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

  • #127,621
  • Oct 28, 2008 4:36pm Oct 28, 2008 4:36pm
Quoting malcolmb14
these shorts are getting to predictable ....


Attachment

this is silly .. 100 pip moves on sells now .... the spike was not supposed to be there .. .easy trap up move .... once it formed wick and came back down thru T30 she was a short .. half off for +100 stop moved to +50 other half.

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  • #127,622
  • Oct 28, 2008 4:37pm Oct 28, 2008 4:37pm
Quoting lilmoe
i personally don't think it will make it past 157-158 (4h 50ema), and even if it it does, it shouldn't be by a large margin.

i do agree however that there's going to be a big down not too long from now
Dear lilmoe
did you think it will retract and going down from (4h 50ema)??
  • #127,623
  • Oct 28, 2008 4:38pm Oct 28, 2008 4:38pm
Quoting malcolmb14
this is silly .. 100 pip moves on sells now .... the spike was not supposed to be there .. .easy trap up move .... once it formed wick and came back down thru T30 she was a short .. half off for +100 stop moved to +50 other half.

Attachment

stopped dead on my r6 level ... out of short ... looking for long

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  • #127,624
  • Oct 28, 2008 4:43pm Oct 28, 2008 4:43pm
Quoting lilmoe
closed 1/3 for 85 pips, rest at b/e
reason for short, other than the bearish divergence on m5

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and the reason for taking partial profit and rest at b/e

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i believe this area should serve as good resistance.

as i type, i got stopped out, and reentered at .40 with a 50 pip SL again.
  • #127,625
  • Oct 28, 2008 4:46pm Oct 28, 2008 4:46pm
Quoting TraderStar
Although I realize, for the scalpers, 16 hours ago may as well be 16 years...
very well put.
--post hoc ergo propter hoc--
  • #127,626
  • Oct 28, 2008 4:52pm Oct 28, 2008 4:52pm
WTF!!!!!!!!

Did anyone else have 4 huge 100+ pips spikes one down then up then down then up?

Or is this my broker clearing everyone out????
--post hoc ergo propter hoc--
  • #127,627
  • Oct 28, 2008 4:53pm Oct 28, 2008 4:53pm
not me, what broker do you use?
  • #127,628
  • Oct 28, 2008 4:53pm Oct 28, 2008 4:53pm
She wants the .50
  • #127,629
  • Oct 28, 2008 4:55pm Oct 28, 2008 4:55pm
Quoting Monk
WTF!!!!!!!!

Did anyone else have 4 huge 100+ pips spikes one down then up then down then up?

Or is this my broker clearing everyone out????
Welcome to forex trading !

That's why I took 3 long positions yesterday @ 143-144 with 3 targets 150, 154, 159. Last trade almost 1400 pips and will reach TP 159 soon.
Do not follow my trades. Trade what you see on your own charts.
  • #127,630
  • Oct 28, 2008 4:57pm Oct 28, 2008 4:57pm
BTW thanks guys I was someone who was getting killed all day and you've made me back 50% of what I lost in under an hour....I'll go back to keeping quiet LOL
  • #127,631
  • Oct 28, 2008 4:58pm Oct 28, 2008 4:58pm
Quoting igmak
Welcome to forex trading !

That's why I took 3 long positions yesterday @ 143-144 with 3 targets 150, 154, 159. Last trade almost 1400 pips and will reach TP 159 soon.

you may as well predict retracements and exact times. It would make my life easier!
  • #127,632
  • Oct 28, 2008 4:59pm Oct 28, 2008 4:59pm
very high very fast continued ........

http://www.forexfactory.com/showthre...45#post2310445
  • #127,633
  • Oct 28, 2008 4:59pm Oct 28, 2008 4:59pm
Quoting Monk
WTF!!!!!!!!

Did anyone else have 4 huge 100+ pips spikes one down then up then down then up?

Or is this my broker clearing everyone out????
If your broker is FXCM they are up to one of their many tricks ...
I didn't see those spikes.
  • #127,634
  • Oct 28, 2008 5:02pm Oct 28, 2008 5:02pm
Yeah those guys cannot be trusted
  • #127,635
  • Oct 28, 2008 5:02pm Oct 28, 2008 5:02pm
woah. I'm lovin' this . closed my longs.
  • #127,636
  • Oct 28, 2008 5:02pm Oct 28, 2008 5:02pm
Quoting forexlion
very high very fast continued ........

http://www.forexfactory.com/showthre...45#post2310445

to high and to fast ... this is going to drop 4 x faster lol
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  • #127,637
  • Oct 28, 2008 5:03pm Oct 28, 2008 5:03pm
Quoting Monk
WTF!!!!!!!!

Did anyone else have 4 huge 100+ pips spikes one down then up then down then up?

Or is this my broker clearing everyone out????
Mine had the same down spike. I have a one minute candle with a high of 157.71 and a low of 156.45. The move happened very quick. Luckily it missed by SL by 15 pips.
  • #127,638
  • Oct 28, 2008 5:03pm Oct 28, 2008 5:03pm
out long 159.20 short .... might be worngo n this

looking for 30 - 100 pips
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  • #127,639
  • Oct 28, 2008 5:04pm Oct 28, 2008 5:04pm
short at 159.30...
  • #127,640
  • Oct 28, 2008 5:05pm Oct 28, 2008 5:05pm
Quoting malcolmb14
out long 159.20 short .... might be worngo n this

looking for 30 - 100 pips
out half 50 pips .... stop be other half ... also ready for new long
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