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

  • #111,741
  • Sep 8, 2008 9:52pm Sep 8, 2008 9:52pm
Quoting JazzmanQ2
Don't guess...use your charts! This could drop very fast if the carry trades really start to unwind. These are very uncertain times economically...don't become a statistic!
thanks for reminding, will stick to my chart.
  • #111,742
  • Sep 8, 2008 9:53pm Sep 8, 2008 9:53pm
Quoting moneybookers
thanks for reminding, will stick to my chart.
does anyone have any targets for a potential g/j sell?
  • #111,743
  • Sep 8, 2008 9:57pm Sep 8, 2008 9:57pm
Weekly S1 @ 187.58 / Daily S1 @ 187.12

If we break the Daily S1 and follow through and break the lows around 186.20....

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  • #111,744
  • Sep 8, 2008 10:01pm Sep 8, 2008 10:01pm
Quoting cancunkev
Weekly S1 @ 187.58 / Daily S1 @ 187.12

If we break the Daily S1 and follow through and break the lows around 186.20....

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wow....thats a hell of a statement.....makes me not want to take my eyes off the screen. Then again...."a watched currency pair never tanks".....isn't there some saying out there like that?
--post hoc ergo propter hoc--
  • #111,745
  • Sep 8, 2008 10:02pm Sep 8, 2008 10:02pm
Quoting Monk
wow....thats a hell of a statement.....makes me not want to take my eyes off the screen. Then again...."a watched currency pair never tanks".....isn't there some saying out there like that?
lol i dont know if he was being serious or joking
  • #111,746
  • Sep 8, 2008 10:04pm Sep 8, 2008 10:04pm
I am being serious, but we do need to see a medium term candle (4hr) close below the recent lows of 186.20. If that happens the next S/R level is around 176/177 or so.
  • #111,747
  • Sep 8, 2008 10:10pm Sep 8, 2008 10:10pm
Quoting cancunkev
I am being serious, but we do need to see a medium term candle (4hr) close below the recent lows of 186.20. If that happens the next S/R level is around 176/177 or so.
thanks to everyone for posting. i am new and learning. you are all so smart.

please keep posting.

thanks
  • #111,748
  • Sep 8, 2008 10:11pm Sep 8, 2008 10:11pm
Quoting rogerdoger
lol i dont know if he was being serious or joking
both.....!!!!
i know what this pair is capable of...which is why i don't trade it well.

I've made and lost hundreds of pips for no known reason.....i mean...i "sort of understood" what was going on....but to see this pair move hundreds of pips in a matter of minutes is not uncommon.

i think the most i ever lost was 300 (x2 lots) pips when i got up to go take a leak and got distracted for a few minutes.
--post hoc ergo propter hoc--
  • #111,749
  • Sep 8, 2008 10:12pm Sep 8, 2008 10:12pm
....Please remember that following posts in a forum without a trading plan of your own can lead to disaster....

So NewGuy, read up, study, demo, but for god's sake don't trade anyone else's views live untill you have your own
  • #111,750
  • Sep 8, 2008 10:15pm Sep 8, 2008 10:15pm
Quoting cancunkev
....Please remember that following posts in a forum without a trading plan of your own can lead to disaster....

So NewGuy, read up, study, demo, but for god's sake don't trade anyone else's views live untill you have your own
thanks, i am learning. i dont trade everyones views and posts, but they help me to learn and understand ..
  • #111,751
  • Sep 8, 2008 10:16pm Sep 8, 2008 10:16pm
Quoting Monk
both.....!!!!
i know what this pair is capable of...which is why i don't trade it well.

I've made and lost hundreds of pips for no known reason.....i mean...i "sort of understood" what was going on....but to see this pair move hundreds of pips in a matter of minutes is not uncommon.

i think the most i ever lost was 300 (x2 lots) pips when i got up to go take a leak and got distracted for a few minutes.
taking a leak can be detrimental to your GJ pippage experience
You're right though about the volatility though, kinda the reason why we call her the beast. You can have great fun with her but just as quickly she can turn around and become the grand b1tch.

Nikkei lead the road south
  • #111,752
  • Sep 8, 2008 10:19pm Sep 8, 2008 10:19pm
Quoting Eulogy
taking a leak can be detrimental to your GJ pippage experience
YEP...that's why i now keep a bucket under the desk.....2 bucks has saved me 10's of thousands....
--post hoc ergo propter hoc--
  • #111,753
  • Sep 8, 2008 10:30pm Sep 8, 2008 10:30pm
Quoting kujo17
Lets get em together !!
200% in two days...... ohhh yeah.....
Hahahah That's what I'm talking about
Trade what you see, not what you think.
  • #111,754
  • Sep 8, 2008 10:49pm Sep 8, 2008 10:49pm
hi can i have some insights on what drives the G/J fundamentally?
  • #111,755
  • Sep 8, 2008 10:56pm Sep 8, 2008 10:56pm
OK
Price is below Gann, but u have a cros for QQE5 just betwin last two candles. u must have one candle to eclose to confirm the cross.

Quoting cancunkev
QQE 5 on 4HR
It’s just emotions & money
  • #111,756
  • Sep 8, 2008 10:58pm Sep 8, 2008 10:58pm
Quoting karmostaji
Hahahah That's what I'm talking about
big leverage?
  • #111,757
  • Sep 8, 2008 10:58pm Sep 8, 2008 10:58pm
can you please explain to me since i`m newbie,what does it mean when the candle is closed and what when it`s not,ta
  • #111,758
  • Sep 8, 2008 11:00pm Sep 8, 2008 11:00pm
Quoting moneybookers
big leverage?
ofcourse not, but if you have a bulky amount of $ in your account, it's possible making a decent amount of money (several K's) by just gaining 3%

If anyone wants to make money in forex, you shouldn't be under capitalized.
Trade what you see, not what you think.
  • #111,759
  • Sep 8, 2008 11:01pm Sep 8, 2008 11:01pm
Quoting mattpajek
can you please explain to me since i`m newbie,what does it mean when the candle is closed and what when it`s not,ta
have you read www.babypips.com ? if not, then that is the first thing you want to do my friend
Trade what you see, not what you think.
  • #111,760
  • Sep 8, 2008 11:02pm Sep 8, 2008 11:02pm
Quoting rogerdoger
does anyone have any targets for a potential g/j sell?

i thought the sell reached target .236* 18785 already?


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