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

  • #106,201
  • Aug 8, 2008 2:14am Aug 8, 2008 2:14am
Quoting lilmoe
my gut feeling says the daily TL won't hold this time. it's really time for the next leg down.
My confirmation is that BREAKOUT!.. then I''ll LOAD FULL !

But I am watching that UY on Daily.. the second sign I am expecting is violating the NL... then, FULL LOAD x3

  • #106,202
  • Aug 8, 2008 2:15am Aug 8, 2008 2:15am
Long scalp @211.30 SL 210.90 TP 60-100 pips
It’s just emotions & money
  • #106,203
  • Aug 8, 2008 2:17am Aug 8, 2008 2:17am
Quoting Val144
Long scalp @211.30 SL 210.90 TP 60-100 pips
Val I may be eating my words i 2 minutes, but still isn't it a bit risky to go long, when we just broke yesterday's low?
  • #106,204
  • Aug 8, 2008 2:21am Aug 8, 2008 2:21am
Yes, but I risk just 40 pips
and Daily TL is not broken yet

Quoting Donadoney
Val I may be eating my words i 2 minutes, but still isn't it a bit risky to go long, when we just broke yesterday's low?
It’s just emotions & money
  • #106,205
  • Aug 8, 2008 2:23am Aug 8, 2008 2:23am
Quoting karmostaji
1st 210.50
2nd 209
3rd down below..
Dear,
now we are under gann i 1H , 4H, QQe crossed down in two time frame
  • #106,206
  • Aug 8, 2008 2:27am Aug 8, 2008 2:27am
i am still bullish and waiting for a confirmation to go long. i will turn bearish only when i see 210.50 broken. and i mean, BEARISH.
Nihil Sine Deo.
  • #106,207
  • Aug 8, 2008 2:33am Aug 8, 2008 2:33am
Am i missing something?...how can anyone be bullish?...yes we can get a bounce but we are in a down trend.
The trend is your friend until it's broken...baby. Period. The End..baby

by the way i'm expecting a bounce around the 209.50 area but after that the trend should continue downwards...baby
  • #106,208
  • Aug 8, 2008 2:35am Aug 8, 2008 2:35am
Quoting Val144
Yes, but I risk just 40 pips
and Daily TL is not broken yet
Come to papa 40 pips
  • #106,209
  • Aug 8, 2008 2:35am Aug 8, 2008 2:35am
as i said before, i assume the trend is intact until proven otherwise. and for me, the critical point is 210.50/40. below that i will turn bearish. now i really sound like a broken record
that's pretty much it.

Quoting Big Bruv
Am i missing something?...how can anyone be bullish?...yes we can get a bounce but we are in a down trend.
The trend is your friend until it's broken...baby. Period. The End..baby

by the way i'm expecting a bounce around the 209.50 area but after that the trend should continue downwards...baby
Nihil Sine Deo.
  • #106,210
  • Aug 8, 2008 2:35am Aug 8, 2008 2:35am
I expect we'll get some profit taking around the lower support line of this pitchfork that we're in. It has already been respected a couple of times.
Attached Image (click to enlarge)
Click to Enlarge Name: gjprofit taking.gif Size: 39 KB
  • #106,211
  • Aug 8, 2008 2:36am Aug 8, 2008 2:36am
Quoting Piters
ohooo ... Bear camp lool
hell yea!

lets hope i don't eat my crapper

Attached Image
  • #106,212
  • Aug 8, 2008 2:40am Aug 8, 2008 2:40am
Quoting Scrat
as i said before, i assume the trend is intact until proven otherwise. and for me, the critical point is 210.50/40. below that i will turn bearish. now i really sound like a broken record
that's pretty much it.
oops, sorry i didn't know that broken record was u
  • #106,213
  • Aug 8, 2008 2:49am Aug 8, 2008 2:49am
Long live Lilmoe.YEEEEE

Gappy you are done now.
  • #106,214
  • Aug 8, 2008 3:04am Aug 8, 2008 3:04am
Hmm, very interesting observation GUYS:

According the FIBO RULER we have very important day TODAY/TOMORROW (monday) as reversal. Just have a look dates, waves, and ruler lins: AND IT IS A 1.618 TODAY from very top @ 251.10

http://doske.com/Charts/ES-43.png

http://doske.com/Charts/ES-44.png
  • #106,215
  • Aug 8, 2008 3:10am Aug 8, 2008 3:10am
Quoting malcolmb14
if you want to play 5 min .... then look at the rsi as an indicator

the trend on rsi clearly shows the trend in price .. buy the dips in the price on 5 min unless rsi trend line is broken .. you cannot go wrong

Attachment

as soon as trend line on rsi was broken go short

90 pips profit to be had
Blogging daily now at www.volume.zone
  • #106,216
  • Aug 8, 2008 3:14am Aug 8, 2008 3:14am
lover being a day trader in markets like these .. do not guess the trend .. just go with it intraday .... trades any where from 5 min to 8 hours ( eurjpy short)

today has been gbpaud long , gj short x 4 times ( on retracements) , ej x 1 time , gbpchf long x 2 time , eurusd short x 1 time
Blogging daily now at www.volume.zone
  • #106,217
  • Aug 8, 2008 3:16am Aug 8, 2008 3:16am
OK my long survives for now.
My EA close trade only if three consecutive 1 minute candles close below selected SL level.
Attached Image (click to enlarge)
Click to Enlarge Name: gj-1m.gif Size: 17 KB
It’s just emotions & money
  • #106,218
  • Aug 8, 2008 3:19am Aug 8, 2008 3:19am
Just closed all my G/J shorts for the moment, looking to go short again later
PIPPED TO THE LINE
  • #106,219
  • Aug 8, 2008 3:34am Aug 8, 2008 3:34am
Warren Buffet rightly said "RISK IS NOT KNOWING WHAT YOU ARE DOING?"
Margin call has taught many lessons.

Quoting trickytrader
Just closed all my G/J shorts for the moment, looking to go short again later
  • #106,220
  • Aug 8, 2008 3:42am Aug 8, 2008 3:42am
you are saying I don;t know what i'm doing?
Whats wrong with taking profit when I feel that its going to go up a bit?
PIPPED TO THE LINE
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