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

  • #127,241
  • Oct 28, 2008 1:14am Oct 28, 2008 1:14am
hi traders

i launched yesterday my last calls for geppy predict the continuation of the up trend .

and here we are as you see price try to retrace right after my call but , rise again to hit the first target.

& the reason for such retace
is the(news)


as i said before all the buyers and sellers in those threads ,
so if you found most posts focused on the up movement will happen (up trend), so the price will go down coz most of the traders will take long positions & visa verse.

so trade well partners...
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  • #127,242
  • Oct 28, 2008 1:14am Oct 28, 2008 1:14am
to all the beginners out there...(me included) ......I have now "made my pips" for the day.....and its time to sit back for a bit and see how it shakes out.

RIGHT NOW

Is then i tend to give back HALF if not more or even all of what i just put in the bank

good luck everyone
--post hoc ergo propter hoc--
  • #127,243
  • Oct 28, 2008 1:14am Oct 28, 2008 1:14am
Quoting Monk
to all the beginners out there...(me included) ......I have now \"made my pips\" for the day.....and its time to sit back for a bit and see how it shakes out.

RIGHT NOW

Is then i tend to give back HALF if not more or even all of what i just put in the bank

good luck everyone
how many pips did you make today?
  • #127,244
  • Oct 28, 2008 1:20am Oct 28, 2008 1:20am
Well I made 550 pips up to 151. closed out and waiting for strong signal for direction up again to 155 or back down to 148
  • #127,245
  • Oct 28, 2008 1:21am Oct 28, 2008 1:21am
back down to 148? lol


Quoting plrbear
Well I made 550 pips up to 151. closed out and waiting for strong signal for direction up again to 155 or back down to 148
  • #127,246
  • Oct 28, 2008 1:24am Oct 28, 2008 1:24am
font size 2 please

its good for the eyes



if anyone else in this thread agrees then let me know.





Quoting Tiger Hunter
hi traders

i launched yesterday my last calls for geppy predict the continuation of the up trend .

and here we are as you see price try to retrace right after my call but , rise again to hit the first target.

& the reason for such retace
is the(news)


as i said before all the buyers and sellers in those threads ,
so if you found most posts focused on the up movement will happen (up trend), so the price will go down coz most of the traders will take long positions & visa verse.

so trade well partners...
  • #127,247
  • Oct 28, 2008 1:26am Oct 28, 2008 1:26am
hey funnier things have happened. I've listend to traders all day say its going down, it tanking. and I just laughed cause not in the cards. But I never rule out the unthinkable with this beast
  • #127,248
  • Oct 28, 2008 1:27am Oct 28, 2008 1:27am
Quoting plrbear
Well I made 550 pips up to 151. closed out and waiting for strong signal for direction up again to 155 or back down to 148
GJ loves 50 % retracements, if there is one
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  • #127,249
  • Oct 28, 2008 1:27am Oct 28, 2008 1:27am
hehe. covered my earlier loss.
  • #127,250
  • Oct 28, 2008 1:28am Oct 28, 2008 1:28am
Quoting rogerdoger
how many pips did you make today?
only about 250....which is the saddest part of all.
But i came back from about a 150 drawdown....so a swing of around 400
--post hoc ergo propter hoc--
  • #127,251
  • Oct 28, 2008 1:30am Oct 28, 2008 1:30am
retrace to 147 area for 50% you mean? frankfurt london fakeout reversal maybe?

Quoting peaches
GJ loves 50 % retracements, if there is one
  • #127,252
  • Oct 28, 2008 1:30am Oct 28, 2008 1:30am
Well I got back in on long @ 149.70 and I'm up almost 90 pips again. but doesn't mean anything if we don't break solid above 151.50. I agree we still could have strong retracement before continues up
  • #127,253
  • Oct 28, 2008 1:35am Oct 28, 2008 1:35am
good work bro. maybe a stop loss to preserve your gain? 90pips is 90 pips still would buy u chocolates

Quoting plrbear
Well I got back in on long @ 149.70 and I'm up almost 90 pips again. but doesn't mean anything if we don't break solid above 151.50. I agree we still could have strong retracement before continues up
  • #127,254
  • Oct 28, 2008 1:37am Oct 28, 2008 1:37am
Quoting Monk
to all the beginners out there...(me included) ......I have now \"made my pips\" for the day.....and its time to sit back for a bit and see how it shakes out.

RIGHT NOW

Is then i tend to give back HALF if not more or even all of what i just put in the bank

good luck everyone
thanks..iŽll keep that in mind :S...
By now, I think i need to go to bed, take some of those "karmo pills", recover from tonights shock, and...get ready to trade another day ....have a good night (or day )
  • #127,255
  • Oct 28, 2008 1:49am Oct 28, 2008 1:49am
It looks like all currencies are up primarily against the yen, and secondarily against the US dollar. A nice development considering what's been happening lately.
  • #127,256
  • Oct 28, 2008 1:49am Oct 28, 2008 1:49am
lets see what the BIG BEN has in store for us. 154.96 or ?

this fake out consolidation to fool us? lol

forexlion. what do you think? since we passed your line before the 154.96, this should be an easy sail up unless they are fooling us before a dip to the 50% before shooting up .
  • #127,257
  • Oct 28, 2008 1:52am Oct 28, 2008 1:52am
Quoting Serendipity
retrace to 147 area for 50% you mean? frankfurt london fakeout reversal maybe?
lets see, what happens...
  • #127,258
  • Oct 28, 2008 1:56am Oct 28, 2008 1:56am
it's gotta break somewhere here
  • #127,259
  • Oct 28, 2008 1:57am Oct 28, 2008 1:57am
GJ need to break 150.20. Next IF GJ break 152.20 ...we might see it blow up around 200 ~ 500 pips.

Good Luck
  • #127,260
  • Oct 28, 2008 1:59am Oct 28, 2008 1:59am
Quoting Petefaders
it's gotta break somewhere here
yea im getting bored watching it break out of this 10 pip channel lol
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