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

  • #124,881
  • Oct 22, 2008 11:37am Oct 22, 2008 11:37am
I have long @ 159.50 now i have 80 pip my TP 162 any comment ???
  • #124,882
  • Oct 22, 2008 11:37am Oct 22, 2008 11:37am
Quoting lilmoe
i'm not closing my shorts, but if this goes to 148 from here, i would seriously be angry.......... don't ask why.

this should retrace/reverse from here. i still believe so. we won't reach that level before a retracement. and i'll be damned if i'm wrong this time.

this was a false breakout, we're back in the flag. GU will soon follow. this is starting to look like a broadening wedge.

there needs to be an end for this.
Funny you should say this. The techs say down but my gut is telling me a correction/reversal.

Hmm...what to do....???

B
  • #124,883
  • Oct 22, 2008 11:38am Oct 22, 2008 11:38am
Quoting lilmoe
i'm not closing my shorts, but if this goes to 148 from here, i would seriously be angry.......... don't ask why.

this should retrace/reverse from here. i still believe so. we won't reach that level before a retracement. and i'll be damned if i'm wrong this time.

this was a false breakout, we're back in the flag. GU will soon follow. this is starting to look like a broadening wedge.

there needs to be an end for this.
Ok bro, start drinking cold water so it will calm you down lol
Trade what you see, not what you think.
  • #124,884
  • Oct 22, 2008 11:38am Oct 22, 2008 11:38am
Quoting bigcoupe
Funny you should say this. The techs say down but my gut is telling me a correction/reversal.

Hmm...what to do....???

B
Trade your chart and believe in it, the charts says down, the daily says down big time.

I'm sticking to my charts!
Trade what you see, not what you think.
  • #124,885
  • Oct 22, 2008 11:39am Oct 22, 2008 11:39am
Quoting khaled22
I have long @ 159.50 now i have 80 pip my TP 162 any comment ???
You are adventurous...
Lost...
  • #124,886
  • Oct 22, 2008 11:40am Oct 22, 2008 11:40am
Cao everybody

Do you leave TP open or there is any idea of TP spot?

Hope everybody enjoy green pips

Regards
Work smart not hard
  • #124,887
  • Oct 22, 2008 11:40am Oct 22, 2008 11:40am
Quoting karmostaji
Trade your chart and believe in it, the charts says down, the daily says down big time.

I'm sticking to my charts!

Well.....I am supposed to keep my emotions out. We'll see how she plays out.

Thx,

B
  • #124,888
  • Oct 22, 2008 11:41am Oct 22, 2008 11:41am
Cable flag and expansions.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 28 KB
  • #124,889
  • Oct 22, 2008 11:44am Oct 22, 2008 11:44am
looks like fibo-breakout works on 1 min too
Attached Image (click to enlarge)
Click to Enlarge Name: geppy.gif Size: 14 KB
  • #124,890
  • Oct 22, 2008 11:44am Oct 22, 2008 11:44am
Quoting khaled22
I have long @ 159.50 now i have 80 pip my TP 162 any comment ???

sometimes a dream come true
  • #124,891
  • Oct 22, 2008 11:45am Oct 22, 2008 11:45am
Quoting karmostaji
added at .40 which was the support broken and now should be resistance
sl set at be, and I'm not greedy, I'm just doing business and today turned out to be an outstanding day

If the setup presents itself, I will take it
Trade what you see, not what you think.
  • #124,892
  • Oct 22, 2008 11:45am Oct 22, 2008 11:45am
one thing i respect most in life is consistency, KARMO i have followed your trades for more than a year now. Just keep this up sky cant be your limit, probably soon KARMO will be a name like soros.
wish you more greenbacks to your account!
  • #124,893
  • Oct 22, 2008 11:47am Oct 22, 2008 11:47am
Quoting GodfreyH
Nah... this is way too exciting.

what you surviving on ?

what a day ..... traded mostly gj in fx and a little gbpchf and eurcad ..... both sides of the market .....YM was insane and oil was sweet ( still shorting those rallie Lilmoe till we hit 50)
Blogging daily now at www.volume.zone
  • #124,894
  • Oct 22, 2008 11:48am Oct 22, 2008 11:48am
Quoting malcolmb14
what you surviving on ?

what a day ..... traded mostly gj in fx and a little gbpchf and eurcad ..... both sides of the market .....YM was insane and oil was sweet ( still shorting those rallie Lilmoe till we hit 50)
where is my bag of medals Mister lol

Sup malcolmb?
Trade what you see, not what you think.
  • #124,895
  • Oct 22, 2008 11:48am Oct 22, 2008 11:48am
Final stop loss, 160.54... dun hit it pls...
Going to sleep now... left 5 hr to sleep...
Lost...
  • #124,896
  • Oct 22, 2008 11:52am Oct 22, 2008 11:52am
Quoting khaled22
I have long @ 159.50 now i have 80 pip my TP 162 any comment ???

you get a 100 pip on a retracement be happy and take it ... or take half off at 50 pip and set sl to break even other half . Eventually this thing will retrace but nt while the gu is getting the snot beat out of it.


I am enjoying trading both sides of the market in day trades , but short seem to be winning right now....
Blogging daily now at www.volume.zone
  • #124,897
  • Oct 22, 2008 11:54am Oct 22, 2008 11:54am
Moe the problem is there is soooo many billions even trillions perhaps of delevering, is like the endless supply of supply. But supply has gotta be SO close to exhausted. Just about at the beginning point who is left in this pair.

only ones left are from 1.47 to 1.3000
"Millionaires don't use astrology, billionaires do"
  • #124,898
  • Oct 22, 2008 11:57am Oct 22, 2008 11:57am
long for 500 pips retrace 3H ema 14

good luck
  • #124,899
  • Oct 22, 2008 11:58am Oct 22, 2008 11:58am
Quoting malcolmb14
what you surviving on ?

what a day ..... traded mostly gj in fx and a little gbpchf and eurcad ..... both sides of the market .....YM was insane and oil was sweet ( still shorting those rallie Lilmoe till we hit 50)

i still believe oil will see a correction, we're at the tip of a falling wedge.
  • #124,900
  • Oct 22, 2008 11:58am Oct 22, 2008 11:58am
i also have taken a long @ 1.5943 sl be trailing 120 tp 361.xx just to mess with my broker LOL
"Millionaires don't use astrology, billionaires do"
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