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

  • #105,761
  • Aug 6, 2008 4:04am Aug 6, 2008 4:04am
those ranging slow august forex markets suck. perhaps we already had our move this morning...
  • #105,762
  • Aug 6, 2008 4:06am Aug 6, 2008 4:06am
Quoting auslanco
Welcome to the thread Nero
Great to see you here too Auslanco, thanks for the invaluable guidance in the forex jungle
Money & Pain Respect the market, protect your capital, be patient
  • #105,763
  • Aug 6, 2008 4:21am Aug 6, 2008 4:21am
I found another simple way of making money - Buy on the uptrend and sell on the downtrend. Lots of money to make!! yippeeeeeeeeeeee

Quoting Dr.Geppynius
lool bro

i have my master plan. i sell all red m1 bars and buy all green ones.
  • #105,764
  • Aug 6, 2008 4:22am Aug 6, 2008 4:22am
Quoting Que
Looks like we are about to have an official close below the H1 Gann. Closing long trade for a small loss. My enter short. Not sure.
I din't know man.Daily momentum on GU and Uj are not the same.So that gives us range for GJ maybe.Sculping 212,10 area an Dp area maybe today gives best results.
  • #105,765
  • Aug 6, 2008 4:23am Aug 6, 2008 4:23am
Karmo did you got out at the PP? 211.57 that's what I did anyways, thanks for the tip down, I follow you when you when short, I apreciated
The Chonchy
  • #105,766
  • Aug 6, 2008 4:39am Aug 6, 2008 4:39am
Nice now QQe crossed on 4hr.So what is next?Gann flip too?
  • #105,767
  • Aug 6, 2008 5:02am Aug 6, 2008 5:02am
Are we gonna go long now guys.,Aus,Lilmoe,Karmo,Que anybody

Or wr go short to DP
  • #105,768
  • Aug 6, 2008 5:10am Aug 6, 2008 5:10am
H4 needs to Close below Gann.

Also I am not to worried with anything below 212.56 as that is 50% ret of the downmove.
Que
  • #105,769
  • Aug 6, 2008 5:14am Aug 6, 2008 5:14am
Quoting Que
H4 needs to Close below Gann.

Also I am not to worried with anything below 212.56 as that is 50% ret of the downmove.
but, the daily MOM is very bearish, we shouldn''t have a price more than 212.70/80 ... lot of confluency there..

AUS ??
  • #105,770
  • Aug 6, 2008 5:16am Aug 6, 2008 5:16am
EJ could go now down on 1 hr reverse bearish divergence and on 15 min clasic bearish.So gj will do...
  • #105,771
  • Aug 6, 2008 5:18am Aug 6, 2008 5:18am
Quoting Piters
but, the daily MOM is very bearish, we shouldn''t have a price more than 212.70/80 ... lot of confluency there..
sidelines...short only around 212.16 area. i would only act in scalping mode in this range.
  • #105,772
  • Aug 6, 2008 5:20am Aug 6, 2008 5:20am
Quoting "expert"
Are we gonna go long now guys.,Aus,Lilmoe,Karmo,Que anybody

Or wr go short to DP
Check the post #105731 , Page 7049. Aus had drawn the direction well ahead of the moves.
  • #105,773
  • Aug 6, 2008 5:21am Aug 6, 2008 5:21am
Ok G'Night guys, this is pretty boring... Will be back in 6 hrs or so..
Que
  • #105,774
  • Aug 6, 2008 5:21am Aug 6, 2008 5:21am
Could it be that someone is trying to move it up but he wait for help from others.I don't know ,but is this crazy
  • #105,775
  • Aug 6, 2008 5:22am Aug 6, 2008 5:22am
Welcome nero,

I`am always happy to learn something new, looking for
your contributions.


Quoting nero
my name is Nero ,and I am new here.
I following after the nice things that you all post and enjoy to read it very much.
the reason that I’m new here its because i have my on forum almost 3 years, but i decide to be here because part of the guys here have a lot knowledge.
I am trading Forex almost 3 years and i hope to share with you my knowledge.
usually i trade the gbp/jpy.
i am teaching Forex in 2 university and also money management for clients.
I will post some new material soon.
take care guys.
have successful trading.
  • #105,776
  • Aug 6, 2008 5:25am Aug 6, 2008 5:25am
Quoting "expert"
Could it be that someone is trying to move it up but he wait for help from others.I don't know ,but is this crazy
it is just whipsawing due to intervention. there is no clear direction, otherwise we would already have gone somewhere. august is known for crappy movement and many of the big guys are on holiday or buying new searays etc.
  • #105,777
  • Aug 6, 2008 5:27am Aug 6, 2008 5:27am
Quoting bounty
Check the post #105731 , Page 7049. Aus had drawn the direction well ahead of the moves.
Yap man i am checking it many times today almost as bible,but that is for the 3 days in advance,not today.And today i short 2x from 212,37 but this next time i dont know.This is so mixed.But i dont belive it has the power for today to break this area.We will see
  • #105,778
  • Aug 6, 2008 5:32am Aug 6, 2008 5:32am
Daily direction is down.

Take 2 patience pills and chilax
Trade what you see, not what you think.
  • #105,779
  • Aug 6, 2008 5:34am Aug 6, 2008 5:34am
Quoting karmostaji
Daily direction is down.

Take 2 patience pills and chilax
nice
again learned something new.
  • #105,780
  • Aug 6, 2008 5:34am Aug 6, 2008 5:34am
Quoting Piters
but, the daily MOM is very bearish, we shouldn''t have a price more than 212.70/80 ... lot of confluency there..

AUS ??
Hi Piters,

Yes the pair is consolidating around 1hr 100sma. We may see this choppy action for the next few days. These are the days most trend traders loose money and range traders make money Daily Stochs are pointing up but the Daily Momentum is pointing down, which means 100 pips up 100 pips down( choppy daily bar). I do not see it going further than 212.70/80 TODAY. However a consolidation above 1hr 100sma could also mean the pair is ready to move up towards 216 next week.
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