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

  • #121,861
  • Oct 13, 2008 11:39am Oct 13, 2008 11:39am
I'm going to punch a hole in my screen if this stupid PA continues, stop annoying with the BS moves, I swear.. lol
Trade what you see, not what you think.
  • #121,862
  • Oct 13, 2008 11:41am Oct 13, 2008 11:41am
Quoting karmostaji
I'm going to punch a hole in my screen if this stupid PA continues, stop annoying with the BS moves, I swear.. lol
normally i would've went long before that bounce, but i swore to myself i won't go long until either i get my 1st TP at least or i see a real bull.
  • #121,863
  • Oct 13, 2008 11:45am Oct 13, 2008 11:45am
Quoting lilmoe
normally i would've went long before that bounce, but i swore to myself i won't go long until either i get my 1st TP at least or i see a real bull.
now the 15m seems to be consolidating/ranging n then a re-test of the highs or continuation of bull-run

GBP is weak and should fall but UJ wants to go up
Trade what you see, not what you think.
  • #121,864
  • Oct 13, 2008 11:45am Oct 13, 2008 11:45am
i am trying to keep 1:5(6) ratio between timeframes.
weekly, daily, h4, 40min, 8min...

Quoting karmostaji
8m chart? bro u use the weirdest TF intervals i've seen, 8m and 40m lol
Nihil Sine Deo.
  • #121,865
  • Oct 13, 2008 11:50am Oct 13, 2008 11:50am
Quoting Scrat
i am trying to keep 1:5(6) ratio between timeframes.
weekly, daily, h4, 40min, 8min...

that is intresting thinking
"Millionaires don't use astrology, billionaires do"
  • #121,866
  • Oct 13, 2008 11:50am Oct 13, 2008 11:50am
Quoting karmostaji
now the 15m seems to be consolidating/ranging n then a re-test of the highs or continuation of bull-run

GBP is weak and should fall but UJ wants to go up
cable should be dropping 3-400 pips now, i shorted 4h 50ema, there's also a big bearish HD on that pair (4h)...

i don't care what UJ wants, because UJ DOESNT know what it wants.
  • #121,867
  • Oct 13, 2008 11:55am Oct 13, 2008 11:55am
Quoting karmostaji
now the 15m seems to be consolidating/ranging n then a re-test of the highs or continuation of bull-run

GBP is weak and should fall but UJ wants to go up
The problem is the (fake) rally in US market, UJ likes to follow the SP500 so these pairs are being pulled in 2 directions.

That was a good re-test of the 50 area, maybe this time's the charm
  • #121,868
  • Oct 13, 2008 11:55am Oct 13, 2008 11:55am
Quoting lilmoe
cable should be dropping 3-400 pips now, i shorted 4h 50ema, there's also a big bearish HD on that pair (4h)...

i don't care what UJ wants, because UJ DOESNT know what it wants.
I hate UJ, it is one of the most annoying pairs, I agree that GU should fall and fall hard IMO.
Trade what you see, not what you think.
  • #121,869
  • Oct 13, 2008 11:56am Oct 13, 2008 11:56am
Quoting karmostaji
I'm going to punch a hole in my screen if this stupid PA continues, stop annoying with the BS moves, I swear.. lol
Run outta your own pills buddy?
How are things ? How's married life ?

kj
  • #121,870
  • Oct 13, 2008 12:01pm Oct 13, 2008 12:01pm
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  • #121,871
  • Oct 13, 2008 12:01pm Oct 13, 2008 12:01pm
Quoting kujo17
Run outta your own pills buddy?
How are things ? How's married life ?

kj
lool, I guess.

Things are well and married life is wonderful, lately I've been teaching my wife the basics of forex lol, How have you been bro?
Trade what you see, not what you think.
  • #121,872
  • Oct 13, 2008 12:04pm Oct 13, 2008 12:04pm
Quoting karmostaji
lool, I guess.

Things are well and married life is wonderful, lately I've been teaching my wife the basics of forex lol, How have you been bro?
I'm well.
Twins are good. Nathaniel (my 2 yr old) is getting sooo big.
Just scalpin' from the laptop while working my 70 hour weeks on Samantha Who?.
I'd love to teach my wife to trade as she's home with the kids, but she doesn't have the mind set.... way toooo Anti Karmo.... Impatient as hell ! ;-)

We get a good solid close below 175 and I think 172.xx is a given.
  • #121,873
  • Oct 13, 2008 12:06pm Oct 13, 2008 12:06pm
i agree that GJ should fall, aiming 155.. but, it would be nice if we go higher, test the monthly trendline..

178-180 is a nice place to sell limit IMO..
  • #121,874
  • Oct 13, 2008 12:08pm Oct 13, 2008 12:08pm
Quoting karmostaji
I hate UJ, it is one of the most annoying pairs, I agree that GU should fall and fall hard IMO.
now we're ready to go down again, but be ready for another bounce like that one off 173.70 loool (15m 50ema with a potential bullish HD)
  • #121,875
  • Oct 13, 2008 12:16pm Oct 13, 2008 12:16pm
potential certainly higher, but why risk hard earned pips;

got stopped at 175 retrace, waiting for retrace and another rally when Tokyo opens;
"Everybody needs money. That's why they call it money" - Danny De Vito
  • #121,876
  • Oct 13, 2008 12:16pm Oct 13, 2008 12:16pm
The market is stalling because they are waiting :

PAULSON CALLS 3 PM MEETING OF TOP BANKING HEADS

Patience my friend...Buy on dips...



Quoting karmostaji
I hate UJ, it is one of the most annoying pairs, I agree that GU should fall and fall hard IMO.
[
  • #121,877
  • Oct 13, 2008 12:19pm Oct 13, 2008 12:19pm
I got in on the first drop from 175.80 closed at 120 pip profit. bought on the way up got 70 pips and I am on my way down again from 175.20

great quick trades. nothing huge but good

thanks all for your teachings and guidance.
  • #121,878
  • Oct 13, 2008 12:24pm Oct 13, 2008 12:24pm
Quoting kujo17
way toooo Anti Karmo.... Impatient as hell)
FUBAR...
  • #121,879
  • Oct 13, 2008 12:27pm Oct 13, 2008 12:27pm
I see a small retrace on the 5m. do you think it will touch 175 and drop more?
  • #121,880
  • Oct 13, 2008 12:27pm Oct 13, 2008 12:27pm
Quoting mktjong
MY SL/TP is a virtual one. I get out as I see fit.
Quoting moneybookers
100pips in red now,uptrend so strong,
Hi ..sorry to hear that. If you had also noticed my earlier post, mentioned that I would start scaling short up to 175.85 area and I did .. placed another short at 175.71 area and the trades are in green after price averaging .. My timing could be off 100-200 pips sometimes ..
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