LUCKILY I heed your advise. I didn't do anything . both way, up to 100+ pips.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #194,521
- Sep 4, 2009 7:56am Sep 4, 2009 7:56am
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
- #194,522
- Sep 4, 2009 7:58am Sep 4, 2009 7:58am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
I put a stop loss on this order at 151.40...which got hit after NFP...then went long again and closed out on +/- 100 green pips..
waiting now for a new long to close the week...
Blogging daily now at www.volume.zone
I put a stop loss on this order at 151.40...which got hit after NFP...then went long again and closed out on +/- 100 green pips..
waiting now for a new long to close the week...
- #194,525
- Sep 4, 2009 8:00am Sep 4, 2009 8:00am
- Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,584 Posts
back again
how is my cute little bears doing
as i said before 2 days we will never see a new LOW
my entery was from 149.50 and i will NEVER CLOSE my postion unless i see 1000+ pips profit
using technical analysis we will see that we penetrated the down trend channel
and if there will be any drop it will be a new chance to go long perhaps as a RETEST for the channel
i will consider all people who bought from 149 to 152 are lucky people because they wont find these prices after few days
lots of traders were making fun at my analysis using Elliott Waves but now i proved its the strongest analysis available but in order to trade right u need to be very professional in EW because single mistake can lead to very bad things
looking at GJ chart i see something similar to GU chart before 1 day
when i mentioned about inverted H&S
now we have it in GJ also and may be they will form a bigger shoulder later on to make it idle inverted H&S
i am too lazy to calculate the H&S target because i hate working in laptops with small screens
but most important it support my direction
at the moment my acc risk still 10%
i will enter with another 10% with the channel RETEST ( if they decided to do it ) other wise a daily close above 153.72 will make me enter with another 10% direct
so back again my enter was 149.50 profit until now more than 250 pips and i believed i catched the buttom
in the charts attached you will see the old GJ counting showing that all ABC and 5 waves down are finshed and its buying time and it was a correct counting
now we have to start to count for the upmove we r still going up we are only at the begining
peace
how is my cute little bears doing
as i said before 2 days we will never see a new LOW
my entery was from 149.50 and i will NEVER CLOSE my postion unless i see 1000+ pips profit
using technical analysis we will see that we penetrated the down trend channel
and if there will be any drop it will be a new chance to go long perhaps as a RETEST for the channel
i will consider all people who bought from 149 to 152 are lucky people because they wont find these prices after few days
lots of traders were making fun at my analysis using Elliott Waves but now i proved its the strongest analysis available but in order to trade right u need to be very professional in EW because single mistake can lead to very bad things
looking at GJ chart i see something similar to GU chart before 1 day
when i mentioned about inverted H&S
now we have it in GJ also and may be they will form a bigger shoulder later on to make it idle inverted H&S
i am too lazy to calculate the H&S target because i hate working in laptops with small screens
but most important it support my directionat the moment my acc risk still 10%
i will enter with another 10% with the channel RETEST ( if they decided to do it ) other wise a daily close above 153.72 will make me enter with another 10% direct
so back again my enter was 149.50 profit until now more than 250 pips and i believed i catched the buttom
in the charts attached you will see the old GJ counting showing that all ABC and 5 waves down are finshed and its buying time and it was a correct counting
now we have to start to count for the upmove we r still going up we are only at the begining
peace
- #194,527
- Sep 4, 2009 8:01am Sep 4, 2009 8:01am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
wow I wonder how many had heart attacks there...
- #194,528
- Sep 4, 2009 8:02am Sep 4, 2009 8:02am
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
new long ???? good luck ... volumes do not support up move. This is classic mark up under low volume .... classic
My observation here is that if today, the indicies close negative, then its a good sign that next week may very well bring about that 147/148 target. Love to see the previous day's last hour ramp up rejected.
- #194,529
- Sep 4, 2009 8:02am Sep 4, 2009 8:02am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
DX breakout imminent
"Millionaires don't use astrology, billionaires do"
- #194,531
- Sep 4, 2009 8:04am Sep 4, 2009 8:04am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
I never trade 2 hour either side of 2 things
1 nfp
2 interest announcements
one trade mentioned they caught almost bottom and sold almost top .... I doubt it that move was 20 seconds and they would have got requotes like crazy as price moved away form them at rapid speed
I have allowance of 20 pip difference from pressing buy or sell button and if being stupid and trading news often will not get filled on moves like on we saw today
trading nfp is an account killer .. simple .... been in this game 7 years it is the one day I sit out of...
sell n buy limt with 80-100 gap from 1 min b4 news with tp 80pips each
- #194,532
- Sep 4, 2009 8:07am Sep 4, 2009 8:07am
- Joined Oct 2008 | Status: aka Neal Vanderstelt | 2,902 Posts
learn to trade my style n tame even nfp
Before Forex I was tall, and clean shaven. Now I am an Ewok.
- #194,534
- Sep 4, 2009 8:11am Sep 4, 2009 8:11am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #194,536
- Sep 4, 2009 8:12am Sep 4, 2009 8:12am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #194,538
- Sep 4, 2009 8:14am Sep 4, 2009 8:14am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #194,539
- Sep 4, 2009 8:15am Sep 4, 2009 8:15am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"