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

  • #121,781
  • Oct 13, 2008 7:36am Oct 13, 2008 7:36am
Quoting karmostaji
mar7aba m3allem lol
so another 100pis to go
  • #121,782
  • Oct 13, 2008 7:36am Oct 13, 2008 7:36am
Quoting lilmoe
hey there, just chillin makin' them pips
nice
I recommend you read something else as this sentence is now concluded.
  • #121,783
  • Oct 13, 2008 7:39am Oct 13, 2008 7:39am
Quoting karmostaji
seriously, very boring price action, i feel like watching an old man trying to climb the stairs and I guess he will fall off pretty quick at the end (we haven't reach the latter part yet) lol
hopefully breaking every bone
  • #121,784
  • Oct 13, 2008 7:40am Oct 13, 2008 7:40am
Quoting PandoraBox
Morning bro

Reversal depend on current H4 candle
Maybe, I like to scale some shorts now till 175.80 area if it gets there and ride it down to 170 area ..
  • #121,785
  • Oct 13, 2008 7:40am Oct 13, 2008 7:40am
Quoting karmostaji
seriously, very boring price action, i feel like watching an old man trying to climb the stairs and I guess he will fall off pretty quick at the end (we haven't reach the latter part yet) lol
try GBPAUD
I recommend you read something else as this sentence is now concluded.
  • #121,786
  • Oct 13, 2008 7:41am Oct 13, 2008 7:41am
Morning guys just up from some nice rest. I was stopped out of shorts one in profit nicely the other for small loss. All and all a nice asia session. NICE MARKET ANALASIS LILMOE. hAS PLAYED OUT JUST AS YOU SAID.
Price does what price wants , I just need to be prepared.
  • #121,787
  • Oct 13, 2008 7:42am Oct 13, 2008 7:42am
Quoting lilmoe
i got so used to volatility this slow action is making me sick, lol...

i'll pick my first top at 174.50 (38.2 fibo from 188 to 165)
lilmoe, I hope you got your long pips from last night .. tons of pips you've made so far since then :-)
  • #121,788
  • Oct 13, 2008 7:42am Oct 13, 2008 7:42am
this thing just missed my sell limit order by 6 pips, if it starts falling from here, im seriously punching a hole in my screen...
  • #121,789
  • Oct 13, 2008 7:42am Oct 13, 2008 7:42am
Quoting Obaidah
try GBPAUD
I can't find it on IBFX
Trade what you see, not what you think.
  • #121,790
  • Oct 13, 2008 7:43am Oct 13, 2008 7:43am
Quoting lilmoe
this thing just missed my sell limit order by 6 pips, if it starts falling from here, im seriously punching a hole in my screen...
It looks like the old man is falling but holding on with 1 hand
Trade what you see, not what you think.
  • #121,791
  • Oct 13, 2008 7:43am Oct 13, 2008 7:43am
Missed a short trigger on 1m. Price channeling up inside ascending channel on 1m chart.
  • #121,792
  • Oct 13, 2008 7:43am Oct 13, 2008 7:43am
Quoting mktjong
lilmoe, I hope you got your long pips from last night .. tons of pips you've made so far since then :-)
  • #121,793
  • Oct 13, 2008 7:44am Oct 13, 2008 7:44am
Quoting karmostaji
It looks like the old man is falling but holding on with 1 hand
That's funny stuff Karm...LOL
Price does what price wants , I just need to be prepared.
  • #121,794
  • Oct 13, 2008 7:47am Oct 13, 2008 7:47am
173.41 is next, if 173.96 res

and back up again

i think
  • #121,795
  • Oct 13, 2008 7:47am Oct 13, 2008 7:47am
Quoting karmostaji
I can't find it on IBFX
awww thats too bad, i've been scapling that pair, 2 mins are enough to get you 100-150 pip .. 1 hour is enough to blow your whole account!
I recommend you read something else as this sentence is now concluded.
  • #121,796
  • Oct 13, 2008 7:49am Oct 13, 2008 7:49am
Try afb.com/kw for the charts. Then use your normal account
  • #121,797
  • Oct 13, 2008 7:51am Oct 13, 2008 7:51am
we now see a small pullback to form the upper wick of the current
candle, then at the start of the new 4 hour candle a small retracement again, and rest of the new four hour candle belongs to the bulls. We have not seen the high today.

Geppy has a mission till thursday, its the gap at 185-186

We have seen this before, beginning september, bouncing from
monthly fibo-level
  • #121,798
  • Oct 13, 2008 7:56am Oct 13, 2008 7:56am
Quoting peaches
we now see a small pullback to form the upper wick of the current
candle, then at the start of the new 4 hour candle a small retracement again, and rest of the new four hour candle belongs to the bulls. We have not seen the high today.

Geppy has a mission till thursday, its the gap at 185-186

We have seen this before, beginning september, bouncing from
monthly fibo-level
what about the gap at 198?

closing gaps has stopped being a requirement for price recently, and i would base my decision on that.

we have a strong bearish HD on the 4h chart that HASN'T played out yet, and it should either at 38.2 fibo of the fall from 188, or at 50%. i'll try shorting both these levels. i believe the max it should go up before a very significant retracement/continuation of major trade is at 4h's 50ema.
  • #121,799
  • Oct 13, 2008 8:10am Oct 13, 2008 8:10am
Ok, maybe now is the time to ride it down to 170 area .. lol..
  • #121,800
  • Oct 13, 2008 8:11am Oct 13, 2008 8:11am
by the way, my sell limit order went through, and i'm closed 2/3 of my longs at 174.50 because i think it's a pretty good S/R level, other than the fact that it's 38.2 fibo.

if this goes up more, then 4h 50ema is in confluence with 50% fibo...
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