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

  • #160,741
  • Feb 16, 2009 1:33am Feb 16, 2009 1:33am
Quoting malcolmb14
also buying dips was profitable last week .....so everyone won....green pips all around

hey easy on the green pips all around....i ended the week in the red

but i got them back tonight so far
  • #160,742
  • Feb 16, 2009 1:34am Feb 16, 2009 1:34am
Quoting forextine
I don't know who lilmoe is haha.
Lilmoe one of the expert trader in this thread...

where he is now..? I think I miss Him.. and miss His Crapper lol..
  • #160,743
  • Feb 16, 2009 1:44am Feb 16, 2009 1:44am
Quoting NwFXenthsist
hey easy on the green pips all around....i ended the week in the red

but i got them back tonight so far
sorry ... but you got them back ..... good job
Blogging daily now at www.volume.zone
  • #160,744
  • Feb 16, 2009 1:46am Feb 16, 2009 1:46am
Quoting Piters
lol, guys,

There are pleanty of Pips to down side, dont Jump on train still. Wait when we pass Daily Gann 129.35

last week just remember how many times we bounced from there. We may bounce another 100pips from the 129.30

the safe shorts are below 129.00 IMHO

cheers!
Hi Piters, was wondering what you think about GBPUSD this week, is it time to go short or wait for a bounce just like with GBPJPY? Thanks
  • #160,745
  • Feb 16, 2009 1:48am Feb 16, 2009 1:48am
Quoting Norte
Lilmoe one of the expert trader in this thread...

where he is now..? I think I miss Him.. and miss His Crapper lol..
I hope he's alright

http://www.forexfactory.com/showpost...&postcount=708
  • #160,746
  • Feb 16, 2009 2:04am Feb 16, 2009 2:04am
Quoting KillerWhale
Hmm, maybe the buyers are still sleeping in London?
Like I said some time ago, the buyers are in London
New voice message: Why are you calling me? If I need you, I'll call you!
  • #160,747
  • Feb 16, 2009 2:07am Feb 16, 2009 2:07am
Does London want to close the gap ?
  • #160,748
  • Feb 16, 2009 2:11am Feb 16, 2009 2:11am
Quoting KillerWhale
Like I said some time ago, the buyers are in London
Be careful. Lloyds Bank has dropped 20% within minutes of the open. Any hint of nationalisation will send Sterling plunging. I will not be long GY for now.
  • #160,749
  • Feb 16, 2009 2:19am Feb 16, 2009 2:19am
classic bull trap
a break lower (any fairly significant level u want) and its game over
  • #160,750
  • Feb 16, 2009 2:21am Feb 16, 2009 2:21am
Quoting boxingislife
classic bull trap
a break lower (any fairly significant level u want) and its game over
  • #160,751
  • Feb 16, 2009 2:21am Feb 16, 2009 2:21am
Quoting ukdaytrader
Be careful. Lloyds Bank has dropped 20% within minutes of the open. Any hint of nationalisation will send Sterling plunging. I will not be long GY for now.

we bounced right off Wednesdays point of control ..... 129.60 ..

not sure what Is going on now .... tried sell of 130.4 ..... went down to test 130 ... but very choppy. .....

I am off to bed ....good luck everyone.

I have no trade right now .... still favour downside as long as we do not take out 131

this choppy actions here looks like a shake out of weak shorts
Blogging daily now at www.volume.zone
  • #160,752
  • Edited 2:55am Feb 16, 2009 2:37am | Edited 2:55am
Quoting ukdaytrader
Be careful. Lloyds Bank has dropped 20% within minutes of the open. Any hint of nationalisation will send Sterling plunging. I will not be long GY for now.
Thanks for the update, I'm net short at the moment, I just hope that I can close a long that I have from Friday at a better rate then as it is at this moment.

Orca

Edit: But it doesn't look like it
Edit 2: Or does it?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #160,753
  • Feb 16, 2009 2:52am Feb 16, 2009 2:52am
Im looking for some script,mt4.
It should close all positions (opened and pending) when overall profit is set to some value.
It doesnt matter which position made profit and which is loosing
Can anybody modify existing scripts or write a new one ?
or maybe u know where i can find that script
  • #160,754
  • Feb 16, 2009 2:52am Feb 16, 2009 2:52am
Looking bullish here, but like Malcolm, I'm not willing to pick a side.
  • #160,755
  • Feb 16, 2009 2:53am Feb 16, 2009 2:53am
Quoting oleevier
Im looking for some script,mt4.
It should close all positions (opened and pending) when overall profit is set to some value.
It doesnt matter which position made profit and which is loosing
Can anybody modify existing scripts or write a new one ?
or maybe u know where i can find that script
That would be nice, I sometimes have up to 8 orders open, and to close them all I have to one by one, and it truly is a pain. Let me know if you find anything.
  • #160,756
  • Feb 16, 2009 3:04am Feb 16, 2009 3:04am
Quoting forextine
That would be nice, I sometimes have up to 8 orders open, and to close them all I have to one by one, and it truly is a pain. Let me know if you find anything.
Dear forextine, you have now about 70 ++ postings in the last 12 hours. It would be very nice if you only would post if you really have to say something important.
Do you really think that people are waiting for this? I personally want to read the more important postings of the experienced traders and learn from them, and read the questions from the less experienced traders.
I'm not waiting for some one who needs to post every single thought and I DON'T THINK ANYONE IS WAITING FOR THAT.

You are one of the people that make experienced traders have second thoughts about this thread and finally they will leave because there is to much worthless posting in this thread.

ORCA
New voice message: Why are you calling me? If I need you, I'll call you!
  • #160,757
  • Feb 16, 2009 3:09am Feb 16, 2009 3:09am
atm i'm just finding it very disconcerting that the GJ and DJ futures are now going in opposite directions.

With that news on Lloyds TSB, something smells very fishy

Edit: Now look, the CBI's just published a paper saying the UK is going deeper into recession with 2010 to log 0% growth and the GJ instantly breaks upper resistances and lurches forward 60 pips.
  • #160,758
  • Feb 16, 2009 3:12am Feb 16, 2009 3:12am
That is the 61.8 level of the the last higher high and lower lower, watch out cause the 50 EMA would be taken out, the bias for short is questionable
  • #160,759
  • Feb 16, 2009 3:13am Feb 16, 2009 3:13am
This is for anyone know actively trades the QQE + Gann system.

Can the same basic rules be applied to the Weekly and Daily TFs?

I've been looking at these TFs also and have noticed the Weekly looks primed for a bullish move, QQE crossed up. Now providing the Weekly Gann crosses to the upside, could we then look to the Daily for a direction?

So, the 'safe' trade would be to wait until the Weekly Gann crosses up, allow the Daily Gann to cross lower and then enter long on the Daily Gann cross up.?
  • #160,760
  • Feb 16, 2009 3:13am Feb 16, 2009 3:13am
That is the 61.8 level of the the last higher high and lower lower, watch out cause the 50 EMA would be taken out, the bias for short is questionable
I have gone long and up by over 30 pips.GJ is following GU cause the support of GU on 1.4160 is hard to break
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