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

  • #108,521
  • Aug 25, 2008 11:16am Aug 25, 2008 11:16am
She's looking prime for a short soon....

B
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  • #108,522
  • Aug 25, 2008 11:22am Aug 25, 2008 11:22am
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  • #108,523
  • Aug 25, 2008 11:22am Aug 25, 2008 11:22am
Quoting anakmelayufx
I don't think GU will going down this week. Look carefully at QQE D1, H4 and H1 already crossed. If GU closed above Gann Hilo at H4, my opinion GU will going uptrend at least to Fibo 50.0 - 61.8 (1.8600 to 1.8650) at H1 chart before GU continue downtrend. However if GU break 1.8670 and above we will see GU will heading to north to fibo 23.6 (1.8810) at D1 chart.
hi anakmelayufx,

thanks for your input ,

your right ,reversal is possible according to your analysis ,but i count on the

long run.

tight stoploss will be used.
I always knew that someday I would make it big
  • #108,524
  • Aug 25, 2008 11:42am Aug 25, 2008 11:42am
THE CRAPPER SHOWS THE DIRECTION
  • #108,525
  • Aug 25, 2008 11:48am Aug 25, 2008 11:48am
I'm short at 202.75

May the U.S.S Crapper lead us to victory!
  • #108,526
  • Aug 25, 2008 11:51am Aug 25, 2008 11:51am
Quoting bigcoupe
I'm short at 202.75

May the U.S.S Crapper lead us to victory!
You are bravely .....
  • #108,527
  • Aug 25, 2008 11:56am Aug 25, 2008 11:56am
My 4 hour chart closed with a bearish outside vertical bar. That's telling me that we should see some downside, although it may be limited considering that the gbp/usd has a chance to close the day bullishly. I'm definitely ready to close the trade if this is the case, but hopefully I will have moved the stop into the positive.

The same trade is going for the chf/jpy. If you'll look at the daily charts, you'll also see that, if you were to add today's "potential" close with yesterday's, it has a chance to close as a pin bar to the downside. That would give more confirmation for short orders.

Have a good one everybody, and best of luck to you.
I dream, therefore I become.
  • #108,528
  • Aug 25, 2008 12:08pm Aug 25, 2008 12:08pm
im not normally nervous with my trade calls im short gbp yen

helpppppppppppppppp not sure if i should set the BE button now or just keep watching
  • #108,529
  • Aug 25, 2008 12:10pm Aug 25, 2008 12:10pm
Quoting cohiba pips
im not normally nervous with my trade calls im short gbp yen

helpppppppppppppppp not sure if i should set the BE button now or just keep watching

Cohiba (which are by the way, awesome), If your uncertain about it, think about this. Would you take that same short order RIGHT NOW in the current market conditions? If not, then why do you want to stay in it?

It's always a better option to put your money somewhere that you would consider a fairly safe trade or investment rather than having to worry about it.
I dream, therefore I become.
  • #108,530
  • Aug 25, 2008 12:11pm Aug 25, 2008 12:11pm
Quoting cohiba pips
im not normally nervous with my trade calls im short gbp yen

helpppppppppppppppp not sure if i should set the BE button now or just keep watching
YOU must make that decision
YOU are managing your own account
Trade what you see, not what you think.
  • #108,531
  • Aug 25, 2008 12:13pm Aug 25, 2008 12:13pm
Quoting karmostaji
YOU must make that decision
YOU are managing your own account

Best advice you'll hear man. You have to eperience it for yourself in order to learn from it.


Karmo, how've you been? I haven't been posting here a whole lot lately, but it's good seeing you are still! I hope everything's great for you my man!
I dream, therefore I become.
  • #108,532
  • Aug 25, 2008 12:16pm Aug 25, 2008 12:16pm
hello pips..holiday here in the uk today..baby

hope ye all having fun...

been out of the market for a while now and don't intend to get back in until the start of Sep...so just chilling , having a Bud...and enjoying those pips..baby

One thing dats deffo been confirmed is we are in a down trend...i just now have to pick a good spot to enter a trade for Sep....it's looking like 206.10 is the spot..but lets see..got 5 more days or so to decide..

happy pippin..baby
  • #108,533
  • Aug 25, 2008 12:16pm Aug 25, 2008 12:16pm
yes i thought it was too risky a trade even though
everthing tells me this pair is heading south so i booked thirty pips and will take another look later ill take a break now

good luck all i think your all great people that work far too hard
  • #108,534
  • Aug 25, 2008 12:45pm Aug 25, 2008 12:45pm
Given the strength of the USD, would it be better to short G/U rather than G/J? Any comments? Thanks!
  • #108,535
  • Aug 25, 2008 12:59pm Aug 25, 2008 12:59pm
Quoting mike w
Best advice you'll hear man. You have to eperience it for yourself in order to learn from it.


Karmo, how've you been? I haven't been posting here a whole lot lately, but it's good seeing you are still! I hope everything's great for you my man!
Hey mike .. where have you been bro ? It's been a long time since you where around here ... we all missed you ...

Welcome back
Discipline + Patience - Fear - Greed = Success
  • #108,536
  • Aug 25, 2008 1:07pm Aug 25, 2008 1:07pm
Quoting dogberry
Given the strength of the USD, would it be better to short G/U rather than G/J? Any comments? Thanks!
Trading pairs like EU, GU or UJ is more straight forward IMO. While $ is the main player of the market these days, it is better to trade main pairs.

The weakness of cable and strength of $ on the other side makes GU the best pair to trade for now.

GJ will give you huge green pips sometimes but as we are witnessing lately, most of times it traps into range and you have to give half of the pips you've earned back to the market.

JMVHO
Discipline + Patience - Fear - Greed = Success
  • #108,537
  • Aug 25, 2008 1:11pm Aug 25, 2008 1:11pm
Quoting arezab
Hey mike .. where have you been bro ? It's been a long time since you where around here ... we all missed you ...

Welcome back
Hey Arezab! Thanks, I appreciate it. I've been here, but just haven't had much to write. G/J has been a slug as of late and I haven't had any solid daily signals on it.

That, plus I've been gone for quite a while throughout July and August, made it difficult for me to keep up with the thread. My sister just recently got engaged so I went down to congratulate them and give them their gift a little early. Other than that, I've been on vacation quite a bit too. All of my friends seem to like taking me out now that I just turned 21 too. lol That all adds up.

I've just been trading the dailies and weeklies for the most part (IMO that's where the real money is, like always).

Anyways, how's it goin for you man? I hope everythings good brother!
I dream, therefore I become.
  • #108,538
  • Aug 25, 2008 1:21pm Aug 25, 2008 1:21pm


Quoting arezab
Trading pairs like EU, GU or UJ is more straight forward IMO. While $ is the main player of the market these days, it is better to trade main pairs.

The weakness of cable and strength of $ on the other side makes GU the best pair to trade for now.

GJ will give you huge green pips sometimes but as we are witnessing lately, most of times it traps into range and you have to give half of the pips you've earned back to the market.

JMVHO
  • #108,539
  • Aug 25, 2008 1:21pm Aug 25, 2008 1:21pm
Quoting mike w
Hey Arezab! Thanks, I appreciate it. I've been here, but just haven't had much to write. G/J has been a slug as of late and I haven't had any solid daily signals on it.

That, plus I've been gone for quite a while throughout July and August, made it difficult for me to keep up with the thread. My sister just recently got engaged so I went down to congratulate them and give them their gift a little early. Other than that, I've been on vacation quite a bit too. All of my friends seem to like taking me out now that I just turned 21 too. lol That all adds up.

I've just been trading the dailies and weeklies for the most part (IMO that's where the real money is, like always).

Anyways, how's it goin for you man? I hope everythings good brother!
hey mike w nice to know i wasnt d only one touring d world on vacation..have also taking to long time trading and also fixed odd trading..its been excellently profiting..how have u been n can we get to see som time i plan come around ur country during my xmas tour
Imanuel Parsifal
  • #108,540
  • Edited 1:37pm Aug 25, 2008 1:25pm | Edited 1:37pm
Quoting mike w
Hey Arezab! Thanks, I appreciate it. I've been here, but just haven't had much to write. G/J has been a slug as of late and I haven't had any solid daily signals on it.

That, plus I've been gone for quite a while throughout July and August, made it difficult for me to keep up with the thread. My sister just recently got engaged so I went down to congratulate them and give them their gift a little early. Other than that, I've been on vacation quite a bit too. All of my friends seem to like taking me out now that I just turned 21 too. lol That all adds up.

I've just been trading the dailies and weeklies for the most part (IMO that's where the real money is, like always).

Anyways, how's it goin for you man? I hope everythings good brother!
hey mike
how r u budd???
nice to see you here agian.
wish the best for you budd
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