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damonl replied Jun 1, 2008I think i will put in another one 50 pips away and close out my first order in profit and cancel the second one before it gets hit. never tried it before, but it is so slow right now, what the heck. hang on to your hats

Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied Jun 1, 2008That was just my putting in a buy stop order and not more than 15 minutes later it was hit.....should i put in some more?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 31, 2008moe...this is very interesting in a market like this. how many pips would you say is enough room to determine which direction the trade is going to go that day? 50 pips? c'mon....i think that you can talk. your just playing hard to get

Cable Update (GBPUSD)
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damonl replied May 31, 2008I think your chart shows the power of a fb fan (singular) what happens when you add a fan from 3/17 to 4/18. All of sudden you start seeing support lines that could hold up any fall. jmop though as i really don't plot fib fans nor follow them to ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 31, 2008Well...how did usdjpy get to this point with not strength? but it did though. Also I see high commodity prices hurting a highly industrialized nation like Japan more so then the US. So, just because oil will go up and gold will go up, the pinch will ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 31, 2008well...this is a tough one to answer. i am from Wisconsin and have a full time day job. I also make a few trades at 0:00 GMT and then I try to go to sleep(which doesn't always work out). then I try to wake up about 6:00 GMT for London, but sometimes ...
USD/JPY Discussion
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damonl replied May 31, 2008back on subject......here is my d1 chart — it is possible that price will trade within the blue triangle. there is definetly more congestion below than above. if price can close above 208.75 area i can only see it going to 211.25 are and if ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 31, 2008Bottom line for me....... — I do not trade aulslanco's method, but this is a runaway thread anyway and i like the analysis everyone gives... Here is the bottom line...on the close of the 4/13 bar on w1 at the very latest, w1 showed that we ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 31, 2008let's assume that both buddies are right. gbpusd falls on monday goes up and tuesday and falls on wednesday and up on thrusday. since you like history, i could give you a chart showing the previous history of this type of movement, but history ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 31, 2008calculation anyone.... — I mentioned in an earlier post that a buddy who trades fundamentals is taking usdjpy from 103 to 108. whether he reaches that target or not depends on the news for him, but let's say for a minute that he is right (and ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 31, 2008i see it, now how do i trade it?????? — all this information may be good information to you as you appear to be a fundamentalist trader. i have for the past two years just been trying to get comfortable with my charts, a feat that i think i ...
USD/JPY Discussion
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damonl replied May 30, 2008sounds good to me...i like your thought process.....lots of people here on the geppy short boat. good or bad, i think they forget to want what the market wants. as for a los s/l on gbpchf.....this pair can retrace up to 100 pips in one bar before ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 30, 2008time to start thinking about next week..... — Here is my technical analysis.... 1. no buyer sell-off on friday 2. closing above major resitence @ 105 area 3. bounced up off major resistence area @ 105 on friday 4. if we do not close below 105 ...
USD/JPY Discussion
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damonl replied May 30, 2008I wouldn't expect it either....eurusd had a 1 day correction bar and friday and most likely will fall which would bring usdchf up. also i am seeing in up move on gu. however...low volume on monday may bring it down on tuesday.....depends how big ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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damonl replied May 30, 2008twezzer bottoms....... — twezzer bottoms on D1 tells me that this thing will be going up...possible to see 1.9900+ on Monday. Will be wathing 1hr williams % for validation
Cable Update (GBPUSD)
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damonl replied May 29, 2008can i see your chart that shows tweezer tops? I have never heard of those before?
Auslanco - GBP/JPY and GBP/USD (newstrade)