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

  • #144,561
  • Dec 1, 2008 5:09am Dec 1, 2008 5:09am
Quoting arezab
I missed this fall ... 5M 50 EMA good place to add shorts.
cool, so we can long till there
  • #144,562
  • Dec 1, 2008 5:11am Dec 1, 2008 5:11am
Quoting educatedthug

im on forex.com dont have those indicaators wwhat value is 5m 50 ema does any one know how to use it on this platform
you need to date 50 women first to find this indicator
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  • #144,563
  • Dec 1, 2008 5:13am Dec 1, 2008 5:13am
Fed Chairman Bernanke Speaks at 1:45pm...He will probably indicate a 0% interest rate...

Printing money overload...$$$$$
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  • #144,564
  • Dec 1, 2008 5:18am Dec 1, 2008 5:18am
Quoting forexlion
cool, so we can long till there
...risky .. I'm long (very small) since 141.30 but didn't post it ... tight stop ... I may get stopped out by a a fast drop though ...
Discipline + Patience - Fear - Greed = Success
  • #144,565
  • Dec 1, 2008 5:23am Dec 1, 2008 5:23am
Quoting arezab
...risky .. I'm long (very small) since 141.30 but didn't post it ... tight stop ... I may get stopped out by a a fast drop though ...
... closed that long for +25 and run ... it was very risky ... might return back down any time.
Discipline + Patience - Fear - Greed = Success
  • #144,566
  • Dec 1, 2008 5:25am Dec 1, 2008 5:25am
Quoting arezab
...risky .. I'm long (very small) since 141.30 but didn't post it ... tight stop ... I may get stopped out by a a fast drop though ...
141.01 here

risky but with reasonable tight stop. gbp gaining strength, jpy coming off . vol stepping in + sellers drying up, support holding. small ride.

x entry
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  • #144,567
  • Dec 1, 2008 5:27am Dec 1, 2008 5:27am
Quoting Dr.Geppynius
no, you are saying shorte here (140,80) with no fear

don't wanna know how many newbies are under water now.

you should take care of what you are saying...

without a doubt this thing could go up to 142.50. 500 pips drop + shorts from ranging thursday + friday. there's much to unload and profit to be taken.
still man
  • #144,568
  • Dec 1, 2008 5:28am Dec 1, 2008 5:28am
I caught a nice ride on that GBP short too - nice...

Your thoughts on the USD PMI later ?
And other news ?
Possible retrace with weak numbers ?
I m pretty sure the numbers are going to be weaker than expected, looking to go long GBP USD i mean it lost 318 pips today do you think its due to rebound ?

Thx
Alex
  • #144,569
  • Dec 1, 2008 5:30am Dec 1, 2008 5:30am
Quoting Dr.Geppynius
141.01 here

risky but with reasonable tight stop. gbp gaining strength, jpy coming off . vol stepping in + sellers drying up, support holding. small ride.

x entry
Great Dr. nice entry. I arrived late.

BTW can I ask what platform are you using?
Discipline + Patience - Fear - Greed = Success
  • #144,570
  • Dec 1, 2008 5:31am Dec 1, 2008 5:31am
should see a new fall now
  • #144,571
  • Dec 1, 2008 5:31am Dec 1, 2008 5:31am
If UJ's support at 93.55 is broken then the GJ will stop nowhere.
  • #144,572
  • Dec 1, 2008 5:36am Dec 1, 2008 5:36am
Quoting xoiper
should see a new fall now
here we r go sweet just need gu support
  • #144,573
  • Dec 1, 2008 5:36am Dec 1, 2008 5:36am
The problem now...GJ drop to fast...within 4h candle it drop from 145 to 140. If it drop to fast....it also will retrace very fast.
  • #144,574
  • Dec 1, 2008 5:41am Dec 1, 2008 5:41am
Quoting PandoraBox
The problem now...GJ drop to fast...within 4h candle it drop from 145 to 140. If it drop to fast....it also will retrace very fast.
that wasn't too hard to figure out now was it....

unlike other traders here thinking to short these levels...
  • #144,575
  • Dec 1, 2008 5:44am Dec 1, 2008 5:44am
by the way.... cable has the same 4h bullish hd setup, but daily gann held this time...

just a little heads up.
  • #144,576
  • Dec 1, 2008 5:45am Dec 1, 2008 5:45am
Quoting lilmoe
that wasn't too hard to figure out now was it....

unlike other traders here thinking to short these levels...
i am long using this ea which automatically sets the tp of the trades to the 5 min 50 ema level.

so i do not need to figure out where it is.

so whenever it spikes up, it will auto close my trades at the correct level.
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File Type: mq4 ema50.mq4   2 KB | 294 downloads
  • #144,577
  • Dec 1, 2008 5:46am Dec 1, 2008 5:46am
Quoting lilmoe
that wasn't too hard to figure out now was it....

unlike other traders here thinking to short these levels...
and still lilmoe will see 140.40 again see u down there
  • #144,578
  • Dec 1, 2008 5:47am Dec 1, 2008 5:47am
Quoting lilmoe
by the way.... cable has the same 4h bullish hd setup, but daily gann held this time...

just a little heads up.
and just to add to it.... lets see how this 4h candle reacts to the -100 line on CCI.

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  • #144,579
  • Dec 1, 2008 5:49am Dec 1, 2008 5:49am
no buying interest, price still remains below 5m 50ema, to me GJ is bearish and it's strong.
Trade what you see, not what you think.
  • #144,580
  • Dec 1, 2008 5:49am Dec 1, 2008 5:49am
Quoting xoiper
and still lilmoe will see 140.40 again see u down there
some people just don't get it.....

fine dude.. its ur account. we might reach there, but that's not the perfect entry....
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