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

  • #162,461
  • Feb 26, 2009 6:05am Feb 26, 2009 6:05am
Quoting gillybabe
Thanks. I was short from the top 139.9 but got scared that it was not going down so came out for a few! when will I learn?


gotta have faith and understand something for something meaning no risk no gain

could be totally wrong in here as well BUT the pain could be worth it, just dont let them chop off your head ever if your wrong
"Millionaires don't use astrology, billionaires do"
  • #162,462
  • Feb 26, 2009 6:07am Feb 26, 2009 6:07am
Quoting Flem26
crude going back into the abyss? bring it on . . .

yea maybe not finding many buyers up here, but that market is a freight train when the players are active, right now quiet so hard tellin not knowing
"Millionaires don't use astrology, billionaires do"
  • #162,463
  • Feb 26, 2009 6:19am Feb 26, 2009 6:19am
Q4 GM posts loss of $9.65 a share vs $7.39 consensus
  • #162,464
  • Feb 26, 2009 6:31am Feb 26, 2009 6:31am
Quoting malcolmb14
ok last post

1000 pip ? please show me the post .. I can barely think 1 day ahead in this business let alone 1000 pip....
25% chance is that this goes to 141.
25% chance is that this goes to 141.01.
25% chance is that this goes to 139.99.
25% chance is that this goes to 139.90 and then to 141.

suggest what to do.

i am confused
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  • #162,465
  • Feb 26, 2009 6:33am Feb 26, 2009 6:33am
This Baby Going To 150 If You Are Short Be Careful Grab What You Can & Get Out
  • #162,466
  • Feb 26, 2009 6:35am Feb 26, 2009 6:35am
Quoting GreekEagle
This Baby Going To 150 If You Are Short Be Careful Grab What You Can & Get Out
fine, i will grab my towel and go for a shower.
  • #162,467
  • Feb 26, 2009 6:39am Feb 26, 2009 6:39am
I had to giggle last night when AZ posted about yen, But i can understand its really being a corker lately, seems im taking a hit here like everyone else, seems like she just absorbs and offer thrown out there, endless buying of dollars
"Millionaires don't use astrology, billionaires do"
  • #162,468
  • Feb 26, 2009 6:42am Feb 26, 2009 6:42am
Quoting OrionsWay
I had to giggle last night when AZ posted about yen, But i can understand its really being a corker lately, seems im taking a hit here like everyone else, seems like she just absorbs and offer thrown out there, endless buying of dollars

Very true. It is a pain in the d***. But like what goes up has to go down also so it should correct if not fall since UJ has gone in one go straight up up up. Every level i feel it will come down but no signs. May be the pros are aiming for a big fall so taking the retail buyers along and then tank it
  • #162,469
  • Feb 26, 2009 6:43am Feb 26, 2009 6:43am
Quote
dialpipsis this bear flag on 1h? pls, can someone correct me, if i'm wrong?

'Morning Dialpips,

Here's my take on the Hrly Chart. If you reference the Short move from yesterday, then yes we are in a Bear Flag. However, on the 1 hour chart you also had a TLB and Double bottom. Since that Double Bottom, the PA has been making higher highs and higher lows on the hrly chart. That defines an uptrend.

On a shorter time frame you can trade this as an uptrend until you see a TLB or a DT or a 1-2-3 Short pattern.

If you keep moving to higher time frames you will see a medium Up trend and a longer Down Trend.

You need to have a flexible point of view and know which time frame you are
trading on. Then when you see a trade you can take it. By flexible I mean you need to see how the trade could move against you.

Hope this helps.

B.
  • #162,470
  • Feb 26, 2009 6:46am Feb 26, 2009 6:46am
Quoting Big Bruv
added final lot @ 138...now will sit and enjoy the ride...

close below 135 will close out those trades....baby



still got my longs open from 127.50...

laters everyone off to see the wifey...baby

Don't forget these are long term trades with next tp @ 150 then 170.
oh baby......don't you just love it when it goes pop....

SL now @ +1 of 139 ...will move to +1 of 140 when price reaches 141...baby and that will be all she wrote
  • #162,471
  • Feb 26, 2009 6:47am Feb 26, 2009 6:47am
Quoting balajis
Very true. It is a pain in the d***. But like what goes up has to go down also so it should correct if not fall since UJ has gone in one go straight up up up. Every level i feel it will come down but no signs. May be the pros are aiming for a big fall so taking the retail buyers along and then tank it

sounds like the proper psychology indeed
"Millionaires don't use astrology, billionaires do"
  • #162,472
  • Feb 26, 2009 7:01am Feb 26, 2009 7:01am
took a small short with stop just above R1
I recommend you read something else as this sentence is now concluded.
  • #162,473
  • Feb 26, 2009 7:03am Feb 26, 2009 7:03am
caught a stop arrrg reshorted 98.15
nothing on the table for them to see manual exits

they will adjust this yen monster quickly on news i think
"Millionaires don't use astrology, billionaires do"
  • #162,474
  • Feb 26, 2009 7:11am Feb 26, 2009 7:11am
Quoting Obaidah
took a small short with stop just above R1
that entry was based on PA, however, added another short so now risking what mades up ~1.5 of my account, later folks..
I recommend you read something else as this sentence is now concluded.
  • #162,475
  • Feb 26, 2009 7:13am Feb 26, 2009 7:13am
Quoting Obaidah
that entry was based on PA, however, added another short so now risking what mades up ~1.5 of my account, later folks..

good short, 75% retrench wave 2 ?
"Millionaires don't use astrology, billionaires do"
  • #162,476
  • Feb 26, 2009 7:37am Feb 26, 2009 7:37am
My long hit tp. Now it looks short because UJ could possibly be retracing (look out below). It hit the daily 200 ema. It looks to me like GJ has tried to retest the high but failed. If it does not make a new high today, I will looking to sell rallies. It "could" tank. I hate to short when the uptrend is still intact so I may just watch. I need to see how UJ behave in the next few hours.
  • #162,477
  • Feb 26, 2009 7:38am Feb 26, 2009 7:38am
Quoting Obaidah
that entry was based on PA, however, added another short so now risking what mades up ~1.5 of my account, later folks..
I think you were the one who posted "market profile.mq4" sometimes ago, right?

I just wanted to ask about those colors. It consists of 3 colors. What do they mean? I mean what is the difference between red and blue or yellow while I see sometimes they overlap each other.

thanks
Discipline + Patience - Fear - Greed = Success
  • #162,478
  • Feb 26, 2009 7:42am Feb 26, 2009 7:42am
Quoting arezab
I
thanks

Your short is amungst us now in yen
"Millionaires don't use astrology, billionaires do"
  • #162,479
  • Feb 26, 2009 7:58am Feb 26, 2009 7:58am
I can honestly not see with the unnatural moves in geppy why anyone would be short.? Sure the charts can be good for some scalps, but to predict this thing will fall heavily belies what is actually happening.

We've had a significant upmove hitting previous heavy resistance, a subsequent retrace was wholly expected. Now, it looks likely to test the high again.

Dow and S&P correlation has gone, so we should not look for the normal Yen movements.

JMHO of course, but I have been saying this for weeks that any crash in GY must be supported by the big players of which the BoJ are one.

My longs are now in the money and I'll be holding to see if 141.50 gets taken...
  • #162,480
  • Feb 26, 2009 8:05am Feb 26, 2009 8:05am
Quoting grashid
I'll be watch this movement and try to put another sell limit @ 140.70 for another 1 lot then see how she react....Anyway appreciate for you input...am a bit curious tonight(asian time) as most of bull **** news will coming in....worried everything may seen out of control..

DJ H2 look nice pin while am looking for below 7200 or even lower to 69++ tonight. Weekly DJ still in bearish...
I will hold this sell limit with tp@ 139.70 for 100 pips (hope tomorrow asian session will close)

Then put my buy stop@ 141.10 and TP=141.80...that all for this week...aiseh...look a bit greedy lol while spending my vacation..

DJ seems going to 7250...
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