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

  • #124,581
  • Oct 22, 2008 1:40am Oct 22, 2008 1:40am
Quoting lilmoe
the trend is definitely DOWN (short, mid, and long term), not up and not sideways. u probably meant that we MIGHT reverse from here, and this is a potential bottom. not impossible, but i wouldn't bet on that.
no he means the trend is up, he has posted here several times and everytime this beast tanks, he comes out and says the trend is still up, LOL.

I guess this is another 'Breeze' , can't accept that he is wrong and ends up blowing his account.
Trade what you see, not what you think.
  • #124,582
  • Oct 22, 2008 1:41am Oct 22, 2008 1:41am
gonna be shorting another round of shorts @ 165.40ish, if we get there.
  • #124,583
  • Oct 22, 2008 1:41am Oct 22, 2008 1:41am
Quoting karmostaji
stop smoking lol
u told me the same thing when i was long back at 184.50 targeting 197 (that was a 900 pip long)...

having the same pattern is NOT impossible. just think about it.

btw, i closed 1/2 of that other long from 162 for 85 pips, and rest at b/e
  • #124,584
  • Oct 22, 2008 1:41am Oct 22, 2008 1:41am
if price can't get above 5min 50ema and 15m Gann, GJ will dive.
Trade what you see, not what you think.
  • #124,585
  • Oct 22, 2008 1:42am Oct 22, 2008 1:42am
Quoting karmostaji
no he means the trend is up, he has posted here several times and everytime this beast tanks, he comes out and says the trend is still up, LOL.

I guess this is another 'Breeze' , can't accept that he is wrong and ends up blowing his account.
stop being harsh, the guy's having a hard time. loool
  • #124,586
  • Oct 22, 2008 1:42am Oct 22, 2008 1:42am
Quoting lilmoe
u told me the same thing when i was long back at 184.50 targeting 197 (that was a 900 pip long)...

having the same pattern is NOT impossible. just think about it.

btw, i closed 1/2 of that other long from 162 for 85 pips, and rest at b/e
I know but we are not even above 5m 50ema lol

Let me see some signs of bulls first
Trade what you see, not what you think.
  • #124,587
  • Oct 22, 2008 1:43am Oct 22, 2008 1:43am
I want more of this bearish continuation, loved it
Do not follow my trades. Trade what you see on your own charts.
  • #124,588
  • Oct 22, 2008 1:44am Oct 22, 2008 1:44am
Quoting lilmoe
stop being harsh, the guy's having a hard time. loool
I didn't mean to be harsh but a trader has got to accept that he is wrong, not sit there and say trend is up while we tank 1500 pips in 1 day. lol
Trade what you see, not what you think.
  • #124,589
  • Oct 22, 2008 1:44am Oct 22, 2008 1:44am
Quoting Tiger Hunter
hi juys
why price don't go up , is really the trend is up and all this movement to down is just retrace.

i 100% sure and confirmed from the trend guys trend are up for geppy.
Come on, tell us the truth..... you are working for a forex broker now... arn't you. i dont thing you are serious about your ridiculous statement if you don't have something to benefit from it.surley its not stupidity.....
  • #124,590
  • Oct 22, 2008 1:45am Oct 22, 2008 1:45am
Quoting igmak
I want more of this bearish continuation, loved it
I see one, it's in the process.
Trade what you see, not what you think.
  • #124,591
  • Oct 22, 2008 1:45am Oct 22, 2008 1:45am
Quoting lilmoe
u told me the same thing when i was long back at 184.50 targeting 197 (that was a 900 pip long)...

having the same pattern is NOT impossible. just think about it.

btw, i closed 1/2 of that other long from 162 for 85 pips, and rest at b/e
a long here will be valid only if it breaks 163.21 and trades above it
  • #124,592
  • Oct 22, 2008 1:46am Oct 22, 2008 1:46am
Quoting karmostaji
if price can't get above 5min 50ema and 15m Gann, GJ will dive.
correct, price couldn't maintain trading above m5's 50ema all day yesterday, BUT, i think i see a reversal pattern on m5, it should be good for at least a small reversal to daily s1. this pattern would be voided out if a 5m candle closes below 161.80
  • #124,593
  • Oct 22, 2008 1:50am Oct 22, 2008 1:50am
Stochs on 5m and 15m are OB already, GJ may dive again

Edit: short again 162.70
Do not follow my trades. Trade what you see on your own charts.
  • #124,594
  • Oct 22, 2008 1:52am Oct 22, 2008 1:52am
Quoting igmak
Stochs on 5m and 15m are OB already, GJ may dive again

Edit: short again 162.70
what stochastic settings are you using?
  • #124,595
  • Oct 22, 2008 1:52am Oct 22, 2008 1:52am
Quoting forexlion
a long here will be valid only if it breaks 163.21 and trades above it

correct, but when u're at b/e and already realized more than 150 pips 1/2 closed positions, what's there to lose??

i AM still short btw... my stop is above 166, and since my positions are 60% hedged, i won't lose that much if my shorts are all stopped. that's why i like partial profit

i always take partial profit and reload at rallies/dips. trust me u MAKE lots of cash doing that.

yesterday my realized profit was 23%, and today i'm already at 44% (of the initial balance of course), that's 67% in 2 days, and trust me, i don't risk more than 4%, 80% of the time i use 2% MM
  • #124,596
  • Oct 22, 2008 1:54am Oct 22, 2008 1:54am
Quoting ohimae
what stochastic settings are you using?
Stochs(5,3,3). Check my trading thread for any additional info...
Do not follow my trades. Trade what you see on your own charts.
  • #124,597
  • Oct 22, 2008 1:55am Oct 22, 2008 1:55am
Quoting lilmoe
correct, but when u're at b/e and already realized more than 150 pips 1/2 closed positions, what's there to lose??

i AM still short btw... my stop is above 166, and since my positions are 60% hedged, i won't lose that much if my shorts are all stopped. that's why i like partial profit

i always take partial profit and reload at rallies/dips. trust me u MAKE lots of cash doing that.

yesterday my realized profit was 23%, and today i'm already at 44% (of the initial balance of course), that's 67% in 2 days, and trust me, i don't risk more than 4%, 80% of the time i use 2% MM
oh, you're good
  • #124,598
  • Oct 22, 2008 1:55am Oct 22, 2008 1:55am
darn, gotta go guys. my wify is bugging out.
closed all out. leaving just 1 position sl @ be+50 pips.
see you guys in new york. good trading all.
  • #124,599
  • Oct 22, 2008 1:56am Oct 22, 2008 1:56am
Quoting lilmoe
correct, price couldn't maintain trading above m5's 50ema all day yesterday, BUT, i think i see a reversal pattern on m5, it should be good for at least a small reversal to daily s1. this pattern would be voided out if a 5m candle closes below 161.80
I may be wrong but I think Karmo uses pivots based on 0 GMT which are different to yours.
  • #124,600
  • Oct 22, 2008 1:59am Oct 22, 2008 1:59am
we already hit 163. next targets are 163.30, 164, and 165.50 me thinks.
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