5 min 55 ema touched
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #181,521
- Jun 10, 2009 4:57am Jun 10, 2009 4:57am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #181,522
- Jun 10, 2009 4:59am Jun 10, 2009 4:59am
- Joined Jun 2006 | Status: Trend is not my friend | 1,492 Posts
morning pips..
hmm... we are hitting resistance (double top)...@ 160.40 zone...
my money is on..we retrace to the 158.70 before we carry on up..baby...
but i guess we need some patience..we break..we carry on up..
PA is just manic...
- #181,524
- Jun 10, 2009 5:09am Jun 10, 2009 5:09am
- Joined Jun 2006 | Status: Trend is not my friend | 1,492 Posts
- #181,525
- Jun 10, 2009 5:13am Jun 10, 2009 5:13am
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
- #181,527
- Jun 10, 2009 5:19am Jun 10, 2009 5:19am
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
i want her to go to 158.70 so i can add longs but she is really really stubborn...
AAHHHHHHH...
need some sleep...see u guys later in US...baby
AAHHHHHHH...
need some sleep...see u guys later in US...baby
I suppose it's the trend trader in me that leaves me baffled as to why people want to short a pair that's clearly headed north. I suppose picking a top or a bottom is appealing. I'd rather catch the middle of a trend 90% of the time than the whole trend 10% of the time.
A question I get asked a lot is "so how do you define trend?" Well it's pretty easy and works on all timeframes.
Step 1: Open a chart of your desired instrument and timeframe.
Step 2: Look at the left and right sides of the chart.
Now if the price on the left side is lower than the price on the right side, the trend is up. If it's higher, then the trend is down.
A question I get asked a lot is "so how do you define trend?" Well it's pretty easy and works on all timeframes.
Step 1: Open a chart of your desired instrument and timeframe.
Step 2: Look at the left and right sides of the chart.
Now if the price on the left side is lower than the price on the right side, the trend is up. If it's higher, then the trend is down.
Every time you use 'hopium' in a post, God kills a kitten.
- #181,529
- Jun 10, 2009 5:30am Jun 10, 2009 5:30am
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
I suppose it's the trend trader in me that leaves me baffled as to why people want to short a pair that's clearly headed north. I suppose picking a top or a bottom is appealing. I'd rather catch the middle of a trend 90% of the time than the whole trend 10% of the time.
A question I get asked a lot is "so how do you define trend?" Well it's pretty easy and works on all timeframes.
Step 1: Open a chart of your desired instrument and timeframe.
Step 2: Look at the left and right sides of the chart.
Now if the price on the left side is lower...
i dunno who said it but there are "cheeky monkey trades"..that are good plays even if they are against the trend. majority of the time when PA hits a strong resistance..it will react....and people play that....
- #181,530
- Jun 10, 2009 5:42am Jun 10, 2009 5:42am
- Joined Jun 2006 | Status: Trend is not my friend | 1,492 Posts
i want her to go to 158.70 so i can add longs but she is really really stubborn...
AAHHHHHHH...
need some sleep...see u guys later in US...baby
Hi everyone,
I have an hedge trade on gbpjpy placed at 159.48. I need to release this hedge trade at the highest price possible to limit the drawdown on the trades that are hedged.
Where would you release that hedge trade keeping in mind I need it to get around the 157 area or at least 158. (but preferably 157)
Thank you.
I have an hedge trade on gbpjpy placed at 159.48. I need to release this hedge trade at the highest price possible to limit the drawdown on the trades that are hedged.
Where would you release that hedge trade keeping in mind I need it to get around the 157 area or at least 158. (but preferably 157)
Thank you.
- #181,533
- Jun 10, 2009 6:18am Jun 10, 2009 6:18am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
this are the possible things ...but us session can send gj to 162.55 from the trade balance news coming up...
let see how it play..trend is ur friend
let see how it play..trend is ur friend
MY OPINION NOT FINANCIAL ADVISE
- #181,534
- Jun 10, 2009 6:58am Jun 10, 2009 6:58am
- | Joined May 2009 | Status: Focus + Patience = Pip$ | 1,513 Posts
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I'd rather make money than be right. 
- #181,536
- Jun 10, 2009 7:39am Jun 10, 2009 7:39am
- | Joined May 2009 | Status: Focus + Patience = Pip$ | 1,513 Posts
*******************
I'd rather make money than be right.
- #181,537
- Jun 10, 2009 7:40am Jun 10, 2009 7:40am
- Joined Jun 2006 | Status: Trend is not my friend | 1,492 Posts
- #181,538
- Jun 10, 2009 7:43am Jun 10, 2009 7:43am
yeah big-bruv is waiting for it to reach 158.70 to buy more .. 30 minutes ago that did not look likely, but now ... with this pair who knows what will happen next!
Several in here are holding long to 162+, 164+ and even 166 ... 4 h trend is still up.