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

  • #154,441
  • Jan 21, 2009 10:53am Jan 21, 2009 10:53am
Quoting pkimnyc
try 91 area first, if this is not the bottom.
Thanks for that
  • #154,442
  • Jan 21, 2009 10:54am Jan 21, 2009 10:54am
Quoting iksh
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.
Thanks for that i'll keep watch the thread and charts

Cheers
  • #154,443
  • Jan 21, 2009 10:55am Jan 21, 2009 10:55am
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.
Great advice after a 500 pip tank - if you've made some $ on the way down all the better but the most sensible thing to do is do nothing until the market settles. If anyone has missed the move, no worries, it happens and there will be plenty of opportunities in the coming days.
  • #154,444
  • Jan 21, 2009 11:01am Jan 21, 2009 11:01am
Quoting cohiba pips
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
Very, very ugly. Price action is difficult enough to read in normal conditions without having to decipher what the big boys are playing at.
  • #154,445
  • Jan 21, 2009 11:02am Jan 21, 2009 11:02am
obama did not lie- changes we can believe in. he did not say if the changes will be good or bad for the people.
  • #154,446
  • Jan 21, 2009 11:02am Jan 21, 2009 11:02am
LOL. S&P downgraded Portugal.

Now cable and euro reacting. what a mess.

I think thats the reason but maynot be too sure.
  • #154,447
  • Jan 21, 2009 11:04am Jan 21, 2009 11:04am
Quoting oleevier
it looks like whole day selling ...
in sexy stochastics thread i post yesterday night 3 setups , worked for more than 500 pips in 8 hours.

a lot of probability it will work too (500-1000 pips ?? maybe)
right now it works excelent
+800 pips
  • #154,448
  • Jan 21, 2009 11:13am Jan 21, 2009 11:13am
Quoting Vanhook2
Look who was correct again.
Way to go Karmo.
The power of the Gann.
The gann and QQE work and I will prove it to whoever says indicators don't work

Enjoy the green pips
Trade what you see, not what you think.
  • #154,449
  • Jan 21, 2009 11:16am Jan 21, 2009 11:16am
Quoting karmostaji
The gann and QQE work and I will prove it to whoever says indicators don't work

Enjoy the green pips
i dont think we can find anybody who will have so much courage
we all know the truth
  • #154,450
  • Jan 21, 2009 11:23am Jan 21, 2009 11:23am
.....As 119.40 held again. Stop loss at+1- it will probably be hit, but I will let it run as it is risk free.
  • #154,451
  • Jan 21, 2009 11:23am Jan 21, 2009 11:23am
Quoting karmostaji
GJ bear show is not over yet, get ready for the next round coz it could be explosive.
Just saying, later.

  • #154,452
  • Jan 21, 2009 11:23am Jan 21, 2009 11:23am
Quoting karmostaji
The gann and QQE work and I will prove it to whoever says indicators don't work

Enjoy the green pips
I've had a look at this system and I like it, very simple and allows you to be non emotional and I like that.

Have you ever tried automating it?
  • #154,453
  • Jan 21, 2009 11:24am Jan 21, 2009 11:24am
Quoting oleevier
i dont think we can find anybody who will have so much courage
we all know the truth
There have been a few in the past.
They are on my idiot list now.
I just don't like folks that pop in just to start crap.
I trade what I see on my charts. Do Not listen to the Muppets.
  • #154,454
  • Jan 21, 2009 11:24am Jan 21, 2009 11:24am
Quoting karmostaji
The gann and QQE work and I will prove it to whoever says indicators don't work

Enjoy the green pips
congrats bro.
  • #154,455
  • Jan 21, 2009 11:25am Jan 21, 2009 11:25am
I'm out of all trades except for my long term short on G/U. Targeting 1.32

Good pipping folks!

B
  • #154,456
  • Jan 21, 2009 11:31am Jan 21, 2009 11:31am
Nice yen futures chart?
Attached Image (click to enlarge)
Click to Enlarge Name: 22 Jan (JPY) - b.jpg Size: 128 KB
  • #154,457
  • Jan 21, 2009 11:31am Jan 21, 2009 11:31am
Quoting karmostaji
The gann and QQE work and I will prove it to whoever says indicators don't work

Enjoy the green pips
You are right Karmo as always hahaha

However, a warning to those who are fairly new to this crazy business....

Karmo knows this pair inside out and how to interpret the indicators he uses.

He knows where to set his orders, where his initial stop loss will be, his target(s) (or where he is going to lock in along the way), the amount he will risk per trade etc.

You still have to know exactly what you are doing, especially trading this pair lol.

I've also had the pleasure of meeting up with him in London a few weeks back and he's a very humble guy (as well as possibly the best trader I've seen in my 3 years in forex).

Hey Karmo - if you're reading this - get off that PS3 or whatever u call it and get back on MSN

Kind Regards
Steve
  • #154,458
  • Jan 21, 2009 11:31am Jan 21, 2009 11:31am
Quoting ukdaytrader
I've had a look at this system and I like it, very simple and allows you to be non emotional and I like that.

Have you ever tried automating it?
Nope, I don't think it could be automated successfully as well.
Trade what you see, not what you think.
  • #154,459
  • Jan 21, 2009 11:32am Jan 21, 2009 11:32am
Quoting karmostaji
The gann and QQE work and I will prove it to whoever says indicators don't work

Enjoy the green pips

I've being looking at your thread and i don't know what QQE is as new. Hope this doesn't sound stupid but if i don't ask i'll stay stupid. What is the setting on the gann as i've VT Trader and is default is at 3 look back.

Thanks

Gary
  • #154,460
  • Jan 21, 2009 11:35am Jan 21, 2009 11:35am
Quoting karmostaji
The gann and QQE work and I will prove it to whoever says indicators don't work

Enjoy the green pips
can i get a quick run down of the system?

gann hilow indicator? i think i saw qqe but not sure how it work yet

thanks karmo
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