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

  • #108,321
  • Aug 22, 2008 3:40am Aug 22, 2008 3:40am
Quoting kinharold
Naija Bros, Pls help me. can we say this is the bottom for GJ? Unfortunately i had to hedge my long positions (short) at 202.02, just before the long retracement. i am really confused either to close the short and follow the long retrace.
Hedging is very dangerous. i vowed never to hedge. why idd u hedginstead of taking profit. y advice is ur hedge is in profit, close all both sides and start afresh. run away form hedges. if u must hedge and ure very sure u have to hedge with a double position. so u can close all at breakeven or more profir. But dis is more risky Most im portantly, if urhege is in profit from yesterdays trade i adviseu close bothe sides just my adviuse, not a trade call
  • #108,322
  • Aug 22, 2008 3:43am Aug 22, 2008 3:43am
Interesting start to London so far
Patience + Humility + Study = Success
  • #108,323
  • Aug 22, 2008 3:44am Aug 22, 2008 3:44am
GBP USD is going dow to 1.84 today
lol
  • #108,324
  • Aug 22, 2008 3:44am Aug 22, 2008 3:44am
morning all
  • #108,325
  • Aug 22, 2008 3:47am Aug 22, 2008 3:47am
Quoting DutchTrader
Interesting start to London so far
sorry longs.... my turn
  • #108,326
  • Aug 22, 2008 3:47am Aug 22, 2008 3:47am
203.50 is clearly gone, my eyes tell me that 201 is open now, but it is friday...
Patience + Humility + Study = Success
  • #108,327
  • Aug 22, 2008 3:48am Aug 22, 2008 3:48am
Hi mentors in the house; what is pushing the lady down this fast?
  • #108,328
  • Aug 22, 2008 3:49am Aug 22, 2008 3:49am
Quoting kinharold
Hi mentors in the house; what is pushing the lady down this fast?
Cuz the lady's a tramp.

Moe,

I'm only long in my suit size bro
Patience + Humility + Study = Success
  • #108,329
  • Aug 22, 2008 3:52am Aug 22, 2008 3:52am
Hi Lilmoe
Time Nice For Short Gbpaud
  • #108,330
  • Aug 22, 2008 3:53am Aug 22, 2008 3:53am
Quoting kinharold
Hi mentors in the house; what is pushing the lady down this fast?

welcome to forex
  • #108,331
  • Aug 22, 2008 3:53am Aug 22, 2008 3:53am
definitely didnt expect that from gu. i was stopped out of my long. crazy this morning
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #108,332
  • Aug 22, 2008 3:54am Aug 22, 2008 3:54am
Quoting DutchTrader
Cuz the lady's a tramp.

Moe,

I'm only long in my suit size bro
im long in other places
  • #108,333
  • Aug 22, 2008 3:54am Aug 22, 2008 3:54am
Quoting hussin naiji
Hi Lilmoe
Time Nice For Short Gbpaud



my eur/aud shorts were slammed though.... 90 pips loss! ouch!
  • #108,334
  • Aug 22, 2008 3:54am Aug 22, 2008 3:54am
We're going to retest the 201.70 low it seems and might close with a BEOB on the daily.
Patience + Humility + Study = Success
  • #108,335
  • Aug 22, 2008 3:55am Aug 22, 2008 3:55am
Quoting lilmoe
im long in other places
where Euro?
Patience + Humility + Study = Success
  • #108,336
  • Aug 22, 2008 3:56am Aug 22, 2008 3:56am
203.34 is daily pivot point. 1st support is 202.07. 2nd support is 200.50.
  • #108,337
  • Aug 22, 2008 3:56am Aug 22, 2008 3:56am
info:

GJ normally tests broken bearish flags before continuing its journey down... let's see if this is the case today, i see a touch of the bearish flag/triangle, and now price bounced 140+ pips from there, let's see if 202.45 will hold this time...
  • #108,338
  • Aug 22, 2008 3:57am Aug 22, 2008 3:57am
Quoting DutchTrader
where Euro?
yea i was long in europe
  • #108,339
  • Aug 22, 2008 3:58am Aug 22, 2008 3:58am
Quoting lilmoe
yea i was long in europe
I was long in Tokyo recently
Patience + Humility + Study = Success
  • #108,340
  • Aug 22, 2008 3:58am Aug 22, 2008 3:58am
Quoting lilmoe
sorry longs.... my turn

Good Morning BRO,

yes it is your turn TODAY (don't let me down plz... push the price back below 200)
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