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

  • #154,561
  • Jan 21, 2009 1:19pm Jan 21, 2009 1:19pm
Quoting DutchTrader
PA's showing me the way, this thing's hell bent for a test of 125.60
  • #154,562
  • Jan 21, 2009 1:21pm Jan 21, 2009 1:21pm
What the F I go to the boys room for 2mins and my pending EU gets hit! what the heck is going on here I have a feeling we are seeing a trend reversal on EU what do u think Q.
  • #154,563
  • Jan 21, 2009 1:24pm Jan 21, 2009 1:24pm
large traders are still long yen and short pound.
i'll wait for this rally to get ripped and then i'll short this beast again. at this moment, i can only assume we hit a short term bottom.
Attached Image(s) (click to enlarge)
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Nihil Sine Deo.
  • #154,564
  • Jan 21, 2009 1:27pm Jan 21, 2009 1:27pm
Quoting g.ashley95
Thanks malcolmb

gary better if you miss a move to stay out all together , rather than chase ..

this thing has moved 500 pips and has to reatrce beforte it moves higher.

only get in long again if you see cause to on the time frame you trade.

Better to not get in a trade and miss a nice 100 pips , then get in a trade because you are frustrated that you missed the move , suffer 200-300 pip draw down for it then to work in your favour , or worse yet shake you out.,

I got into gu to early in asia last night , draw down 105 pips , but was watching my 15 min charts and saw shake out coming ... so at end of day was ok , but if I had of been patient could have got in same trade with only 30 pip draw down
Blogging daily now at www.volume.zone
  • #154,565
  • Jan 21, 2009 1:28pm Jan 21, 2009 1:28pm
Quoting Scrat
large traders are still long yen and short pound.
i'll wait for this rally to get ripped and then i'll short this beast again. at this moment, i can only assume we hit a short term bottom.

I am a large trader (6'3" 310 lbs ....losing weight is more of goal this year then making money) .. i am long pound short yen .... lol
Blogging daily now at www.volume.zone
  • #154,566
  • Jan 21, 2009 1:30pm Jan 21, 2009 1:30pm
Quoting malcolmb14
I am a large trader (6'3" 310 lbs ....losing weight is more of goal this year then making money) .. i am long pound short yen .... lol
lol

Im a small trader 6'2" 175 and I'm short yen long pound, could be why im still small
Patience + Humility + Study = Success
  • #154,567
  • Jan 21, 2009 1:33pm Jan 21, 2009 1:33pm
Dutch, are u saying it will touch the 125.60 cause it is the 38.2 Fibo ret from the big down move? Clear my mind plz?
  • #154,568
  • Jan 21, 2009 1:33pm Jan 21, 2009 1:33pm
Quoting rafaelrodney
Dutch, are u saying it will touch the 125.60 cause it is the 38.2 Fibo ret from the big down move? Clear my mind plz?
Exactly right. Geppy loves to respect fibos.
Patience + Humility + Study = Success
  • #154,569
  • Jan 21, 2009 1:33pm Jan 21, 2009 1:33pm
Quoting vinesh2
What the F I go to the boys room for 2mins and my pending EU gets hit! what the heck is going on here I have a feeling we are seeing a trend reversal on EU what do u think Q.
yep, could be lets see if EU can get over 1.3150-60 area which is above the UTL
  • #154,570
  • Jan 21, 2009 1:40pm Jan 21, 2009 1:40pm
lol!
but you're not that large.

Quoting malcolmb14
I am a large trader (6'3" 310 lbs ....losing weight is more of goal this year then making money) .. i am long pound short yen .... lol
Nihil Sine Deo.
  • #154,571
  • Jan 21, 2009 1:42pm Jan 21, 2009 1:42pm
Quoting malcolmb14
gary better if you miss a move to stay out all together , rather than chase ..

this thing has moved 500 pips and has to reatrce beforte it moves higher.

only get in long again if you see cause to on the time frame you trade.

Better to not get in a trade and miss a nice 100 pips , then get in a trade because you are frustrated that you missed the move , suffer 200-300 pip draw down for it then to work in your favour , or worse yet shake you out.,

I got into gu to early in asia last night , draw down 105 pips , but was watching my 15 min...
Thanks for that. On my 15 min chart the volume bars are reducing but on the hourly in the last 3 hours increasing. Is there any little signals to look for as i've printed of a few of your postings and read the thread every day and would like thank every one as well as yourself for advice give. I've got past the frustrating part as i carn't control the markets just would like to under stand more. I been reading the master the markets but still unsure.As you said in any earlyer post i can catch the top and bottem of the market very well but for it's the wrong way round. As i said any advice greatly recieved

Many Thanks to one and all
  • #154,572
  • Jan 21, 2009 1:45pm Jan 21, 2009 1:45pm
I am 188cm and 105kgr and I am short from here :
Attached Image (click to enlarge)
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  • #154,573
  • Jan 21, 2009 1:46pm Jan 21, 2009 1:46pm
Testing new high any thoughts

  • #154,574
  • Jan 21, 2009 1:48pm Jan 21, 2009 1:48pm
Quoting Piters
I am 188cm and 105kgr and I am short from here :
Piter is your position a scalp or a short-term position?
  • #154,575
  • Jan 21, 2009 1:48pm Jan 21, 2009 1:48pm
Tks for clear my mind...i use gann too and the h4 gann is next to this 30 fib retrac too... i think it is a lot of resist to g/j in this move up...
Tks Dutch!
  • #154,576
  • Jan 21, 2009 1:50pm Jan 21, 2009 1:50pm
Quoting quecee5
Piter is your position a scalp or a long-term position?
scalp bro.. 124.17 or white TL..

or EXIT lol
  • #154,577
  • Jan 21, 2009 1:54pm Jan 21, 2009 1:54pm
Quoting Piters
scalp bro.. 124.17 or white TL..

or EXIT lol
I can see that ar'd 124.09 area. . . I'd like to see what happens after NY close because of the pinbar on the daily chart which suggest higher price or a reversal after that move down.
  • #154,578
  • Jan 21, 2009 1:56pm Jan 21, 2009 1:56pm
Quoting quecee5
I can see that ar'd 124.09 area. . . I'd like to see what happens after NY close. . .
Bulls aren't tucking in their horns just yet it seems
Patience + Humility + Study = Success
  • #154,579
  • Jan 21, 2009 1:57pm Jan 21, 2009 1:57pm
Quoting quecee5
I can see that ar'd 124.09 area. . . I'd like to see what happens after NY close. . .
My scenario:

we retest Tokyo LOW [124.14] then bounce back retest the upper one with 50 ema [1h], Creating inverse H/S

but we are breaking that in ASIA for sure...

lol,
  • #154,580
  • Jan 21, 2009 1:58pm Jan 21, 2009 1:58pm
Quoting Dr.Geppynius
213 we come
213?
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