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

  • #111,141
  • Sep 7, 2008 4:25pm Sep 7, 2008 4:25pm
Thanks bud awesome but sucks cant do anything till broker opens. Already +100 on that. We will see it go low again before Asians get into it probably around Friday's lows before getting back up imo same with GJ
  • #111,142
  • Sep 7, 2008 4:26pm Sep 7, 2008 4:26pm
Quoting worlhin
i will close it... once the broker is open... still not open...
anyone know ab forexhelp.com, the chart also still the same since friday...
i'm not sure it is related to my broker...
If you want to stay in this business spend some money on good tools ...

how many drywallers on a job site do you see screwing in the drywall screws with a hand screwdriver ?

a few good tools in this game go a long way

I like esignal and tradestation for charting
Blogging daily now at www.volume.zone
  • #111,143
  • Sep 7, 2008 4:26pm Sep 7, 2008 4:26pm
OMG

could have made 4 hundred easy pips If I would have held trade through weekend.

http://www.forexfactory.com/showpost...stcount=110774

what are you gonna do, it happens
  • #111,144
  • Sep 7, 2008 4:29pm Sep 7, 2008 4:29pm
Quoting pkimnyc
malcolmb, what's a T30 line? would you care to explain? appreciate it in advance.
lines at 30 pips intervals drawn from the daily pivot ... for scalping they are invaluable
Blogging daily now at www.volume.zone
  • #111,145
  • Sep 7, 2008 4:34pm Sep 7, 2008 4:34pm
Quoting malcolmb14
lines at 30 pips intervals drawn from the daily pivot ... for scalping they are invaluable
thanks.
  • #111,146
  • Sep 7, 2008 4:36pm Sep 7, 2008 4:36pm
Quoting malcolmb14
easy .. open range trading ... call 1st 15 min of when your broker opens the open range .. draw high and low .. play breakout or break down

in 70 pip day trade even with 18 pips spread 50 pips for day so far ..GJ .... OR high was 193.30 , moved stop to +30 already

swing trade long still open....
How can one draw any lows on this kind of a chart?????
Markets are not Random, they are designed!
  • #111,147
  • Sep 7, 2008 4:36pm Sep 7, 2008 4:36pm
I think I might have a skill at calling tops and bottoms.

http://www.forexfactory.com/showpost...stcount=104158

Now I should go work for dailyfx.com with kathy and boris
  • #111,148
  • Sep 7, 2008 4:39pm Sep 7, 2008 4:39pm
Luckly I already closed all my short before friday market closing.....I think GJ by this week will try to close gap on last week trade....however GJ still sell rallies.....
  • #111,149
  • Sep 7, 2008 4:40pm Sep 7, 2008 4:40pm
mann .. I don't dare to go long nor short at this moment .. still side line
  • #111,150
  • Sep 7, 2008 4:40pm Sep 7, 2008 4:40pm
Quoting anakmelayufx
Luckly I already closed all my short before friday market closing.....I think GJ by this week will try to close gap on last week trade....however GJ still sell rallies.....

sell rallies bollocks
4X is the biggest casino in the world...Open 24h Monday to Friday.
  • #111,151
  • Sep 7, 2008 4:41pm Sep 7, 2008 4:41pm
it looks like the broker open at 6am...
sigh, i never trade early in the morning, so do not aware abt that...
Lost...
  • #111,152
  • Sep 7, 2008 4:42pm Sep 7, 2008 4:42pm
Quoting Pirin
Sure, open bloomberg.com or money.cnn.com
Yes...i understand why USD would be going ape shit....but GBP/JPY?

I guess my real question was is this just a short term reaction or something that is strong enough to reverse current trends

thanks for the reply
--post hoc ergo propter hoc--
  • #111,153
  • Sep 7, 2008 4:45pm Sep 7, 2008 4:45pm
Quoting Raza
How can one draw any lows on this kind of a chart?????

channel ... on a 15 min channel you can draw a line at the high and the low
Blogging daily now at www.volume.zone
  • #111,154
  • Sep 7, 2008 4:46pm Sep 7, 2008 4:46pm
194,685
  • #111,155
  • Sep 7, 2008 4:47pm Sep 7, 2008 4:47pm
Quoting malcolmb14
lines at 30 pips intervals drawn from the daily pivot ... for scalping they are invaluable
do you have an indicator for this one or do it per hand ?
  • #111,156
  • Sep 7, 2008 4:47pm Sep 7, 2008 4:47pm
Quoting malcolmb14
channel ... on a 15 min channel you can draw a line at the high and the low
Thanks
Markets are not Random, they are designed!
  • #111,157
  • Sep 7, 2008 4:47pm Sep 7, 2008 4:47pm
wow, look @ the size of the gap.
  • #111,158
  • Sep 7, 2008 4:49pm Sep 7, 2008 4:49pm
Quoting anakmelayufx
Luckly I already closed all my short before friday market closing.....I think GJ by this week will try to close gap on last week trade....however GJ still sell rallies.....
yup... until that gap closed... I will stay out.... we should get clearer picture on market direction after that...
  • #111,159
  • Sep 7, 2008 4:50pm Sep 7, 2008 4:50pm
holy mother of....

yeah that doji on friday sure indicated something, but come on, 430 pips difference between friday's close and today's open. like
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  • #111,160
  • Sep 7, 2008 4:55pm Sep 7, 2008 4:55pm
70 pips on the nzd/jpy already. Nice.
Patience + Humility + Study = Success
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