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

  • #154,421
  • Jan 21, 2009 8:25am Jan 21, 2009 8:25am
I believe this is the yen futures available on my platform.

If it's not smart money, who else can it be? Jim Rogers?
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  • #154,422
  • Jan 21, 2009 8:29am Jan 21, 2009 8:29am
Quoting ukdaytrader
Yea, go for it. Bet the farm.
Lol. I, for one, dont bet. make informed judgements.

I am trying to point out what is important for technical analysis.

No wonder u will be rueing for not taking a trade at this price. Use proper money mangaement and the Risk Reward is good here, if u know what i mean.
  • #154,423
  • Jan 21, 2009 8:29am Jan 21, 2009 8:29am
Quoting MykeFX
Any bottom pickers out there?
A lot, man.
Can we start the retracement now?

pls gj!!!.

  • #154,424
  • Jan 21, 2009 8:32am Jan 21, 2009 8:32am
no. the only way is down. down, down, down. all the way to 0.
if you see a small rally, short the shit out of it. enjoy making profits while you can, because i have a bad hunch that this market will disappear in the near future...

Quoting dialpips
A lot, man.
Can we start the retracement now?

pls gj!!!.

Nihil Sine Deo.
  • #154,425
  • Jan 21, 2009 8:35am Jan 21, 2009 8:35am
Quoting Scrat
i have a bad hunch that this market will disappear in the near future...
Care to elaborate?
Money & Pain Respect the market, protect your capital, be patient
  • #154,426
  • Jan 21, 2009 8:37am Jan 21, 2009 8:37am
which could be the next level to pull back down gbp
  • #154,427
  • Jan 21, 2009 8:37am Jan 21, 2009 8:37am
I will evaluate further trades after seeing the day close. i really hope for sake of candle stick formation that it goes all the way upto 124.5 today so we can have a sweet pinbar reversal daily candle.

I am sure the japanese will opull it back all the way upto 90 on UJ in overnight session.
  • #154,428
  • Jan 21, 2009 8:37am Jan 21, 2009 8:37am
no.
i'm thinking since this is the only opportunity to make fast and clean money, it has to be either cut down or put out of our reach.
there should be no mistakes concerning the wealth of the herd.

Quoting toyboy tramp
Care to elaborate?
Nihil Sine Deo.
  • #154,429
  • Jan 21, 2009 8:38am Jan 21, 2009 8:38am
Quoting iksh
Lol. I, for one, dont bet. make informed judgements.

I am trying to point out what is important for technical analysis.

No wonder u will be rueing for not taking a trade at this price. Use proper money mangaement and the Risk Reward is good here, if u know what i mean.
Lol, yea, I know. I'm only messing with ya.

I won't be long here btw.
  • #154,430
  • Jan 21, 2009 8:42am Jan 21, 2009 8:42am
Hi guys just to see if anyone could give me an idea where this may go next as i'm new to this.As i've missed the big move had to pick the kids up from school so unsure where, may be a good place to get in on the action. At least i've not lost anything but at the same time not made anything.

Thanks
  • #154,431
  • Jan 21, 2009 8:44am Jan 21, 2009 8:44am
I think Fibo 38.2 will make him go a bit down...
  • #154,432
  • Jan 21, 2009 8:45am Jan 21, 2009 8:45am
Quoting g.ashley95
Hi guys just to see if anyone could give me an idea where this may go next as i'm new to this.As i've missed the big move had to pick the kids up from school so unsure where, may be a good place to get in on the action. At least i've not lost anything but at the same time not made anything.

Thanks
My advice: Keep your money in your pocket until this shake-out is over. I'm serious; this market is designed to kill us retail traders.
  • #154,433
  • Jan 21, 2009 8:45am Jan 21, 2009 8:45am
Quoting ukdaytrader
Lol, yea, I know. I'm only messing with ya.

I won't be long here btw.
No offence taken.

Feels nice to share some trading opportunities.
  • #154,434
  • Jan 21, 2009 8:46am Jan 21, 2009 8:46am
Quoting g.ashley95
Hi guys just to see if anyone could give me an idea where this may go next as i'm new to this.As i've missed the big move had to pick the kids up from school so unsure where, may be a good place to get in on the action. At least i've not lost anything but at the same time not made anything.

Thanks
try 91 area first, if this is not the bottom.
  • #154,435
  • Jan 21, 2009 8:47am Jan 21, 2009 8:47am
Quoting g.ashley95
Hi guys just to see if anyone could give me an idea where this may go next as i'm new to this.As i've missed the big move had to pick the kids up from school so unsure where, may be a good place to get in on the action. At least i've not lost anything but at the same time not made anything.

Thanks
Make it a point - never chase a market. If u have lost an opportunity, then move on to the next one. dont try to chase a lost opportunity. u will only end up burning ur fingers.

The next one is round the corner, look out for it.
  • #154,436
  • Jan 21, 2009 8:47am Jan 21, 2009 8:47am
Exited for 490 pip profit, prolly going to enter short again around 122 area.
Trade in the now
  • #154,437
  • Jan 21, 2009 8:49am Jan 21, 2009 8:49am
Quoting Scrat
no. the only way is down. down, down, down. all the way to 0.
if you see a small rally, short the shit out of it. enjoy making profits while you can, because i have a bad hunch that this market will disappear in the near future...
hi scrat, can u see bullish div. on 4h cci30 and qqe. pls check. i think we go up from here.
  • #154,438
  • Jan 21, 2009 8:50am Jan 21, 2009 8:50am
how are you guys seeing the options, expiring and how much is pay out on it?
  • #154,439
  • Jan 21, 2009 8:51am Jan 21, 2009 8:51am
Quoting ukdaytrader
My advice: Keep your money in your pocket until this shake-out is over. I'm serious; this market is designed to kill us retail traders.
Hi ukdaytrader thanks for advice just sit it out for now. If you get any feeling of what may happen i would appreciate any help.

Thanks
  • #154,440
  • Jan 21, 2009 8:52am Jan 21, 2009 8:52am
Quoting iksh
I will evaluate further trades after seeing the day close. i really hope for sake of candle stick formation that it goes all the way upto 124.5 today so we can have a sweet pinbar reversal daily candle.

I am sure the japanese will opull it back all the way upto 90 on UJ in overnight session.
I cant be sure of anything anymore and might shut down till friday all pairs

look ugly to me too many shadows ( and thats on friggin one hour charts )

up down candles in minutes, seconds crazy pa its just nuts at the moment

- im happy for those guys that stuck it out since sunday night though
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