Auslanco - GBP/JPY and GBP/USD (newstrade)
- #128,202
- Oct 29, 2008 11:30am Oct 29, 2008 11:30am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
this is just the regular games they play. slowly marking it up until news..but the problem is, we have noone buying it up there yet. i see weak up bars up to psychological 160. textbook like. take care before getting sucked in 
still seeing an upcoming drop....if not, i have NOT said ANYTHING!
just to make it clear. i am talking of a shortterm view, not longterm.
still seeing an upcoming drop....if not, i have NOT said ANYTHING!
just to make it clear. i am talking of a shortterm view, not longterm.
- #128,203
- Oct 29, 2008 11:31am Oct 29, 2008 11:31am
another excitign day in the land of forex trading . i hope you all doing well .
I got this through a service i subsribe for and wanted to share it with you. It is a long post ... but maybe one of the best. It pertains to futures traders ... but also applies to 99 % of forex traders
- #128,204
- Oct 29, 2008 11:33am Oct 29, 2008 11:33am
with all due respect, and even if it works out, that's what i call a bad trade, going long in the top is just not right.... we dipped as low as 153.50, why didn't u buy there?
how u doin bro?
i respect your view as you are great trader.
but my strategy rules forced me to take long position at the resistance level coz there was increasing momentum .
now my postion works like hell ,do you still think it is bad trade?
I always knew that someday I would make it big
- #128,205
- Oct 29, 2008 11:35am Oct 29, 2008 11:35am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
hi lilmoe ,
how u doin bro?
i respect your view as you are great trader.
but my strategy rules forced me to take long position at the resistance level coz there was increasing momentum .
now my postion works like hell ,do you still think it is bad trade?
and yes, buying after price obviously has rallied 100's of points without significantly retracing isn't that good and secure
- #128,206
- Oct 29, 2008 11:35am Oct 29, 2008 11:35am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
more green pips coming to papa karmo
Lovely beast
Lovely beast
Trade what you see, not what you think.
- #128,207
- Oct 29, 2008 11:37am Oct 29, 2008 11:37am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
anybody see this bullish triangel breakout on 4h dow...
- #128,210
- Oct 29, 2008 11:40am Oct 29, 2008 11:40am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
your new version of pills was too delicious and deserves 50 green pips
Trade what you see, not what you think.
- #128,212
- Oct 29, 2008 11:45am Oct 29, 2008 11:45am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #128,213
- Oct 29, 2008 11:45am Oct 29, 2008 11:45am
- | Joined Jun 2008 | Status: Trader | 1,079 Posts
I recommend you read something else as this sentence is now concluded.
- #128,214
- Oct 29, 2008 11:46am Oct 29, 2008 11:46am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
hi lilmoe ,
how u doin bro?
i respect your view as you are great trader.
but my strategy rules forced me to take long position at the resistance level coz there was increasing momentum .
now my postion works like hell ,do you still think it is bad trade?
- #128,215
- Oct 29, 2008 11:47am Oct 29, 2008 11:47am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
im watchin
that was funny
- #128,216
- Oct 29, 2008 11:50am Oct 29, 2008 11:50am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
this has nothing to do with regular trades. just prenews manipulation, not more. congrats to the green pippos.
and yes, buying after price obviously has rallied 100's of points without significantly retracing isn't that good and secure
well ym hit that 9200 level i mentioned this morning and now i am well and truly under water on that speculative short at 9040 i took yesterday lol....
gj also hit that 160 target I mentioned in the room this morning ....
been out of the market most of the day ... only scored a few pips this morning ..
Blogging daily now at www.volume.zone
- #128,217
- Oct 29, 2008 11:53am Oct 29, 2008 11:53am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
Yes, today we see many similar triangles formed. Let wait if GJ can hit my 2nd target 162.00 before FED
on the floor in this time.
I`am just watchin, like karm, until my target is hit. There is no pressure.
I have already made enough pips for today, everything else is bonus.
I`am also trading eur/aud, target 1.90 today
- #128,219
- Oct 29, 2008 11:53am Oct 29, 2008 11:53am
this has nothing to do with regular trades. just prenews manipulation, not more. congrats to the green pippos.
and yes, buying after price obviously has rallied 100's of points without significantly retracing isn't that good and secure
hi Dr.Geppynius,
yeah i agree with your view ,but i follow my strategy strictly even if it tells me to go long at resistance levels or after a rally 300 pips .
that what i learned and still learning throughout my experience last years (Market is so cruel and you have to obey it's rules (strategy following whatever happens)
I always knew that someday I would make it big
- #128,220
- Oct 29, 2008 11:54am Oct 29, 2008 11:54am
- Joined May 2008 | Status: has long shorts | 2,584 Posts