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

  • #225,981
  • May 23, 2010 10:46pm May 23, 2010 10:46pm
Quoting KillerWhale
did you read my pm?
... Yes and replied while ago..
Markets are not Random, they are designed!
  • #225,982
  • May 23, 2010 10:50pm May 23, 2010 10:50pm
wtf,m odl wont let me close my trade. anyone know why it keeps saying off quote?
  • #225,983
  • May 23, 2010 10:57pm May 23, 2010 10:57pm
Quoting Raza
... Yes and replied while ago..
Thanks Raza.
I'm gonna buy into dips from now on.
I'll let you know how I fare.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #225,984
  • May 23, 2010 10:58pm May 23, 2010 10:58pm
because ODL sucks big time....Get away asap

Quoting Catch-22
wtf,m odl wont let me close my trade. anyone know why it keeps saying off quote?
  • #225,985
  • May 23, 2010 10:58pm May 23, 2010 10:58pm
Quoting alsup1955
because ODL sucks big time....Get away asap
hehe never had this before.
  • #225,986
  • May 23, 2010 11:13pm May 23, 2010 11:13pm
Quoting KillerWhale
Thanks Raza.
I'm gonna buy into dips from now on.
I'll let you know how I fare.
Sent you another PM...Ok off to ZZZ...

Made my Daily Target...not gonna over Trade...

Fx is Opportunity Central... will look into it in the Morning...

Take care Folks....
Markets are not Random, they are designed!
  • #225,987
  • May 24, 2010 12:46am May 24, 2010 12:46am
here is my updated chart on gbp/usd ...went as plan and spike above ress. to confirm a bullish signal ..i do expect a drop to 1.4250 in the coming sessions,and if not a daily close above ress is just as good...

if gbp/usd drop to 1.4250 then i do expect like waht i said over the weekend,gbp/jpy drop and form a double bottom ..the close above 130.50 was a false break for me and we will trade below that ress and possible form a double bottom at 127 somewehre ...(confluence area at 131.70/132) !!!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd day1.jpg Size: 92 KB
  • #225,988
  • May 24, 2010 1:05am May 24, 2010 1:05am
i think i think ill stab for shorts in a minute on both gbp pairs ! gbp/usd target 1.4250..and gbp/jpy somewhere at the bottom ,dont know,,will watch gbp/usd for an exit on gbp/jpy
  • #225,989
  • May 24, 2010 1:20am May 24, 2010 1:20am


Quoting fullhouse
i think i think ill stab for shorts in a minute on both gbp pairs ! gbp/usd target 1.4250..and gbp/jpy somewhere at the bottom ,dont know,,will watch gbp/usd for an exit on gbp/jpy
Nihil Sine Deo.
  • #225,990
  • May 24, 2010 1:25am May 24, 2010 1:25am
Quoting Scrat

scrat do you see that excellent risk/reward ratio if we go as low as 1.4250 for a buy ??? stop just below the low ..30 pip stop for a possible 500 pip limit ? .. if we go below the low ,,then down we go and more .. and risk only 30 pips!!!!
  • #225,991
  • May 24, 2010 1:32am May 24, 2010 1:32am
IF we go there, yes.

Quoting fullhouse
scrat do you see that excellent risk/reward ratio if we go as low as 1.4250 for a buy ??? stop just below the low ..30 pip stop for a possible 500 pip limit ? .. if we go below the low ,,then down we go and more .. and risk only 30 pips!!!!
Nihil Sine Deo.
  • #225,992
  • May 24, 2010 1:43am May 24, 2010 1:43am
Do you think this is a shake out of week longs before we go to 132/133? One thing that I have noticed in these conditions (500 pips move per day) is that unfortunately the moves become very one-directional, i.e. the double bottom that the fullhouse is expecting with a high probabilit won't happen (we will either go north or go right through that)...any thoughts on this?




Quoting Scrat
IF we go there, yes.
  • #225,993
  • May 24, 2010 1:44am May 24, 2010 1:44am
here is a chart... we r busy back down to form a deep right shoulder ...WE SHOULD GO ATLEAST TO THE 78.6 FIB ,IF WE DONT GO THAT FAR TO 1.4250, and the 78.6 fib is not that far away from 1.4250.its right at 1.4293..then if you pull your fibs for the 1.618 tartget,then look where sit that ? right at the confluence area of 1.4720 ...

for me,this is an easy setup for the week and will play according to this chart... sell now to 1.4293,then a reverse to 1.4720,then a possible sell again ,probably only to the neckline ...if we go bulls again or back to bears,i dont know..will see
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd day2.jpg Size: 85 KB
  • #225,994
  • May 24, 2010 2:04am May 24, 2010 2:04am
I am still looking at the market, spike upside and downside?

Quoting Scrat
IF we go there, yes.
  • #225,995
  • May 24, 2010 2:22am May 24, 2010 2:22am
Shake it out baby...shake it out....

Quoting uncletrumpet
I am still looking at the market, spike upside and downside?
  • #225,996
  • May 24, 2010 3:14am May 24, 2010 3:14am
I have a question for all of you who I see drawing half of a pattern when only half is present. Why do you do this? Do you honestly find it tradeable or are you just drawing possible scenarios to be aware of. I mean two higher highs and two higher lows doesn't have me thinking head and shoulders already. IT has me thinking uptrend.

I'm not digging at you here, I'm honestly just wondering how these benefit any of you in real, day to day trading. I could very well be missing something. I do that a lot.
Every time you use 'hopium' in a post, God kills a kitten.
  • #225,997
  • May 24, 2010 3:15am May 24, 2010 3:15am
I very sad, it seem broker always go hit every SL i set.
If no Set SL, the price won't come. After set it touch then bounce continue the move...already twice today...feel like cheating zzz
  • #225,998
  • May 24, 2010 3:26am May 24, 2010 3:26am
Quoting Redemption
I very sad, it seem broker always go hit every SL i set.
If no Set SL, the price won't come. After set it touch then bounce continue the move...already twice today...feel like cheating zzz
1 humble advise for u. U blame broker you ain't going to get anywhere. You blame yourself you might improve.
Read the entire market, money is made on the main trend not the fluctuation
  • #225,999
  • May 24, 2010 3:30am May 24, 2010 3:30am
Quoting Kofmaster
1 humble advise for u. U blame broker you ain't going to get anywhere. You blame yourself you might improve.
I try to understand about it. Because i facing this problem b4. But if you see overall you will get to know is the trend right or not. Thanks.
  • #226,000
  • May 24, 2010 3:32am May 24, 2010 3:32am
Today because of no involvement of the bank, I expect the price is going to be alittle differ from the usual. Best is to until US session or tmr.
Read the entire market, money is made on the main trend not the fluctuation
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