Auslanco - GBP/JPY and GBP/USD (newstrade)
- #142,382
- Nov 25, 2008 3:57am Nov 25, 2008 3:57am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
interesting
but the only way i'll go short now, is if the bullish HD on 1h is broken, or if we reach the daily breakout target. i don't think shorts are safe as of yet, not at this level at least.
there is a 2 counts, one is saying that we just reached wave2 and we are heading down, and the alternative one is that this pullback or retrace from Asia is actualy wave4, and we are looking for another extension to TOP side..
I need some more bars, to be sure, but so far that it is..
we bounced from 50ema, and we have a lot of support lines to break, I am just playing between the fibos, on scalping mode..
- #142,383
- Nov 25, 2008 3:58am Nov 25, 2008 3:58am
- Joined Oct 2007 | Status: Counter Trend, but not always! | 2,147 Posts
stopped me out at b/e and right there dropped back down again 
reentered short (scalp) at 145.22 and sl now at b/e.
reentered short (scalp) at 145.22 and sl now at b/e.
Discipline + Patience - Fear - Greed = Success
- #142,384
- Nov 25, 2008 3:59am Nov 25, 2008 3:59am
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
oh baby...
Reason why i'm short apart from the point that almost without fail we get a turnaround on tuesdays.
My chart is suggessting a retest on the Red line then a possible bounce to the blue line if price remains above the red line.
I use this chart mainly to enter long term trades but i'm adapting my style with your help to trade intra-day.
The blue and red line mainly act as resistance and support
Reason why i'm short apart from the point that almost without fail we get a turnaround on tuesdays.My chart is suggessting a retest on the Red line then a possible bounce to the blue line if price remains above the red line.
I use this chart mainly to enter long term trades but i'm adapting my style with your help to trade intra-day.
The blue and red line mainly act as resistance and support
- #142,385
- Nov 25, 2008 3:59am Nov 25, 2008 3:59am
- | Joined Apr 2008 | Status: Lets Hunt The Treasure | 102 Posts
pros, bigboys, market maker
just lucky to see it earlier....sorry to make u all busy in the weekend...
thanks for all your input lillmoe, malcomb, karmo, dr G n all senior
Take care n goodluck to all
just lucky to see it earlier....sorry to make u all busy in the weekend...
thanks for all your input lillmoe, malcomb, karmo, dr G n all senior
Take care n goodluck to all
- #142,386
- Nov 25, 2008 4:01am Nov 25, 2008 4:01am
- | Commercial User | Joined Dec 2007 | 1,089 Posts
Did short from Daily pivot 145,40
went down..but is it in Your charts 4H chhart 50EMA to hold it before more down???
went down..but is it in Your charts 4H chhart 50EMA to hold it before more down???
stopped me out at b/e and right there dropped back down again
reentered short (scalp) at 145.22 and sl now at b/e.
- #142,387
- Nov 25, 2008 4:03am Nov 25, 2008 4:03am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
of course patience works
would have banked me 150 pips on the short i knew it would happen...
- #142,390
- Nov 25, 2008 4:12am Nov 25, 2008 4:12am
- | Commercial User | Joined Dec 2007 | 1,089 Posts
vamos companeros BULLS
4hr 50ema acting as support at the moment....
Come on bulls...
- #142,391
- Nov 25, 2008 4:14am Nov 25, 2008 4:14am
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
I'm in short 145.30
TP: 143
SL: 100 pips
This is looking more and more like an emotional trade. So i'm in baby
oh baby..happy pipping
- #142,392
- Nov 25, 2008 4:15am Nov 25, 2008 4:15am
- Joined Oct 2007 | Status: Counter Trend, but not always! | 2,147 Posts
Discipline + Patience - Fear - Greed = Success
- #142,393
- Nov 25, 2008 4:17am Nov 25, 2008 4:17am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #142,395
- Nov 25, 2008 4:19am Nov 25, 2008 4:19am
- | Commercial User | Joined Dec 2007 | 1,089 Posts
FEAR I close it at 144,70 
now has exactly going down..
I may open trade..go away for nice cold drink and come back, damm..maybe my new strategy..
I know not recommended by anybody
just talk when You close something and it continue
now has exactly going down..
I may open trade..go away for nice cold drink and come back, damm..maybe my new strategy..
I know not recommended by anybody
just talk when You close something and it continue
I think H1 50 EMA is going more likely to hold the price for a while. actually 144.30 is my short target now. If H4 50 EMA now (144.77) gives up then we will see more down move.
Just follow chart. It's better not to be biased. I've lost enough forecasting the market.
- #142,398
- Nov 25, 2008 4:21am Nov 25, 2008 4:21am
- Joined May 2008 | Status: has long shorts | 2,584 Posts