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

  • #165,301
  • Mar 11, 2009 8:48pm Mar 11, 2009 8:48pm
Quoting forexlion
those are your trades you decide
i played the swing bottom to top cashed out playing it again prolly be alot more draw down im ok with that


scalps are like playing ross hooks IMO not sure what u concider a scalp or not
"Millionaires don't use astrology, billionaires do"
  • #165,302
  • Mar 11, 2009 8:49pm Mar 11, 2009 8:49pm
Quoting forexlion
The Lion comes online on a new day thursday and the tanking continues.

So, where do we stop ??

what are the important levels to watch for possible support/retrace.

Here are the important levels along the way, which can influence the current tanking

  1. 133.38
  2. 131.44
  3. 129.50
  4. 126.73

Before any of these levels is either reached or touched atleast once do not close the shorts, if you are a long term trader, but if you are a short term scalper then you are the best judge.

watch out. tomorrow is a reversal date. if we rally from here then it should be reversal off the high. good for shorts. but if we continue to drop then it should be off the low.
  • #165,303
  • Mar 11, 2009 8:54pm Mar 11, 2009 8:54pm
Still on the path for retracement to 38.6% and 50% before rebound..

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  • #165,304
  • Mar 11, 2009 9:04pm Mar 11, 2009 9:04pm
Quoting pkimnyc
watch out. tomorrow is a reversal date. if we rally from here then it should be reversal off the high. good for shorts. but if we continue to drop then it should be off the low.
till 133.38 i have no worries

if it breaks then i will automatically get full confirmation for the next level

unless 1 hour 13 ema, goes above 4 hour 13 ema, there will be no trend change for me.
  • #165,305
  • Mar 11, 2009 9:08pm Mar 11, 2009 9:08pm
Quoting forexlion
till 133.38 i have no worries

if it breaks then i will automatically get full confirmation for the next level

unless 1 hour 13 ema, goes above 4 hour 13 ema, there will be no trend change for me.
  • #165,306
  • Mar 11, 2009 9:24pm Mar 11, 2009 9:24pm
Bloomberg has it own separate Madoff section now
  • #165,307
  • Mar 11, 2009 9:39pm Mar 11, 2009 9:39pm
Quoting forexlion
If GJ closes a 4 hour candle below 135.50 then we tank hard to 127
That's strange I don't see 127 on my quote screen. Are you sure you weren't referring to EURJPY?
{Some Profound Statement goes here}
  • #165,308
  • Mar 11, 2009 9:41pm Mar 11, 2009 9:41pm
Quoting pkimnyc
watch out. tomorrow is a reversal date. if we rally from here then it should be reversal off the high. good for shorts. but if we continue to drop then it should be off the low.
sorry I'm thick. Do you mean direction is not determined but there will be a change of direction during NY session? Is this based on a 3 day cycle?
  • #165,309
  • Mar 11, 2009 9:42pm Mar 11, 2009 9:42pm
Quoting bpatto
That's strange I don't see 127 on my quote screen. Are you sure you weren't referring to EURJPY?
even i do not see anything in your head

its a long term swing trade btw off daily charts.
  • #165,310
  • Mar 11, 2009 9:44pm Mar 11, 2009 9:44pm
Quoting alearner
sorry I'm thick. Do you mean direction is not determined but there will be a change of direction during NY session? Is this based on a 3 day cycle?
no. it's based on price and time that i don't know in detail how to figure it out yet. i get these dates from my master.
  • #165,311
  • Mar 11, 2009 9:44pm Mar 11, 2009 9:44pm
Quoting forexlion
even i do not see anything in your head

its a long term swing trade btw off daily charts.
Since when is "Tanking Hard" 100 pips on Geppy? And stop referring to yourself in the third person.
{Some Profound Statement goes here}
  • #165,312
  • Mar 11, 2009 9:51pm Mar 11, 2009 9:51pm
Thankfully there is a trash can for trouble makers. Enjoy your new home.
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  • #165,313
  • Mar 11, 2009 9:53pm Mar 11, 2009 9:53pm
Quoting forexlion
Thankfully there is a trash can for trouble makers. Enjoy your new home.
be nice.
  • #165,314
  • Mar 11, 2009 9:59pm Mar 11, 2009 9:59pm
Quoting pkimnyc
be nice.
Ok bro, Next time on I will not respond, just iggy them.
  • #165,315
  • Mar 11, 2009 10:01pm Mar 11, 2009 10:01pm
Quoting pkimnyc
watch out. tomorrow is a reversal date. if we rally from here then it should be reversal off the high. good for shorts. but if we continue to drop then it should be off the low.
well, what i posted was the mainline trend,

but

in between there is plenty of pips to be made for scalpers
  • #165,316
  • Mar 11, 2009 10:17pm Mar 11, 2009 10:17pm
Quoting forexlion
well, what i posted was the mainline trend,

but

in between there is plenty of pips to be made for scalpers
very disconcerting that GC isn't following today either.
  • #165,317
  • Mar 11, 2009 10:21pm Mar 11, 2009 10:21pm
Quoting forexlion
well, what i posted was the mainline trend,

but

in between there is plenty of pips to be made for scalpers
MORNING

Sorry for asking but in between which point are plenty of pips for scalpers.

Thanks
Cheers.
When nothing goes right... go left.
  • #165,318
  • Mar 11, 2009 10:22pm Mar 11, 2009 10:22pm
Quoting Eulogy
very disconcerting that GC isn't following today either.
The future of further tanking now depends on a 4 hour candle close below 133.40
  • #165,319
  • Mar 11, 2009 10:22pm Mar 11, 2009 10:22pm
Quoting Eulogy
very disconcerting that GC isn't following today either.
a bit more room to go down, i think.
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  • #165,320
  • Mar 11, 2009 10:23pm Mar 11, 2009 10:23pm
Quoting mtajazz
MORNING

Sorry for asking but in between which point are plenty of pips for scalpers.

Thanks
Cheers.
use weekly fib expansion for collecting pips in between, its worked well for me.
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