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

  • #140,621
  • Nov 21, 2008 7:04am Nov 21, 2008 7:04am
i have my first take profits there
Timing is everything
  • #140,622
  • Nov 21, 2008 7:06am Nov 21, 2008 7:06am
hey 138.50 i m coming
  • #140,623
  • Nov 21, 2008 7:08am Nov 21, 2008 7:08am
Quoting Gull
i have my first take profits there
lol hope? u like it if other's are losing?
strange mindset.

i don't think there somebody holding any longs yet. if so, bad.

xoiper. sure. this goes straight down to 138.50. market opened 30m ago and u bellieve in the ongoing drop...lol.

patience...retracement will be over some time.
  • #140,624
  • Nov 21, 2008 7:08am Nov 21, 2008 7:08am
Quoting Islander
WOW - so you INCREASED your risk -

Newbies please take note that you should NEVER INCREASE the size of your stop loss - only ever reduce / tighten it.

Edit: check forexer's handle - it says it all - good luck with your trade.....

hi Islander,


how is my trade now? i think it's doing great after i raised my S/L

no i didn't increase my risk my risk fits my strategy very well 2% to a maximum 5% for more aggressive trades i take.

didn't you read my title ? i'm sayin it again (I'M AGGRESSIVE SPECULATOR ) risk taker AND THAT IS WHO I'M
I always knew that someday I would make it big
  • #140,625
  • Nov 21, 2008 7:09am Nov 21, 2008 7:09am
long at m30 50ema SL 50pips
  • #140,626
  • Nov 21, 2008 7:12am Nov 21, 2008 7:12am
Quoting moneybookers
long at m30 50ema SL 50pips
early but possible rewarding. even 2m has not closed below the last low and you have decent buying behind you and it looks like short term dryup of selling. trail stops
  • #140,627
  • Nov 21, 2008 7:15am Nov 21, 2008 7:15am
Quoting Dr.Geppynius
early but possible rewarding. even 2m has not closed below the last low and you have decent buying behind you and it looks like short term dryup of selling. trail stops
s&P will make intraday high,so will carry trade today.
  • #140,628
  • Nov 21, 2008 7:16am Nov 21, 2008 7:16am
Quoting xoiper
hey 138.50 i m coming
not necessarily.

as long as the ten year treasury note is staying bullish during US session,
we see a choppy sideway movement. If it turns bearish: "all in"

But I think choppy, sideway today.
Attached Image
  • #140,629
  • Nov 21, 2008 7:16am Nov 21, 2008 7:16am
Quoting Dr.Geppynius
early but possible rewarding. even 2m has not closed below the last low and you have decent buying behind you and it looks like short term dryup of selling. trail stops
14025 area shall be better long entry
  • #140,630
  • Nov 21, 2008 7:16am Nov 21, 2008 7:16am
http://www.doske.com/fx/snapshot-220.png
  • #140,631
  • Nov 21, 2008 7:17am Nov 21, 2008 7:17am
same here 141,79
Quoting Dmac
short 141.84
  • #140,632
  • Nov 21, 2008 7:21am Nov 21, 2008 7:21am
I have heard as well as noticed that if future Dow at whetever level is before the NY stocks opens, it always tries retrace to zero level after NY Stocks opens and then it will figure out where it will go next. Same thing happened today.
I think we would see another shot to the upside and then consolidates.
  • #140,633
  • Nov 21, 2008 7:21am Nov 21, 2008 7:21am
Quoting moneybookers
s&P will make intraday high,so will carry trade today.
agree to futures highs. seeing ym at possible 7800+ area
  • #140,634
  • Nov 21, 2008 7:21am Nov 21, 2008 7:21am
Quoting capetown
same here 141,79
tighten your SL,we are going higher driven by stock
  • #140,635
  • Nov 21, 2008 7:23am Nov 21, 2008 7:23am
words of the wise. lots of off days in the market next week. crazy things can happen.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #140,636
  • Nov 21, 2008 7:24am Nov 21, 2008 7:24am
I vote for higher.

4hr chart is definitly in an up trend. This current down trend looks like a small retracement. Plan your trade. Watch you entry, tight stops/trailing stops, and wait for the retracement back down afterwards.
  • #140,637
  • Nov 21, 2008 7:24am Nov 21, 2008 7:24am
Quoting mktjong
I have heard as well as noticed that if future Dow at whetever level is before the NY stock opens, it always tries retarce to zero level and then it will figure where it will go next. Same thing happened today.
I think we would see another shot to the upside and then consolidates.
often enough you see the direction for the new day on the close of the previous day and could easily grab a few points during globex session.
  • #140,638
  • Nov 21, 2008 7:26am Nov 21, 2008 7:26am
nice to dance with the trend..even am using stupid rsi..ahaks..manage to get almost 300pips+ with M5....ranging almost 100pips in the last 3 hrs...
  • #140,639
  • Nov 21, 2008 7:26am Nov 21, 2008 7:26am
Quoting forexer
have just shorted the pair at 142.00 targeting 140.70

warning: don't follow me i'm speculating aggressively

Market is getting dangerous

just booked 70 pips profits ,short position is closed at 141.30 due to lack of downward momentum i had to close the trade and accepting whatever the Market is willing to give me.

now it's time to quit trading till next week ,hope you all having nice weekend
I always knew that someday I would make it big
  • #140,640
  • Nov 21, 2008 7:27am Nov 21, 2008 7:27am
Quoting england33
words of the wise. lots of off days in the market next week. crazy things can happen.
I totally agree. I try and take full advantage of a holidays trades. Lots of fast ups and downs. Short term/scalping trades only
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