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

  • #132,461
  • Nov 5, 2008 11:39pm Nov 5, 2008 11:39pm
Quoting malcolmb14
did you get out at the target of 154.94 i gave you

hit it to the pip and reversed ......

lol
got out at .90 for 50 and reversed, got out at the TL for 40

The TL is still holding
Trade what you see, not what you think.
  • #132,462
  • Nov 5, 2008 11:40pm Nov 5, 2008 11:40pm
Quoting malcolmb14
1/2 off 40 , rest be +1


check the declining volume on the up move...easy money

Attachment
what's next?
  • #132,463
  • Nov 5, 2008 11:40pm Nov 5, 2008 11:40pm
working between the liners ... mostly shorts only for now

Attached Image (click to enlarge)
Click to Enlarge Name: gj.jpg Size: 194 KB
Blogging daily now at www.volume.zone
  • #132,464
  • Nov 5, 2008 11:46pm Nov 5, 2008 11:46pm
for GJ to visit 152 and 150, we need a 1h candle close below 154.40 otherwise this could bounce.
Trade what you see, not what you think.
  • #132,465
  • Nov 5, 2008 11:50pm Nov 5, 2008 11:50pm
Quoting malcolmb14
did you get out at the target of 154.94 i gave you

hit it to the pip and reversed ......

lol
u deserve to medal or milky stuff

this should be easy money
Attached Image (click to enlarge)
Click to Enlarge Name: 12q.png Size: 39 KB
  • #132,466
  • Nov 6, 2008 12:06am Nov 6, 2008 12:06am
Quoting 5ysfx
u deserve to medal or milky stuff

this should be easy money
where is your short TP?i shorted ej
  • #132,467
  • Nov 6, 2008 12:10am Nov 6, 2008 12:10am
Quoting moneybookers
where is your short TP?i shorted ej
depend

today 150
tommorow maybe 135

jk

dunno i follow the trend and ema 14 on H3 TF
  • #132,468
  • Nov 6, 2008 12:13am Nov 6, 2008 12:13am
Quoting 5ysfx
depend

today 150
tommorow maybe 135

jk

dunno i follow the trend and ema 14 on H3 TF
haha i will hold my short for mid term,at least to previous low
  • #132,469
  • Nov 6, 2008 12:15am Nov 6, 2008 12:15am
gosh just waiting there without ticks at times. makes me wonder if it is just about to COLLAPSE lol
  • #132,470
  • Nov 6, 2008 12:17am Nov 6, 2008 12:17am
i heard a few points for breaking to the downside confirmation. 153.80 153.92. any other points ?

wonder what the confirmation is to ensure that it is not a fake breakout below 153.80 etc
  • #132,471
  • Nov 6, 2008 12:30am Nov 6, 2008 12:30am
I'm long from 154.50 again, SL 154, TP is open

This is again based on the chart I posted earlier.
Trade what you see, not what you think.
  • #132,472
  • Nov 6, 2008 12:36am Nov 6, 2008 12:36am
long is pretty risky today

BoE rate decision
1 hour left to european stox market open after Nikkei end up with -7% we shall see big time tanking
  • #132,473
  • Nov 6, 2008 12:40am Nov 6, 2008 12:40am
Quoting 5ysfx
long is pretty risky today

BoE rate decision
1 hour left to european stox market open after Nikkei end up with -7% we shall see big time tanking
If we get a 15m candle close below 154.4, I'll re-enter short otherwise I'm long from here
Trade what you see, not what you think.
  • #132,474
  • Nov 6, 2008 12:42am Nov 6, 2008 12:42am
Quoting karmostaji
If we get a 15m candle close below 154.4, I'll re-enter short otherwise I'm long from here
whats ur TP ?
  • #132,475
  • Nov 6, 2008 12:42am Nov 6, 2008 12:42am
154.80 is Weekly pivot and the 1h candle hasn't been able to close below it today
Trade what you see, not what you think.
  • #132,476
  • Nov 6, 2008 12:43am Nov 6, 2008 12:43am
Quoting 5ysfx
whats ur TP ?
Open for now but I'll take partial profits at the touch of every 50ema on 15m/30m/1h
Trade what you see, not what you think.
  • #132,477
  • Nov 6, 2008 12:46am Nov 6, 2008 12:46am
GU is forming a bear flag

I don't get married to any direction, if things reverse, I'll reverse but I see support at 154.4, I'd like to see that broken before entering short here.
Trade what you see, not what you think.
  • #132,478
  • Nov 6, 2008 12:54am Nov 6, 2008 12:54am
Something to take a look at. GBP/JPY respecting action-reaction pitchfork lines as price is channeling down towards the green lower line.
Attached Image (click to enlarge)
Click to Enlarge Name: gj.jpg Size: 87 KB
  • #132,479
  • Nov 6, 2008 12:56am Nov 6, 2008 12:56am
i thought about small retract to 157 but i see completely no demand so i cut small losses(when i trying to catch knife i use 200pips=1% MM) and gone short at 155 with ordinary position when trend continuation occur 50 pips=1%
  • #132,480
  • Nov 6, 2008 1:03am Nov 6, 2008 1:03am
Quoting 5ysfx
i thought about small retract to 157 but i see completely no demand so i cut small losses(when i trying to catch knife i use 200pips=1% MM) and gone short at 155 with ordinary position when trend continuation occur 50 pips=1%
my 40 pips sl is not even 1% lol, I've got nothing to worry about it

I hope today would be better than yesterday
Trade what you see, not what you think.
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