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

  • #85,201
  • May 28, 2008 9:52pm May 28, 2008 9:52pm
ok I think I should try this for us.
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  • #85,202
  • May 28, 2008 9:54pm May 28, 2008 9:54pm
Thanks mktjong
Quoting mktjong
5, 3, 3.
  • #85,203
  • May 28, 2008 9:54pm May 28, 2008 9:54pm
Quoting Evilgoat
ok I think I should try this for us.
You posted that and it bounced up 10 pips lol...

Get a bigger hammer
Que
  • #85,204
  • May 28, 2008 9:57pm May 28, 2008 9:57pm
Quoting Que
You posted that and it bounced up 10 pips lol...

Get a bigger hammer
no it's cause I hit it so hard it broke and only parts of it jumped 10 pips

now we just have to wait for the dust to settle
  • #85,205
  • May 28, 2008 10:12pm May 28, 2008 10:12pm
Im not trading this pair right now, but it has some possibilities.
Attached Image
  • #85,206
  • May 28, 2008 10:43pm May 28, 2008 10:43pm
Quoting Evilgoat
no it's cause I hit it so hard it broke and only parts of it jumped 10 pips

now we just have to wait for the dust to settle
I think it has started to show some effect
  • #85,207
  • May 28, 2008 10:45pm May 28, 2008 10:45pm
entered short at 207.47 stop at 207.63
  • #85,208
  • May 28, 2008 10:49pm May 28, 2008 10:49pm
Quoting Clouds
Im not trading this pair right now, but it has some possibilities.
Attachment
Clouds, don't u forget to draw the middle line?
Attached Image
  • #85,209
  • May 28, 2008 10:52pm May 28, 2008 10:52pm
hope no one did what i did doesn't look good lol
  • #85,210
  • May 28, 2008 10:54pm May 28, 2008 10:54pm
Quoting Evilgoat
hope no one did what i did doesn't look good lol
I think it's fine Evilgoat. But your SL is really too tight, you might get stop out easily. It's much safer to place 20-30 pips above the highest high
  • #85,211
  • May 28, 2008 10:54pm May 28, 2008 10:54pm
Quoting Evilgoat
hope no one did what i did doesn't look good lol
be Patient man
  • #85,212
  • May 28, 2008 10:55pm May 28, 2008 10:55pm
Quoting Scotty B
206.80 would be easy pips. I'm going much lower than that though. When geppy doesn't hit her outer fib extensions she retreats to the inner fib levels. I gave you the 23 inner fib level. It is the closest most conservative reach.

Hi Scotty, I am intrigued by the idea of your method. For example, Now GJ is at 207.5 exactley which 123.6 Fib on the 1hr. My question, if I may, is...what is the situation with the price action indicating about the new Fib cylcle and how to deal with it?
Thanks for the time? Peace all...
Enjoy it while it lasts, then pay for it. Be Grateful.
  • #85,213
  • May 28, 2008 10:59pm May 28, 2008 10:59pm
Quoting Evilgoat
hope no one did what i did doesn't look good lol

I did... entered short at 207.5
  • #85,214
  • May 28, 2008 11:03pm May 28, 2008 11:03pm
Quoting Holypendant
I did... entered short at 207.5
I hope it wasn't because of me but I wish us luck lol
  • #85,215
  • May 28, 2008 11:05pm May 28, 2008 11:05pm
and a hammer !!!!!!!!!!!!!!!!!!!
Attached Image
  • #85,216
  • May 28, 2008 11:06pm May 28, 2008 11:06pm
The daily pivot point I think is 206.76. What does that mean? Does anyone have or use pivot points as a way to trade? Or can someone please explain to me how to use them.
  • #85,217
  • May 28, 2008 11:13pm May 28, 2008 11:13pm
Quoting Evilgoat
I hope it wasn't because of me but I wish us luck lol

NO.. not to worries because i see tis pair goin dwn as i see daily resistance near here....
  • #85,218
  • May 28, 2008 11:14pm May 28, 2008 11:14pm
Trippy. AUD/USD , USD/CHF, EUR/GBP, USD/CAD are all at round numbers. .9600, 104.00, .79.00, .99.00
  • #85,219
  • May 28, 2008 11:17pm May 28, 2008 11:17pm
any one Know about the GBPCHF trend today ??

thanx
  • #85,220
  • May 28, 2008 11:17pm May 28, 2008 11:17pm
i moved my stop loss btw 207.9
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