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

  • #173,561
  • Apr 28, 2009 3:09am Apr 28, 2009 3:09am
Quoting mima
As I said before I respect Piters's experiance but Auslanco is right and there is no need to attack owner of the thread. Regards.
He did not attack Auslanco. I guess u misunderstood his statement.
  • #173,562
  • Apr 28, 2009 3:11am Apr 28, 2009 3:11am
lol.. DID I?? My english is bad.. but you missunderstood my posts.. please go back..and re-read..!!

Sorry guys.. I already asked admins to clear My MESS here ! [delete the conversations]

cheers!
  • #173,563
  • Apr 28, 2009 3:22am Apr 28, 2009 3:22am
Quoting Piters
lol.. DID I?? My english is bad.. but you missunderstood my posts.. please go back..and re-read..!!

Sorry guys.. I already asked admins to clear My MESS here ! [delete the conversations]

cheers!
Piters ignore it ... just do what you do best, you have a lot of support out here ....
  • #173,564
  • Apr 28, 2009 3:30am Apr 28, 2009 3:30am
if breaks 140 then 141 area is the next target
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  • #173,565
  • Apr 28, 2009 3:33am Apr 28, 2009 3:33am
DO NOT TOUCH PITER!

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Work smart not hard
  • #173,566
  • Apr 28, 2009 3:34am Apr 28, 2009 3:34am
Re-entered first small short at 139.81. Will add if it goes either way.
  • #173,567
  • Edited 3:45am Apr 28, 2009 3:42am | Edited 3:45am
Quoting ukdaytrader
Re-entered first small short at 139.81. Will add if it goes either way.
Could I be so bold but what signal did you use to go short?
  • #173,568
  • Apr 28, 2009 3:52am Apr 28, 2009 3:52am
Quoting Geeza.kb
Could I be so bold but what signal did you use to go short?
Many of the trades I make are discretionary. I expected a bounce from the 38% fibo, (118 to 151), and wanted to start entering more shorts at a better price. We've had a small bounce and my bias is still bearish as the Daily LTL has been broken a few times over the last few days. We may well go up more, but it's a small position, so no fuss.

Also some quite strong bearish divergence on the 15m TF.
  • #173,569
  • Apr 28, 2009 3:57am Apr 28, 2009 3:57am
Quoting ukdaytrader
Many of the trades I make are discretionary. I expected a bounce from the 38% fibo, (118 to 151), and wanted to start entering more shorts at a better price. We've had a small bounce and my bias is still bearish as the Daily LTL has been broken a few times over the last few days. We may well go up more, but it's a small position, so no fuss.

Also some quite strong bearish divergence on the 15m TF.
Many thanks for the information, I am still (after all this time) finding my own feet so to speak !!!

Have a good day
  • #173,570
  • Apr 28, 2009 4:32am Apr 28, 2009 4:32am
I see 141.34 then we go down yet again unless we break 139.00 but we shall see I will start to short at the pull back whichis hopefully coming soon.
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  • #173,571
  • Apr 28, 2009 4:36am Apr 28, 2009 4:36am
Here is a better pic
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  • #173,572
  • Apr 28, 2009 4:43am Apr 28, 2009 4:43am
Quoting ukdaytrader
Re-entered first small short at 139.81. Will add if it goes either way.
I hope you has gain you pip, just now it was down to 139.45
newbies yang minat nak belajar forex, sila ym saya, ym: ammal007
  • #173,573
  • Apr 28, 2009 4:49am Apr 28, 2009 4:49am
its like its finding hard to break the line 138.82-6. and its making feel bile in my guts.
  • #173,574
  • Apr 28, 2009 5:09am Apr 28, 2009 5:09am
Quoting Don2kx
its like its finding hard to break the line 138.82-6. and its making feel bile in my guts.
what pair are you referring to,GJ is now around 139.95 already
newbies yang minat nak belajar forex, sila ym saya, ym: ammal007
  • #173,575
  • Edited 5:17am Apr 28, 2009 5:16am | Edited 5:17am
it was finding it hard when i got into the trade but now it has gone way past it, do you also agree it going to get to 141...
  • #173,576
  • Apr 28, 2009 5:22am Apr 28, 2009 5:22am
the next resistance I see is at 140.3... and the movement doesnt seem strong enof to penetrate it to me. what do you think
  • #173,577
  • Apr 28, 2009 5:30am Apr 28, 2009 5:30am
Quoting Networx
Only until we reach 139.48 will there be any chance of a rally. But that is for sure where we are heading....
Again...if you fib correctly you will project well. Works great for this pair. There are fibs on all time frames. Fib every swing high to swing low and see what happens when breaches and reaches destination and when it does not. Now we are in a new hourly fib. Now 142.01 should be fib extension and 139.00 Pay attention to break of either direction. Big picture is pointing down, but this will help you make better decisions. Look at how the cycle has been completed if you had your fib extensions on 146.00 and 141.97. Notice how price retraced after breaching hit the 23.6 extension...broke again almost hit the 1.382 retraced to 38.2, breached but didn't hit extension and retraced to 61.8 then headed to our 161.8 extension. Follow this closely and you will trade smarter, even without the millions of indicators out there.
  • #173,578
  • Apr 28, 2009 5:32am Apr 28, 2009 5:32am
Quoting Networx
Again...if you fib correctly you will project well. Works great for this pair. There are fibs on all time frames. Fib every swing high to swing low and see what happens when breaches and reaches destination and when it does not. Now we are in a new hourly fib. Now 142.01 should be fib extension and 139.00 Pay attention to break of either direction. Big picture is pointing down, but this will help you make better decisions. Look at how the cycle has been completed if you had your fib extensions on 146.00 and 141.97. Notice how price retraced after...
nice post mate !!
  • #173,579
  • Apr 28, 2009 5:36am Apr 28, 2009 5:36am
Quoting Don2kx
the next resistance I see is at 140.3... and the movement doesnt seem strong enof to penetrate it to me. what do you think
Bro she is going to 130-118,,,1st stop 135..carefull with any longs,and try to read up older pages of the thread so you can catch to avoid repeated questions and answer..Good morning all...
Imanuel Parsifal
  • #173,580
  • Apr 28, 2009 5:41am Apr 28, 2009 5:41am
Quoting Networx
Again...if you fib correctly you will project well. Works great for this pair. There are fibs on all time frames. Fib every swing high to swing low and see what happens when breaches and reaches destination and when it does not. Now we are in a new hourly fib. Now 142.01 should be fib extension and 139.00 Pay attention to break of either direction. Big picture is pointing down, but this will help you make better decisions. Look at how the cycle has been completed if you had your fib extensions on 146.00 and 141.97. Notice how price retraced after...
to add to that,when ever g/j start to be stargnant during active wek period,i begin to have running stomache coz i know it is about to do something very bad..this case its gearing to sperodic 300-500pips move south...am still trying to fix my virus infected platform,so won't still be able to contribute my hrly entry analysis,but am still holding to my long time short position's
Imanuel Parsifal
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