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

  • #120,161
  • Oct 8, 2008 6:55am Oct 8, 2008 6:55am
NOt sure if everyone heard but UK and US both cut fund rate
  • #120,162
  • Oct 8, 2008 6:57am Oct 8, 2008 6:57am
Actually coordinated rate cut ECB, BOE and FED
  • #120,163
  • Oct 8, 2008 6:59am Oct 8, 2008 6:59am
Quoting karmostaji
yep enjoying it, I'm definitely going to be scalping while leaving my swing trades on
SCALPER ALERT !!!

New scalper on the block !!!
  • #120,164
  • Oct 8, 2008 6:59am Oct 8, 2008 6:59am
Quoting karmostaji
50ema, 200ema, and 100sma

I use them as support/resistance and as well for targets
15M TF or 5 M TF?
  • #120,165
  • Oct 8, 2008 7:01am Oct 8, 2008 7:01am
Quoting harora
what made you take that position Lilmoe !! if you dont mind sharing it http://www.forexfactory.com/images/icons/icon6.gif
sorry i was away.
i took it based on a hit of a trendline:

Attached Image (click to enlarge)
Click to Enlarge Name: gj_5m.gif Size: 20 KB
  • #120,166
  • Oct 8, 2008 7:02am Oct 8, 2008 7:02am
Quoting vinesh2
Actually coordinated rate cut ECB, BOE and FED
you are late my friend
Trade what you see, not what you think.
  • #120,167
  • Oct 8, 2008 7:03am Oct 8, 2008 7:03am
Quoting janela
15M TF or 5 M TF?
it works on any TF you like
Trade what you see, not what you think.
  • #120,168
  • Oct 8, 2008 7:03am Oct 8, 2008 7:03am
Quoting vinesh2
Actually coordinated rate cut ECB, BOE and FED
so far the ones i've heard

US
Euro Zone
UK
Canada
Hong Kong
Switzerland
Sweden
China
  • #120,169
  • Oct 8, 2008 7:05am Oct 8, 2008 7:05am
uhm...looks like euraud is now d beast
  • #120,170
  • Oct 8, 2008 7:05am Oct 8, 2008 7:05am
Quoting lilmoe
sorry i was away.
i took it based on a hit of a trendline:

Attachment
I see what you are seeing, if the 5m reverses downwards, I might scalp a short
Trade what you see, not what you think.
  • #120,171
  • Oct 8, 2008 7:10am Oct 8, 2008 7:10am
Yep I am late cause I just got into work and saw my EURO/USD close out with 250 PIP profit. Oh well sometimes late is good. So what say about UJ and GJ shall we light a fire to rocket this up to the moon Daily's are slowly turning flat but I would not take any positions right till the market digests the news. However I think USD is going to suffer against the majors but may gain strength against JPY
  • #120,172
  • Oct 8, 2008 7:12am Oct 8, 2008 7:12am
Quoting karmostaji
I see what you are seeing, if the 5m reverses downwards, I might scalp a short
Price testing dayly open right now. Taking a few of your patience pills
  • #120,173
  • Oct 8, 2008 7:23am Oct 8, 2008 7:23am
and yet another 100 pips banked, and rest at b/e+10 at 177.45

same reason i've been shorting these tops.

nice day, nice day
  • #120,174
  • Oct 8, 2008 7:27am Oct 8, 2008 7:27am
Quoting lilmoe
and yet another 100 pips banked, and rest at b/e+10 at 177.45

same reason i've been shorting these tops.

nice day, nice day
and close the other one for 200 pips (m5 50ema)

sweeto, el sweeto
  • #120,175
  • Oct 8, 2008 7:29am Oct 8, 2008 7:29am
Thats some volatility right there. Wanted to enter short right after 5m QQE crossed down and candle closed below 5m Gann, but the price felt 90 pips in a few seconds
  • #120,176
  • Oct 8, 2008 7:41am Oct 8, 2008 7:41am
just up from my nap I see I only missed a 1000 pip swing no biggie. lol
Price does what price wants , I just need to be prepared.
  • #120,177
  • Oct 8, 2008 7:45am Oct 8, 2008 7:45am
Quoting Pirin
I'm thinking more like ~158 right now.
  • #120,178
  • Oct 8, 2008 7:45am Oct 8, 2008 7:45am
do we finally break this barrier and head to 171.50

karmo, whats your opinion
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 11 KB
  • #120,179
  • Oct 8, 2008 7:48am Oct 8, 2008 7:48am
okay

so this will be one big swing here

interesting
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 13 KB
  • #120,180
  • Oct 8, 2008 7:49am Oct 8, 2008 7:49am
long at 174 and i'm HOLDING on to this trade
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