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

  • #141,341
  • Nov 23, 2008 9:47pm Nov 23, 2008 9:47pm
Quoting pipsbull
I am currently long from 141,6 with a sl below the trend line @ the early 141. Also price formed a hammer on 15min - bullish
Yes next 15 mins candle is form, showing bullish. may i know where is ur tp?
Read the entire market, money is made on the main trend not the fluctuation
  • #141,342
  • Nov 23, 2008 9:54pm Nov 23, 2008 9:54pm
Quoting Kofmaster
Yes next 15 mins candle is form, showing bullish. may i know where is ur tp?
I will wath the PA till the Frankfurt. Because it is going to be clearer when Frankfurt step in, as of now no volume(Asia on vacation) And also I'm uncertain if the "big brother" is satisfied with the current level and in about 2hr will step in the other players with the decision.
But there are some levels:
like 148,5 which is 0,382 retracement from move 165,22-137,8 and the same level can give us the inverted h&S
but firstly is 144,6 - 4h 5o ema - important one
  • #141,343
  • Nov 23, 2008 10:10pm Nov 23, 2008 10:10pm
There should be fireworks around the corner. The Senior Members were mentioning for pros willing to get the price as high as possible to load new shorts. Absolutely agree with that!
  • #141,344
  • Nov 23, 2008 10:11pm Nov 23, 2008 10:11pm
Quoting pkimnyc
according to your count, it should be like this. ABC or any triangle.

this is what i am hoping to play out. 4hr chart.
looks like a triangle.... let's see if she plunges.
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  • #141,345
  • Nov 23, 2008 10:15pm Nov 23, 2008 10:15pm
British Pound vs Japanese Yen Decline from 143.65 session high seen as technical in nature, with that level cited as strong support for much of last week
  • #141,346
  • Nov 23, 2008 10:16pm Nov 23, 2008 10:16pm

Can also be a flag formation

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  • #141,347
  • Nov 23, 2008 10:23pm Nov 23, 2008 10:23pm
Quoting cry2nite
British Pound vs Japanese Yen Decline from 143.65 session high seen as technical in nature, with that level cited as strong support for much of last week
Actually, price made higher high and higher low on 15 min, wich is technically in nature supposed to be bullish. Why are calling 143,65 as a strong resistant? Even though u wrote support
  • #141,348
  • Nov 23, 2008 10:24pm Nov 23, 2008 10:24pm
Quoting pipsbull

Can also be a flag formation

leaning more towards the flag atm. will see.
  • #141,349
  • Nov 23, 2008 10:29pm Nov 23, 2008 10:29pm
Quoting pkimnyc
leaning more towards the flag atm. will see.
Yea, man, but I read all the statements for the weekend and there were lots of good reasons for g/j to go higher. Why not? Let's whatch.
I also keep in mind the time factor, and if the price won't fly high during London or Us session, I may exit
  • #141,350
  • Nov 23, 2008 10:30pm Nov 23, 2008 10:30pm
Quoting pipsbull
Yea, man, but I read all the statements for the weekend and there were lots of good reasons for g/j to go higher. Why not? Let's whatch.
I also keep in mind the time factor, and if the price won't fly high during London or Us session, I may exit
  • #141,351
  • Nov 23, 2008 10:36pm Nov 23, 2008 10:36pm
In my technique, it is all about good entries with a safe risk to reward.
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  • #141,352
  • Nov 23, 2008 10:37pm Nov 23, 2008 10:37pm
Quoting pkimnyc
Dude, I may look dummmy but where can I get those handsome signs(smiles)
  • #141,353
  • Nov 23, 2008 10:38pm Nov 23, 2008 10:38pm
Nikkei is up big. I think Geppy has a chance to re-test today's high again or higher ..
  • #141,354
  • Nov 23, 2008 10:45pm Nov 23, 2008 10:45pm
Quoting mktjong
Nikkei is up big. I think Geppy has a chance to re-test today's high again or higher ..
NK is closed today. What you're seeing is +207.75 from friday
  • #141,355
  • Nov 23, 2008 10:47pm Nov 23, 2008 10:47pm
That;s it for me. This old guy has got to sleep now. i closed all my positions with a good gain for tonite.


see you guys.
  • #141,356
  • Nov 23, 2008 10:47pm Nov 23, 2008 10:47pm
Quoting Eulogy
NK is closed today. What you're seeing is +207.75 from friday
oppss .. I guess you're right .. ahhaha
  • #141,357
  • Nov 23, 2008 10:48pm Nov 23, 2008 10:48pm
Quoting pipsbull
Dude, I may look dummmy but where can I get those handsome signs(smiles)
here.
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  • #141,358
  • Nov 23, 2008 10:49pm Nov 23, 2008 10:49pm
Quoting Eulogy
NK is closed today. What you're seeing is +207.75 from friday
That's what I thought, but even if it closed and somebody says it is up big time helping my position......sounds g00d........lol
  • #141,359
  • Nov 23, 2008 10:49pm Nov 23, 2008 10:49pm
Quoting ovaforty
That;s it for me. This old guy has got to sleep now. i closed all my positions with a good gain for tonite.


see you guys.
gn bro.
  • #141,360
  • Nov 23, 2008 10:50pm Nov 23, 2008 10:50pm
Quoting Petefaders
Hey all:
My buddy is locked out of FXCM right now. He's in a loosing trade. They are having "technical difficulties" and told him they can't close it...it's really messed up.
I'm wondering if it is typical to have the money returned to your account in a case like this (completely the brokers fault). If so (or not ) let me know, and I will pass info along to my buddy...he's REALLY pissed off.
THANKS.
This is typical of FXCM. I closed my main account with them a year ago for screwing me on several trades. It was blatant. They added a price spike all of their own to take out my stop loss on a short. Funny part is, that trade station and my MT4 demo account never showed the spike. That one cost me about $2k.

They were recently giving out free micro accounts with a balance of $50 and I took one for my fiance to practice with and she's had the experience of being locked out of her account with a live trade. She doubled her account balance and then was mysteriously locked out until she lost most of her gains(yes she was overleveraged, but that's another story). FXCM is a very dishonest company and I would recommend removing any funds that are deposited with them.
Just when you think you've figured it all out, the picture changes....
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