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

  • #137,521
  • Nov 17, 2008 2:38pm Nov 17, 2008 2:38pm
Quoting USTrader
G/Y down to @ 145.5. is this enough rest time for the bulls to get back on the horse?
food for thought.
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  • #137,522
  • Nov 17, 2008 2:42pm Nov 17, 2008 2:42pm
just made back -60 pips i lost this morning.
banked +63, rest @ be +1
  • #137,523
  • Nov 17, 2008 2:44pm Nov 17, 2008 2:44pm
Quoting pkimnyc
food for thought.
looking good for a m15 breakout target.
  • #137,524
  • Nov 17, 2008 2:45pm Nov 17, 2008 2:45pm
if we break out now, m30 will form a bullish HD, so the first breakout might be a false one.
  • #137,525
  • Nov 17, 2008 2:52pm Nov 17, 2008 2:52pm
Quoting USTrader
Try this....
http://www.swing-trade-stocks.com/fi...racements.html

Easy to understand video clip.
Thanks!
  • #137,526
  • Nov 17, 2008 2:52pm Nov 17, 2008 2:52pm
Quoting lilmoe
if we break out now, m30 will form a bullish HD, so the first breakout might be a false one.
yes, i agree. keeping the sl @ be. free trade for me.
don't you think this pattern looks a lot like the summer rally we've just had for 5 months (daily chart)?
  • #137,527
  • Nov 17, 2008 2:52pm Nov 17, 2008 2:52pm
Quoting pkimnyc
food for thought.
Thanks!

I had a buy limit at 145.25 that I thought may not get filled. But it did and looking to follow the bulls up to @ 146.25.

Paying close attention trying not to get trampled!
  • #137,528
  • Nov 17, 2008 2:54pm Nov 17, 2008 2:54pm
Quoting ArEmIk
Thanks!
No prob...
  • #137,529
  • Nov 17, 2008 2:55pm Nov 17, 2008 2:55pm
Quoting pkimnyc
yes, i agree. keeping the sl @ be. free trade for me.
don't you think this pattern looks a lot like the summer rally we've just had for 5 months (daily chart)?
very similar yes. that sucker had LOTS of false breakouts (daily)
  • #137,530
  • Nov 17, 2008 2:56pm Nov 17, 2008 2:56pm
Quoting lilmoe
very similar yes. that sucker had LOTS of false breakouts (daily)
lol
  • #137,531
  • Nov 17, 2008 2:57pm Nov 17, 2008 2:57pm
TL Broken ?
  • #137,532
  • Nov 17, 2008 2:57pm Nov 17, 2008 2:57pm
go baby~
  • #137,533
  • Nov 17, 2008 3:00pm Nov 17, 2008 3:00pm
Quoting pkimnyc
go baby~
+100 pips banked.

1 position left to go.
  • #137,534
  • Nov 17, 2008 3:00pm Nov 17, 2008 3:00pm
Quoting USTrader
Thanks!

I had a buy limit at 145.25 that I thought may not get filled. But it did and looking to follow the bulls up to @ 146.25.

Paying close attention trying not to get trampled!
DOW -230
  • #137,535
  • Nov 17, 2008 3:01pm Nov 17, 2008 3:01pm
Quoting pkimnyc
go baby~
I swear we trade the same way. I longed to 146.10, reversed, and have caught this one too!
What's that smell?
  • #137,536
  • Nov 17, 2008 3:01pm Nov 17, 2008 3:01pm
Quoting pipidiot
TL Broken ?
144.58 needs to be taken out.
  • #137,537
  • Nov 17, 2008 3:02pm Nov 17, 2008 3:02pm
Quoting jon clogger
I swear we trade the same way. I longed to 146.10, reversed, and have caught this one too!
congrats bro.
  • #137,538
  • Nov 17, 2008 3:03pm Nov 17, 2008 3:03pm
lol told you 146 is tough to crack
Trade what you see, not what you think.
  • #137,539
  • Nov 17, 2008 3:07pm Nov 17, 2008 3:07pm
triple top on 1h, I wouldn't be surprised if the next leg down was from here.
Trade what you see, not what you think.
  • #137,540
  • Nov 17, 2008 3:09pm Nov 17, 2008 3:09pm
added another small long here at .65 with a 60 pip stop.
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