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

  • #81,001
  • May 14, 2008 8:30am May 14, 2008 8:30am
Quoting Clouds
ping pong?
on no, long bebe, long!
  • #81,002
  • May 14, 2008 8:32am May 14, 2008 8:32am
i went long on it too but got stopped out it does't like me as much as it likes you. what do you have as your first TP?
  • #81,003
  • May 14, 2008 8:34am May 14, 2008 8:34am
Quoting lilmoe
on no, long bebe, long!
Its looking good. That might be a keeper.
  • #81,004
  • May 14, 2008 8:38am May 14, 2008 8:38am
Quoting rsharpe30
i went long on it too but got stopped out it does't like me as much as it likes you. what do you have as your first TP?

i was long at 1.9392 took added more at 1.9426, then another one at 61.8 retrace of the recent news upmove.

first tp at .9485 second tp at .9509

and of course, banked 70 pips before the retrace. it's a nice pair.
  • #81,005
  • May 14, 2008 8:39am May 14, 2008 8:39am
Quoting lilmoe
i was long at 1.9392 took added more at 1.9426, then another one at 61.8 retrace of the recent news upmove.

first tp at .9485 second tp at .9509

and of course, banked 70 pips before the retrace. it's a nice pair.
very sweet indeed....
Patience + Discipline - Greed = Success
  • #81,006
  • May 14, 2008 8:40am May 14, 2008 8:40am
i just need a close above .9452

Quoting lilmoe
i was long at 1.9392 took added more at 1.9426, then another one at 61.8 retrace of the recent news upmove.

first tp at .9485 second tp at .9509

and of course, banked 70 pips before the retrace. it's a nice pair.
  • #81,007
  • May 14, 2008 8:43am May 14, 2008 8:43am
Quoting lilmoe
i just need a close above .9452
on 1hr candle?
Veni, vidi, vici...
  • #81,008
  • May 14, 2008 8:43am May 14, 2008 8:43am
Quoting lilmoe
i just need a close above .9452
i went on at 1.9446 thinking i'd score a decent 20 to 30 pips. no such luck. Oh well, it's all part of the learning process I guess
  • #81,009
  • May 14, 2008 8:44am May 14, 2008 8:44am
Quoting lilmoe
i just need a close above .9452
Maybe this will help my friend Jable
  • #81,010
  • May 14, 2008 8:46am May 14, 2008 8:46am
UJ still unable to bust through 105.54
Patience + Humility + Study = Success
  • #81,011
  • May 14, 2008 8:46am May 14, 2008 8:46am
If am correct, the bearish divergence is getting more obvious on 4 hr chart. I think it has topped out and am expecting it to drop any time soon ..but of course I could be wrong
Any comment?
  • #81,012
  • May 14, 2008 8:46am May 14, 2008 8:46am
Quoting mktjong
Maybe .. but I hope not ..I think it would re-test the trend line (thick red color). Plenty of room for stoch to go downward ..
i think it clear now
  • #81,013
  • May 14, 2008 8:49am May 14, 2008 8:49am
Quoting ffujifilm
i think it clear now
Yeah, you're right
If you noticed this earlier morning. I closed my short when the price reached 4 hr 5 sma. Now am expecting it to drop again soon ..
  • #81,014
  • May 14, 2008 8:51am May 14, 2008 8:51am
Quoting mktjong
If am correct, the bearish divergence is getting more obvious on 4 hr chart. I think it has topped out and am expecting it to drop any time soon ..but of course I could be wrong
Any comment?
My 4h chart still looks pretty bullish. Last bar close is in 10 min but I also have higher highs and lower stochastics on my 4h, which could indicate more bull movement. My 1h chart also looks very bullish....

Bless
Patience + Discipline - Greed = Success
  • #81,015
  • May 14, 2008 8:52am May 14, 2008 8:52am
Quoting mktjong
Yeah, you're right
If you noticed this earlier morning. I closed my short when the price reached 4 hr 5 sma. Now am expecting it to drop again soon ..
just ride the current flow at this moment...US indices showing strong gain at this moment.It would be make this beast rally also
  • #81,016
  • May 14, 2008 8:54am May 14, 2008 8:54am
Quoting sikacek
on 1hr candle?
at least m30, but 1h would be nice
  • #81,017
  • May 14, 2008 8:56am May 14, 2008 8:56am
u shouldn't long from highs, always wait for a retrace, if u didn't catch it from the bottom, stay out.

Quoting rsharpe30
i went on at 1.9446 thinking i'd score a decent 20 to 30 pips. no such luck. Oh well, it's all part of the learning process I guess
  • #81,018
  • May 14, 2008 8:57am May 14, 2008 8:57am
if u're long put a 40-50 pip SL

Quoting lilmoe
u shouldn't long from highs, always wait for a retrace, if u didn't catch it from the bottom, stay out.
  • #81,019
  • May 14, 2008 8:59am May 14, 2008 8:59am
we have a sweet pin bar on cable, 2 minutes for 4hr to close. this should at least go to 1.9509
  • #81,020
  • May 14, 2008 9:00am May 14, 2008 9:00am
Quoting lilmoe
we have a sweet pin bar on cable, 2 minutes for 4hr to close. this should at least go to 1.9509

this pin bar is also an inverse H/S formation on m15 chart.
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