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

  • #95,441
  • Jun 19, 2008 9:58am Jun 19, 2008 9:58am
Quoting Islander
Its SOOOO disrespectful to call the Great Ship the USS Crapper a mere toilet bowl - Sir Thomas Crapper would have a blue fit - dont yuh know....

I'm so sorry as I am but a mere mortal. Whereas the Great Toilet Bowl of the Sea is greater by thousands.
  • #95,442
  • Jun 19, 2008 10:01am Jun 19, 2008 10:01am
could we be targeting 214 on he daily? thats where i have a 200ema
Attached Image (click to enlarge)
Click to Enlarge Name: daily.gif Size: 15 KB
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #95,443
  • Jun 19, 2008 10:05am Jun 19, 2008 10:05am
Quoting ffujifilm
testing 213 first before heading down?
closing 213.Are we there yet..?
  • #95,444
  • Jun 19, 2008 10:05am Jun 19, 2008 10:05am
GM guys,

has anyone seen ovaforty?
  • #95,445
  • Jun 19, 2008 10:08am Jun 19, 2008 10:08am
Quoting pr0spero
either short or long, just protect ur capital MK! Don't bet the farm

"anyone can make mistakes, only an idiot persists in them" said Cicero

whatever happens, pls make sure ur account survives to trade another day!!
Thanks bro for the encouragement. I do protect my capital. I have closed some of my shorts yesterday for 70-80 pips but still have some open .. I do position averaging as well to get a better entry price. Overall on this pair, still losing a bit .. I hope it has topped out now and soon enough to drop down hard and big ..(but seems it still has some power left to climb..not long, 213.xx area should be a good resistance)
  • #95,446
  • Jun 19, 2008 10:09am Jun 19, 2008 10:09am
today truly is QIT. LOL
  • #95,447
  • Jun 19, 2008 10:09am Jun 19, 2008 10:09am
just closed my GJ positions for a small profit
after this , GJ should go up to 214 then 217
i think the carry trade is back in vogue!
  • #95,448
  • Jun 19, 2008 10:12am Jun 19, 2008 10:12am
214 is still possible
Fear's for the other guy
  • #95,449
  • Jun 19, 2008 10:13am Jun 19, 2008 10:13am
Quoting mktjong
Thanks bro for the encouragement. I do protect my capital. I have closed some of my shorts yesterday for 70-80 pips but still have some open .. I do position averaging as well to get a better entry price. Overall on this pair, still losing a bit .. I hope it has topped out now and soon enough to drop down hard and big ..(but seems it still has some power left to climb..not long, 213.xx area should be a good resistance)

Nice one, MK. Sorry, I dont want to sound patronising. I simply don't know how much experience each poster has in trading (let alone profitable experience!)

At 5 years I am certainly junior to many in terms of experience. Just hate seeing accnts wiped out..
  • #95,450
  • Jun 19, 2008 10:16am Jun 19, 2008 10:16am
why not 200ema on weekly?

Quoting moneymagnet
could we be targeting 214 on he daily? thats where i have a 200ema
Nihil Sine Deo.
  • #95,451
  • Jun 19, 2008 10:18am Jun 19, 2008 10:18am
270 ?

i will settle for 213.62 first
  • #95,452
  • Jun 19, 2008 10:19am Jun 19, 2008 10:19am
Quoting pr0spero
Nice one, MK. Sorry, I dont want to sound patronising. I simply don't know how much experience each poster has in trading (let alone profitable experience!)

At 5 years I am certainly junior to many in terms of experience. Just hate seeing accnts wiped out..
You're surely more senior than me, I have about 3 years on my belt. Anyway, some traders with one year or less can do a much better and consistently profits. I think it is a matter of starting it right, my starting point was wrong, thus costing me time and money a lot ..
  • #95,453
  • Jun 19, 2008 10:21am Jun 19, 2008 10:21am
no, i said weekly. it's 214.12. where did you come up with 270?

Quoting forexlion
270 ?

i will settle for 213.62 first
Nihil Sine Deo.
  • #95,454
  • Jun 19, 2008 10:23am Jun 19, 2008 10:23am
I plan to activate my 2nd sell position @ 213.20 if the price reach there..!
  • #95,455
  • Jun 19, 2008 10:24am Jun 19, 2008 10:24am
Quoting Scrat
no, i said weekly. it's 214.12. where did you come up with 270?
It came from here. . .
Attached Image
  • #95,456
  • Jun 19, 2008 10:26am Jun 19, 2008 10:26am
Quoting quecee5
It came from here. . .


funny

i like daily 200sma
works better
  • #95,457
  • Jun 19, 2008 10:27am Jun 19, 2008 10:27am
Me can't wait till we have a daily close below daily gann, I'm going to ride this beast dowwwwwwwwwn... when that happens
Trade what you see, not what you think.
  • #95,458
  • Jun 19, 2008 10:28am Jun 19, 2008 10:28am
Looks like there is still some more upmovement just waiting for 4hr to catch up with the other OB TF's then I am going to sell this sucker so watch out!
  • #95,459
  • Jun 19, 2008 10:29am Jun 19, 2008 10:29am
US still having major credit issues with major banks - Another Reality Check!

These moves are smoking mirrors and the downside is definitely forthcoming, JUST A MATTER OF TIME.

Many late buyers buying into the frenzy thinking the sky is the limit, but when it all come crashing down, I wouldn't want to be the one holding the bag. . .
  • #95,460
  • Jun 19, 2008 10:30am Jun 19, 2008 10:30am
Hmmm..I did some fibo retracing and expansion calculations and it pointed tht 213.00 might be the final rest stop for the geppy on its climbing onslaught, from here it should fall to at least first point of 211.41, from tht point, then it may or may not continue.

Tht is if it does follow from the points i used..
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