Auslanco - GBP/JPY and GBP/USD (newstrade)
- #86,123
- May 30, 2008 10:49am May 30, 2008 10:49am
- Joined Apr 2008 | Status: Trader | 7,674 Posts
Did anyone else short gbp/chf? 
- #86,126
- May 30, 2008 10:54am May 30, 2008 10:54am
You can sell now everybody
Not too sure bout u..but to me i feel a trend line should be drawn on tf's 4hr and above and over a period of time..not 2 days..IMO 2 days is not a trend..
- #86,128
- May 30, 2008 10:56am May 30, 2008 10:56am
attention :this time end of week with low volatiilty
i dont think we will see high volatility in this time
so anything is possible..
- #86,129
- May 30, 2008 10:56am May 30, 2008 10:56am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
agreed, last of longs coming on board
- #86,133
- May 30, 2008 11:01am May 30, 2008 11:01am
common..are u serious? a trendline to be followed from a 30 min chart from 2 days ago??u for real?
Not too sure bout u..but to me i feel a trend line should be drawn on tf's 4hr and above and over a period of time..not 2 days..IMO 2 days is not a trend..
- #86,134
- May 30, 2008 11:02am May 30, 2008 11:02am
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
GM all, sleep is a wonderful thing. You guys should try it sometime.
Just read all the posts and charts from when I bailed last night. Things are nearly where they were then. Don't seem to have missed much except a bad case of tunnel vision...
So here's a new thing haven't seen covered yet. Forget where it's maybe going. It's Friday. We all have these open positions reflecting our conclusions to this point. Short this , long that, whatever.
What's the consensus for over the weekend? Gonna leave em open? Risk a weekend big dog gap either way...??? I'd be interested to hear a bit of intelligent discussion on that (tall order i know).
My take is that if I was a REAL conspiracy theory trader, I'd close everything and uninstalll the platform to remove temptation till sometime after Sunday open. As it is, I'm just gonna adjust my tinfoil hat here and wait to see what you guys think.
Just read all the posts and charts from when I bailed last night. Things are nearly where they were then. Don't seem to have missed much except a bad case of tunnel vision...
So here's a new thing haven't seen covered yet. Forget where it's maybe going. It's Friday. We all have these open positions reflecting our conclusions to this point. Short this , long that, whatever.
What's the consensus for over the weekend? Gonna leave em open? Risk a weekend big dog gap either way...??? I'd be interested to hear a bit of intelligent discussion on that (tall order i know).
My take is that if I was a REAL conspiracy theory trader, I'd close everything and uninstalll the platform to remove temptation till sometime after Sunday open. As it is, I'm just gonna adjust my tinfoil hat here and wait to see what you guys think.
FUBAR...
- #86,135
- May 30, 2008 11:02am May 30, 2008 11:02am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
Did anyone else short gbp/chf?
- #86,136
- May 30, 2008 11:04am May 30, 2008 11:04am
- Joined Apr 2008 | Status: Trader | 7,674 Posts
everyone wants a piece of my crapper
- #86,138
- May 30, 2008 11:04am May 30, 2008 11:04am
You can say that........but I am walking away with a head and not running around without a head...
I will short again if the top fails to break.....but I see where it will be tested soon.
Sticks and stones dude. I agree with you about not being sure and in that case it's always a good idea to stay on the sidelines. It's better to be out of a good trade then in on a bad one. This thing ain't goin nowhere. She'll still be here next week to trade. I'm with you in watching for now. This setup is too awkward and complicated for me. It's not doin what I thought it would so I will wait till next week.
- #86,139
- May 30, 2008 11:05am May 30, 2008 11:05am
- Joined Feb 2008 | Status: Trader | 5,732 Posts
GM all, sleep is a wonderful thing. You guys should try it sometime.
Just read all the posts and charts from when I bailed last night. Things are nearly where they were then. Don't seem to have missed much except a bad case of tunnel vision...
So here's a new thing haven't seen covered yet. Forget where it's maybe going. It's Friday. We all have these open positions reflecting our conclusions to this point. Short this , long that, whatever.
What's the consensus for over the weekend? Gonna leave em open? Risk a weekend big dog gap either way...??? I'd be interested to hear a bit of intelligent discussion on that (tall order i know).
My take is that if I was a REAL conspiracy theory trader, I'd close everything and uninstalll the platform to remove temptation till sometime after Sunday open. As it is, I'm just gonna adjust my tinfoil hat here and wait to see what you guys think.
Patience + Discipline - Greed = Success
- #86,140
- May 30, 2008 11:07am May 30, 2008 11:07am
this trend is just for finding the entry point, more reasons for sell
but to me to get an entry point from price action just 2 days ago..is kinda risky..but well..it may prove to be good anyway for yah..take care..