Here is my monthly chart..
128.00 reversal zone 76.8% fib level
Kaboom is here...LOL
and
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #216,661
- Feb 25, 2010 12:30pm Feb 25, 2010 12:30pm
- Joined Nov 2008 | Status: Mmmm.. | 1,322 Posts
and - #216,662
- Feb 25, 2010 12:46pm Feb 25, 2010 12:46pm
- Joined Jan 2007 | Status: Trader | 3,719 Posts
Nihil Sine Deo.
- #216,663
- Feb 25, 2010 1:02pm Feb 25, 2010 1:02pm
- Joined May 2009 | Status: Trading, Not Posting | 2,130 Posts
- #216,664
- Feb 25, 2010 1:09pm Feb 25, 2010 1:09pm
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Don't be a hero. Don't have an ego. Always question yourself
- #216,665
- Feb 25, 2010 1:15pm Feb 25, 2010 1:15pm
- Joined May 2009 | Status: Trading, Not Posting | 2,130 Posts
Yen also weakening, keep my long on trail
- #216,667
- Feb 25, 2010 1:57pm Feb 25, 2010 1:57pm
- Joined Jan 2007 | Status: Trader | 3,719 Posts
yea. welcome back. what's up?
turns out no spike to 148 so far. but i am still looking, maybe tomorrow... would be nice to catch a thousand pips spike and bag the profits
. are you watching as well?
definitely let us if you decide to bottom something... even g-chf... but my advice is if you really want to get your hands on a bottom, try a woman. it's much more pleasant than with the market.
turns out no spike to 148 so far. but i am still looking, maybe tomorrow... would be nice to catch a thousand pips spike and bag the profits
. are you watching as well?definitely let us if you decide to bottom something... even g-chf... but my advice is if you really want to get your hands on a bottom, try a woman. it's much more pleasant than with the market.
and the gbp/jpy drop 400 points 2day ..nice catch all the bears !! enjoy it!
wish i was part of the ride but decide to stand aside...
eur/jpy drop bang on on my supp at 119.60 and retrace 120 pips, luckily i catch that one,right at the bottom and might stay in for another while...
my gbp/chf is now a disaster,,wait months for this drop,and now that we are here bang on my level @1.6460 ,the daily look horrible .its a full bear candle,def dont like that... ill wait another couple of hours and make up my mind if we bottom or not...
eur/usd...
Nihil Sine Deo.
- #216,670
- Feb 25, 2010 2:12pm Feb 25, 2010 2:12pm
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Still there ? I mean those guys who took longs at 135.05- 28 levels?
I am still there with trailing sl
Don't be a hero. Don't have an ego. Always question yourself
- #216,671
- Feb 25, 2010 2:34pm Feb 25, 2010 2:34pm
yea. welcome back. what's up?
turns out no spike to 148 so far. but i am still looking, maybe tomorrow... would be nice to catch a thousand pips spike and bag the profits
definitely let us if you decide to bottom something... even g-chf... but my advice is if you really want to get your hands on a bottom, try a woman. it's much more pleasant than with the market.
i am watching all the way on this pair... havent been touch it since my fuck up i made on a sell at 150 and closed it somewhere ... the breakout out of the wedge at 150 level was the best sell setup and to add more on ress..all the way 143 etc..... i cant jump now in half way down in a trend..
let it go...
there is better setups out there for me ,but not right now on gbp/jpy ...
i got no clue where its going ,absoluut no idea ,so ill stay away ,until i find the right setup for long .... its gonna be a loong time i think !!
are you in this bear trend ??
im adding onto eur/usd for long...will again above 1.38
and agian start long on gold at @1089.90 and will add more @ 1073.75,but so far it looks good
gbp/chf seems for me that it will end as a day trade for me,,for the odd 200 pips or so ,,ive just placed my entry long at 1.6425 ,and will see what happen ..but i def see 1.2 later during the year.. but again,i can be so wrong and confused... (it happen not very often) im sure you must remmeber that i point out eveyday that level of 1.6460 ??? look where did it stop ? bang on ...
i know you are wait for the pause and look for the direction and enter ,but i differ form your style,,, and i do pick bottoms and tops... but based on only SUPP/RESS levels on 4h above...or i can say i dont pick bottoms ,i know more than enouh to find the strong levels to add my position based on that .... if we do test it,i will enter,if not ,,my order still stand on that level...that levels never change,,i never predict where to go ,,, but i do know if we test that level ,IT WILL BOUNCE ' thats all important for me
i placed 2 months ago a order on eur/jpy at 119.60 and ive seen it triggered 2day,, and shoot 120 pips up,,and now its busy with a H&S on 1 hour ..so there is more to go ... that 119.60 was clear and obv,and look at that bounce ...
i have one order in on gbp/jpy for buy @ 123.84 ..if we test it,i will be happy and will grap over 500 pips from that bounce ,if not ,,my order will stay there for months .there is plenty of supp from 125 all the way up to 130,but cant find the right one,,, the more obv it is,the stronger the level
when you know your supp/ress levels very well ,and know wich ones is untested and tested..you wont look back ... but everybody got a differant style and approch,,some are risky and aggresive and other are more safe and sure
good luck !! we will share many anylisis in the future and diff views ,but as long as we can make money its all good
enjoy
- #216,672
- Feb 25, 2010 2:41pm Feb 25, 2010 2:41pm
- Joined Jan 2007 | Status: Trader | 3,719 Posts
sorry, i was just teasing you. do not take offense in my posts. i hope everything goes well with your trading -
we should all be pals here...
we should all be pals here...
i am watching all the way on this pair... havent been touch it since my fuck up i made on a sell at 150 and closed it somewhere ... the breakout out of the wedge at 150 level was the best sell setup and to add more on ress..all the way 143 etc..... i cant jump now in half way down in a trend..
let it go...
there is better setups out there for me ,but not right now on gbp/jpy ...
i got no clue where its going ,absoluut no idea ,so ill stay away ,until i find the right setup for long .... its gonna be a loong time i think !!
are you in this bear...
Nihil Sine Deo.
--- #216,676
- Feb 25, 2010 3:26pm Feb 25, 2010 3:26pm
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
Also, there is another alternative as this could be an ABC correction from the whole move dn from 251 we just have to wait and see how it acts when hitting major resistances. . .
- #216,680
- Feb 25, 2010 4:49pm Feb 25, 2010 4:49pm
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
yup, i am there, but closed 1/3, for 100pips 2/3 remaining avg buy 135.75 now
Don't be a hero. Don't have an ego. Always question yourself