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ovaforty replied Jan 10, 2008She is going to test the rejection at the 61.8 fib (where it was rejected) of the last downmove.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 10, 2008i drew a fib of the last upmove. Looks like it bounced at the 50% fib.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 10, 2008My long (213.96) got stopped out at the 38 fib. My short from the 61.8 fib covered the retrace down.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 10, 2008I borrowed the high/low and the moms from auslanco....
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 10, 2008price has crossed below daily chart 5 sma for geppy.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 10, 2008i booked partial profits on my long euro/usd (146.75) at 1.48. I will let the remainder run to see if it will retest the previous highs or not.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 10, 2008sell aud/usd if it gets to the 90 level. We will see 83 in this coming year.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 10, 2008my 65 pip trailing stop is sitting on the 38 fib. IBFX allows us to hedge without charging against the margin.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 10, 2008i sold the 61 fib with another micro lot. If my trailing stop activates then my 2 shorts will have been in profit.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 10, 200861.8 fib was rejected and the 50 fib is being tested now.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 10, 2008In a bear market, I will sell into rallies, until the trend is reversed to long.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 10, 2008I have no bias. I just trade what I see.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 10, 2008Geppy just hit the 61 fib of the last fall. Watching it closely.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 10, 2008i still have my long in place with 65 pip trailing stop, but i have placed a micro lot sell at 214.90 where the 55sma is sitting with the 100 sma on the hourly chart. The 55 sma has slightly crossed below the 100 which is bearish. Both sma's are ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 10, 2008my target is the daily 5 sma high at 216.07 area. I have added a 65 pip trailing stop also. My tp is 216 for now, but I am watching the 61 fib of the last move down at 215 area, looking for a rejection or a break. I may sell it there or not.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 10, 2008I have set my stop loss to +1 on my long as it has passed the 5 sma daily.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 10, 2008Range trading means small trend according to momentum. I closed my shorts when I saw the rejection at 213.51 area and bought when it recrossed the 5 sma low to test the 5 sma and maybe the 5 sma high on the daily. I am now long from 213.96. Target ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ovaforty replied Jan 10, 2008i booked some quick pips long and now i am out of the market
Auslanco - GBP/JPY and GBP/USD (newstrade)