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

  • #199,681
  • Sep 24, 2009 2:57am Sep 24, 2009 2:57am
Quoting TheFutureAce
agree...did u notice how gbpjpy & gbpusd act the same way....1 falls other falls ...1 stops for a sec other does
lol
GBP/USD X USD/JPY = GBP/JPY
I don't think you know that.....
  • #199,682
  • Sep 24, 2009 2:58am Sep 24, 2009 2:58am
Quoting TheFutureAce
why r u so interested in a pull back?? just go with the flow for now
as i said, its hugely oversold, macd is showing 5min bull divergence, its already over extended its daily range before NY is even close to opening, and any pro with any sense will not be shorting from here, so chance s of some sort of retrace should be reasonable.

im not looking for 500 pips, im looking for 50-75 pips before shorting again.
  • #199,683
  • Sep 24, 2009 3:00am Sep 24, 2009 3:00am
Quoting Kofmaster
Orions! I salute you! I'm not trying to be sarcastic seriously, but I really admire ur courage, because i'm so lost which direction it will go now and scared to lose pips

At the other end I afraid this ride will go to hell without me

Bro up down all around day in day out, there is far better trades than geppy, she is a kitty cat lately carry for this sweetheart is over, she wont ever be like she was in the past.
Buy weakness sell strength , maybe take a hit maybe win, doesnt matter except that the winners must outperform the losers, would much rather buy sup than sell it andvice versa for selling res,


Now just need this damn donkey to GIDDEEEEE UP lol
"Millionaires don't use astrology, billionaires do"
  • #199,684
  • Sep 24, 2009 3:01am Sep 24, 2009 3:01am
Quoting Kofmaster
At the other end I afraid this ride will go to hell without me
fear of missing the move is what kills many traders, because thats exactly when it often retraces.
  • #199,685
  • Edited 3:30am Sep 24, 2009 3:01am | Edited 3:30am
Quoting TheFutureAce
agree...did u notice how gbpjpy & gbpusd act the same way....1 falls other falls ...1 stops for a sec other does
It's called correlation.
  • #199,686
  • Sep 24, 2009 3:02am Sep 24, 2009 3:02am
Quoting Kofmaster
I believe whoever trying to go long now is trying to be funny with their account..
I'm a comedian.

Quick swing trade, Long 14650 and Cable 16195 with tight stops.

Still holding mid term shorts.
  • #199,687
  • Sep 24, 2009 3:05am Sep 24, 2009 3:05am
Quoting ewokuk
fear of missing the move is what kills many traders, because thats exactly when it often retraces.
Maybe I should try reverse psychology, whenever I feel like buy, I sell. In this way i may earn more
Read the entire market, money is made on the main trend not the fluctuation
  • #199,688
  • Sep 24, 2009 3:06am Sep 24, 2009 3:06am
Quoting OrionsWay
I am long now geppy 146.61

i am riding Wan Bal Daz's Donkey lol
aren't you among those that were calling for 145.xx then down?
i suppose at this point jumping on the retracing is not a bad idea, for those who can
i am thinking maybe 145.9x/8x
  • #199,689
  • Sep 24, 2009 3:07am Sep 24, 2009 3:07am
Quoting Fudomyo
It's called "correlation".
Strongest move is when UJ and GU heading same direction.
Read the entire market, money is made on the main trend not the fluctuation
  • #199,690
  • Sep 24, 2009 3:07am Sep 24, 2009 3:07am
Quoting Kofmaster
Maybe I should try reverse psychology, whenever I feel like buy, I sell. In this way i may earn more

I sell when everyone else is buying and buy when everyone else is selling...works for me
  • #199,691
  • Sep 24, 2009 3:10am Sep 24, 2009 3:10am
Quoting direct-trade
I sell when everyone else is buying and buy when everyone else is selling...works for me
It was a good trade for selling 150.20+

I saw a significant resistance there, but I didn't go into the trade. What a waste.
Read the entire market, money is made on the main trend not the fluctuation
  • #199,692
  • Sep 24, 2009 3:12am Sep 24, 2009 3:12am
Quoting Kofmaster
Maybe I should try reverse psychology, whenever I feel like buy, I sell. In this way i may earn more
you would be amazed how many people feel the same way, including myself. id have made far more money going the opposite way on every trade i ever made.

im long gu from 1.6203, I have a bunch of reasons to suspect it may retrace, if it goes down and screws me then at least i was early and wrong with plenty of potential, rather than late and right with no potential left (like shorting here, id be late and right, but how much further can it go without a retrace?).
  • #199,693
  • Sep 24, 2009 3:13am Sep 24, 2009 3:13am
Quoting Kofmaster
My reason is that, just look at the previous touch of 146.60. As soon at this is touch it goes back as much as 200 pips to 148.60. and also the touch of 147 goes back as much as 450 pips to 151.50.

Now how?? Now Orions will u share ur pips earn with me if it goes up
last touch of 146.60 didnt go up instantly
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  • #199,694
  • Sep 24, 2009 3:15am Sep 24, 2009 3:15am
Quoting OrionsWay
Bro up down all around day in day out, there is far better trades than geppy, she is a kitty cat lately carry for this sweetheart is over, she wont ever be like she was in the past.
Buy weakness sell strength , maybe take a hit maybe win, doesnt matter except that the winners must outperform the losers, would much rather buy sup than sell it andvice versa for selling res,


Now just need this damn donkey to GIDDEEEEE UP lol

Why so?
  • #199,695
  • Sep 24, 2009 3:16am Sep 24, 2009 3:16am
Quoting direct-trade
I sell when everyone else is buying and buy when everyone else is selling...works for me
  • #199,696
  • Sep 24, 2009 3:18am Sep 24, 2009 3:18am
Quoting Temps
last touch of 146.60 didnt go up instantly
Yes precisely, I went on shorter time frames like 15 mins, It instantly bounce up from there, and only until now it was touched. But look like now the price hanging on the support, It doesn't go away and it don't look good to me.
Read the entire market, money is made on the main trend not the fluctuation
  • #199,697
  • Sep 24, 2009 3:20am Sep 24, 2009 3:20am
Quoting Agaba130
Why so?
why so what agaba?

the carry trade?
there is no more intrest differentials between the 2 currencies

or why so buy supp sell res, u do this because 80+% it will hold or its a fake out

or win lose doesnt matter, the losers u exit with small losses and the one u win you let run
"Millionaires don't use astrology, billionaires do"
  • #199,698
  • Sep 24, 2009 3:23am Sep 24, 2009 3:23am
it breaks 41 and its going south/I have a trendline down there at about 145.93 approx.we get by there 145 I'd say.I'm on a 5 min chart with a descending angle
  • #199,699
  • Sep 24, 2009 3:31am Sep 24, 2009 3:31am
Quoting OrionsWay
why so what agaba?

the carry trade?
there is no more intrest differentials between the 2 currencies

or why so buy supp sell res, u do this because 80+% it will hold or its a fake out

or win lose doesnt matter, the losers u exit with small losses and the one u win you let run
that's all well and good but you said
"....she wont ever be like she was in the past."
i presume you mean the 200 plus pip trending, right?
  • #199,700
  • Sep 24, 2009 3:36am Sep 24, 2009 3:36am
Anyone see a retrace up eventually then to 142.00?
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