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

  • #159,221
  • Feb 10, 2009 8:55am Feb 10, 2009 8:55am
Quoting bigcoupe
Bought at 132

SL is open
Brave man.
Good luck.
  • #159,222
  • Feb 10, 2009 8:55am Feb 10, 2009 8:55am
Quoting Piters
Told you , was scared a litlle with that retrace when gann 4h flipped. Then I remember our OLD AUS 4h/1h retracement... so all good..

have a look my EW charts, you may like them,,,
nice chart,plan to reenter short on retracement.
  • #159,223
  • Feb 10, 2009 8:57am Feb 10, 2009 8:57am
Quoting moneybookers
nice chart,plan to reenter short on retracement.
Hello

At about 134.xx?
Work smart not hard
  • #159,224
  • Feb 10, 2009 8:58am Feb 10, 2009 8:58am
Quoting moneybookers
nice chart,plan to reenter short on retracement.
Hello

At around 134.xx?
Work smart not hard
  • #159,225
  • Feb 10, 2009 9:01am Feb 10, 2009 9:01am
1hr and 4hr touched 200ema. Let's see if she wants to break over the next few hours.

I'll be looking for more shorts, but not yet.
  • #159,226
  • Feb 10, 2009 9:03am Feb 10, 2009 9:03am
Sir,

Thanks for ur great thread,its working well.Its a great work.

I am from india ,using etoro software.

Suggest me,which software is more profitable to us.

Kindly suggest me which reward ratio which we should use,i am in great confuse,

kindly suggest me the timeframe(TF) while using ur thread.

regards,
vasudevan
  • #159,227
  • Feb 10, 2009 9:03am Feb 10, 2009 9:03am
Quoting ukdaytrader
Brave man.
Good luck.
Trying to make some pips on a retrace. I lost a bunch overnight as I slept on E/G and G/C.

SL at +1.
  • #159,228
  • Feb 10, 2009 9:05am Feb 10, 2009 9:05am
Quoting bigcoupe
Trying to make some pips on a retrace. I lost a bunch overnight as I slept on E/G and G/C.

SL at +1.

Do you think it will reach 134.xx area before down again?
  • #159,229
  • Feb 10, 2009 9:05am Feb 10, 2009 9:05am
GU working on another leg down towards 1.44 after falling thru 1.4590 so GJ should drag down with it.
Patience + Humility + Study = Success
  • #159,230
  • Feb 10, 2009 9:06am Feb 10, 2009 9:06am
Quoting fxinthesun
Do you think it will reach 134.xx area before down again?
I hope so but I dont see it happening.
  • #159,231
  • Feb 10, 2009 9:08am Feb 10, 2009 9:08am
Quoting sony
Hello

At around 134.xx?
13360 if gj can retraces to there
  • #159,232
  • Feb 10, 2009 9:10am Feb 10, 2009 9:10am
Quoting DutchTrader
GU working on another leg down towards 1.44 after falling thru 1.4590 so GJ should drag down with it.
14580 is strong support,if we break it gj will tank another 200-300pips

i expect gu to retrace to 14680-90 area,and gj will retest 13360 area,will add short there
  • #159,233
  • Feb 10, 2009 9:16am Feb 10, 2009 9:16am
Quoting bigcoupe
Bought at 132

SL is open
TP is 133 at which time I will start selling.
  • #159,234
  • Feb 10, 2009 9:19am Feb 10, 2009 9:19am
Took some longs down near 132.50 and looking for 134.00 for target and then scoping for shorts.
  • #159,235
  • Feb 10, 2009 9:21am Feb 10, 2009 9:21am

  1. London close
  2. Wall street on Lunch break [they come back after 2:00pm EST]
  3. volume dropping..
  4. retracemet time.. no much acton in next H, H1/2
  5. we may retrace 133.50 or 134.60
  6. next move down or Up is after 2pm.. or on NY close..

chart:

Attached Image (click to enlarge)
Click to Enlarge Name: dds-85.png Size: 38 KB
  • #159,236
  • Feb 10, 2009 9:21am Feb 10, 2009 9:21am
Quoting bigcoupe
TP is 133 at which time I will start selling.
I couldn't hold through all that sideways action, I closed mine. Good hold!
  • #159,237
  • Feb 10, 2009 9:23am Feb 10, 2009 9:23am
Quoting PracticalPip
Took some longs down near 132.50 and looking for 134.00 for target and then scoping for shorts.

the stimulus package is conceived by the market as not enough ..... and not fast enough .

we can see that

I sat aside most of the day .... I sold right at 135 ... with a 35 pips stop (typically use 50 pips) .. wham she got me .. I then kept selling rallies all way down , but got out when PA was to crazy with 100 pip sudden spikes and rubbish like that.

I do not think the market is going to take well to the stimulus package . that was the only thing keeping it afloat

you have -78% fib daily pivot at 132.90 .
Blogging daily now at www.volume.zone
  • #159,238
  • Feb 10, 2009 9:37am Feb 10, 2009 9:37am
Quoting bigcoupe
TP is 133 at which time I will start selling.

hats off .. nice trade ... i got no stomach for this market today ... unlike me .. so sitting aside
Blogging daily now at www.volume.zone
  • #159,239
  • Feb 10, 2009 9:52am Feb 10, 2009 9:52am
Quoting bigcoupe
TP is 133 at which time I will start selling.
Phew...I'm out and have a sell order with shorts at 133, 133.5, 134, 134.5, and so on.

B
  • #159,240
  • Feb 10, 2009 9:56am Feb 10, 2009 9:56am
Quoting Piters

  1. London close
  2. Wall street on Lunch break [they come back after 2:00pm EST]
  3. volume dropping..
  4. retracemet time.. no much acton in next H, H1/2
  5. we may retrace 133.50 or 134.60
  6. next move down or Up is after 2pm.. or on NY close..

chart:

Are u looking at retracement to either 15m gann or 1h 50ema, or what specific area helped u determine these figures of 133.5 and 134.6? just to learn. thanks.
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