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

  • #118,161
  • Sep 30, 2008 2:25am Sep 30, 2008 2:25am
Quoting karmostaji
we have a classic bearish flag, once it breaks then just look down below out

going long is dangerous unless scalping.
After you said this we are up about 100 pips. Sometimes better not to say anything.
4X is the biggest casino in the world...Open 24h Monday to Friday.
  • #118,162
  • Sep 30, 2008 2:26am Sep 30, 2008 2:26am
Quoting boxingislife
seriously
the yen pairs need to calm the fuck down
I hope these Yen pairs carry on just like yesterday, give me a 820 range on GJ every day please.
  • #118,163
  • Sep 30, 2008 2:26am Sep 30, 2008 2:26am
Quoting pipsy_2
After you said this we are up about 100 pips. Sometimes better not to say anything.
maybe you should just close your browser
Trade what you see, not what you think.
  • #118,164
  • Sep 30, 2008 2:26am Sep 30, 2008 2:26am
Quoting cancunkev
False breakout on the bearish flag?
I was stopped out, short again. hopes this is the upper TL

Damn stopped again!! FKN price action!!
The market can stay irrational, longer than you can stay solvent.
  • #118,165
  • Sep 30, 2008 2:27am Sep 30, 2008 2:27am
Quoting pipsy_2
After you said this we are up about 100 pips. Sometimes better not to say anything.
you can't always win every time...
  • #118,166
  • Sep 30, 2008 2:29am Sep 30, 2008 2:29am
well people
it looks like its about to false break people in half like me who are short
ill give it a few more dozen pips to breathe
  • #118,167
  • Sep 30, 2008 2:32am Sep 30, 2008 2:32am
I am still short biased...though we still have some room to move northward...

Hanging on....
  • #118,168
  • Sep 30, 2008 2:32am Sep 30, 2008 2:32am
Quoting karmostaji
maybe you should just close your browser
  • #118,169
  • Sep 30, 2008 2:34am Sep 30, 2008 2:34am
Quoting bmvmx
I was stopped out, short again. hopes this is the upper TL

Damn stopped again!! FKN price action!!
This shit is dangerous, 3 consecutive trades lost, damn!
The market can stay irrational, longer than you can stay solvent.
  • #118,170
  • Sep 30, 2008 2:35am Sep 30, 2008 2:35am
Quoting lilmoe
whoever screws up, they want to blame it on someone else bcz that post influenced them lol

then it's best for them to just close the damn browser lol

btw, Eid mubarak bro.. kil 3am winta b5eir
Trade what you see, not what you think.
  • #118,171
  • Sep 30, 2008 2:35am Sep 30, 2008 2:35am
It still looks like a bearish flag to me so i'll hold on to my short position.
  • #118,172
  • Sep 30, 2008 2:36am Sep 30, 2008 2:36am
Looks like we are trying to break back into the bear flag
  • #118,173
  • Sep 30, 2008 2:38am Sep 30, 2008 2:38am
Quoting lilmoe
hi lilmoe do you exclusively scalp g/j or do you look at e/j or e/u?

im thinking about just not trading e/u and looking at just e/j and g/j what do you thinK?
  • #118,174
  • Sep 30, 2008 2:38am Sep 30, 2008 2:38am
Quoting cancunkev
Looks like we are trying to break back into the bear flag
Everyone elses agrees that this STILL looks like a bear flag?

Short Again at the end of the TL
The market can stay irrational, longer than you can stay solvent.
  • #118,175
  • Sep 30, 2008 2:43am Sep 30, 2008 2:43am
Quoting karmostaji
whoever screws up, they want to blame it on someone else bcz that post influenced them lol

then it's best for them to just close the damn browser lol

btw, Eid mubarak bro.. kil 3am winta b5eir
kol saneh wenta salem doctor
  • #118,176
  • Sep 30, 2008 2:45am Sep 30, 2008 2:45am
Quoting rogerdoger
hi lilmoe do you exclusively scalp g/j or do you look at e/j or e/u?

im thinking about just not trading e/u and looking at just e/j and g/j what do you thinK?
i'm an exclusive swing trader, . scalping is something i do to win back my loss and/or when i see a market as such.

yes, only GJ.
  • #118,177
  • Sep 30, 2008 2:50am Sep 30, 2008 2:50am
Quoting bmvmx
Everyone elses agrees that this STILL looks like a bear flag?

Short Again at the end of the TL
Let me show a different view than this bearish flag, look at how the 1h QQE crossed upwards much earlier and the last hour candle was the 1st candle to close above the 1h gann, price is trading below 1h 50ema, many signs are showing that this upward movement is just a small retracement and the downtrend should continue.

Remember the daily QQE has crossed downwards and we have a daily candle close below it's gann hilo.

Daily chart takes a bit longer to play out than 15m or 1h charts, patience
Trade what you see, not what you think.
  • #118,178
  • Sep 30, 2008 2:54am Sep 30, 2008 2:54am
Quoting karmostaji
Let me show a different view than this bearish flag, look at how the 1h QQE crossed upwards much earlier and the last hour candle was the 1st candle to close above the 1h gann, price is trading below 1h 50ema, many signs are showing that this upward movement is just a small retracement and the downtrend should continue.

Remember the daily QQE has crossed downwards and we have a daily candle close below it's gann hilo.

Daily chart takes a bit longer to play out than 15m or 1h charts, patience

and/or 1m chart shows a rising broadening wedge, which just got broken

target: lower TL of bearish flag. i might go long from there again.
  • #118,179
  • Sep 30, 2008 2:57am Sep 30, 2008 2:57am
Quoting Trader Neal
http://www.marketoracle.co.uk/images...8_image002.gif

What the graph tells us is that the Federal Reserve has increased base money by about 20% from a year ago. This has been accomplished by the massive, more than $200 billion, financing of dubious assets held by U.S. banking system. Plan to bailout Wall Street will only exacerbate this development. While it does not translate directly into money supply growth, it gives a good picture of likely future trend.

http://www.marketoracle.co.uk/images...8_image002.jpg

This what a quart of milk will cost next week!
Attached Image
  • #118,180
  • Sep 30, 2008 3:01am Sep 30, 2008 3:01am
Quoting Mysticdiver
This what a quart of milk will cost next week!
lol..
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