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

  • #124,501
  • Oct 22, 2008 12:16am Oct 22, 2008 12:16am
Quoting karmostaji
watch for a bear flag to form on the 5m or something, 5m QQE starting to indicate bearish continuation.
bear flag starting to form, it might continue for a bit and then watch for a breakout.
Trade what you see, not what you think.
  • #124,502
  • Oct 22, 2008 12:17am Oct 22, 2008 12:17am
another pennant broke out to the down side.
1 min chart
  • #124,503
  • Oct 22, 2008 12:18am Oct 22, 2008 12:18am
If it breaks 162 next stop is 161.25
  • #124,504
  • Oct 22, 2008 12:21am Oct 22, 2008 12:21am
Quoting ffbk
If it breaks 162 next stop is 161.25
Seems to be a tough one to break so soon...
  • #124,505
  • Oct 22, 2008 12:22am Oct 22, 2008 12:22am
Quoting ffbk
If it breaks 162 next stop is 161.25
You need to subscribe for some patience pills son
Trade what you see, not what you think.
  • #124,506
  • Oct 22, 2008 12:24am Oct 22, 2008 12:24am
GJ need to break 161.80 to go further
  • #124,507
  • Oct 22, 2008 12:24am Oct 22, 2008 12:24am
Quoting karmostaji
You need to subscribe for some patience pills son
I guess i will have to... Just its too late here and can't sleep with trailing stop on this. For sure it will have crazy movement to close up my position...
  • #124,508
  • Oct 22, 2008 12:24am Oct 22, 2008 12:24am
Quoting lilmoe
u have no idea how much i'm itching to go long now

we should see 165.50 in a bit , it's a good area to add more shorties
Not more than 163.21 at most, should return down to 155 area from there.
  • #124,509
  • Oct 22, 2008 12:24am Oct 22, 2008 12:24am
Quote
u have no idea how much i'm itching to go long now

i have the same itch... though I scratched it and went short.. haha though i chickened out only only went with 1/2 my normal trade size, as i'm not certain were not going to bounce up way up. If we start to tank, i'll add more shorties in along the way

Oh and a 4 hour nap, and I find a bonus 280 pips off the EU, shorted the retrace 1.2855
  • #124,510
  • Oct 22, 2008 12:27am Oct 22, 2008 12:27am
what a night....speachless
  • #124,511
  • Oct 22, 2008 12:27am Oct 22, 2008 12:27am
Quoting pkimnyc
not sure if i'm looking at this right.
but it looks like the triangle formation, which means continuation right?
5 min chart, cable.
broke out to the down side. guppy will follow
  • #124,512
  • Oct 22, 2008 12:28am Oct 22, 2008 12:28am
where's scrat by the way??? haven't seen him in a while!

i hope he's making all those sweet pips
  • #124,513
  • Oct 22, 2008 12:28am Oct 22, 2008 12:28am
Quoting Reborn1982
what a night....speachless
i ain't sleeping tonight.
  • #124,514
  • Oct 22, 2008 12:30am Oct 22, 2008 12:30am
Quoting pkimnyc
i ain't sleeping tonight.
i made the same mistake once

the next day i missed 800 pips because i slept during that trade.
  • #124,515
  • Oct 22, 2008 12:30am Oct 22, 2008 12:30am
Quoting lilmoe
u have no idea how much i'm itching to go long now

we should see 165.50 in a bit , it's a good area to add more shorties
I have got scared going long anymore this time. Got stopped out earlier thought it was bullish div, but reversed after it broke the 166 level ..
Unbelievable .. really what a night ..
  • #124,516
  • Oct 22, 2008 12:31am Oct 22, 2008 12:31am
Quoting lilmoe
wow, euro's at 1.30

fe 100 at 1.27

it would probably be a good long from there...
not bad
  • #124,517
  • Oct 22, 2008 12:32am Oct 22, 2008 12:32am
Bear flag, once it breaks.. down she will go. I'll add once it breaks to the downside
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 12 KB
Trade what you see, not what you think.
  • #124,518
  • Oct 22, 2008 12:33am Oct 22, 2008 12:33am
Quoting pkimnyc
i ain't sleeping tonight.
Let's all have cyberspace no sleep party till NY session ends ..
  • #124,519
  • Oct 22, 2008 12:34am Oct 22, 2008 12:34am
Quoting forexlion
i made the same mistake once

the next day i missed 800 pips because i slept during that trade.
lolol that sucks balls, I would be so mad if that happened to me.
Trade what you see, not what you think.
  • #124,520
  • Oct 22, 2008 12:35am Oct 22, 2008 12:35am
Quoting mktjong
Let's all have cyberspace no sleep party till NY session ends ..
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