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

  • #189,701
  • Aug 19, 2009 4:19am Aug 19, 2009 4:19am
Quoting Raza
NAA.. give it till 154.23..
Looking at the 4h this beast is headed for 150.xx 151.xx
  • #189,702
  • Aug 19, 2009 4:20am Aug 19, 2009 4:20am
Quoting forexlion
wrong

i have traded with $5 and increased it over time.

accounts get blown because of your trading method, not because of your balance, even if you had a million dollars the defective method will still blow it

a good method is one which can turn even $1 into $100

I totaly agree with you here forexlion.

and most important is leverage..
Don't compare your Trades with Others
  • #189,703
  • Aug 19, 2009 4:23am Aug 19, 2009 4:23am
Quoting elixerripple
it is buying position..
How did u come to that conclusion?
  • #189,704
  • Aug 19, 2009 4:24am Aug 19, 2009 4:24am
Quoting forexlion
wrong

i have traded with $5 and increased it over time.

accounts get blown because of your trading method, not because of your balance, even if you had a million dollars the defective method will still blow it

a good method is one which can turn even $1 into $100
you r right Mr. Forex Lion, but fxcrown just trying to boost my moral up and should THANX him for it... i think you didn't get his idea..
  • #189,705
  • Aug 19, 2009 4:24am Aug 19, 2009 4:24am
Quoting Temps
Looking at the 4h this beast is headed for 150.xx 151.xx
May be...

But...

This 4 Hr could also Become a Hammer as well.. so as Daily Candle

I took a long too as per plan at 154.43.. for a short scalp. risky as 5syfx said..
Markets are not Random, they are designed!
  • #189,706
  • Aug 19, 2009 4:25am Aug 19, 2009 4:25am
Quoting Raza
Takes 2 years of every day trading or looking at charts.. then you get your diploma...3 year Degree programm.. even then you blow your account.. then its NOt for you..

May be Get someone to Manage it for You....
right....
  • #189,707
  • Aug 19, 2009 4:27am Aug 19, 2009 4:27am
Quoting Temps
Looking at the 4h this beast is headed for 150.xx 151.xx
Next stop 1.52?
Attached Image (click to enlarge)
Click to Enlarge Name: gj 08-19 4h.gif Size: 32 KB
New voice message: Why are you calling me? If I need you, I'll call you!
  • #189,708
  • Aug 19, 2009 4:31am Aug 19, 2009 4:31am
Quoting 5ysfx
went long a couple minutes ago, damn risky stuff

good luck

Better entry would had been Daily 100sma.. at 154.21.. for long... o' well..

I think I am gonna Break my record for Posting Today...
Markets are not Random, they are designed!
  • #189,709
  • Aug 19, 2009 4:38am Aug 19, 2009 4:38am
Quoting Raza
Better entry would had been Daily 100sma.. at 154.21.. for long... o' well..

I think I am gonna Break my record for Posting Today...
u meant 200 ema ?
daily sma100 is at ~15280

maybe i will get some quick pips
  • #189,710
  • Aug 19, 2009 4:40am Aug 19, 2009 4:40am
To LONG once it retrace down to the trendline level around 153.50. Potential to break higher around 200 - 300 pips in the short term.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy daily.gif Size: 27 KB
  • #189,711
  • Aug 19, 2009 4:43am Aug 19, 2009 4:43am
Quoting 5ysfx
u meant 200 ema ?
daily sma100 is at ~15280

maybe i will get some quick pips
Really my Daily 100sma is showing 152.21..strange

Ya pips are in Green atm.. this could turn out to be a real good entry.. never know.. i will close 1 at 154.98.. other let it get stopped out..
Markets are not Random, they are designed!
  • #189,712
  • Aug 19, 2009 4:49am Aug 19, 2009 4:49am
Took a short @ 154.84 tp 153.84
fingers crossed
  • #189,713
  • Aug 19, 2009 5:13am Aug 19, 2009 5:13am
Quoting KillerWhale
Next stop 1.52?

bro that indicator is too much for u...it will confuse u..well if u use it well but IMO u can limit it.....keep it simple.
MY OPINION NOT FINANCIAL ADVISE
  • #189,714
  • Edited 5:51am Aug 19, 2009 5:35am | Edited 5:51am
Closed shorts here at 154.30. I think we're going further south but AY has been holding up well and ES is off this morning's lows.

There's also a point of control between 153.75 and 154.5 where I would expect some speculative buying and orders at previous support (153.8).

Think we could see a retrace before more downside later....
  • #189,715
  • Aug 19, 2009 5:47am Aug 19, 2009 5:47am
Quoting quecee5
As longs as price is above 156.40, 157.50 and greater will be hit during the Asian/London session. . .

Patience will be required on this trade. . .
Excellent call, thank you !
  • #189,716
  • Aug 19, 2009 5:57am Aug 19, 2009 5:57am
I hit my short (50 pips) since yesterday opening time more than 250pips drawdown. I need beer man, hope to go long soon.
  • #189,717
  • Aug 19, 2009 6:07am Aug 19, 2009 6:07am
Off to zzzzzzz.... had enough for today... hope fully will wake up to 158- 159 levels

Later...
Markets are not Random, they are designed!
  • #189,718
  • Aug 19, 2009 6:18am Aug 19, 2009 6:18am
  • #189,719
  • Aug 19, 2009 6:19am Aug 19, 2009 6:19am
Quoting Raza
Off to zzzzzzz.... had enough for today... hope fully will wake up to 158- 159 levels

Later...
too far away to go

pound looks more weak after meeting
  • #189,720
  • Aug 19, 2009 6:27am Aug 19, 2009 6:27am
i still think GJ is bullish according to my analysis

i think that we will range for today and tomorrow to creat a pattern possible a triangle then we will see the breakout either to up side to down side

between 157 and 153 there is no direction approved

so i think the safest trade for normal people is to wait for a close above down trend channel to go long so it will act like a falling flag
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