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

  • #126,301
  • Oct 24, 2008 1:07pm Oct 24, 2008 1:07pm
dow tested broken TL and turning south. god help us all.
  • #126,302
  • Oct 24, 2008 1:07pm Oct 24, 2008 1:07pm
i think this beast needs tobe sold now

i've just sold the beast at 148,68 targeting the 143.00 gonna hold it over weekend.

waning: don't follow me i'm aggressive speculator
I always knew that someday I would make it big
  • #126,303
  • Oct 24, 2008 1:10pm Oct 24, 2008 1:10pm
everythingis dropping except gj....why
  • #126,304
  • Oct 24, 2008 1:12pm Oct 24, 2008 1:12pm
Isn't it currently in it's 4th wave in a up trend? So there will be a 5th one?
  • #126,305
  • Oct 24, 2008 1:17pm Oct 24, 2008 1:17pm
Quoting forter
Isn't it currently in it's 4th wave in a up trend? So there will be a 5th one?
which tf?
  • #126,306
  • Oct 24, 2008 1:20pm Oct 24, 2008 1:20pm
Quoting pkimnyc
which tf?
tf=timeframe?

5mins.
  • #126,307
  • Oct 24, 2008 1:25pm Oct 24, 2008 1:25pm
Quoting forter
tf=timeframe?

5mins.
i see. yeah it's possible. i was actually thinking about retracement up to 61.8 (from 160 to the last low), but only did 50 %.
if i get stopped out then will retry @ 68.1.
let's see how it plays out.
  • #126,308
  • Oct 24, 2008 1:25pm Oct 24, 2008 1:25pm
Quoting forexer
i think this beast needs tobe sold now

i've just sold the beast at 148,68 targeting the 143.00 gonna hold it over weekend.

waning: don't follow me i'm aggressive speculator

notice :my stoploss level at 150.30
I always knew that someday I would make it big
  • #126,309
  • Oct 24, 2008 1:25pm Oct 24, 2008 1:25pm
This UJ is the most annoying pair I've ever seen. I never trade this sh!t
Discipline + Patience - Fear - Greed = Success
  • #126,310
  • Oct 24, 2008 1:26pm Oct 24, 2008 1:26pm
anyone use oanda? the spreads seem extremely high today.. 15 on g/j, 7 on e/j

i only use demo and was checking out currenex too.. must be a crazy day or something?

anyone use currenex?
  • #126,311
  • Oct 24, 2008 1:29pm Oct 24, 2008 1:29pm
Quoting forter
tf=timeframe?

5mins.
tf = time frame, correct.

inside the 3rd wave extension, wave 1 overlaps with wave 4, so i don't think this is motive wave. seems like a correction. IMHO
  • #126,312
  • Oct 24, 2008 1:31pm Oct 24, 2008 1:31pm
Quoting mjolimer
anyone use oanda? the spreads seem extremely high today.. 15 on g/j, 7 on e/j

i only use demo and was checking out currenex too.. must be a crazy day or something?

anyone use currenex?
yeah i noticed that too.
  • #126,313
  • Oct 24, 2008 1:34pm Oct 24, 2008 1:34pm
Quoting arezab
This UJ is the most annoying pair I've ever seen. I never trade this sh!t
heh, i find it much easier and relaxing to trade than guppy.
  • #126,314
  • Oct 24, 2008 1:36pm Oct 24, 2008 1:36pm
Quoting arezab
This UJ is the most annoying pair I've ever seen. I never trade this sh!t
annoying...

Perfect word to describe the "anti-currency" I gave it up as well couple months ago.
FUBAR...
  • #126,315
  • Oct 24, 2008 1:50pm Oct 24, 2008 1:50pm
It seems like geppy is not crossing 150, kinda like a resistance? It has retract to where there was the massive drop.
  • #126,316
  • Oct 24, 2008 2:01pm Oct 24, 2008 2:01pm
Quoting forter
It seems like geppy is not crossing 150, kinda like a resistance? It has retract to where there was the massive drop.
Not a resistance anymore.

Yen is following dow now
  • #126,317
  • Oct 24, 2008 2:02pm Oct 24, 2008 2:02pm
breakout!?

Edit: oops...
  • #126,318
  • Oct 24, 2008 2:04pm Oct 24, 2008 2:04pm
Quoting forexer
i think this beast needs tobe sold now

i've just sold the beast at 148,68 targeting the 143.00 gonna hold it over weekend.

waning: don't follow me i'm aggressive speculator

the trade in danger ,the beast is threatening to hit my stoploss level
I always knew that someday I would make it big
  • #126,319
  • Oct 24, 2008 2:12pm Oct 24, 2008 2:12pm
Quoting forexer
the trade in danger ,the beast is threatening to hit my stoploss level

bad luck at the end of the week

short position was closed due to stoploss
I always knew that someday I would make it big
  • #126,320
  • Oct 24, 2008 2:12pm Oct 24, 2008 2:12pm
Quoting forexer
the trade in danger ,the beast is threatening to hit my stoploss level
It hit mine for sure, I hate to trade on Fridays, best day to trade for, Wednesdays and Thursdays, but the price action now is very tempting.

I'm a bad trader
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