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

  • #141,621
  • Nov 24, 2008 7:28am Nov 24, 2008 7:28am
this is why we have stalled

please put them back on so we can get moving again
Timing is everything
  • #141,622
  • Nov 24, 2008 7:30am Nov 24, 2008 7:30am
Quoting karmostaji
I opened a short from 144 with stop at 145, risk 1%

Let's see where we go from here..
Am with you
  • #141,623
  • Nov 24, 2008 7:31am Nov 24, 2008 7:31am
Quoting karmostaji
I opened a short from 144 with stop at 145, risk 1%

Let's see where we go from here..
Well, if DOW rallies up at opening, I think it will get hit, but it may tank and hit your target what ever it is
  • #141,624
  • Nov 24, 2008 7:31am Nov 24, 2008 7:31am
Quoting kbrown
15min QQE60 crossing UP at this level could trigger a rally to 144.93/146.28 in the london session provided we have a 1hr close above 142.83.
Keeping an eye on the prize. I said london, but better late than never.
Learning never ends.
  • #141,625
  • Nov 24, 2008 7:32am Nov 24, 2008 7:32am
Quoting Dr.Geppynius
forexer, nothing against the direction which was coirrect of course, but the timing was pretty unlucky. you entered long after supply hit the market which hit it sideways, even made it retrace a bit. this can be 30p underwater, but also could have been a 100-200p retrace and when the price begins to drop after heavy sell orders hitting it, the momentum will also begin to change the direction and follow price, beginning in the 1tick chart up to the 4h momentum, which will take some time to realize that we are heading down


i admit that my strategy is way too aggressive and that why i put a warning on every single post or call cuz if anyone want to follow my trades it will be at his/her own risk

it's true that the entries i take could be little bit late and that is the way the momentum trading works.

but my strategy depends on the levels which the price is most likely to accelerate the move.
I always knew that someday I would make it big
  • #141,626
  • Nov 24, 2008 7:37am Nov 24, 2008 7:37am
i'm with karmo on that short, i also tried one at 143.90 with a 50 pip SL.
  • #141,627
  • Nov 24, 2008 7:38am Nov 24, 2008 7:38am
Quoting lilmoe
i'm with karmo on that short, i also tried one at 143.90 with a 50 pip SL.
also with karmo's yards, closed first half at .50. rest trailed down to .70
  • #141,628
  • Nov 24, 2008 7:42am Nov 24, 2008 7:42am
WOW..

KARMO for PRESIDENT !!!

  • #141,629
  • Nov 24, 2008 7:43am Nov 24, 2008 7:43am
Quoting forexer
i admit that my strategy is way too aggressive and that why i put a warning on every single post or call cuz if anyone want to follow my trades it will be at his/her own risk

it's true that the entries i take could be little bit late and that is the way the momentum trading works.

but my strategy depends on the levels which the price is most likely to accelerate the move.
hey i like your style. that trade i told you was dangerous i actually tried to trade there as well. i got a requote and didn't do it. i always click no for requotes. i like when you post your trades. people don't have to follow them it's ignorant to copy someone elses trades but if they see the same thing that's what's cool. *trade entry is only half the trade, a trader should always have an exit plan and a what if things don't work out.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #141,630
  • Nov 24, 2008 7:45am Nov 24, 2008 7:45am
Quoting lilmoe
i'm with karmo on that short, i also tried one at 143.90 with a 50 pip SL.
Hello lilmoe...is that bearish div ont he 15m?
  • #141,631
  • Nov 24, 2008 7:46am Nov 24, 2008 7:46am
143,50 plays now like support..hope it will break..I also opened short at 143,85 and close one already, second hope will break it.
  • #141,632
  • Nov 24, 2008 7:46am Nov 24, 2008 7:46am
If price gets back below 4h gann, I'll be screaming below 139 and will start all kinds of bets against malcolmb

Trade what you see, not what you think.
  • #141,633
  • Nov 24, 2008 7:46am Nov 24, 2008 7:46am
Quoting PipChick
Hello lilmoe...is that bearish div ont he 15m?
Yes PC
  • #141,634
  • Nov 24, 2008 7:47am Nov 24, 2008 7:47am
Quoting PipChick
Hello lilmoe...is that bearish div ont he 15m?
yep, a minor one. the bearish divergence on 1h seems to be a bit stronger though

how's it going girl?
  • #141,635
  • Nov 24, 2008 7:47am Nov 24, 2008 7:47am
Quoting Piters
Yes PC
TY Lilmoe. I was reading your posts on divergences.
  • #141,636
  • Nov 24, 2008 7:47am Nov 24, 2008 7:47am
I had to drill down to my 1 min chart to find a confirmation for a small short - but I took it..swissy's bounced up off its 61.8% retrace and is holding its 2100 level - helps with the bermudas.....http://www.forexfactory.com/images/icons/icon12.gif
Trading Levels with WRBs
  • #141,637
  • Nov 24, 2008 7:48am Nov 24, 2008 7:48am
Quoting lilmoe
yep, a minor one. the bearish divergence on 1h seems to be a bit stronger though

how's it going girl?
Goin great Lilmoe! Thanks for asking!
  • #141,638
  • Nov 24, 2008 7:49am Nov 24, 2008 7:49am
well i'm off to another thread lol. just be around the corner. i want to learn how to code.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #141,639
  • Nov 24, 2008 7:50am Nov 24, 2008 7:50am
Quoting Gull
this is why we have stalled

please put them back on so we can get moving again
lol

break 144 , opens that 146.5.

YM seems to be forming a bull flag for now .... depends on how bad the housing data is 30 min after market opens , as to weather we can break 144 zone and move to 144.7 / 146.1 / 147 based on fe's I plotted on a 15 min chart and posted last night

the 143.92 level is the 78.6 fe of that 1-2-3 buy and a move above that for sure will get us to 100 fe at 144.71
Blogging daily now at www.volume.zone
  • #141,640
  • Nov 24, 2008 7:54am Nov 24, 2008 7:54am
Quoting Islander
I had to drill down to my 1 min chart to find a confirmation for a small short - but I took it..swissy's bounced up off its 61.8% retrace and is holding its 2100 level - helps with the bermudas.....http://www.forexfactory.com/images/icons/icon12.gif
Out for a few pips....higher low on 1m and UJ's back under 2100....
Trading Levels with WRBs
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