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

  • #138,741
  • Nov 19, 2008 8:44am Nov 19, 2008 8:44am
Quoting Dr.Geppynius
LOL don't do that, you wanna burn money??

why do you guys think of buying after price has rallied a long way?
It's human nature

Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #138,742
  • Nov 19, 2008 8:44am Nov 19, 2008 8:44am
Quoting Skywardbr
i had 30pips sl with the perspective to make 100+ if it kept the move, i made an analisys on m30 h1 h4 d1 with lots of fibos, trendlines and always reading here. Maybe a bad move, but im certainly wont go broke with so much effort on every trade i make.
  • #138,743
  • Nov 19, 2008 8:46am Nov 19, 2008 8:46am
i closed another portion of my longs at 147.60

one for 300 pips and another for 250

lots of pips in the bag today.... sorry bears
  • #138,744
  • Nov 19, 2008 8:46am Nov 19, 2008 8:46am
Quoting Dr.Geppynius
yeah sure. it was a pretty bad idea. you should be in BEFORE the move. this was a lucky shot and sure way to og broke if you do it every time. very risky but no punishment this time.

Please, don't be too violent in dishing out your punishment!!!
  • #138,745
  • Nov 19, 2008 8:47am Nov 19, 2008 8:47am
Quoting Skywardbr
i had 30pips sl with the perspective to make 100+ if it kept the move, i made an analisys on m30 h1 h4 d1 with lots of fibos, trendlines and always reading here. Maybe a bad move, but im certainly wont go broke with so much effort on every trade i make.
good luck.
  • #138,746
  • Nov 19, 2008 8:47am Nov 19, 2008 8:47am
Quoting pipidiot
What do you guys think is a good area to short this one ?
147.60 short scalp
  • #138,747
  • Nov 19, 2008 8:47am Nov 19, 2008 8:47am
Quoting Dr.Geppynius
yeah sure. it was a pretty bad idea. you should be in BEFORE the move. this was a lucky shot and sure way to og broke if you do it every time. very risky but no punishment this time.
So true. Luck can play a very important part in a trades strategy. It can also punish you. I'll be the first to admit, I've had a few lucky break. I always ways say, "Its better to have a plan and stick with it. Quit while you're ahead. Barring any Fu@k$ ups, Im leaving it all behind".
  • #138,748
  • Nov 19, 2008 8:47am Nov 19, 2008 8:47am
Quoting pipidiot
What do you guys think is a good area to short this one ?
147.85 would been a decent bet off the daily R2

too late now
  • #138,749
  • Nov 19, 2008 8:48am Nov 19, 2008 8:48am
Bullish Continuation Pattern at H1. We will know after H1 Candle close.
Attached Image (click to enlarge)
Click to Enlarge Name: bcp.gif Size: 27 KB
  • #138,750
  • Nov 19, 2008 8:49am Nov 19, 2008 8:49am
Quoting lilmoe
i closed another portion of my longs at 147.60

one for 300 pips and another for 250

lots of pips in the bag today.... sorry bears
lol .. I closed mine +200 and +275 ..... to early

where is karmo ... he is quiet ...lol
Blogging daily now at www.volume.zone
  • #138,751
  • Nov 19, 2008 8:50am Nov 19, 2008 8:50am
Quoting PandoraBox
Bullish Continuation Pattern at H1. We will know after H1 Candle close.
  • #138,752
  • Nov 19, 2008 8:51am Nov 19, 2008 8:51am
Quoting malcolmb14
lol .. I closed mine +200 and +275 ..... to early

where is karmo ... he is quiet ...lol
he is not in any trade.
  • #138,753
  • Nov 19, 2008 8:51am Nov 19, 2008 8:51am
Quoting Jhig
So true. Luck can play a very important part in a trades strategy. It can also punish you. I'll be the first to admit, I've had a few lucky break. I always ways say, "Its better to have a plan and stick with it. Quit while you're ahead. Barring any Fu@k$ ups, Im leaving it all behind".
the problem with luck on risky trades is, you might tend to get used to do such trades, as aspiring trader, if they work out but the time will come when gj gets you from behind...dry

i never touch such moves, i am ine before the move or i am OUT. if i see some tests of supply during the move i might consider entering, but not on a area of known resistance and after price has rallied 100 pips in a short period.
  • #138,754
  • Nov 19, 2008 8:53am Nov 19, 2008 8:53am
me too from 147.77, what is your TP?
Quoting Dr.Geppynius
147.60 short scalp
  • #138,755
  • Nov 19, 2008 8:54am Nov 19, 2008 8:54am
i think we need another push up to 148-148.20, bullish HD on 1m, i'll think about going for a short scalp when we get there.
  • #138,756
  • Nov 19, 2008 8:55am Nov 19, 2008 8:55am
Quoting malcolmb14
lol .. I closed mine +200 and +275 ..... to early

where is karmo ... he is quiet ...lol
busy punching holes in his screen, J/K
  • #138,757
  • Nov 19, 2008 8:56am Nov 19, 2008 8:56am
not saying by any means we hit 153 today but i think it will print.
1st Vertical line (2hrs from now) either gives us a retracement or another place to buy...will buy again at top of triangle formation and hope that this is not a false breakout.
Attached Image (click to enlarge)
Click to Enlarge Name: reversal 1-2.gif Size: 23 KB
  • #138,758
  • Nov 19, 2008 8:56am Nov 19, 2008 8:56am
Quoting Klockmann
me too from 147.77, what is your TP?

i don't use targets. stop just trailed to +40. 147.20. i see some buyers stepping in- might be enough to continue up.
  • #138,759
  • Nov 19, 2008 8:58am Nov 19, 2008 8:58am
Quoting malcolmb14
lol .. I closed mine +200 and +275 ..... to early

where is karmo ... he is quiet ...lol

Closed out +240 and +156 Yeah BULLS WIN that round!
  • #138,760
  • Nov 19, 2008 9:01am Nov 19, 2008 9:01am
That's it for me fella's. Can't complain. Gotta go to school for my kid today. Teacher conference. Goodluck fella's
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