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

  • #132,081
  • Nov 5, 2008 6:46am Nov 5, 2008 6:46am
Ok trying a short now
Trade what you see, not what you think.
  • #132,082
  • Nov 5, 2008 6:48am Nov 5, 2008 6:48am
Quoting ezodisy
4h MACD appears to be in the final death throes above level. If it crosses down we should have one hell of a party.
feelin sick..with whip saw...

Sonic
  • #132,083
  • Nov 5, 2008 6:49am Nov 5, 2008 6:49am
I'll scalp for anything between 10-50 pips until this beast moves it's ass

I can't stand watching it dance around lol
Trade what you see, not what you think.
  • #132,084
  • Nov 5, 2008 6:52am Nov 5, 2008 6:52am
Quoting karmostaji
I'll scalp for anything between 10-50 pips until this beast moves it's ass

I can't stand watching it dance around lol
Me too - just taking 10 here, 20 there and down to my 1 min chart till The Beast finds some direction - real Hit nd Run trading today.....http://www.forexfactory.com/images/icons/icon10.gif
Trading Levels with WRBs
  • #132,085
  • Nov 5, 2008 6:52am Nov 5, 2008 6:52am
Quoting karmostaji
I'll scalp for anything between 10-50 pips until this beast moves it's ass

I can't stand watching it dance around lol
Jumped in short about 30 seconds before you posted. TP: 40 pips
  • #132,086
  • Nov 5, 2008 6:53am Nov 5, 2008 6:53am
UJ is breaking down along with the Dow.
Patience + Humility + Study = Success
  • #132,087
  • Nov 5, 2008 6:58am Nov 5, 2008 6:58am
gave back 20 pips lol
Trade what you see, not what you think.
  • #132,088
  • Nov 5, 2008 7:01am Nov 5, 2008 7:01am
2008.11.05 14:59:58 *US ISM Oct Non-Mfg Composite Index 44.4 vs 47.3
Trading Levels with WRBs
  • #132,089
  • Nov 5, 2008 7:03am Nov 5, 2008 7:03am
Quoting Islander
2008.11.05 14:59:58 *US ISM Oct Non-Mfg Composite Index 44.4 vs 47.3
market just dont care about data anymore seems
  • #132,090
  • Nov 5, 2008 7:08am Nov 5, 2008 7:08am
gm guys. having fun longing?
  • #132,091
  • Edited 7:12am Nov 5, 2008 7:09am | Edited 7:12am
Quoting moneybookers
market just dont care about data anymore seems
well the Dow sold off into the data - hit my TP in the YM at 9408 - so I guess the shorts took their profit and so the Dow and UJ bounced.

With cable also rallying we have a great GJ move....

Cable's rally is mainly on Dollar weakness - so I guess that has come from the data as UJ has only got back to its 99 level - again!
Trading Levels with WRBs
  • #132,092
  • Nov 5, 2008 7:09am Nov 5, 2008 7:09am
161 is the 1st target for longs, that's the upper TL of the 4h bull flag
Trade what you see, not what you think.
  • #132,093
  • Nov 5, 2008 7:10am Nov 5, 2008 7:10am
are we bullish again?
  • #132,094
  • Nov 5, 2008 7:11am Nov 5, 2008 7:11am
Quoting moneybookers
are we bullish again?
it looks like that.
  • #132,095
  • Nov 5, 2008 7:12am Nov 5, 2008 7:12am
Quoting pkimnyc
it looks like that.
the market is just irrationale.
  • #132,096
  • Nov 5, 2008 7:15am Nov 5, 2008 7:15am
Quoting moneybookers
the market is just irrationale.
price pattern doesn't lie.
http://www.forexfactory.com/showpost...stcount=131741
  • #132,097
  • Nov 5, 2008 7:15am Nov 5, 2008 7:15am
Well, I can set myself in profit now from last night and this morning. Price never had a close below the 4 hour gann so we are still set. The take profit that Karmo mentioned is looking nice (161) and after that I'll be looking to 163. I'm off to get some chinese food (cat) now. Good luck in your trades everybody!

P.S, potential daily QQE cross on the close ladies and gents. I'll be holding a little longer after all. 175 if so.
I dream, therefore I become.
  • #132,098
  • Nov 5, 2008 7:16am Nov 5, 2008 7:16am
1st lot taken profit...
2nd @ BE

Sonic
  • #132,099
  • Nov 5, 2008 7:18am Nov 5, 2008 7:18am
Dollar dropping fast, so GBP and Euro rallying and taking GJ & EJ up too - both now short term overbought - just closed my last long as cable spiked up to 6200.
Trading Levels with WRBs
  • #132,100
  • Nov 5, 2008 7:18am Nov 5, 2008 7:18am
When I get back I'll post two charts with reasons that you guys should look higher on the charts. That might help in the confusion. I'll be back in an hour or so.
I dream, therefore I become.
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