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GBPJPY scalpers

  • #501
  • Mar 11, 2008 2:59pm Mar 11, 2008 2:59pm
Quoting ultimate
Glad to see you figured out your problem. Malcolmb14 is usually in for the NY session.
Hopefully I'll be smart enough to join tomorrow.
  • #502
  • Mar 11, 2008 4:22pm Mar 11, 2008 4:22pm
my long is looking good on the aussie! hope you grab some pips too malc!
  • #503
  • Mar 11, 2008 4:27pm Mar 11, 2008 4:27pm
Quoting alan003
my long is looking good on the aussie! hope you grab some pips too malc!
small lot long AJ since early this AM from a nice RSI MA signal.
History is written by the victors.
  • #504
  • Mar 11, 2008 6:02pm Mar 11, 2008 6:02pm
Quoting malcolmb14
Alan what do you think ????

we are still forming the handle of the cup or the flag of the bull flag that is all . If the bottom of the flag breaks and price drops then it will different.

Attachment
Great call Malcolmb on the bull flag.

DO you think it is going to continue higher or retrace down.

All indications look to be up on the 180 60 30 15

Fibinocci tells me it has to retrace some.

Its been a great week so far with over 800 pips banked.
  • #505
  • Mar 11, 2008 8:11pm Mar 11, 2008 8:11pm
Quoting alan003
my long is looking good on the aussie! hope you grab some pips too malc!

Thought you were taking the piss out of me yesterday for being bullish ...lol

Glad to hear you making pips
Blogging daily now at www.volume.zone
  • #506
  • Mar 11, 2008 8:40pm Mar 11, 2008 8:40pm
Hi,

Thanks it work now.. No wonder i couldnt find it... Thanks man



Quoting 1ADB
Hi Moneymate8,

Open the Market Watch right click on it and select "Show All" This will display all available symbols.
  • #507
  • Mar 11, 2008 8:59pm Mar 11, 2008 8:59pm
Quoting malcolmb14
Thought you were taking the piss out of me yesterday for being bullish ...lol

Glad to hear you making pips
was just nervous that the aussie retraced more than what I was expecting... lol not going against you malc!
  • #508
  • Mar 11, 2008 9:31pm Mar 11, 2008 9:31pm
Hi Guys,

I've created a TradingRoom called 'malcolmb14', its under 'TradingRooms Directory' > 'Trading Rooms' > 'Community Trading Rooms' > 'malcolm14'

Everybody please use this room as the trading room from now onwards.

Thanks




Quoting malcolmb14
the room is under:

malcolmb14
  • #509
  • Mar 11, 2008 10:48pm Mar 11, 2008 10:48pm
  •  FxChi
  • | Joined Dec 2007 | Status: Cash Rules Everything Around Me | 749 Posts
Quoting moneymate8
Hi Guys,

I've created a TradingRoom called 'malcolmb14', its under 'TradingRooms Directory' > 'Trading Rooms' > 'Community Trading Rooms' > 'malcolm14'

Everybody please use this room as the trading room from now onwards.

Thanks


Kudos for doing that! Question though - is it under malcolm14 or malcolmb14? Just want to be sure.

Thanks!
"Wishful thinking dies hard." Igor T.
  • #510
  • Mar 11, 2008 11:11pm Mar 11, 2008 11:11pm
Hi FxChi,

Its malcolmb14....



Quoting FxChi
Kudos for doing that! Question though - is it under malcolm14 or malcolmb14? Just want to be sure.

Thanks!
  • #511
  • Mar 11, 2008 11:27pm Mar 11, 2008 11:27pm
Evening everybody,

I hope Malcolm doesn't mind me posting my thoughts on the GBPJPY. On the one hand, I see that it has touched 207.75 three times. This is significant. As W.D Gann said, when a commodity touches a trendline 3 times, it will most probably crack right through and go through on the 4th try. The problem is that it also did the same around the 203 area.

My "guess" is that it will go higher, not lower. In the meantime, I see a high at 21:23 so I shorted the damn thing, with a target of 206.52ish.

I also see a good CIT at 22:39-23:34

This could be a very good move from there! Whether it accelerates downwards or stops and goes up does not matter. I will take another trade then.

Time will tell....
Al
  • #512
  • Mar 11, 2008 11:35pm Mar 11, 2008 11:35pm
Does anybody have the direct link to Malcolm's trading room? I would like to access it but can't seem to find the damn site.

Any help is appreciated,
Al
  • #513
  • Mar 11, 2008 11:45pm Mar 11, 2008 11:45pm
Hi Zebra,

First you need to download a chat room software from http://www.tradingrooms.com/Download/Download.aspx, follow the instructions.

Open the software, TradingRooms Client, its under 'TradingRooms Directory' > 'Trading Rooms' > 'Community Trading Rooms' > 'malcolm14'

Hope this helps



Quoting zebra7860
Does anybody have the direct link to Malcolm's trading room? I would like to access it but can't seem to find the damn site.

Any help is appreciated,
Al
  • #514
  • Mar 12, 2008 7:11am Mar 12, 2008 7:11am
good morning

Not going to do the room today.

I want to focus on trading.

also was up to late messing with new software
Blogging daily now at www.volume.zone
  • #515
  • Mar 12, 2008 8:01am Mar 12, 2008 8:01am
Thanks for the update Malcolmb... there was quite a crew there waiting for you. Hopefully tomorrow!

Best REgards,
Dave
  • #516
  • Mar 12, 2008 11:27am Mar 12, 2008 11:27am
traded the YM for only 180 points today

It was very volatile moving in very nices waves on the 2 min .

I was usaing rsi trigger on the 5 min.

I started trading 5:30am pst ,stopped 8:30 am
Blogging daily now at www.volume.zone
  • #517
  • Mar 12, 2008 12:17pm Mar 12, 2008 12:17pm
Going to be in the room tomorrow that moneymate created for you?
  • #518
  • Edited 2:38pm Mar 12, 2008 2:23pm | Edited 2:38pm
malcolmb14 I must say that rapid rsi triggers on smaller timeframes are really really nice!

I took a trade that I got stopped out at breakeven, but it was at max 24 pips profit, and that was like after I had entered 20-25 pips after the trigger to be sure. I was expecting too much pips out of that trade.
RSI trigger was at 3m and it was bottom on a linear regression channel on 15m. So I wanted to exit at top of the channel, but it reversed before. But maybe I should target a smaller amount of pips like 20 as the rsi trigger was just on 3m.

EDIT: Lol I said a dumb thing, that channel could have been plotted on 3m too of course, I just mean the RSI trigger was only on 3m and not higher TF.
  • #519
  • Mar 13, 2008 7:16am Mar 13, 2008 7:16am
Are you actually planning on using the trading rooms room? Or did you give up on that idea?

Inquiring minds want to know.
  • #520
  • Mar 13, 2008 11:31am Mar 13, 2008 11:31am
Malcolm,

For the record the market seems to do what you tell it.............
Think BIG!
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