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

  • #147,121
  • Dec 8, 2008 2:15am Dec 8, 2008 2:15am
Quoting karmostaji
we should see a bounce from 4h 50ema here, so this could be a place for bears to enter
Thanks Karmo, just woke up and missed the Bull Run all together. Glad to know that there may be an opportunity for me going down.
  • #147,122
  • Dec 8, 2008 2:17am Dec 8, 2008 2:17am
Quoting karmostaji
we should see a bounce from 4h 50ema here, so this could be a place for bears to enter
That's where I took profits @ 139.66. Have a sell stop at 139.68. And still have a small lot for the long if it plays out. Moved up my stop to +150 pips... Let's see what happens now.....
  • #147,123
  • Dec 8, 2008 2:18am Dec 8, 2008 2:18am
The 4hr 50ema is a VERY tough resistance and like a magnet for retracements. We may very well see a 4hr pin bar off this level....but a LOT can happen in 4 hrs.....
  • #147,124
  • Dec 8, 2008 2:19am Dec 8, 2008 2:19am
Quoting jon clogger
Just closed longs and added a short. It feels a little like streaking through the police station naked, but may be worth it.

That makes two of us.......
Trading Levels with WRBs
  • #147,125
  • Dec 8, 2008 2:20am Dec 8, 2008 2:20am
Quoting jaxbeach007
Man, I hate waking up 30 mins too late into a huge move
Doesn't that irk you!?!? I've been there....

Lookin' for it to move down, my first shot is 138.60 then down, down, down....

CONFIRM YOUR ORDER WITH YOUR CHARTS!!!!
  • #147,126
  • Dec 8, 2008 2:21am Dec 8, 2008 2:21am
Quoting Islander
That makes two of us.......
Looking good so far, don't want to get shot in the ass.
What's that smell?
  • #147,127
  • Dec 8, 2008 2:21am Dec 8, 2008 2:21am
I am with you guys...I had a limit order sitting at 139.65 since market open....got up here real fast which is a bit nerve racking, but let's see what happens
  • #147,128
  • Dec 8, 2008 2:24am Dec 8, 2008 2:24am
Quoting jon clogger
Looking good so far, don't want to get shot in the ass.
That wouldn't be pleasant. Testin' out.... pushin' up....140.00....


Sittin' here for such a long time feels like someone has!
  • #147,129
  • Dec 8, 2008 2:25am Dec 8, 2008 2:25am
Quoting jon clogger
Looking good so far, don't want to get shot in the ass.
I've pulled my stops to BE + 5.....and that UJ spike has just closed my GJ, but GU still open.....now looking for next entry.....
Trading Levels with WRBs
  • #147,130
  • Dec 8, 2008 2:25am Dec 8, 2008 2:25am
You'll burn your hands trying to short this beast when he's breathing fire. I would short at around 142 though. Very strong resistance there.
  • #147,131
  • Dec 8, 2008 2:25am Dec 8, 2008 2:25am
Looking to see if it breaks 140.17....
  • #147,132
  • Dec 8, 2008 2:27am Dec 8, 2008 2:27am
GUYS,

Trade is like Relationship:

Easy to ENTER
Very HARD TO EXIT

dont try to pick the top on crazy moves .. lol.. NEWS also arond the corner
  • #147,133
  • Dec 8, 2008 2:27am Dec 8, 2008 2:27am
Ran over by a freight train. Stops were brutally violated.
What's that smell?
  • #147,134
  • Dec 8, 2008 2:31am Dec 8, 2008 2:31am
Hello everyone...
very interesting how long it may go UP.
I do not have trade..just wait for retrace of 50SMA on 4H chart...
amazing what a bullish run today this morning..
  • #147,135
  • Dec 8, 2008 2:32am Dec 8, 2008 2:32am
Quoting jon clogger
Ran over by a freight train. Stops were brutally violated.
LOL......but out with small profits......I only put on small size with a tight stop which is quickly moved to BE + 5 when doing these trades, which are in line with Strato's "juice" entries for any that used to follow his thread and trading room....
Trading Levels with WRBs
  • #147,136
  • Dec 8, 2008 2:33am Dec 8, 2008 2:33am
I closed my Longs now... and waiting 1h for new information from UK.
  • #147,137
  • Dec 8, 2008 2:34am Dec 8, 2008 2:34am
Advancing charts tells the picture
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_4.gif Size: 67 KB
"Millionaires don't use astrology, billionaires do"
  • #147,138
  • Dec 8, 2008 2:38am Dec 8, 2008 2:38am
Maybe this is some kind of year-end rally? I haven't been trading that many years to notice these patterns. But I think if we closed above the daily gann (142.50), then the daily 50ema is very possible. It's a looooong shot but this is GJ and this is the end of the year.

153 = early merry christmas and happy new year.
  • #147,139
  • Dec 8, 2008 2:41am Dec 8, 2008 2:41am
Quoting OrionsWay
Advancing charts tells the picture
you called that one!
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #147,140
  • Dec 8, 2008 2:45am Dec 8, 2008 2:45am
Quoting OrionsWay
Advancing charts tells the picture
141-142 on the card
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