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

  • #133,401
  • Nov 7, 2008 9:45am Nov 7, 2008 9:45am
Quoting Islander
Some move - great call Geppy http://www.forexfactory.com/images/icons/icon14.gif - I too was out of my last long rather early

I watched UJ hit 98.50 which I had as resistance, then GU hit 58.50 so GJ was heavily extended as it spiked to R1 156.19 so I took a short for a Hit and Run trade - exited at the MR1 level - 55.32.

That spike has made a big doji on the 15m so lets see what the next candle brings...a failure around the 156 level would be a great lower high....http://www.forexfactory.com/images/icons/icon12.gif
Thanks for that explanation Islander, it helps me understand better.
  • #133,402
  • Nov 7, 2008 9:45am Nov 7, 2008 9:45am
holding a long @1550 to 15605..sl 15530.
making a logical strength build up b4 fall...
my tot... cld be wrong..
  • #133,403
  • Nov 7, 2008 9:46am Nov 7, 2008 9:46am
hi, which is trend of geppy atm?
  • #133,404
  • Nov 7, 2008 9:47am Nov 7, 2008 9:47am
Quoting xoiper
long 155.30 tp 156
still open need some time or may hit my sl at +1 now
  • #133,405
  • Nov 7, 2008 9:48am Nov 7, 2008 9:48am
Quoting free4440273
hi, which is trend of geppy atm?
only if i've known..
I recommend you read something else as this sentence is now concluded.
  • #133,406
  • Nov 7, 2008 9:50am Nov 7, 2008 9:50am
sl hit now flat consider putting short
  • #133,407
  • Nov 7, 2008 9:50am Nov 7, 2008 9:50am
Quoting Obaidah
only if i've known..
  • #133,408
  • Nov 7, 2008 9:52am Nov 7, 2008 9:52am
short 155.20
  • #133,409
  • Nov 7, 2008 9:53am Nov 7, 2008 9:53am
Quoting free4440273
lol

long term DOWN DOWN DOWN
mid term retractment
short term ... you can see
  • #133,410
  • Nov 7, 2008 9:54am Nov 7, 2008 9:54am
there r still 7 hours before market close may be we go to 150 this weak should close bearish guys
  • #133,411
  • Nov 7, 2008 9:55am Nov 7, 2008 9:55am
Quoting xoiper
short 155.20
i had to report this, you've been asked several times to post reasons for your positions and you're not responding, this thread is for learning and posting no reasons for your positions make you breaking rules,

sorry buddy..
I recommend you read something else as this sentence is now concluded.
  • #133,412
  • Nov 7, 2008 9:55am Nov 7, 2008 9:55am
Quoting harora
lol

long term DOWN DOWN DOWN
mid term retractment
shor term ... you can see
thank you kindly sir
  • #133,413
  • Nov 7, 2008 9:55am Nov 7, 2008 9:55am
whats your S/L like for the shorts?

Quoting Geppy
I'm usually not much concerned with holding positions over the weekend unless the G7 is meeting. If you think about it, we're all getting short G/J right now and any news that's going to come out would most likely be negative which would send equity markets lower and in turn G/J. In other words, if a gap occurs, chances are it'd be in our favor.
  • #133,414
  • Nov 7, 2008 10:00am Nov 7, 2008 10:00am
Quoting xoiper
short 155.20
come baby come

waiting for m5 gann to be taken out to add another mini, SL 156.35 targetting 154.27 m30 5sma.. lets see.... if it continues to tank .. i could be wrong.. lol

thanks for the insight guys...i m holding two mini;s now
  • #133,415
  • Nov 7, 2008 10:01am Nov 7, 2008 10:01am
Quoting Serendipity
whats your S/L like for the shorts?

I don't have one in place yet as remember, I'm shorting potentially all the way up to 158.25 If I were to get filled all the way up to there though, it would probably be something like 159.60 or so
check out my blog: forexmademillionaire dot com
  • #133,416
  • Nov 7, 2008 10:01am Nov 7, 2008 10:01am
IMO, we will see a lot of selling by the end of today as investors will close all of their positions before the weekend. DOW will be in red after all the negative reports by its close.
Do not follow my trades. Trade what you see on your own charts.
  • #133,417
  • Nov 7, 2008 10:02am Nov 7, 2008 10:02am
Quoting Geppy
I don't have one in place yet as remember, I'm shorting potentially all the way up to 158.25 If I were to get filled all the way up to there though, it would probably be something like 159.60 or so
no SL??
  • #133,418
  • Nov 7, 2008 10:02am Nov 7, 2008 10:02am
price has been sold above fibo 74%
good sign for bears watch 154-15380 area (ema 50)

im preparing for shorting on every correction moves
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  • #133,419
  • Nov 7, 2008 10:03am Nov 7, 2008 10:03am
Quoting TraderStar
Thanks for that explanation Islander, it helps me understand better.
You're welcome - its a two way street - it helps me to think things through..
Trading Levels with WRBs
  • #133,420
  • Nov 7, 2008 10:03am Nov 7, 2008 10:03am
Quoting Obaidah
i had to report this, you've been asked several times to post reasons for your positions and you're not responding, this thread is for learning and posting no reasons for your positions make you breaking rules,

sorry buddy..
I just put him on ignore.
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