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

  • #121,081
  • Oct 9, 2008 11:40pm Oct 9, 2008 11:40pm
i closed my short position at 165.90 that i established 4 hours ago

nice 420 pips for now .

now i'm on sideline waiting for euro session.
I always knew that someday I would make it big
  • #121,082
  • Oct 9, 2008 11:41pm Oct 9, 2008 11:41pm
Quoting Eulogy
I'm hoping to cover my short 170.05 about 2 hrs before US open, hopefully somewhere in the 165 area or below. Federal or Goverment stooges are definitely gonna intervene tonight.

Imagine the headlines tonight:
Cox announces indefinite ban on all short selling, covered or naked.
Bernanke announces emergency loan of 500 billion to all who want it
Bush pushes for 2nd stimulus package worth 300 billion
Paulson announces spending for the 700 billion approved, plans to lobby for the 2nd and 3rd 700 billion bailout package simultaneously

US Treasury issues 1.5 trillion worth in new bonds
Imagine if all what their has plan …failed .
  • #121,083
  • Oct 9, 2008 11:45pm Oct 9, 2008 11:45pm
hey lilmoe, karmo, what's your take on this? Long/Short? I'm no scalper so this whipsaw action is really making me dizzy.
  • #121,084
  • Oct 9, 2008 11:49pm Oct 9, 2008 11:49pm
karmo and lilmoe must be backing their trucks up to the fx broker to haul back the cash they made in the last few days. am sorry but then it wont fit in the truck. they need a long trailer. call us if you need any help guys.

we will work for 'green'. $100 notes are fine

Serendipity

p.s. Karmo's sack labeled 'SCALP BAG' seems bigger than his normal 'long term sack'

Quoting Eulogy
hey lilmoe, karmo, what's your take on this? Long/Short? I'm no scalper so this whipsaw action is really making me dizzy.
  • #121,085
  • Oct 9, 2008 11:49pm Oct 9, 2008 11:49pm
Quoting forexer
i closed my short position at 165.90 that i established 4 hours ago

nice 420 pips for now .

now i'm on sideline waiting for euro session.
nice

what broker are u using i use Oanda and lowest price was 16601
  • #121,086
  • Oct 9, 2008 11:57pm Oct 9, 2008 11:57pm
i think i have more signals that we have pressured sell-off that can pull the beast down to 165.60/164.60 /162.00 and 160.00 levels.

the beast is collapsing dramatically

this is my humble analysis not a call.
I always knew that someday I would make it big
  • #121,087
  • Oct 10, 2008 12:00am Oct 10, 2008 12:00am
It's been an hour and 10minutes and i've pulled 1400+ pips off G/A

  • #121,088
  • Oct 10, 2008 12:08am Oct 10, 2008 12:08am
Quoting susufx
It's been an hour and 10minutes and i've pulled 1400+ pips off G/A

Care to share with us your method. Thanks
  • #121,089
  • Oct 10, 2008 12:10am Oct 10, 2008 12:10am
Quoting susufx
It's been an hour and 10minutes and i've pulled 1400+ pips off G/A


What indicators/method do you use for that pair?
"Timing Is Everything. Really I Swear It Is"
  • #121,090
  • Oct 10, 2008 12:14am Oct 10, 2008 12:14am
Quoting forexer
i think i have more signals that we have pressured sell-off that can pull the beast down to 165.60/164.60 /162.00 and 160.00 levels.

the beast is collapsing dramatically

this is my humble analysis not a call.
if the beast manages to close above 167.90 the bears should say their prayers fast.
  • #121,091
  • Oct 10, 2008 12:15am Oct 10, 2008 12:15am
Quoting TexasforEX
What indicators/method do you use for that pair?

It's the most dangeous pair imo. But very easy to trade. I scalp it on a 1m and 5m chart. Entry/exit levels off 30min fibs. A few other indicators as well. My results are on a website. I'm not sure if I can post an external link so pm me if you would like to see the results.
  • #121,092
  • Oct 10, 2008 12:15am Oct 10, 2008 12:15am
Quoting susufx
It's been an hour and 10minutes and i've pulled 1400+ pips off G/A

I guess thats the reason my broker doesnt have that pair..

read somewhere it moved 3000 pips in 30 mins monday
Mediocrity is costly, contentment is great gain.
  • #121,093
  • Oct 10, 2008 12:20am Oct 10, 2008 12:20am
Forexlion

is there a retracement coming? pull down to 166.05 and then up? tripple bottom?
whats the upward target please?
thanks!

serendipity
Quoting forexlion
if the beast manages to close above 167.90 the bears should say their prayers fast.
  • #121,094
  • Oct 10, 2008 12:20am Oct 10, 2008 12:20am
Right now if it breaks 2.5676 then it will go up to 2.58 if it doesnt we see 2.5590

Btw, I really dont suggest trading this pair unless your account is large. Today will be my last day scalping it. It moves 10times faster then geppy.
  • #121,095
  • Oct 10, 2008 12:31am Oct 10, 2008 12:31am
Quoting susufx
It's the most dangeous pair imo. But very easy to trade. I scalp it on a 1m and 5m chart. Entry/exit levels off 30min fibs. A few other indicators as well. My results are on a website. I'm not sure if I can post an external link so pm me if you would like to see the results.
The most dangerous and the most volatile is EURAUD - Daily it can move around 2000 pips ~ 1000 pips.
  • #121,096
  • Oct 10, 2008 12:34am Oct 10, 2008 12:34am
if gj manages to break 167.90 i will long till the kiss of death level 171.65 else i will short again at 167.90
  • #121,097
  • Oct 10, 2008 12:40am Oct 10, 2008 12:40am
Quoting PandoraBox
The most dangerous and the most volatile is EURAUD - Daily it can move around 2000 pips ~ 1000 pips.

Thanks! Didnt know that
  • #121,098
  • Oct 10, 2008 12:43am Oct 10, 2008 12:43am
Which one? You seem to say long and short at 167.90 below.

Quoting forexlion
if gj manages to break 167.90 i will long till the kiss of death level 171.65 else i will short again at 167.90
Regards, Android.
  • #121,099
  • Oct 10, 2008 12:46am Oct 10, 2008 12:46am
Quoting susufx
Thanks! Didnt know that

Share the information
  • #121,100
  • Oct 10, 2008 12:51am Oct 10, 2008 12:51am
Quoting PandoraBox
Share the information
lol what information ?
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