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

  • #148,861
  • Dec 12, 2008 1:17am Dec 12, 2008 1:17am
Quoting malcolmb14
gu 60 min .. maybe dp if 50 sma broken

Attachment
Long time Im not trade :-)
Im shorting cable since 30tf trendline brokes and my target is 1.4841(SD1 line) or S1 also ok 1.4846.
Hope I got greens
  • #148,862
  • Dec 12, 2008 1:20am Dec 12, 2008 1:20am
Quoting Serendipity
meaning it has to break the prev low 133.20?

already tested it ..... was met with buyers .... maybe the buyers were all absorbed and none there next time we test 133/2
Blogging daily now at www.volume.zone
  • #148,863
  • Dec 12, 2008 1:21am Dec 12, 2008 1:21am
What happened? I just checked and i lost half of my account. Is there any retrace or I should closed my long?
  • #148,864
  • Dec 12, 2008 1:21am Dec 12, 2008 1:21am
off to bed .. have a good night all ....

going to miss the fun but did ok tonight .... was a surprising evening
Blogging daily now at www.volume.zone
  • #148,865
  • Dec 12, 2008 1:23am Dec 12, 2008 1:23am
Quoting sohail212
What happened? I just checked and i lost half of my account. Is there any retrace or I should closed my long?
Trade what you see, not what you think.
  • #148,866
  • Dec 12, 2008 1:23am Dec 12, 2008 1:23am
Quoting sohail212
What happened? I just checked and i lost half of my account. Is there any retrace or I should closed my long?

sorry to hear ....

the auto bail news ... they did not approve it in senate but are going for 2nd round

this whole move seems a little on the suspect side to me . The fact that the auto bailout was going to be blocked in senate was already well known ....

makes me close all my positions before bed. ....
Blogging daily now at www.volume.zone
  • #148,867
  • Dec 12, 2008 1:26am Dec 12, 2008 1:26am
woke up, turned on my terminal and was pretty amazed =)
all my shorts, that were in deep minuses eight hours earlier were closed (3 tp levels reached in a single move, smashing). Do anyone know what it been?
  • #148,868
  • Dec 12, 2008 1:26am Dec 12, 2008 1:26am
Quoting malcolmb14
sorry to hear ....

the auto bail news ... they did not approve it in senate but are going for 2nd round

this whole move seems a little on the suspect side to me . The fact that the auto bailout was going to be blocked in senate was already well known ....

makes me close all my positions before bed. ....
But do you think there will be any retrace or I should closed buy closed buy positions?

Thanks for your help.
  • #148,869
  • Dec 12, 2008 1:27am Dec 12, 2008 1:27am
Quoting sohail212
But do you think there will be any retrace or I should closed buy closed buy positions?

Thanks for your help.

sorry no idea ......I play one day at a time....

you may well get more draw down before any kind of retrace
Blogging daily now at www.volume.zone
  • #148,870
  • Dec 12, 2008 1:29am Dec 12, 2008 1:29am
no stop loss for 500 pips?

Quoting sohail212
But do you think there will be any retrace or I should closed buy closed buy positions?

Thanks for your help.
  • #148,871
  • Dec 12, 2008 1:29am Dec 12, 2008 1:29am
Bigtime intervention right now by the Japanese MoF
Patience + Humility + Study = Success
  • #148,872
  • Dec 12, 2008 1:31am Dec 12, 2008 1:31am
Quoting malcolmb14
sorry to hear ....


this whole move seems a little on the suspect side to me . The fact that the auto bailout was going to be blocked in senate was already well known ....
Hmmm. smells fishy to me too...maybe london have other ideas...
  • #148,873
  • Dec 12, 2008 1:31am Dec 12, 2008 1:31am
just woke up to some nice greenage, yeah
Money & Pain Respect the market, protect your capital, be patient
  • #148,874
  • Dec 12, 2008 1:32am Dec 12, 2008 1:32am
see you monday malcom hope you have a good weekend
  • #148,875
  • Dec 12, 2008 1:32am Dec 12, 2008 1:32am
agree. with USD/JPY below 90 they are going to keep their word on intervention when it goes below 90 on u/j

Quoting DutchTrader
Bigtime intervention right now by the Japanese MoF
qquestion is do they have enough money to intervene? lol
  • #148,876
  • Dec 12, 2008 1:34am Dec 12, 2008 1:34am
Quoting Serendipity
no stop loss for 500 pips?
No man, i went for quick nap.
  • #148,877
  • Dec 12, 2008 1:35am Dec 12, 2008 1:35am
Quoting Serendipity
agree. with USD/JPY below 90 they are going to keep their word on intervention when it goes below 90 on u/j



qquestion is do they have enough money to intervene? lol
They DO have.

but I dont thnk that they'll Intervene !, even for levels bellow 80
  • #148,878
  • Dec 12, 2008 1:36am Dec 12, 2008 1:36am
i understand bro. it happened to my friend. he was in crazy multiple lots. 3 hours he fell asleep on his pc. no stop loss. only to wake up $50,000 in down. his total losses in 2 years in 6 digits. still trades with no S/L

Quoting sohail212
No man, i went for quick nap.
  • #148,879
  • Dec 12, 2008 1:37am Dec 12, 2008 1:37am
Japanese Finance Minister Nakagawa says Japan not considering currency intervention now


Quoting Piters
They DO have.

but I dont thnk that they'll Intervene !, even for levels bellow 80
[
  • #148,880
  • Dec 12, 2008 1:40am Dec 12, 2008 1:40am
Its ironic how the US always attacks China for their currency policy but just lets Japan get away with blatant intervention every time. No wonder we're a joke.
Patience + Humility + Study = Success
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