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

  • #115,701
  • Sep 18, 2008 6:40pm Sep 18, 2008 6:40pm
Quoting malcolmb14
oh ok sorry

lol . .the way i trade I could be bullish now and bearish in 5 minutes....
or 5 nano-seconds?? Your fingers are probably younger and faster than mine
  • #115,702
  • Sep 18, 2008 6:41pm Sep 18, 2008 6:41pm
Quoting TraderStar
And that's fine .. but there is money to be made shorting the rallies as well as any chart will show ... short from 192.50 made over 120 pips this afternoon. I have not seen 'proof' that the downtrend is over and I am not skilled enough to keep switching directions yet, so I just short in the direction of the monthly/weekly trend and so far it has been building my account .. I am sure not as quiickly as yours but as I said I'm not good enough to play that way yet.My post was just a warning to newbies who might get confused with all the long-short-short-long analysis they are seeing...

as long as you are making moeny

please do not forget I have seen Karmo with large draw downs (we aree talking 300 plus in a slower moving market which can take time to get back) according to his posts.... so he , nor anyone else in here , is a forex god
Blogging daily now at www.volume.zone
  • #115,703
  • Sep 18, 2008 6:43pm Sep 18, 2008 6:43pm
Today in the US, news of the US government potentially devising an RTC-style plan (Resolution Trust Corporation, which was set up during the early 90s to liquidate failing S&L corporations) to bail out financial markets was the clear catalyst in the huge upswing in stocks.


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  • #115,704
  • Sep 18, 2008 6:43pm Sep 18, 2008 6:43pm
Quoting malcolmb14
as long as you are making moeny

please do not forget I have seen Karmo with large draw downs (we aree talking 300 plus in a slower moving market which can take time to get back) according to his posts.... so he , nor anyone else in here , is a forex god
I know, I'm not looking for gods .. just his laid back style suits me more than the 'quick-fingered' crowd. And again, just warning the newbies... as rgitt said, this is not a place to look for trading 'signals'.
  • #115,705
  • Sep 18, 2008 6:47pm Sep 18, 2008 6:47pm
Its all because of mars LOL
"Millionaires don't use astrology, billionaires do"
  • #115,706
  • Sep 18, 2008 6:49pm Sep 18, 2008 6:49pm
I hope this isn't a stupid question, but G/J seems to have been following G/U more than U/J lately because it has been moving more. I we go dollar positive again and G/U sells off G/J might follow...no?
The Only Constant Is Change!
  • #115,707
  • Sep 18, 2008 6:55pm Sep 18, 2008 6:55pm
Quoting malcolmb14
short gbpaud ... this one makes gj look tame

not sure if anyone looked at this chart earlier when I shorted it...

that was at 2.2650 .. price just hit 2.2530. GBPAUD is awesome when you are right side of trade
Blogging daily now at www.volume.zone
  • #115,708
  • Sep 18, 2008 6:56pm Sep 18, 2008 6:56pm
Quoting rgitt05
Today in the US, news of the US government potentially devising an RTC-style plan (Resolution Trust Corporation, which was set up during the early 90s to liquidate failing S&L corporations) to bail out financial markets was the clear catalyst in the huge upswing in stocks.



And that will close the circle, and will conclude the game that's been playing around lately, watch out for the break.

I believe tonight we're going to hit the 193.50 resistance and by tomorrow the 195;
"Everybody needs money. That's why they call it money" - Danny De Vito
  • #115,709
  • Sep 18, 2008 7:00pm Sep 18, 2008 7:00pm
man.. am glad exited short earlier ..now I can short it at higher price if I want to ..or wait a bit more.. lol
Demand is currently being in progress due to Tokyo fixing time .. me think.
  • #115,710
  • Sep 18, 2008 7:03pm Sep 18, 2008 7:03pm
R1 on the daily in the range 193.70

R2 on the daily in the range 197.00 where the gap needs filling..

You be the judge on the charts..

It's my point of view


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  • #115,711
  • Sep 18, 2008 7:07pm Sep 18, 2008 7:07pm
I am long @192.08 now ..
Let's see, it's not a trade call..lol ..
  • #115,712
  • Sep 18, 2008 7:10pm Sep 18, 2008 7:10pm
It's only money...



Quoting mktjong
I am long @192.08 now ..
Let's see, it's not a trade call..lol ..
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  • #115,713
  • Sep 18, 2008 7:10pm Sep 18, 2008 7:10pm
Quoting mktjong
I am long @192.08 now ..
Let's see, it's not a trade call..lol ..
thats some crazy stuff !
  • #115,714
  • Sep 18, 2008 7:11pm Sep 18, 2008 7:11pm
FXCM is being really bad this week my spread in GJ is 18.8 WTFFFF !
  • #115,715
  • Sep 18, 2008 7:11pm Sep 18, 2008 7:11pm
yep i was sure that move sucked in some longs


we could be doing this or this
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"Millionaires don't use astrology, billionaires do"
  • #115,716
  • Sep 18, 2008 7:12pm Sep 18, 2008 7:12pm
Quoting rgitt05
It's only money...

It could be a careless mistake.. would cover when see fit
  • #115,717
  • Sep 18, 2008 7:13pm Sep 18, 2008 7:13pm
one of my friends he has only 100 dollar in his account after he widthdraw 30000 and he just shorted EJ @ 151.40 with 1 mini lot !

he said this will prove if i am really good

he is confidente in this trade
  • #115,718
  • Sep 18, 2008 7:14pm Sep 18, 2008 7:14pm
Resistance at 192 not broken yet .. failed to test. We take another patience pill & await her pleasure....
  • #115,719
  • Sep 18, 2008 7:14pm Sep 18, 2008 7:14pm
Quoting rgitt05
R1 on the daily in the range 193.70

R2 on the daily in the range 197.00 where the gap needs filling..

You be the judge on the charts..

It's my point of view


At the moment stoch M15, M30 and H1 already pointing down. We will see GJ down to 190 or lower before we see 197.
  • #115,720
  • Sep 18, 2008 7:14pm Sep 18, 2008 7:14pm
My bias is also long..It's a risky business..

The greater the risk the bigger the rewards or lose...





Quoting mktjong
It could be a careless mistake.. would cover when see fit
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