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

  • #196,781
  • Sep 11, 2009 11:54am Sep 11, 2009 11:54am
Quoting malcolmb14
151 was wave 5 target shown by advanced get

now

reatrce 151.50 that is place to look for sells sunday for move to 150.50 or 149.50 to complete wave 5

Attachment
I guess the big faker got it right one more time ... well almost
1) reatrce was 10 pip shy if 151.,50
2) target of 150.50 was not hit Sunday it was today ..lol
Blogging daily now at www.volume.zone
  • #196,782
  • Sep 11, 2009 11:55am Sep 11, 2009 11:55am
Quoting Piters
Why Watching mate. TRADE..

GY moves 242 pips today
GOLD $17 or [1700]

Im full today over 900p in gold.. GL..
Yeah, let's trade gold, a lot better than GU
But Geppy is still the king ..
  • #196,783
  • Sep 11, 2009 11:55am Sep 11, 2009 11:55am
did anyone notice daily doji gu right on 61.8% of down move ????

not good for bulls
Blogging daily now at www.volume.zone
  • #196,784
  • Sep 11, 2009 11:55am Sep 11, 2009 11:55am
nice for us to get paid on friday waitn through all that boring sucker phase
"Millionaires don't use astrology, billionaires do"
  • #196,785
  • Sep 11, 2009 11:55am Sep 11, 2009 11:55am
Quoting rgitt05
msniper,

.....(blah, blah, blah)>>>

If you were more of an intraday trader and target smaller profits at a time, you could have a big account now..

ex..

target 30-50 pips at a time for average 10 times for the day= 300-500 pips

Swing trade that you been bragging about only gave you 300 pips but getting smaller and smaller as I am posting.

Switch to intraday for a while and target 30-50 pips per pair and you will be surprise how much you gain in one day..

Don't tell me you don't have time because you been posting alot now..


Good...
This is great advice, and I agree with it, however, you missed giving them another valuable piece of advice...."cut your losses".

If one changes their trading style to the one noted above, you will have to learn to make either mental SLs or actual entered SLs for your trades. Otherwise, your small trade will turn into a red and negative swing trade. And I think this is what happens to newbies. They just don't want to realize the loss, however, better to cut it short than to hang on and stress it out for days, maybe weeks, only to get back to even and have wasted all that time. These negative swing trades cripple your sense of trading and you end up doing noting but watching the screen and hoping for a break even trade. (Been there, done that).

OR, you can do like me...very small trades and lots of money in the account. This relieves the stress and provides me funds to make other trades, hopefully profitable. When I'm in a draw down position, I will stay out of the pair and trade other pairs, sometimes as a hedge...sometimes because there's more action over there.

Always listen to other...weed out the liars....then do what you think is right for you.

Anyways....here endeth the lesson.

Good trading all.
Si vis pacem, para bellum.
  • #196,786
  • Sep 11, 2009 11:57am Sep 11, 2009 11:57am
curren situation as i see
Attached Image
  • #196,787
  • Sep 11, 2009 11:58am Sep 11, 2009 11:58am
Quoting PandoraBox
Bloody Greedy Bastard !
Yeah .. he is bastard, didn't tell me when to go long Gold, missing all my pips ..
  • #196,788
  • Sep 11, 2009 12:04pm Sep 11, 2009 12:04pm
Quoting PandoraBox
Bro, I will upload my EW analysis this weekend. We can compare our analysis. That the best way. I will detail out why I see bear.

ok?

i am a newbie with a basic understanding of EW, could u point me to a resource with a good detailed teaching on EW... Thanks
  • #196,789
  • Sep 11, 2009 12:05pm Sep 11, 2009 12:05pm
Quoting OrionsWay
nice for us to get paid on friday waitn through all that boring sucker phase

that is why i am donfriday i pay all workers every friday...
MY OPINION NOT FINANCIAL ADVISE
  • #196,790
  • Sep 11, 2009 12:06pm Sep 11, 2009 12:06pm
Thanks for the feedback..

I appreciate the additional comments to strengthen my point..
I am glad you realized this rules now because many traders are failing because of the marriage to a losing trade..

Cut your loses and ride your profits!!!

Also, I alway lockin pips after 30-40 pips in profits ..There is alway another opportunity to make pips..

Welcome aboard..



Quoting Duce
This is great advice, and I agree with it, however, you missed giving them another valuable piece of advice...."cut your losses".

If one changes their trading style to the one noted above, you will have to learn to make either mental SLs or actual entered SLs for your trades....
[
  • #196,791
  • Sep 11, 2009 12:07pm Sep 11, 2009 12:07pm
Quoting msniper
curren situation as i see

Bro, please note at your chart ...weekly or daily.
  • #196,792
  • Sep 11, 2009 12:07pm Sep 11, 2009 12:07pm
Quoting msniper
bro if price go below 149

my EW counting will be wrong and bears will win

thats why i put my SL under that number at 148.80

i am expecting a very strong bounce between 149.50 to 150.50

thats why i went long at 150.60 because i might not be near the pc later on can't guranteed a good entery

until now PA didn't damage any EW counting for my swing trade

UJ now at the final correction wave

it will finesh and go up again

I think your count wrong ...

advanced get is picking up wave3 complete at 150.50. wave 4 reatrce 151.50 then wave 5 down to 149 test

then an abc correction for reatrce to 150 then see what cooks form there

BTW Advanced get picks up wave 4 on weekly 163 ... wave 5 is underway 110 to 84 target

i will post EW charts on weekend

For those can afford it Advanced GET on signal ios great for EW stuff ... mostly EW is using fib reatracements and extensions that is all. So the reatrce from 150.50 at 38 % is expected to be 151.40. If higher than this then selling pressure has subsided. If we see selling pressure in this zone than shows that pros are willing to sell at discount on retrace

Attached Image (click to enlarge)
Click to Enlarge Name: chf03.gif Size: 16 KB
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  • #196,793
  • Sep 11, 2009 12:09pm Sep 11, 2009 12:09pm
Quoting PandoraBox
Bro, please note at your chart ...weekly or daily.
i posted 2 charts firts old one is daily

and last one now current situation is 30mins u can compare the candles with your frame
  • #196,794
  • Sep 11, 2009 12:11pm Sep 11, 2009 12:11pm
Quoting malcolmb14
I think your count wrong ...

advanced get is picking up wave3 complete at 150.50. wave 4 reatrce 151.50 then wave 5 down to 149 test

then an abc correction for reatrce to 150 then see what cooks form there

BTW Advanced get picks up wave 4 on weekly 163 ... wave 5 is underway 110 to 84 target

i will post EW charts on weekend

For those can afford it Advanced GET on signal ios great for EW stuff ... mostly EW is using fib reatracements and extensions that is all. So the reatrce from 150.50 at 38 % is expected to be 151.40. If higher than...
we will know that my counting is wrong when 149 is broken by 1 pips only

other wise i have faith in it

my feelings tell me we wil not go below 150.10
  • #196,795
  • Sep 11, 2009 12:12pm Sep 11, 2009 12:12pm
speaking of locking pips and profit

now if bears shorted at 153 thats mean they got 200 to 250 pips profit

why dont u close your postion and book your profit instead of asking me to book my profit !

hehe funny thing
  • #196,796
  • Sep 11, 2009 12:13pm Sep 11, 2009 12:13pm
Quoting msniper
i posted long time ago but u didnt follow up

here is from 118 to 163

daily weekly both same counting

250 to 118 didnt make yet

Bro, based on your chart....you make wrong counting at wave 5
  • #196,797
  • Sep 11, 2009 12:16pm Sep 11, 2009 12:16pm
Quoting PandoraBox
Bro, based on your chart....you make wrong counting at wave 3 and wave 5
where ? correct me on my own chart and post it again
  • #196,798
  • Sep 11, 2009 12:18pm Sep 11, 2009 12:18pm
Quoting msniper
am here not hiding

i have nothing more to say u know my entery and u know my SL

so stop cheerleading your bears its only 100~ pips down

when u break 149 come talk to me

am still bullish we will KABOOM your acc soon

bye
I appreciate your skills and efforts.

No BIAS. Just trade the trend!
None the wiser!
  • #196,799
  • Sep 11, 2009 12:18pm Sep 11, 2009 12:18pm
Quoting msniper
where ? correct me on my own chart and post it again
relax bro, I will edit it. I will upload it this weekend. As I told you before. Relax.
  • #196,800
  • Sep 11, 2009 12:20pm Sep 11, 2009 12:20pm
Quoting PandoraBox
relax bro, I will edit it. I will upload it this weekend. As I told you before. Relax.
am relaxed buddy

actually i am in the desert right now

gonna take a ride to city in few mins

take your time
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