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

Quoting malcolmb14

aj short ( thanks 5x for bringing it to my attention) was based on reducing volume going into flag break out = bull trap ( how many went long on that to lose 50 pip) .. it formed an evening star ... simple simple trade

90 on ym , 100 on gj and 60 on aj into close ... great last 1 hour
range play was pretty easy today

but i was scare to go short only longs
Quoting 5ysfx
range play was pretty easy today

but i was scare to go short only longs

I hear you .... it was a very choppy market today .... day traders who knew what they were doing and got in at the right times did ok ... others who think they are day traders ( the trending market has made many of those in the last few weeks) likley lost a bunch today
Blogging daily now at www.volume.zone
If this is not true breakout then i have to read this famous babypips

Death cross is nearly finished only Monday's gap down might spoil LONG setup.

Have a nice weekend everyone
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Quoting 5ysfx
If this is not true breakout then i have to read this famous babypips

Death cross is nearly finished only Monday's gap down might spoil LONG setup.

Have a nice weekend everyone

aj daily chart .... reducing volume leading in to hang man .... very breaish

DJ same pattern

and GJ stopped dead today right under the daily 14 sma that has been forming R , with what looks to be the making of an evening star

i call a down week next ...140 test maybe

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Blogging daily now at www.volume.zone
Quoting 5ysfx
If this is not true breakout then i have to read this famous babytits

Death cross is nearly finished only Monday's gap down might spoil LONG setup.

Have a nice weekend everyone
I did not know that site had something to read

On GJ I never believe a bull or a bear setup until i see it on a 4 hour chart or a daily chart.

with 4 hour crying for a short, i can't long here.

overall i had an enjoyable week, just too many swing pips.
twee banned me so i left
Who wins
But can sure tell u they are sucking in alot of longs tht havent yet to be paid
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"Millionaires don't use astrology, billionaires do"
something to cheer u up
We have a party time

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great music videos LMAO

Sorry for offtopic anyway
does anyone know of a broker who does Gbp/Aud on a META TRADER 4 Platform?

thanks!

Serendipity
Quoting Serendipity
does anyone know of a broker who does Gbp/Aud on a META TRADER 4 Platform?

thanks!

Serendipity
FxPro
Forex.com MT4 Platform has it!
Quoting 5ysfx
Monday's gap down might spoil LONG setup.

Have a nice weekend everyone


Sonic
Choppy market, but you can still make money. Here's my 5 minute scalping chart. Last weekend I posted my 30 minute medium-term chart. I'm still an amateur, but hopefully someday I will be as good as some of the posters here. Anyway, I hope others can still learn from my busy chart.

Basically, we have a LSWPR (14), RSI (9), RSI (3) multi-timeframe [15 min], Zero Lag MACD (4,7,9), MACD Crossover Alert, and Demark Lines. Enter when at least 2 of the lower indicators agree. It's even better if 3 of them agree, though. Exit when 2 agree or on a macd cross.

I'll attach the indicators here if anyone wants to try them. I put red and green vertical lines to show you the entry and exit points, but normally they aren't on the chart. The MACD Crossover Alert rings when the macd crosses. The Demark Lines automatically draw the white trendlines.

The RSI I have here has a built in alert so it rings when it crosses down the 65 or crosses up the 35. Right now it turns red when it crosses up the 65 and turns green when it crosses down the 35. If anyone here knows how to modify this attached RSI file so it would only turn red once it crosses down the 65 or turn green when it crosses up the 35, it would help us all, and I would be very grateful.

The RSI really helps me a lot and thanks to Malcolmb14 for showing us how he uses it.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy 5 min with lswpr, rsi, zerolag macd.gif Size: 30 KB
Attached Files
File Type: mq4 LSwpr_in+Color.mq4   3 KB | 592 downloads
File Type: mq4 RSI_Color_RSI_v1.01_Maxim.mq4   14 KB | 610 downloads
File Type: mq4 MACD_colored_mladen.mq4   8 KB | 488 downloads
File Type: ex4 MACD Crossover Alert.ex4   4 KB | 441 downloads
File Type: mq4 DeMark lines.mq4   17 KB | 492 downloads
Will it brings in some good pips for LONG..in JPY pair..next week...??

Sonic

Bank of Japan May Be Heading Back to `Zero Interest-Rate World'


HERE
Quoting fxslinger
Choppy market, but you can still make money....
very cool BUT if you could get that on a 3 min or 2 min chart in this market you will get in closer to the bottoms and tops .... one of things that has happened to nm recently is my trading has evolved to the next level , where as you can see form postings I make i can get almost bang on tops and bottoms .. this is by using a 2 min and 3 min chart
Blogging daily now at www.volume.zone
Quoting sonicdeejay
Will it brings in some good pips for LONG..in JPY pair..next week...??

Sonic

Bank of Japan May Be Heading Back to `Zero Interest-Rate World'


HERE
.3 % and 0 ... what is the difference ?


lets assume 165.57 was top ... and now we have a 1-2-3 sell 9 the candles look like they are rolling over)

here is downside targets

155.5
150.2
140.7 ( more than likely)
133.97

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Blogging daily now at www.volume.zone
I wish I could, but I don't know how to do it on metatrader4. Do you know how to make a live 2 min or 3 min chart? I don't like the offline way that metatrader uses to make custom timeframe charts.

Quoting malcolmb14
very cool BUT if you could get that on a 3 min or 2 min chart in this market you will get in closer to the bottoms and tops .... one of things that has happened to nm recently is my trading has evolved to the next level , where as you can see form postings I make i can get almost bang on tops and bottoms .. this is by using a 2 min and 3 min chart
Quoting malcolmb14
.3 % and 0 ... what is the difference ?


lets assume 165.57 was top ... and now we have a 1-2-3 sell 9 the candles look like they are rolling over)

here is downside targets

155.5
150.2
140.7 ( more than likely)
133.97

Attachment 164305
I think it can be big difference,,,as jap is only 0.5 originally....0.3 to 0 is like a more than 50% cut...

Sonic
I think they must do so, as to not create a collapse. every country must slash rates, meaning yes carry could be viable YET everything will stay the same as everyone comes down. Risk is still very hi and a bottom not seen yet over the mid term to cpl 3 years out. And looks grim globally. It will be sideways to slow declines for some time,
Equities bottom will be tested again next week IMO. No strength will be seen and if it is it will be sold into. Real money is scared still to come to the table. Why invest to lose. Carry is dead even if Yen pays u to take their money. BUT ST traders can really make a ton in this volaility.

My advice learn the scalp, if u can even call 100-200-500 tics a scalp
advance the indi's to meet the times before us. Preemptive strike entries are almost as good as gold yeilding hi returns, But NIMBLE is the word.


As numb nuts on mad money says BUY and HOLD is over for all instruments for at least a period
"Millionaires don't use astrology, billionaires do"
Election = volatility that's for sure
Money & Pain Respect the market, protect your capital, be patient
Quoting sonicdeejay
I think it can be big difference,,,as jap is only 0.5 originally....0.3 to 0 is like a more than 50% cut...

Sonic

good morning

likely built in .. look at this daily....

the three green candle then a red candle which almost looks like an engulfing candle

this looks like a reversal to me

note the way the volume was lower on the third green candle = NO demand bar

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Blogging daily now at www.volume.zone
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