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

  • #131,821
  • Nov 4, 2008 10:30pm Nov 4, 2008 10:30pm
Quoting moneybookers
you were good on the short call but i didnt close my long,get caught
don't get me wrong. i'm long bias, but the price just wasn't at the right level for me to long. that's all. like i said, it was a scalp trade.
  • #131,822
  • Nov 4, 2008 10:32pm Nov 4, 2008 10:32pm
Milky Bar dude...

U were saying "the plunge jus now is to shake out the LONG""

how and why do u say that??

Sonic
  • #131,823
  • Nov 4, 2008 10:33pm Nov 4, 2008 10:33pm
Quoting malcolmb14
do not follow me lol

high risk stuff
hehe, tell me about it I would have a heart attack if I followed all of your calls malcolmb I'm not quick enough to get in and out.

Great calls all the same, just goes to show everyone that there are different ways to trade.
  • #131,824
  • Nov 4, 2008 10:35pm Nov 4, 2008 10:35pm
Quoting pkimnyc
don't get me wrong. i'm long bias, but the price just wasn't at the right level for me to long. that's all. like i said, it was a scalp trade.
156 area?
  • #131,825
  • Nov 4, 2008 10:36pm Nov 4, 2008 10:36pm
Quoting sonicdeejay
Milky Bar dude...

U were saying \"the plunge jus now is to shake out the LONG\"\"

how and why do u say that??

Sonic

high volume down move , very impulsive.... expect a bounce.....

this time it was only a small one and the volume on the three up candles was low ... no one buying into the bounce
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  • #131,826
  • Nov 4, 2008 10:37pm Nov 4, 2008 10:37pm
Quoting moneybookers
156 area?
i'll let the pa to decide.
  • #131,827
  • Nov 4, 2008 10:37pm Nov 4, 2008 10:37pm
rthis breaks 157.23 shes goers to 155.80 then 153.46 then 150
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  • #131,828
  • Nov 4, 2008 10:39pm Nov 4, 2008 10:39pm
Quoting 5ysfx
added to short 15825
covered at 15680
  • #131,829
  • Nov 4, 2008 10:41pm Nov 4, 2008 10:41pm
out short for now 156,85 , that is my trading style hit and run .

only sat down to try printing out stuff for sons school project ..lol

for swing traders everything dropping eu gu ej gj
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  • #131,830
  • Nov 4, 2008 10:41pm Nov 4, 2008 10:41pm
Quoting 5ysfx
covered at 15680

hey you watching me ? lol
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  • #131,831
  • Nov 4, 2008 10:45pm Nov 4, 2008 10:45pm
Quoting malcolmb14
hey you watching me ? lol
yeah im right behind u lol

matter of fact i was first
  • #131,832
  • Nov 4, 2008 10:48pm Nov 4, 2008 10:48pm
Quoting 5ysfx
yeah im right behind u lol

matter of fact i was first

damn...I trying out scalping too with new acc..apart fr my swing method...
I do not why i keep add long...my scalp acc almost whipped out..

Better stick to my swing i guess...

Sonic
  • #131,833
  • Nov 4, 2008 10:49pm Nov 4, 2008 10:49pm
done for the day. see you guys @ ny. good trading.
  • #131,834
  • Nov 4, 2008 10:50pm Nov 4, 2008 10:50pm
Quoting malcolmb14
out short for now 156,85 , that is my trading style hit and run .

only sat down to try printing out stuff for sons school project ..lol

for swing traders everything dropping eu gu ej gj
What is that... trading addiction and it's effects on family relationships?
  • #131,835
  • Nov 4, 2008 10:52pm Nov 4, 2008 10:52pm
so from sunday when the "projections" were for low 130 / mid 120
And we went to 164 and then down 1000 then up then down some again.....

and was reading by mid week.....we could start the "real move" down to the 130 area......is all of this still true?

Or is there a new thought like .....test of 153 then up to 170??
--post hoc ergo propter hoc--
  • #131,836
  • Nov 4, 2008 10:53pm Nov 4, 2008 10:53pm
holy shit.. My spread on g/j is 0.5
  • #131,837
  • Nov 4, 2008 10:54pm Nov 4, 2008 10:54pm
lol back to normal now....around 8pips
  • #131,838
  • Nov 4, 2008 10:58pm Nov 4, 2008 10:58pm
Quoting Monk
so from sunday when the \"projections\" were for low 130 / mid 120
And we went to 164 and then down 1000 then up then down some again.....

and was reading by mid week.....we could start the \"real move\" down to the 130 area......is all of this still true?

Or is there a new thought like .....test of 153 then up to 170??

this is possible .... here is a 12hr chart

note the move higher up along the trend line before drop 180 to 140 .... interesting how it resembles this weeks move

if we get below that 153 zone good chance for the pattern to play out

Attached Image (click to enlarge)
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  • #131,839
  • Nov 4, 2008 10:58pm Nov 4, 2008 10:58pm
bearflag on m1 shorted at 15740
sell order at 15780
  • #131,840
  • Nov 4, 2008 10:59pm Nov 4, 2008 10:59pm
Quoting 5ysfx
bearflag on m1 shorted at 15740
sell order at 15780
yep
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