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

  • #104,221
  • Jul 28, 2008 12:03am Jul 28, 2008 12:03am
Quoting Vfforexlee
We're in tight ranging. There is really no strong signal but I'm still holding on to my shorts.

If you look at weekly chart and put up 50 ema and 200 ema, you will see something there.

Maybe the new one hour candle will tell us somehing
  • #104,222
  • Jul 28, 2008 12:06am Jul 28, 2008 12:06am
Quoting PipLucky
Maybe the new one hour candle will tell us somehing
Looking pretty good at the moment.
  • #104,223
  • Jul 28, 2008 12:23am Jul 28, 2008 12:23am
Quoting Vfforexlee
Wow, did anyone experience that 20 pip spike? Good thing I didn't have a stop loss on that one.

Did you see or it could be my broker?

UPDATE: It was going 20 pip up in two seconds and then came back down to normal. Boy, I don't think I should a stop loss at all when using this kind of platform - ATCbrokers.
are u one of the few live prelaunch clients on atcbrokers
  • #104,224
  • Jul 28, 2008 12:25am Jul 28, 2008 12:25am
No, I'm just demoing. You can see in my posts before. I could have been live because I'm up +920 pips last week.
  • #104,225
  • Jul 28, 2008 12:27am Jul 28, 2008 12:27am
214.30 area is a huge support line. If we can get past this area, it is going to 4hr 50ema.
  • #104,226
  • Jul 28, 2008 12:30am Jul 28, 2008 12:30am
DBHLC on 4hr TF
  • #104,227
  • Jul 28, 2008 12:33am Jul 28, 2008 12:33am
Quoting ephisi
DBHLC on 4hr TF
I don't see it; I know what bars you mean but they're not significant enough to be DBHLC.

EDIT: I see a pin bar on M5 but that could mean anything.
  • #104,228
  • Jul 28, 2008 1:01am Jul 28, 2008 1:01am
Market is really looking good at the moment!

EDIT: If this goes below 213.80 area, watch out!
  • #104,229
  • Jul 28, 2008 1:01am Jul 28, 2008 1:01am
wish me luck
  • #104,230
  • Jul 28, 2008 1:04am Jul 28, 2008 1:04am
Quoting PipLucky
wish me luck
already had. I was hoping we should get down since I'm at 214.48.

EDIT: The problem with your trade is that you should watch out for a big retrace after a breakout like this one.
DOUBLE EDIT: Sorry, I'm just worked over. Lilmoe, could this be the 1000 pip drop?
  • #104,231
  • Jul 28, 2008 1:09am Jul 28, 2008 1:09am
mornin' pips...

i see london morning has got us going...baby
  • #104,232
  • Jul 28, 2008 1:13am Jul 28, 2008 1:13am
Quoting ephisi
base on my signals and price action, i may short b4 frankfurt.
Frankfurt is fund of shorting GJ
if 214 is broken then Target 4hr 5sma coincidennt with 4hr gann.
  • #104,233
  • Jul 28, 2008 1:14am Jul 28, 2008 1:14am
214 is broken! This could be the big drop!!!!
  • #104,234
  • Jul 28, 2008 1:26am Jul 28, 2008 1:26am
Need to break 213.95 for sell
  • #104,235
  • Jul 28, 2008 1:39am Jul 28, 2008 1:39am
I might be too early to lock in profit but 213.85 has me worried, so at 30 pip profit I locked in 1 pip, so from here it's all on there money. tp is at 211.90
  • #104,236
  • Jul 28, 2008 1:42am Jul 28, 2008 1:42am
exite with small 30pips

i dont hold frankfurt trades into london most times

reenter in london
  • #104,237
  • Jul 28, 2008 1:44am Jul 28, 2008 1:44am
Quoting ephisi
exite with small 30pips

i dont hold frankfurt trades into london most times

reenter in london
yeah; I'm about to get stopped out with 1 pip, MMMMMmmm you had a good plan Man!!!
  • #104,238
  • Jul 28, 2008 1:44am Jul 28, 2008 1:44am
why did you exit? we are only retracing after a fast fall...

i know 213.8 is major support on weekly chart but just wait for gann to cross over and then exit your trade.
  • #104,239
  • Jul 28, 2008 1:45am Jul 28, 2008 1:45am
1hr 50 and 100 causing problems for bears.
if 1h candle closes above 1h 5o, its gonna force a retrace, ill likely reenter at d top
  • #104,240
  • Jul 28, 2008 1:48am Jul 28, 2008 1:48am
if 1hr candle closes at 50ema, i would exit my trade but not now. haha.
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