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

  • #148,901
  • Dec 12, 2008 2:24am Dec 12, 2008 2:24am
Quoting karmostaji
yep, be careful though, it's friday and anything is possible

if we get a 15m candle close above 15m gann, I'll exit shorts and just relax

No need to lose my hard earned $
Thanks Karmo, I will keep my eye's on that 15m gann.
  • #148,902
  • Dec 12, 2008 2:25am Dec 12, 2008 2:25am
Quoting mktjong
Good job .. what I worry about now is whether BOJ would intervene ..
I am wondering BOJ will disrupt sin uj already below 90.00..what next 130 first...then new low?Pls advice
  • #148,903
  • Dec 12, 2008 2:26am Dec 12, 2008 2:26am
Quoting Serendipity
agree. i told him several times. but he got mad with me. he says he will 'hedge' when needed. we kinda dont talk that much because he says i interfere with his trading lol. oh well
So don't interfere with his "Trading" anymore

It's all about loss tolerance my friend. My be he is capable of losing a billion dollars overnight and not get depressed or regret his loss.

My tolerance was a $300 account blow up and then I learned my lesson. If his tolerance is $2 billion then he will learn his lesson when he has lost that much.
Discipline + Patience - Fear - Greed = Success
  • #148,904
  • Dec 12, 2008 2:26am Dec 12, 2008 2:26am
we might see a retrace to 4h 5sma, that is close to 136
Trade what you see, not what you think.
  • #148,905
  • Dec 12, 2008 2:28am Dec 12, 2008 2:28am
Quoting karmostaji
we might see a retrace to 4h 5sma, that is close to 136
The 61.8 retrace is up there too....
Trading Levels with WRBs
  • #148,906
  • Dec 12, 2008 2:33am Dec 12, 2008 2:33am
Quoting Islander
The 61.8 retrace is up there too....
yup, but let's see if price can break 134.50 resistance first
Trade what you see, not what you think.
  • #148,907
  • Dec 12, 2008 2:35am Dec 12, 2008 2:35am
Quoting Islander
The 61.8 retrace is up there too....
Yeah, it's an uphill battle right around there.

I have:

4 intersecting trend lines,

3 significant fib levels

2 stubborn ema's

and a partridge in a pear tree. And this partridge kicks ass.
What's that smell?
  • #148,908
  • Dec 12, 2008 2:36am Dec 12, 2008 2:36am
Quoting karmostaji
yup, but let's see if price can break 134.50 resistance first
If tested and denied another tankage is possible, right?
  • #148,909
  • Dec 12, 2008 2:38am Dec 12, 2008 2:38am
morning folks


500 pips down while i was sleeping? loool
  • #148,910
  • Dec 12, 2008 2:40am Dec 12, 2008 2:40am
Quoting lilmoe
morning folks


500 pips down while i was sleeping? loool

morning
  • #148,911
  • Dec 12, 2008 2:41am Dec 12, 2008 2:41am
A small pull back for 10 to 20 minutes -say to a 50% retrace of this small rally at ~ 33.80 for a higher low would give me a buy signal lined up with a couple of time lines.....
Trading Levels with WRBs
  • #148,912
  • Dec 12, 2008 2:42am Dec 12, 2008 2:42am
I'm gonna let this retrace and will return to the NY bukkake.
Patience + Humility + Study = Success
  • #148,913
  • Dec 12, 2008 2:42am Dec 12, 2008 2:42am
Quoting lilmoe
morning folks


500 pips down while i was sleeping? loool
you were not the only one in bed - I was too....
Trading Levels with WRBs
  • #148,914
  • Dec 12, 2008 2:45am Dec 12, 2008 2:45am
Quoting Piters
morning
GM dude
Discipline + Patience - Fear - Greed = Success
  • #148,915
  • Dec 12, 2008 2:51am Dec 12, 2008 2:51am
Quoting arezab
GM dude
GM mate,

what a day, almost slept on my keyboard this morning (ealy Asia) after 30H screening, and when I went ot bed, whollaaaa

but the most important thing is that market is alive... , so we'll catch the NEXT train
  • #148,916
  • Dec 12, 2008 2:55am Dec 12, 2008 2:55am
I hear the train entering the station.... wait for it.... then jump IN. Not in front of... jump in!!!

Need to get that straight :>
  • #148,917
  • Dec 12, 2008 2:55am Dec 12, 2008 2:55am
Quoting Serendipity
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
People who has such negative big figures in a short period of time are certainly using the following famous strategy "The anti-trend system"

In order to master this strategy you have to practice the following rules:
1-Selling bottoms/buying tops
2-Overleveraging like there is no tomorrow
3-No Stoploss
4-And even no limit (TP) if found
5-No use of Karmo's pills
6-To fell asleep infront of the pc for 3 hours
  • #148,918
  • Dec 12, 2008 2:56am Dec 12, 2008 2:56am
Quoting USTrader
If tested and denied another tankage is possible, right?
Yep, price is still below 5m 50em, it's very bearish still..
Trade what you see, not what you think.
  • #148,919
  • Dec 12, 2008 2:56am Dec 12, 2008 2:56am
Quoting USTrader
I hear the train entering the station.... wait for it.... then jump IN. Not in front of... jump in!!!

Need to get that straight :>
rebounding for now... so that t big boys can load short at higher price??

Sonic
  • #148,920
  • Dec 12, 2008 2:57am Dec 12, 2008 2:57am
Quoting Piters
GM mate,

what a day, almost slept on my keyboard this morning (ealy Asia) after 30H screening, and when I went ot bed, whollaaaa

but the most important thing is that market is alive... , so we'll catch the NEXT train
Next train ... sure ...

me got 110 pips from this 400 pips move down. More to come in London
Discipline + Patience - Fear - Greed = Success
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