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

  • #98,361
  • Jul 1, 2008 1:39pm Jul 1, 2008 1:39pm
Quoting mjolimer
I can't see the signals for a long here.. am i missing something? Are you seeing a h and s there somewhere pipchick? If it close over the 4h gann then it gets interesting but until then i'm still looking for a short.

What are you all seeing that is saying long?.


John

If i could see it i would join in..
Mj..look at the 1 hr chart.There is an ab=cd pattern. The target is 212.45. Normally these patterns reach their targets quicker than this one but it usually does.

Edit..typically, I buy at letter c and when I am positive by 50 pips, I move my stop to BE and let it go tot he target.
By the way..moving averages, trendlines, ganns, etc are meant to be breached at some point.But usually, the patern prevails.
  • #98,362
  • Jul 1, 2008 1:45pm Jul 1, 2008 1:45pm
Mj, trade nekid and you will see things more clearly.
  • #98,363
  • Jul 1, 2008 1:48pm Jul 1, 2008 1:48pm
Quoting lilmoe
DP cleared on m30... 100ema next
Thanks bro.
  • #98,364
  • Jul 1, 2008 1:48pm Jul 1, 2008 1:48pm
Quoting craazy
Your broker is on GMT time then?
no, but it really doesn't matter not that big of a difference
  • #98,365
  • Jul 1, 2008 1:50pm Jul 1, 2008 1:50pm
moved sl to 50+ on the dow

170pips so far!
  • #98,366
  • Jul 1, 2008 1:51pm Jul 1, 2008 1:51pm
Quoting lilmoe
u have no idea how many times i tried that.... doesn't work
I know WHY, you forgot 2 more: 200ema[1H], and 50ema [4H]

  • #98,367
  • Jul 1, 2008 1:51pm Jul 1, 2008 1:51pm
Quoting lilmoe
moved sl to 50+ on the dow

170pips so far!
  • #98,368
  • Jul 1, 2008 1:53pm Jul 1, 2008 1:53pm
alright, i'm back, what did i miss?
Nihil Sine Deo.
  • #98,369
  • Jul 1, 2008 1:54pm Jul 1, 2008 1:54pm
I really missed all these moves, I was here as it moves on and on. But i listened to my mentor Karmostaji, He said this beast is going down,
But when will it come down. I have set a stop loss of 200. I am afraid. I cannot go to sleep.
  • #98,370
  • Jul 1, 2008 1:57pm Jul 1, 2008 1:57pm
My Dp @ 211.108
  • #98,371
  • Jul 1, 2008 1:58pm Jul 1, 2008 1:58pm
Quoting uncletrumpet
I really missed all these moves, I was here as it moves on and on. But i listened to my mentor Karmostaji, He said this beast is going down,
But when will it come down. I have set a stop loss of 200. I am afraid. I cannot go to sleep.
Read the charts uncle trumpet. Doesnt mean you have to see what Karm sees.
  • #98,372
  • Jul 1, 2008 1:59pm Jul 1, 2008 1:59pm
Quoting belekas
My Dp @ 211.108
What is the meaning of DP?
  • #98,373
  • Jul 1, 2008 2:00pm Jul 1, 2008 2:00pm
Quoting uncletrumpet
I really missed all these moves, I was here as it moves on and on. But i listened to my mentor Karmostaji, He said this beast is going down,
But when will it come down. I have set a stop loss of 200. I am afraid. I cannot go to sleep.
I would stick with your plan. Leave your stoploss and go take a nap. Won't be much going on here and it won't do you any good to stare at it.
  • #98,374
  • Jul 1, 2008 2:01pm Jul 1, 2008 2:01pm
Quoting uncletrumpet
What is the meaning of DP?
DP=Daily pivot which is nothing more than a support or a resistance that is meant to be broken at some point.
  • #98,375
  • Jul 1, 2008 2:04pm Jul 1, 2008 2:04pm
Quoting uncletrumpet
I really missed all these moves, I was here as it moves on and on. But i listened to my mentor Karmostaji, He said this beast is going down,
But when will it come down. I have set a stop loss of 200. I am afraid. I cannot go to sleep.
He has some of his shorts from above 213, as i remember, so that's no fear..
  • #98,376
  • Jul 1, 2008 2:04pm Jul 1, 2008 2:04pm
211.76 may be hard to get thru. If it stalls there I will prolly scale out some more and move the stop to a tighter position.
  • #98,377
  • Jul 1, 2008 2:10pm Jul 1, 2008 2:10pm
Quoting PipChick
211.76 may be hard to get thru. If it stalls there I will prolly scale out some more and move the stop to a tighter position.

yea, i also close half my longs on Dow, couldn't breach it's DP, and a 5sma retracement is due on 1h. i'll load more longs from there.
  • #98,378
  • Jul 1, 2008 2:14pm Jul 1, 2008 2:14pm
Quoting PipChick
211.76 may be hard to get thru. If it stalls there I will prolly scale out some more and move the stop to a tighter position.

also UJ has to close above that upper TL

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  • #98,379
  • Jul 1, 2008 2:15pm Jul 1, 2008 2:15pm
Quoting uncletrumpet
I really missed all these moves, I was here as it moves on and on. But i listened to my mentor Karmostaji, He said this beast is going down,
But when will it come down. I have set a stop loss of 200. I am afraid. I cannot go to sleep.
you are not alone.... there are a lot of people who listened to karmo here,including me!but they dont have his magic pils,including me...and now they cannot sleep including me...you know what? i know that number one rule to be here...it is : dont listened to anybody!!! but i forgot to stick to that rule a little while ago....
  • #98,380
  • Jul 1, 2008 2:17pm Jul 1, 2008 2:17pm
Quoting Scrat
alright, i'm back, what did i miss?
welcome back bro. it moved up a little.
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