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

  • #114,541
  • Sep 16, 2008 7:21pm Sep 16, 2008 7:21pm
Ok guys...see you at London session. Confirm Daily close above daily pivot 188.00
  • #114,542
  • Sep 16, 2008 7:25pm Sep 16, 2008 7:25pm
Remember to lockin your pips..

Good Nite malcolmb14

I am waiting to lockin my 500 pips from 186.50 5 hrs ago..




Quoting malcolmb14
closed last trade out for 100 pips myself .. awesome afternoon

i was looking at 4 hour ... is it possible we get to 194 ?

that would be insane a 1000 pip move up in one day. I think we get to 192.5

I am out of here ... have a great evening all ...
[
  • #114,543
  • Sep 16, 2008 7:26pm Sep 16, 2008 7:26pm
Where the hell is AIG? No announcement? What the heck can they be talking about?
  • #114,544
  • Sep 16, 2008 7:29pm Sep 16, 2008 7:29pm
Quoting rgitt05
Remember to lockin your pips..

Good Nite malcolmb14

I am waiting to lockin my 500 pips from 186.50 5 hrs ago..

I closed out for alot of pips this afternoon .. .. just scalping away...

alot of them were just 50 pips trades .. some on the downside....some on the up side

this market is really volaile .. almost like trading oil ...lol

newer traders please be careful ..... I would just sit this market out ,.... better to come out of this volatile time with your account intact than try to trade the beast with these whipsaws.

REMEMBER JUST SITTING OUT AND WAITING FOR THE MARKET TO SETTLE DOWN IS A GOOD RISK MANAGEMENT PLAN ALSO
Blogging daily now at www.volume.zone
  • #114,545
  • Sep 16, 2008 7:29pm Sep 16, 2008 7:29pm
to take to bailout AIG..



Quoting seesaw
Where the hell is AIG? No announcement? What the heck can they be talking about?
[
  • #114,546
  • Sep 16, 2008 7:29pm Sep 16, 2008 7:29pm
Quoting malcolmb14
closed last trade out for 100 pips myself .. awesome afternoon

i was looking at 4 hour ... is it possible we get to 194 ?

that would be insane a 1000 pip move up in one day. I think we get to 192.5

I am out of here ... have a great evening all ...
I am also done for the day .. but it seems that it's not done yet .. still many potential trades to come .. very tempting .. :-)
  • #114,547
  • Sep 16, 2008 7:32pm Sep 16, 2008 7:32pm
swap interest.. Good Scalping.. I did some scalping myself to increase my margin..



Quoting malcolmb14
I closed out for alot of pips this afternoon .. .. just scalping away...

alot of them were just 50 pips trades .. some on the downside....some on the up side

this market is really volaile .. almost like trading oil ...lol

newer traders please be careful ..... I would just sit this market out ,.... better to come out of this volatile time with your account intact than try to trade the beast with these whipsaws.

REMEMBER JUST SITTING OUT AND WAITING FOR THE MARKET TO SETTLE DOWN IS A GOOD RISK MANAGEMENT PLAN ALSO
[
  • #114,548
  • Sep 16, 2008 7:33pm Sep 16, 2008 7:33pm
gbp/usd hit 61. 8 fibo expansion. Will see how it handles this now.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 19 KB
  • #114,549
  • Sep 16, 2008 7:33pm Sep 16, 2008 7:33pm
Price action at that time will hopefully hit my target..

[
  • #114,550
  • Sep 16, 2008 7:40pm Sep 16, 2008 7:40pm
275 net pips today alone, 675 for the week so far, which adds up to 6.45% account groth . That adds up nicely.
We need more Wall Street panic.

Orca
New voice message: Why are you calling me? If I need you, I'll call you!
  • #114,551
  • Sep 16, 2008 7:44pm Sep 16, 2008 7:44pm

Prepared by: FX Solutions, LLC Saddle River Executive Centre, One Route 17 South, Suite 260, Saddle River, NJ 07458

9/16/2008 8:33:18 PM


AUSTRALIA: The central bank added extra cash to the banking system
for a third day today seeking to ease funding pressures amid the global
credit squeeze. In its regular daily money market operation the Reserve
Bank of Australia (RBA) added a total of A$4.285 billion ($3.4 billion)
in cash. That was nearly twice the market`s estimated cash need of
A$2.18 billion implying that commercial banks` cash balances with the
central bank would expand.
  • #114,552
  • Sep 16, 2008 7:44pm Sep 16, 2008 7:44pm
Remember to not get to greedy..Lockin pips while in profits..

Compounding is awesome..



Quoting KillerWhale
275 net pips today alone, 675 for the week so far, which adds up to 6.45% account groth . That adds up nicely.
We need more Wall Street panic.

Orca
[
  • #114,553
  • Sep 16, 2008 7:47pm Sep 16, 2008 7:47pm
Quoting ephisi
reverse head and shoulers on 1Hr charts.
yea thats what i said when price was at 187.35...H&S.. no one cared...
Markets are not Random, they are designed!
  • #114,554
  • Sep 16, 2008 7:49pm Sep 16, 2008 7:49pm
It helps to post a chart for other too see your view..



Quoting Raza
yea thats what i said when price was at 187.35...H&S.. no one cared...
[
  • #114,555
  • Sep 16, 2008 7:53pm Sep 16, 2008 7:53pm
Quoting rgitt05
Remember to not get to greedy..Lockin pips while in profits..

Compounding is awesome..

Been away from computer a while nice trades today Rgitt.. Still holding out for 91.50 or been stopped out in profit!!!
Price does what price wants , I just need to be prepared.
  • #114,556
  • Sep 16, 2008 7:56pm Sep 16, 2008 7:56pm
stay focus and be patience..the market is trying to shake out the longs..



Quoting PJkiller
Been away from computer a while nice trades today Rgitt.. Still holding out for 91.50 or been stopped out in profit!!!
[
  • #114,557
  • Sep 16, 2008 7:57pm Sep 16, 2008 7:57pm
sorry i dont know how to post charts purely on price action

once again sorry traders dont wont to piss people off

dont take this as a call i only dip in now and again
  • #114,558
  • Sep 16, 2008 7:57pm Sep 16, 2008 7:57pm
just looking for place to buy in maybe back at 15 min trend line again
Price does what price wants , I just need to be prepared.
  • #114,559
  • Sep 16, 2008 8:01pm Sep 16, 2008 8:01pm
maybe 189.20 any thoughts
Price does what price wants , I just need to be prepared.
  • #114,560
  • Sep 16, 2008 8:02pm Sep 16, 2008 8:02pm
Quoting rgitt05
stay focus and be patience..the market is trying to shake out the longs..

Buy the rumour, Sell the fact is a strange phenomenon that seems to happen again and again and again.

Which makes it odd that we've had a 400+ pip rally in anticipation of a bailout and then another 250+ pips on confirmation. I'm not confident this will reach 191.50

This conservatorship of AIG will do exactly what it did to the FNM/FRE share price.
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