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

  • #103,841
  • Jul 25, 2008 1:54am Jul 25, 2008 1:54am
[quote=johninthai;2127882]
Quoting PipLucky


Well, if you can earn 2 to 2500USD per month trading forex you can live very well here.
yeah I think once in the Thai time zone I'll be in the zone. I was half way to my goal a few weeks ago, then I blew my account up. So I'm thinking that the sooner I get to thailand the better for trading. Also I have a TGF, but she want's me to be sure that I can support us before I come over. that makes sense and she just got a very stressful executive possition. I'm planing to be there by Oct 08.
  • #103,842
  • Jul 25, 2008 1:54am Jul 25, 2008 1:54am
Quoting Que
If it makes 210.96 it will have made the daily cross the Gann. So Its a tough call I think.
211.50-70 area should be pretty tough too.
  • #103,843
  • Jul 25, 2008 1:55am Jul 25, 2008 1:55am
Quoting ephisi
damn, i almosted exited at 211.60 previous support during the bull.
and reentered at the top, maybe i jsu add another position
I opened another small position at 211.95
Que
  • #103,844
  • Jul 25, 2008 1:56am Jul 25, 2008 1:56am
Quoting Piters
Lool .. Good Girl (GY), that''s the girl I know .

Mate, I was hopping we can reach 211.59 (200ema 4H) next week.. but obviously a lot of PPL are Upset on ""barber"" and ""butcher"" reports.. so it is looks to me as a revenge amost 400pips in 24 LOOL
good job big guy
  • #103,845
  • Jul 25, 2008 1:58am Jul 25, 2008 1:58am
Quoting Vfforexlee
Meh, am I missing something? I thought it would stop at .50 retracment.
who knows!! but i will exit my positions when i get an m30 gann cross. and reenter when it crosses back down or if i see a significant pullback.
  • #103,846
  • Jul 25, 2008 2:02am Jul 25, 2008 2:02am
Quoting lilmoe
who knows!! but i will exit my positions when i get an m30 gann cross. and reenter when it crosses back down or if i see a significant pullback.
I'm thinking of adding one more short, since there is some way of getting down but 4hr close is so far away from 5sma.
  • #103,847
  • Jul 25, 2008 2:07am Jul 25, 2008 2:07am
Quoting Vfforexlee
I'm thinking of adding one more short, since there is some way of getting down but 4hr close is so far away from 5sma.
I am not sure if I like what I am seing with this london Open. I really wanted to see a more definitive movement. I believe the Prelim GDP q/q is going to be negitive in 90 min, but I wanted to see price near 211.70 by then.
Que
  • #103,848
  • Jul 25, 2008 2:08am Jul 25, 2008 2:08am
Quoting Big Bruv
mornin' pips...downmove not over yet...possible retrace but i'm expecting a bloodbath on monday...210.50 first but i'm expecting it to go lower....baby
Not over, till lady sings. She won't be singing till next week.
  • #103,849
  • Jul 25, 2008 2:08am Jul 25, 2008 2:08am
Quoting Que
I am not sure if I like what I am seing with this london Open. I really wanted to see a more definitive movement. I believe the Prelim GDP q/q is going to be negitive in 90 min, but I wanted to see price near 211.70 by then.
I believe we have already seen the bottom of this 400 pip drop. 4hr is probably going to close above .50 and will continue from there on the way up.
  • #103,850
  • Jul 25, 2008 2:09am Jul 25, 2008 2:09am
[quote=PipLucky;2127915]
Quoting johninthai

yeah I think once in the Thai time zone I'll be in the zone. I was half way to my goal a few weeks ago, then I blew my account up. So I'm thinking that the sooner I get to thailand the better for trading. Also I have a TGF, but she want's me to be sure that I can support us before I come over. that makes sense and she just got a very stressful executive possition. I'm planing to be there by Oct 08.
how did u blow ur account in few week,
no moneymanagement?
or sleepingproblemss?
  • #103,851
  • Jul 25, 2008 2:10am Jul 25, 2008 2:10am
Quoting Vfforexlee
I believe we have already seen the bottom of this 400 pip drop. 4hr is probably going to close above .50 and will continue from there on the way up.
UJ going drop more. GU may go up, but not enough to lift GJ. AJ at a TL, but iffy, better let the /jpy crosses drop more.
  • #103,852
  • Jul 25, 2008 2:11am Jul 25, 2008 2:11am
Quoting Vfforexlee
I believe we have already seen the bottom of this 400 pip drop. 4hr is probably going to close above .50 and will continue from there on the way up.
It is possible that will happen. This is why I said the first hour of London will be key for me. However, Prelim GDP q/q will more then likely be negitive, bringing it back down a bit I think.

I just do not like what I have seen the last 25 min or so.
Que
  • #103,853
  • Jul 25, 2008 2:11am Jul 25, 2008 2:11am
we just bounced off of a trend line & support line at 211.50 on a 1 hour chart I have a Hammer with engufing up candle and we're at the top of the hour. could it be time to go long???? probably not yet, but keep your eyes open. indicators, over sold stochastic and RSI under 30, 1 hour chart only. the 4 hour is way to far to deturmine a reversal. thoughts?????????
  • #103,854
  • Jul 25, 2008 2:14am Jul 25, 2008 2:14am
Quoting PipLucky
we just bounced off of a trend line & support line at 211.50 on a 1 hour chart I have a Hammer with engufing up candle and we're at the top of the hour. could it be time to go long???? probably not yet, but keep your eyes open. indicators, over sold stochastic and RSI under 30, 1 hour chart only. the 4 hour is way to far to deturmine a reversal. thoughts?????????
I think Entering a new position Long or Short right now is not the best Idea. There is no conformation either way on direction. I would let this H4 close before even thinking of opening a new trade.

As far as closing a short you may have open....

Well as the old saying goes. No one ever went broke taking a profit...

Up to you my good man.
Que
  • #103,855
  • Jul 25, 2008 2:14am Jul 25, 2008 2:14am
[quote=ephisi;2127947]
Quoting PipLucky

how did u blow ur account in few week,
no moneymanagement?
or sleepingproblemss?
Lol I didnt blow the account, it was piplucky, think you took the wrong quote mate.
Enter Signature
  • #103,856
  • Jul 25, 2008 2:20am Jul 25, 2008 2:20am
Quoting lilmoe
who knows!! but i will exit my positions when i get an m30 gann cross. and reenter when it crosses back down or if i see a significant pullback.
smels like one now..
  • #103,857
  • Jul 25, 2008 2:21am Jul 25, 2008 2:21am
[quote=ephisi;2127947]
Quoting PipLucky

how did u blow ur account in few week,
no moneymanagement?
or sleepingproblemss?
When I don't sleep, I get punchy, it's kind-a-dumb but with attitude. I have a goal in mind and I was going to force it out of the market. It doesn't work that way. I got careless, stupid tired and very bold. I went from trading 5 Lots now starting over with less than a lot. No worries, I've done it before, I've been paying the bills doing this for two years. Up and down, pay some bills, then up and down, so I'm on the way up now!! It's all good, but I trully beleave that if I could sleep at night and trade during the day, I could take this to a much higher level. I'm a smart guy, I make good trades when I'm not behind the 8 ball. So there ya go, it's easy to blow an account and it's hard work to build one. thanks for asking, I wish you the best and don't let it happen to you.
  • #103,858
  • Jul 25, 2008 2:23am Jul 25, 2008 2:23am
Quoting Piters
smels like one now..
M15 is getting awfully close.
  • #103,859
  • Jul 25, 2008 2:26am Jul 25, 2008 2:26am
Quoting Vfforexlee
M15 is getting awfully close.
Yes it is, 2 M15's in a row looking not so good.
Que
  • #103,860
  • Jul 25, 2008 2:27am Jul 25, 2008 2:27am
oh look, i got a long open at 211.60. how cool is that?
i was just wondering... how many of you know what this chart means?
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