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

  • #160,641
  • Feb 15, 2009 10:14pm Feb 15, 2009 10:14pm
Quoting malcolmb14
but the question is would greed of allowed you to ???...lol

I always say ... once I make x amount of pips i am taking rest of week off ...last week hit target Tuesday and was still trading Friday ....lol
That is true also lol. I make my self little promises lke that all the time and end up continueing.

But idk about you, that last trade can hurt sometimes. One day I'll just turn off the computer. If we hit 127, I may not be around all week thats for sure lol.
  • #160,642
  • Feb 15, 2009 10:14pm Feb 15, 2009 10:14pm
Quoting pkimnyc
as long as you are in profit bro...
it's all good.

Yes, green pips are much better than red pips, that's for sure.
  • #160,643
  • Feb 15, 2009 10:14pm Feb 15, 2009 10:14pm
Quoting forextine
It's possible, considering we have had no attempt to close that gap, it's my guess that we won't be and we continue down.
I've seen many times that the gap closed a few days later. I've only seen once that the gap didn't close. I think its very unlikely that it goes straight down from here.

Orca
New voice message: Why are you calling me? If I need you, I'll call you!
  • #160,644
  • Feb 15, 2009 10:14pm Feb 15, 2009 10:14pm
Quoting cohiba pips
hmmmm i smell something and it aint good lol

watch this space forextine
What do you mean?
  • #160,645
  • Feb 15, 2009 10:16pm Feb 15, 2009 10:16pm
Quoting KillerWhale
I've seen many times that the gap closed a few days later. I've only seen once that the gap didn't close. I think its very unlikely that it goes straight down from here.

Orca
There is a gap from January 8th or so that didn't close until early Feb.

We could go straight up and close and continue up, or go down before closing, all I'm saying is, I have yet to see an attempt to reach it, telling me that buyers aren't there to take it up (at this time)
  • #160,646
  • Feb 15, 2009 10:16pm Feb 15, 2009 10:16pm
1 hour 131.30
4 hour 130.05

they are squeezing her......
Blogging daily now at www.volume.zone
  • #160,647
  • Feb 15, 2009 10:18pm Feb 15, 2009 10:18pm
Quoting malcolmb14
1 hour 131.30
4 hour 130.05

they are squeezing her......
Looking at both UJ and GU, they look bearish, so would that be a double bearish for GJ?
  • #160,648
  • Feb 15, 2009 10:22pm Feb 15, 2009 10:22pm
Quoting forextine
That is true also lol. I make my self little promises lke that all the time and end up continueing.

But idk about you, that last trade can hurt sometimes. One day I'll just turn off the computer. If we hit 127, I may not be around all week thats for sure lol.

might be best thing ..... if you believe in your trade .... set limit and stop..... and shut her down

listening to guys on ff can get you all flustered
Blogging daily now at www.volume.zone
  • #160,649
  • Feb 15, 2009 10:23pm Feb 15, 2009 10:23pm
Quoting forextine
There is a gap from January 8th or so that didn't close until early Feb.

We could go straight up and close and continue up, or go down before closing, all I'm saying is, I have yet to see an attempt to reach it, telling me that buyers aren't there to take it up (at this time)
Hmm, maybe the buyers are still sleeping in London?
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  • #160,650
  • Feb 15, 2009 10:24pm Feb 15, 2009 10:24pm
Quoting forextine
I guess, but I'd miss out on the meat of the move. Remember when we were at 137, I posted a picture here saying we goto 132s, I nailed it and then some. I sold for maybe 50 pips, instead of the 500! I woulda been able to take the month off lol.
hey 50 pips is good, no matter what. that was a 1k move, and alot of people got skewered when they thought that the bull was back.

i managed to cap 620 pips off that move but it should be noted that at one time i was holding onto a 200+ pip DD. I trade relatively small positions so that's ok. If you went in big time without stops that move would've killed you.
  • #160,651
  • Feb 15, 2009 10:25pm Feb 15, 2009 10:25pm
Quoting malcolmb14
might be best thing ..... if you believe in your trade .... set limit and stop..... and shut her down

listening to guys on ff can get you all flustered
I don't listen to most on here, no offense guys haha, I like to see others opinions, and I'm not going long cause you said so, you know what I mean? If I like a short I'll take the short, it's just keeping to my guns, and waiting for the trade to develop.

Premature exiting
  • #160,652
  • Feb 15, 2009 10:26pm Feb 15, 2009 10:26pm
Quoting KillerWhale
Hmm, maybe the buyers are still sleeping in London?
Or maybe sellers are still sleeping
  • #160,653
  • Feb 15, 2009 10:28pm Feb 15, 2009 10:28pm
Quoting Eulogy
hey 50 pips is good, no matter what. that was a 1k move, and alot of people got skewered when they thought that the bull was back.

i managed to cap 620 pips off that move but it should be noted that at one time i was holding onto a 200+ pip DD. I trade relatively small positions so that's ok. If you went in big time without stops that move would've killed you.
Yeah, but I'm quick to see a possible direction, but I sell way before the direction finishes, and I beat myself over it. But you know what, sometimes I'm right closing early, so it's a iffy feeling.
  • #160,654
  • Feb 15, 2009 10:28pm Feb 15, 2009 10:28pm
Quoting malcolmb14
might be best thing ..... if you believe in your trade .... set limit and stop..... and shut her down

listening to guys on ff can get you all flustered
Another test of that 130.26 area
  • #160,655
  • Feb 15, 2009 10:30pm Feb 15, 2009 10:30pm
Quoting forextine
What do you mean?
nothing really - i hope all goes well for everyone here - ill start trading from wednesday this week good luck all im out - shouldnt have taken that risk over the weekend but never say never and six months ago that what i said we are a bad bunch
  • #160,656
  • Feb 15, 2009 10:31pm Feb 15, 2009 10:31pm
Quoting forextine
Yeah, but I'm quick to see a possible direction, but I sell way before the direction finishes, and I beat myself over it. But you know what, sometimes I'm right closing early, so it's a iffy feeling.

so become a day trader .....

I suck at holding and would rather be in and out a few times

even for only 20 pips.....

some days swing traders get into range ..... and if you learn how to play ranges you can load up

there was one this week that netted 500pips ....in US session
Blogging daily now at www.volume.zone
  • #160,657
  • Feb 15, 2009 10:31pm Feb 15, 2009 10:31pm
Quoting forextine
Or maybe sellers are still sleeping
AGREE
New voice message: Why are you calling me? If I need you, I'll call you!
  • #160,658
  • Feb 15, 2009 10:33pm Feb 15, 2009 10:33pm
Quoting malcolmb14
so become a day trader .....

I suck at holding and would rather be in and out a few times

even for only 20 pips.....

some days swing traders get into range ..... and if you learn how to play ranges you can load up

there was one this week that netted 500pips ....in US session
being in school, I can't spent too much time trading intra-day. Which is why I use the 1hr/4hr to pick directions and if I have time zoom in and use smaller time frames to enter. If no time, I'll place a few orders to avg my position. The time will come where I'll be able to sit here and learn .

What's volume like now?
  • #160,659
  • Feb 15, 2009 10:34pm Feb 15, 2009 10:34pm
Quoting cohiba pips
nothing really - i hope all goes well for everyone here - ill start trading from wednesday this week good luck all im out - shouldnt have taken that risk over the weekend but never say never and six months ago that what i said we are a bad bunch
Were you long over the weekend? Sorry man. See ya Wednesday then
  • #160,660
  • Feb 15, 2009 10:35pm Feb 15, 2009 10:35pm
BB bands looking really tight on the 5 and 15. Getting ready to make the move?
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