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

  • #217,941
  • Mar 10, 2010 11:02am Mar 10, 2010 11:02am
Quoting dean walker
Hard to say with the London close coming up..
It will probably have a big pause and the waiting game will begin.
Dean
London closed an hour ago.
  • #217,942
  • Mar 10, 2010 11:03am Mar 10, 2010 11:03am
Quoting ghuisthefirs
absolutely no risk at going short. This is too easy!!
Anyone who says "absolutely no risk" about any trade is a fool...
check out my blog: forexmademillionaire dot com
  • #217,943
  • Mar 10, 2010 11:06am Mar 10, 2010 11:06am
Quoting ghuisthefirs
it is just clear that it is going to 132, then again back to 137 , then down to 130, then to 139 then the final down move. Easy
Um, you did say that a few posts ago, albeit it without a chart - seeing one would be nice, even if it is butt ugly, like the ones I sometimes post!
  • #217,944
  • Mar 10, 2010 11:06am Mar 10, 2010 11:06am
LOLZ

If you read this forum, it looks like everyone is winning big pips,
but the statistics say that 95% of traders are losing.


So I just wonder ......... who's fooling who?



Shamu
New voice message: Why are you calling me? If I need you, I'll call you!
  • #217,945
  • Mar 10, 2010 11:07am Mar 10, 2010 11:07am
forgot one... 135.45. here is the chart.

the overall bias is bullish. last h1, last h4, today... everything is up atm. yes, it's true what you said about volumes, but this move is not done yet for today. not as long as it's above 135.45.

p.s. later edit: ok, so it went through... oh well, 135 then.

Quoting Beljevina
Thanks - appreciate you listing the values from your perspective - I've pretty much got the same in mind. I do OK at top/bottom picking from an M5 chart, and usually will bail if it goes 10-15 pips in the wrong direction, but then target at least as much but usually 30-40 pips in the other direction. Since I had cold feet getting in for long (OK, should have earlier this AM, 100 pips ago!), at least I can get some of the ride this way. Also, I find that we're at the point where usually the day's moves are done (before noon NY time), esp....
Attached Image (click to enlarge)
Click to Enlarge Name: g-j_intraday.gif Size: 21 KB
Nihil Sine Deo.
  • #217,946
  • Mar 10, 2010 11:07am Mar 10, 2010 11:07am
well then just watch it
  • #217,947
  • Mar 10, 2010 11:16am Mar 10, 2010 11:16am
Quoting KillerWhale
LOLZ

If you read this forum, it looks like everyone is winning big pips,
but the statistics say that 95% of traders are losing.


So I just wonder ......... who's fooling who?



Shamu
I guess no one wants to lose...but if we post trades as taken or even better before they happen easy to see who is making pips. I would love to see more here saying the trade they took i always post like the last sell it could have gone up 200 pips but hey if it did i would lose and it would be clear for all to see....thank god it went down and i got the target of 40 pips i set or i would look silly
Making money is easy keeping it is harder
  • #217,948
  • Mar 10, 2010 11:17am Mar 10, 2010 11:17am
Time to buy, GY or GU its all good.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #217,949
  • Mar 10, 2010 11:18am Mar 10, 2010 11:18am
Quoting ghuisthefirs
well then just watch it
We'll soon know of course, but what do you think will happen to GY, AY, UY etc if the S&P, Dow and ES break their last highs?

We'll know soon enough if this pullback is a serious one, but looking at ES volumes, the bounce from the top is not final.
  • #217,950
  • Mar 10, 2010 11:19am Mar 10, 2010 11:19am
Quoting KillerWhale
Time to buy, GY or GU its all good.
I would be adding if I could (not currently at my trade station)
check out my blog: forexmademillionaire dot com
  • #217,951
  • Mar 10, 2010 11:20am Mar 10, 2010 11:20am
Quoting fxphone
I guess no one wants to lose...but if we post trades as taken or even better before they happen easy to see who is making pips. I would love to see more here saying the trade they took i always post like the last sell it could have gone up 200 pips but hey if it did i would lose and it would be clear for all to see....thank god it went down and i got the target of 40 pips i set or i would look silly
Believe me, no one looks silly for posting a losing trade, it happens to all of us.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #217,952
  • Mar 10, 2010 11:22am Mar 10, 2010 11:22am
would be good also if more of us use mt4live to show others heres mine over 1000 trades no loss of course its demo i dont publish my live accounts as hate to show others lots i trade as it private but gives others an idea if a trader knows what he is doing or not

http://signaltest.mt4live.com/

i have no issue losing a trade as you said we all lose from time to time thats just trading
Making money is easy keeping it is harder
  • #217,953
  • Mar 10, 2010 11:24am Mar 10, 2010 11:24am
Looks like we just had a great test of the 135 support area. If you look at the charts it's easy to see what's going on... we struggled clearing 134.00, then we did and tested it as support (it held). We had trouble clearing 135.00, then we did and tested it as support (it held). We probed almost up to 136.00 (testing as resistance). My guess is we break and test as support, etc etc
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  • #217,954
  • Edited 11:44am Mar 10, 2010 11:33am | Edited 11:44am
not sure
Attached Image
  • #217,955
  • Mar 10, 2010 11:43am Mar 10, 2010 11:43am
Remaining shorts of GY out about 135.1 for me. I need & want my profits. Looks like the 134.9 DPP will be touched (if not now, Asia certainly will) - probably a good buy & retrace up point, but I'm just not sterling enthusiastic. It's weakness is quite evident in GU where it's gone no where today, although VSA seems to show accumulation (by those with far deeper pockets & more patience pills than I). But, UJ's not gone past it's important 90.7 point, and looks to be going to the crucial 90. UKDaytrader is spot on with the other indexes being crucial to watch, but I guess I'm just not convinced of the up path for GJ, because I don't see the reason for index optimism. I see Gold's failed miserably today too.
  • #217,956
  • Mar 10, 2010 11:48am Mar 10, 2010 11:48am
Quoting Beljevina
Remaining shorts of GY out about 135.1 for me. I need & want my profits. Looks like the 134.9 DPP will be touched (if not now, Asia certainly will) - probably a good buy & retrace up point, but I'm just not sterling enthusiastic. It's weakness is quite evident in GU where it's gone no where today, although VSA seems to show accumulation (by those with far deeper pockets & more patience pills than I). But, UJ's not gone past it's important 90.7 point, and looks to be going to the crucial 90. UKDaytrader is spot on with the other indexes being crucial...
Gold has been due a pullback for a while and when it does come, it will be substantial I think. (900 region)

GU looks to be getting Accumulated to me, but even if it's not and it falls further, r/r says a buying opp is present.

UY will follow ES IMO. If ES breaks up, then I can see UY going to 95.

Let's see. Looks pretty straight forward; if we break todays lows, 132 is very possible. If we don't break 135 convincingly, then buy dips is the way to go.
  • #217,957
  • Mar 10, 2010 11:49am Mar 10, 2010 11:49am
European close I just call it London close.FYI it's been closed now 50 mins..
Dean



Quoting Fudomyo
London closed an hour ago.
  • #217,958
  • Mar 10, 2010 11:53am Mar 10, 2010 11:53am
Quoting dean walker
European close I just call it London close.FYI it's been closed now 50 mins..
Dean

http://forex.timezoneconverter.com/
http://marketclocks.com/index.php?co...arket&region=3
  • #217,959
  • Mar 10, 2010 11:53am Mar 10, 2010 11:53am
Buy the dips, GU or GY doesn't matter, its all good
New voice message: Why are you calling me? If I need you, I'll call you!
  • #217,960
  • Mar 10, 2010 12:11pm Mar 10, 2010 12:11pm
Wow I stand corrected all this time I thought it closed a hour ago..I know 11AM is the closed ..silly me I missed a hour..
thank you very much..the funny thing is a hour ago when I thought London closed the market did exactly what I thought it had good retrace exactly lol..
Actually that was a good catch on your part for some reason I am 1 hour ahead on all sessions.
Thanks again hope your trading is going well
Dean



Quoting Fudomyo
http://forex.timezoneconverter.com/
http://marketclocks.com/index.php?co...arket&region=3
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