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

  • #216,221
  • Feb 23, 2010 4:54am Feb 23, 2010 4:54am
Quoting grashid
94-95 need to break 93.10 and 92.50/60 is the key for me....

For GY i just need Weekly vs Monthly& Daily to be align and perhaps mid of next week-1st week of march will be my setting...

Anyway I could be wrong..and let c this Daily H&S formation valid or not..n am holding it for my 1st 200pips target.

g
139 area..but damm 3Xentry am out just 1 hrs b4 news...manage for only 10-20pips each from 141.3 area...mmm...good for those who riding it. I should hold it as i saw 139.30/40..but..aiseh...damm
  • #216,222
  • Feb 23, 2010 5:01am Feb 23, 2010 5:01am
long gj 139.94 (stop at be already, dont trust it THAT much lol)
  • #216,223
  • Feb 23, 2010 5:08am Feb 23, 2010 5:08am
Quoting hindart
please comment!
cant this be a bull flag? with bearish divergence already played out bearish divergence in making. it also coincides with LTL and support? anyway took a long at140.05
lol

Still holding my short...Be careful with longs...



Cheers anh happy piping
"Buy on fear, sell on greed !!!
  • #216,224
  • Feb 23, 2010 5:20am Feb 23, 2010 5:20am
I was out for a +55 pips

Quoting 5abi
stop at 4175
Its all in the mind.
  • #216,225
  • Feb 23, 2010 5:30am Feb 23, 2010 5:30am
Quoting hindart
please comment!
cant this be a bull flag? with bearish divergence already played out bearish divergence in making. it also coincides with LTL and support? anyway took a long at140.05
Typically a flag has to occur as part of a bigger trend. A valid bull flag would need to occur as part of a bull run and vice versa.

We are just breaking south from a bigger bear flag.

That's how I play it anyway...
  • #216,226
  • Feb 23, 2010 5:56am Feb 23, 2010 5:56am
I miss Rgitts, Mr.Kaboom
Attached Image
  • #216,227
  • Feb 23, 2010 6:05am Feb 23, 2010 6:05am
I am consolidating for the big kaboom later...

Scalping atm...




Quoting special0nefx
I miss Rgitts, Mr.Kaboom
[
  • #216,228
  • Feb 23, 2010 6:07am Feb 23, 2010 6:07am
Quoting rgitt05
I am consolidating for the big kaboom later...

Scalping atm...

Really...
Attached Image
  • #216,229
  • Feb 23, 2010 6:11am Feb 23, 2010 6:11am
Quoting grashid
139 area..but damm 3Xentry am out just 1 hrs b4 news...manage for only 10-20pips each from 141.3 area...mmm...good for those who riding it. I should hold it as i saw 139.30/40..but..aiseh...damm

gj still has room to drop. 139.3 is a very good place to buy.. a lot of fractal support confluence and fib 78...
I am putting my second PO there. First po @139.7 filled..sl at BE
  • #216,230
  • Feb 23, 2010 6:17am Feb 23, 2010 6:17am
Hopefully, wednesday when Ben talks things will move faster..

Scalping time atm



Quoting special0nefx
Really...
[
  • #216,231
  • Feb 23, 2010 6:20am Feb 23, 2010 6:20am
Quoting Myrza
gj still has room to drop. 139.3 is a very good place to buy.. a lot of fractal support confluence and fib 78...
I am putting my second PO there. First po @139.7 filled..sl at BE
What i see now is retest [email protected]. Break will test the major lowest price 138.22. If not retrace to 144 still play on.
  • #216,232
  • Feb 23, 2010 6:21am Feb 23, 2010 6:21am
Quoting rgitt05
Hopefully, wednesday when Ben talks things will move faster..

Scalping time atm

How do you trade when "Ben talks"?
  • #216,233
  • Feb 23, 2010 6:22am Feb 23, 2010 6:22am
Quoting rgitt05
Hopefully, wednesday when Ben talks things will move faster..

Scalping time atm

Mr.Obama more promising in talks master rgitt
Attached Image
  • #216,234
  • Feb 23, 2010 6:33am Feb 23, 2010 6:33am
Straddle the highs and lows..




Quoting forex_trader
How do you trade when "Ben talks"?
[
  • #216,235
  • Feb 23, 2010 6:36am Feb 23, 2010 6:36am
Quoting rgitt05
Straddle the highs and lows..

Hitting any position still a +ve
  • #216,236
  • Feb 23, 2010 6:45am Feb 23, 2010 6:45am
Quoting rgitt05
Straddle the highs and lows..

buy on the low or sell?
  • #216,237
  • Feb 23, 2010 6:57am Feb 23, 2010 6:57am
Dunno..

This market is in the mixed..

No one knows where this market is going...Eurozone been quiet and Ben can spark some major PA tomorrow..

Scalping is the safest way to trade atm..



IMHO. I am waiting for the test of the 141.00 before taking a possible short or 138.50 for buy


Quoting ewokuk
buy on the low or sell?
[
  • #216,238
  • Feb 23, 2010 7:04am Feb 23, 2010 7:04am
Quoting rgitt05
Dunno..

This market is in the mixed..

No one knows where this market is going...Eurozone been quiet and Ben can spark some major PA tomorrow..

Scalping is the safest way to trade atm..



IMHO. I am waiting for the test of the 141.00 before taking a possible short..
Small Kaboom now
  • #216,239
  • Feb 23, 2010 7:10am Feb 23, 2010 7:10am
looking at 139.30 for a buy now. its already overdone its daily range so 139.30 should be reasonably safe, as well as being major support.

that news was reeeeeal bad tho which is spooking me a bit. infact its spooked me a lot, ive moved my buy down to 138.30 instead for now.
  • #216,240
  • Feb 23, 2010 7:12am Feb 23, 2010 7:12am
Quoting ewokuk
looking at 139.30 for a buy now. its already overdone its daily range so 139.30 should be reasonably safe, as well as being major support.

that news was reeeeeal bad tho which is spooking me a bit
Look price is going to tesh H4 5EMA . Long make play out now. Is a predict only...small lots only is worth to try with SL
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