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

  • #213,141
  • Jan 26, 2010 4:39am Jan 26, 2010 4:39am
Quoting Vanhook2
A nice little trade that just close.
+40, +100, +80, My S/L was set a little tight
Looking for the next setup.
nice setup you got there bro. Looking fo 143.xx area also you?
  • #213,142
  • Jan 26, 2010 4:44am Jan 26, 2010 4:44am
Out of all shorts now. Bullish divergence and o/s on GY needs to play out before any further declines.

Will look to short higher...
  • #213,143
  • Jan 26, 2010 5:02am Jan 26, 2010 5:02am
A quick look at some fans would suggest a bounce of the red 88.6 from the previous large swing, and rising LTL.

Not expecting much movement north, but looks like a nice base for now.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu_daily_fib fan_260110.gif Size: 39 KB
Click to Enlarge Name: gu_4hr_fib fan_260110.gif Size: 34 KB
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #213,144
  • Jan 26, 2010 5:05am Jan 26, 2010 5:05am
+205 and +255 pips in the pocket
Reshufling thoughts, this was a great ride
Don't be a hero. Don't have an ego. Always question yourself
  • #213,145
  • Jan 26, 2010 5:11am Jan 26, 2010 5:11am
Quoting USD-Bear
+205 and +255 pips in the pocket
Reshufling thoughts, this was a great ride
There will be more
  • #213,146
  • Jan 26, 2010 5:13am Jan 26, 2010 5:13am
Hello.
I am a newbie in forex, I like to know how to use/install VT stop level reverse system modified in the system.

Thanks, to all helpers
  • #213,147
  • Jan 26, 2010 5:33am Jan 26, 2010 5:33am
would like a bounce towards 145.10 at least before i look to short. if it gets past that then 146 is an obvious target.

im long at 144.40. its already done a 322 pip range today, always a chance itll tank further but statistics say we have likely already seen todays lowest price.
  • #213,148
  • Jan 26, 2010 6:35am Jan 26, 2010 6:35am
Quoting USD-Bear
+205 and +255 pips in the pocket
Reshufling thoughts, this was a great ride
Just woke up to my short order being filled while I was sleeping and target profit hit too... god I love that! No need for patience pills
check out my blog: forexmademillionaire dot com
  • #213,149
  • Jan 26, 2010 6:38am Jan 26, 2010 6:38am
Hi Guys,

What I don't understand is that the UK GDP was better than last months but the number wasn't as much as the forecast so in reality doesn't that mean that the economy is recovering even though it is slowly? Therefore why does the gbp then tank if the GDP was better than last month?

Jools
  • #213,150
  • Jan 26, 2010 6:39am Jan 26, 2010 6:39am
Quoting Geppy
Just woke up to my short order being filled while I was sleeping and target profit hit too... god I love that! No need for patience pills
Yes it's a great pair , well I needed some, sitting out that retracement towards 146.7 but they worked perfectly
Don't be a hero. Don't have an ego. Always question yourself
  • #213,151
  • Jan 26, 2010 7:00am Jan 26, 2010 7:00am
Quoting ukdaytrader
Out of all shorts now. Bullish divergence and o/s on GY needs to play out before any further declines.

Will look to short higher...

Out here as well ...for a 270 pips...a retracement is in the way...i'll short once it reaches 145-145.20 area for a drop in below 144

Price is going up without being sustained by vol...it should not very long i hope
A little 50 pips up and here we go for a 150-200 pips drop

GL
__________________
COT: The precious data ignored
  • #213,152
  • Jan 26, 2010 7:00am Jan 26, 2010 7:00am
Quoting 45Condor
A quick look at some fans would suggest a bounce of the red 88.6 from the previous large swing, and rising LTL.

Not expecting much movement north, but looks like a nice base for now.
I like those fib lines. Is that your drawing or indi?
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #213,153
  • Jan 26, 2010 7:06am Jan 26, 2010 7:06am
Quoting england33
I like those fib lines. Is that your drawing or indi?
Default indi on MT4: Insert --> Fibonacci --> Fan
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #213,154
  • Jan 26, 2010 7:10am Jan 26, 2010 7:10am
Quoting england33
I like those fib lines. Is that your drawing or indi?
It's all my own work... hey, if I can't earn the pips, at least I try to be artistic in my failure.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #213,155
  • Jan 26, 2010 7:40am Jan 26, 2010 7:40am
come my long setting
  • #213,156
  • Jan 26, 2010 7:50am Jan 26, 2010 7:50am
Quoting grashid
come my long setting
It should come it should come
let it retrace first please ...so everyone can short it for a real tank
COT: The precious data ignored
  • #213,157
  • Jan 26, 2010 7:58am Jan 26, 2010 7:58am
Quoting USD-Bear
Yes it's a great pair , well I needed some, sitting out that retracement towards 146.7 but they worked perfectly
hehe, I rode some longs for a scalp on that one and had my short orders waiting just about the long profit target
check out my blog: forexmademillionaire dot com
  • #213,158
  • Jan 26, 2010 8:02am Jan 26, 2010 8:02am
I've got long orders placed at 144.35 with tp of 145.20 and sl @ 143.80

After that I've got short orders stacked starting at 145.25

EDIT: Filled on longs...
check out my blog: forexmademillionaire dot com
  • #213,159
  • Jan 26, 2010 8:03am Jan 26, 2010 8:03am
Quoting Geppy
hehe, I rode some longs for a scalp on that one and had my short orders waiting just about the long profit target
A dip buy at 143.xx area is a nice platform
  • #213,160
  • Jan 26, 2010 8:06am Jan 26, 2010 8:06am
it possible to see 145.50-146.50 area again tommorow , then lower prices again
Making money not by predicting just by following ...
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