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

Quoting Clouds

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I'm long 203, TP 500, projection date 2010.
S/L 100

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Quoting Clouds

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I'm long 203, TP 500, projection date 2010.
S/L 100

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Quoting lilmoe

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can i add longs too?

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Quoting Dmac

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I seem to have no problem predicting direction. I just can't get the entry right. Believe it or not I have lost twice on this move down. everytime I get in it goes back up. It just spiked me out againand is now moving back down. Only thing that saved me today was my first trade made money off the news. Any advice on entry and exit would be appreciated. Thanks fella's

P.S It should go down again since I'm out. I'll stay out the rest of the day for the sake of the group and myself.

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Quoting Dmac

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I seem to have no problem predicting direction. I just can't get the entry right. Believe it or not I have lost twice on this move down. everytime I get in it goes back up. It just spiked me out againand is now moving back down. Only thing that saved me today was my first trade made money off the news. Any advice on entry and exit would be appreciated. Thanks fella's

P.S It should go down again since I'm out. I'll stay out the rest of the day for the sake of the group and myself.

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Quoting Kurti

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May I ask what your entry decision is at this time ? Do you use indicators? Which ones

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Quoting lilmoe

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150.00

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Quoting shakesfx

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Hello everyone,


I'm back and trading today after having a bad week...have stayed away from the mess over the last couple of days...Maybe I can see a little clearly now that I've had a break. I went Short earlier on the green/blue crossed line on my 4hr chart. Reasons being:

4Hr QQE crossed down
Zero MACD about to cross down
Zero Stochs about to cross down
Price range bound and close to a breakout of the lower level.

Please have a look and see what you think...I'm wondering if this is all about to "uncross" again LOL!!

I am wondering about my SL, and after beibg whipped by the markets choppiness this week I've gone for a SL above 205...What do you think??

If anyone else is Short are you seeing the same things as me or am I imagining things again??

Cheers

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Quoting shakesfx

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Hello everyone,


I'm back and trading today after having a bad week...have stayed away from the mess over the last couple of days...Maybe I can see a little clearly now that I've had a break. I went Short earlier on the green/blue crossed line on my 4hr chart. Reasons being:

4Hr QQE crossed down
Zero MACD about to cross down
Zero Stochs about to cross down
Price range bound and close to a breakout of the lower level.

Please have a look and see what you think...I'm wondering if this is all about to "uncross" again LOL!!

I am wondering about my SL, and after beibg whipped by the markets choppiness this week I've gone for a SL above 205...What do you think??

If anyone else is Short are you seeing the same things as me or am I imagining things again??

Cheers

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Quoting piptrain

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i am thinking weekly candle close below the 5sma is bearish..

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Quoting lilmoe

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shakes, u need more rest, this is going back to 251 in 2 weeks. be careful


ok, no jokes anymore. yes u're right

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Quoting Infinity

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I just don't like the fact that we have not had a 1h or 4h close below 203 since May 13. Also the lower tl on the dow since May 9 is holding................ cant hold forever though

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Quoting lilmoe

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i'm reading parts of the book that scrat recommended. i'm at a part about fake breakouts and fake trends. it says that fake breakouts (slash) trends usually appear when the volume is low (or lower than that when the market was moving in the opposite direction) i want u guys to check out the volume when u we first went short, then after the big spike up. sucker ain't bad

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