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

  • #130,701
  • Nov 3, 2008 7:38am Nov 3, 2008 7:38am
where is 5 ? still going long ?

that short i took , got 500 pips of draw down ... but knew it was bull trap .. that was to easy to spot IF you know what you looking for held the trade

I was adding to short every 100 pips on the way up

paid off .... just took half off at +50 and moved stop to break even on other half on the trade that I had 500 pips of draw down on and +500 pips on last trade at 163 off the top

all in all a disaster turned out well

now if i get my 125 i will be happy
Blogging daily now at www.volume.zone
  • #130,702
  • Nov 3, 2008 7:39am Nov 3, 2008 7:39am
Quoting karmostaji
Time for patience to kick in until I see a reversal or something on 4h chart.

Think i will hang with the pill pushin junkie SL 60.15 make or break who cares
"Millionaires don't use astrology, billionaires do"
  • #130,703
  • Nov 3, 2008 7:39am Nov 3, 2008 7:39am
Quoting ovaforty
yeah, i see support at the weekly 5 sma low around 154.50 area.

cool. but even if we make another new low, that DOESNT mean we can't make it back up to 5sma(s) before the end of the month.

however, we DID make a 5sma retracement on the weekly chart. so we might as well say we should head down for a couple to three more days.

we have a weekly inside bar, and if last week's low is taken out, i DONT see why this shouldn't reach or even take out 139.
  • #130,704
  • Nov 3, 2008 7:39am Nov 3, 2008 7:39am
Quoting karmostaji
I'm adding you to my ignore list, enjoy it.
  • #130,705
  • Nov 3, 2008 7:40am Nov 3, 2008 7:40am
Quoting OrionsWay
Think i will hang with the pill pushin junkie
lol don't start bottom picking again or your planets will start to explode again..

you said 122.xx, I like that
Trade what you see, not what you think.
  • #130,706
  • Nov 3, 2008 7:41am Nov 3, 2008 7:41am
Quoting karmostaji
lol don't start bottom picking again or your planets will start to explode again..

you said 122.xx, I like that
its a vast sqaure of price be nimble
"Millionaires don't use astrology, billionaires do"
  • #130,707
  • Nov 3, 2008 7:41am Nov 3, 2008 7:41am
Quoting karmostaji
I told you I won't miss the train and will enter once that TL breaks, setting SL to +10 and letting them ride.

Time for patience to kick in until I see a reversal or something on 4h chart.
i knew i didn't have to worry about ya
  • #130,708
  • Nov 3, 2008 7:43am Nov 3, 2008 7:43am
Maaaaaaaaaaaaaalcolmb, don't through ur tech books yeat. I just woke up and happy!
  • #130,709
  • Nov 3, 2008 7:43am Nov 3, 2008 7:43am
Quoting lilmoe
i knew i didn't have to worry about ya
gotta be flexible, it is not easy btw

things are looking good for bears
Trade what you see, not what you think.
  • #130,710
  • Nov 3, 2008 7:43am Nov 3, 2008 7:43am
Quoting malcolmb14
where is 5 ? still going long ?

that short i took , got 500 pips of draw down ... but knew it was bull trap .. that was to easy to spot IF you know what you looking for held the trade

I was adding to short every 100 pips on the way up

paid off .... just took half off at +50 and moved stop to break even on other half on the trade that I had 500 pips of draw down on and +500 pips on last trade at 163 off the top

all in all a disaster turned out well

now if i get my 125 i will be happy
500 pip drawdown is a big ouch to me, i wouldn't be able to sleep from the things playing in my stomach. i'm glad things turned out well for ya. i remember ur experience with GBP/CHF
  • #130,711
  • Nov 3, 2008 7:45am Nov 3, 2008 7:45am
we see a triangle on the 4 hour chart with lower highs and higher lows so far. A break of 156.75 would be bearish short term. I expect range trade this week as the weekly and monthly charts are not in agreement.
Attached Image (click to enlarge)
Click to Enlarge Name: geppy 4 hour 3.gif Size: 28 KB
  • #130,712
  • Nov 3, 2008 7:45am Nov 3, 2008 7:45am
Quoting malcolmb14
where is 5 ? still going long ?

that short i took , got 500 pips of draw down ... but knew it was bull trap .. that was to easy to spot IF you know what you looking for held the trade

I was adding to short every 100 pips on the way up

paid off .... just took half off at +50 and moved stop to break even on other half on the trade that I had 500 pips of draw down on and +500 pips on last trade at 163 off the top

all in all a disaster turned out well

now if i get my 125 i will be happy
good for u i have never doubt in u
I made my day earlier small short later now im playing or gambling whatever u like.



long 15770 SL 50 normal positon with 50 pips SL

if will drop below 15750 im off today


Cheers Master
  • #130,713
  • Nov 3, 2008 7:45am Nov 3, 2008 7:45am
Quoting lilmoe
500 pip drawdown is a big ouch to me, i wouldn't be able to sleep from the things playing in my stomach. i'm glad things turned out well for ya. i remember ur experience with GBP/CHF

hey what is 500 pips these days lol ...

got out of bed short gu +170 and gj +100...lol on scalps .. so was not worried about the draw down

I was very firm in my research and it paid off .

the up move yesterday was a classic bull trap and gave me chance to enter great shorts ej , aj and gj
Blogging daily now at www.volume.zone
  • #130,714
  • Nov 3, 2008 7:45am Nov 3, 2008 7:45am
what? malcolmb had 500 pips drawdown?? loool

talk about karma, malcolmb used to give me lectures about big drawdowns

Hhahahaaha
Trade what you see, not what you think.
  • #130,715
  • Nov 3, 2008 7:46am Nov 3, 2008 7:46am
Quoting karmostaji
gotta be flexible, it is not easy btw

things are looking good for bears
Karmo, as I see the Gann can be frequently changed..., is dat normal for the regular markets? thanx man
  • #130,716
  • Nov 3, 2008 7:48am Nov 3, 2008 7:48am
Quoting pipsbull
Karmo, as I see the Gann can be frequently changed..., is dat normal for the regular markets? thanx man
On VT charts 4h candle never closed above Gann
I trust VT charts for auslanco's indicators more than any other broker.

It is normal and the QQE + Gann + 5sma can be used successfully, I use it and make money.
Trade what you see, not what you think.
  • #130,717
  • Nov 3, 2008 7:49am Nov 3, 2008 7:49am
Quoting 5ysfx
good for u i have never doubt in u
I made my day earlier small short later now im playing or gambling whatever u like.



long 15770 SL 50 normal positon with 50 pips SL

if will drop below 15750 im off today


Cheers Master
there you are

now what you think of aj ? lol

still a breakout ?

lol
Blogging daily now at www.volume.zone
  • #130,718
  • Nov 3, 2008 7:50am Nov 3, 2008 7:50am
Quoting karmostaji
gotta be flexible, it is not easy btw

things are looking good for bears



those EXTRA green pips are going to throw my fever away, loool.

god i can't look right at the screen...
  • #130,719
  • Nov 3, 2008 7:51am Nov 3, 2008 7:51am
daily chart shows price is testing the 5 sma low. A break below is needed to confirm shorts.
Attached Image (click to enlarge)
Click to Enlarge Name: geppy daily.gif Size: 23 KB
  • #130,720
  • Nov 3, 2008 7:53am Nov 3, 2008 7:53am
could someone post short term ( coveringnext several hours) chart with midterm resistance for me?

my broker is still all screwed up.....charts all wacked out.....prices updating every 5 minutes and not by the tick.

Filling put paperwork for ibfx today and getting the hell away from these other guys.

thanks
--post hoc ergo propter hoc--
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