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

  • #133,861
  • Nov 10, 2008 8:15am Nov 10, 2008 8:15am
Quoting Islander
Took partials on the first 100 pips down to the 55.50 level - will sell those again after the bounce
Probably see a retest of the TL as resistance I'd think. Probably a good place to enter more shorts.
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  • #133,862
  • Nov 10, 2008 8:17am Nov 10, 2008 8:17am
Quoting Geppy
Significant break of 99.00 right there in U/J
Bullish day today imvho
Patience + Humility + Study = Success
  • #133,863
  • Nov 10, 2008 8:21am Nov 10, 2008 8:21am
Quoting karmostaji
Who are you?
He's a new troublemaker karmo, an arrogant type who says he is never wrong, makes calls but does not explain adequately why he makes them and puts down everyone who makes any comment that he perceives as disagreeing with him.
He made one OK call on Thursday night so far. Now he is putting down Malcolmb for trading with the immediate trend, although M is providing plenty of reasons why he is doing so.
Good calls or not, I am about to put him on ignore.
Arrogance does not sit well with me, in my experience the most successful traders are usually humble and willing to help others ... like you, malcolmb, lilmoe, geoffrey and several others in there.
  • #133,864
  • Nov 10, 2008 8:21am Nov 10, 2008 8:21am
Quoting Geppy
Probably see a retest of the TL as resistance I'd think. Probably a good place to enter more shorts.
Agreed - its also around a 50% retrace of that fall, a 100 level and my 1m 34 ema.....TWT
Trading Levels with WRBs
  • #133,865
  • Nov 10, 2008 8:24am Nov 10, 2008 8:24am
Quoting TraderStar
He's a new troublemaker karmo, an arrogant type who says he is never wrong, makes calls but does not explain adequately why he makes them and puts down everyone who makes any comment that he perceives as disagreeing with him.
He made one OK call on Thursday night so far. Now he is putting down Malcolmb for trading with the immediate trend, although M is providing plenty of reasons why he is doing so.
Good calls or not, I am about to put him on ignore.
Arrogance does not sit well with me, in my experience the most successful traders are usually humble and willing to help others ... like you, malcolmb, lilmoe, geoffrey and several others in there.
He made my ignore list earlier, people should congratulate him lol
Trade what you see, not what you think.
  • #133,866
  • Nov 10, 2008 8:26am Nov 10, 2008 8:26am
Quoting DutchTrader
Bullish day today imvho
DJ is set to go to 9550
GY is set to breakout to UP side and finish ABC retracement FE100 @ 175
UY us bulish



BTW, we are maybe (byt maybe) at the bottom for now..

http://www.doske.com/fx/snapshot-205.png
  • #133,867
  • Nov 10, 2008 8:27am Nov 10, 2008 8:27am
Quoting DutchTrader
Bullish day today imvho
The only thing that may prop up U/J today are the equity markets. It may prop it up today or tomorrow, but conditions are still terrible and I believe it's just a matter of time before Friday's rally (and today's potential rally) get erased.
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  • #133,868
  • Nov 10, 2008 8:29am Nov 10, 2008 8:29am
Quoting karmostaji
He made my ignore list earlier, people should congratulate him lol
Yeah on mine as well now, back to business cowboy .. get back on your hoss!
  • #133,869
  • Nov 10, 2008 8:29am Nov 10, 2008 8:29am
Quoting karmostaji
He made my ignore list earlier, people should congratulate him lol
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  • #133,870
  • Nov 10, 2008 8:30am Nov 10, 2008 8:30am
Everyone short that pop up?
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  • #133,871
  • Nov 10, 2008 8:31am Nov 10, 2008 8:31am
A few hours ago, i discover from my old account that I have one old UJ position that i didn't close since Sep. It was open short @ 107.53.

What do u guys think about closing this position now ? Or should i wait for break of 100 to close it ? UJ got more to go down ?
  • #133,872
  • Nov 10, 2008 8:35am Nov 10, 2008 8:35am
Quoting forexisfx
A few hours ago, i discover from my old account that I have one old UJ position that i didn't close since Sep. It was open short @ 107.53.

What do u guys think about closing this position now ? Or should i wait for break of 100 to close it ? UJ got more to go down ?
only if i've known
I recommend you read something else as this sentence is now concluded.
  • #133,873
  • Nov 10, 2008 8:35am Nov 10, 2008 8:35am
Quoting forexisfx
A few hours ago, i discover from my old account that I have one old UJ position that i didn't close since Sep. It was open short @ 107.53.

What do u guys think about closing this position now ? Or should i wait for break of 100 to close it ? UJ got more to go down ?
LOL, that's hilarious... nice little surprise! I would personally keep it open, I think the next leg in U/J is down to 95.00 or so, maybe put a stop loss in at 100.00
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  • #133,874
  • Nov 10, 2008 8:38am Nov 10, 2008 8:38am
i was very surprise when i saw that. If i discover it earlier, i would have close it on Oct and take the money. Anyway, that old account lose 50%, this position only helps to clear a little bit of it. I was thinking that it will at least close the gap and return to 98.
  • #133,875
  • Nov 10, 2008 8:41am Nov 10, 2008 8:41am
Quoting forexisfx
A few hours ago, i discover from my old account that I have one old UJ position that i didn't close since Sep. It was open short @ 107.53.

What do u guys think about closing this position now ? Or should i wait for break of 100 to close it ? UJ got more to go down ?
BRO, Take a profit, you can REENTER ANYTIME,,, for your INFO, You can wait Any of those BREAKOUTS, to UP or to DOWNSIDE>..

PLEASE PROTECT your Capital, And don't listen any amateurs HERE !!!

http://www.doske.com/fx/snapshot-206.png
  • #133,876
  • Nov 10, 2008 8:45am Nov 10, 2008 8:45am
Quoting Piters
BRO, Take a profit, you can REENTER ANYTIME,,, for your INFO, You can wait Any of those BREAKOUTS, to UP or to DOWNSIDE>..

PLEASE PROTECT your Capital, And don't listen any amaters HERE !!!
If i close it, i don't enter again becoz that position is entered based on, i don't know what system.

I don't trade UJ on the system I am using now. So, it's like a one time thing. If this is your last position u will ever trade on UJ what will u do ?
  • #133,877
  • Nov 10, 2008 8:45am Nov 10, 2008 8:45am
Quoting forexisfx
If i close it, i don't enter again becoz that position is entered based on, i don't know what system.

I don't trade UJ on the system I am using now.
take the money, have a nice dinner. mate...

all the best!!!
  • #133,878
  • Nov 10, 2008 8:50am Nov 10, 2008 8:50am
Quoting Piters
take the money, have a nice dinner. mate...

all the best!!!
or better said, let your profits run, cut your losses short. Take a look on the monthly chart, UY is going down to at least 90. WHy would you close such a nice position now. As someone here said, put an SL at 100 or 101 and let it go down more. You will be even more happier in December
Market can stay irrational longer than you can stay solvent.
  • #133,879
  • Nov 10, 2008 8:51am Nov 10, 2008 8:51am
I feel like i am gambling on UJ right now (which is not good).

Anyways, DOWN DOWN DOWN UJ !

  • #133,880
  • Nov 10, 2008 8:53am Nov 10, 2008 8:53am
mmmmm... I love this part
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