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

Quoting TraderStar

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...
Can patience pills be mixed with wine??

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Quoting TraderStar

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If you check the last 200 posts or so you will find the same group of people saying: long to 195short to 180long to 193 minimumshort to 184long to gap fill at 197+short to 183...back and forth, back and forth .. I am not saying they are not right .. but mostly they are talking of very short term trades which never fulfill the longer term targets they mention. Any newbies watching this thread .. WAIT until you know what you are doing on your own before trying to trade one of the most erratically behaving pairs in an insane market. That's why I wait (taking my patience pills) for karmo's analysis because he at least has been consistent in what he believes will eventually happen & why.Shorting the GY over the past 2 weeks would never have been a mistake .. going long could have occasionally made a bucket of pips in the short term, but shorting rallies was never wrong.She has a date with some level below 180 at some point in time. There is zero probability trading where she is now, except for scalping on the 1 or 5 minute. I shall take 2 more patience pills & pop some more popcorn. Can patience pills be mixed with wine??

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Quoting malcolmb14

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look at the bullish div QQE indicator on your charts

I vote breakout

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Quoting TraderStar

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If you check the last 200 posts or so you will find the same group of people saying:
long to 195
short to 180
long to 193
minimum
short to 184
long to gap fill at 197+
short to 183
...back and forth, back and forth .. I am not saying they are not right .. but mostly they are talking of very short term trades which never fulfill the longer term targets they mention. Any newbies watching this thread .. WAIT until you know what you are doing on your own before trying to trade one of the most erratically behaving pairs in an insane market.
That's why I wait (taking my patience pills) for karmo's analysis because he at least has been consistent in what he believes will eventually happen & why.
Shorting the GY over the past 2 weeks would never have been a mistake .. going long could have occasionally made a bucket of pips in the short term, but shorting rallies was never wrong.She has a date with some level below 180 at some point in time. There is zero probability trading where she is now, except for scalping on the 1 or 5 minute.
I shall take 2 more patience pills & pop some more popcorn.

Can patience pills be mixed with wine??

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Quoting TraderStar

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If you check the last 200 posts or so you will find the same group of people saying:
long to 195
short to 180
long to 193
minimum
short to 184
long to gap fill at 197+
short to 183
...back and forth, back and forth .. I am not saying they are not right .. but mostly they are talking of very short term trades which never fulfill the longer term targets they mention. Any newbies watching this thread .. WAIT until you know what you are doing on your own before trying to trade one of the most erratically behaving pairs in an insane market.
That's why I wait (taking my patience pills) for karmo's analysis because he at least has been consistent in what he believes will eventually happen & why.
Shorting the GY over the past 2 weeks would never have been a mistake .. going long could have occasionally made a bucket of pips in the short term, but shorting rallies was never wrong.She has a date with some level below 180 at some point in time. There is zero probability trading where she is now, except for scalping on the 1 or 5 minute.
I shall take 2 more patience pills & pop some more popcorn.

Can patience pills be mixed with wine??

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Quoting malcolmb14

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'shorting gj over last 2 weeks' tell that to the guys that lost money today and yesterday and the day before trying to short her in this 700 pip UPTREND oh and do not forget the ones that got caught in the 400 pip gap UP that got margin calls.

If you are a good swing trader in this market you will trade like LIlmoe .. he was long at the very bottom and will likely hold till the very top . And what are you talking about occasionally made a bucket of pips going long ?We are ranging .. the range happens to be 185 to 192 / 195 ish.....

The drop from 205 zone to 185 was a strong downtrend .. and you have got married to it.


she might have a date with somewhere below 180 ... might...

but I see shorts getting married to the shorts .... and right now off 185 we are long ... going to 192 / 195 zone

that is 1000 pips last time I did math.

Keep shorting all the way up ... and your account may be destroyed by the time we reverse


The reasons I see breakout 192 tonight ( i am holding swing trade longs for a few hundred pips with a bit of luck)

lets see
1) gold moved $100 up yesterday (that is a 1 day record by the way for gold)... hardly any dip in gj .. in fact it took off to upside
2) things worse than earlier this year yet USDJPY still above 100 ??? why ... BOJ intervention maybe.
3) Feds coming up with rescue plan that will write off all bad debt from Investment and banking houses ( market went up 600 points .. not 10 points .. 600... in less than 2 hours based on rumour of this news)
4) Bullish divergences showing up on every time frame from 4 hour all way up to weekly and likely even monthly by the end of this month

so ignore all these factors and keep on being married to the shorts .. and you have a right to be it is your money . but something is going on here and you are ignoring the basics and the obvious, as Karmo is your hero ... and he is bearish.

if the feds do this massive bail out we will see the dj back at 11500 / 12000 in NO time as stocks are all on sale right now and investors will be lured back into the market. What will happen to the gj if that happens ??? 180 ?? i do not think so .

remember everyone was screaming gj to 180 when it was 192 ... and it took off to 215 ....

good luck on the shorts .....

at this point in time i have more arguements for going long on the dips than you do for going short on the rallies.....

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Quoting Globalprofits

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Jim Cramer is a dead set bone head and this clip just about sums him up for me:

http://www.youtube.com/watch?v=gUkbd...eature=related

GP

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Quoting naatha

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malcolmb14- gu1h - insn`t - a Star Forces Beareish Pattern?

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Quoting malcolmb14

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sorry ... I like you

but going short in the last week has been zero probablity ??? what an insane statement and one that shows you really do not know what you are talking about

here is heikin ashi candles ... does this look bearish since 185 ?

they are all green with no wick other than maybe one little red one in there .. does trend look likje it is down since 185 ??? NO

what the hell are you talking about .. zero probablity trading going long ?

ask Lilmoe how many pips he made going long ... not to mention me and Orion

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Quoting KillerWhale

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Why would it breakout? The last 3 hours I see a lower high every hour.

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Quoting mktjong

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Come on M, you made me nervous on my shorts. Just covered with +1 pip
I will wait for a while. I might able to short it at higher or buy at lower ..

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Quoting malcolmb14

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what is this pattern ? you likely will know and then you will know why I am thinking break out 192

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Quoting slide

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could be ..this?

http://www.investopedia.com/terms/c/cupandhandle.asp

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Quoting malcolmb14

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that cracked me up

Imperial Star fighter bearish pattern ..... this is one that all great traders in the future need to know

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Quoting rgitt05

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I am only stating my view based on charts...

I didn't tell anyone to take my trades...

Are you getting confused?...You make your trades base on your charts..

There will be many views on this board..

This is a forum and not a recommend trade signal..

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Quoting malcolmb14

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sorry ... I like you

but going short in the last week has been zero probablity ??? what an insane statement and one that shows you really do not know what you are talking about

here is heikin ashi candles ... does this look bearish since 185 ?

they are all green with no wick other than maybe one little red one in there .. does trend look likje it is down since 185 ??? NO

what the hell are you talking about .. zero probablity trading going long ?

ask Lilmoe how many pips he made going long ... not to mention me and Orion

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Quoting TraderStar

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I didn't say there was zero probabilty going long .. re-read my post and I said you could have made a bucket load of pips going long .. in the interim. I just said shorting every rally made pips as well and at the moment there is zero probability on this pair in any direction. Right now you are bullish .. in another hour you could turn bear again. Just saying...

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Quoting malcolmb14

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at this point in time i have more arguements for going long on the dips than you do for going short on the rallies.....

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Quoting malcolmb14

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what is this pattern ? you likely will know and then you will know why I am thinking break out 192

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