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

  • #155,241
  • Jan 23, 2009 8:29am Jan 23, 2009 8:29am
Quoting vinesh2
I dont think I can handle this market anymore. Markarm was right when he said FX trading is not going to be the same as it use to be
just trade your style and trade what u see bro. . .
  • #155,242
  • Jan 23, 2009 8:29am Jan 23, 2009 8:29am
just closed my 120 longer term trade now just got 1 x 125 long longer term will look to add another longer term if we drop again at 119.80

till then ill keep scalping
Private Account Manager & Trader since 1999
  • #155,243
  • Jan 23, 2009 8:30am Jan 23, 2009 8:30am
Quoting quecee5
hope you enjoying the pips bro - nice. . .
yeah, locked it in, lets see if we can make it up there?

what do you think about the upper trend line 122.80? seem to be load of seller in that area for past 2 days
  • #155,244
  • Jan 23, 2009 8:30am Jan 23, 2009 8:30am
closing second trade from 120.30 area for +130
letting trade from 119 run it's course. . .
  • #155,245
  • Jan 23, 2009 8:33am Jan 23, 2009 8:33am
Quoting vinesh2
I dont think I can handle this market anymore. Markarm was right when he said FX trading is not going to be the same as it use to be
i partially agree. i like futures much more currently and focus on s&p instead of joining this insanity
  • #155,246
  • Jan 23, 2009 8:34am Jan 23, 2009 8:34am
Quoting quecee5
closing second trade from 120.30 area for +130
letting trade from 119 run it's course. . .
close mine with 110, thanks for that call.. (that are your's pips)
we are approaching Fibo 0.618
  • #155,247
  • Jan 23, 2009 8:34am Jan 23, 2009 8:34am
Quoting quecee5
just trade your style and trade what u see bro. . .

Agree 100% with you on that!
  • #155,248
  • Jan 23, 2009 8:35am Jan 23, 2009 8:35am
Quoting mirex
yeah, locked it in, lets see if we can make it up there?

what do you think about the upper trend line 122.80? seem to be load of seller in that area for past 2 days
here is my thoughts just by looking at the technicals. . .

price has forged up through 121.20 (S1) resistance now support. . .
the next target is DP located at 123.20 area. . . minor resistance at the following;

121.74 and 122.74 area. . . if breached DP will be next target. . .

if support doesn't hold then back to 119. . .
  • #155,249
  • Jan 23, 2009 8:37am Jan 23, 2009 8:37am
Quoting Piters
close mine with 110, thanks for that call.. (that are your's pips)
we are approaching Fibo 0.618
its all good bro - hope you having a good week. . .
mine has been rough but I managed to end the week in good profit even after some boo boo's -
  • #155,250
  • Jan 23, 2009 8:39am Jan 23, 2009 8:39am
Quoting quecee5
its all good bro - hope you having a good week. . .
mine has been rough but I managed to end the week in good profit even after some boo boo's -
yeah bro, i know what you mean boo boo's are always around
  • #155,251
  • Jan 23, 2009 8:46am Jan 23, 2009 8:46am
My view on the market is that it requires even greater discipline than before. Even the smallest errors in judgement are punished and more severely than before. Just my .02
Patience + Humility + Study = Success
  • #155,252
  • Jan 23, 2009 8:49am Jan 23, 2009 8:49am
Quoting Ferick
No follow up on the break of all time low. Sellers backing off ( for the moment) as they are scared BOJ will intervene and they will be caught with their pants down.

Closed my long for 200+ pips up. Not liking price action around 122.
  • #155,253
  • Jan 23, 2009 8:51am Jan 23, 2009 8:51am
Quoting DutchTrader
My view on the market is that it requires even greater discipline than before. Even the smallest errors in judgement are punished and more severely than before. Just my .02
that is your "dark side of the moon"

just make a calendar and follow the moonrise, moonset and phases
  • #155,254
  • Jan 23, 2009 8:53am Jan 23, 2009 8:53am
Quoting Piters
yeah bro, i know what you mean boo boo's are always around
15 min stoch. says we will be taking a trip to the downside maybe back to 119.68/29. . .

Close trade from 119 at 121.80 for +280 - currently flat right now. . .

enjoy the weekend folks. . .
  • #155,255
  • Jan 23, 2009 8:55am Jan 23, 2009 8:55am
Quoting quecee5
15 min stoch. says we will be taking a trip to the downside maybe back to 119.68/29. . .

Close trade from 119 at 121.80 for +280 - currently flat right now. . .

enjoy the weekend folks. . .
i see a call! shorting, lol
  • #155,256
  • Jan 23, 2009 8:55am Jan 23, 2009 8:55am
Quoting quecee5
15 min stoch. says we will be taking a trip to the downside maybe back to 119.68/29. . .

Close trade from 119 at 121.80 for +280 - currently flat right now. . .

enjoy the weekend folks. . .
Enjoy your pips, mate..
YES, breakout of that flag -> close bellow 5min and 15min, and we retest again..

EDIT: even so, if we go Up, we are limited with the 122.50/60 area, with that daily...TL..

nice,
  • #155,257
  • Jan 23, 2009 9:00am Jan 23, 2009 9:00am
Quoting Piters
Enjoy your pips, mate..
YES, breakout of that flag -> close bellow 5min and 15min, and we retest again..

EDIT: even so, if we go Up, we are limited with the 122.50/60 area, with that daily...TL..

nice,
i though it was closer to 122.80? did i draw it wrong?
  • #155,258
  • Jan 23, 2009 9:00am Jan 23, 2009 9:00am
Quoting mirex
i see a call! shorting, lol
No trade call bro - trade what u see -
  • #155,259
  • Jan 23, 2009 9:01am Jan 23, 2009 9:01am
down just a little bit more so i can BE+1. i'm beginning to like this BE+1. lol
  • #155,260
  • Jan 23, 2009 9:01am Jan 23, 2009 9:01am
looking for sell around here
Private Account Manager & Trader since 1999
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