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

  • #91,121
  • Jun 9, 2008 9:29am Jun 9, 2008 9:29am
Quoting karmostaji
It's all about the daily candle, above 209 or below it..
agreed
  • #91,122
  • Jun 9, 2008 9:35am Jun 9, 2008 9:35am
Here is what I trade on EJ, massive bearish divergence. I am currently Short EJ, GJ, and EU .. let's see .. and pray ..
Attached Image
  • #91,123
  • Jun 9, 2008 9:35am Jun 9, 2008 9:35am
Quoting lilmoe
nice chart bro
dear lilmoe
again we will see happy and a great celebration in bear camp in the next time
i love EJ and AJ
  • #91,124
  • Jun 9, 2008 9:41am Jun 9, 2008 9:41am
In likely hood we are going to close above 209 unless there is last minute sell off at the DOW that means my shorts are going to bleed red blood again.
  • #91,125
  • Jun 9, 2008 9:42am Jun 9, 2008 9:42am
Quoting mktjong
Here is what I trade on EJ, massive bearish divergence. I am currently Short EJ, GJ, and EU .. let's see .. and pray ..
what is your T/P for EJ ??
  • #91,126
  • Jun 9, 2008 9:45am Jun 9, 2008 9:45am
Quoting karmostaji
It's all about the daily candle, above 209 or below it..

daily close over or below 209 you say . . . in what timezone might that be?
  • #91,127
  • Jun 9, 2008 9:45am Jun 9, 2008 9:45am
This news (as mentioned by Malcolmb yesterday) would likely cause a bit jitter to the market but because Crude Oil is currently tumbiling that's why the market is celebrating. Once this is done, most likely all Yen Cross pairs would tumble as well .. just my shallowed observation ..

News: http://www.bloomberg.com/apps/news?p...Nqs&refer=home
  • #91,128
  • Jun 9, 2008 9:48am Jun 9, 2008 9:48am
Quoting hussin naiji
what is your T/P for EJ ??
Would likely take tp @164.3x area ..give or take ..
  • #91,129
  • Jun 9, 2008 9:48am Jun 9, 2008 9:48am
looking at the h1 chart makes me itch to short...
  • #91,130
  • Jun 9, 2008 9:49am Jun 9, 2008 9:49am
Quoting lilmoe
looking at the h1 chart makes me itch to short...
I'd wait for an hourly close below the gann hilo, just to be safe
Trade what you see, not what you think.
  • #91,131
  • Jun 9, 2008 9:50am Jun 9, 2008 9:50am
Quoting VEC
daily close over or below 209 you say . . . in what timezone might that be?

since u're trying to be smart. how about if all timezones close below 209? that would be a better signal.



ps: for those who are not "pleased" with the analysis of the best traders here, plz leave or close ur browser.
  • #91,132
  • Jun 9, 2008 9:51am Jun 9, 2008 9:51am
Price has been bouncing off these TL's
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 22 KB
Trade what you see, not what you think.
  • #91,133
  • Jun 9, 2008 9:53am Jun 9, 2008 9:53am
Quoting VEC
daily close over or below 209 you say . . . in what timezone might that be?
I don't know what timezone, check your local listings
Trade what you see, not what you think.
  • #91,134
  • Jun 9, 2008 9:54am Jun 9, 2008 9:54am
Quoting karmostaji
I'd wait for an hourly close below the gann hilo, just to be safe

yea, but it's looking like a diamond reversal...
i'll wait for price to close below m30 50ema and m30 gann. losing a 100 pips is a price i would not mind to pay for proper confirmation. i think 1h gann would be in the same area.

aren't u just biting ur nails for not going long earlier? loooool, i know i am. i was just afraid that shakes would kick my ass. , joking

i'm giving up on "shorting" the top. i'll just go with the flow. i'd make more pips.
  • #91,135
  • Jun 9, 2008 9:57am Jun 9, 2008 9:57am
Quoting lilmoe
yea, but it's looking like a diamond reversal...
i'll wait for price to close below m30 50ema and m30 gann. losing a 100 pips is a price i would not mind to pay for proper confirmation. i think 1h gann would be in the same area.

aren't u just biting ur nails for not going long earlier? loooool, i know i am. i was just afraid that shakes would kick my ass. , joking

i'm giving up on "shorting" the top. i'll just go with the flow. i'd make more pips.
Traitor ..
  • #91,136
  • Jun 9, 2008 9:57am Jun 9, 2008 9:57am
Quoting lilmoe
yea, but it's looking like a diamond reversal...
i'll wait for price to close below m30 50ema and m30 gann. losing a 100 pips is a price i would not mind to pay for proper confirmation. i think 1h gann would be in the same area.

aren't u just biting ur nails for not going long earlier? loooool, i know i am. i was just afraid that shakes would kick my ass. , joking

i'm giving up on "shorting" the top. i'll just go with the flow. i'd make more pips.
I was asleep during market open and my shorts were closed for small profits n then missed the whole long journey, so now going to take the south one and see where we go, must watch whether it is a retracement or we're going back to 204.80 area again.
Trade what you see, not what you think.
  • #91,137
  • Jun 9, 2008 9:58am Jun 9, 2008 9:58am
Quoting mktjong
Traitor ..
once he stops, the pair is gonna drop like a bomb LOL
Trade what you see, not what you think.
  • #91,138
  • Jun 9, 2008 10:00am Jun 9, 2008 10:00am
Quoting lilmoe
since u're trying to be smart. how about if all timezones close below 209? that would be a better signal.



ps: for those who are not "pleased" with the analysis of the best traders here, plz leave or close ur browser.
better or not, i was looking for an answer not a signal.

i was asking a very fundamental question, a very legit question. i wasnt being rude to karmo in anyway. perhaps answering my question can even help him and his trading. but it seems he has got a groupie pickin fights for him
  • #91,139
  • Jun 9, 2008 10:02am Jun 9, 2008 10:02am
Quoting karmostaji
once he stops, the pair is gonna drop like a bomb LOL
Hoo lalaallla .. EU is dropping like a bomb .. dragging his wife EJ along
  • #91,140
  • Jun 9, 2008 10:04am Jun 9, 2008 10:04am
Quoting mktjong
Traitor ..
i calculated all the long and short signals since last week... 850 pips...
this is NOT counting all the scalping entries...

would u rather take all the ups and downs? or would u rather wait and get stopped out... i learned my lesson. not the hard way, but "biting nails" way.
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