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

  • #143,421
  • Nov 26, 2008 10:43am Nov 26, 2008 10:43am
Piters, I am checking in some pairs and it works pretty well all that Fibs Extansions
I will post later on.
Thanks.
Drop on GY is really something..I had short on GU from pivot, but it went UP, hit my stop loss, now open again after it came back below pivot..close with proofit...
thanks again for fibs ,,,,
Quoting Piters
The FUN is just about to start.. H/S on GY

watch the Drop
  • #143,422
  • Nov 26, 2008 10:43am Nov 26, 2008 10:43am
Quoting karmostaji
picture quality is bad
But the diamond is very good...I think.
  • #143,423
  • Nov 26, 2008 10:44am Nov 26, 2008 10:44am
Quoting $teve
But the diamond is very good...I think.
cost? 5 pips?
Trade what you see, not what you think.
  • #143,424
  • Nov 26, 2008 10:44am Nov 26, 2008 10:44am
Quoting Piters
The FUN is just about to start.. H/S on GY

watch the Drop

146.50 is key .. was a lovely short earlier. Myself and Dr G took it .....

I took 150 pips off on half and move other half +75 for now. I am expecting drop to 143.65 today to test yesterdays low.

up move in dj to 8500 cannot be sustained today .....
Blogging daily now at www.volume.zone
  • #143,425
  • Nov 26, 2008 10:46am Nov 26, 2008 10:46am
I have 1,61 fibs on GU...
it is 1,5195???
Quoting capetown
Piters, I am checking in some pairs and it works pretty well all that Fibs Extansions
I will post later on.
Thanks.
Drop on GY is really something..I had short on GU from pivot, but it went UP, hit my stop loss, now open again after it came back below pivot..close with proofit...
thanks again for fibs ,,,,
  • #143,426
  • Nov 26, 2008 10:47am Nov 26, 2008 10:47am
Quoting capetown
Piters, I am checking in some pairs and it works pretty well all that Fibs Extansions
I will post later on.
Thanks.
Drop on GY is really something..I had short on GU from pivot, but it went UP, hit my stop loss, now open again after it came back below pivot..close with proofit...
thanks again for fibs ,,,,
YEP,

the levels for retracement I am using are:
FIBO 0.382
FIBO 0.618
FIBO 1.000

For FIB extensions:

FE 0.618
FE 1.000
FE 1.618

Those are my logical (projected) targets.. in all ABC moves
  • #143,427
  • Nov 26, 2008 10:48am Nov 26, 2008 10:48am
Quoting karmostaji
cost? 5 pips?
If each pip is 6,000,000 standard lots
  • #143,428
  • Nov 26, 2008 10:49am Nov 26, 2008 10:49am
Quoting karmostaji
I stick to my guns

Karmo

I agree with you .... I am not in bull territory any more .. not till the double top on 4 hr is worked out

15 min close under 145 say hello to 141.6.
Blogging daily now at www.volume.zone
  • #143,429
  • Nov 26, 2008 10:52am Nov 26, 2008 10:52am
Quoting malcolmb14
146.50 is key .. was a lovely short earlier. Myself and Dr G took it .....

I took 150 pips off on half and move other half +75 for now. I am expecting drop to 143.65 today to test yesterdays low.

up move in dj to 8500 cannot be sustained today .....
me and malcolmb on the same side, feels good

you just boosted my confidence a bit more lol
Trade what you see, not what you think.
  • #143,430
  • Nov 26, 2008 10:52am Nov 26, 2008 10:52am
This hourly needs to close below 145. Otherwise we're back inside the range. I can always scalp the range in the mean time.
  • #143,431
  • Nov 26, 2008 10:53am Nov 26, 2008 10:53am
Quoting malcolmb14
Karmo

I agree with you .... I am not in bull territory any more .. not till the double top on 4 hr is worked out

15 min close under 145 say hello to 141.6.
yep, my target is 141.5, so we're in the same boat my friend
Trade what you see, not what you think.
  • #143,432
  • Nov 26, 2008 10:58am Nov 26, 2008 10:58am
Cable: 4 hr 50 ema, day5 sma, 76 fib support
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 26 KB
  • #143,433
  • Nov 26, 2008 10:58am Nov 26, 2008 10:58am
Quoting karmostaji
me and malcolmb on the same side, feels good

you just boosted my confidence a bit more lol
You only need your Friend EinStein with few Yards to boost your confidence even MORE ...
  • #143,434
  • Nov 26, 2008 10:59am Nov 26, 2008 10:59am
Quoting lilmoe
that's a good idea. but at the time being, i having a closer look at cable, 4h charts of cable and gj are almost identical

edit: cable was much better to trade today. i made lots on GJ too...
The truth is I can never trade cable or any pair when it moves like today or yesterday. I prefer not to.

When something moves +100 pips in 4 minutes without any retrace even on tick chart, I think it is not wise to deal with it.
Discipline + Patience - Fear - Greed = Success
  • #143,435
  • Nov 26, 2008 11:00am Nov 26, 2008 11:00am
Not a convincing close for bears.
  • #143,436
  • Nov 26, 2008 11:01am Nov 26, 2008 11:01am
Quoting arezab
The truth is I can never trade cable or any pair when it moves like today or yesterday. I prefer not to.

When something moves +100 pips in 4 minutes without any retrace even on tick chart, I think it is not wise to deal with it.
no risk no fun - no risk no wipeout
  • #143,437
  • Nov 26, 2008 11:02am Nov 26, 2008 11:02am
alone in the office, quiet..then this comment
I could not stop laughing
Quoting Dr.Geppynius
no risk no fun - no risk no wipeout
  • #143,438
  • Nov 26, 2008 11:05am Nov 26, 2008 11:05am
Quoting $teve
Hope diamond?
This kind of diamond is a sign of "long" position for me coz if the wify sees it you have to go long and buy it ... and ... when you have bought it for her you can never go short and sell it.
Discipline + Patience - Fear - Greed = Success
  • #143,439
  • Nov 26, 2008 11:08am Nov 26, 2008 11:08am
Quoting arezab
This kind of diamond is a sign of "long" position for me coz if the wify sees it you have to go long and buy it ... and ... when you have bought it for her you can never go short and sell it.
...but there might be some wifey's which go short on intimacies when you got stopped out on your diamong long
  • #143,440
  • Nov 26, 2008 11:10am Nov 26, 2008 11:10am
Quoting arezab
This kind of diamond is a sign of "long" position for me coz if the wify sees it you have to go long and buy it ... and ... when you have bought it for her you can never go short and sell it.
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