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

  • #162,001
  • Feb 24, 2009 6:30am Feb 24, 2009 6:30am
i say we have our last hurrah and reverse on the london fix or 21:00 gmt
"Millionaires don't use astrology, billionaires do"
  • #162,002
  • Feb 24, 2009 6:38am Feb 24, 2009 6:38am
Quoting forexlion
Attention:

  1. We broke a major, I repeat a major resistance zone, which is now a major support at 138.84.
  2. I am all out for 141.52 first and then 144.20

If you short here then say your prayers first to each of the 300,000 Indian gods and goddesses.

I have been discussing this trade since yesterday, right from where we began the trade @ 136.67 major support.

Avoid shorts unless you know what you are doing.

you're not watching H4 chart, are you? however, i've already made my prayers to the only God i believe in.

thanks for your analysis and keep the good work up!
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I recommend you read something else as this sentence is now concluded.
  • #162,003
  • Feb 24, 2009 6:50am Feb 24, 2009 6:50am
stopping on major res, the fade is overwleming me thinks, maybe an irregular flat being built here. If not the red then aqua above will hold for now at 140
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"Millionaires don't use astrology, billionaires do"
  • #162,004
  • Feb 24, 2009 6:54am Feb 24, 2009 6:54am
hedged the zulu acc @ 39.11 sl .50 tp 36.8
"Millionaires don't use astrology, billionaires do"
  • #162,005
  • Feb 24, 2009 6:58am Feb 24, 2009 6:58am
Reasons I am on a long Bias:

1. Price has broken previous high on 4H.
2. Price has broken R1, and have not reached R2, so there is still room to go upwards.
3. News today "RED" one was good for GBP
4. USD may be going down.
5. On Daily Chart, Price seems to want to move upwards.

Current reality:

1. I am down by 30pips on a long trade.
2. There is resistance at 139.50

What's next:

1. Praying that the resistance will break fully. And we will be seeing a long trade all the way to first TP of 141 and second TP of 145.

After all I am a forex learner, I learn by trading microlots. Not a big risk for me but definitely better than DEMOING which is simpy EASY! Try with real money.
  • #162,006
  • Feb 24, 2009 7:05am Feb 24, 2009 7:05am
Quoting forexlearner
Reasons I am on a long Bias:

1. Price has broken previous high on 4H.
2. Price has broken R1, and have not reached R2, so there is still room to go upwards.
3. News today "RED" one was good for GBP
4. USD may be going down.
5. On Daily Chart, Price seems to want to move upwards.

Current reality:

1. I am down by 30pips on a long trade.
2. There is resistance at 139.50

What's next:

1. Praying that the resistance will break fully. And we will be seeing a long trade all the way to first TP of 141 and second TP of 145.

After all I am a...

i agree, u must put your money where your belief structure lay, even if small play. For how else can u built a knowledge base of your own understanding when all that is done is emotion free. Winning isnt everything but losing really sucks when your own money on the line even if only 20 bucks at a time. Trading is all about psychology of markets and self mastery GL with you journey!!!!
"Millionaires don't use astrology, billionaires do"
  • #162,007
  • Feb 24, 2009 7:06am Feb 24, 2009 7:06am
USD/JPY is reaching 2008's march low resistance

Think about it.
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  • #162,008
  • Feb 24, 2009 7:25am Feb 24, 2009 7:25am
Hi piters,
I have drawn some lines on the 5minutes S&P future...
waiting for the break of this triangle.
What do you think ? Do you see something different?
Thanks!
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  • #162,009
  • Feb 24, 2009 7:27am Feb 24, 2009 7:27am
Quoting Obaidah
trying small short here with tight stop
SL moved to BE, was about to add another one but i've learned not to be greedy, i gotta study, later folks..
I recommend you read something else as this sentence is now concluded.
  • #162,010
  • Feb 24, 2009 7:33am Feb 24, 2009 7:33am
Quoting forexlion
nice try at avoiding to join zulu.

true or not ?

do you have to put signals in their platform if so how you supposed to trade your own account ... ?????
Blogging daily now at www.volume.zone
  • #162,011
  • Feb 24, 2009 7:38am Feb 24, 2009 7:38am
Quoting malcolmb14
true or not ?

do you have to put signals in their platform if so how you supposed to trade your own account ... ?????

It probably just compiles from your account base directly into theirs, for those who use any of those broker bucketshops
"Millionaires don't use astrology, billionaires do"
  • #162,012
  • Feb 24, 2009 7:38am Feb 24, 2009 7:38am
Quoting malcolmb14
true or not ?

do you have to put signals in their platform if so how you supposed to trade your own account ... ?????
Just leave him alone, let's talk about GJ and not this zulu bullshyt again.

Thanks.
Trade what you see, not what you think.
  • #162,013
  • Feb 24, 2009 7:46am Feb 24, 2009 7:46am
I know off topic ... but this seems like a fairly straight forward set up if the bear flag breaks down on gbpchf ...

ES is under 750 and if it moves down again today we may see gbpchf move down if flight to safety is in gold...

the pattern seemed to obvious not to post

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Blogging daily now at www.volume.zone
  • #162,014
  • Feb 24, 2009 7:46am Feb 24, 2009 7:46am
Quoting malcolmb14
true or not ?

do you have to put signals in their platform if so how you supposed to trade your own account ... ?????
stop advertising zulu, i already told u i won't pay a dime for it.

get back to trading GJ now.
  • #162,015
  • Feb 24, 2009 7:47am Feb 24, 2009 7:47am
I think that is it a TIME to ask Forex Factory to organize a FX Trading Contest!!!

j/k
  • #162,016
  • Feb 24, 2009 7:51am Feb 24, 2009 7:51am
GU is not helping us GJ bulls at the moment....
  • #162,017
  • Feb 24, 2009 7:52am Feb 24, 2009 7:52am
buying euro low's today should yeild about 200 + over the next cpl days for those who can get it
"Millionaires don't use astrology, billionaires do"
  • #162,018
  • Feb 24, 2009 7:53am Feb 24, 2009 7:53am
Quoting Piters
I think that is it a TIME to ask Forex Factory to organize a FX Trading Contest!!!

j/k
  • #162,019
  • Feb 24, 2009 7:59am Feb 24, 2009 7:59am
Quoting belekas
only Nude mate...

We are trading NAKED!
  • #162,020
  • Feb 24, 2009 8:00am Feb 24, 2009 8:00am
Quoting forexlion
bikini trading contest ?

j/k

hehe... very funny NOT
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