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GBPJPY scalpers

  • #581
  • Mar 17, 2008 1:03am Mar 17, 2008 1:03am
Quoting 59fender
194.85 adding to my long
you should try posting over on Breeze's thread

he has been calling a bottom since 229.00

they will worship you over there
  • #582
  • Mar 17, 2008 3:22am Mar 17, 2008 3:22am
Quoting 59fender
194.85 adding to my long
ouch 200 pip pull dwon

oh well you no listen you get burned ....
Blogging daily now at www.volume.zone
  • #583
  • Mar 17, 2008 3:25am Mar 17, 2008 3:25am
Quoting malcolmb14
199 ?

Please ignore this guys postings......do not follow him .

rsi sell trigger being generated . short 194.8
Did any play this ..... I scored 150 pips while sleeping
Blogging daily now at www.volume.zone
  • #584
  • Mar 17, 2008 3:40am Mar 17, 2008 3:40am
malcolm. ur short 194.80 was about 4 hours ago..and price didnt go down 150 pips after that? how did you scored 150 short while asleep?.

thanks
  • #585
  • Mar 17, 2008 3:51am Mar 17, 2008 3:51am
Quoting LeDurian
malcolm. ur short 194.80 was about 4 hours ago..and price didnt go down 150 pips after that? how did you scored 150 short while asleep?.

thanks
I thought it was gbpjpy.... It did not get filled,

it was last trade from yesterday evening..... sorry

That is what happens on no sleep
Blogging daily now at www.volume.zone
  • #586
  • Mar 17, 2008 4:03am Mar 17, 2008 4:03am
choppy trading

suport on 196 right now R at 196.6 zone
Blogging daily now at www.volume.zone
  • #587
  • Mar 17, 2008 4:28am Mar 17, 2008 4:28am
Nice trade there on break down support , 195.85 entry closed 195 ( on retest and brek thru on the doji)
Blogging daily now at www.volume.zone
  • #588
  • Mar 17, 2008 4:49am Mar 17, 2008 4:49am
Quoting malcolmb14
ouch 200 pip pull dwon

oh well you no listen you get burned ....
Where's the 200 pip pulldown? He went long 194.85 5 hours ago. Looks like it went 180+ in his favor.
  • #589
  • Mar 17, 2008 4:56am Mar 17, 2008 4:56am
The market says it's going to 196.90. I'm long to there. A fun little scalp. I don't know when, just where.
  • #590
  • Mar 17, 2008 5:00am Mar 17, 2008 5:00am
She's also going to hit 191.91. I'm a hedging kinda bloat. Why not kill two birds with one stone?
  • #591
  • Mar 17, 2008 5:09am Mar 17, 2008 5:09am
Quoting Scotty B
The market says it's going to 196.90. I'm long to there. A fun little scalp. I don't know when, just where.
Good luck!
Without getting into any technical analysis, you're probably right: GJ will reach 196.90. But when?! And more importantly, how low will it get before it climbs back to 196.90? And how much pain can you stand?
In other words, thanks for your "signal", but where do we put our stoploss? 195? 194? 190?
Of course, I'm not saying it'll reach those levels. I hope for you that it doesn't, any time soon. All the more reason to set sl...

Have fun!
  • #592
  • Mar 17, 2008 5:34am Mar 17, 2008 5:34am
Quoting 6pack
Good luck!
Without getting into any technical analysis, you're probably right: GJ will reach 196.90. But when?! And more importantly, how low will it get before it climbs back to 196.90? And how much pain can you stand?
In other words, thanks for your "signal", but where do we put our stoploss? 195? 194? 190?
Of course, I'm not saying it'll reach those levels. I hope for you that it doesn't, any time soon. All the more reason to set sl...

Have fun!
Hey friend. I suppose I should mention that the forex is a risky old beast of a market. The parameters I listed are the field the market is playing on; boundaries if you will. Also I don't use stops. They are a waste of completely good money. I don't advocate trading that way though. It's not for the faint of heart. Right now I have trades in extreme DD, but they are long positions and I don't mind the interest payment at all. They are quite nice really. Infact I have TP's on those trades way up at 208.30. It might not make a lot of sense, but this is a great time to go long the way I see it. It's a numbers game. don't worry mate, she'll go up again; she said she would and she never lies. I attached a chart with some lines to help visualize the short situation. She has kindly told us, shes headed to the pretty green line.
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  • #593
  • Mar 17, 2008 6:48am Mar 17, 2008 6:48am
gbpusd right on 2.0000. Breaks this and gbpjpy going down even firther under that 192.7 support
Blogging daily now at www.volume.zone
  • #594
  • Mar 17, 2008 6:54am Mar 17, 2008 6:54am
Quoting malcolmb14
gbpusd right on 2.0000. Breaks this and gbpjpy going down even firther under that 192.7 support

Malcolm hi.

GJ D-Bottom in the last 15 min. The trend is still down.
Dow looks to open -190 ish. What are your thoughts on GJ ?
I am short from 195.5 on a free carry now.
Damo.
where thought goes energy flows
  • #595
  • Mar 17, 2008 7:01am Mar 17, 2008 7:01am
hello Marlcorm .

Thanks for the insight into the trades. know you a busy man but will very much apprciate it if we can have time that you will be using the room so I can join you.
  • #596
  • Mar 17, 2008 7:15am Mar 17, 2008 7:15am
Quoting freedomseeke
hello Marlcorm .

Thanks for the insight into the trades. know you a busy man but will very much apprciate it if we can have time that you will be using the room so I can join you.
need to focus on trading today

I will be in the room wednesday
Blogging daily now at www.volume.zone
  • #597
  • Mar 17, 2008 7:26am Mar 17, 2008 7:26am
Quoting Damo12
Malcolm hi.

GJ D-Bottom in the last 15 min. The trend is still down.
Dow looks to open -190 ish. What are your thoughts on GJ ?
I am short from 195.5 on a free carry now.
Damo.
I do not thing the double bottom will hold.

Once retail investors see the over night carnage they will be running for the doors . This should drive us markets lower.

But we will see
Blogging daily now at www.volume.zone
  • #598
  • Mar 17, 2008 9:18am Mar 17, 2008 9:18am
Quoting Scotty B
Hey friend. I suppose I should mention that the forex is a risky old beast of a market. The parameters I listed are the field the market is playing on; boundaries if you will. Also I don't use stops. They are a waste of completely good money. I don't advocate trading that way though. It's not for the faint of heart. Right now I have trades in extreme DD, but they are long positions and I don't mind the interest payment at all. They are quite nice really. Infact I have TP's on those trades way up at 208.30. It might not make a lot of sense, but this is a great time to go long the way I see it. It's a numbers game. don't worry mate, she'll go up again; she said she would and she never lies. I attached a chart with some lines to help visualize the short situation. She has kindly told us, shes headed to the pretty green line.
I too see it much like you. Stop losses are a waste of money. But this last run down wiped me out. I too had TP's up into 208 and far too many long in the 207 range, I was long all the way down into 199 but they ran me out of money and wouldn't let me put anymore in as they limit monthly credit card charges to 5G.

I am thinking long all the way and for sure it will hit the green line,
as to which it hits first the new low into 191 or 196.60 really doesn't matter.

It has been quite some time since you could get this many pound with some
overvalued Yen. Wish I had a boatload of cash to load up long.
  • #599
  • Mar 17, 2008 9:45am Mar 17, 2008 9:45am
Missed a very nice long trigger that would have given 170 pips.

I was nervous to be going long in this market.

I am sitting today and tomorrow out and let the market restabliize after the interest rate annoucement.
Blogging daily now at www.volume.zone
  • #600
  • Mar 17, 2008 9:55am Mar 17, 2008 9:55am
We have a hidden bearish divergence on rapid rsi 15m.
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