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

  • #83,221
  • May 21, 2008 11:58am May 21, 2008 11:58am
Quoting toyboy tramp
Break on through to the other side
= = = =
  • #83,222
  • May 21, 2008 12:00pm May 21, 2008 12:00pm
Still need a close below below 202.99 for any chance at 201 area imo
  • #83,223
  • May 21, 2008 12:04pm May 21, 2008 12:04pm
Quoting Islander
its looking as if oil and gold have stalled for now around 133.50 and 932, so the dows reversing its spike under its 600 level - I just closed my shorts in GJs spike to its S1 level. I'm well over my daily target profit, so its time for a quiet glass or two..http://www.forexfactory.com/images/icons/icon12.gif

i'm way over daily and monthly target, 465 pips today (not counting the current still open short from 204.39) tasted really good

cheers

Attached Image
  • #83,224
  • May 21, 2008 12:08pm May 21, 2008 12:08pm
Quoting quecee5
= = = =

You know that Doors tune surely? Great band.
I mean with Oil up, two down days on the Dow, something weird going on that the crosses decoupled just before the fall after that government call for less volatility...I can't explain it but I know very little, any thoughts? Patience I guess.

Out of interest, Quecee do you trade anything else when the markets freeze up?
Attached Image
Money & Pain Respect the market, protect your capital, be patient
  • #83,225
  • May 21, 2008 12:10pm May 21, 2008 12:10pm
nice pic

Quoting toyboy tramp
You know that Doors tune surely? Great band.
I mean with Oil up, two down days on the Dow, something weird going on that the crosses decoupled just before the fall after that government call for less volatility...I can't explain it but I know very little, any thoughts? Patience I guess.

Out of interest, Quecee do you trade anything else when the markets freeze up?
  • #83,226
  • May 21, 2008 12:10pm May 21, 2008 12:10pm
Quoting toyboy tramp
You know that Doors tune surely? Great band.
I mean with Oil up, two down days on the Dow, something weird going on that the crosses decoupled just before the fall after that government call for less volatility...I can't explain it but I know very little, any thoughts? Patience I guess.

Out of interest, Quecee do you trade anything else when the markets freeze up?
Yep, been trading EU over the past couple of days as well. . . Nice movement. . .
  • #83,227
  • May 21, 2008 12:16pm May 21, 2008 12:16pm
are the bulls running yet? lol I'm bored
  • #83,228
  • May 21, 2008 12:18pm May 21, 2008 12:18pm
just a note. i was almost certain GJ most TANK more than 300 pips just when everything else around it is crashing. i find this ranging behavior VERY strange and very confusing (fishy?). not only GJ, but most yen pairs. i still do think we're up for a 1000 pip move downwards soon. it usually starts on fridays, and i'm guessing tomorrow will be it.
  • #83,229
  • May 21, 2008 12:19pm May 21, 2008 12:19pm
Q, PM
  • #83,230
  • May 21, 2008 12:21pm May 21, 2008 12:21pm
Quoting vinesh2
Still need a close below below 202.99 for any chance at 201 area imo

GJ doesn't usually give lots of chances for entries. u either get the top, or u'd spend the entire dump waiting on a good entry. i used to HATE it, but now getting used to it.
  • #83,231
  • May 21, 2008 12:22pm May 21, 2008 12:22pm
Quoting lilmoe
just a note. i was almost certain GJ most TANK more than 300 pips just when everything else around it is crashing. i find this ranging behavior VERY strange and very confusing (fishy?). not only GJ, but most yen pairs. i still do think we're up for a 1000 pip move downwards soon. it usually starts on fridays, and i'm guessing tomorrow will be it.

That means look for it to setup for longs lol

very strange and confusing indeed and now with 90% more fishy smell.
  • #83,232
  • May 21, 2008 12:23pm May 21, 2008 12:23pm
Quoting lilmoe
i'm way over daily and monthly target, 465 pips today (not counting the current still open short from 204.39) tasted really good

cheers

Attachment
congrats ... how did you do that? 5M chart?
Discipline + Patience - Fear - Greed = Success
  • #83,233
  • May 21, 2008 12:25pm May 21, 2008 12:25pm
Quoting Evilgoat
That means look for it to setup for longs lol

very strange and confusing indeed and now with 90% more fishy smell.

GJ almost ALWAYS sets itself for long setup before a huge downwards movement, and vise versa. i've been tricked more than once. i'm not getting tricked again.
  • #83,234
  • May 21, 2008 12:29pm May 21, 2008 12:29pm
Quoting arezab
congrats ... how did you do that? 5M chart?
mostly selling rallies. but i count each entry as a trade, i trade 1% on each trade size, and multiple trades per entry. so 465 pips makes 4.65% of my account (balance as of first of month) in profit.

my daily target is 150 pips, if i make more, i add more lots the following day risking all the extra i've made the day prior. i call it low risk over leverage

it works for me though
  • #83,235
  • May 21, 2008 12:30pm May 21, 2008 12:30pm
Quoting lilmoe
i'm way over daily and monthly target, 465 pips today (not counting the current still open short from 204.39) tasted really good

cheers

Attachment
super - I'll have an extra one for you.....cheers.....http://www.forexfactory.com/images/icons/icon14.gif
Trading Levels with WRBs
  • #83,236
  • May 21, 2008 12:30pm May 21, 2008 12:30pm
Quoting arezab
congrats ... how did you do that? 5M chart?
i do depend alot on 5m charts for reversal signs.
  • #83,237
  • May 21, 2008 12:31pm May 21, 2008 12:31pm
Quoting lilmoe
mostly selling rallies. but i count each entry as a trade, i trade 1% on each trade size, and multiple trades per entry. so 465 pips makes 4.65% of my account (balance as of first of month) in profit.

my daily target is 150 pips, if i make more, i add more lots the following day risking all the extra i've made the day prior. i call it low risk over leverage

it works for me though

almost all of my trades where posted here before hand. nothing hidden
  • #83,238
  • May 21, 2008 12:32pm May 21, 2008 12:32pm
Quoting lilmoe
i do depend alot on 5m charts for reversal signs.
15 min chart works well too for reversal signal. . .
  • #83,239
  • May 21, 2008 12:33pm May 21, 2008 12:33pm
absolutely right lilmoe : NO GUTS No Glory...



view these trades... Noticed anything?
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  • #83,240
  • May 21, 2008 12:34pm May 21, 2008 12:34pm
Quoting lilmoe
almost all of my trades where posted here before hand. nothing hidden
What ever you are doing keep it up
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