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

  • #212,621
  • Jan 21, 2010 11:51am Jan 21, 2010 11:51am
Quoting Gucc
lekke suid afrikaner!

Lekker soos 'n krekker! Where you from/based?
  • #212,622
  • Jan 21, 2010 11:53am Jan 21, 2010 11:53am
Quoting rgitt05
Stick with the majors..GJ is a beast..

hahahah..cant stop laughing..
MY OPINION NOT FINANCIAL ADVISE
  • #212,623
  • Jan 21, 2010 11:58am Jan 21, 2010 11:58am
Quoting 4exJunki
Lekker soos 'n krekker! Where you from/based?
JHB ,and you ?
  • #212,624
  • Jan 21, 2010 11:59am Jan 21, 2010 11:59am


Quoting donfriday
hahahah..cant stop laughing..
Attached Image
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  • #212,625
  • Jan 21, 2010 12:01pm Jan 21, 2010 12:01pm
Quoting rgitt05
..

Where the Fu**..do you find these Things...

Looks like G/J has some unfinished business to break 146... and then retrace... a sign that it shall be back to go lower from there after retrace...

soon we will have Hidden Bearish happening on 15M...1HR...
Markets are not Random, they are designed!
  • #212,626
  • Jan 21, 2010 12:02pm Jan 21, 2010 12:02pm
Quoting Gucc
JHB ,and you ?

From the mother city. I do this full time (EURUSD); however i havent really traded the poundyen in a year....

How about u?
  • #212,627
  • Jan 21, 2010 12:03pm Jan 21, 2010 12:03pm
Quoting rgitt05
i hate demo..i always win my demo..even when i was new but on real my acc fall like rock, cant cry so i decide to open micro account 100pips 1$ to learn and understand market behaviour..
demo is to practice your platform...demo cant help t control trading emotion..
MY OPINION NOT FINANCIAL ADVISE
  • #212,628
  • Jan 21, 2010 12:06pm Jan 21, 2010 12:06pm
Only thing different with demo is that u wont get kicked out during very volatile sessions. I have never experienced bad things between demo and live. Demo is good enough to understand market dynamics.

Live trading will teach u strong trading psychology. Trick is to pretend that the demo is real and double your account at least 3ce before going live.

Thats the plan; ppl seldomly follow it thou. Like me with the poundyen now!:_(
  • #212,629
  • Jan 21, 2010 12:09pm Jan 21, 2010 12:09pm
If you trade EA not to late...it's well spot at the bottom..300-350pips is very sure on this pair..very volatile..
Attached Image
MY OPINION NOT FINANCIAL ADVISE
  • #212,630
  • Jan 21, 2010 12:13pm Jan 21, 2010 12:13pm
Quoting donfriday
If you trade EA not to late...it's well spot at the bottom..300-350pips is very sure on this pair..very volatile..
I trade this ...this thing has more room to go Down..I will tell you later...what price points...I know you dont care about EW...its in wave 5 Correction is Due..But little more patience...1.60 is gonna be a retest..
Markets are not Random, they are designed!
  • #212,631
  • Jan 21, 2010 12:14pm Jan 21, 2010 12:14pm
Thanks Super Obama for the 300 pips..Please talk again..

Banking on the retracement to the 147.70-80..

Or sell on another rally..






Quoting Raza
..

Where the Fu**..do you find these Things...

Looks like G/J has some unfinished business to break 146... and then retrace... a sign that it shall be back to go lower from there after retrace...

soon we will have Hidden Bearish happening on 15M...1HR...
Attached Image
[
  • #212,632
  • Jan 21, 2010 12:16pm Jan 21, 2010 12:16pm
Quoting Raza
I trade this ...this thing has more room to go Down..I will tell you later...what price points...I know you dont care about EW...its in wave 5 Correction is Due..But little more patience...1.60 is gonna be a retest..
hmm my tp is 1.5950 so by the time EW play out i will take my profit..base on weekly and daily..my friend even both the bottom we gonna luck up and it can go to hell i dont care..
MY OPINION NOT FINANCIAL ADVISE
  • #212,633
  • Jan 21, 2010 12:17pm Jan 21, 2010 12:17pm
Quoting Raza
..

Looks like G/J has some unfinished business to break 146... and then retrace... a sign that it shall be back to go lower from there after retrace...

soon we will have Hidden Bearish happening on 15M...1HR...
We've got GJ firmly pegged to the UJ & S&P ... not seeing a good level of buyers/stopping volume yet on GJ's retest of the low. UJ seems like it's bottomed, but if there's a DOW selloff in the next 3 hours, GJ's going lower too. P.S. - Out of my earlier buy @ BE.

EDIT: Hopefully post-NY close google earnings take things up.
  • #212,634
  • Jan 21, 2010 12:23pm Jan 21, 2010 12:23pm
Quoting 4exJunki
From the mother city. I do this full time (EURUSD); however i havent really traded the poundyen in a year....

How about u?
yip, trade all the pairs.. full time,all day,everday...10 years on the go..
and tried to phone wall street on weekends to switch on the market,for a quick scalp ..but seems they aint not bother of weekend trading..
  • #212,635
  • Jan 21, 2010 12:27pm Jan 21, 2010 12:27pm
Quoting Gucc
yip, trade all the pairs.. full time,all day,everday...10 years on the go..
and tried to phone wall street on weekends to switch on the market,for a quick scalp ..but seems they aint not bother of weekend trading..

cool. i only trade tues to thurs. long weekend every weekend. :-) but i give up my life for those 3 days.... its worth the effort!
  • #212,636
  • Jan 21, 2010 12:51pm Jan 21, 2010 12:51pm
What Obama has said...

I think MARKET would take this very negative...

Besides that we have one GBP news tomorrow...and ..Look at the #s... Previuos and Forecast....

I say Hello to 143
Markets are not Random, they are designed!
  • #212,637
  • Jan 21, 2010 1:08pm Jan 21, 2010 1:08pm
Any thoughts on a retrace at this point?

Quoting Raza
What Obama has said...

I think MARKET would take this very negative...

Besides that we have one GBP news tomorrow...and ..Look at the #s... Previuos and Forecast....

I say Hello to 143
  • #212,638
  • Jan 21, 2010 1:11pm Jan 21, 2010 1:11pm
Quoting next-move
Any thoughts on a retrace at this point?

stay in till Q2,,load off and add on, supp, and ress.
  • #212,639
  • Edited 1:58pm Jan 21, 2010 1:14pm | Edited 1:58pm
Quoting next-move
Any thoughts on a retrace at this point?
Hard to say....

147.20..147.45 and 147.85 max...

Otherwise look below as much as 145.75..minimum.

Looking at the Hourly Candle does not look like it wants to retrace yet ...till next hour

We may just range here for few hours 147 - 146
Markets are not Random, they are designed!
  • #212,640
  • Jan 21, 2010 1:36pm Jan 21, 2010 1:36pm
feel like a fool atm with my entry-shorts waiting at around 150
But alla it didn't hurt, will take a few days off clearing up my mind, still think GJ is a beautifull fx-pair for trading, happy pipping.......
Don't be a hero. Don't have an ego. Always question yourself
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