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GBPJPY scalpers

  • #1,581
  • Mar 31, 2008 7:50am Mar 31, 2008 7:50am
So much for the ym uptrend. headed south again
  • #1,582
  • Mar 31, 2008 8:03am Mar 31, 2008 8:03am
I believe we might see a symmetrical triangle here.It could be a continuation pattern if broken down...then we should see prices as low as 195.xx
  • #1,583
  • Mar 31, 2008 8:06am Mar 31, 2008 8:06am
Here it is...
http://img172.imageshack.us/img172/786/32ys8.jpg
  • #1,584
  • Mar 31, 2008 8:10am Mar 31, 2008 8:10am
Who came up with the 195.....and why?


Quoting Küster
I believe we might see a symmetrical triangle here.It could be a continuation pattern if broken down...then we should see prices as low as 195.xx
Trade what you see - Not what you think
  • #1,585
  • Mar 31, 2008 8:18am Mar 31, 2008 8:18am
I agree Kuster, if 196.86 breaks its the next target low on the daily within the consolidation pattern. My apologies to Malcom, I meant Malcomb14 in my prevoius reply. Thanks again
  • #1,586
  • Mar 31, 2008 9:04am Mar 31, 2008 9:04am
anyone alive out there ?? its quite now !! whats up ?? i feel lonely now !

Goodbadmas
  • #1,587
  • Mar 31, 2008 9:12am Mar 31, 2008 9:12am
found resistance at 198.00...It's strange...
  • #1,588
  • Mar 31, 2008 9:13am Mar 31, 2008 9:13am
Quoting goodbadmas
anyone alive out there ?? its quite now !! whats up ?? i feel lonely now !

Goodbadmas
Shhhhhh! Im hunting wabbits, lol.

Actually just scalping along whenever the opp arises. Although the movement is getting pretty tight of late this morning. Think theyre all waiting to hear what Paulson has to say.
  • #1,589
  • Mar 31, 2008 9:16am Mar 31, 2008 9:16am
Quoting bluemax
Shhhhhh! Im hunting wabbits, lol.

Actually just scalping along whenever the opp arises. Although the movement is getting pretty tight of late this morning. Think theyre all waiting to hear what Paulson has to say.
shhhhhh ...... should have told me before ... well .. so far Paulson is not making much sense i guess.. market is still where it was ... in the playing area bwt 60 ema and 200 ema

Goodbadmas
  • #1,590
  • Mar 31, 2008 9:25am Mar 31, 2008 9:25am
Quoting goodbadmas
so far Paulson is not making much sense i guess

Goodbadmas
I keep hearing the words "regulate" and "regulator" from him....how many times. Just what we need, lol.
  • #1,591
  • Mar 31, 2008 9:34am Mar 31, 2008 9:34am
Quoting bluemax
I keep hearing the words "regulate" and "regulator" from him....how many times. Just what we need, lol.
haha .. may be thats all he knows !!
  • #1,592
  • Mar 31, 2008 9:37am Mar 31, 2008 9:37am
Market tight right now , although the 15 min points to up side , if that R at 198.3 i broken.

I also see the symmetrical triangle and a bear flag.

The dj-30 is not that strong today , once we got the gap fill on the YM it soon dropped again.

we had a 600 pips range last night ... gj likely resting till later today.
Blogging daily now at www.volume.zone
  • #1,593
  • Mar 31, 2008 9:45am Mar 31, 2008 9:45am
GJ1h
http://www.tradingrooms.com/chartpos...2008135359.png
  • #1,594
  • Mar 31, 2008 9:45am Mar 31, 2008 9:45am
No, not so strange. It has been a pivot point 5 times in the very recent past.
  • #1,595
  • Mar 31, 2008 9:48am Mar 31, 2008 9:48am
It's looking pretty similar to a triangle...
  • #1,596
  • Mar 31, 2008 10:13am Mar 31, 2008 10:13am
this is boringggggggggggggggggg
  • #1,597
  • Mar 31, 2008 10:18am Mar 31, 2008 10:18am
Waiting next dive to pass the triangle's bottom.
  • #1,598
  • Edited 10:42am Mar 31, 2008 10:20am | Edited 10:42am
Quoting goodbadmas
this is boringggggggggggggggggg
http://www2.barchart.com/ifutpage.asp?sym=YM&code=BSTK
June '08 (YMM8)/12234/-2/12229/12265/12158/12236/10:19
Q C O
September '08 (YMU8)/12250/+14/12230/12250/12230/12236/10:07
Attached Image
  • #1,599
  • Mar 31, 2008 10:28am Mar 31, 2008 10:28am
Quoting goodbadmas
this is boringggggggggggggggggg
check out the kiwi I am buying them in the dips scalping NZD/USD
waiting for signs of intelligent movement in GJ
  • #1,600
  • Mar 31, 2008 10:30am Mar 31, 2008 10:30am
It's clearly overbought, but its still fighting
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