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

  • #98,181
  • Jul 1, 2008 9:02am Jul 1, 2008 9:02am
Quoting for_idea
any suggestions before the USD news ?
i just have some small fears about my gj long


wihee

ok no hope no fear
  • #98,182
  • Jul 1, 2008 9:02am Jul 1, 2008 9:02am
my flipped over shampoo.
Hope i'm right.
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  • #98,183
  • Jul 1, 2008 9:03am Jul 1, 2008 9:03am
Quoting lilmoe
weeeeeeeeeeeeeeeeeeeeeeeee
hahaha good hit with your long bro .... how are pips today +500
  • #98,184
  • Jul 1, 2008 9:04am Jul 1, 2008 9:04am
Added more shortys
  • #98,185
  • Jul 1, 2008 9:04am Jul 1, 2008 9:04am
Quoting for_idea
any suggestions before the USD news ?
i just have some small fears about my gj long
there you go...your fear settle down....
  • #98,186
  • Jul 1, 2008 9:04am Jul 1, 2008 9:04am
Quoting lilmoe
weeeeeeeeeeeeeeeeeeeeeeeee
like you once said: merry christmas
  • #98,187
  • Jul 1, 2008 9:05am Jul 1, 2008 9:05am
Quoting teodosy87
hahaha good hit with your long bro .... how are pips today +500

not that much, not yet
  • #98,188
  • Jul 1, 2008 9:05am Jul 1, 2008 9:05am
Quoting lilmoe
weeeeeeeeeeeeeeeeeeeeeeeee
Shammmpooooooooo .. roogerrr .. ookkkk... sweeettt ..
  • #98,189
  • Jul 1, 2008 9:07am Jul 1, 2008 9:07am
Quoting pkimnyc
my flipped over shampoo.
Hope i'm right.
right on the money.
  • #98,190
  • Jul 1, 2008 9:07am Jul 1, 2008 9:07am
Quoting Rustyyy
Added more shortys
hahaha, you remind me of my old self
  • #98,191
  • Jul 1, 2008 9:08am Jul 1, 2008 9:08am
Quoting lilmoe
hahaha, you remind me of my old self
Thank You.....good call.
  • #98,192
  • Jul 1, 2008 9:11am Jul 1, 2008 9:11am
Lots of fear in the market, these gains will be pared over the NY session, DOW will close negative.
  • #98,193
  • Jul 1, 2008 9:12am Jul 1, 2008 9:12am
I hope the longs arent expecting this news spike to last!

Very nice opportunity to add more shorts!
Lemming Forex! The Way to Trade....
  • #98,194
  • Jul 1, 2008 9:13am Jul 1, 2008 9:13am
Met 4HR 5SMA retrace requirement.
Added more shorts and more and more.......
  • #98,195
  • Jul 1, 2008 9:14am Jul 1, 2008 9:14am
Quoting Putto
I hope the longs arent expecting this news spike to last!

Very nice opportunity to add more shorts!
What do you care about the longs Sell cheap gbp and enjoy the fall.
  • #98,196
  • Jul 1, 2008 9:21am Jul 1, 2008 9:21am
walked out w/ 10 pips.
  • #98,197
  • Jul 1, 2008 9:22am Jul 1, 2008 9:22am
Quoting pkimnyc
walked out w/ 10 pips.
lol, walked out with 50
  • #98,198
  • Jul 1, 2008 9:23am Jul 1, 2008 9:23am
Quoting pr0spero
yes, however be careful. If it is a bullish pinbar, It is likely that it will, at some point, retrace part of its body, which should give better R/R entries for those who missed the long and might want to position themselves accordingly, with smaller SLs.

E.g. a potential move could take a form like the one I show here (also looking like a bullish H &S)

http://img519.imageshack.us/img519/4...tentialej2.jpg
Good day all. I am a bit shocked to see so many people seemingly having turned short overnight and this morning. I think this is a bit premature at this stage.

Last night, out Japanese friends did not manage to push the pair anywhere it prior lows at 209s. It did, however, drop to 210.50s (where I had limit buys) and this morning, despite all the gloom and doom , rumours about Iran-Israel war etc etc, let alone the carnage in European stockmarkets, it still hasn't had an hourly close below 210.50!
...and now it looks like we have a POTENTIAL bullish hourly pinbar (circled in blue) which again closed above these levels..If I were short, i'd be very careful here


My SL are below the last 209 lows, and it's a trade whose R/R I like

http://img102.imageshack.us/img102/3...rhourlyii5.jpg3/pinbarhourlyii5.jpg

correction: we did have an hourly close at 210.47, on the first "eye" of the pinbar, missed that one
  • #98,199
  • Jul 1, 2008 9:23am Jul 1, 2008 9:23am
Quoting lilmoe
lol, walked out with 50
congrats bro. gotta kill my greed.
  • #98,200
  • Jul 1, 2008 9:23am Jul 1, 2008 9:23am
Quoting lilmoe
lol, walked out with 50
i'll wait for a close above DP, if it doesn't happen won't go long anymore today.
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