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GBPJPY scalpers

  • #1,381
  • Mar 30, 2008 6:14pm Mar 30, 2008 6:14pm
Quoting malcolmb14
right now would not take long until 50 sma on 5 broken at 197.6

HMM
  • #1,382
  • Mar 30, 2008 6:15pm Mar 30, 2008 6:15pm
Quoting tonyo524
Hey Malcolm, can I ask you what time frame are you setting your Fib at?

I use pivots to set fibs ...these could appear on any time frame,
Blogging daily now at www.volume.zone
  • #1,383
  • Mar 30, 2008 6:17pm Mar 30, 2008 6:17pm
top of linear regression channel right now

1,2,3 min looking overbought

still looking for that 197.9
Blogging daily now at www.volume.zone
  • #1,384
  • Mar 30, 2008 6:18pm Mar 30, 2008 6:18pm
This is hyper-trading on steroids!
  • #1,385
  • Mar 30, 2008 6:18pm Mar 30, 2008 6:18pm
Quoting DutchTrader
Why would anyone long?

as a scalper never get married to a position , I went long and loving it
Blogging daily now at www.volume.zone
  • #1,386
  • Mar 30, 2008 6:19pm Mar 30, 2008 6:19pm
starting now...it cant go further
  • #1,387
  • Mar 30, 2008 6:20pm Mar 30, 2008 6:20pm
overbought...its falling
  • #1,388
  • Mar 30, 2008 6:20pm Mar 30, 2008 6:20pm
out at 197.78
Blogging daily now at www.volume.zone
  • #1,389
  • Mar 30, 2008 6:20pm Mar 30, 2008 6:20pm
Quoting malcolmb14
as a scalper never get married to a position , I went long and loving it
thats the only thing i have to learn ... not to get married

goodbadmas
  • #1,390
  • Mar 30, 2008 6:21pm Mar 30, 2008 6:21pm
something is just not adding up here

Quoting malcolmb14
long t 01 197.9
  • #1,391
  • Mar 30, 2008 6:21pm Mar 30, 2008 6:21pm
clue on bear trap

the YM has gained since open 25 points

= no bad news out there

gj was a classic bear trap ... they pushed gbpusd down to trap the bears ... now watch it go to 199
Blogging daily now at www.volume.zone
  • #1,392
  • Mar 30, 2008 6:24pm Mar 30, 2008 6:24pm
waiting for short set up to plat out...

possible top 5 min

looking for breakdown of 50 sma on 5 and 197.5 support
Blogging daily now at www.volume.zone
  • #1,393
  • Mar 30, 2008 6:24pm Mar 30, 2008 6:24pm
And if so, did you just lose connection?
All that is left in FF is just plain garbage. "Cloggie"
  • #1,394
  • Mar 30, 2008 6:25pm Mar 30, 2008 6:25pm
Quoting goodbadmas
thats the only thing i have to learn ... not to get married

goodbadmas

been there .. done that ..err three times lol .......
Blogging daily now at www.volume.zone
  • #1,395
  • Mar 30, 2008 6:26pm Mar 30, 2008 6:26pm
Quoting malcolmb14
waiting for short set up to plat out...

possible top 5 min

looking for breakdown of 50 sma on 5 and 197.5 support
when u say sma its a simple moving average right ?

Thanks
Goodbadmas
  • #1,396
  • Mar 30, 2008 6:27pm Mar 30, 2008 6:27pm
Quoting FXStarShip
something is just not adding up here
ok long was 196.6 , target was 196.9 , that was a fib extensions .... did not hit it and reversed on smaller time frames (1,2, and 3) ... as soon as I see that I get out of trade ....

spread is 7 pips right now .... so as long as I make more than that I am happy.

right now waiting for short under 50 sma on 5 min and 197.5
Blogging daily now at www.volume.zone
  • #1,397
  • Mar 30, 2008 6:27pm Mar 30, 2008 6:27pm
Quoting malcolmb14
clue on bear trap

the YM has gained since open 25 points

= no bad news out there

gj was a classic bear trap ... they pushed gbpusd down to trap the bears ... now watch it go to 199
2nd that
i see GJ will ranged from 197.5-200 for this week had my long open at 197.7 will keep this pos open untill london open
out for breakfast see u all later
Sometimes in order to see the light, you have to risk the dark
  • #1,398
  • Mar 30, 2008 6:28pm Mar 30, 2008 6:28pm
Quoting tonyo524
And if so, did you just lose connection?
yes i think i did lose a connection for few min or 2

Goodbadmas
  • #1,399
  • Mar 30, 2008 6:28pm Mar 30, 2008 6:28pm
197.4 is sell entry , 196.26 target , with minor support at 197.3
Blogging daily now at www.volume.zone
  • #1,400
  • Mar 30, 2008 6:28pm Mar 30, 2008 6:28pm
will this fall brake the 196.9 bottom?
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