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

  • #226,021
  • May 24, 2010 11:23am May 24, 2010 11:23am
Quoting Geppy
Honestly, not sure yet... haven't taken a trade yet this week. I'm just keeping an eye out and waiting for something better to develop.
I've taken no positions either (other than holding some 134 shorts) ... the markets look like they might take a reprieve from more down moves this week, so I'm seeing today as things finding their footings and direction for the week ... am out for the rest of the day, & will look to see what highs/lows are established as we move into London open tomorrow. Am a little worried we might be ranging until the new UK gov't has more to say, which could be weeks off.
  • #226,022
  • May 24, 2010 11:26am May 24, 2010 11:26am
How do you trade this beast? Can someone explain to me the auslanco method because I've lost some memory I think..
Trade what you see, not what you think.
  • #226,023
  • May 24, 2010 11:31am May 24, 2010 11:31am
Quoting karmostaji
How do you trade this beast? Can someone explain to me the auslanco method because I've lost some memory I think..
Try post #1 although I don't think many if any in here actually use it.
Every time you use 'hopium' in a post, God kills a kitten.
  • #226,024
  • May 24, 2010 11:34am May 24, 2010 11:34am
Quoting Beljevina
I've taken no positions either (other than holding some 134 shorts) ... the markets look like they might take a reprieve from more down moves this week, so I'm seeing today as things finding their footings and direction for the week ... am out for the rest of the day, & will look to see what highs/lows are established as we move into London open tomorrow. Am a little worried we might be ranging until the new UK gov't has more to say, which could be weeks off.
Ya, looks like there is some bullishness to work out but my god it is a weak scared bull.

Sooner or later bear machete is coming out though, I think that is obvious.
  • #226,025
  • May 24, 2010 11:43am May 24, 2010 11:43am
Quoting karmostaji
How do you trade this beast? Can someone explain to me the auslanco method because I've lost some memory I think..
Holy smokes..... me too !!!

How the heck are you mate ?
How's married life ?
  • #226,026
  • May 24, 2010 12:11pm May 24, 2010 12:11pm
Quoting karmostaji
How do you trade this beast? Can someone explain to me the auslanco method because I've lost some memory I think..
karmo u kidding?
Read the entire market, money is made on the main trend not the fluctuation
  • #226,027
  • May 24, 2010 12:18pm May 24, 2010 12:18pm
Quoting Kofmaster
karmo u kidding?
Hahaha believe me I think I've lost some of my magic... I need help or maybe therapy
Trade what you see, not what you think.
  • #226,028
  • May 24, 2010 12:18pm May 24, 2010 12:18pm
Quoting kujo17
Holy smokes..... me too !!!

How the heck are you mate ?
How's married life ?
I'm doing great even though getting lil bit of sleep at night.. what about you?
Trade what you see, not what you think.
  • #226,029
  • May 24, 2010 12:28pm May 24, 2010 12:28pm
Quoting karmostaji
Hahaha believe me I think I've lost some of my magic... I need help or maybe therapy
I've been watching ur post since back to 2008. You're a great analyst with great patient. Remember you invented the Karmo Patient Pills??

I guess those were the days, we're in the high up in sky free fall for almost a year or two. Those were the bonus days.

But however times has changed. I hope the best for you and hopefully you can join for more discussion here!!
Read the entire market, money is made on the main trend not the fluctuation
  • #226,030
  • May 24, 2010 12:44pm May 24, 2010 12:44pm
no shorts if it breaks above 131.45.

ranging for now. u-j had a breakout to the upside and will probably need some retrace, g-u is just retracing (for now) but at some point will resume crawling up... so i think until these two go in sync, g-j will range between 131.45 and 128.90...

Quoting Cod
Just trying to figure out where this thing want to fall from. Where are you looking to start shorting Geppy?

132.25 looks like a good place to short from if it can ever get there. It looks like a sick beast today.
Nihil Sine Deo.
  • #226,031
  • May 24, 2010 1:00pm May 24, 2010 1:00pm
Quoting karmostaji
I'm doing great even though getting lil bit of sleep at night.. what about you?
good here.
Twins are 2 now. Nathaniel is gonna be 4 the end of june.
Crazy how time flies.
  • #226,032
  • May 24, 2010 1:02pm May 24, 2010 1:02pm
Quoting karmostaji
I'm doing great even though getting lil bit of sleep at night.. what about you?
Karmo!
More than nice to see you here.
I lost my old nick, but np. Got a new one
In same funny way, it did go as you said, two years ago and it still moves as you said. That floor.... I think we are going to find out in next 6-12 months do we get that floor number. Anyway, welcome back.

  • #226,033
  • May 24, 2010 1:04pm May 24, 2010 1:04pm
oh i just got back at the right time ...

time to add more shorts on gbp/jpy aswell as gbp/usd ..short aud/jpy aswell
  • #226,034
  • May 24, 2010 1:18pm May 24, 2010 1:18pm
well I dot know you guys but this bull looks like a coward cow to me..out of gass and sissy so Im going SHORT now
  • #226,035
  • May 24, 2010 1:24pm May 24, 2010 1:24pm
I have a pending order for LONG at 128.15... I wonder when we will reach it again...
  • #226,036
  • May 24, 2010 1:24pm May 24, 2010 1:24pm
Quoting Scrat
no shorts if it breaks above 131.45.

ranging for now. u-j had a breakout to the upside and will probably need some retrace, g-u is just retracing (for now) but at some point will resume crawling up... so i think until these two go in sync, g-j will range between 131.45 and 128.90...
Sounds reasonable to me. I have a few longs here from 130.20 I think I will set tp on them for 131.20 and take a look when those hit.
  • #226,037
  • May 24, 2010 1:28pm May 24, 2010 1:28pm
Quoting kourtney
well I dot know you guys but this bull looks like a coward cow to me..out of gass and sissy so Im going SHORT now

the high is already there..131.40 ... just a matter of time she break down..i still got confluence area in sight at 131.70,,above that ,then medium bottom is in place,,but i doubt this is the case,,down we go... dont know when,but it cant be too long,,she gets tired up there ,,she just just hanging on there
  • #226,038
  • May 24, 2010 1:39pm May 24, 2010 1:39pm
yes this consolidation seems to be one more of this "i-will-go-down-soo NOT" jokes of the Pair...

but in some way makes me more confident the more it consolidates the harder the move specially since all my moving average are about to be crossed from above...except for 2 hr and up...so at least 129.80 will happend today ....then i see 129 and 128 of course not in straight line but we will analyze again then...for now juts patiently waiting for a new dip
  • #226,039
  • May 24, 2010 1:58pm May 24, 2010 1:58pm
Quoting karmostaji
I'm doing great even though getting lil bit of sleep at night.. what about you?
I'm glad to see you.
How are you ?

People running out of patience pills. You could open a store here
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #226,040
  • May 24, 2010 1:59pm May 24, 2010 1:59pm
Quoting Scrat
no shorts if it breaks above 131.45.

ranging for now. u-j had a breakout to the upside and will probably need some retrace, g-u is just retracing (for now) but at some point will resume crawling up... so i think until these two go in sync, g-j will range between 131.45 and 128.90...

scrat,,do you reckon a new low below last week ?
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