[09:29:18 14/10/08] caprica1 : morning
[09:29:42 14/10/08] klho83 : Hi Cap gm
[09:43:39 14/10/08] caprica1 : how are you K?
[09:48:11 14/10/08] klho83 : m doing fine cap .Thanks. U missed yerterday trade?
[09:57:13 14/10/08] fxjedi : gm all
[10:02:40 14/10/08] Stalion : helloo everyone
.
[10:16:03 14/10/08] fxjedi : UK House Sales At Record Lows - RICS:
[10:16:21 14/10/08] fxjedi : The latest RICS house price survey released overnight
showed UK house sales in September fell to record lows, while the net balance of
surveyors reporting prices falling against rising was -84.2 compared with -81.8 in
August. It's difficult to tell if the data had any impact on sterling, however
GBP/USD has fallen in early Europe and now trades at 1.7440 from the day's high of
1.7547, while EUR/GBP is trading in the middle of its 0.7830-0.7794 day's range
[10:25:10 14/10/08] Stalion : BUY STOP ON GBP @ 1.7570...1ST TARGET @ 1.7610..2ND
TARGET @ 1.7648
[10:26:50 14/10/08] caprica1 : do your buy prices include your spreads Stal?
[10:27:08 14/10/08] Stalion : STOP LOSS @ 1.7505
[10:27:57 14/10/08] Stalion : no....please add spreads to price...2 or 3 pips...
[10:28:10 14/10/08] caprica1 : lol. Just checkinh
[10:32:10 14/10/08] Stalion : price looks to retracing down to 1.7470
[10:35:32 14/10/08] Stalion : the trend is still up,guys...in which the retracement
level is inside the uptrend...get it?
[10:36:32 14/10/08] Stalion : cool...
[10:43:53 14/10/08] Stalion : price diving down to the 1.7470 area...pardon the
pun,cap..
[10:48:40 14/10/08] caprica1 : lol. None taken
[10:54:04 14/10/08] Stalion : so why do we see price dipping to that 1.7470 area?
[10:57:32 14/10/08] caprica1 : no sure. The high of yesterday was .7442
[10:58:51 14/10/08] Stalion : so??
[11:01:35 14/10/08] Stalion : for now..dats not the high to to be looking for...the
one at 1.7566 could be more productive really..soo, what were you thinking when you
mentioned the high of yesterday..especially in relation to that region?
[11:02:11 14/10/08] Stalion : masif??
[11:04:00 14/10/08] caprica1 : yesterday's high could act as support
[11:05:50 14/10/08] Stalion : helloo there takbal...
[11:06:04 14/10/08] takbal : hi all
[11:07:03 14/10/08] Stalion : yes, it sure could...but it might be more incisive if
we take the swing low at 1.7413 as major support..
[11:11:13 14/10/08] masif1 : hi stal
[11:13:45 14/10/08] caprica1 : yep
[11:34:57 14/10/08] Stalion : price making a counterattack to the bullish side
[11:39:17 14/10/08] caprica1 : yeah it's moving back up to the entry.
[11:44:41 14/10/08] Stalion : price needs to breach two resistance area before it
gets to our trigger..
[11:49:38 14/10/08] caprica1 : where are those areas
[11:55:46 14/10/08] Stalion : we are at the first area now..at 1.7550
[11:56:20 14/10/08] Stalion : 2nd area is 15 pips away at 1.7566
[11:56:53 14/10/08] Stalion : hi enolase
[11:57:03 14/10/08] enolase : hi
[11:58:29 14/10/08] Stalion : welcome aboard and fasten ur sealbelts...
[11:58:37 14/10/08] Stalion : seatbelts
[12:00:24 14/10/08] enolase : any orders yet?
[12:01:01 14/10/08] fxjedi : just imagin you just retired and 60 percent of your
portfolio in stocks....hmmm, I guess retirement is already over for some..No choice
but to keep working till death...The talking heads think this will extend, yeah
right....another selling opp if ya ask me...this world is headed for Revolations
spelled out in the Bible...And Im not even a religon activist....
[12:01:23 14/10/08] fxjedi : its up there enolase
[12:05:10 14/10/08] fxjedi : UK Gilts The UK government faces a £2B paper loss on
its investment in the country's banks - FT
[12:05:42 14/10/08] Stalion : BUY STOP TRIGGERED...
[12:07:46 14/10/08] fxjedi : whooppiieeee...!!
[12:09:54 14/10/08] Stalion : not so fast...
[12:10:49 14/10/08] enolase : my network is slow
[12:11:18 14/10/08] Stalion : starcomms?
[12:15:58 14/10/08] fxjedi : EUR/USD : The current expected trading ranges from the
monthly cycle projected series are 1.3390 // 1.3476* - 1.3562 - 1.3648 - 1.3734 -
1.3820* - 1.3906 - [1.3992]. A critical resistant point is positioning at 1.3749
[13:21:01 14/10/08] Stalion : please take half profits now as price is at
1.7605...+30 pips..
[13:25:17 14/10/08] Stalion : hi masif///
[13:27:05 14/10/08] Stalion : the recent high has been pierced right now....which
looks like a continuation of the uptrend
[13:28:49 14/10/08] Stalion : +40 pips...
[13:30:20 14/10/08] Stalion : 2nd target 1.7685
[13:30:51 14/10/08] Stalion : or just place a 15 to 25 pip trailing stop...
[13:32:01 14/10/08] enolase : just exited at 1.7624
[13:33:22 14/10/08] fxjedi : that was kinda fast,enolase
[13:33:39 14/10/08] enolase : i will look for a safe re-entry point
[13:34:58 14/10/08] enolase : with this my network i can't take no stupid chances
[13:36:10 14/10/08] enolase : Starcomms cost me badly last week Monday
[13:36:51 14/10/08] enolase : was in profit to the tune of $2000 at a point, then
just as I was about to place a trailing stop, my network disappeared (for the next
one week)
[13:37:44 14/10/08] enolase : and I ended up making only $800 from the trade (price
had retraced by the time i was able to get to a cafe where i had downloaded the MT4
platform
[13:37:45 14/10/08] Stalion : why not use multilinks?
[13:39:01 14/10/08] Stalion : or better still...cobranet or swift networks...they
are broadband and very fast....see if dey are operating in ur area...jus 15 or 16k
per month...like starcomms
[13:41:27 14/10/08] masif1 : do u mean 3rd target 17685?
[13:44:41 14/10/08] Stalion : yes...masif.....3rd target @ 1.7685....
[14:45:48 14/10/08] Tpack : hi is this room active ?
[15:03:24 14/10/08] masif1 : we got stopped out on the way to 2nd target
[15:03:30 14/10/08] masif1 : damn something wrong with the chat box
[15:17:07 14/10/08] Tpack : hi masif1 is the chatbox playing up ?
[15:18:15 14/10/08] masif1 : i think so
[15:36:16 14/10/08] enolase : well, just logged back in to see that GU dropped like
it wqs hot
[15:36:45 14/10/08] enolase : looks like i made a wise choice taking what i was
able to get and scramming
[16:26:54 14/10/08] masif1 : yep got stopped out again
[16:27:07 14/10/08] masif1 : looks like gu going down down down