Lots of pips made
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #106,742
- Aug 12, 2008 9:30pm Aug 12, 2008 9:30pm
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
- #106,744
- Aug 12, 2008 9:30pm Aug 12, 2008 9:30pm
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #106,746
- Aug 12, 2008 9:36pm Aug 12, 2008 9:36pm
- Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,584 Posts
- #106,748
- Aug 12, 2008 10:33pm Aug 12, 2008 10:33pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #106,749
- Aug 12, 2008 10:34pm Aug 12, 2008 10:34pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
im considering a short-term long on g/j. anyone else with me?
to late .... I would not right now ..... rsi on 10 min hooked down ... she stopped dead on the 50 sma on the 10 min
Blogging daily now at www.volume.zone
to late .... I would not right now ..... rsi on 10 min hooked down ... she stopped dead on the 50 sma on the 10 min
4 hr and daily charts are still very oversold still so i dont know how much more this can head down today
- #106,753
- Aug 12, 2008 10:38pm Aug 12, 2008 10:38pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
i realized that after i posted
4 hr and daily charts are still very oversold still so i dont know how much more this can head down today
take a look at eurusd ... and more so audusd .... their charts make no sense any more other than short short and short.
However I think we may be coming to a temporary bottom in eurusd as it did not exceed the lows of yesterday today even though oil dropped further
Blogging daily now at www.volume.zone
take a look at eurusd ... and more so audusd .... their charts make no sense any more other than short short and short.
However I think we may be coming to a temporary bottom in eurusd as it did not exceed the lows of yesterday today even though oil dropped further
thanks for the confirmation
- #106,755
- Aug 12, 2008 10:44pm Aug 12, 2008 10:44pm
wow gj up to her old tricks .. awesome for us day traders ... but sucks if you are a swing trader and were counting that 160 pips you had in the Asian session....almost a complete reversal ...
very nice ride both ways
Definitely get spoiled on those shorts on days like today.
Easy to get greedy and give it all back so let us not forget patience and MM.
So where do we go from here with the London opening coming up?
History is written by the victors.
- #106,756
- Aug 12, 2008 10:47pm Aug 12, 2008 10:47pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
Don't forget me! Nothing too fancy, just one of these...
did u watch the movie "Mr. Deeds"? did u see what he bought for the entire town? i might do the same for the entire thread
- #106,757
- Aug 12, 2008 10:51pm Aug 12, 2008 10:51pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Hello all.
Definitely get spoiled on those shorts on days like today.
Easy to get greedy and give it all back so let us not forget patience and MM.
So where do we go from here with the London opening coming up?
I trade off 10 min charts ... once it hit my 161.8 % fe to the tick and formed double bottom I closed and looked for a good long confirmation
This did not come till 205.70 entry , I ran her up to the 50 sma on the 10 min
was going to take her short on breakdown 50 sma on 10 min at 206.50 ... but tired and now want to hit the sack to get be fresh for US / euro overlap
Blogging daily now at www.volume.zone
- #106,759
- Aug 12, 2008 10:54pm Aug 12, 2008 10:54pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
wow gj up to her old tricks .. awesome for us day traders ... but sucks if you are a swing trader and were counting that 160 pips you had in the Asian session....almost a complete reversal ...
very nice ride both ways
what's a 150 pip bounce in a 800+ bear? no reversal yet, but i would ask everyone to proceed in caution.
261.8 extention and upper weekly TL in the way which was (as predicted) at 205-205.50
we might be having some bullish divergence here confirmed with a pin bar.my internet connection STOPPED on me so i had to drive to the office like a rocket, too bad i missed that bounce
my ISP is getting it when i get the time...
- #106,760
- Aug 12, 2008 10:55pm Aug 12, 2008 10:55pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
take a look at eurusd ... and more so audusd .... their charts make no sense any more other than short short and short.
However I think we may be coming to a temporary bottom in eurusd as it did not exceed the lows of yesterday today even though oil dropped further
also gold bottemed for 2 days
oh, and geppy reverses on my 4 h chart (pinbar).