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

  • #117,341
  • Sep 25, 2008 11:19pm Sep 25, 2008 11:19pm
hi guys,
almost new to trading....., been trying out various setups from treads. wats this one like. does Auslanco run a trading room? ao do i get access if yes.
  • #117,342
  • Sep 25, 2008 11:42pm Sep 25, 2008 11:42pm
Quoting bmvmx
mine got burnt.

I am long again at 194.76

194.41 , then 193.52 those are downside targets

draw fib retracements 190 to 197 ... you will see for yourself .... you are fighting the trend
Blogging daily now at www.volume.zone
  • #117,343
  • Sep 25, 2008 11:58pm Sep 25, 2008 11:58pm
Quoting malcolmb14
194.41 , then 193.52 those are downside targets

draw fib retracements 190 to 197 ... you will see for yourself .... you are fighting the trend
I know they got burnt, short now, but, I am scared as hell, is bouncing the 194.4
The market can stay irrational, longer than you can stay solvent.
  • #117,344
  • Sep 26, 2008 12:03am Sep 26, 2008 12:03am
Quoting albashir
hi guys,
almost new to trading....., been trying out various setups from treads. wats this one like. does Auslanco run a trading room? ao do i get access if yes.
just jump right in..
  • #117,345
  • Sep 26, 2008 12:27am Sep 26, 2008 12:27am
If it breaks 194.17 it will have broken the range we've been in for the past week. If not I'm long at 194.20 with a target of 200..
  • #117,346
  • Sep 26, 2008 12:37am Sep 26, 2008 12:37am
Quoting malcolmb14
194.41 , then 193.52 those are downside targets

draw fib retracements 190 to 197 ... you will see for yourself .... you are fighting the trend

Malcolm, I am in a short on GBP/JPY as well. Entry was 194.31... With a target of 193.61.... Do you think this is a retracement or a correction to the Downside?
  • #117,347
  • Sep 26, 2008 12:54am Sep 26, 2008 12:54am
Quoting Tony1
Malcolm, I am in a short on GBP/JPY as well. Entry was 194.31... With a target of 193.61.... Do you think this is a retracement or a correction to the Downside?
Pleaseee TAANKKK
The market can stay irrational, longer than you can stay solvent.
  • #117,348
  • Sep 26, 2008 12:54am Sep 26, 2008 12:54am
Quoting Tony1
Malcolm, I am in a short on GBP/JPY as well. Entry was 194.31... With a target of 193.61.... Do you think this is a retracement or a correction to the Downside?
Lets see if the 4hr 50 Ema stops this run down, i am not getting in while the Bush and co could come out with the bail out and send the price the other way.

http://i136.photobucket.com/albums/q...rofits/4hr.jpg


GP
"You Can Make Money Or Excuses But You Can't Make Both!"
  • #117,349
  • Sep 26, 2008 12:57am Sep 26, 2008 12:57am
Quoting Globalprofits
Lets see if the 4hr 50 Ema stops this run down, i am not getting in while the Bush and co could come out with the bail out and send the price the other way.

http://i136.photobucket.com/albums/q...rofits/4hr.jpg


GP
I agree, way to much support here.
  • #117,350
  • Sep 26, 2008 1:08am Sep 26, 2008 1:08am
Looks like bullish divergence 5 min rsi..
  • #117,351
  • Sep 26, 2008 1:13am Sep 26, 2008 1:13am
what the F*** is happening to the GBP??? fundamentals look ridiculous near this price action.

Seriously, anyone knows WTF is happening there??
The market can stay irrational, longer than you can stay solvent.
  • #117,352
  • Sep 26, 2008 1:15am Sep 26, 2008 1:15am
Quoting bmvmx
what the F*** is happening to the GBP??? fundamentals look ridiculous near this price action.

Seriously, anyone knows WTF is happening there??
The same thing that has been happening all week, it is still ranging because people are to nervous about the Bail Out package.

GP
"You Can Make Money Or Excuses But You Can't Make Both!"
  • #117,353
  • Sep 26, 2008 1:15am Sep 26, 2008 1:15am
Quoting bmvmx
Pleaseee TAANKKK
i have being seeing this word used most times "price is tanking"what does it actually mean?thanks
  • #117,354
  • Sep 26, 2008 1:16am Sep 26, 2008 1:16am
My target is 190
easy money

wave b should be rapid.
  • #117,355
  • Sep 26, 2008 1:19am Sep 26, 2008 1:19am
Quoting terri_70
I agree, way to much support here.
Support already broken to 194.07
The Only Constant Is Change!
  • #117,356
  • Sep 26, 2008 1:24am Sep 26, 2008 1:24am
Quoting JazzmanQ2
Support already broken to 194.07
Support has not failed.. Long with target at 200..
  • #117,357
  • Sep 26, 2008 1:25am Sep 26, 2008 1:25am
Quoting stanchuks
i have being seeing this word used most times "price is tanking"what does it actually mean?thanks
means for it to drop like a ton of bricks.
  • #117,358
  • Sep 26, 2008 1:29am Sep 26, 2008 1:29am
Quoting stanchuks
i have being seeing this word used most times "price is tanking"what does it actually mean?thanks
It means price is going down fast .. going into the tank, which is a big container (in this case) underground for sewage.
  • #117,359
  • Sep 26, 2008 1:33am Sep 26, 2008 1:33am
Bush could roll out of bed and announce some new deal or executive order and were all screwed.
  • #117,360
  • Sep 26, 2008 1:33am Sep 26, 2008 1:33am
Hi everybody, I'm a newbie trader. Thank you all the great traders for all their efforts and such pretty live conversation in this thread. If there is any one who may inform the impact of the Bail Out package on currency.
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