BTW what are most peoples goals. Mine is between 150-200, unless im in a winning trade, i just move my SL along the way to maximise pips
  • #80,455
  • May 13, 2008 6:39am May 13, 2008 6:39am
Quoting khaled22
any comment Dears??????
Not sure where it will go , or where it will stop, but I'm getting more and more confident it's going in the right direction.
  • #80,456
  • May 13, 2008 6:39am May 13, 2008 6:39am
Quoting khaled22
any comment Dears??????

nope
  • #80,457
  • May 13, 2008 6:42am May 13, 2008 6:42am
H4 Gann not breached. The movement pattern on H1 and H4 charts seems bullish to me right now.

We had almost a %61.8 fib retrace for the last up move.

If the upper TL is broken, I'll expect 205.20 as 1st target and 206.20 as the 2nd ...

Here is a chart as what I see ...

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: tl.gif Size: 21 KB
Discipline + Patience - Fear - Greed = Success
  • #80,458
  • May 13, 2008 6:42am May 13, 2008 6:42am
Quoting lilmoe
nope

we had good support at 202.36, VERY good news for cable, and price was still dropping. we tested the TL yesturday, and it came out to be a failure. we need to test the lows again before heading back up, that's what i think and what i would say makes sense.

but hey!!!!!! welcome to forex, i could lose 100 pips out of the 200 i made today, who knows...
  • #80,459
  • May 13, 2008 6:45am May 13, 2008 6:45am
beautiful tweaser tops forming on m30

Quoting lilmoe
we had good support at 202.36, VERY good news for cable, and price was still dropping. we tested the TL yesturday, and it came out to be a failure. we need to test the lows again before heading back up, that's what i think and what i would say makes sense.

but hey!!!!!! welcome to forex, i could lose 100 pips out of the 200 i made today, who knows...
  • #80,460
  • May 13, 2008 6:47am May 13, 2008 6:47am
Quoting lilmoe
we had good support at 202.36, VERY good news for cable, and price was still dropping. we tested the TL yesturday, and it came out to be a failure. we need to test the lows again before heading back up, that's what i think and what i would say makes sense.

but hey!!!!!! welcome to forex, i could lose 100 pips out of the 200 i made today, who knows...
I'll be happy to have them bro, you are one generous man
Trade what you see, not what you think.
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