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

  • #91,261
  • Jun 9, 2008 6:18pm Jun 9, 2008 6:18pm
Quoting Srikanth


they have been doing that but people just wanna do the same mistake again n again

One can see where the beast shud end to the topside..

hahaa yea doesnt take 20/20 to see they have been buying, me too again as well
"Millionaires don't use astrology, billionaires do"
  • #91,262
  • Jun 9, 2008 6:20pm Jun 9, 2008 6:20pm
Quoting mktjong
Human are more wired to visual. When they see a price action or trend going up or down, their mind tends to disconnect to their normal logical thinking. More attracted to what they see.
I think we all could be far better off without looking at the chart but instead just trade with the price number .. something controversial but think about it ..

Thats all they have in the pits and a PIT trader will outperform and chart trader anyday of the week.
"Millionaires don't use astrology, billionaires do"
  • #91,263
  • Jun 9, 2008 6:20pm Jun 9, 2008 6:20pm
Divergence on 5 mins, 1 Hour, and almost confirmed on daily. Strong DBLHLC on 5 min
Money & Pain Respect the market, protect your capital, be patient
  • #91,264
  • Jun 9, 2008 6:20pm Jun 9, 2008 6:20pm
Quoting Scrat
i have reviewed the charts again and guess what? yes, i know this may come as a shock because it's coming from me... but i think g-j reached the top. so i'm expecting a fall anytime now.
let's see.

i have 15 charts saying each high the past 2 weeks were the top...
  • #91,265
  • Jun 9, 2008 6:21pm Jun 9, 2008 6:21pm
dear god
make earthquake in switzerland
make tornado on britain
and make rainbows in japan
amen
  • #91,266
  • Jun 9, 2008 6:21pm Jun 9, 2008 6:21pm
i'm in the boat to 213-214..

i don't see any STRONG resitance at 210 .. see ya guyz when price reaches 213-214..
  • #91,267
  • Jun 9, 2008 6:23pm Jun 9, 2008 6:23pm
Quoting RonPaul2008
dear god
make earthquake in switzerland
make tornado on britain
and make rainbows in japan
amen
You'd do that for some green pips???????
Money & Pain Respect the market, protect your capital, be patient
  • #91,268
  • Jun 9, 2008 6:26pm Jun 9, 2008 6:26pm
Quoting OrionsWay
Thats all they have in the pits and a PIT trader will outperform and chart trader anyday of the week.
You're right .. never thought about it .. good example you gave
  • #91,269
  • Jun 9, 2008 6:28pm Jun 9, 2008 6:28pm
My crystall ball is rubbish. it did not tell me gj was going down 500 pips and then bouncing 600 .. all in a week .

Time for a new one !!!

Blogging daily now at www.volume.zone
  • #91,270
  • Jun 9, 2008 6:28pm Jun 9, 2008 6:28pm
Quoting Srikanth
i'm in the boat to 213-214..

i don't see any STRONG resitance at 210 .. see ya guyz when price reaches 213-214..

Its invisible
"Millionaires don't use astrology, billionaires do"
  • #91,271
  • Jun 9, 2008 6:29pm Jun 9, 2008 6:29pm
Quoting OrionsWay
Thats all they have in the pits and a PIT trader will outperform and chart trader anyday of the week.
How does it work without charts? Just a number flashing green up/red down?

No way I could trade that....they use charts at the hedge funds I've worked in..and lunches, there's a very good reason financial districts exist!
Money & Pain Respect the market, protect your capital, be patient
  • #91,272
  • Jun 9, 2008 6:29pm Jun 9, 2008 6:29pm
Quoting RonPaul2008
dear god
make earthquake in switzerland
make tornado on britain
and make rainbows in japan
amen
Quoting toyboy tramp
You'd do that for some green pips???????
i have my life savings at 150:1 on tese trades
so yes of course!!
you guys dont make prayers for your gambles???

all repeat the prayers and we can make it happen
  • #91,273
  • Jun 9, 2008 6:30pm Jun 9, 2008 6:30pm
looks like gbp/jpy will take a drop tonight
  • #91,274
  • Jun 9, 2008 6:31pm Jun 9, 2008 6:31pm
Ill wait and buy this pair on the next dip at around.... 208.
  • #91,275
  • Jun 9, 2008 6:31pm Jun 9, 2008 6:31pm
Quoting RonPaul2008
i have my life savings at 150:1 on tese trades
so yes of course!!
you guys dont make prayers for your gambles???

all repeat the prayers and we can make it happen
The bombe will fall on you and then where will you be? Dead, that's what
Money & Pain Respect the market, protect your capital, be patient
  • #91,276
  • Jun 9, 2008 6:31pm Jun 9, 2008 6:31pm
oh but it's far from being confirmed on daily...
i based my decision on EW count. 3rd wave on daily, 5th on h4, 5th on 40min, 5th on 7min... time to go down.
Quoting toyboy tramp
Divergence on 5 mins, 1 Hour, and almost confirmed on daily. Strong DBLHLC on 5 min
Nihil Sine Deo.
  • #91,277
  • Jun 9, 2008 6:32pm Jun 9, 2008 6:32pm
Quoting RonPaul2008
dear god
make earthquake in switzerland
make tornado on britain
and make rainbows in japan
amen
Be careful of what you're praying for, shouldn't it be 'Rainbow" as well in Switzerland (Risk aversion)?

  • #91,278
  • Jun 9, 2008 6:33pm Jun 9, 2008 6:33pm
Quoting toyboy tramp
How does it work without charts? Just a number flashing green up/red down?

No way I could trade that....they use charts at the hedge funds I've worked in..and lunches, there's a very good reason financial districts exist!
Its called reading the tape, bid offer instantly. There is a reason the pits are still around and probably will be forever. They will have their orders bought and sold before u even get a price.
"Millionaires don't use astrology, billionaires do"
  • #91,279
  • Jun 9, 2008 6:33pm Jun 9, 2008 6:33pm
Quoting mktjong
Be careful of what you're praying for, shouldn't it be 'Rainbow" as well in Switzerland (Risk aversion)?

no no i am short the chf jp :000000
and the gbp jy
  • #91,280
  • Jun 9, 2008 6:34pm Jun 9, 2008 6:34pm
Went short gbp/aud, bye bye gbp/jpy for now
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