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

  • #87,101
  • Jun 2, 2008 10:32am Jun 2, 2008 10:32am
Quoting pkimnyc
GM Q,

got stopped out on Friday. My SL was the problem. Oanda shot up to 209.40 before close. been rebuilding shorts again on Sunday. Nice recovery so far + profits. thinking the same on adding more on any recovery.


Good strategy. . .
  • #87,102
  • Jun 2, 2008 10:32am Jun 2, 2008 10:32am
Patience is the name of the game
Trade what you see, not what you think.
  • #87,103
  • Jun 2, 2008 10:33am Jun 2, 2008 10:33am
30 more pips for DJ to get to 12440, let's just pray it will get slaughtered nice and easily (with no pain)
  • #87,104
  • Jun 2, 2008 10:33am Jun 2, 2008 10:33am
Daily candle looks like a reversal candle huge red candle on my chart. If we get a close below 25ema and 50ema say bye bye to everything lol!
  • #87,105
  • Jun 2, 2008 10:33am Jun 2, 2008 10:33am
Quoting shakesfx
How much more room to move do you see bro? I'm wondering if this area is good support, or if we are just resting on it whilst the Stochs unwind for another drop...
QQE's are telling me that as well, this beast is not over yet
Trade what you see, not what you think.
  • #87,106
  • Jun 2, 2008 10:36am Jun 2, 2008 10:36am
Quoting karmostaji
Patience is the name of the game
Yes, you are right Karmo

I must be patient
I must be patient
I must be patient
I must be patient
I must be patient
  • #87,107
  • Jun 2, 2008 10:36am Jun 2, 2008 10:36am
Quoting karmostaji
QQE's are telling me that as well, this beast is not over yet

u're just not realizing what kind of serious tanking DJ is doing.
  • #87,108
  • Jun 2, 2008 10:37am Jun 2, 2008 10:37am
Quoting karmostaji
QQE's are telling me that as well, this beast is not over yet
  • #87,109
  • Jun 2, 2008 10:38am Jun 2, 2008 10:38am
Quoting lilmoe
u're just not realizing what kind of serious tanking DJ is doing.
I'm busy watching U.A.E v/s Iran (soccer match)

It's half-time, so came to check on my short lil fella's
Trade what you see, not what you think.
  • #87,110
  • Jun 2, 2008 10:39am Jun 2, 2008 10:39am
Quoting vinesh2
Daily candle looks like a reversal candle huge red candle on my chart. If we get a close below 25ema and 50ema say bye bye to everything lol!

This will play out very soon. . .
Attached Image (click to enlarge)
Click to Enlarge Name: daily chart.gif Size: 13 KB
  • #87,111
  • Jun 2, 2008 10:40am Jun 2, 2008 10:40am
Quoting shakesfx
How much more room to move do you see bro? I'm wondering if this area is good support, or if we are just resting on it whilst the Stochs unwind for another drop...
GJ will dip below 205 shortly. . .
  • #87,112
  • Jun 2, 2008 10:40am Jun 2, 2008 10:40am
204.8 coming.......This will be the critical area for now....
Patience + Discipline - Greed = Success
  • #87,113
  • Jun 2, 2008 10:40am Jun 2, 2008 10:40am
Quoting Infinity
Daily 50ema holding.....
If this is breached, lilmoe's crapper will be overloaded...It could get a bit smelly...
lilmoe IS NOT smelly! .... i don't think
  • #87,114
  • Jun 2, 2008 10:41am Jun 2, 2008 10:41am
Quoting karmostaji
I'm busy watching U.A.E v/s Iran (soccer match)

It's half-time, so came to check on my short lil fella's
LOL
  • #87,115
  • Jun 2, 2008 10:41am Jun 2, 2008 10:41am
Check tomorrow's new momentum, if it is pointing up slightly then it means price will retrace to 5sma and then come back down and probably a new low.

Just giving out some info, try it for yourself
Trade what you see, not what you think.
  • #87,116
  • Jun 2, 2008 10:42am Jun 2, 2008 10:42am
Quoting lilmoe
i wonder where all the fellows that went long...???


"buy buy buy!!!!!"
which ones? They are all short from a month ago, You remember ?
  • #87,117
  • Jun 2, 2008 10:43am Jun 2, 2008 10:43am
Quoting rsharpe30
lilmoe IS NOT smelly! .... i don't think
A loaded crapper is smelly.....no matter which way you put it.....
Patience + Discipline - Greed = Success
  • #87,118
  • Jun 2, 2008 10:44am Jun 2, 2008 10:44am
Quoting quecee5
GJ will dip below 205 shortly. . .
  • #87,119
  • Jun 2, 2008 10:45am Jun 2, 2008 10:45am
Quoting karmostaji
Check tomorrow's new momentum, if it is pointing up slightly then it means price will retrace to 5sma and then come back down and probably a new low.

Just giving out some info, try it for yourself
I agree, should retrace at least 38.2% of the down move after it bottoms today which should be ar'd 204.90's or possibly slightly lower. . .

I'm thinking 206.40's maybe 207 area. . . Good place to add to short position.
  • #87,120
  • Jun 2, 2008 10:45am Jun 2, 2008 10:45am
Karmo,
Do you check for mommentum (10) or momentum (14)
Quoting karmostaji
Check tomorrow's new momentum, if it is pointing up slightly then it means price will retrace to 5sma and then come back down and probably a new low.

Just giving out some info, try it for yourself
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